davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1905-05-16
BILL IN NEW YORK TO
TO STOP GRATING

NEW YORK, May 1e.-Gogernor Hig-
gins has recently signed a bill that is
expected to put stop to the inroads
on the "ttlls" Of salesroeu1s and gar
ages by cTlauffeurs who demand COM
missions for recommending or storing
cars.
tt is an act tffat was introduced pri-
marily IN the interests OF corporations,
1t prohibits the giving or receiving OF
commissions. bonuses, or discounts OF
any kind to employees or servants.
The Washington times., 1905-05-16

First base by errors-Energency g.;
George Washington, 2. Left on bases
Emergency. Z: George Washington, 8.
Struck out-By Lowe .; by Holland. g.
Hunt, Lowe, 2; Prentiss, and Green.
Stolen bases-Green, Thompson, Hyde
Baldwin, Jones. Lowe, Prentiss. BeaII
Holmes. Walsh. aEd Thomas. Double
plays-Thompson to Clayton; Holland TO
Green. Wild pitches-Holland. /; Lowe,
l. Passed balls-Prentiss. 2 I'm
pires-Drs. Hagner and Phillips. Time
OF game-f hour and IS minutes
The Washington times., 1905-05-16

An exchange says that when John
CANCEL returns to New York either An
derson or Chase Will be loaned to Grand
Rapids, to play and manage the Western
club It is hardly likely that Anderson
will be the one to go. Anderson is as
good a ball player as CANCEL any day
in the year.
The Washington times., 1905-05-16
Totals

Calvary Methodist. o 1 O.
Foundry .-.......... 0 o 0 x-4
First base on errors-Foundry. /. Left
on bases-Calvary. 3; Foundry. 5. First
base on balls-Of Ogle, 3; off Symanoski,
1. Struck out-By Ogle, 4; by Symanoski.
.. Two-base hits-O Brien and Bryan.
Stolen bases-Kerr (2). Springsguth, and
Ogle- Double play-Ogle to Donaldson
The Washington times., 1905-05-16
When Joe Machias died In philadel

When Joe Machiaa died In Philadel-
phia, the pugiIistic world lost one OF its
foremost promoters. Joe was first
class match maker, and had some good
men under his managerial wing. among
them KID Carter. Carter is q dead one
now He did not take care of himself
but when he was in his prime he was
next to Joe Walcott, the best welter-
weight in America,
The Washington times., 1905-05-16
BOXING.

Jimmy Britt seemed none too anxious
to go on with Battling Nelson for re-
turn bout, but the aggressiveness of the
Dane in demanding il. would have set
the public down an Britt. if the def were
not accented
The Washington times., 1905-05-16

Tomorrow's game with Fordham Is
the next to last home date for the
Georgetown team. On May q, the Blue
and Gray meets Dickinson at George
town Field and then comes the North
ern trip.
The Washington times., 1905-05-16

Owen Moran, the English bantam
weight, who is in this country. is strong
on the offense. but has a feeble defense
say the Philadelphia scribes. who saw
him fight Danny Dougherty. The Brit
on dropped Danny three times in the
second round, but after that the Pi1ila-
2eiphian gave him as good as he sent
The Washington times., 1905-05-16

SPORTING COMMENT.
BASEBALL.

Carl Lundgren, one Of the Chicago
clubs best twir1ers. and Garland Stahl,
The Nationals manager, were college
mates at the University OF Illinois, and
played on the same baseball team
The Washington times., 1905-05-16

Those six victories over New York
We're just what Jimmy Collins and his
band of pennant ehasers wanted. Now
that the Champs have gotten a good
start watch them climb.
The Washington times., 1905-05-16
COLLEGE ATHLETICS.

Princeton and Columbia vii meet OF
the gridiron next fall for the first tirns
In two years. The game will be pIayet
some time in October.
The Washington times., 1905-05-16

Brains and fast work count as much
as anything in baseball. Take Fielder
Jones. of Chicago White Sox, for in
stance. He is not hitting much, but he
has reached first base about as many
times as any player in the Windy City
outfit
The Washington times., 1905-05-16

In the meet between Chicago and Wis.
consin, the Windy City athletes wor
the easiest kind OF victory. The score
was 103 10 %. The Badgers got only one
first place. No records Were broken OF
endangered. Chicago won fifteen events
The Washington times., 1905-05-16

