davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

the movement there, and especially in
the latter, has been lately so much be-
fore the public that it is unnecessary
to recall details. 1t is obvious, how
ever, that where the commercial in
terests at stake are so great, and po-
litical conditions so uncertain, the de-
sire to secure commercial o portunity
will lead countries that possess force
into a dangerous temptation to use il
for the extension of their influence
Therefore, unless prepared to maintain
our rights, either singly or in com
bination with others, backed by force
at hand we may find ourselves eXclud-
ed, more or less, by the encroachmens
of rivals.
The case in South America is ever
more serious; for political interference
there not only may injure us CONNER
cially, but would certainly dishonor us
in face Of our clearly avowed policy. II
must be remembered that this extern
sion Of commerce by political pressure
is a leading element In the spirit OF
the times; and when such spirit is
looking watchfully for field in which
to act, one so fruitful and so prom1s-
ing as South America can secure eX-
emption only by a display of power
to resist, which South America 1tsei
does not possess, and which the UNIT
ed States alone can supply.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19
Guarding &)au Street against Thieves

lance on the west side.
Aside from the city detectives and
patrolmen in the financial district,
each large bank and financial institu-
ton has one or more special officers
of it's own. In the Office of J. P. Nor
gan & Co. there are six. Other large
banks have the same number. These
are not the only safeguarded against
robbery in Wall street. 1t is GUS
tomary, when any cash or valuable Sc
curities are taken through the street
from one financial house to another,
or between a bank and a safe deposit
vault, for two men toecarry the valua-
BILE property in tin box. The box is
swung between them, and sometimes.
though not frequently, these two men
are each handcuffed to the handle Of
the box. Then behind them walks one
or more Of the special officers. Some
times there Is only one officer and he
follows the men with the box, never
allowing them to be more than yard
ahead of him as they walk rapidly
through the street. Someties there are
two officers. Then, the second man
will walk about six feet behind the
first, both Of them keeping their eyes
on the tin box that may contain mil
lions of dollars in securities.
These special officers are, of course,
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19
BY Capt. ~. =. Mahan

the way up to a practically exclusive
market. The history Of the past twen-
ty or thirty years abounds in such in
stances, reversive of the course of
trade even to the destruction at times
Of a we'll established commerce.
Much of this politico-c commercial
movement has occurred in regions
where the United States has been
compelled, by her recognized tradi-
tional policy, to abstain from inter
vention, or even remonstrance. The
politics is none of our business, and
the resultant commercial inconven1-
ence, if it touch us, has to be accept
ed. This applies to Europe generally;
to Africa, which, both by position and
now by annexation, is an appendage
of Europe; and probably also to those
parts of Asia commonly known as the
Levant, which by juxtaposition are
European in interest. The case is very
different in South America, in Eastern
Asia, and in the Pacific. From interest
in one Of these are we excluded by the
Monroe doctrine and it's corollaries by
which we simply define our policy to
be hands off in matters Of purely Eu-
ropean concern; while by our express
declaration political interference III
South America, of character to IN
trude European political control will
be resented as directly injurious to us.
AS regards the Pacific and Chlna'
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19
By John M. Forbes.

persistence manifested by the yellow
journal in it's pretended warfare on
combinations and imaginary trusts is
merely due from the good monetary
results that are obtained therefrom.
A vast number of Americans are prone
to feel oppressed and welcome any
paper that shows a sympathy with
them, never considering whether the
sympathy be honest or simulated. But
let me say again that the yellow jour-
nal has no sympathy for anyone. 1t
finds the field which it covers profit
able one, and consequently makes the
most of it. It does no good, nor does
it want to. It's inf1ammatory edito-
rails are incentives to social strife;
its terrible carricatures impress al
legged wrongs upon the simpler minds,
and may, If not stopped, stimulate ir-
responsible readers to resolution to
avenge their supposed injuries; 1t
makes the masses resentful at the
success Of the capitalist and at the
general prosperity Of the country; 1T
encourages employees to foolish and in
consistent demands; it engenders So
cial struggles that must mean in the
end revolution itself.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

refrained from such an effort; but the
great mass of laboring people, who
have little time to give this or that
question any very deep and compre-
hensive consideration, were ready for
the imposition. 1t is not because the
yellow journal is in love with labor or
the downtrodden that it pretends to be
heart and soul in the work of human
ity's uplifting. Far from it. The
yellow journal has no more real inter-
est in the laboring man than it has
in the capitalist, and, if the truth were
known, by no means as much. 1t pre-
tends to have, but its concern ends
with pretension. It is altogether a
pose used to deceive the great masses.
There is subtle art to this yellow
type of Journalism that is diabolical.
The laboring man no doubt in many
cases finds consolation in the COL
umns Of the yellow paper, but If he
reads between the lines his consola-
ton will be short-lived. True, the
article he may read terms the capt.
talist an "avid scoundrer and pictures
him an unmerciful master scourging
his employee; but why is it done? Not
because the yellow journal has any
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

