davidaulloa/AmericanStories huggingface dataset:
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31

On Thursday, September n, at Q P.
M, The Times will give away four
Quaker Ranges absolutely free Of charge.
The ranges will be disposed OF through
subscription contest.
There will be no coupons printed in
the paper Votes will be obtained
through subscription solely.
How the Ranges VIII Be Distributed.
Range No. Ito the lady receiving
the most votes in Berlin, Williamstown
excepting Foxville or that portion of
Graniteville in Williamstown), Brook
field and that part of Barre town west
Of Stevens Brook.
Range No. 2.-To the lady receiving
the most votes in Barre town east Of
Stevens, Branch and that part OF Gran
iteyille and Foxyiile located in Williams
town.
Range No. 3.-To the lady receiving
the most votes in Orange, Washington,
Chelsea or West Topsham,
Range No. ITO the ledy receiving
the most votes in East Montpelier,
Plainfeld, Marsh6eld, Groton, Cabot or
Calais.
Conditions of the Contest.
One range win be given to the lady
receiving the highest number q votes
in any contest.
No coupons win be sold at TINS ONCE
and no papers will be sold in quantities.
No coupons will be printed in the paper,
but viii be issued as specified In the
paragraph following. -
One twenty-five vote coupon VIII pc
issued for every $1.25 that is paid u
on subscriptions to the Times, but no
coupons will be issued for fractional
parts Of dollar, or for any subscrip-
ton Of less than six months. This ap-
plies to either old or new. subscribers.
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31
WILLIAMSBURG.

Walter Bartlett returned to Barre yes
terday after a few days visit here.
Mr.. Quimby, salesman for White River
Paper Co., was in town yesterday on
business with the merchants
Mrs. Denny Briggs has been spending
several days with her mother and bro-
theirs in Montpelier, returning last
night.
Mrs. Bertha Martin Harris and three
children, who has been visiting friends
in town the past week have returned to
her home in Montpelier.
Miss Louis Seaver gave a party to
few Of her friends Tuesday evening in
honor Of her friend Miss Daguring, who
soon returns to New York.
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31
EAST BARRE.

The w. c. 7. U. will hold their usual
meeting at the home of Mrs. Frank
Waterman on Friday afternoon, Sept. 1.
All members are requested to be present.
There will be a social dance at opera
house hall Saturday evening, September
., under the auspices of Gauthier's or
ehestra. Dancing from to -. Adj
mission 35 cents.
The ladies of the Congregational
church are planning for an ice cream sale
to be held Sept. 2. They have always
had successful sales and hope this will
prove no exception.
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31
Four Quaker Ranges Free
Will Be Awarded to the -Four Ladies Receiving the
Largest Number Of Votes Before Sept. 2Ist.

One twenty-five vote coupon for every
1925 paid, no more, no less.
To prevent trading among contest
ants, those who receive coupons should
fill them out at once No coupon will
be counted upon which two names APP
pear, even if one of them has been eras-
ed. After coupons are once credited
no transfer will be made.
Any contestant is at liberty to can
yass anywhere for subscriptions, no
matter where she resides, but the prize
winner must be bona fide resident of
the towns to which the range is to be
awarded, ais indicated above.
Any one intending to canvass for
these ranges should write to this Office
at once for instructions, and printed
matter.
All votes recorded in the Times will
be held and be open for the inspection
by any candidate until after the contest
Closes
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31
A Touchinr storv

Is the saving from death of the baby
girl Of Geo. A. Eyler, Cumberland, Md
lie writes: Sat the age Of Ii months,
our little girl was in declining health,
with serious throat trouble, and two
physicians gave her up, We were al
most IN despair when we resolved to
try DR.. Kings New Discovery for Con-
sumption, Coughs and Colds. The first
bottle gave relief; after taking four
bottles she was cured and is now in
perfect health" Never fails to relieve
and cure cough Or cold. At the Red
Cross Pharmacy and Parlor Drug Store.
Prices soc and $500. Guaranteed.
Trial bottle free.
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31
GRANITEvILIE.

NJ. j. Mckenzie Will drive q large
carryall 70 South Barre Thursday even
ing to accommodate those who desire to
attend the dance. An wishing to go
will please leave their names with Mr..
Mckenzie.
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31
Standing Of Candidates.

