davidaulloa/AmericanStories huggingface dataset:
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

guaranty fund proved almost a joke
and Union Traction stockholders were
paid only one dividend. Finally re
ceivers were appointed. The Unior
Traction and West Chicago companies
are in receivership now. This was by
no means all. Stockholders of The
West Chicago company sued the North
Chicago; company. The city Of Chi
cago sued the Union Traction com.
pany for $4,000, 900 and finally poor
car service drove the people to elect
a mayor, pledged to immediate mu-
nicipal ownership" - 49,,
This was in the face Of the Certainty
that corrupt politics and the spoils
system would be made worse by put.
ting into politics the hundred thousand
street car employees. Y certain means
for machine control. ,.
The street car service never waI
good during Yerkes' reign, but has
constantly grown worse in most SEQ
lions of the city by the deterioration
Of cars while litigation on every hand
absorbed 1.-THE big companies. The
hopes of the public were raised by the
purchase last year of two-thirds con-
troll of the $4,000, 900 OF the Chicago.
City railway stock at 5000 a share by
the Morgan-Ffeld-Armour syndicate.
But the decision of. the supreme court:
has depressed City railway securities
nearly SO 1000, 900 and thrown the
M~organ-Field syndicate into a panic
of CONSERVATION for the City Railway
franchises are about to ex-
pire and the 99-year hope has been
blighted.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

cage and the West Chicago and q
tangle of outlying electric lines. The
North Chicago was stocked heavily
and bonded literally. During the
growth of each company Yerkes had
sold part of his stock for many times
the amount of his first investment.
Then the Union Traction company
was organized with $40, OOO, 900 of COM
mon stock and $12,O 600, 900 Of preferred
stock, and 1t leased the North Chi
cago and West Chicago companies.
Its stock was offered to the public and
sold to the Elkins- Widener syndicate,
of Philadelphia, now called the street
car trust" Charles Tyson Yerkes
pocketed $40, 600, 900 of nice hard cash
for the equities in the North and West
side companies from which he already
had made $10,0 0O, 900.
This worked so well he could quick
ly carry out his further plan. BY
paying a dividend on the first dividend
day, he so encouraged the new stock
holders that when he got together his
miscellaneous electric companies he
sold the lot, under the name of the
Consolidated Traction company, to the
Union Traction company, and
took bonds in payment. Bonds looked
good to the public and to Blair & Co.,
of New York, and Yerkes put away
for a cold day 5 1000, 900 more in cash
and securities.
He also sold his interests in the
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

to be for the betterment Of the street
a service, and the advent of the Ell
kins-Widener syndicate into the street
a operation in Chicago was wei
coined from every hand. Even the
newspapers, who had been fighting
Yerkes, served to aid him by their
publicity in the fiotation of the trac
ton stocks. No. conditions could be
more suspicious. ....
Early in the day 1t was learned that
the entire issue Of preferred and COM
mon. stock had been underwritten;
that Chicago and New York. had been
allotted 5 1000, 900 of the preferred and
Philadelphia $4,000, 900. On the stock
exchange North Chicago and West
Chicago, both moved up on the strength
of the general enthusiasm over the
Union Traction deal. No seemed
disposed tohdelve very far into the in
ne~rwOrkings and inner secrets of the
traction situation. For several days
this continued, and Yerkes' brokers
had little difficulty in supporting the
market for the short period necessary
to get Yerkes we'll, out of cover. :
1t was but q month or two after the
flotation hat prices Of the traction
stocks on the stock exchange began to
sag. To the public this was unaccount-
able;. the insiders evidently had be-
gun to realize the untenable founda-
Ion for: the big issue Of securities.
The |99-year statute was already in
litigation, and had been for 35 years,
and the possibility that the courts
might rule adversely. to the contention
of :Yerkes and his attorneys served to
drive the stocks downward day after
day. Six months after the flotation.
the prices were not much more than so
per cent. of those at which Yerkes had
sold his North Chicago and West Chi
cago street railways.
Everyone who crosses Chicago from
one depot to another in a Frank Parm-
alec bus, or who sends his baggage
across in a Parmalee transfer wagon,
be interested to know that
Parmalee was the man who secured
enactment of the 99-year statute which
has been so important. He was the
original street car man in Chicago
back in the days when Lincoln and
Douglas were debating slavery ques-
lions and mutterings of war were
heard. The guns of the civil war were
not yet silent when the measure was
which served Yerkes SO well
md other multi-millionaires so ill.
Uncle Dick" Oglesby was governor
If Illinois, and he evidently saw the
wills in it, for he vetoed the bill, but
t was passed over his veto.
Yerkes loved to fight, but things
we're getting too hot for him in Chi
in 1898, when ne began; the final
blowing process. There was
pen talk of lynching the aldermen. if
hey made concessions to Yerkes, and
more than once Yerkes himself was
threatened. He. BACKED the eye of. one
business man and called the
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

