davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1903-06-13
FLIGHT OF MONEY.
Millions of Fictitious Values Take
Wing from Wall Street.
Brooklyn Eagle.


It would be difficult to estimate the
amount of money which has taken flight in
Wall street within a week or two The
unfortunates who hoped against hope while
their margins were disappearing, and their
name was legion, have been sold out Some
OF the giants of the street have had their
wings clipped, and a host of the smaller
fry have been crowded to the wall. Two
or three years ago It looked as though
the goose would never stop laying golden
eggs for the promoter. Practically all he
had to do was to effect a reorganization
and issue a prospectus. Forced processes
"go" in Wall street for the time being, but
nothing is surer than that the water will
percolate through to the bottom, taking
face value into no account whatever. Out
Of a hundred, a thousand. Industrial bal
looms the gas has been escaping since the
purse strings were frightened. OF course,
ruin has come to many.
There is a moral The slump Is an object
lesson in economies. 1t is the fashion to
berate the monopolist, so-called. It is also
a fact that the financial shores are strewn
with wrecks but the plain people have not
suffered Liquidation, contraction, percola-
tion, has hurt the capitalist. 1t has hurt
those who had money enough 20 buy out
right and those who had only enough to
buy on margin. Nor have some OF the
so-called monopolists escaped unscathed
themselves. The point OF the lesson In
economies is that industries are always
under fire, not from legislative, but from
what may be called natural guns. II they
are equipped for defense, for stress and
storm and competition, II they are sound
and seaworthy, they survive; otherwise
they founder. going down with or without
all hands on board. Pressure comes from
forces compared with which legislatures
lawyers, courts, officials are trifies light az
air. Corporate evils wherever they exist
have an invariable and inexorable tendency
to correct themselves. and the more ag-
gravated the evils the more remOrselesS
the tendency. To the stock speculatOr the
Eagle has no advice TO give, but to the
cool, level-headed investor who knows what
is worth having has como an opportunity
It is not a bad time TO buy-or viii not
be when Il is plain that the bottom, or 9
point near to Il, has been reached -
Omaha daily bee., 1903-06-13
Personal NOTES.

George Gould has given 5000 to the flood
relief fund of Kansas City.
The present st. Louis exhibition is the
most formidable mass of water that has
gathered there in forty-five years.
John Morley has had bestowed upon him
the honorary professorship of ancient his
tory at the English Royal academy.
German women are now warned not to
throw bouquets at the kaiser. The kaiser
is perfectl capable Of throwing bouquets at
himself. as .-.. r-
President Dlaz of Mexico has Inaugu-
rated the work upon the Pantheon which
is intended to be monument to the illus
trious men of his country.
Major J. E. Burke, the blacksmith. who
was recently declared mayor of Burlington
by the Vermont supreme court upon a re-
count of ballots, has began his reform
administration by discharging the chief of
police and assuming charge himself.
Judge Edward b. Thomas of the United
States circuit court claims to have a friend
who is the worst henpecked man he ever
knew. On a recent occasion an agent for a
phonograph company dropped into the
friends Office and inquired II he had a
talking machine at home. yep" was the
reply. And may ask of what company
you bought it?" persisted the agent.
Didn't buy it; married it."
Bishop Coleman of Delaware at the
annual convention of the Protestant
Episcopal diocese. of Delaware assailed cor
ruption in the state and said. "A man
must be made to feel that what he would
be afraid and ashamed to do in his own
social relations he is to be equally ashamed
to do in politics. He is not to be allowed
to use his church membership as a cloak
under whose protecting folds he may be
guilty Of all manner OF deceit and fraud" "
Omaha daily bee., 1903-06-13
PITFALLS OF THE LAW.
Traps Set by Lawyers Around the
Throne of Justice.

Traps Set by Lawyers Around the
Throne of Justice.
Saturday Evening Post
In his will Washington provides for the
settlement Of a contest IF unhappily any
should arise" by three arbitrators. and
says that they
Shall, unfettered by law or legal con-
structions, declare their sense of the tes-
tator's intention"
Thus, even In washington's day, there
was among men of sense and experience a
strong aversion to courts and to lawyers
in cases where justice was wanted. And
this aversion was never so strong as at
the present time when the lawyers have
had another hundred years in which to set
traps and dig pitfalls all round the throne
of Justice, and to erect toll-gates at every
avenue leading to it. Yet the whole reason
for the existence of court law-and lawyer
is that justice may be had by all, espe-
cially by the many-the poor and the
humble.
Our courts, our judges, are in the main
sound and just. The trouble is with the
lawyers and the lawyer-made laws. In a
day when might employs a lawyer perma-
nently at a large salary as soon as he
shows more than ordinary talent, is 1t
likely that legislatures filed with lawyers
will move effectively to right the wrong?
Omaha daily bee., 1903-06-13
WISHING.