The standing of the candidates in the
Times Quaker Range voting contest to
date is:
Class /.
Mrs. Mary MeAllister, Williamson. .675
Mrs. John Tabor, Barre town 1926
Class 2.
Miss Flora Owen, Barre town 49,. 1125
Mrs. G. Macarthur, E. Barre. ..... 1875
Glass 8.
Mrs. Harvey Spear, Chelsea. ...... $50
Glass A.
Mrs. Cora Preston, Marshfeld ~ HOO
Mrs. "a. j. Hough, Groton ...... $50
Mrs. j. NJ. Southwicl1 .......... 100
Miss Flora Bemis, PIainfeld ...... 80
Mrs. l. P. Chase, Plainfeld. 1900. rs
Mrs. Carroll Lamb, Calais ....... .25
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31
Post Cards!

Come in and look at our line
Of Post Cards. The comics are
sure to suit. We also have a
nice line of local ones as we'll as
views from different parts of the
world. They are going fast.
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31
The Only Time You Can Be Made

TO be safe IS when you are safe. You
cannot elect to be insured when you need
Il. II must be taken in advance Of the
need Fire insurance policies are never
written during conhagration, and life in
surance is not for sale inside the ceme-
terry gate. seth year, doing business IN
AZ states,
The National Life Insurance Company
Of Vermont (mutual). Organized in 1850.
S. S. Ballard, General Agent. n. B.
Ballard, Local Agent, Rooms ? and 3,
Miles Block, Barre, Vt.
The Barre daily times. (Barre, Vt.) 1897-1959, 1905-08-31
DOUGLAS WILL NOT RUN.
For Third Time Governor Of Massaehu
sets Declines.

Boston, August 3I.-Gov. Douglas will
not be a candidate for reelection in No
vember. The announcement was made
to the members OF his council at lunch
at Parker's yesterday noon after the
regular meeting Of that body, the gov
ernor declaring that he would not be
a candidate because Of the desire Of bis
family that he retire to private life,
and because of his health. Later the
news was given to the public by Private
Secretary Buchanan.
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

company" to hold a majority Of its
stock, 81 per cent. Form now another
company to hold 81 per cent of the
holding companys stock. An invest
ment of some $130,000 IN the second
holding company will control the
whole business. Now let there be a
prosperous season or two; let the
company lease other companies; let 1t
sell bonds to trust companies and in
surance companies in which Its direc-
tors are interested; and presently ten
men with an investment of less than
$4,000 apiece may be controlling mil
lions.
Let anyone who doubts that such q
preposterous disproportion OF power
to investment Is possible examine for
himself the manner In which the great
Rock Island system Is now con-
trolled.
1t is this kind of thing that makes
people nervous when Lawson threat
ems to tell all he knows. Suppose he
should!
Just for one minute-Suppose he
should!
Observe now the power OF weakness
and the weakness of power. The
System" nervous, stung to anger.
trembling at what disclosure next it
knows not.
And Lawson alone, not notably
great millionaire, but-with an Idea.
He has told that idea, often enough.
There is one power in the country
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13
Why Tom Lawson Is After The Money
ss Powers OF Wall Street.
HAS A GRIEVANCE AGAINST STANDARD OIL"
Fight Shop Men Are His UNLIMITED AieSPerSon-
alites of the Both Sides 49, The War Is Just
Begun--A the Public
Cromwell must have
BY AN Ex-BRoKER.

leaving them. Cromwell must have
mad such presence.
Yet an agile fencer who isn't afraid of
a Presence may lure an impressive man
to defeat. Corbett defeated Sullivan,
for all his eye of set purpose.
Chiefly, Lawson is after" the
Standard Oil people, for reasons. In
cidentally, his attack will injure 9TH
ers whose methods are similar. First,
the Morgan group; after that, the
groups of minor capitalists allied with
the one or the other.
Take New York as example. With
all the vast increase of business in the
city, there are fewer national banks
than 20 years ago. Far fewer big
ones in Wall street. For practical
purposes, there are two groups of al
lied banks-the Morgan banks headed
by the Bank Of Commerce, and the
Standard Oil banks, headed by the
National City, with Stillman, father
in-law of a Rockefeller, as its presi-
dent. These banks are closely allied
with the trust companies, in which the
same men who control the banks ap.
pear again as directors. Thus few
men control the loaning power In the
market. BY calling" in loans they
can at any time produce break
in Wall street. By furnishing money
at low interest-yeur money and mine
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

