davidaulloa/AmericanStories huggingface dataset:
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
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PASSENGERS DEPARTED {

Il n u u II q h u ID u ID n n ID ID NJ
u ~ II a u VI q u u ID u q II E % u III
Per Maunt Loa for Hawaii and Ko-
ma, July 19.-Dr. F. e. Yoakum, J. X.
Kalanianaole, Mrs. G. Nuzum, A. Abr
ems, Bro. Francis, Bro Alfred, Rev. l..
Hopwood and wife, X. Tachtermann,
Dr.. l.. De Keyser, R. w. Shingle, Will
liam Pfotenhauer, w. C. Achi, Miss E,
H. Bushnell, Miss Elsie M Sanaos,
Mrs. Magoon, f. Dreier, f. H. Kearns,
Mrs. Kamakani, Robt. Lano, Lawrence
Lano, F. McStocker, Thos. White, l..
Chong, Mrs. r. X. Yarock, Mrs. G. A.
Buchanan, Mrs. Jno. Amasin and two
children, Mrs n. Ialasapa and child.
Per stmr. Mikahala. for Kauai ports,
July Is, p. NH. P. Baldwin, G. M.
Cooke Jno. Fassoth, Mans Isenberg,
b. Burns, Rev. e. w. Thwing, T. XII
mishima, * Kimishima, l.. Kimishima,
Il. Yamashiroya, j. Lightfoot, H. 7.
Faye, Miss e. Smith, H. A. Jaeger. A.
Kekua, Judge Perry, e. Howell Geo.
Wan Hoy, A. M. Boyle E. e. Nahum.
Per All. S. S. Nevadan, for San
Francisco, July 1S--Miss Abbie Jones,
Miss Flemming, Mr.. and Mrs. Lowell,
Mr.. Smith, Mrs. c. P. Morse and two
children
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
The Weekly Edition Of the Evening
Bulletin gives a complete summary Of
the news OF the day.
* ~ ID 81 80 81 Ii u "a .! % 81 y u n 81 u

the Supervisors employed men with
out consulting it in regard to their po-
litical standing. They argued that il
the party organization should be kept
on it was necessary that the Republic
can majority of the Board insist on
consulting the committee in the mat
ter of appointments.
The meeting was a very peaceful
pne, it appears. The County Commit
tee members pointed out that they did
not insist in debating to the Board
whom it should appoint and whom it
should not appoint. 1t merely wanted
the Board to consider among the APP
plicants for jobs only those who had
mad the endorsement of the County
Committee. AS long as the candidates
had such endorsements the Board
could pick out the man it wanted
among their number, and the commit
tee would be perfectly satisfied. This,
1t appears, was satisfactory to the
Supervisors, but the ones who attend
ed. have nothing to say about the re-
suit of the meeting for publication, as
they have pledged themselves to sec
recy until the committee can report to
the executive committee of the county
committee at its meeting next Mon
day night.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
First quarter of the moon July Is.

First quarter of the moon July Is.
Times of the tide are taken from
the United States Coast and Geodetic
Survey tables.
Hawaiian standard time is 10 hours
80 minutes slower than Greenwich
time, being that Of the meridian of 157
degrees so minutes. The time whistle
blows at / 80 p. M, which is the same
as Greenwich, 0 hours 0 minutes. Sun
and moon are for local time for the
whole group.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19

Prominent Clubman General Nat T.
James, at one time a militia comman-
der, is suing for divorce The action
was filed secretly some weeks ago
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
CABLE NEWS
Additional Cable News on Page 1.
CARTER HIGH IN HIS
PRAISE OF JAPANESE

Seattle, July Ex-Governor George
Il. Carter says that there is no anti
Japanese sentiment in Hawaii and that
the Japanese there would make desir-
able citizens.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
STEAMER WRECKED
AND MANY LOST

Santiago Re Chile July 1S.-An Ar
gentine steamer in tow near here has
been wrecked and seventeen people
drowned.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
CAPsIzING BOAT BROWNS MANY

Copenhagen, July lS.-Fourteen peo-
pie nave been drowned here by the
capsizing Of sailbOat.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19

@E Fine Job Printing at the Bull.
letin Office.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
VIM. M'K1NLEY LODGE Nos, K.of P.

Meets every Saturday evening at
T:30 o'clock in X. of P. Hall, cor.
Fort and Beretania. Visiting broth
ers cordially invited to attend.
L. H. WOLF, G. C.
E. A. JACOBSON, K. r. S.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
HEAT Kills THREE

New York, July 1S-There have been
three deaths here from heat prostra
tons.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
OAHU LODGE, No. l, K. of P.
HONOLULU LODGE GIG, B. P. 0. E.