or all amusements for the mind -
From logic down to fishing,
There isn't one. that you can hnq'
So very cheap as wishing.
very choice diversion, too, ..
If we but rightly use II,
And not as we are apt to DO,
Pervert 1t and abuse 1t.
1 wish-a common wish. indeed
Ny purse were somewhat latter,
That l might cheer the child OF need,
And not my pride to hatter;
That might make Oppression reel,
AS only gold can make II, A
And break the Tyrants rod OF steel, -
AS only gold can break It. '..
1 w.sh-that Sympathy and Love,
And every human passion
That had it's origin above
Would come and keep In f9shioni
That Scorn and Jealousy and Hate -
And every base emotion
Were buried fifty fathoms deep gII ~.
Beneath the waves of Ocean. s'
I wish-that friends were always true.
And motives always pure;
/ wish the good were not so feW' -..
l wish the bad were fewer;
1 wish that parsons ne'er forgot
TO heed their pious teachlng'
1 wish that practicing were not
So different from preaching
1 wish-that modest worth. might be
Appraised with truth and candor'
/ wish that innocence were free
From treachery and slander;
I wish that men their vows would mindi
That women ne,er were royers'l rover l,,rd
I wish that wives were always Klnu'
And husbands always lovers!
I wish-in fine-that Joy and Mirth,
And every good Ideal, -.
May come erewhile, throughout the earth,
To be the glorious Real;
TIL God shall every creature creature, oless
And Hope be lost in Happiness
And wishing in Possessing!
Omaha daily bee., 1903-06-13
IGNORANT AND STUPID"
Hard Coal Trusters Denounced BE-
cause ''rhey Kept Prices Down."
Chicago Inter Ocean.

cause ''rhey Kept Prices Down."
Chicago Inter Ocean.
Robert NJ. olyphant. former president of
the Delaware & Hudson railway, a member
of the Hard Coal trust made an interest
ing confession on Monday before the Inter-
state Commerce commission.
"In the whole history of commerce." he
remarked, there never was anything 30
ignorant and stupid as the way the GOAL
business has been conducted, considering
the usefulness and necessity of coal and
its limited supply" ~
Mr.. Olyphsnt was defending the increase
in the price Of hard coal and accusing the
operators Of ignorance and stupidity in not
getting higher price, I'VE could get-a.
higher price," he added, "if we asked
for It," q
However, MI. ELEPHANTS charge against
the hard coal operators of ignorance and
stupidity is true in a sense far broader
than he intended1-in fact, in the broadest
possible sense, as his own comment shows.
Here is set of men whom the govern
ment has permitted, on the theory that
such permission was best for the public
interests, to own privately a necessary
natural product-an enormously valuable
part OF the public wealth.
Now, the assumption in permitting pri-
vate ownership of such product is that
1t will be handled advantageously for the
public. In America the government always
has proceeded on this assumption, though
in Europe the rule has been the opposite.
Yet we find the hard coal operators-the
private owners-forgetting all about the
condition of their existence constantly
shirking their responsibility to the public
which created them, thinking only of how
hard they can squeeze the public, and
accusing one another of ignorance and
stupidity because the squeeze has not been
made tighter.
For commercial and every other kind of
ignorance and stupidity the hard coal op-
orators are indeed, as Robert NJ. Olyphant
confesses, about the most ignorant and
stupid set Of men known TO modern In
dustry.
Omaha daily bee., 1903-06-13

1t wouldn't be bad idea either for
the same committee that is investigating
city hall 'sinecures for the Real Estate
exchange to look into the soft snaps
under the county officers and county
board across the street. Salaries paid
TO useless county officials come out of
the pockets of the same taxpayers as
salaries paid to unnecessary city en-
2loyeG %. es A.,
Omaha daily bee., 1903-06-13

rine. But so great is the diversity Of
opinion as to measures fer accomplish
ing this that there seems at present
little prospect Of any legislation for the
attainment Of the desired end. Hos
tility to a subsidy policy is doubtless
as strong today as it has ever been,
while the idea Of restoring the old pol
icy, instituted at the beginning Of the
government and which Senator Elkins
Of West Virginia has announced he
will urge in the next congress, Of dis
eliminating duties upon imports in
American vessels, has few supporters.
1t is a question which the Fifty-elghth
congress should make an earnest effort
to determine.
Omaha daily bee., 1903-06-13
suitable western Timber.
St. Louis Globe-Democrat.