brains enough to look through it's SUI
perficiality and see the ugly interior.
1t has come to a point where it can
no longer be laughed at as some great
freak of ephemeral life, for it has lived
now long enough to assure itself an
existence by no means brief, and one
that will prove sufficiently lasting to
jeopardize the government itself I'M
less drastic means are taken to dwarf
its Internal influence.
The yellow journal is an exponent of
anarchy, and those reverend gentlemen
who from the pulpit extol its merits,
baud the murderous theories and prac-
tees of the anarchist. 1t may be, per-
haps, that the men and women who
give life to the yellow terror and con-
tribute to it's profits are not wise
enough to see that they are fostering
anarchy; yet such is the truth.
1t Is surprising that so many appar-
emily bright and educated people are
tricked by the artfuI schening of the
yellow journal in its play for favor with
the masses. The reason of this fawn-
ing is obvious enough. The yellow
journal could not hope to gull the peo-
pie who control labor, and very wisely
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

t IS not an altogether agreeable
task to eXpatiate on a disagree
able subject, yet it seems high
L time that the truth were told
concerning the disgusting feat
ures Of what has been aptly termed
yellow Journalism" This topic has
been widely discussed and many times
adversely criticised, but there has been
no actual dissection of the vile octopus
as it really exists.
In most of the articles on this sub
tect, the authors, through fear or for
some other reason, pretend to find
some good in the Ioathsome method OF
conducting a newspaper. that from an
unbiased viewpoint can be considered
nothing less than indecent, debasingI
and a menace to our countrys welfare.
The better class of publications are
calmly watching the giant grow more
and more powerful and utter no word
against it's development. And as it
grows more in power, it grows in evil
ness and becomes holder and the more
contemplate to honest men who have
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

concentrating their energy into the.
short hours of business. These three
were detectives also.
Aside from these eight whom l had
seen were twelve other men from the
city detective force, and all of them
the Oldest and most experienced of the
force, patroIing the small district where
the great financial business of the
country is done-east Of Broadway
and between Fulton street and the
East river. A part of this squad of
twenty men gives it's attention to
Maiden Lane, where every building Is
filed with diamonds and the richest
gems and jewelry, and the others
guard Wall street and it's short tribu-
taries, where the offices Of banks and
bond houses and stock brokers' offices
occupy every inch Of the space inside
the sidewalk line. These twenty men
from the city detective bureau are Sc
lected for one particular qualification,
and that is their knowledge Of thieves
and their ways.
These men have made a stu ~ Of
the faces of the most important thieves
Of the world. AS soon as one Of these
noted criminals appears in Wall street
he is sure to be recognized by one or
more Of the twenty. Even though he
may not have committed a crime for
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

Ut HAS been more than a quarter
Of a century since Wall street
has known a great robbery-so
long ago that the story is told like
a legend-yet there is no district
in any city of the country, perhaps of
the world, so constantly and vigilant-
ly guarded as the financial center CT
New York. Special detectives, city
detectives and policemen unite to keep
the thieves from Wall street and to
prevent one who becomes a thief there
from escaping with his booty. 1 OBJ
served at the corner of Wall and Broad
streets, on the sidewalk opposite the
office of J. Pierpont Morgan Sc Co,
a group of men, square built, with big
laws, who seemed to have met there
casually and were engaged in friendly
conversation. They were city detect
ives. A block farther down Wall street,
at the corner Of William street, two
other men Of the same stamp were
lounging against a building, talking
and laughing with a neWsboy. They
too were city detectives.
A little farther away, at the corner
of Exchange place and New street
narrow, dark streets, between tower
ing walls of buildings-were three men
who seemed to have more leisure than
the multitude Of others who We're
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19
By John Mathews