Honolulu Lodge No. GIG, B. P. 0.
E., will meet in their hall on King
near Fort street every Friday evening.
By order of the e. R.
HARRY H. SIMPSON,
Secretary.
F. E. RICHARDSON, Z. r.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19
KOREA'S EMPEROR GOES OUT
Seoul, July 18.-The Emperor has alb
dicated.
o~tT~
BORN

STOCKS-July 16, to Mr.. and Mrs. H.
b. Stocks of Wahiawa, a son.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19

Friday, July 10.
Sloop Kaiuani, Hoe, at II a. M,
for Pearl Harbor.
Stmr. Mauna Loa, Simerson, at noon,
for Hawaii ports.
Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-07-19

Thursday, July Is.
Stmr Mikahala, Gregory, for Kauai
ports. 5 D. m.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
URGES TAYLOR
TORETURN To
KENTUCKY
HIS TESTIMONY WANTED
IN CALEB POWERS TRIAL
Governor Beckham Wants His
Republican Predecessor 10
Come Back as a Witness
Against Secretary of State,

Lexington, Ky. Aug. 19.-Governor
y. G. Beckham and Caleb Powers to-
day added their voices to the plea ask
ing w. $. Taylor. former republican
governor. to return 10 this state to
testify in the trial of Powers for COM
plicity In the assassination Of Gov
ernor William Goebel. who was killed
while contcsting the gubernatoriai
seat held by Taylor
Governor Beckham officially offered
Taylor immunity from arrest on the
charge Of killing Gobel il he will re
turn and testify at the trial, and
guaranteed him safe transportation 10
and from Kentucky to Indiana. Tay-
Tor has so far refused to take any ad-
vantage of the offer, saying that he
could not do Powers case any good or
any harm, and that he knows nothing
that could connect him with the crime.
He also intimates that he has doubts
as to the genuineness of the promise
Of the immunity. believing the gov
ernor cannot prevent his arrest
Caleb Powers, in the Georgetown
Jail agrees with Taylor on this view.
saying Governor Beckham could moi
prevent Taylor's arrest but he can
pardon him If he is arrested Powers
begs Taylor 10 accept the offer.
Taylor fed from Kentucky shortly
after Goebel was shot. and he has
since lived In indianapolis. protected
by Governors Darhin and Hawley. His
wife and two daughters have died
since they went there. literally broken
hearted because of the charge against
their father
Powers says his trial will not take
place until after the November elec-
ton, as Governor Beckham will not
appoint the Judge until too late for the
October term of court.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
UNION OFFICIALS CLAIM
SUBSTANTIAL GAINS

New York, Aug. 19.--Daniel l..
Russell. chief of the board of strategy
of the Comemrcial Telegraphers
union, tonight gave out the following
statement.
The second week OF the strike be-
gins with everything In our favor. We
have made substantial gains all along
tho line and the Indications are that
we Will ultimately force the telegraph
officials to concede our demands.
There Is no Immediate prospect OF an
amioable settlement In sight"
AT the headquarters OF the Asso-
ciated Press II was said tonight that
conference had been arranged with
the striking leased wire operators em-
ployed in the newspaper offices, and
strong hope was entertained that
satisfactory adjustment OF the de-
mands Of these men would be reach
ed. Al the headquarters of the union,
however, II was said that little was TO
be expected from this conference. II
WAS pointed out that the conference
not only lacked the official sanction
of the organization, but that opera
tors taking part in IL had been warned
against negotiating with Mr.. stone,
this business being entirely In the
hands OF the national officers OF the
union.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
PRESCOTT, ARIZONA.
COMPLETELY TIED UP

Los Angeles. Cal. Aug. 1g.-The
telegraph situation In southern Cali
fornia and southwestern New Mexico
remains unchanged The Western
Union office here now has forty-five
operators at work in place OF the sew
enty usually employed. This includes
both the day and the night forces.
The only point In the southwestern
territory which remains permanently
tied up is Prescott. Ariz.. where the
c0mpany's property Is said TO be
threatened with destruction, though
mo- actual violence has occurred there
as yet.
The Interference with tho wires of
the Western Union company IL daily
growing less. According to the off
cials nf the company on Saturday an
unknown operator on the Denver and
Rio Grande railroad grounded six OF
the cDmpany's most important wires.
putting them out OF commission for
tho rest Df the day Three OF tlte
grounded wires were transcontinental.
The situation with respect to the
Postal company remains unchanged.
About q dozen operators are on duty
H the place OF the thirty usually em-
pioycd There is little delay TO bust
moss offered however
The striking Los Angeles operators
SIRE patiently awaiting the outcome OF
The difficulty confident Of ultimate
lurrnga
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
NO CHANGE IN
TELEGRAPH
STRIKE
BOTH SIDES CLAIM
TO BE SATISFIED
Broker Operators in Chicago,
Refused Increased Wages,
Join Strikers No Prospect of
Early Adjustment of Trouble,