The latest good western man who has
been mentioned for the second place on the
republican ticket of 1904 is Judge Taft.
This would be an excellent selection. The
fact that good men are mentioned in nearly
every western state in connection with the
candidacy shows that the convention can
not go astray in the matter of the selec-
tion. AS the first place on the ticket has
been pre-empted, the republicans OF the
country have a year in which 20 make up
their minds as to the man who ought TO be
put up for vice president. This Is a fortu-
nate situation for the party and also for
the country.
Omaha daily bee., 1903-06-13
FOR A MERCHANT MARINE.

Discussion of measures for the build
ing up Of an American merchant marine
for the foreign carrying trade will un-
doubtedly be renewed in the next con-
gress. Meanwhile those interested In
the subject will take steps to have the
matter presented to congress and TO
bring pressure to bear in behalf Of Iegis-
lation. At a recent meeting the New
York Board of Trade and Transporta-
ton authorized it's president to appoint
committee to lay the subject of Amer
lean shipping in the foreign trade before
commercial associations, labor assOcia-
tons and all interests concerned in the
increase OF our deep sea tonnage; also
inviting the press of the country to help
in ascertaining and recording public
opinion as to the best means by which
our shipping may be built up.
The importance of the question is
very generally recognized. No one who
has given it intelligent consideration
can doubt that the maintenance and
extension of our foreign trade is in nc
small degree dependent upon the build
ing up Of an American merchant ma
Omaha daily bee., 1903-06-13
PeriIs of the savant.
Chicago Chronicle.

Chicago Chronicle.
Another investigating scientist has ac-
quired large quantities of information re-
specting the bacillus of bubonic plague by
squirting at it through a microscope, but
his information is unfortunately unavail-
able because he became deceased imme-
diately after establishing intimate relations
with the bug. This appears to be the
drawback to all such Investigations. The
savant no sooner gets we'll acquainted with
the bacillus than the bacillus ungratefully
turns in and kills him
Omaha daily bee., 1903-06-13
The Flag and It's Day.

New York Sun.
The government flies the Stars and Stripes
on Sunday as on other days; consequently
Old Glory should be hoisted next Sunday.
AS in the case of any celebration which
falls on Sunday the popular habit is to
observe It on the Monday following, put
the flag up on that particular Monday and
Join the crowd in making the day appro-
prlately festall
Again, as some people are sure to cele-
brate Flag day on the previous Saturday,
that day being somewhat In the nature of
a holiday anyway. they too should be SYM
pathized with and the flag should be flown
on Saturday.
Every day of every other week is also q
good time to display the national flag.
Long and often may It be waved!
Omaha daily bee., 1903-06-13

Nebraska will get nearly $4,000 out
Of the first apportionment of money ap-
propriated TO equip the national guard
on the same basis as the regular army.
This is $1,000 less than Iowa gets, but
5000 more than the share allotted to
Kansas, Compared with surrounding
states, it looks as If Nebraska were be-
ing given a fair deal.
Omaha daily bee., 1903-06-13

Jim Hill's scheme for an air line to
the gulf is not the first project Of its
kind All the former attempts, how
ever, have foundered on the fact that
the shipment Of corn and wheat from
the gulf ports would leave the rolling
stock to be taken back as "empties. "
II the time has come when the traffic
would support a haul both coming and
going, it is Jim Hills luck and may
enable him to carry his scheme through,
Omaha daily bee., 1903-06-13

Among other legacies left to Kansas
City and the overfiowed districts by the
floods will be an immense amount Of
litigation to determine upon whom the
loss inflicted shall fall. When goods
in transit are destroyed or damaged by
water, every one is eager to throw the
ownership upon some one else. 1t will
keep judges and juries busy for some
time determining in whom the title to
the destroyed property rests.
Omaha daily bee., 1903-06-13
The specter of. Europe.
BALTIMORE American.