New York.-Thomas w. Lawson's
war upon the System" is but begun.
At the outset 1t seems an unequal
struggle. Lawson Is man in the
prime of life, possessor OF number
of unusually nimble millions, but he
is apparently without close allies. He
stands alone.
Lawson has in the past advertised
himself by his lavish expenditures, al
ways with the name of Lawson" blown
In the glass He paid $4,000 for new
kind of carnation; he has owned some
of the finest horses in America; he built
a yacht to defend the Americas Cup,
and when he quarreled about her with
the New York Yacht club monopolists
who manage the cup contests, he broke
her up and made medals out of her
bronze for presentation to the public.
Lawson is generous, prodigal-yet a
Yankee.
The System" is hydra-headed. For
Mr.. Lawson's purposes 1t is led by
Standard Oil-that little knot of
financitrs who, beginning with a $780,
600 refining plant in Cleveland, have
encircled the world with a power be-
side which the Rothschilds' is a toy;
who have as secure a grip upon the
oil trade of Japan as of the United
States; who with their German allies
control the oil trade of Germany; who
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

to great international concerns like
Kuhn, Loeb q Co. and the Speyers.
Is he now Lawson's enemy? Ally of
course he is not. That would not do
But-enemy?
l only know this: Day after day
Lawson was clipped off" by the bears
as about to attack Steel. The tip was
never good.
For Lawson's purposes, Steel is not
so vulnerable as Copper. Its strength
is in its admirable reports. Anyone
can know at any time how badly or
otherwise the company is getting
along. There is no mystery. Amalga-
mated's management is secret, cir
cumstance more favorable to bear
raids than to bull operations. The
thing is ION a two per cent. basis" ="
That is all we can know about it, but
conjecture may busy itself with the
actual value of property sold by
shrewd Marcus Daily to the Standard,
vastly watered by these hydraulic ex-
perts, sold to New England school
marms at 100, subsequently beared
to away below so, month or more
ago up 10 90 dBdlll- w udI Is IL WOIlu !
Who knows?
Lawson Has "Hit It Right"
Lawson has "hit 1t right" That is
why he has the ear of the public.
Seven months magazine articles have
been merely preliminary to his main
attack. They were like the patent
medicine mans "patter" on the street
before he sells the Universal Pain
Eradicator. He is getting attention.
He was only getting attention when
in early December he broke the mar
ket" and tipped over applicants care
fully loaded for months.
There Is a useful myth in Wall
street, called "re-investment" 1t is
very simple. Most dividends are pay
able January l and July 1, and lambs
are kept aware Of 1t. They are told
that at these periods rich men who
draw large dividends always reinvest
part of them, which drives prices up
AS If rich men were so fond of paying
high prices instead of waiting a few
days! The plot was made to unload
on the public this December on the
old cry of "re-investments." They
were to be dragged in to buy in De
cember in anticipation of January
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

mainly bulls and 1t is his business
sweet business!-to break them. Nine
customers out of ten are loaded up
on the long" side, with only a three
point margin between them and loss.
Take a dry goods clerk who invests"
ten dollars in a stock, at time like
last September. The stock keeps go
ing up and at every raise the poor
fool puts his paper profits back into
more stock at the same margin. He
does not put in any more cash-an-
other ten dollars looks so small when
he is carrying line" of perhaps hun
dred shares. Along comes Mr.. Law
son with his thunderbolt! What is
the bucket-shop mans policy? Obvi-
ously to go into the market with his
own customers money and sell-help
the bear reaction" In every reac-
ton of Wall street history bucket-shop
men have helped. And their clients
have lost their ten dollar stakes-or
larger, as the case may be. That is
worth remembering.
At reputable brokers' firm the
least margin accepted Is ten. points"
ten dollars per share. In troubled
times careful broker demands 20
points" upon "gilt-edged" stock.
Even then a customer may be Cleaned
out" within few weeks unless he is
gambling is more dangerous the better
the stock one CANDLES upon. odd as
that may seem. In a time when all
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

