davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1902-08-31
A Reasonable Profit.

NO. Let man be satisfied with rea-
sonable profit, unless he has certainty.
Other chances will come along. l had
10 wait a long time for mine. but it
came. 1t comes to all men If they will
watch
do you mean, NJ. Phillips, that there
is reasonably safe chance for man Of
small means to make money by specu-
lating in wheat?''
Yes" said the Westener after mo-
ment's thought. II did it. Why not
others? l used 20 work for 500 a month.
l saved my money. When I had a
couple of hundred dollars to spare I
bought wheat. Several times l failed
to make money, but it came at last. /
made S4,jOO in a rush. and then l be-
gan to operate. It's great thing.
wheat. You are not buying stocks
loaded to the Plimsoll line with water
You are buying the salt of the earth.
You can eat it. Hang IT, man. you've
got TO eat it,
The Washington times., 1902-08-31
Show by Statistics.

Referring to Who's Who in Ameri-
ca volume that contains the names
of l,551 persons who have risen to
places of prominence and power in the
United States, some very interesting
statistics in regard to their education
can be found. OF the whole number in
the work. $3.50 have furnished informa-
tion in regard to their schooling. OF
The Washington times., 1902-08-31

Here the operators hand fell on the
table with a crash that showed the ne
cessity for the solidity of the furniture
that adorned the place. His eyes
flashed His manner was that of man
intensely engrossed in his subject
The Washington times., 1902-08-31

That's my advice. Buy it now. It's
cheap
And at 50 cents?"
1T won't be dear. II will go higher
than that most likely, but man who
buys now can make money by selling
at So
Would you advise holding on after
so >,
The Washington times., 1902-08-31

that number 4,521 are graduates OF uni
versities and colleges comforting bacca-
laureate degrees in letters, science, or
philosophy. In addition to those who
graduated. 965 attended like schools but
were not graduated: $50 closed their
scholastic careers in academies. semina-
ries. and other institutions of a secon-
Diary grade, 2s2 were privately educated
and 2t we're elf-taught.
The Washington times., 1902-08-31

ough instruction and practical training
in whatever branch of industry they may
choose TO follow. Schools for this pur-
The Washington times., 1902-08-31

there should be established a workshop
for commercial production. a workshop
into which the school could graduate.
The Washington times., 1902-08-31
Practical Training Needed.

Agricultural colleges and business
colleges are good so far as they go. but
they should be multiplied in number
many times over, and the course of study
should be more comprehensive and prac-
teal
Every young man and young woman
should have opportunity to obtain thor
The Washington times., 1902-08-31
Modern College Education Inadequate.

THE modern college education is well
enough for graduates intending to enter
professional pursuits or for persons of
leisure but it is not the kind OF train
ing required by those VINO must enter
upon an Industrial career.
THE conditions found in practical
business life are far different from those
Of the artificial community in which
the college student lives for years prior
to his graduation. The working world
knows no privileged class.
Not 3 per cent Of the number OF those
engaged in the practical affairs OF life
are college graduates. Leaving the mod
ern colleges to the patronage of those
who can afford to attend them. tech
biological and manual training schools
should be universally established for the
benefit Of those who must enter upon
Industrial Dursuits
The Washington times., 1902-08-31

of the University of Chicago. 1t has
been noted as striking that the proposal
for a radical movement should emanate
from one of the faculty of such a large
and aristocratic institution.
Briefly stated, Prof. Triggs' arguments
for reform are based upon the fact, as
stated by him, that present college cul-
ture is derived from feudal conditions
and can be effective for individuals only
in a state of comparative idleness. But
let the professor speak for himself:
While I may not have been mis-
quoted, have been greatly misunder-
stood. would not recommend dis
pensing with the colleges Of the present
day and substituting therefor tech
biological and manual training schools.
! would have the latter in addition to
the former. for the benefit of that
class of students who need that kind
of training
The Washington times., 1902-08-31

George H. lips Asserts That Wheat VIII Reach
Eighty Cents and May Go Up to Dollar Bushel
Disapproves the Policy Of Winning Success by Driv-
ing Others to the Wal-Says Small Investors Have
Opportunity to Make Money. 4 - - y y
The Washington times., 1902-08-31

