davidaulloa/AmericanStories huggingface dataset:
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 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 a 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 II this IS done through an ex-
change member the commission is
trivial thus prices were gradually
worked mp 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
who tried to give his horse medicine
by blowing IL 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 no
making of omelets without breaking
eggs. Amalgamated dropped q points.
II has never recovered, or half recov-
cred People are waiting. ST. Paul
went down over ten points. II Is a
Standard Oil speciality. Pennsylvania,
a "gllt-edg stock, not especially Oily,
dropped eight points. That was a
shrinkage OF $4,000. 900 in Amalga-
mated. or 100000 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 on
the original plan.
What did 1t cost Lawson? Nothing
lie sold all his own holdings OF copper
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

before the break Wall street knew
that When he began his war he
went short covering later al SUBJ
stantial gain al the expense OF his foe.
The advertisements Dy which he
fought cost about $50 600 a trine IN
comparison with the possible gains.
Any warrior must have the sinews OF
war Apparently all Lawson has 10
90 when he wants money Is 10 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 20
brighten people Lawson has the audi
ence because what he says jibes with
facts that everyone knows He criti-
cises insurance methods and backs IL
up by extracts from an Insurance SUI
perintendents report He tells tbs
story OF the Delaware receiyership OF
Bay State Gas, and all the men con-
cerned in that strange proceeding
tumble over each other to tell their
stories lie brings in Jim Keene's
name and Keene admits having
manipulated S22,O00,O0O worth OF
Amalgamated stocks for insiders-ap-
parently remainder" they got
caught will" when they made the
first unloading"
lie told the truth as TO the manner OF
Rogers acquisition Of the New York
Commercial as Standard Oil and
Amalgamated Copper organ
lie tod the truth TO Col Greene.
have kept that marvellous incident
for the last because it gives the key
of this mans power. When Greene is
sued his famous midnight message By
advertisement his language meant
murder Greene is a 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
I he was LOADED up" with it from every
source until his banks-Oh. those
banks. controlled by the very people
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

exercise a commanding influence in
three Of the six great billion dollar
railroad systems OF this country: who
have wrested the Billion and-a-liali
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
lng business of New York. which they
control. into copper into silver. into
plg-iron. most dangerous of all. into
banking and trust company promot-
ing
Not that standard oil owns all
these Things. II does not need to A
minority interest, coupled with an al
lance with other owners. is enough.
with power 70 make or break,
Standard OH director in any enterprise
Is listened to respectfully
Fighters in the Foreground.
Personality makes the fight inter
esting.
Lawson is magnetic defy anyone
20 pass an hour in mis- presence with
ont liking him. Ills magnetism goes
beyond his presence into his pen. lie
has always had a personal following
among men who have never seen him.
he Is alert in movement and speech,
Iavish Ia expenditure, an adept in ad-
yertising. lie knows the weak point
n every adversary's armor-even to
his pcrsonal faults Of temper. He
knows. for instance, that John ID.
Rockefeller is not a fighter. Mr.
Rockefeller has always been more in
sidious ,han strenuous Confronted
be has gone around and got past the
obstacle not over or through H. His
method has succeeded, If YOU call sue
cess that which he has achieved. lie
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 lie is not
rnliHe J. r Morgan. Both men are
pleasant enough when things GO their
way When thwarted IL Is their
method TO be masterful. Morgan has
an eye few men can meet. and Of late
Rogers has become almost as over
bearing. These Titans bear down OPP
vSsltlon Men breathe easier upon
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

the money OF all the country. for
country banks send their surplus tc
The city TO lie loaned they can send
prices booming Stock gamblers sci.
dom hesitate TO buy four per cent
stock. however high. when call money
is plenty at two per cent Each figures
that he is sharp enough 10 get out in
time
The Life Insurance Companies.
have hesitated to toucn one source
Of power to the system The life in
surance companies
The three great life companies Of
New York have written $4.0O0.0J0,000
worth of insurance $3.50 for every
family in the United States They
have $1,000. 10000 of assets The
fluid" portion Of those assets. the
steady inflow OF hard cash. IL is the
duty of the directors 10 invest. Con
slider the power Of men who control
great railroads. who have their d.
rectors In the trust companies. and
who loom large in the directorate Of
insurance companies also What a po-
sition from which 10 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 II Lawson ever
says otherwise. call him an alarmist,
which il 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 d.
rector of a great insurance company
When Morgan started the Inflated
Shipping Trust. that insurance com
pany took n quantity Of the bonds Of
the company. The trust failed from
over capitalization. but the bonds are
still carried on the insurance com
nanys books at par. It's easy enough
10 call par their price SO long as none
OF them are ever sold.
Il would be easy 70 multiply such
eases. Take the kindred vii Of con-
verting stock into bonds so that trust
funds may be used TO pay for them.
Il IL not good finance.
Such things ought not TO be:
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

