The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-08-16
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Among the. events Of the week past mono
letter Of the President to Governor Dur
D,n 3, ss, gSAp q Is yns
sa fayss Ss Viii ri sn "a
dressed The t q 1nfons y
w% With resolutions called on him, dc Presl,,
dent to take some acton g sinp p naa
a ia tb us"u ,isSai crinie tbs Presldent gave
| tho negro race some very good advice
SPOKE Of ire helnousness and the horror
Of the crime for. which meinbers q that
race are lynched In the soutn me "a.
the tho Same that this paper has time and
race BY lhe comiisns,o th Q, TN tho a.
f fEnrstor rSa' CnEh tri 10 be more &
slinpross IT and moro eager to 8. 'show
horror at the comm,ss,SIn - s nln
crime nn1 sno oyarv 90 n6ps si ,ncastre
e or 10 Immediate Justice Tho Pres.
qe1t MT nn9w 1u reht to to the
as We ali know 81 ths South, th i TN, tho
negroes conduct Invariably goes 70 SNOW
patty with the brutal outrager than with
| his Victim, or with the law provided Tor
his punishment, There are honorable ex-
stated It. This Is ,,nquestlonably one OF
tho hggrnvating causes. for the lynchers.
| activity when tho horrible crme OF assault
hope the Presidents letter and advice
may do much good along this very line.
The bold speech Of John Temple eray ~.
| same subject, has been commented upon
| BY every paper Of any prominence N the
country ana while many II the Nops
| of mob law and Of lynchlng." they all
agree that he has, treated tho commits
| sion OF the usual crime as 1t should nave
| eyes OF Northern writer's and thinkers 10
| the enormty and frequency OF the crime
| in way that they have never before
many OF them endorse or comment with
unlocked for mldness on the drastic rem
edles iMr: Graves suggested; For IN
stance. Mr. Graves showed e t N, ~ whlle s
| preventive for others It does not roach
| tho brutal negro He held that the negro
must be punished in !. way that at, VIII
the Same time viii be an actual deter.
ront to further commission OF the usual
crime" That way. Mr.. Graves declared.
Southern man to say in New York, wasn't
it.? But tho Brooklyn Eagle endorses 1t,
and says:
mont is a rcversion from, the whole ten
dency Of criminal legislation, which Is
toward reform rather than punishment;
eauG9tHn ana sppuha n eaae ans Is
| desperate. II is not the negro alone WHO
Is tho offender against the law: It is the
people who break their own law that they
may revenge themselves on ono who has
otherwise broken It. Lynching has In
creased appallirgly. Tho proposed pun
ishment may prove a curative OF the
the negroes. and terror Is better than
burning and shooting and hanging. so
that It is effective in prevention. II the
oreh and K buict Of the Yo MOB tHen In
applied
| as he has and that Northern papers are
| speaking Of both efforts as they are.
Somehow the negro has always had an
whites he has the approval and the sym
pathy OF the North. Tho Presidents let
| ter on lynchng and the comments OF the
| we'll calculated to convince Mr.. Negro
| of his error In this respect.
Information reaches the soyrnment at
up on their lands in the, Philippines, Just
doubled tho price. and soenly swear ssa
they VII! not take ssnt lie less than s1e
was was: 5000 90. But now tho trlars nalvely
say that lands have Increased IN value
because OF American occupation. We
thought the late Pope Leo settled this
friar, land question, put It seems nov 1,T
to to mako second settlement or to
make tho friars stand by the old bar
gain.
Just how. It happens that more shares
OF stock In "a given corporation are
bought and sold In DAY than M Were were EYER
average layman does not understand.
This usually happens when there Is
slump and here Is the way a, writer IN
done: ~,
5000 1 Shares Of Of St. Paul and 5000 shares
e5 y sHaFes h Of
ana covered below ,49; Yoa = might ,dE con,
vestment in st. Paul or that he ha az 7
made a clear profit OF more than 100000
tuai stock behind him all tho time. Eth
err way you look at It he has offset the
STUFF. another thing you'll find is that
inside Interests. as a rule. sell other peo-
ple's{ stocks short and keep their own. Z
/ think one reason the short interest
has been SO stubborn Is that it has Elk.
listed largely againgt actual ad,1n holding :oa Of
| stocks to protect poor ones Is not always
the sacrifice operations 1t is commonly
| supposed to be-"
|, ! In this case. the man who owns tho
| stock merely bets that 1t will soon sell
at a cheaper price. and he, has no az;
flculty in finding somebody who VIII
| take and pay the bet. A little reflection
viii show that the rich owners OF railroad
| and Industrial corporation shares may
| not have 'unloaded'' at all. although thew
| have seemed to DO 'l!quidatng" at an
| enormous rate. Men who are supposed to
have suffered great losses have. In fact.
| made great gains. which will be FULLY
| realized when stocks advance IN price
| again. II the stocks foil to advance.
| they have, at any rate. protected them
| selves against loss. 81
| Mr.. Littauer does not seem to fear the
consequences OF his misdoings. Another