HAT. in the opinion of many.
is much-needed educational
reform has been boldly called
The Washington times., 1902-08-31

Young Manipulator Started to Play the Market When
Earning One Hundred Dollars Month--A Pecu-
liar Chap With Much Energy Displayed in His
Countenance Will Make Million on His Next
Coup and Afterward Rescue Those He Injuries. =
The Washington times., 1902-05-04

s3.25G3.30; sweets, Eastern Shore Virginia,
truck, per bbl, s3.75g4; do. flour bbl, SAG
$50; do. Maryland. per bbl. fancy. sag
4.25: do York river No. 1 per Dbl, fancy,
sS-50G4; North Carolina. per bbl. fancy.
S3-50a4; yams. North Carolina, per bbl.
s3d35O.
Poultry-Market steady Old fowls. 12g
12Isc; spring chickens. to IL lbs, 300
35c: winter chickens. 1sG22c apiece;
ducks. 10G101sc; ROSTERS, each. 25a30c.
Green coffee-Market steady. No. Z
tRio grade), SIC.
Roasted coffee-Market steady. Bulk
roasted coffee-Pure Java, 32c; Maracai-
bo. 22c; pure Laguayra. 22c; pure Santos,
1sl4c; African Java. 19hc; Rio blend.
17izc; Peabody mixture, lie; pure Mocha,
30c; Java Mocha blend. 27Rc. CThese cof-
fees are in fancy bags. paper lined. II
packed in cans or tubs. &c higher.)
Package brands-E. L. c., 100-lb cases,
10tsc; 6O-lb cases. 10 6-10c; 3s-Ib cases,
10 7-1Oc; Lion coffee. in 100-lb lots. 1O1sc;
in 60-lb lots. loose.
Co:ton-The local market was steady;
middling sac; strictly low middling. CSC;
low midding. 9Ihc. Stock. 1888 bales.
The Washington times., 1902-05-04

THE District has not and will never
have any manufactures. Congress would
not permit it to become a manufacturing
city. The only busiress enterprises.
practically. are the retail stores. The tax
problem for such a city is not and can
never be the same as that OF great
business center. A heavy personal tax
will drive away the rich people that
spend the money here that they save
elsewhere. This will rob the city Of its
one source of income outside of the sal
aries paid to the Government clerks.
A Tax on Honesty.
"a personal tax of the inquisitorial
character always has proven tax on
honesty. 1t has never been a good means
of raising revenue from a practical view
point. because 1t easily evaded. 1t Is
an iniquitous plan because it taxes the
honest man and does not tax the nine
teen out Of twenty people who are will
Ing to deceive the tax collector in whole
or In part
The Washington times., 1902-05-04
PRICES CURRENT IN
BALTIMORE MARKETS
Wholesale Provision and Grain Quota
tions Revised, and Brought Up
tS Date.

BALTIMORE. May 3.-Following are
today's quotations In the local wholesale
provision and grain markets:
Flour-The market was steady. Winter
Extra. s3.1Od3.40: Winter Clear $3.5O@
s.75; Winter Straight 33.75d3.s5; Winter
Patent. $3.90q4.l5. Spring Clear. s3.15G
S.35; Spring Straight, $3.S0q4,0o; Spring
Patent. s4.O0G4.25i City Mills Best Pat
ent. $3.50; City Mills High Grade Patent.
$i.70: City Mills High Grade Straight,
$3.50; City Mills Choice Family, $4.05;
City Mills Super. $3.0043.10; Rio Extra,
$5.90G4.15: rye -four, medium to choice,
$3.2093.5O.
oats-Market firm. Stock in elevators.
S9,Si2 bus; white. No. 2. 50q5Ol.c; No. 8.
4eild50c; No. 4. 4sisg4 49c; mixed No. 2.
4s9iskc; No. 3. 4?Gi7kc; white No. 2
clipped. 50G50lac.
Rye-Market was quiet Stock in ele-
vators. 35.319 bus; No. 2 spot In carlots,
60d61c: No. 3 rye. CSC; No. 4 rye, $50
5S5ac: No. Western rye, 62962hc, in
export elevators.
Hay-Market is steady. No. timothy.
large bales. $15.50; do small. $3.50; No.
2 timothy, $14.50G 1900; No. timothy.
$I2-50913.00; No. clover. mixed. $12509
1900: No. 2 clover mixed. $11.0Od12. 90;
No. clover. $11.50d LOO; No. 2 clover.
$10.00011.00; no grade hay tunsound. mus
ty. stained. etc.). $500 to 1000.
Straw-Market was quiet. No. 1 straight
rye. s11.50G1200: wheat S6.0oq7.00; oat
straw. common to prime. $9.oo910.00.
Mill fead-Msrket was atsah<- Wj-tar
The Washington times., 1902-05-04

