davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1904-12-25
"wAsH" SALES OF STOCK.
Schemes Worked by Brokers When
Real Wool is Shy,
San Francisco Chronicle.


San Francisco Chronicle,
The most common trick of spectators Is
wash" sales-that is sales in which the
same man is both buyer and seller oper-
ating, Of course, through different brokers
BY this means, when conditions favor, the
outside public can be made to believe that
given stock is going UP like a rocket, or
falling down like a stick, and SO be led to
rusR~in either to buy or sell may suit
the purposes of the manipulation. Thomas
w. Lawson says that James r. Keene
washed" no less than $4,000 shares of
Amalgamated Copper, by which means,
Lawson says the public was induced to
purchase enor ormously at prices far beyond
Its value. Lawson says he can prove this
by documentary evidence, and very likely
he can. There is nothing unusual about 1t,
except the large number OF shares
washed" But then Keene is a large
operator.
One Wack, It is stated, wants to see
lawson indicted for telling wrong stories
about the value of stocks and so depressing
prices. That, however, would put upon
the state the burden of proving that the
stories were not true which perhaps It
could not do. II Lawson tells the truth
about Keene, 1t would seem that the latter
ought to be indicted also. But that was
different. In Keene's case the wrong story
tended to boost prices and so help specula-
tors to unload, while Lawson's tales scare
people. bring prices down with a run, com
pei spectators to put up more margins, or
lose their pledged stocks and make trouble
generally. 1t is safe to say that II Wall
street can prevent 1t, there will be no In
dictment of Lawson or of anybody else
which will cause a judicial inquiry into the
methods employed by manipulators to in
fate or depress the price of stocks. There
certainly will be none II the speculative
side of Wall street can precent 1t. Be-
sides, there is as yet nothing to indicate
that Lawson is not telling the exact truth.
Omaha daily bee., 1904-12-25
1NcoRpoRA r1oh OR LICENSE,

Great interest is being taken In the
recommendation Of Commissioner Gar
field Of the bureau of corporations that
there be adopted a compulsory federal
license or franchise system for all cor
porations doing interstate business, prac-
tically giving the government control
over all trusts. The report of the COM
missioner, as already noted, presents
strong arguments in support of his pref
erence for a system of license rather
than a system of incorporation. He says
that the chief difficulty from federal in
corporation would arise in connection
with the question whether congress
could give an interstate commerce cor
poration a power to produce or manu-
facture in any state, so that that grant
of power would be valid as against
states or individuals. That question can
not be determined concluslvely in the
absence of a judicial decision on the
point. AS to the idea of a federal in
tional with the companies to incorporate
under 1t or not, the commissioner rejects
1t for the reason that II would not be
taken advantage of unless the conditions
were made more satisfactory to the cor
porations than those now afforded by ex-
listing state law. 1t may be remarked
that In this he is not In accord with
some Of the ablest corporation lawyers in
the country.
In regard to federal franchise or
license law, Commissioner Garfield ex-
presses the opinion that 1t presents no
fundamental legal difficulty and yet
would impose all necessary requirements
as to corporate organization and man.
agement, would require such reports and
returns as may be desired and would
prohibit all corporations from engaging
in interstate and foreign commerce that
did not possess a federal license. In dis
cussing the matter a leading financial
paper observes that there could be no
evasion Of government regulation under
a system Of federal interpretations, but
system of federal franchises could prob
ably be evaded by such companies as
desire to escape from national control.
1t is admitted by Commissioner Garfield
that the question of evasion is a trouble
some one, though he thinks that the
practical danger Of effective evasion is
more apparent than real. No doubt the
enactment Of such law would result In
measures to get around it. One sug-
gested method Of doing this is that big
companies would be divided up into
many small concerns, each Of which
would do strictly state business and
thus be subject only to state law, yet all
of these companies would be controlled
by the same people who now control the
great corporations or trusts.
Commissioner Garfield appears to
have carefully thought out and weighed
the difficulties respecting the operation
Of both federal incorporation law and
a system Of license or franchise, and his
well-argued advocacy of the latter will
not fail to make strong impression IA
vorable to it. Meanwhile the subject Is
receiving earnest public consideration
and discussion and doubtless also the
thoughtful attention of members Of con-
gress. 1t is not an unwarranted belief
that the recommendations Of the COM
missioner are approved by the admins
tration.
Omaha daily bee., 1904-12-25
YOUNG MEN ITO THE FRONT.
Significance of the Election of TheO-
dOre Roosevelt.


