davidaulloa/AmericanStories huggingface dataset:
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17

Chicago, April 1.-two "get-rich-
quick" were raided yester-
day by Detectives Woodbridge and the
gambling detail of the chiefs office.
The concerns raided are:
Chicago Crescent company.
Chicago Mail Order union.
Star Distributors union.
Montana Mining, Loan & Invest
ment company.
The first three are controlled by
Harry Altizer, who had Offices at So
Dearborn street. John ]. Jacobs con
trolled the Montana Mining, Loan &
Investment company at 225 Dearborn
street.
Altizer was arrested and taken tc
the Harrison street police station. ia
cohs was not at his Office and w. j
Grosklus and ]. L. Cuttings, who were
there, were taken to the police sta
ton under charges of conducting 6
gambling game.
The raids were the result Of an in
vestigation by Detective Woodbridge
after he had received complaints. The
mOlIdud mihih6, LOAN
concern was the first raidec. Detec
tives Woodbridge, Schubert, Borne ant
Warren entered the office shortly be
fore noon. With a patrol wagon sta
tionery and papers OF the concerI
were taken to the police station.
The object of this concern, accord
ing to its prospectus, is to max
money for its stockholders" TIL
company offered to sell 100000 stool
certificates at 81 each, each month
a~ggregating 800, 600. On this
loans $4,000 leaving a surplus Of $46
900, of which $4,000 was to be use
in prospecting, locating or leasing o
working mines, for purchasing an
otherwise acquiring mining propert
and real estate"
Persons who held stock ticket
were instructed to keep them as r.
ceipts against the company until $12
worth were had, when they were t
be presented at the main office
Butte. Mont. and a share of stock r.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
SWIFT WILL

Chicago, Especial Out Of an estate
of $12, 200 900 disposed Of by the Will
of Gustavus F. Swift, which was filed
for probate yesterday, $250,000 is set
aside to be distributed by the widow
TO charities. The remainder OF the
estate is given to the members OF the
family and the relatives of the tesla
tor. Final distribution is not to be
made for ten years.
According to the petition which ac-
companied the will S12, 900 600 OF the
estate is personal property. Louis F.
Swift and Edward F. Swift, sons, and
Edward Tilden are made trustees un'
der the will. and to them is left in
trust, for distribution under the pro-
visions of the testament, all the per
sonal property. The hearing was sci
for May 2. -.
What direction the proposed chart
ties are to take has not been an
nounced, further than that the pro
vision of the will relating to them de
clares that Mrs. Swift is fully cogniz
ant of the wishes of her husband IN
the matter and will carry them out a.
her discretion. Members Of the family
and the attorneys for the estate de
clared yesterday that Mrs. Swift hat
not taken them into her confidence IL
regard to the matter.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
BLUE FOR Upton.
Costly New Challenger Makes Poor
Showing SO a

WEYMOUTH, April ia fifteen mile
run TO leeward and beat home, giving
a leeward and windward test OF thirty
miles under conditions as similar as
possible to those expectable during
the races for the Americas cup on
Sandy Hook, was the course set Tor
the two Shamrocks today. The breeze
was very light, not over FIVE knots.
The starting times were:
Shamrock l, 10:0o:55.
Shamrock III, 10:01:O0.
In the reach across the mouth of he
bay to get clear water for a straight
run down the wind. Shamrock led
by nearly half a minute.
Shamrock III was about five min
utes ahead of Shamrock | at the end
of the leeward run.
Shamrock III won by seventeen min
utes.
Although Shamrock II won over
Shamrock / in three trials over a wlnd
ward and leeward course OF seven
miles each way Wednesday, the re
suits were apparently not entirely sat
isfactory to the men who had the de
signing OF the new America cup chal'
lenger. In the first bout the old boat
walked away from the new one In a
TuU, dlIIOu6h IL q ShSh'
~ favored by shifting winds. TIT
challenger won in all the windward
tests Of the day, but the showing as
whole did not fill the spectators WIFI
confidence, judging from their re
marks.
The bad fit of the ~challenger's main
sail was n~oticeable.It bagged so mucf
that the gaff sagged to leeward, ant
it had already been hauled out to thu
end of the boom. The sail apparentl!
must be recut.
Designer George l.. Watson said h
certainly did not like the challenger
performance on first run to leewart
but the after performances he though
made ample amends. Its windwad worl
is already up to his best expectations
he said, and he looked for further i'm
provement.
Silmaker Ratsey fenced the ques
tions of the interviewer, but admitte'
that the challenger's performance
were a tale of a different kind to tina
written by Shamrock II
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
DECISION ON THE
HILL MERGER CASE