for 1t and that should be amended In a
number of particulars in which it is radi-
cally at fault. The House proposition
would be confscation in many instances.
II would cut the dividends of stockholders
in half IL 1t did not eliminate them en-
tirely. The Senate bill is not SO drastic,
but it. too. would be great and unneces-
sary hardship.
The Capital City Of the nation. with
the Congress for it's Legislature, should
have the best laws, the best taxation laws
in the country. because the best lawmak-
ers in the country are sent here. Instead
of this there is apparently tendency to
fix on the District some Of the worst laws
in the country, because they are in force
elsewhere.
''It is no more right to say that the
District should have an inquisitorial per-
sonal tax law because some other locality
has one than 1t is to say that the theatcrs
and barrooms should be allowed to run
full blast on Sunday. because some West
ern city allows unlimited license in this
regard.
The Washington times., 1902-05-04
WAVE OF LIQUIDATION
SWEEPS COTTON MARKET
New York, New Orleans, and
Liverpool Sell.
Closing Made With Figures From Five
to Seventeen Points Lower
Than Friday.

NEW YORK, May "A wave of Iiqui-
dation again swept Gotten to a lower
level. not only here but in Liverpool and
New Orleans. There is an idea among
some that New Orleans bulls are selling
out part of their holdings in Liverpool.
Crop news was generally favorable
though in parts of the cotton Sec
tion today's rain is needed. The de-
cline caught stop orders both here and
abroad, and was also accelerated in q
measure by short selling.
The Houston estimate was rather small,
but the port receipts were not. and the
movements into sight this week is ex-
pected to be as large as last year.
The market closed steady. with quota
tions to II points lower. as compared
with yesterdays closing prices.
The Washington times., 1902-05-04
SENATE BILL MUCH PREFERABLE
Mcmillan Plan Also Objec-
tionable, However.
SCHEME A TAX UPON HONESTY
Instead of Making Washington Model
City, Legislators Seem Determined to
Give It Worst Features of the State
Laws.

The opinion OF Mr.. John Joy Edison on
any business or financial subject, or on
any question OF taxation in the District,
is entitled to the most careful cOnsidera-
tion. He is one of the most successful of
local business men, a self-made man
whose business talent has given him a
commanding position in the world of busi-
ness. He is financier of recognized sue
cess, the president OF the Washington
Loan and Trust Company. which has
grown rapidly into a commanding position
OF wealth and handsome prosperity. And
finally, as an influential member of the
Board of Trade for ten years. a student
OF taxation for the organization. and more
recently one of its most successful presi
dents, he has acquired an accurate and
important knowledge Of the taxation prob
lem as it affects the District which is.
perhaps, second to that of no other man
in Washington, in Congress or out
Mr.. Edison is positively and radically
opposed to the personal tax legislation
that has passed the House of Represen-
tatives during the past week. He does
not believe that theoretically the Dis
trict should have any personal tax, but
does not at this time oppose a law i'm
posing such a tax, II It Is carefully con-
sidered and freed from many OF the fea-
lures of the House plan that he consid-
ers most objectionable.
Mr.. Edison said yesterday to a reporter
for The Times: o-
Worse Than Five Years Hard Times.
'Tf the old personal tax law brought
to light by the House is revived it will
work the ruin of business Washington. 1t
will be blow worse than five years OF
hard times. II should be killed quickly
and past resurrection.
THE Senate bill should be substituted
The Washington times., 1902-05-04
WHEAT PRICES BREAK,
CARRYING down CORN
Both Close u der Previous
Nights Figur S.
Provision Market Shows Absence of Or
ders, But Traders Give Support,
Advancing Prices.