dOre Roosevelt.
Leslie's Weekly.
For the near future at least each of the
great parties Is likely to give the prefer
ence to young men for presidents. Mr.
Roosevelt's experience has settled this
point AS in many other things. Mr.. Roose-
welt broke the record in youthfulness, being
only 4S years of age when he reached
the presidency. On entering the White
House Lincoln was g. johnson 81, Grant
47, Hayes 81. Garfield 40. Arthur 81, CIeve-
land 4s. Harrison IS and Mckinley SO. This
completes the list of presidents since the
beginning Of the republican asoendenoy. In
the early days OF the government the
average age OF the presidents was greater
than It has been in the past forty years.
On going to the head of the government
Washington was 81, Adams 81, Jefferson,
Madison and John Quincy Adams each So,
Monroe So, Jackson SO, Van Buren, 55 Will
liam Henry Harrison 6S, Tyler 81. Polk 50.
Taylor 65. Fillmore 30, Pierce 10 and Bu-
chanan S.
The first Harrison was the Oldest of all
the presidents on attaining ONCE, and he
died a month after his Inauguration. The
next oldest was Buchanan. Possibly. had
he been 46 or Sc on attaining ONCE instead
of &c. he would have done more to uphold
the government In the days between the
South Carolina secession, in the latter part
Of December, 1850, and his own retirement
two and a half months later. than he at
tempted. The next oldest, Taylor, died
when a year and a third In ONCE Harrison
and Taylor were the only presidents who
died natural deaths during their terms.
Mr.. Roosevelt was the youngest OF the
countrys presidents, and next 10 him In
order stood Grant, Cleveland GARFIELD and
Pierce. Undoubtedly Roosevelt's youthful
ness accounts for much OF the vigor. the
promptness. Initiative. the resourcsful-
ness and the dash OF his administration
II accounts also for much of his personal
popularity. These are days when young
men have the call on the big prizes OF
politicA
Omaha daily bee., 1904-12-25
PRA ACTICAL RATHER TRAN SPASM0DIC
REFORM.


In the discussion of municipal reform,
as in the discussion of economic prob
lens, political bias, race prejudice and
creed bigotry should have no place. In
the police government of a city, or in
dealing with the repression of vice and
crime it is immaterial whether a man is
republican, democrat populist, social
list or prohibitionist, or whether he is a
Presbyterian, Methodist, Roman Catholic
or Jew. All the boodlers and gcafters
and all the beneficiaries of vice and
crime do not rotate in the same social
sphere.
1t is a matter Of notoriety that in
Omaha as in all other great cities fran
chise privilege is the source Of more mu-
nicipal corruption than any other agency,
and men who pride themselves on their
social standing and pass muster as ex-
emplary Christians derive a large part
of their income from renting houses for
immoral and lawless purposes.
In the language of Lincoln Steffens in
his Introductory to "The Shame of
Cities" I'VE are geod-on Sunday, and we
are 'fearfully patriotic on the Fourth of
July. But the bribe we pay to the janitor
to prefer our interest to the landlords is
the little brother of the bribe passed TO
the alderman to sell a city street, aud
the father of the air brake stock as
signed to the president of a railroad to
have this life-saving invention adopted
on his road And as for graft, railroad
passes, saloon and bawdy house black
mail and watered stock, all these belong
to the same family"
In Omaha, as in all other cities Of
large population, experience has time
and again shown that spasmodic and
form and publication accomplish very
little and often end with a fash in the
pan. No movement for municipal puri-
fication can product lasting effects I'm
less it is practical and deals with the
intricate problem of police government
in conformity with existing conditions
rather than visionary theories.
1t is the consensus of opinion among
oil practical municipal reformers that
social evil cannot be suppressed, but
must be repressed by vigilant supervi-
sion. To place tolerated vice in Omaha
under better surveillance the saloon
should be banished from the prescribed
district. Practical experience in police
supervision in all the large cities has
demonstrated that efficient police gov
ernment can only be maintained by plac-
ing policemen out of the reach of temp
tation. The police force patrolling the
prescribed district should be rotated 80
that no patrolman shall be detailed for
this service for more than two weeks at
any one time and not more than once in
every twelve months.
So long as policemen are permitted to
solicit contributions for any person or
accept gifts from any person subject to
their surveillance they cannot be de-
pended upon to discharge their functions
without fear or favor. But these re-
forms cannot be inaugurated unless pub
lie sentiment shall impress itself upon
the men in authority.
Omaha daily bee., 1904-12-25