Chicago, Aug. i9.-There was moth
ing new In the telegraph strike situa-
tion today Both sides still claim to
be satisfied with the situation as II
stands. Some of the messenger boys
who went on strike with the opera
tors have returned TO work.
Developments during the day were
the calling out of number of leased
wire operators In six large brokerage
houses and the issuance OF a number
OF conflicting statements regarding
the progress of the strike by the oft
clals of the union and those OF tho
telegraph companies In which both
sides claim to have the strike won.
The telegraph companies claim that
they are daily increasing the number
Of men at work, and both OF them
had today on the board of trade
larger number Of operators than at
any time since the strike.
Early in the day the union an
nOunced to a number OF the broker
age houses that they would give them
until O'Clock this afternoon TO sign
the revised scale or strikes would be
called Six OF the largest houses In
the city refused TO sign and their men
were called out. This strike order
was generally obeyed. though in one
office three men remained at work
All efforts by outside parties look
ing to settlement OF the strike or an
adjustment OF the controversy have
been abandoned. The contest. to all
appearances has settled down to
waiting game on both sides
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
LOGGER L|CKS JAP
PHOTOGRAPHERS
Finds OrientaIS Taking Pict-
ureS of Puget Sound and
At Once Proceeds to Beat
Them Up,

Seattle. Aug, l9-John Olson. q
logger, found three japanese pho
tographcrs taking pictures on the
sound. smashed their cameras. broke
up all their plates. and then beat the
japanese trio.
The japanese photographers had
been taking pictures around Lumm,
Ories. whitney and other islands In
lower Puget sound and Olson ran
across the trio and demanded 10 know
what they were doing. He was de-
MED an answer and one of the Jap
anese said that as Olson was a
Swede he ought 20 have no interest In
the japanese photographers studies,
and Olson's retort was immediate and
vigorous.
He pummeled the japanese photog-
rapher until he was helpless. broke
his camera and smashed all the
plates He then went 10 the Japanese
camp and cleaned out the rest Of the
party destroying the work Of two
weeks within a few minutes
Olson then started the Japanesa TO-
ward Seattle with the announcement
that he was born in Minnesota an !
invited the three 10 make the asftu {
the basis of international comp'itG-
tiOns.
The three japanese photogr iphers'
have been extremely active. bu' il is|
not believed that any significance g.
attached TO their actions
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20

S. Louis. hur o. THE committee
from the ST. InuI- Aero riuh. uhifh
will have in charge me dIririhir bal-
loon Races tu he held hero bon cuniunr-
ton with the international balloon
races for the jaime. Gordon Bennett
cup October -. has srf October 20 as
the date FOR tho contest. and aTprn-
priated $4,000 for prizes
Tho contestants uili hr divided into
two classes. those using dirIcihlr ball
looms only. and th9ee u.In- acceptance
and other heavier fhau air vehicles nt
any form which has Hn eas Dag az
fF~hment The prize HiI he divided
nnlMnnn The Inn r-..-.-
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
REPEATER MEN DESERT
POSTAL AT ASH FORK

Ash Fork, ArIg., Aug. l9,--1he re-
peater operators employed at the re-
lay office Of the Postal Telegraph
company at this point walked out to-
day. This Is one OF the most impor-
tant offices on the Postal l system out
side of the larger cities. The men
who struck today are all expert cleo
trioians, the class OF men whom 1t is
most difficult to replace. The com
pany. however, claims to have had
men stationed here In anticipation Of
the strike.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
WORLDS CONGRESS or
SOCIALISTS IN SESSION