The runs a player sends over the plate
by his stickwork are not always remen
bered, but the runs he allows the othel
fellows, through an error, are never
forgotten
The Washington times., 1905-05-16

to Randall Hit by pitcher-By Ogie, /.
Wild pitch-Symanoski Umpire-Mr.
shipIey. Time of game-1 hour and Is
minutes.
The Washington times., 1905-05-16

In the dual meet between bfinnesots
and Northwestern, Minnesota scored ar
easy victory over the Purple.
The Washington times., 1905-05-16
Half Sick People

Just sick enough to feel heayy-heeled,
lazy and hstless, to have no appetite.
TO sleep badly, tossing and tulnbling
about sometimes until or 8 O'Clock In
the morning from one side TO the other;
restless and nervous, and to have what
yoa eat feel like lead IN your stomach
not sick enough to take to bed or call
doctor. but just sick enough 10 not know
what TO do.
Ninety-nine times ont OF one hundred
these symptoms are all caused by the
stomach. bowels, liver and digestive
organs. Just think for moment what
babituai neglect of the stomach. bowels
and liver means, sickness instead of
health. nervous and Wakeful instead OF
restful and cheerful. Now, all this can
be remedied In ore night.
The Washington times., 1905-05-16

If Sir Thomas Lipson would enter
the Erin in the German Emperor's race
he might at last carry off first honors.
The Erin has been over the course
enough TO know what the going is like
TOM ROLAND.
The Washington times., 1905-05-16
MISCELLANEOUS.

The Distillers Handicap has been run
at Lexington. KY, the home ef Bour-
bon. II must have been a water wagon
race. Only three starters.
The Washington times., 1905-05-16
SMITHS
Pineapple and
Buiternuf
PILLS
Natures Laxative

viii always work wonders. They viii
regulate the functions of the liver and
bowels, Immediately unload the eonges-
ton, cure the constipation and cleanse
the blood Of impurities.
Anyone suffering from chronic eonsti-
patton, biliousness, sick headache or
liver complaint. can tone up the entire
system, elevate the spirits and again
make life really well worth living by
single weeks use of Smiths Pineapple
and Butternut Pills They win give you
the appetite of youth. Your food viii
agree with You. and sound, refreshing
sleep will wait upon you. They are
Natures laxative, entirely different from
anything you have ever taken before.
These little Vegetable Pills
Cure Constipation,
BiIlousness and Sick
Headache in one night.
25 cents at all dealers. a cure at the
peoples price.
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

Il
TO great international concerns like
Kuhn, Loeb 4 Co. and the Speyers.
Is he now Lawson's enemy? Ally Of
course hs 10 not. That would not DO.
But-enemyf
only know this: Day sftAr day
Lawson was clipped or by the b~ars
as about to attack Steel. The tip was
never good.
For Lavson's purposes. Steel is not
20 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, q cir
cumstance more favorable to bear
raids than to bull operations. The
thing IL ION q two per cent. basis"
That Is al we can know about 1t. but
conjecture may busy itsslf 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
W away OOiOW w. Va hOIC
ago up to So again. What is 1t worth?
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 useful myth In Wall
street, called "re-investment." It is
very simple. Most dividends are pay
able January 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 IL rich men were SO fond Of paying
high prices instead of waiting 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 a January
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

company" to hold majority of its
stock, 81 per cent. Form now another
company to hold 81 per cent. of the
holding company's stock. An invest
ment of some $4,000 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
Sic, 900 apiece may be controlling mil
lions.
Let anyone who doubts that such a
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 1t
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
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14
BUCKING THE SYSTEM
Why Tom Lawson Is After The Money
Powers or MALL Street.
HAS A GRIEVANCE AGAINST STANDARD OIL"
Fgh Are His UNLIMITED
allies Both Sdes-The War Is Just
begun--A norxi the Public.
By AN Ex-BRoKER.

leaving them. Cromwell must have
nad such q presence.
Yet an agile fencer who isn't afraid OF
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 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-your money and mine,
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

