davidaulloa/AmericanStories huggingface dataset:
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

who had been selling him his stock!
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
1t Nice game for innocent people
IN the country to think they can beat,
after reading, a few circulars pushed
out BY the literary artists of the
bucket-shopsi
s Lawson is a Standard Oil ally turn
ing states evidence What a situa-
ton for the plain people to enjoy,
Everybody.s 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, 900
copies last issue-ali they could print:
they could easily have sold more
and raised the price to Is cents. Law
son makes no charge for his arfi-
cles, OF course. He only wants a
medium to 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 it 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. # the System is
wrong, it should be proved. If it is
right, the truth will come out. In any
case the public will have a chance to
learn that stock gambling is game
for fools
Copyright, 1909, by ". 4. Patterson
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28


Ito great international concerns like
Kuhn, Loeb q Co. and the Speyers.
IS he now LaWsons enemy? Ally of
course he is not. That would not do.
But-enemy?
I only know this: Day after day
Lawson was tipped 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, a cir
cumstance more favorable to bear
raids than to bull operations The
thing is ION two per cent. basis .
That is all We can know about it, but
conjecture may busy itself with the
actual value of a property sold by
shreWd Marcus DAILY to the Standard.
vastly Watered by these hydraulic ex-
perfs, sold to New England school
marms at $50, subsequently beared
to away below SO, a month or more
ago up to Sc again. What is it worth?
Who knows?
Lawson Has Hit It Right"
Lawson has shit it 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 it. 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 paving
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
eember in anticipation OF a January
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

to keep the little pests from you. /
have just been up in the country,
where the mosquitoes are as thick as
fleas on a common cur, and after vain
ly trying to sleep in the house, I got
up and went out onto pile of new
hay and slept soundly the rest Of the
night. was in the open without any
bar or covering, and not one mosquito
came near me.
How do / account for that? Well.
at first l did not know just the rea-
Son, but after trying the experiment
several times I came to the conclusion
that the mosquitoes do not like the
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

boom. Z 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 100000, 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 man or q 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 aetivi-
ty, step by step, for four months, the
public occasionally taking a 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
long tube. The 4shoss bowed fust"
That happened this time.
Lawson's great advertisement on
copper set the public to selling in
stead of buying. To prevent the mar
ket from going to pieces like 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 bueket-shops and
by the regular brokerst There's no
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 It is a
Standard Oil specially. Pennsylvania,
a .giit-edge stock, not especially Oily,
dropped eight points That was a
shrinkage. of s36,00o,00o 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 it cost Lawson? Nothing.
He sold all his own holdings Of copper
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

ing toward the sea. The building was
erected in 1856 and its first keeper was
Albert J. Williams, the husband of Mrs.
Julia F. Williams, the present keeper.
he received his appointment when
Franklin ]. Pierce was president. The
light is fixed white Of the first order
and may be seen II miles at sea. Just
as the civil war was closing, in 1865, Mrs.
Williams was appointed keeper in place
OF her husband, who had died. and she
has had the longest service of any
keeper on the coast. Mrs. Williams has
been away from her post but two nights
IN 81 years, and does not so away in the
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

exercise a 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 cts MAKER; whose
surplus revenues flow resist1essly 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
Banking and trust company promot-
jng.
Not that Standard Oil owns all
these things, 1t does not need to. 4
minority interest, coupled with an al
lance with other owners, is enough.
With power to make OF break, a
standard Oil director in any enterprise
is listened to respectfully.
Fighters in 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 a personal following
among men who have never seen him,
He is alert in movement and speech,
lavish ii expenditure an adept in adj
vertising He knows the weak point
In every adversary's armor-even to
his personal faults Of temper. He
knows. for instance, that John D.
Rockefeller is not 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, il you call sue
cess that which he has achieved He
never meets an attack. Miss Tar
belts great history of Standard Oil
hay never torn from him one word of
protest,
Rogers has more blood He is not
unlike j. p Morgan. Both men are
pleasant enough when things go their
way. When thwarted il is their
method to be masterful Morgan has
al eye few men can meet, and Of late
Rogers has become almost IS over
bearing. These Titans bear down OPP
position. Men breathe easier upon
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28
WOMAN AT LIGHT SO YEARS
santa Barbara Beacon Keeper Has
Missed But Two Nights
IN Her Career