rule that every one presumed
to intend what is & 7essary
of his own When
done willfully and delibera we
must conclude that those whU con-
WINGED and executed the plan aforesaid
intended, among other things, to ac'
complish these objects" The court
discusses the meaning of the world
Trust in the antitrust act and says
was careful or declare that a
combination, If in restraint Of inter-
state trade or commerce, or II 1t di'
rectly occasioned or affected such re,
straint. should be deemed illegal. Tho
words in restraint of commerce. don't
mean lin unreasonable or partial re,
straint Of trade, but any direct re'
straint thereof The court further
says that any agreement between conn
peting roads requiring them to act In
concert in fixing the rate for the carr
riage of passengers or freight over
their respective lines from n statd
state to another. is in direct restraint
of within the meaning oil
the antitrust act. Congress has the
power, the decision says, under the
constitution to regulate commerce AND
to say that no contract or combinal
ton shall be legal which restraints in
terstate commerce by shutting off the
operations of the general law OF com
petition. The organization Of the Sc
curities Company. is held as an "ac'
complished act. which congress has de
nounced as illegal more effectually
than by other methods"
Concerning the New Jersey charter
the court says the question to be de
termined is whether the charter grant
ed by the state can be used to defeat
the will of the national Legislature as
expressed in the law relating to inter
state trade. over which congress has
absolute control, and after quoting the
New Jersey law says the law means
that no powers granted by the state
shall be exercised to set at defiance
and United States statutes. The con
tention that the existing combination
is in violation of the antitrust act ant
that the act unduly restricts the RICH
of the individual to make a contrac
and is invalid, is declared to be en-
titled to little consideration.
New York, April 9.-Upon receipt o
the news of the decision at st. Paul
Northern Securities stock broke from
105 II: to 1902.
New York. April 9.-The Northern
Securities case will be appealed.
Washington, April 9.-The inter
state commerce commission toda,
made the Northwestern, Burlington
Great Western, st. Paul, Wabash, an
Rock Island railways, respondent ii
proceedings involving the legality Q
their local rates on grain and graf,
products, and issued an order requil
ing the roads to file an answer by Ma
LIST.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
A COSTLY WINNING.
Chicago Contractor Spends $4,000 to
Capture a $50 Bet.