New York.-Thomas W. Lawsons
war upon the System" is but begun.
At the outset 1t seems an unequal
struggle. lawson is a man In the
prime OF life, possessor OF a 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
financi,rs who, beginning with $780,
900 refining plant in Cleveland, have
encircled the world with power be-
side which the Rothschilds' Is 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
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

mainly bulls and it is his business
customers out of ten are loaded up
on the long" side, with only three
point margin between them and loss
Take dry goods clerk who INVESTS"
ten dollars in 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 cline" 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 a 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 customer may be Cleaned
out" within few weeks unless he is
prepared to put up more margin. The
gambling is more dangerous the better
the stock one CANDLES upon, odd as
that may seem. In time when all
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

before the break. Wall street knew
that. When he began his war he
went short covering later at a sub
stantial gain at the expense of his foe.
The advertisements by which he
fought cost about $4,000. q trine 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
Brighten people. Lawson has the audi
ence because what he says jibes with
facts that everyone knows. He criti-
cises insurance methods and backs It
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 $22,0O0,o0O worth of
Amalgamated stocks for insiders-ap-
parently a 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 YorR
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 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 a general decline
he was loaded up with it from every
source until his banks-oh those
banks. controlled by the very people
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

the money of all the country; for
country banks send their surplus to
the city to he loaned-they can send
prices booming. Stock gamblers sell
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 to "get out in
time"
The Life Insurance Companies.
have hesitated to touch one source
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, 100000 of assets. q The
fluid" portion Of those assets, the
steady inflow of hard cash, 1t is the
duty Of the directors to 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 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. II 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
Morgans partner, Perkins, is a d.
rector of a great insurance company
| When Morgan started the Inflated
Shipping Trust, that insurance com.
pany took a quantity Of the bonds OF
the company. The trust failed from
ver-capitalization, but the bonds arc
still carried on the insurance com
pany's books at par. It's easy enough
to call par their price so long as none
of them are ever sold.
II would be easy TO multiply such
cases. Take the kindred evil OF con-
verting stock into bonds so that trust
funds may be used to pay for them
II Is not good finance.
Such things ought not to be:
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

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, 100000 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 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. rhus prices were gradually
worked up by an appearance of activi-
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 1t down his throat with
long tube. The ''hoss 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 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 "a points.
It has never recovered, or half recov-
cred. People are waiting. st. Paul
went down over ten points. 1t Is a
Standard Oil specially. Pennsylvania.
a "gilt-edge" stock. not especially Oily,
dropped eight points. That was a
shrinkage Of $36,000.000 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 L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

exercise a commanding influence in
three of the six great billion-dollar
railroad systems of this country; who
have wrested the Billion-and- Half
Steel Trust from its 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
lance with other owners, is enough.
With power to make or 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. I 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 in expenditure, an adept in ad-
vertising. He knows the weak point
In every adversary's armor-7even 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 1t. His
method has succeeded, II you call sue
cess that which he has achieved. liz
never meets an attack. Miss Tar
BELLS great history Of Standard Oh
has never torn from him one word Of
protest.
Rogers has more blood. He is moi
unlike J. p. Morgan. Both men are
pleasant enough when things go tbeil
way. When thwarted 1t Is theil
method to be masterful. Morgan ha:
an eye few men can meet. and Of late
Rogers has become almost as over
bearing. These Titans bear down op
position. -fsa Sceathe easier upon
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

Of trouble for Standard OIL and made q
great fortune for himself as q copper
magnate In Montana. will not weep at
Lawson's campaign.
Every bucket-shop proprietor Will be
in effect his SLY. without any peces-
sity for an understanding. The most
damaging accusation that oan be made
against lawson Is that he is In league
with bucket-shops. because they
profit by him. That he cannot pro
vent.
Every man In the country with q
dollar to waste ought to know that q
bucket-shop man is always a bear.
Why? Because his customers are
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

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 10?
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 II will be.
AS to allies. he needs none. There
are people who will help him; who
must help him. A red-oheeked Brook
Ign boy, for instance. named Heinze,
who for Is years has made 81 varieties
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

l-Because the temptation n too
great; some day ruin OF appalling pro-
portions might be wrought by an am
bilious man who overdid things and
impaired IN insurance company's
assets
a.-Because the System" gives .
few men the power, even II they do
not impair the credit Of their insur-
ancc companies. banks and trust COM
panies. to use the peoples money to
make power elsewhere. until power
becomes unlimited
How the System" Works.
Suppose q company with capital
of $1,000, 900. Form now . holding
The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1905-01-14

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 a 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 OF a wiser
but not a handsomer man. He lost
control Of Steel to them. He has seen
the primacy in Wall street promotion
go to more conservative bond houses'