CHICAGO. May 3.-wheat, during the
early part of the session, ruled firm.
owing to higher cables from abroad and
absence of rain over night in Kansas,
but later in the day became weak on
selling by longs. on reports Of rain in
Kansas. Prices sharply broke 1hc from
highest point and market closed weak.
isc lower than last night. Liverpool re-
ported their market firm. Continental
markets we're steady.
Good Demand for Cash.
Receipts at Chicago and the Northwest
were 2ss cars, compared with 1856 last
week and 233 cars last year. There was
good demand for cash wheat here by
local millers and some direct export busi-
ness was reported. Trade was fairly
large all day.
Corn, after declining early owing to
favorable weather and somewhat larger
country offerings, later rallied on cover
ing by shorts, but toward the end. OF the
session became weak in sympathy with
wheat and closed 5sG2a lower than last
night. The cash demand was better For
eign markets were quiet. Receipts at
primary points were 1000 bushels,
against $4,000 bushels last year.
Light Trade in Oats. 5t
0ats-Trade in cats was light today,
and market ruled quiet within narrow
range. and no special feature, closing
May Is. September u lower than last
night. and the July option unchanged.
Country offerings were moderate. cash
demand fairly good. Weather is general
ly favorable for the growing crop. ex-
cept in Kansas and Nebraska. Estimated
receipts for Monday, covering forty-eight
hours, 235 cars.
Provisions opened firm On unchanged
hogs, and in the absence of outside orders
ruled during the day about the dullest
We have seen for months. Traders, how
ever, supported the market and advanced
prices.
The following are the quotations.:
The Washington times., 1902-05-04
COTTON AND GRAIN.

We again call your attention 10 the -resent
money making market in Cotton: 1T AT PRES
ENT PRESENTS THE BEST BUYING OPPOR-
TUNTTY SINCE THE SUMNER OF 1870. THERE
WILL Re INSUFFICIENT COTTON To SUPPLY
THE WORLDS NECESSITIES BEFORE SUMNER
COMES. IT SHOULD BE BOUGHT IMMEDIATE
LY. WHILE GRAIN Is A PURCHASE FhOM NOW
on UPON EACH AND EVERY CONCESSION
FOR AN ACCOUNT OF SlOG OPENED WITH US
AT ANY or OUR OFFICES. WE WILL BUY
AND CARRY FOR SANE EITHER 20 SHARES
or STOCK. 2.OOD BUSHELS OF GRAIN. OR 100
BALES OF COTTON. HOLDING SANE FOR
CLIENT As LONG AS IT BE ADEQUATELY
PROTECTED, MARCINALIY. THIS ENABLES
THE CUSTOMER To SECURE THE POSSIBLE
PROFIT To BE MADE UPON AN INVESTMENT
OF FROM Sl.oD to S5.Go. THOUGH ONLY
PUTTING UP SlOO LARGER AMOUNTS so
PURCHASED AND CARRIED UPON PROPOR-
TlONAL DEPOSIT We will he pleased to mail
You upon request both i0o-page cloth bound
illustrated
The Washington times., 1902-05-04

Gross earnings OF all the railroads in the
United States. reporting for the first three
weeks OF April. are s2l .255.S57 a gain of
7.2 per cent over 1900. The increase Is
especially marked in the third week
Earnings of the Southern roads show
larger percentage OF increase over last
year than ether classes. This is rather
remarkable considering the depression
that has existed in some sections of the
South for several months, and the heavy
traffic last year. Earnings OF half a
dozen of the leading Southern systems
are included. so that the report is fairly
representative in character.
The few small Granger roads report
ing in spite OF the light grain tonnage.
show a considerable gain. Earnings of
Central Western and Southwestern roads
are also larger than last year.
on all classes of roads earnings are
very much greater than in April. 1900.
Earnings Of roads reporting for April are
compared below with last year:
The Washington times., 1902-05-04
BANK CLEARiNGS AND
RAILWAY EARNINGS
Banks More Active Than in Any Pre-
vious Month-Southern Roads
Gain 70 Per Cent.

The two single items In the business
world that more than any others are ac-
curate indexes of activity or inactivity are
railway earnings and bank clearings. The
weekly And monthly reports Of Dun & Co.
The Washington times., 1902-05-04
FINANCIAL.
"POINTS THE WAY. !"