Capture a $40 Bet.
Chicago, April 15.-When Joseph
Downey. contractor and member of the
board of education, reached his Office
yesterday morning after an absence
of nearly four months he figured out
that he had spent the better part Of
S.. 900 to win a 500 bet made with
Charles w. Gindele last December. To
win the wager Mr.. Downey travelled
Ia, 900 miles and lost his opportunity
to vote at the recent election. The
500 was paid him yesterday.
This unique wager was the outcome
of a discussion which arose between
the two gentlemen as to which a
seen the greater part of the world.
Mr.. Downey admitted that his ambi-
ton was to visit China, and that he
would do so as oon as certain bust
ness matters had been settled. There
upon Mr.. Gindele jokingly said that
China would have a republican form
of government before Downey would
become acquainted with it and that
he was ready to bet 500 on his opinion.
Quick as a flash his bet was taken,
and within a week, Mr.. Downey, &C
companied by his wife and Mr.. and
Mrs. F. w. Bryan, neighbors, was on
his way to Honkong. Stops were
made at San Francisco, Honolulu, Yo'
kohama, Nagasaki and Shanghai.
Trip was Instructive.
He does not think that his trip has
been either expensive or Improbable,
as he claims he has brought back from
the Orient a world of information,
Mr.. Downey's observations which he
made during his trip were very inter
esting. In Japan and China was this
especially true.
Zone of the remarkable traits Of
those eastern people," said Mr.. Dow
ney yesterday, seems to be their uni
form ~politeness and sobriety. MOI
once did | see a Chinaman Or a jar
under the influence of liquor. The
Japs are very clean too. They have
no sidewalks, and every morning the
housewives sweep the streets in from
of their homes. 1t would be a goo(
thing to have our street cleaning de
partment take a trip to Japan ant
there gather a little information.
Everywhere they are behind thu
times. Everything is done by hanC
and there is no machinery to speak OF
1t was a novel sight to see thos'
Japs putting up a six-story building
1t would take twenty or thirty of then
to carry up the timbers, and the brick
and mortar we're taken up on inclir
ed planes in buckets and baskets. Il
Yokohama and Manila | noticed sey
eral steel structures going up. The
were being built by Englishmer
Americans do not seem to be able t
grasp the opportunities which ofe
themselves in these new countries
So far l could see, E~nglishmen col
trolled all the banks in China, an
even in Manila the two America
banks are being run by Englishmel
We are letting the chances of on
lives go by in not exercising more Ell
ergy in the development of these ne
countries"
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17

Washington, D. c., April 16.-Grave
charges were filed yesterday against
George w. Beavers, former superin.
tendent OF the salary and allowance
division. They are that Mr.. Beavers
was the salaried representative OF the
Postal Clerks association and used
his official position to lobby for in
creased appropriations for the clerks.
Beavers had the good will OF many
senator's and representatives and 1t Is
charged he never missed an opportun-
ity to urge upon them the necessity
for increased allowances to the clerks
and providing higher salaries. 1t is
an indisputable fact that congress has
largely increased the appropriations
for clerks. These appropriations
were made in a lump sum and appor-
toned by Beavers.
The Postal Clerks association is
one OF the most powerful In the coun-
try. 1t comprises practically every
postal clerk from ocean to ocean, n
the members of the organization num-
Der many thousands. a,
II is also charged Beavers opposed
proposed legislation increasing the
nav of the letter carriers. The latter
association has had representatives In
Washington for a number OF years and
has. II is asserted, expended thousands
Of dollars in an endeavor to secure
legislation favorable to its members
During the last session OF congress
the postmaster general directed It's
representatives to cease their efforts
to secure the enactment OF legislation
providing for increased pay for car
riers. The Letter Carriers assocla'
ton has never been able to accom-
plish it's aims, but it is a matter oil
record the clerks have received sew
pral increases. Whether this Is due
10 the influence of Beavers is a mat
ter which is now being investigated
by Assistant Postmaster General Bris
tow.
Eyer since the investigation into the
~postofice scandals began the fr1end'
ind followers of the leaders OF tn
ring have been loudly asserting ina
90 soon as Postmaster General Payn'
returned to the city he would maxi
IL evident that the investigation wa,
being pushed by malicious suDoru
.ates to points not intended to reacn
BECAUSE he was the executive omce'
81 the national Republican committee
n was asserted that the postmaste
t~eneral would at once haul on the ue
iectives to avoid a political scahual
he returned yesterday from CUBA an.
litter a consultation with F1rst Assis'
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
CHICAGO POLICE RAID SWINDLING SCHEMES

ceived for the same. This, according
to the prospectus, would require a
period of ten years. ,
Detective Woodbridge said: This Is
a lottery game. The Montana Min
ing, Loan & Investment company has
no mines, no winners OF loans n
before the ten years are over In
which to obtain a share the company
will break up. l arrested these men
because they are conducting a lottery
and gambling game"
Grosklus and Cuttings said they
were in Jacobs employment only a
short time and believed the methods
of their employer legal.
The raid on Altizer s office was
made next. The literature Of the
three concerns which Altizer Is said
to have been operating was confscat-
ed. From the complaint which caus-
ed the raid the police learned that Al
tizer failed to pay dividends to invest
ors in the Chicago Crescent, a month
ly magazine.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
LITTLE LOLITA ARMOUR.
She viii Know Her Fate on the 18th
of This Month-Dr. Lorenz is to Re