ChicagO.-Like a house of cards
banning with fictitious money values
che towering structure of Chicago trac-
ton securities came tumbling about
the ears of the financial generals OF
Chicago, Philadelphia and New York
ct the word of the United States SUI
creme court.
1t has cost Morgan, Armour, the
Marshall Field estate, and the ElkinS-
Widener street car syndicate and 9TH
ers oyer SIS. 900 900 to realize what
Charles T. Yerkes probably knew
years before he sold his Chicago street
car securities, that a certain legisla-
tive act of the state Of Illinois way
back in 1865, did not, as supposed, ex-
tend the franchises for use of Chi
cago streets for a period of SO years.
At the. supreme courts decision
values of Union Traction stocks fell in
q heap, and Chicago City railway
stocks dropped % per cent. The &C.
eompanying table shows the losses.
The holders of Union Traction COM
.pany stocks looked, after it was all
aver. like boys holding the sticks of
balloons with only a shriveled bit of
rubber at the end of each stick as re-
n1inders of the buoyant beauty they
had bought from the circus day bal
loon man.
In this case. the shriveled bit of rub
Der had cost millions, and the boys
were multi-millionaires. Those who
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07
Facts About Santo Domingo.

Such is the present day situation al
Santo Domingo. 1t is a magnificent
island, one of the beauty spots of the
world, and has the finest climate ever
seen. 1t is inhabited and misruled by
a mongrel population, which, in spite
of many virtues and abilities, is not,
and 1 fear never wilr be, of a type
strong enough and vigorous enough to
control its own destinies and advance
in the paths of civilization of its own
initiative. For its own good, and for
the good of the world in general, it
should be controlled by a stronger ma
ton. 1t knows this, and wants that
nation to be the United States. But it
is superstitious and sees ghosts-and
they always wear the German helmet.
England Magazine.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07
WOULD BE KEPT ALIVE.
Man Waited to Work Would Not Be
Incapacitated for Doing
tho Same.

Samuel Gompers, the reelected chief oil
the American Federation of Labor, wal
pointing out the good that unions had
done for w%orkingmen.
"In France" he said, there are few
unions, and a French bricklayer told rms
the other day that wages were, in con-
sequence, unreasonably low there.
"The bricklayer said with a laugh that
o friend of his in Nice OFT of work,
bought on the Avenue de la Care a news
paper. He took the paper home to his
attic in the squalid Rue Felix, and his
wife, after turning to the advertisements,
Eaid, eagerly:
1.-The very thing! You must look into
this, Marcel. 1t says a man is wanted
at the Palais de la Jetee, and he won't
be worked to death, and will be paid
enough to live on
"The man started.
won't be worked to deathg he NUT
tered.
Yes said his wife; and paid enough
to live on
HE frowned. =
"'Ha,' he said. Some catch about
that" -
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

