The Montgomery advertiser., 1904-10-22
LINES MADE STRONGER
DEMOCRATS PnErkRED IN NEW
 YORK AND INDIANA
Willie the Contest is Close, the Trend ts Teward PpFlxex and Davis. Fake Waeers on Elec-
 tion fn Wall Street.

E0ke W884f4 oB ns1cS-
 tien h Wan Street. 
 New York, Oct. 21.--{Special.)--A iupartial review of political events OF the last week leads to the conclusion that. while the Presidential contest IS close. the trend of sentiment Is with the Democracy, and the outlook favors the election of Parker and Davis more
 strongiy than has been the case at any
 previous stage of the campaign Al
 two very important points the Demo strenxthened, namely in New York and Indiana, and it Is by no means certain that they have been weakened any where, The Republican managers will deriy the truth of these statements, for y,pon their part it is evidently a studied policy to represent Democratic pros- poets as hopeless in every State save those in the South, which are always Democratic. while at the same time boosting of the Irresistible strength of their own ticket almost everywhere ex- cept in the South. This is. part and parcel of the plan of bluff and brag which was adopted by the administra- ton at the very outset of the campaign, and which the Republican managers have been instructed to adhere to un- l til the day of election.
 Bettlng h This and Past Years. The Republican point to the betting l in Wall Street and to the boom in the stock market as certain indications of coming victory for their party, but his tory teaches us that these are slender reeds upon wnicn 10 iean. m ioeS tho stock market was bullish preced- ing the election, and on the 9th of November, three days before election. Thomas HI. Carter, then chairman Of
 the Republican National Committee. is-
 sued a statement which was sent out
 by the Associated Press. in which he
 congratulated the country upon its evf-
 dent decision to stand by the grand
 old Republican Party" and to rebuke
 once more "the enemies of American progress and prosperity In coneina- ing his brief congratulatory address,
 Chairman carter caiIeo aIten1ion to the remarkable buoyancy of the ce- reals and stock markets" which, he remarked, "is plainly due to the abso- lute certainty of a coming triumph TOT
 fine Republican Party and its wise poll cies" Three days later the City or New York (incIuding the five boroughs now constituting the municipality
 gave Cleveland 10s.000 plurality, the
 State of New York gave him nearly So,-
 GOO. and he swept the country, carry
 ing the solid South" New York, New
 Jersey, Connecticut. Illinois. Wisconsin
 and Indiana, and getting electoral votes
 in half a dozen other States. including Michigan. California and Ohio.
 The wall Street betting had favored
 Harrison throughout the campaign, and
 the odds were on. Harrison until the
 cloing weeks of the contest. when they
 veered to Cleveland. On the eve or the
 election professional betting was even on the general result. but Repupilcan politicians continued to buster anu
 ''claim everything"
 Many Make wngers in Wall Street. The New York Evening Post and The New York World have made caretul inyestigation within the last few days and each of them reports that 1t is inn uossible to verify the large volume of betting alleged to have taken place in the Wall Street district, with heavy odds on Roosevelt. The Post asserts that not more than $20.000 has actually been wagered on the general result of | this election, while The World puts the figures at mot to exceed $25,000." If one is to credit the announcements made lon the curb" from day to day several hundred thousand dollars have been bet on Roosevelt at odds of from l 10 to s to 10 to 8. Both The Post and | The World state that most of ne all leged betting at those odds Is fictitious neither the parties northe money are | in evidence. The fact is that an exami- nation of the files of the New York newspapers shows that betting on the | presidency berore the nnal WorK ol a campaign has seldom proved reliable as an indicator of what was coming and in one notable instance the final | betting was utterly discredited by the result of the election. Cleveland was l the favorite at odds of 100 to 80 or ! the eve of the election in 1888. but liar rison defeated him, even carrying New York. In 1876 odds of 100 to 75 were | given on Hayes at the beginning of the | campaign, and those odds were main | tained until the closing week of the contest, when they were hammered tc l "evens' by the TiIden men. who, ir many cases gave odds on their favorite l In 1880 Garfield had the betting odds right along. In 1884 Blaine was | to favorite for weeks after the nomi' 1 nations had been made, and slight odds were given on him right down to the | eve of election. Yet Tilden beat Hayes
 and Cleveland defeated Blaine.
 BettOrs Were Fooled to the Last. In 1888, as already said, the final bet ting was strongly in Cleveland's favor yet Harrison won the election. IT | 1892 Harrison started out in the lead and was neck and neck with Cleveland | when betting ceased. David Martin | and John L. Hill, representing the Re | publican National Committee. tried tC | keep up the Harrison bluff to the last pretending to offer $1oO.000 on the Re | publican candidate at midnight of thu | 7th of November, a few hours befort | the polls were to be opened. It is i'm | possible to predict at this time wha may happen between now and Novem | Der tending to improve or weaker
 the Democratic prospect, but friends O | the Democratic ticket should not allow | themselves to be influenced by fak' 1 getting or by extravagant claims pu | forth either in Wall Street or by tn, Republican managers. When registra | ton shall have been completed in New York and the Democratic Nationa l Committee shall have made its fina summing up, the real betting on tn, 1 election will begin. Even then 1t ma, prove a false guide. as 1t did in 1sS, and other years. but the one fact tha stands out prominently now is tha | there Is nothing in the situation tt | warrant odds on Roosevelt, for tn, | managers of the respective campaigni are in the dark; they do not know wha | is to happen; they are not yet in | position to make positive claims as tC | the outcome of the election. Wherevel | an offer of heavy odds on Roosevelt hal been made 1t was either fictitious, wa! | inspired by the Republican managers ol was made by reckless enthusiasts wht | have no better basis for their judgmen than the preposterous claims of thos, | managers.
 | New York the storm Center and Pivot