She viii Know Her Fate on the 18th
of This Month-Dr. Lorenz is to Re
turn.
Chicago, April 15.-The breaking OF
a plaster cast will tell whether little
Lolita Armour is to be a cripple Ior
life or perfect and sound in body. Her
parents. Mr.. and Mrs. j. ogden Ar
mour, are spending anxious hours, for
ON the 18th of April the question will
be solved.
On that date DR.. Lorenz, the famous
Vienna rye who came to TINS
country especially to treat the little
heiress to millions, will return to this
country and break with his OWL hands
the cast that he so tenderly woVe
about the little cripple's limb.
Surgeons who have become inter
ested in the case, and who have stu
died DR.. Lorenz's method of bone-set-
ting. are convinced that the patient
little victim is cured, and that the
breaking of the cast is simply the last
act in the beautiful child's mlsfor'
tune. -.,
81 expect DR.. Lorenz on the 17th
Of this month";" said Mr.. Armour last
night. AT first we intended to take
little Lolita to Vienna, but business
matters interfered. l have arranged
with the doctor to come to this coun
try again and complete the operation
he so splendidly began. have con
fdence that our little n will soor
be we'll"
Lolita Armour was operated on sew
eral months ago by DR.. Lorenz 10
c~ongenital dislocation Of the hip. Tit
results of the operation were, and arr
still, being watched by the medica
men of the world. 1t was a most dill
ficult operation, and the little patien
stood it bravely. The results Will b,
known in a few days, and the med
cal world is expectant.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
NEW TARGET RECORDS.

Pensacola, Fla, April l5.-World's
records are being smashed here with
with frequency by the ships of the
North Atlantic fleet. The Illinois low
cred all records for accuracy with 49,
inch guns, and today the Iowa took
the record with six-pounder. The yes
sci was firing the guns of this size in
the gulf this afternoon when the gun
ners fired thirty shots in succession
each falling true at a range OF 10(
yards.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
SCOTS MAKE SCENE.

Edinburg, Scotland, April 15.-At a
meeting here yesterday called to make
preparations for the visit of King Ed
ward to Scotland, a curious incident
occurred. Several of the local Scot
fish officials refused to have anything
to do with the king until he dropped
the title of Edward VII. The ob1ec-
tors protested that the title was an
insult to Scotland. They added that,
judging from the addresses he receiy.
ed al Lisbon, even the king himself
seemed to realize that he a only
King Of England. Considerable up
roar prevailed, but the meeting uium.
ately refused to listen any further to
the indictments.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
WllkIE WANTS IT.
The Chief Of the Secret Service After
Treasury Berth.

Washington, d. c., April 15.-John E.
Wilkie, chief of the secret service, Is
a candidate for assistant secretary OF
the treasury to succeed M. e. Allies.
who will retire to become vice presi-
dent of a Washington bank May L.
wilkes candidacy is not taken SER
iously in the treasury department. AS
sistant Secretary Armstrong, who now
has charge Of the customs division, Is
also said to be willing to accept q
transwer to the desk of Allies and
take charge of fiscal AFFAIRS. Wallace
H. Hills, chief clerk Of the treasury, is
another candidate for the place soon
to be made vacant.
The desire for this place is based
on the opportunity 1t holds out for fu-
ture employment az presidents or
vice presidents of banking institutions.
It has been called the kindergarten
desk Of the treasury department ever
since Lyman ]. Gage became secre-
tary.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
MERGER DECISION
MAKES PRICES FALL