newspapers blackmail sheetA WhM
the banks called . loan to him ol
a. 900. 600 he told them to loan him
as muchi more. When the banks
scornfullt demanded security for tbs
extra $4,000. 900. ne produced $1,000
600 Of registered government bonds,
and got the money.
/ He then called a loan he had made
to Moore Brothers, the promoters OF
Diamond Match and Rock Island con.
solfdaSion fame. and their suspension
icaused q. panic which closed the Chi
cago stock exchange.
f.. Necessarily, the story of the smash
OF the. values of Chicago Traction Sc
Ifcufities is the story of Charles T..
Yerkes. who died December 20, last.
In New York, deserted by his second
wife. as he had been many years be.
fore in Philadelphia, by his first wife
when he was sent to the penitentiary
On afchafge Of which he later was &C.
Fduitted. He was a broker at 81 and
a banker as his father before him,
before he was 80. He spent a few
years in Fargo, N. D.. and st. Paul,
MINI, before going to Chicago as a
broker in 1883.
But when Yerkes has sold his "bal.
LOOMS" the interest shifts to "the boys
who bought and held them and who
played with them contentedly at first.
Soon troubles began, and troubles
thickened with each month. The
North Chicago and West Chicago com.
panies were not paid the respective IL
and six per cent. rental moneys re-
quired by the leases, the $40, O00, 900
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

Doan's Kidney Pills, with the result
that the kidney congestion disappeared.
and, with it, all the other symptoms.
What is more. the cure has lasted for
eight years"
Sold by all dealers. 80 cents a box
Foster-Milburn Co., Buffalo, N. Y.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07
was paid. On 2 basis Of Sl27 per share.
The stock 10 now selling at about $40

I was paid. on Q basis Of S127 per share
The stock 10 now selling af about SIX
. share. a ! 3&E.u 81 -,
Then came the miscellaneous coliec
ton marked consolidated Traction
and the sale ii of the yswelLwaeered
stocks Of a. score, Of underlying com,
panies. payment In bonds which he
Esold at. 80 cents or the dollar. In
each, case he sold no real. value, and
took In payment something. aubstan-
tial. &lsi ,fNa St*%tU saE ~.
When the balloons GALL were sold.
Yerkes cared not at all how soon the
public discovered that the talk about
the 99-year franchise was but a four
flush bluff which he had expected
would be called some day. -. : :
The bluff got.past Judge -Grosscup on
the federal court circuit BENCH bit
the United States supreme court
calIed'h 1t, and did It In. plain terms.
The SO year franchise was the wind
which had Allied all the balloons: the
sand on which had been, builded the
house Of cards marked with sYetkes'
'fanciful millions: is~f' - ;-Js
The day when Union Traction was
foated was a great day in Chicago:
The event was much heralded from La
Sale street and from the financial In.
situations of the city, who had various
interests In the success Of -Yerkes,
great scheme and combination. The
public accepted it as the dawning Of
a day when they would be released
from a hated bondage Of Charles T:
Yerkes. The uniting of the North
and West traction interests promised
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

aching of the limbs
and pain in the back
and kidneys. Severe
congestion of the. kid
neys followed. Be.
sides the terrific ach-
ing there were whirl-
ing headaches, and I
became Exceedingly
weak. My doctor
could not help me,
and II <1Irpa1 70
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07
It Takes Two.

"Why don't you ask her to marry
you? You can surely afford to marry
on your salary"
That's what l told her, but she said
that she couldn't."-Houston Post.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07
Very Polite.

He-What would you say if I kissed
you?
,She-You don't suppose I'd be i'm.
polite enough to Interrupt you. do yous
--Yonkers Statesman.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07
Overshooting the Mark.