ing his features at the recollection. by
life insurance company. / tell you IL hurt
that timei"-Chicago Tribune.
"Well-er-it seems" said Mr.. staylate,
at length, that I've exhausted all the
subjects OF conversation"
How modest OF you, Mr.. Staylate," re-
piled the weary girl; you We exhausted
more than that"-Philadelphia Press.
MY wife wants TO give away everything
we've got at Christmas time"
That's unfortunate"
II should say II is why, only last night
I came home and told her an important
secret. What did she do7 Went right
over to our next door neghbor and gave IL
away."--Cleveland Plain Dealer
Omaha daily bee., 1904-12-25

the attempt to recruit linotype operators
from this class OF labor, nor has any
serious effort been made to replace men
with women. "The real merit" he con-
cludes, "of the policy of the Typograph-
ical union was that 1t secured for Its
members an opportunity to show to the
employer that the union printer was
more profitable than the unskilled work
man as a machine operator"
Omaha daily bee., 1904-12-25
MERRY CHRISTMAS.
william ]. hampton.

william J. Hampton
EfyeTSy5SG;dy f Sy5s;i g. get 1s.;S gay; vonr v,v,
The glad time Of the year;
And II there's tear
When ali the worlds a-cheeri
You must dry IT.
You must put Il away
When Christmas IL not IN the air.
You can't? You wontf
Oh, don't
Talk thatway;
Just say
And the I'll will grow less
In its bitterness,
And the better viii come to bless; less,
Well say, did YOU ever try
To see for a minute at Christmas
The happiness money win bpyy ,
A lot Of it ON the poor and see
They'll feel bully,
And think you are II;
More comfy and Christmassy yourself
Perhaps you are poor and unablef
How poor you are by thinking
4nd a t6S's SS what whG 26 are 81. poorer ySSs Cheerful
IL only TO smile and to sing.
For a whole heap Ol CQml lurt often
May come from a little thing.
Thank God II is only the fewest
Who have nothing TO give or to get,
And most Of YOU ought to be happy
In knowing you are not there yet.
At least you might feel that way
For one day
In the year
And give the Christmas cheer
chance 70 lift your burden,
And make your weary load
Less heavy on your journey
Along the thorny road.
Gee whtz
Yours is not the only burden that Ia
oh, say,
Break away.
Drop the weight OF your riches
And your cares of poverty,
And, II not as merry as the merriest,
BE as merry as you can be,
Get down on the ground with the children
Forget you are women and men,
Get into the push with Jolly Old Kris
And you'll feel a sight better then.
Indeed, you will.
And here's a merry Christmas
For the great ones and the small;
Reach up and reach down,
Each way lies the crown,
Good will and good cheer for US all.
Omaha daily bee., 1904-12-25

If he will help the president solve the
question of regulation Of railway rates
and the complete abolition of railway
the public will not care
much whether Secretary Morton sub
lets his Job as supervisor Of the navy to
a deputy or not.
Omaha daily bee., 1904-12-25

No doubt the president believes In the
power of publicity since he publishes
letter to the commissioners of the Dis
trict of Columbia after they had failed
to carry out its recommendations.
Omaha daily bee., 1904-12-25

Reports from Missouri are to the ef-
feet that were the election in that state
to be held over again it would go repub-
hcan on governor as well as on all the
other Offices on the ticket. A good habit
surely grows on people.
Omaha daily bee., 1904-12-25
BeneaeiaI Gains.
Boston Globt

The per capita drink bill OF the United
States is increasing. but on the other hand.
statistics show that more people are join
ing the church now than ever before. The
Episcopal church, for instance, gained per
cent on it's membership last year, the Pres
byterian church 2h per cent and the Meth
odist church also made an unprecedented
gain.
Omaha daily bee., 1904-12-25
CHRISTMAS CHEER.