company to hold a majority OF its
stock, 81 per cent Form now another
company 10 hold 81 per cent of the
holding company's stock. An invest
ment OF some $3.50. 600 n 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 it
sell bonds TO trust companies and in
surance companies in which its direc-
tors are interested; and presently ten
men with an investment 0: less than
1000 apiece may be controlling mil
lions.
lie. anyone who doubts that such a
p:eposterous disproporuon OF power
TO investment is possible examine for
himself the manner il which the great
Rock Island system is now con
trolled
Il is tlis 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 W power The
System nervous. stung TO anger
trembling at what disclosure next it
knows not
And Lawson alone. not 9 notably
great millionaire. but with an Idea
lie has told that idea, often enough
There is one power in the country
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

mainly bulls and it 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 a 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 90 into the marAet with his
own customers money and sell-help
the bear reaction" In every reac-
tor of Wall street history bucket-shop
mea have helped And their clients
have lost their ten dollar stakes or
larger. as the case may be. That is
worth remembering
At a reputable brokers' firm the
least margin accepted is ten points"
TEL. -ollars per share. In troubled
times a careful broker demands 90
points" upon 'gilt-edged' stock
Even then q customer may be cleaned
out" witnin a few weeks unless he s
prepared TO put up more margin The
gambling is more dangerous the better
the stock one CANDLES upon. odd as
that may seem In a time when all
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

who had been selling him has stoclIi
called his loans. Then he lost four
millions in twice as many minutes and
the other fellows got his really valu-
able stock cheap Great game. isn't
IL? Nice game for innocent people
in the country 10 think they can beat,
after reading a few circulars pushed
out by the literary artists of the
bucket-shops!
Lawson is Standard Oil ally turn
ing states evidence" What a situa-
ton for the plain people to enjoy!
Everybodys Magazine was bought
on credit mainly from John Wana
maker for a trifle by two bright young
men. They are now selling advertise
ments for $500 a page. printed 725. 0OJ
copies last issue all they could print:
they could easily have sold more
and raised the price TO 10 cents Law
son makes no charge for his arti-
cles. Of course. lie only wants
medium 10 get his points before the
public. All the advertisements Of the
magazine in the daily papers which
have been signed by Lawson he has
personally paid for The publishers
often know nothing about such an an
nouncement until they see 1t in print.
Since Lawson cannot make one
blade Of grass grow where two grew
before, I am inclined to say: Let the
man have his say. If the System" Is
wrong, il should be proved If IL is
right, the truth win come out In any
case the public will have a chance to
learn that stock gambling is game
for fools
Copyright. 1904 By w. A. Patterson.)
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

prices are falling. a man who Is load
ed up with miscellaneous stocks must
sell something He sells that which
will sell best In Lawsons 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 a suspi-
cion that Mr.. Morgan was not greatly
displeased 10 see the Standards stand
ard bearers get a drubblng He went
up against them in the Northern Sc
curities matter and came off a wiser
but not a handsomer man. He lost
control OF steel 10 them. lie has seen
the primary in Wall street promotion
20 to more conservative bond houses
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

bigger than the System The PEG
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?
Allies, yet Not Allies.
Lawson will either make one Of the
biggest sensations in financial history,
or one of the most laughable failures.
lie has no doubt which II 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 IL years has made 81 varieties
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

o. trouo.e for Stsnsarf on ana made a
great fortune for himself as copper
magnate Ia Montana. VIII not weep at
Lawson's campaign.
Every bucket shop proprietor viii 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 Ia .eaguo
with bnckot-shops, because they
proht by him That he cannot pre-
vent
Every man in the country with a
collar 10 waste ought 10 know that a
bucket shop man is always a bear.
Why2 Because his customers are
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

because tne temptation rs TOO
great; some day ruin Of appalling pro-
portions might be wrought by an am
bilious man who oyerdid things and
impaired an insurance company
assets
Because the system" gives a
few men The power. even If they DO
net impair the credit Of their insur-
ance companies. banks and trust com.
panies, 70 use the peoples money u
make power elsewhere, until power
becomes unlimited
How the System" Works
Suppose a company with a capital
OF sl0O0.O00 Form now a holding
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13
In a Serious Difficulty
See the man who Is carving.