various kinds. Even should a thlef
successfully steal a quantity of bonds,
he would have difficulty in disposing
Of them. He would be obliged either
to sell them or borrow money with the
stolen bonds as security, and there are
few places where he could do either
without Identification. 50 the thieves
have let Wall street alone.
The greater part Of this extreme Wig.
lance is the result Of The robbery OF
Mr.. Lord, owner Of the Lord Court
building, a robbery which occurred
about twenty five years ago. The sto-
nv Of the crime was told as follows
by one Of the Oldest members of the
police force: Mr.. Lord. who was an
elderly gentleman of immense wealth,
was sitting one afternoon reading
newspaper in his office i'll the building
which bears his name. Anyone from
the street could walk directly into it
without meeting opposition or inquiry.
i, The system was different from what
it is now, for a man Of Mr.. Lords po-
sition would now be hidden within an
interior room and guarded by snap
locks and a private secretary and cold
and inquisitive office boys. For sew
eral days two men had gone frequent
ly into Mr.. Lords ofice-although not
in his private Office then and while
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

produce sum Of money more than
sufficient to redeem every note OF
national bank that has failed since
the creation Of the system, and, too,
without recourse to the government
bonds held as security. This would
furnish currency good In the hands
of the public, good everywhere, good
for any purpose. It would extend all
the advantages heretofore derived
from clearing house certificates in the
larger cities to the towns and country
generally. Such currency would be
free from the criticisms applying to
clearing house certificates, while hav-
ing all their advantages and many
more. It would not be a source OF
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

profit to the banks, except as 1t would
safeguard values and protect business:
Like a policy of insurance, 1t would
afford relief in case Of calamity. It
would in times of panic extend to the
grain fields Of the West, the cotton
fields Of the South and the counting
house of the mine and factory the re-
lief which heretofore only metropoi,
fan centers have measureably received
through clearing house certificates.
Panic means business paralysis. The
fear of loss induces people to lock up
their money and withhold credit, and
stagnation naturally ensues.
Let the weekly wage Of our shops
and factories be withheld instead Of
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

panics in the past, we will have panics
in the future, and all signs indicate
that the next panic will be mans
size" An emergency such as I have
outlined could be obtained by very
slight amendment of existing laws
and no disturbance of existing banking
mechanism. 1t is so manifestly in the
interests of all classes and Sll indus
try that 1t ought not to be difficult t.
obtain such legislation from congress
1t seems to me that serious considera-
ton of this question is well worthy
of your association, representing, as
you do, the banking and commercial
interests of one Of our greatest COM
monWealthS.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

which he has not been punished, his
very presence in the precinct where
money and valuable securities are the
only commodities at hand is a suspl-
cious circumstance, and he is quick
ly driven outside the sacred limits.
The dead line on the north is Fulton
street and on the west Broadway. The
thief must stay beyond the dead line.
There is a branch station of the de-
tective bureau in the Wall street dis
trict which is entirely distinct from
the police precinct headquarters.
This station is in the basement Of
the new Stock Exchange building on
Broad street, near Wall. Every morn
ing at o'clock the twenty detectives
report there for duty after they have
left police headquarters. Then they
scatter about at will through the
streets Of the financial center. About
$780, when all the financial business
Of the day is over, they leave Wall
street to the care of the large force Of
patrolmen. The posts in this district
are not more than block long. In
the block on Broad street between
Wall street and Exchange place two
patrolmen are on duty at night. One
of them walks back and forth over the
short block on the east side of the
street; the other walks the same dis
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

fed with the treaty with
Denmark. The truth is, we do not
want any more colonies. Our explo-
sive Imperialism has subsidized. The
Philippines have chastened u.s., Porto
Rico is a charitable institution which
has made US appear almost selfish in
the eyes of the world. Cuba is an i'm
pending and tumultuous problem. Had
Porto Rico redeemed herself by fine
harbOr, even protection, that armed
genie of loud voice and anxious eye,
who presides at the mouth Of our har-
Dor, who might indeed be called the
conscientious stepfather of his coun-
try, even he might have conceded to the
fertile island an excuse for e1VsteneS
and, after the close Of the war with
Spain, there would have been no re-
opening of the Danish island question.
But a harbor in the West Indies we
must have, and Denmark possesses two
at the very gateway of those waters
which divide the Americas and bristle
with the forts of foreign powers. Some
day the great canal will be built, and
we must be able to strike quickly when
1t is menaced. Some day the Monroe
doctrine will be ignored, and the blow
will be dealt in the Caribbean sea. Ger
manys ambitions are almost Engenu-
Gus. The menace of Russia is known
to every student of the times; she has
never retraced step nor ceased to adj
vance; her movements are as firm and
deliberate as they are stealthy.
Therefore, for more than quarter Of
q century it has been patent to Amer
lean statesmen that the United States
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19
By Fl. 3. Hepburn

going into the savings banks and
channels of trade, and a currency
strtngency is quickly created. The
only way possible for relieving such
condition of affairs Is to move the
products of the country, the wheat,
cotton, iron, steel-in fact, all mer-
chandise, to the markets Of the world,
In order to realize their values, there
by relieving the stringency and re-
storing normal condition Of affairs.
In the hands Of the producers these
commodities must be paid for in mon
ey. The field hand. the factory hand
and labor generally must be paid in
money. Actual currency must per-
form this function. We have had
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