before the break Wall street knew
went short" covering later at sub
stantial gain at the expense of his foe.
The advertisements by which he
fought cost about $4,000, a trifle IN
comparison with the possible gains.
Any warrior must have the sinews OF
war. Apparently all Lawson has to
do when he wants money is to jump
out from behind the fence, say "Boo!"
and gather up what is left behind by
the other fellows in their fight.
He may say "Boo!" once too often
and get the worst drubbing of his life.
You never can tell.
Nothing Like the Truth.
There's nothing like the truth to
frighten people. Lawson has the audi
ence because what he says jibes with
facts that everyone knows. He criti-
cises insurance methods and backs 1t
up by extracts from an insurance su-
perintendent's report. He tells the
story of the Delaware receivership of
Bay State Gas, and all the men con-
cerned in that strange proceeding
, tumble over each other to tell their
stories. He brings in Jim Keene's
name, and Keene admits having
manipulated s22,Oo0,00O worth of
Amalgamated stocks for insiders-ap-
parently remainder" they got
caught with" when they made the
first unloading"
He told the truth as to the manner OF
Rogers acquisition of the New York
Commercial as a Standard Oil and
Amalgamated Copper organ.
He told the truth to Col. Greene.
have kept that marvellous incident
for the last because 1t gives the key
of this mans power. When Greene is
sued his famous midnight message py
advertisement his language meant
murder. Greene Is man who has
mined copper. He has four notches
on his pistol stock. Two days later he
went to Boston, met Lawson, talked
seven hours. What magic did Lawson
use with Greene? Just the truth.
Just told him how, because he tried to-
sustain the stock of his Greene Cop
per company in general decline
he was loaded up with 1t from every
source until his banks-oh, those
banks. controlled by the very people
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

because the temptation is too
great; some day ruin OF appalling pro
portions might be wrought by an am
bilious man who overdid things and
impaired an insurance company's
assets.
because the System" gives a
few men the power, even If they do
not impair the credit of their insur-
ance companies, banks and trust COM
panies, to use the peoples money to
make power elsewhere, until power
becomes unlimited
How the "System" Works.
Suppose company with a capital
of $1,000000. Form now holding
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

BOOM" People with memories know
that last January prices dropped.
For months the market had been
boiling with wash sales" The word
of the System" was passed that
money for margins would be kept
cheap, and that there was plenty
Three million share days" were
promised. Such day would mean
the sale of $500, 900, 900 of securities in
one exchange Of one city in one day!
What are wash sales?" A broker
may make only legitimate sales and
purchases. But there's nothing to pre-
vent a man or a pool" from giving
selling orders to one broker and buy
ing orders to another for 10000 shares
each. If this is done through an ex-
change member the commission is
trivial. Thus prices were gradually
worked up by an appearance of activi-
ty, step by step, for four months, the
public occasionally taking few
shares, but the transactions in the
main all speculative. Wall street was
ready for the killing"
You remember the story of the man
who tried to give his horse medicine
by blowing it down his throat with a
long tube. The "hoss blowed fust. "
That happened this time.
Lawsons great advertisement on
copper set the public to selling in
stead of buying. To prevent the mar
ket from going to pieces like a card
house the System" had to buy-not
only the men for whom Lawson was
cunning, but all those who wanted to
see business good" And yet custom
ers were sold out by bucket-shops and
by the regular brokers'! There's nc
making of omelets without breaking
eggs. Amalgamated dropped "a points
1t has never recovered. or half recov-
cred. People are waiting. St. Paul
went down over ten points 1t is Q
Standard Oil speciality. Pennsylvania
a "gilt-edge" stock, not especially Oily
dropped eight points. That was q
shrinkage of s3600O,000 in Amalga'
mated, or $9,000,000 in Pennsylvania
Other stocks lost in proportion-sev'
eral hundred millions on the whole
list. Not even the best stocks ap
preached the prices they would have
reached had the unloading" process
been carried out upon the public OF
the original plan.
What did it cost Lawson? Nothing
He sold all his own holdings of copper
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