Mrs. O,Brien-Phwat medicine did Mike
find the best?
Mrs. Riley-Divil a know Oh know. He
took so much av it he was sick for tin
days after he got well.-Boston Traveller.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

The trouble about accommodating money
is that just about the time a man begins
to get somewhere near what he wants
he dies and is compelled to give it all up
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

It would be much easier to do the
right thing if people were not generally
ready to take it for granted that you
wouldn't.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

Just about the time a man gets COM
fortably fixed in his ~favorite chair with
the evening newspaper, his wife thinks
of what some caller told her during the
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

Some very prominent f%inanciers have suf-
fered quite as much as humber folk from
getting into bad company.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07
Al Soon az Spring Comes

the need Of Garfield Tea is keenly fell.
This wonderful herb medicine purifes the
blood, cleanses the system, clesrs the COM
plexion and Tsures a natural action Of
the liver, kidneys, stomach n bowels.
Good for young and old, at all seasons.
Il have here a model" said the in
ventor to the manufacturer, "of an ap-
pliance that is sure to have . large sale
if it is pu: on the market"
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07
A COLD BROUGHT IT ON.
Severe Congestion of the Kidneys Soon
curtd by Doan's Kidney Pills.

Richard M. Pearce, a prominent bust.
ness man of 231 So. Orange ST., Newark,
N. j., says: Working nights during
bad weather brought on q heavy cold.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

, Many a nan who would scorn to ac-
eept money is bribed with fattery and
doesn't know it.
The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1906-04-07

a@@8@& a&&"$&Ts&&@a~a
The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1906-11-01
The National W. G. T, y.

The thirty third annual conven-
ton of the National Woman s
Christian Temperance Union open
ed at Hartford, Conn October &c.
Il was called to order by Mrs Lii
liam M. N Stevens of Portland,
Me-, with over four hundred and ff-
ty delegates from all parts of tie
United States present. Delegates
from Austria, japan, England,
Greece. and other countries were
also present.
The feature of the opening SEES
sion was the address of the presi
dent, Mrs. Stevens, who has been
at the head of the organization since
the death, in 1898, of the founder,
Miss Frances Willard.
Mrs. Harriet Wright Brand Of
Illinois, treasurer of the union, sub
mitted her report. It showed total
receipts of SCI, $3.50 and disburse-
ments of $60,75O.6S, leaving a bal
ance of $1,127 81 in the treasury
The Frances Willard memorial fund
total was announced at $5,347.39.
The appropriations paid to superin-
tendents of departments for the
year We're $11, $50. The official pa
pers, the Union League and the
Crusade Monthly, were reported to
be self disappearing.
The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1906-11-01
V ERMONT NE VS..

In personal letter to friend in
We gennes j. w. Ketchum, now a
federal prisoner in Middlebury, an
nounces his intention of writing an
other book in regard to the wreck
ing of the Farmers National Bank.
In the book written few years ago
fictitious names were used but in
the coming story people who were
connected with the defunct institu-
ton will be called by their right
names and additional facts and fig
ures will be set forth. The writer
promises that the public will have
the facts in the case
The steamer Chateaugay has TAX
en- between 1000 and 5000 barrels
of apples this season from Isle La
Motto to Pla'tsburg and it is expect
ed that 1000 more barrels will be
shipped from the island before n,vi
CATION closes. The apples are all
shipped from Plattsburg to the
New York markets and are of fair
quality. The recent high winds
blew many of them off the trees,
bruising them and reducing their
marketable price.
The Vermont Review will mike
its appearance in the January issue,
being ready for delivery about De-
cember 20 next, and thereafter the
first of each month.
The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1906-11-01
Cream Wanted.