Fol. So years a woman has kept the
light off Santa Barbara. says the Los An
ge1es Times. The lighthouse is situated
about two miles southwest Of Santa Bar
bara, on allow point of land, the light
being 178 feet above the sea. The tower
rises from the center of q small white.
building witt the usual red roof and
green shutters. with a tiny porch open
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

because the temptation is too
great; some day ruin Of appalling pro
portions might be wrought by an am
bilious man who oFerdid 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-
anee companies, banks and trust com
panies, to use the peoples money to
make power elsewhere, until power
becomes unlimited
How the System Works
Suppose a company with a capital
of s1,000,o00. Form now holding
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

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 then2 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 1aughable failures
He has no doubt which it 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 Is years has made 81 varieties
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28
NEW Hay A MOSQUITO CURE
Novel Method to Rid House of Pests
Told OF by a Texas
Man.

A gentleman living in the city. who
occasionaIlr goes into the country for
a day or two. came back from a recent
trip with brand new mosquito rem
edy, says the Galveston News. You
can talk about your screens on the els
terms and buy the best bars for your
bed, but am here to tell you that
there is nothing like new mown hair
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

daytime save on Sunday. when she rides
into town to attend the Congregational
church, of which she has long been a
member. The family came originally
from Maine. When they came to the
lighthouse in 1856 Mr.. and Mrs. Will
lfams had two little daughters. and
while there two sons were born to them
and one child died.
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

hianey fills / told
the readers of this
paper that they had
relieved me OF kid
ney trouble, dis
posed Of a lame
back with pain
across my loins and
beneath the shout
der blades. During
the interval which
has elapsed I have
had occasion to re-
sort to Doan's Kid !;
ney Pills when I
noticed warnings of
an attack. On each
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

smell of new moWn hay, or any hay,
for that matter. No, would not ad-
wise the citizens of Galveston to buy
a bale of hay apiece and spread it out
on their bedroom floors for a place to
sleep, but if any of them have occasion
to go into the country and are driven
out of the house by the pests, let them
make their bed in the hay and III
guarantee that they will get a refresh
ing nights sleep
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

prices are falling, a 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 a drubbing He went
up against them in the Northern Sc
curities matter and came off wiser
but not a handsomer man. He lost
control of Steel to them. He has seen
the primaey in Wall street promotion
go to more conservative bond houses
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28
In a Serious Difficult,
, the man who is carving

see the man who IS carving
Observe his red face, his awkward
ness, his nervous and flustered manner
Is it the first time he has ever ofiei-
ated?
Not at 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 a
Chicago Tribune.
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28

Emu eVeI'y occasion the results Obtained
were just as satisfactory as when the
pills were first brought to nv notice.
4 just as emphatieally endorse the
preparation to-day as I did over two
years ago. !"
Foster Milburn Co., Buffalo, n. Y.
proprietors. For sale by all druggists,
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28
No Round Trims

1t is reported that owing to the losses
suffered at the hands Of ticket scalpers
several Mexican railways have decided
to issue no more round "trip tickets.
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28
Recently Discovered Elem ents

The rare elements recently discovered,
scandium, gallinm and germanium, were
prophesied 80 years ago by Mendelesf,
who christened them PROBATIONARY eka-
boron, ka-aluminium and eka-siIicon.
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28
Short Men Cay,,r,aY,

Bill-Dits you ever notice how many
tall men you meet in a day?
Jlll-No; but I've often noticed how
many short men one meets when he
wants a loan.-Y onkers Statesman.
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28
ALL DONE OUT.