The large advances recorded the past week for
Gilt Edged Investments, such Northwest, d.
l.. 4 W, New Haven, Pullman. Mich. Cen. and
kindred shares gives certain indication what is
ahead for the Security Markets. and points the
way most plainly for investors and spectators.
Interest rates are falling throughout the World:
they will do 50 more rapidly when gold produc-
tion again commences in South Africa. Invest
mcnt money Is accurulatng in prodigious man
ner at the Worlds various certers. THIS
SPRING AND SUMNER SHOULD WITNESS A
MADDENING SCRAMBLE To ACCUMULATE
SECURITIES. MORE MONEY WILL BE MADE
THIS YEAR THROUGH PURCHASE OF Sc
CURrrfES EITHER FOR CASH OR UPON MAR
GIN THAN IN ANY OTHER WAY WE AGAIN
URGE IMMEDIATE PURCHASES. EARLY BUY
ERS WILL SECU RI THE GREATEST PROFIT.
The Washington times., 1902-05-04
Government Bonds.
Washington Stock Exchange.

galog-cap. Traction per cent. $1,000
l0s. 5oa114ts. 50a114k. Goa soa
ll4lk; Wash Gas 35dSllz: Greene Copper
Co. 5Oa26h. IOoI27k. 10oG27h. 2oOa
2s. buyer 60. 10 27E. After call
Greene Copper Co. le0d27. seller 80.
p,-rv,r-r or f,pIIINRiA BoNDs
The Washington times., 1902-05-04

are particularly rheerful as to both bank
exchanges and railway activity. u
J. Bank, exchanges last week at all leading
cities in the United States were s.. ,i20,-
CTS. decrease of 1863 per cent compared
with last year. but an increase of 1872 per
cent over 1859. Exchanges were very
large and showed heavy settlements
through the banks at all cities.
April figures are in excess of any other
month this year. though January ex-
changes are usually the largest. The loss
compared with last year is without sig
nificance in view of the fact that enor
nous payments then due to Wall Street
transactions swelled bank payments at
New York and some other cities beyond
anything previously known
Compared with 1899, a year of excep
tional activity, bank exchanges this year
show a large gain. Average daily bank
exchanges each month this year, COM
pared with preceding years, are given be-
low:
The Washington times., 1902-05-04
Coa1ers Unaffected.

The publication in some papers of the
news made public in Wall Street on
Thursday that the recent conference be-
tween the representatives of the anthra-
cite coal producers and delegates repre-
senting the miners had proved futile ap-
peared to have no particular effect on the
market for anthracite stocks. They sold
of in common with the others at the start
and recovered with them in the fnaI deal
ings. closing fractionally higher than yes
terday.
OF the Industrial stocks, Sugar Refining
was exceptionally strong, scoring net
gain of 2ts per cent. The United States
Steel stocks, Colorado Fuel and Tennessee
Coal and Iron rallied sharply. and other
industrials that closed somewhat higher
than yesterday were American Grass
Twine. American Locomotive common, In
ternational Power. National Lead. and
Railway Steel Spring common
The Washington times., 1902-05-04
An Upward Tendency.

The local Developments this week have
made the security markets as a whole
feverish and irregular. At the same time
various groups, particularly in the rail-
way list. and more specifically Louisville
and Nashville. Northwestern issues. Long
Island. Chicago, Indianapolis and Louis
vile issues, st. Paul, Illinois Central. and
Pennsylvania. showed decided tendency
toward higher prices.
These movements can logically be re-
garded as rejecting the confidence Of both
the investing and specializing public in
the underlying conditions affecting values.
To lesser degree the same manifestation
may be found in the Industrial group.
The Washington times., 1902-05-04

HEY We make loans On furniture. pisnos.
stc-. quickly. privately. and without
-. ssmevsl D. sst Asitsts u yoV
ScI want money. = you can n,ats youR
evn tefma and us maks no unnscesr
uEY NJ eharysa Being the oldek snd
only property ofsanissd iess CON-
-, pany in the city vs can loan more
sc1 money On the ams security. give
longer tine and lower rates thaa
-. other companicA and ss guarantee
0EI a1 tsnactions strictly conhdentiai.
Rates eheszfuily givsn Private Of
1cA
H1NeToN MORTGAGE LOAN co,
Gro + Street N. ".
The Washington times., 1902-05-04
MONEY TO LOAN.
MONEY LOANED sALARIEp PEOPLE