IT understood your husband was to give
stag dinner party this evening" remarked
the tgress.
TITS on" replied the iioness. He didn',
succeed in catching the stag."--Philadei-
phia Press
Breathlessly the young man who had de-
answer.
Breathlessly-yet Is was better So
He was chewing a clove-Chicago Tri-
bune.
II thought had discovered an original
idea IN shopping when / went down town
Immediately after a o'clock breakfast yes
terday morning"
"Well7"
We'll, l found that at least 10000 shop
pers had thought Of the very same thing" F"
Cleveland Plain Dealer.
Daddy, did you tell mother when you
was courting, her that you couldn't live
Maybe did, my boy / was young and
foolish then. l know better now."-Cleve-
land Plain Dealer.
TITS a fact that the only secret a woman
can keep is her age"
And there you're wrong. That isn't a
secret. She only thinks it is."-Cleveland
Leader.
The young woman had just said no.
Have you ever been rejected before Mr.
Huddleston?" she asked, sympathlzingly,
and almost tenderly.
"once," he said, spasm OF pain comfort
Omaha daily bee., 1904-12-25

Admiral Togo's latest report sounds
like that of an officer preparing to greet
his successor. 1t is to be hoped the new
man will be able to show as good
record,
Omaha daily bee., 1904-12-25

Lord Dunraven's answer to ''What is
the matter with Ireland?" will probably
not make him as famous as a Kansan
who wrote similar article, but 1t shows
his heart is right.
Omaha daily bee., 1904-12-25

France announces that 1t has no
thought Of intervening in the eastern
war. Is it possible that Paris becoming
tired OF its alliance with St Petersburg
prefers to see its ally fight to the last
ditchf
Omaha daily bee., 1904-12-25

Four per cent Philippine government
guaranteed railway bonds ought to sell
pretty we'll on money market that is
being bumped SO vigorously up and
down by the frenzied financiers.
Omaha daily bee., 1904-12-25
Cutting Down Mortality Lists.
RhiladaInhia Press.

The supreme court decides that all rail-
road cars. including locomotives. must be
equipped with uniform automatic couplers,
which is a righteous decision. The fright
full list OF railroad accidents requires that
no exceptions be made in the enforcement
OF this law
Omaha daily bee., 1904-12-25

All the rate wars" between the rail-
roads are to end next week and the truce
will probably last until the men who
make the tariffs recover from the shock
of holiday vacations.
Omaha daily bee., 1904-12-25
"MaryIand, MY Maryland" !"
Baltimore American.

We sing the praises OF the canvasback
duck and the diamondback terrapin, but
those are exclusives. AS between the oyster
and the turkey there is no rivalry Each
plays his part at the feast and excites dis
tinctly different emotions.
Omaha daily bee., 1904-12-25

1t is now up to some enthusiast to
start new form of religion since Bo-
stock has succeeded in making the lion
and the lamb lie down together, both in
their own proper persons.
Omaha daily bee., 1904-12-25

Holidays in England may change with
he times, but the American idea Of
Yuletide in Merrie England will remain
true to the impressions gained from
Charles Dickens until another master
pictures the newer facts with equal skill.
Omaha daily bee., 1904-12-25

Joe Chamberlain's high opinion of
American education is easily accounted
for when one considers his idea of pro-
tective tariffs.
Omaha daily bee., 1904-12-25

Omaha's Christmas stocking has a
whole lot Of good things peeping out Of
it that promise to emerge in the shape
Of big building and business improve
ments during 1908.
Omaha daily bee., 1904-12-25

The first strike in Turkey was sup
pressed by the government. The sultan
has no desire. to divide honors with the
walking delegate.
Omaha daily bee., 1904-12-25
Bedridden for n Season.
Chicago News

chicago N0Wbs
Now that the supreme court has rebuked
the Missouri river for taking liberties with
the territory Of a sovereign state. perhaps
1t will stop its meanness.
Omaha daily bee., 1904-12-25

1t seems to have taken his executors
almost as long to find a suitable mono
lith for Stanley's grave as it took the
explorer to go through the Dark Cont
nent
Omaha daily bee., 1904-12-25
Merry Christmas to you all!

No wonder the express companies op-
pose the expansion of the postoffice by
the addition of parcels post.
Omaha daily bee., 1904-12-25

The motor car refuses to recognize
that divinity which is supposed to hedge
king, as both the ruler of Spain and
the duke of Connaught can testify.
Omaha daily bee., 1904-12-25

The Santa Claus myth no matter how
often exposed and exploded, takes new
hold on childish, hearts every time the
Yuletide rolls round.
Omaha daily bee., 1904-12-25

Mrs. Chadwick should take a change
of venue and try to get the services of
the same jury that sat in the Nan Pat
tersoh case.
Omaha daily bee., 1904-12-25