Veteran Joshua Heller, Of 7oe South
Walnut Street, Urbana, ILL.,, says: In
the fail of 1899 after taking Doan's
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1905-01-28
Long Flashes,

Long Flashes.
A fash Of lightning is oftea a mise
long.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06
STATE BOND BIDS
AWAKEN INTEREST
Financiers Discuss the Syndi-
Gates Offer of 10l,83l
is The BID ACCEPTABLE?
Harding, Crawford, Arthur w. Smith,
cobbs and Caldwell Say 1t Is.
Robert j. Lowe Gives
His Views.
is The BID ACCEPTABLE?

The bid of 10lS3l ior alabama 5ia per
cent state bonds. made at Montgomery
Tuesday by the syndicate of bankers
evoked considerable discussion in imam
cial circles yesterday.
W.P. G. Harding, presto Mt Of the flrst
National bank, said:
"All things considered, the bid Is very
satisfactory to the state. The Japanese
loan of $3.50, 900 AZ per mt bonds was
recently sold at S71A. New York city S12
ner cent bonds were sold on $40 pasls'
The bid for the Alabama state 3A per
cent bonds is on a 3.43 basis.
"Goyernor Jelks was very much us
amounted by the bid" continued Mr.
Harding. 'He expected a bid of 100 or lO0
instead of 1o1 S3l. This bid, however,
yields a premium of $150000 and reduces
the interest charges Sl26,000 annually.
"The syndicate that put in this oiu
was composed of Ladenberg, Thaimah "
CO. and Goldman, Sachs & Co., VINO pio
for S34OOyOOO of the bonds with NUMBER
of local banks and their associates wh'
underworld s., 600 of the bid. Ihese
hanks were the First National bank OF
birmingham the Fist National bank oil
Montgomery, the American Trust ana
Savings bank of Birmingham the feo-
ple's Bank and Trust company OF BIT
mingham. the City National OF Selma
the City National of Tuscaloosa the FIRST
National and the w. r.. Rison Banking
company of Huntsville, the First National
ard the Admission National of Admission.
Representatives o. these banks met az
the Hotel Hillman on March . ana aereeo
to make the bid
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06
Steiner Disappointed.
GO X. Steiner said f:

Leo Is. steiner Sdlu,
referring to the bids received by the
governor for the s8,4O3 500, refunding state
bonds, / am rather disappointed in the
bids made by the two syndicates for the
entire issue. These syndicates injected
into their bids the word 'all'' so that
in the event they were not awarded ali
the bonds. they would have the right to
take none This was evidently done with
the view OF cutting out the small bidders
Such course, in my opinion, would not
be fair either to the state or to the bid
ders for small allotments Of bonds.
I'm some instances, the small bidders
offered much higher premiums than that
offered by the two syndicates Take for in
stance the bid of the First National bank
of Tuscaloosa, which bids on $4,000 at
1OS. 1t would not be fair to that bank
nor justice to he state to reject this
bid as 1t Is SCI 90 per bond higher than
the highest syndicate bid; or, In other
words, upon $4,000 bonds. the premium
offered by the Tuscaloosa bank Is s2fG7 50
more than upon the basis offered by the
highest bidding syndicate. / think every
party bidding higher than the highest
syndicate bid should have the bonds
awarded TO him.
at could not have been reasonably ex-
pected by the syndicate bidders that
every one bidding would offer to purchase
the entire issue, for it seems that it
took more than one strong institution
to make a bid upon the whole issue.
/ believe that If the governor would adj
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06
ARRESTED FOR BURGLARY
Ex-Convict Henry SasIey, a Negro
Charged With Burglary.