Stt Int man Who Is CARVING.
Observe his red face. his awkward
ness. his nervous and flustered manner.
Is II the first time he has ever ofci-
ated?
Not az all.
His rich but nearsighted aunt. who Is
taking dinner with the family, and from
whom he has expectations. has Just
asked him for some of the white meat
The Christmas fowl happens to be .
goose Chicago Tribune.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1905-01-13

The rare elements recently discovered.
scandium. galium and germanium, were
prophesied 80 years ago by Merdeleif.
who christened them PROBATIONARY eka-
boron, elk aluminium and sks-silbop-
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1905-08-18
VERDICT AGAINST
THE MOSQUITO

WASHINGTON, Aug. 3.-The Public
Health Service has issued a circular on
the prevention of yellow fever. The
directions given look to the suppress
sion of the mosquito as the only means
Of preventing it's spread.
mo mosquito, no yellow fever" is
the motto in big black letters at the
top of the circular. The document
continues:
The infection of yellow fever is car
ried by mosquitoes and by no other
take the disease by being bitten by
mosquitoes that have bitten yellow
fever patient. The mosquitoes, to be-
come infected, must bite a yellow fever
patient during the first three days Of
the attack. The first three days, there
fore. are most important time for pre-
venting the access of mosquito to a
fever patient. 1t is often difficult to
decide during the first three days
whether patient has yellow fever,
hence the necessity in threatened COM
munities of placing a mosquito bar i'm
mediately around every patient who
has fever of any kind, and for three
days at least.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1905-08-18
CHARLES FREETH IN AN
EXCITING ADVENTURE

were afraid that there would be a Sec
ond drowning accident right there. Dan
Moore and other men got out the life
line, and others went out to where
Prentice was struggling and rescued
him just in the nick of time.
"All of US were keyed mp to the
highest pitch of excitement about
Freeth, and there was a feeling of re-
lief when three men went out and
got hold. Of him, and we pulled on the
line, bringing them to shore. Freeth
was so exhausted that he tainted, and
when he recovered he seemed to have
temporarily lost his senses, he was 50
stricken with remorse and grief. He
wanted to go out again into the surf
to find Dayton, and 1t was all strong
men could do to hold him.
Mrs. Dayton was not on the beach
when the accident happened, but am
told her sister was. Miss Dayton was
present before her brother went into
the canoe, and tried to persuade him
not to do so, on account of the dam
GER but he went out with Freeth. The
body had not been recovered when /
left the beach, about 4:3o p. M"
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1905-08-18
MORE EVIDENCE.
1T rs COMING IN RAPIDLY IN
HONOLULU.

Evidence on the following subject
will prove of interest to every Homo
lulu reader. So many people go through
the same experience daily. This pub
lie statement should be proof positive
to every wavering doubter. Read it
carefully.
Charles Comey, of Cyclomere street,
this city, one of the many persons who
have tried Doan' 8 Backache Kidney
Pills with great advantage, relates
his experience thus: 81 have been
hack driver for number of years past
and this is an occupation in which,
through exposure to weather and much
jumping up and down from the vehi-
Gle, one is particularly liable to kidney
complaint. l suffered myself from a
lame back for a long while, and in my
anxiety to get rid of it tried several
things w..4ch did not reach the root
of my trouble. An advertisement ac-
quainted me with what grand work
Doan's Backache Kidney Pills were
doing, and / got some of them at the
Holhster Drug Co. IS store. 1 used
them and with very much profit, for
they reneve,. my back wonderfully
Doan's Backache Kidney Pills are
for sale oy all ,ealers or sent by mail
on receipt of price, so cents per box,
by the Hollister Drug Co., Honolulu,
wholesale agents for the Hawaiian Is
lands.
Remember the name, Doan's, and
take no other.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1905-08-18
COURT ITEMS.