the suggestion being made that the
merger decision may seriously inter-
fere with the company's holding
Southern Pacific shares. The net loss
sustained by Union Pacific was 3B
points, and at one time the stock sold
at S6A, which is the lowest it has
seer since 1901.
st. Louis & San Francisco shares
made a sensational decline Of 81
points on the belief that the carrying
through of the Rock Island-'Frisco
merger would be interfered with. 9th
err notable declines we're: /
st. Paul, 3B points; Chicago &
Northwestern, 4h points; Illinois
Central, 3k points; Delaware, Lack
awanna G. Western, 8 points, and
Amalgamated Copper, 3B points.
1t was evident that extensive liqui-
dation had been forced by the exhaus-
ton of margins and the u~ncovering OF
stop-loss orders. 1t was also thought
that other shares had been sold to pro-
tect holdings of Northern Securities
stock. While rumors circulated in
Wall street hat powerful financial in
terests had come together and would
afford support to the market, there
was not at any time much indication
Oh such support. The closing OF the
market vas weak, the rallies from
the lowest prices being very slight,
and apparently due merely to a limit
ed buying to cover short" contracts.
The money market showed 10 unusu.
al disturbance, and call rates did not
get above 6 per cent, closing at ~ per
cent.
The stock exchange sales of stocks
f1r tho Iox, pyorn 1 QOQ r00 charaC II
was the second largest day so far this
year, the high record for the year hav.
ing been 1853. 900 shares on Jan. 3.
Some idea of the tremendous de-
cline In prices that has taken place
since the crest was reached in the bull.
lish market stock wave on Sept. 9 Of
last year is afforded by the table CIV
en- below. 1t shows the high prices
touched on that day by 20 prominent
railroad stocks and the low prices Of
yesterday together with the outstand-
ing capitalization and a loss in mar
ket value of more than $400, 900 900
on the basis of yesterdays low fig
ures. On Sept. 8. 1902, the average
price at the close of the market OF
these 20 stocks was $129.36 a share.
The closing prices, however, were not
the highest of that day, SO that tho
average at one time vas much greater.
The average of the 20 stocks at the
close of the market yesterday was
$106.15 a share.
On the New York stock exchange
166 different stock issues were dealt
in. not to mention bond issues, all of
I which have shown great declines. The
total loss on market value will run
probably to a billion.
The losses in detail CI nm OF the
leading stocks were as follows:
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
HANNA SPEAKS.

Praises Work of Civic Federation In
Dealing with Labor Issue.
Erie, Pa, April Ex-senator Hanna
was the guest of honor and principal
speaker last night at the second an
nual banquet of the Erie Chamber of
Commerce. The senator was wei
coined by Mayor Hardwick, the ban
quet reception committee and a large
delegation of prominent business men.
At the banquet Senator Hanna re-
sponded to the toast Capital and La.
bor," saying that his subject was the
most important extant to the people OF
this country. far above all political
questions of the day. He confined
much of his remarks to his connec'
ton with the Civic Federation, its OBJ
jects and aims and the great amount
| of good work 1t has done.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
Slump in the Stock.

New York, April 13.-The shares of
the Northern Securities company to-
day broke to 81. a decline of 5$
points from last Thursdays quota.
tions, which caused weakness all
through the active stock list. A
number of standard railway shares
including Pennsylvania and New York
Central, made new low records fol
tne present movements. Common
report attributed the severe break te
heavy selling by the Western clique
and prominent local operators.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
BEAT THE APRIL RECORD.

New York, April 10.-The heaviest
weeks immigration at Ellis island ever
had in April /, ended today. Since
April /, $500 emigrants have been
landed, TO- 200 arriving in port today.
Commissioners Williams said the class
of emigrants arriving is above the av-
erage regarding education and cult
walton. A large majority OF them go
to the West and Northwest.
The professional world. (Columbia, Mo.) 1901-192?, 1903-04-17
NEW TARGET RECORDS.

Pensacola, Fla, April 15.-World's:
records are being smashed here with
with frequency by the ships OF the
North Atlantic fleet. The Illinois low
cred all records for accuracy with IT,
inch guns and today the Iowa took
the record with s%ix-pounder. The YES
sci was firing the guns Of this size in
the gulf this afternoon when the gun
ners fred thirty shots in succession,
each falling true at a range OF loo
yards.