Baltimore American
The outlook in the Balkans is reported
to be better. The Balkan outlook has taken
the same relation in reference to current
events as the moving picture bears to the
summer show. No matter what the pro-
gram, the Balkan outlook invariably brings
I'M the rear
Omaha daily bee., 1903-06-13

This is the time the tax committee of
the Real Estate exchange should get
busy with the county assessment, which
will certainly bear Improvement. 1t is
just as important for the county tax list
to be equitable as it is for the city tax
list. The campaign for equal taxation
must be waged in the county court
house as well as in the city hall.
Omaha daily bee., 1903-06-13

In view of the experience so fur with
the amendments tackled onto the charter
by the Douglas delegation to the late
Legislature, the best thing that could
happen to the city for the slmplitication
Of municipal government would be to
have the whole charter amendment bill
knocked out By the courts on some
ground Of unconstitutionality.
Omaha daily bee., 1903-06-13

1t is announced that the Standard OIL
company has decided to cease its efforts
TO break into the Roumanian oil fields
on account of the government opposition
IL has developed. People conversant
with the tactics of the Standard Oil con-
cern would advise the Roumanians to
be on their guard.
Omaha daily bee., 1903-06-13

Lady Henry Somerset has been re-
elected president of the Worlds Wom-
EMS Christian Temperance union. As
long as Lady Henry is willing to foot
the bills she can have the honor.
Omaha daily bee., 1903-06-13

Pension Commissioner Ware, who
halls from Kansas, and was penned in
the flooded district near Topeka two
weeks ago, issued the following order
over his official signature Immediately
upon his return to New York: 1T is
reported that a subscription paper is
being circulated in the pension bureau
for the Kansas food sufferers. Let 1t
Omaha daily bee., 1903-06-13

The railroad passenger agents are
again engaged in the commendable
effort of persuading people that it is
cheaper to travel than to stay at home
for vacation.
Omaha daily bee., 1903-06-13
wonders wrought on Paper.

NIUNNIdfIIU AEVtEEVIs
At present Inventor Bell seems to lead
all his competitors in aerial navigation-on
paper. He has secured a name for his flyer
that seems sufficiently mysterious and he
appears to meet every theory that has been
advanced and go 1t something better. But
he hasn't done any flying yet
Omaha daily bee., 1903-06-13

The tourist who was robbed of $4,000
while crossing the ocean will get little
sympathy. He ought to know better
than to carry his wealth in a form that
allows other people to realize on it.
Omaha daily bee., 1903-06-13

If all the power canal projects 'sure
to be built" materialize, Omaha will
have power to burn. Most Of us, how
ever, are from Missouri on the power
plant proposition.
Omaha daily bee., 1903-06-13

Whenever The Omaha Bee hits the
senior fakery blow between the eyes
1t exclaims, "Mr. Rosewater is mad,
that's very evident"
Omaha daily bee., 1903-06-13

If the council and the Board of Public
Works can get together on appoint
ments, so can the council and the
Omaha daily bee., 1903-06-13

When the new Powder trust busts,
watch out for an explosion.
Omaha daily bee., 1903-06-13

The greatest need of American work
ingmen is honest leadership.
Omaha daily bee., 1903-06-13

Some men have royalty thrust upon
them. King Karageorgevitch belongs to
that class.
Omaha daily bee., 1903-06-13

Omaha has had all the experience it
wants with pavements that are cheap
in quality as well as price.
Omaha daily bee., 1903-06-13

Now, what do you suppose ever induced
him to write a book like that2"
"Perhaps-its a mere supposltion Of
course, but perhaps he needed the money"
CHICAGO Post.
Omaha daily bee., 1903-06-13

The motto, "Sic semper tyrannls,"
seems to have been resurrected over in
Servia.'
Omaha daily bee., 1903-06-13

Judge Hook got his hook on that cir
cult judgeship first.
Omaha daily bee., 1903-06-13

How was Ethelinda's graduation essay2'
Beautiful" answered the proud mother.
1--WE spared no expense in ribbons to bind
1t, and 1 have no hesitation in saying 4
was the most becoming essay in the class"
Star.
Omaha daily bee., 1903-06-13

Hicks-Bjohnson says his hens have all
stopped laying suddenly.
Wicks-How does he account for it2
Hicks-Well, he found out on inquiry that
the supply Of wheat gave out yesterday,
and his wife fed the hens on q lot OF
breakfast food.-Somerville Journal.
Omaha daily bee., 1903-06-13

Little willie-say, pa, what is expert
ence?
Pa-ExperienUe, my son, is the headache
a man acquires from butting in.-Chicag0
News.
Omaha daily bee., 1903-06-13