William Savidge, guardian of the
Phillips minors, has fled an inventory
showing that their property consists
of three pieces of land at Kahaluu,
Koolaupoko, Oahu, containing an area
of 5.97 acres and valued at $1,000. M.
t. Simonton, P. II. Brunette and J. H.
Schnack are appointed by Judge
Robinson appraisers to serve without
compensation.
Judge De Bolt declined to hear a
motion to enter satisfaction in the case
of Elizabeth X. Pratt VS.. Y. Ahin Com
pany, being under the impression that
it was a term matter. G. w. Ashford
appeared for plaintiff, and d. L. With
ington for defendant.
Judge De Bolt signed a decree of
divorce in the suit of Nina L. d.
Frasher against Charles E. Frasher,
awarding the custody of the two chill
dren to the plaintiff.
Judge Robinson granted divorce to
Susan X. Nye against J. II. Nye, with
custody of child to libellant.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1905-08-18
SELF CURE NO FICTIoNI

MARVEL UPON MAXWELL NO SUFFERER
NEED NOW DESPAIR, but without running \
Doctors bill or falling into the deep ditch OF
quackery. may safely. speedily, and economic,
ally cure himself without the knowledge of q
second party. BY the introduction OF the New
French Remedy, ITERATION, n complete
revolution has been wrought In this depart
ment Of medical science, whilst thousands ha We
been restored to health and happiness who for
years previously had been merely dragging out
miserable existence.
THERAPIoN No, in q remarkably short
time, often a few days only. effects a cure,
superseding injections, the use OF which does
lrreparable harm by laying the fundation Of
structure and other serious diseases
THERAPI0N No. 2, for impurity of the
blood, scurvy, pimples. spots, blotches, pains
and swelllngs of the Joints, govt, rheumatism.
secondary symptoms, etc. This preparation
purihes the whole system through the blood.
and thoroughly eliminates all poisonous matter
from the body.
THERAPIoN No. s. for nervous exhaustion,
impaired vitality, sleeplessness, and all the dis
tressing consequences of dissipation, worry.
overwork, etc. II possesses surprising power
In restoring strength and yigour to the dehilI'
lated.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1905-08-18
WILL WORK
FOR HAWAII

Luke Martin. one OF the most promi-
nent members of Mecca Temple, Mystic
Shrine. of New York City, passed
through Honolulu yesterday on the
Ventura on his way to the States from
Australia. Mr.. Martin was in Homo
lulu for the third time and is one of
the most enthusiastic men In his belief
that no other place I'm the world affords
$50 many opportunities for enjoyment
as does Hawaii.
DR.. NJ. e. Grossman, Potentate of
Aloha Temple, entertained at luncheon
at the Young Hotel for Mr.. Martin, in
Wiling number of prominent members
of the local Temple. The question of
the pilgrimage next year of large body
of Shrfners to visit Hawaii at the con-
clusion of the Imperial Council conclave
to be held in Los Angeles in May, was
the subject of discussion throughout.
Mr.. Martin assured DR.. Grossman
that he would do all in his power to
assist in the work. The plans which
are now in the making for the proposed
visit, were most heartily approved by
Mr.. Martin.
One of the first points brought up by
him was that which has caused the
greatest anxiety among those who are
interested, and that is the matter of
transportation. Mr.. Martin said that 1t
would be necessary to be able to give
every assurance on this subject before
| 1t could be expected that men with
heavy business interests would take
the risk Of coming such a distance
without being given some assurance
that they could return on a set day
Mr. Martin on his way across the con-
tinent will stop at st. Joe, Mich, to
interview the present Imperial Poten-
tate of the order and endeavor to Sc
cure his promise to head the party.
His deputy, who will be the potentate
elect next year, should the plans for
the pilgrimage succeed, likewise will be
visited by Mr.. Martin, and not by any
means the least important person
whose interests may be enlisted, will be
Mr.. George Miller of Mecca Temple, one
Of the most important members of the
order in the United States, who may,
If he decides to come, be able to influ
ence very many of his fellow Shriners
to make the trip.
Altogether, DR.. Grossman feels that
the visit Of Mr.. Luke yesterday, who
brought letters to the local Shriner Po-
tentate from some of the most promi-
nent men in the United States. will be
fruitful, and that the cause of a
tropical pilgrimage has been materially
strengthened.
! DR.. Grossman sent away in the Ven
i fIlra po,In1n Of coOra Of 1attera tho
commencement of the campaign, and
when he has completed his list of per-
sonal solicitation, the sending out of
Hawaiian literature will be started and
continued each month until next April
The printed matter of the Hawaii Pro-
motion Committee will be put in en-
velopes on which will be printed "On
Business of Aloha Temple" so that
every Shriner receiving he same will
know 1t is an official invitation