the money of all the country; for
country banks send their surplus to
the city to lie loaned-they can send
prices booming. Stock gamblers sell
dom hesitate to buy a four per cent.
stock, however high, when call money
is plenty at two per cent. Each figures
that he is sharp enough to "get out in
time"
The Life Insurance Companies.
of power to the System. The life in
surance companies.
The three great life companies of
New York have written $4,000 900, 900
worth of insurance-$250 for every
family in the United States. They
have $1,000,v00,OU0 of assets. The
fluid" portion of those assets, the
steady inflow Of hard cash, it is the
duty of the directors to invest. Con-
slider the power of men who control
great railroads, who have their di-
rectors in the trust companies, and
who loom large in the directorate Of
insurance companies also. What a po-
sition from which to float" the bonds
of new trusts and combinations!
The temptation is the greater be-
cause the position of the companies is
so strong. The security of the policy
holder is absolute. If Lawson ever
says otherwise, call him an alarmist,
which 1t Is not a nice thing to be.
The Improvement of public health in
recent years and the constant length
ening of human life is the greatest
asset of the companies. But
Morgan's partner, Perkins, is a di-
rector of great insurance company.
| When Morgan started the ill-fated
Shipping Trust, that insurance COM
pany took a quantity of the bonds of
/ the company. The trust failed from
capitalization, but the bonds are
still carried on the insurance com.
panys books at par. It's easy enough
to call par their price so long as none
of them are tver sold.
1t would be easy to multiply such
cases. Take the kindred evil of con.
verting stock into bonds so that trust
fahds may be used to pay for them
1t Is not good finance.
Such things ought not to be:
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

exercise commanding influence in
three of the six great billion-dollar
railroad systems of this country; who
have wrested the Billion -and-a- Half
Steel Trust from It's maker; whose
surplus revenues flow resistlessly into
new channels of profit and OF power
into the street car and electric light
ing business of New York. which they
control; into copper, into silver, into
pig-iron; most dangerous of all, into
banking and trust company promot-
ing.
Not that Standard Oil owns all
these things. 1t does not need to. A
minority interest, coupled with an al
With power to make or break, a
Standard Oil director In any enterprise
is listened to respectfully.
Fighters lin the Foreground.
Personality makes the fight inter
esting.
Lawson is magnetic. defy anyone
to pass an hour In his presence with
out liking him. His magnetism goes
beyond his presence into his pen. He
has always had personal following
among men who have never seen him.
He is alert in movement and speech,
lavish in expenditure, an adept in ad-
vertising. He knows the weak point
in every adyersary's armor--even to
his personal faults of temper. He
knows, for instance, that John d.
Rockefeller is not a fighter Mr.
Rockefeller has always been more in
sidious than strenuous. Confronted
he has gone around and got past the
obstacle, not over or through it, His
method has succeeded. if you call sue
cess that which he has achieved. He
never meets an attack. Miss Tar
bells great history of Standard oil
has never torn from him one word OF
protest.
Rogers has more blood. He is MOI
unlike j. p. Morgan. Both men arC
pleasant enough when things go theil
way When thwarted 1t is thei
method to be masterfuI. Morgan hai
an eye few men can meet. and of lat'
Rogers has become almost as over
bearing. These Titans bear down op
position. Men breathe easier upoI
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

prices are falling, man who Is load
ed up with miscellaneous stocks must
sell something. He sells that which
will sell best. In Lawson's now ia
nous raid ST. Paul lost more points"
than Steel Common.
Where Does Morgan StandP
Speaking of Steel Common-where
does Morgan stand?
There has been more than suspi-
cion that Mr.. Morgan was not greatly
displeased to see the Standards stand
ard-bearers get drubbing. He went
up against them in the Northern Sc
curities matter and came off wiser
but not handsomer man. He lost
control of Steel to them. He has seen
the primacy in Wall street promotion
go to more conservative bond houses
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

bigger than the System" The Peo-
pie. The people by demanding legisla-
ton can nip the wings of the "Sys-
tenn" The people, whose money the
System" is using, may demand their
money to use otherwise. Where
would the System" be then? Where
would prices be? What would Wall
street do? 1,
Allies, Yet Not Allies.
Lawson will either make one of the
biggest sensations in financial history,
or one of the most laughable failures.
He has no doubt which 1t will be.
AS to allies, he needs none. There
are people who will help him; who
must help him. A red-cheeked Brook
lyn boy, for instance. named Heinze
who for 10 years has made 81 varieties
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-13

of trouble for Standard OIL and made a
great fortune for himself as copper
magnate in Montana, will not weep at
Lawson's campaign.
Every bucket-shop proprietor will be
in effect his ally, without any neces-
sity for an understanding. The most
damaging accusation that can be made
against Lawson is that he is In league
with bucket-shops, because they
profit by him. That he cannot pre-
vent.
Every man in the country with a
dollar to waste ought to know that a
bucket-shop man is always a bear.
Why? Because his customers are