Henry Easley, a negro ex-convict, was
arrested yesterday morning and locked
in the city Jail charged with burglary.
The officers making the arrest claim to
have conclusive evidence that Easley
has broken into at least twenty offices
about town within the past few weeks.
number Of loan. real estate and law
offices have been burgalrized lately and
it is for these crimes that the arrest
was made.
Some of the stolen goods have been re-
covered and returned to the rightful own
ers. Several guns taken from loan Of
fees had been pawned. These were re-
covered by the police.
Easley has served two terms in the
penitentiary on charges of burglary and
grand larceny.
The officers making the arrest were
Mcdonald, Hamilton Baker, Disheroon
and Bodeker
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06

John P. Lind was elec'.1 building in
spector for the city of Birmingham by the
City Council last night. The position pays
S1s5 per months, and the new official will
assume his duties just as soon as the new
building laws v-hien are now in the hands
of the judiciary committee. are adopted.
This will probably at the next meeting of
the body-two weeks hence.
Mr. Lind was elected on the second bal
lot, receiving nine votes against six cast
for l.. B. Coleman.
: he following nominations were made
for the position.
o. Fisher, by Alderman stockmar; John
P. Lind By Alderman Forney; Henry Al
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06
lCITY COUNCIL GOES ON RECORD
FAVORING OWNERSHIP OF PLANT
JOHN LIND WAS ELECTED
BUILDING INSPECTOR

len. by Aldermen Cooper; L. B. Coleman,
bv Alderman John r. Copeland
Chairman Ward appointed Aldermen
O'Neill and d. R. Copeland as tellers The
first ballot stood: Fisher 2, Lind 8. Allen
2. Coleman 3. None If the candidates
received majority Of the votes cast and
another ballot was taken. which resulted:
Lid 9. Coleman z.
There was come dispute over the result
of the second ballot. Motions and eoun-
te,. motions were made, and verifieation
of the vote was necessary before the Off
cis. result could be announced.
Mr.. Lind has for several years occupied
thu position o. foreman for Evans Broth
ers building contractors
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06
INSPECTION OF GUARD
TAKES PLACE TONIGHT

This is military day in Birmingham.
Officers of the United States Grmy and of
the Alabama National Guard are here
for the purpose of conducting the annual
inspection of the several military organ
izations, stationed in Birmingham and
attached to the National Guard of the
state. The inspection will take place to-
night at o'clock in the National Guard
armory at the city hall.
The inspection will be conducted by
Captain Hase and Captain Goodfellow of
the United States army. Adjutant General
w. w. Brandon and other officers Of
the Alabama National Guard. Companies
G and K of the Third regiment of In
fantry-the jefferson Volunteers and the
Birmingham Rifes-the Brandon Light
artillery and Troop d of the cavalry
squadron will be inspected tonight To-
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06

morrow night Company B of the Second
regiment of infantry-the Graves Rifles
will be inspected.
The military organizations will be in
spected under heavy marching equip
ment. Then the quarter-masters stor
of the various organizations will be
looked after carefully and notes made
by the officers with reference to securing
additional equipment if needed.
The Brandon Light artillery has re>Nlt-
ly received a consignment of haversacks
and canteens and these will be issued to
the members of the battery for the first
time tonight.
The annual inspections are held under
the terms of the Dick BILL All members
of the several organizations failing to
be present are liable to a general court
martial under the state laws.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06
Other Rankers Talk.

w. w. Crawford, president of the Am
erican Trust and Savings bank, said:
Looked at from all points OF view,
think the bid is very acceptable to the
state: and / believe it will be so eonsid-
cred by all bond dealers throughout the
country. In this connection l might add
that some time ago Mr. w. p. G. Harding
Mr.. Henry b. Gray and | were In New
York, and while there We learned that
New York bond dealers were not inclined
70 bid on these bonds. When we found
this out we decided to interest Alabama
banks in the subject
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06
Caldwell Advises Acceptance.

John NJ. Caldwell, senior member of the
firm of Caldwell e Ward. said:
Il think the bid should be accepted.
Bond dealers throughout the country will
agree that the bid Is satisfactory to the
state"
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-04-06
Notice to Contractors.

Sealed proposals will be received by the
undersigned, until II o'clock noon, We'd
nesday April 49, 1905. for refooring the
Twenty-first street viaduct. The right is
reserved to reject any or all bids
JULIAN KENDRICK,
B-H-eod-to-4-19 City Engineer.