The Windham County Creamery
Association will take cream delivered
at South Londonderry station and
pay for same according to average
price received by rs for butter fat
during the month, d,:ducting &c per
pound of butter manufacturing
We make a fancy grade of bu or
and obtain high y than Boston mar
ket quotation fYr same. The aver
age Boston Chamber of Commerce
price for butter last year WAS pa.
Our average price received for but
ter was ::2569: 1885,. ~.
Our patrons in Londonderry will
receive for bdlter-fat about ono cent
above Boston quotation for utter.
And the Boston market USUALLY ms
about one cent above the New Iorh
market
Anyone wishing to try us can do
SO without being required to sign
any thing; we do not expect anyone
to patronize us if it is not to their
advantage to do so. We are
strictly cooperative creamery whose
only object is to benefit farmers, and
we are ready to make butter for
Londonderry farmers on co opera
tive plan whenever we receive
enough cream from Londonderry so
that we can make for less than 3;
1t costs US bout &c. to make butter
from Londonderry, the only expense
being transportation of cream aLl
cost of package
We believe our plan is the Lest
one for farmers of Londonderry, lie
hand separator being the most APP
proved plan of dairying. 1t gives
the farmer skim milk to fe d warm
and in the best possible condition,
and saves time and expense drawing
milk back and forth to skim s.a-
ton.
1t is impossible to run skim sta
ton without expense which must be
paid by some one.
By our arrangement cream will
have to be delivered only twice each
week. We would be pleased to ex-
plain any statement in this advertise |
ment, or furnish any other informa-
ton desired.
L. e. Higgins, Secretary.
Newfane, vt.
The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1906-11-01
For Breeding MORGAN Stock.

Col. Joseph Batlell of Middle
bury, the great authority and breed
er Of Morgan horses, has offered to
III" g Dvernment his S00-acre farm
in Weybridge as breeding station
in connection with the work to be
done in this line in the state by the.
United States government. The
farm is to be decided to the univer-
sity of Vermont and is valued at
$4,000. The offer is conditional
on the proposition of $1,000 year
for ten years and $500 year there
after duIing Col. Battell's life time
The offer was made to Senator
Proctor to be presented to the prop
er authorities, and it is un' erstood
the government will accept the offer
and take a deed of the property.
The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1906-11-01
Six New Lawyers Admitted to
Practice,

An adjourned meeting of the YER
mont Bar Association was held in
Montpelier Friday to permit the six
new lawyers admitted to practice fy
the supreme count, to join.
The successful candidates who
passed the examination held Tues
day, Wednesday and Thursday, are
Murray Bourne of Burlington, Don
O. Butterfeld of Wilmington, Hen
ry B. Cushman of Newport, Guy
B. Horton of Chittenden, Bert L.
Stafford Of Tinmouth, and Phineas
L Weber of Rochester.
Joseph Fairbanks, of st. Johns
bury, passed the examination, but
as he had not been registered for
the required length of time, he was
not admitted, but probably will b
at the January tenn of court.
The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1906-11-01
Over 80 Passengers Lost By Sub
morropoo IF (,orc

By the wrecking of three coach
electric train on the West jersey
and Seashore railroad Sunday aft
ernoon, at least SO passengers per-
ished, and the list may reach a total
of IS, While crossing a drawbridge
spanning the waterway known as
"The Thoroughfare," which sepa-
rated Atlantic City from the main
land, the train left the track and
plunged into the water. The pas
sengers in the first two coaches, with
one or two exceptions, were drown
ed. Up to midnight Is bodies had
been recovered, and it is believed
that at least 25, and possibly so,
more bodies were still in the sub
meged coaches.
The cause of the wreck has not
yet been established. It was prob
ably due either to defective rails or
the breaking of some part of the SUI
perstructure of the first coach. It
has also been suggested that the
drawbridge, which had just been
closed after the passage Of yacht,
may not have properly locked the
rails. All theories Sunday night,
however, were purely speculative as
to the cause. While running at a
speed said to have been moderate
and not unusual, the first coach left
the rails and dragged those follow
ing it over the ties for distance of
fifty feet. Suddenly swerving the
first two coaches plunged over the
side of the bridge into the water,
fifteen feet below. The third coach
struck heavy ahu:ment, broke it's
coupling and for a brief time hung
perilously suspended over the water.
Brief as was this period, oowever, it
gave more than a score If passeng-
ers an oppoi tunity to escape hy the
rear door. Then the car slid off
and followed the other two into the
water. 1t is believed every one in
the rear, or third coach, escaped
alive, although all were more or less
injured.