MONEY to loan on real estate. personal prop
erty and collateral. J. c. DAVIS, JOS L St NV.
The Washington times., 1902-05-04

FIRST COOPERATIVE
I BUILDING ASSOCIATION
OF GEORGETOWN. D. c.
ESTABLISHED Iss2
$50 BUYS PAID UP SHARE.
(No monthly payments.)
$50 BUYS SPECIAL SHARE
(No monthly payments.)
Monthly payments as low &. accepted
4 PER CENT INTEREST PAID on DEPOSITS.
SUBSCRIBE now
OFFICE, COOPERATIVE BUILDING,
1323-25 32d Street n. w..
A. b. Jackson. Pres. Geo. W. King. Tre,x.
II. q. Wagner, Vice Pres. J. Barton Miller. Sec,
The Washington times., 1902-05-04
LOAN COMPANIES.

II you do call on Us.
We loan on Pianos
Furniture, etc, with
out removal and on
terms to suit your con-
venience. All dealings
quick and private.
POTOMAC GUARANTEE
LOAN Co.
Rooms "a and 70. Atlantic
Bldg. 92S-930 r 81. n. W.
Tel. Main 67s-3.
Take elevator TO 9Th floor.
The Washington times., 1902-05-04
FAKE
OIL AND MINING STOCKS.

Do you own them? Unbiased reports published
gratis to subscribers 10 "FinancilI Bulletin"
department. Of the western Oil and Mining Re.
view also the latest oil and mining news. illus.
trated. Best and ablest financial journal OF tho
West. sample copy Of May 9TH edition viii
convince you. which will contain LIST OF FAKN
AND DEFuNCT STOCKS. A postal brings freq
copy. western Oil and Mining Review" Boz
10s2. Denver. Col. II
The Washington times., 1902-05-04
EQUITABLE
COOPERATIVE
BUILDING
ASSOCIATION.

EQUITABLE BUILDING. 1908 r st. nv.
JOHN JOY EDISON, President.
A. J. SCiIAFHlRT. Vice President.
GEO. W. CASTELAR,, I'd Vice President.
FRANK =. REESIDE, Secretary.
The Washington times., 1902-05-04
An Early Break.

The accumulation of selling orders over
night. together with the desire of opera
tors TO make the most they could on the
short siGe. produced a sharp decline in
the early dealings. The depression, how
ever. was shcrt-lived- A few of the
standard stocks. notably Pennsylvania.
were strong practically from the open
ing and the entire list rallied sharply
later. There was some shading of values
after the publication of the bank state
ment. but the tone at the close was in
the main very strong.
In the majority of cases the early de-
clines were more than recovered, and a
number of stocks. notably Sugar Refin-
ing Canadian Pacific. Consolidated Gas
Detroit Southern preferred. Pennsylvania.
and Tennessee Coal and Iron, all Of
which were moderately active. closed ma
teriaily higher than last night
The bank statement was a surprise to
the Street in that IL showed an increase
in lawful money of 81. .f33. goo, whereas the
various compilations of the known move
ments of money during the week fore
shadowed loss of upward of $1,000, 900.
The net result brings the surplus reserve
down nearly 900. leaving it $500
900. In view of the extraordinary shift
ing Of money and Of loans this week the
statement cannot be regarded as an un-
favorable one
The Washington times., 1902-05-04
TRULY OUR FORTUNES

WITH We have more than We need.
WIN CAN YOU USE SoNEi VIII
GENUINE ss be-, glad ts.s t. let you have = s,ds AZ
MONEY ,; in smounts S to suit. sui, you. ~. com com
We ELL reasonable-sinee our last cue
49, not only meet but beat all
IOuI competition. Loans on per-
PurSc.... sonal notes without indorser,.
loans on Furniture. Pianos.
Personal Property, etc. (without removaD As We
do not require references. record. or publish any
OF our transactions. we are the only loan COM
pany that makes STRICTLY PRIVATE LOANS.
The old reliable
CAPITAL LOAN GUARANTEE co.
Goa Street N. W.
Phone a06 East. Corner 9th ST.