@E$ HE UNITED STATES should
profit by the experience and
copy the example of Ger
many and Nauthorize the
comptroller of the currency,
with the approval of the secretary Of
the treasury, to issue to banks with,
say, not less than $4,000 capital and
20 per cent surplus, emergency circu-
Iation in an amount not exceeding so
per cent Of the capital stock-the same
to be subject to a tax Of 6 per cent,
"a per cent monthly, to be paid jan
uary and July, as the present tax on
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19
Suggestions as 10 Emergency Circulation

circulation Is now paid. The govern
ment, issuing the circulation, would
know the exact amount of each banks
outstanding circulation in excess of
bond security. The 6 per cent tax
would induce the retirement Of such
circulation at the earliest moment
consistent with the public welfare
retirement to be made by deposit of
lawful money, as now provided by
law. The comptroller of the currency
should have the right to withhold cir
culation from any bank, and also the
power to direct the retirement of
emergency circulation at any time.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

Let the government redeem this emer-
gency currency and have prior lien
upon assets to secure reimbursement,
as now provided by law. Instead of
setting apart portion of the banks
assets, as in the case Of clearing house
certificates, give prior lien upon all.
The statistical history of the nation
al banks for thirty-eight years proves
conclusively that such a currency
would be safe. The loss to the gov
eminent on account Of such redemp-
lions would be very slight, If any, and
would be many times covered by the 6
per cent tax imposed. An annual tax
OF three-eighths Of per cent imposed
upon outstanding circulation would
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19
T THIS time, while our naval
maneuvers are attracting so
much attention, it is peril

- maneuVerS are attracting so
AA much attention, it is peril
g nent to point out that it is
commonly but mistakenly, supposed
that the present necessity for naval en-
largement rests upon the acquisition Of
the oversee territories by the United
States, as a consequence of the war
with Spain. The mistake is natural,
for undoubtedly the war convinced our
people of the advantage the ne
cessity-of a great navy, and so led to
the increase we are Witnessing; but the
necessity was approaching unobserved,
and would have come upon US I'M
awares and unprepared, but for the
fortunate intervention of the war, and
its demonstration of the usefulness of
navies.
We have the highest military a'%thor-
ity for saying that the most and only
sure form Of defense is to take the Of
fensive, or at least to be evidently
ready so to do at brief notice. The
navy is essentially and pre- eminently
a force that thus acts, in virtue Of the
mobility which is it's prime quality;
and it is scarcely necessary to argue
that the more widespread the interests
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-19

" Rg ANY of the strongest men
N in the United States
government are dissatis
- fed with the treaty with
The age-herald., 1902-01-26

Every form of PRIVATE DISEASE. Deformity and Lack of Development. Weakness, etc, etc, cured by the best approved of latest modern methods.
 All condolences held inviolate.
 Consultations at office or by mail in vfted without charge.
 Treatment by mall for those who can not visit me.
 No written prescriptions-I furnish All medicines.
 Question blanks for man or woman sent free on application.
 DR. DOZIER is a graduate in every branch of medical and surgical science has twenty-five years experience, na- ffonal regulations. and is endorsed by the press. national banks and thousands of patrons as the most expert and reliable snecialist in the South.
 Montgomery Advertiser: Dr. Dozier is endorsed by the press and people of every section of Alabama.
 The Southern Odd r'ellow: We cannot add anything to the reputation Dr. O. T. Dozfer has already acquired An the line of his profession, but we know him to he a brother Odd Fellow that can be relied on to carry out every promise he makes I'd those needing his services.
 Masonic Guide: Dr. Dozier comes from a family of prominent physicians, and xytth his full store of medical knowledge and his large experience in his profession. can be relied on to treat disease in the most successful manner.
 Age-Herald: His long record and ap- proved abilities entitleN him to the proud distinction of standing at the head of his nrofessions {.
The age-herald., 1902-01-26

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 Fruit trees; 20th street, north, 18th av
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 on 2Oth street, South Highlands. This is
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 $700-Lot 50x14; 3-room house; new pam
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 $55O-Lot 5Ox175; -17th. street l2th avenue,
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