Should the first tug-of-war with the
trusts hit the Tobacco combine it will
make smoke and probably fire too.
Omaha daily bee., 1904-12-25

Reports from Vienna and London
would indicate that Russia is in greater
danger of depopulation than Of destruc-
ton by nihilists.
Omaha daily bee., 1904-12-25

STATEMENT OF CIRCULATION.
George u. Tsschuck, secretary of The Bee
Publishing Company, being duly sworn;
says that the actual number of full ana
complete copies OF The Daily, Morning,
Evening and Sunday Bee printed during
the month Of November. 1904. was as fol-
Omaha daily bee., 1904-12-25

TERMS OF SUBSCRIPTION.
Daily Bee without Sunday, one year -. .@ ~
Daily Bee and Sunday. one year.....'''' S'1 Uo
Illustrated Bee, one year.........'.''''''' *
sunday Bee, one year. "a
Saturday Bee, one year.................''' 90
Twentieth Century Farmer, one year i''V
DELIVERED BY CARRIER.
Daily Bee (without Sunday, per copy. 90 So
Daily Bee without sunday, per Weeh,, i7c
Daily Bee Qncludng Sunday, per WeeA''i X
sunday Bee, per copy ........: '..eI Sc
Evening Bee (without Sunday. per week week ~
Evening Bee Including Sunday)' PEI 10
Complaints Of Irregularities ia delivery
should be addressed to City Ctrculauoh Ds-
partment.
OFFICES.
Omaha-The Bee Building. -..,,-
South Omaha-City Hall building I"eh'S-
.lfth and NJ streets.
Council Bluffs--10 Pearl street.
Chicago-16f0 Unity building.
New York-232S Park Row bui.ding'
Washington-501 Fourteenth street
CORRESPONDENCE. =,
Communication relating to news and eol-
torial matter should be addressed; Onlaha
Bee, Editorial Department.
REMITTANCES.
Remit by draft. express or postal ORDER
payable to The Bee Publishing Company;
Only 2-cent stamps received in payment OF
mail accounts. Personal checks. except on
Omaha or eastern exchanges, not accePteu'
THE BEE PUBLISHING COMPANf.
Omaha daily bee., 1904-12-25

II thought / had discovered an original
idea IN shopping when ! went down town
Immediately after o'clock breakfast yes
terday morning"
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1904-12-30
SITUATION Is GRAVE.
French Foreign Office Order Consul
and Other Officials to Leave
Moroccan Capital.

Paris, Dec. 24-Tne foreign office con-
siders the situation in Morocco extreme
ly grave. The sultan's dismissal of
his French and other military advisers
has been followed by a number of other
acts showing his intention to interrupt
the execution of the French policy. Ac-
cordingly, the French minister at Tan
sier has been instructed to secure the
immediate withdrawal from the Moroc-
can capital of the French consul, the
commander. and all members of the mil
itary mission anu all French citizens,
unless the sultan vacates his previous
offensive action and offers suitable ex-
PLANTATION. The French minister has
been instructed to communicate this to
the sultan at the same time he notifies
the consul, military men and citizens to
prepare to depart. The officials here
say that no definite military or naval
steps have yet been taken, as these
await the sultan's response to the min
listers demand, but demonstration In
force will follow If suitable eXplana-
ton and reparation are not promptly
given.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1904-12-30
SENDS NOTE ON PEACE MOVE
HAY TELLS OF PROGRESS OF
SECOND HAGUE MEETING.
President Gratified at Cordial Re-
ception of His Invitation
by the Powers.

Washington, Dec. 24.-That the
further interchange of views pre-
paratory to the formulating of pro-
gramme for another peace conference
at The Hague be effected through the
international bureau under the con-
troll of the permanent administrative
council of The Hague is the sugges-
ton offered by Secretary Hay in a
second circular note to the powers
made public at the state department
Friday. The note was dispatched a
week ago, but its publication was
withheld until it had reached the
various American embassies and lega-
tons abroad. The secretary summar-
ICES the replies of all the powers to
his note of October Il and expresses
the qualification of the president at
the cordial reception of his invitation.
Having taken this initial step, how
ever, the secretary says the president
feels that he has gone as far as he
appropriately can, and that with the
general acceptance of his invitation in
principle "the future conduct of the
affair may fifty follow it's normal chan
nels."
Regarding the conditional accept
ance of Russia Secretary Hay says
that, while the postponement which
this reply necessitates is to be regret
ter, this government recognizes the
weight of the notice which induced it