Bjohnson-wrn you lend me your lawn
mower2
Bjackson-Yes, II you'll cut my grass to
pay for the use of it.-Somerville Journal.
Omaha daily bee., 1903-06-13

A few days ago Policeman Goodrich
tried to arrest q man whom he believed
to be either beggar or vagrant. The
man started to run away and the po-
licemen fred three shots, one of which
entered the back Of the man, inficting
mortal wound, from which he died
the following day. 1t is said the dead
man was recognized by the sheriff of a
neighbOring county as a criminal who
had served a term in the penitentiary
for grand larceny. That fact however,
offers no justification in law, or in
morals, for the taking of his life by a
peace officer. A policeman has no right
to shoot anybody merely on suspicion
that he is a beggar, or even with full
knowledge that the man is an ex-con-
Wet. 1t is manifestly the duty of the
county attorney to proceed against
Goodrich the same as If he had killed
man who had never seen the inside
Of a penitentiary and to vindicate the
majesty Of the law under whose protec-
ton the life of the vilest criminal is
just as sacred as the life of the most
honorable and law-abiding citizen.
Omaha daily bee., 1903-06-13

Here the eminent statesman who was die
tating the particulars OF his early career
to the reporter paused for n moment
This will be the place, think he said
ito insert the statement that 1 don't like
Omaha daily bee., 1903-06-13

The Chicago Board of Education at
its meeting last Wednesday adopted
resolutions declining to permit the
Woman's club to take up collection in
the public schools to defray the ex-
penses of maintaining summer vacation
schools. The boards adverse action
was prompted by its desire to establish
a precedent against permitting collec-
tions being made from pupils under any
pretext even when the object was a
worthy one. The opponents of the "in-
voluntary contribution" took the ground
that it was a wrong principle to permit
collections in public schools owing to
the fact that 'the poorer children are
embarrassed by their inability to con-
tribute as much as the children coming
from the more prosperous homes" The
principle enunciated at Chicago is
sound and applies with equal force to
Omaha whether the contributions are
compulsory or voluntary.
Omaha daily bee., 1903-06-13
STATEMENT OF CIRCULATION.

oAA LfnhNL W NAANS A~4h
State of Nebraska, Douglas County, ss.
George b. Tzschuck, secretary OF The bee
Publishing Company, being duly sworn:
says that the actual number OF tull anu
complete copies of The Daily. Morning,
Evening and Sunday Bee printed during the
Tnopth ~ Nav 1909 follows:
Omaha daily bee., 1903-06-13

to talk about myself, and that metftien
these facts with evident reluctance. Gill
cago Tribune.
Omaha daily bee., 1903-06-13

Among the ancient buildings at Vienna
now undergoing demolition, Is the once
famous ball house or racquet court at
tached to the Hofburg. Ball playing with
racquets was introduced by Ferdinand /,
who brought 1t from Spain. An official
master of the court was appointed, and by
degrees four others were built for the pub
lie in various parts OF the city. The one at
the Burg was burned down in 1925, a fact
noticed in the Burg archives. Upon the
same spot a larger one was built, to which
the court passed through a curious covered
bridge, built across the public street, which
will now also be abolished.
AS the fashion for ball playing died out
the court lay neglected for a century, until
the Archduke Rainer, after his visit to
London in 1862 to the South Kensington
museum. proposed that the ancient building
should be temporarily used as a museum
until a new one could be built The EN-
peror agreed. and the ball house served
this purpose until 1su. The old edifce. Ill
according with the restored Hofburg, will
shortly be leveled with the ground.
Omaha daily bee., 1903-06-13

be discontinued Kansas can take care
of its sufferers"
Omaha daily bee., 1903-06-13

Mrs. Gwem-How does it happen that you
are out of work?
Dusty Rhodes-I belonged to dc labor
union; den 1 Joined de Employers union,
and I'm out on strike against meself both
ways.-New York Sun.
Omaha daily bee., 1903-06-13
FLASHES OF FUN.

How did you come out with your law
suit?'
IT won It,"
"Get damages2"
Sure. I got almost enough to pay my
awyer."-Cleveland Plain Dealer.
Omaha daily bee., 1903-06-13
TIE OMAHA DAILY BEE
Z. RosEwATER. EDITOR.
TERMs on srRsCRlPTION.

PUBLISHED EVERY MORNING.