Stuttgart. Germany, Aug t9-Ilerr
Rebel the German socialist leader at
the opening session Of the internal
tional socialist congress, referred to
the Haywood trial at Boise. which he
stated ended Win the brilliant ac-
quittal of our cOmrade." lie said that
this trial had shown To all the world
that la the United states liberty, law
and Justice exist only on paper. II Is
TO be hoped, said Herr BeheL that
these incidents viii stir up the Amer
lean workmon so that, Ike their Eng
lish comrades, they viii send a good
number of representatives 10 Wash
ington."
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
JAFFA V|S| IS
GOVERNOR
CURRY
WILL GO TO DENVER
BEFORE TAKING OATH
New erritoriaI Secretary
Reaches Santa Fe Where He
viii Take Up Duties of Office
Upon Return From Colorado,

Especial Dispatch 10 the Mornln. journal !
Santa Fe. n NJ. Aug. Nathan
latta, appointed secretary Of New
Mexico by President Roosevelt on the
recommendation Of Governor George
Curry arrived here tonight from his
home at Roswell Shortly after his
arrival Mr. Jaffa was driven to the
residence occupied by Governor Curry,
where conference was held between
Governor Curry Ex-Governor Otero
and Mr. Jaffa.
1t Is reported that Mr. Jaffa will
not take the oath of office as secre-
tary Of state until after a short trip to
Denver, Mr.. Jaffa could take the oath
at once, but IL is believed that he
does not care To take the oath, and
then ask for "A leave of absence.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
JUSTICE WHO FINED
DIPLOMAT ARRESTED
charged with speeding Automobile.
a. Was English Charge
d'AfTaire~.

Lee. Mass. Aug 90 "A uriate Jus
tice Emory CLAY Phelps who caused
International complications when no
compelled Hugh. Gurucy. .ccretary 10
Sir Mortimer burand Ambassador o.
the United states. to pay fine for
automobile speeding tao years ago.
was himself arrested today. charged
with the same offenEc
IN company with former Eoprosert-
alive John ". Casor. brother OF Jus
ticc Pafricius Casey he UHH caught
by Policeman Edward Sf7uwood. ~
Sfockbridgo Nj Casey fHa driving
the marhiuc
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
S0C0RR0 DEFEATS GRAYS,
SCORE FOUR TO ONE
ponents With Latter strengthened
by Uagcrman aud Cook.
Especial Dispatch to the Morning Journal. !

Socorro, ~ NJ. Aug. IA Socorro
defeated the Grays In fast Sunday
game yesterday by score OF four to
one. the game being the closest and
most exciting played by the two
teams this season Hagerman and
Cook officiated as batteries for tho
Grays The game was witnessed by
good crowd
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
VENGEANCE SEEKER GETS
VICTIM AFTER FIVE YEARS
Man Who Fled From italy TO Escape
Marriage Forced Back 10
italy to Die.

Rome. Aug. 19.-An extraordinary
dual vendetta tragedy has taken place
at Nocera, near Naples The story
goes back To a period five years ago.
when well-known wealthy grain
broker. Agostino Buonanno, wooed
and betrayed a bewitchlngly beautl-
ful young girl called Teresina. The
maiden was the only sister OF Antonio
Nillani. who swOre vengeance upon
the destroyer of her virtue.
Buonanno. to escape assassination,
made his way TO New York, whittier
he was pursued by Antonio. who dis
covered his whereabouts and forced
him to return to Nocera 10 marry Ter
esina. The preparations for the we'd
ding were completed when Buonanno
suddenly disappeared. Later II was
learned that he had welded another
Neapolitan girl with whom he had de-
parted for America.
For the second time Antonio cross
cd the ocean. and falling to find
Agostino in New York. he journeyed
from city TO city during a period OF
three years all the time full of a des-
perate resolve TO Kill him when do
nestle griefs brought him home and
for a time the bitter feud between
the Buonanno and Nill8nl families
WAS forgotten Agustino. % is be
lievcd. continues 10 live in the vlciu-
ity of New York
a few days ago. his brother Nicen-
~. went to settle upon au estate near
that nf the Niiiani family A quarrel
arose over dog which had straycd
from Buonanno's tn Nilauis place.
SeizinE q huge hunting knife. An
tonic ran To- meet NiuDeuzp pu the I
road and plunged the knife through Z
his breast with such force the Weap
pa could not bc Withdrawn The !
then seized a scyth. and al- |
most decapitated au uuonending boy /
Of Nincenz0. Antonio cs-
,aped. but has since been captured.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20

Ing io an official return. "a officers
we're killed and e. wounded during
the month ~ Jaiy. and % of the rank
and file killed aus - wounded in
maintaining order throughout the
empire. During the same period ga
persons were exilcd from 81 Peters
burg for political offcnse-
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
RADICAL DIFFERENCE BETWEEN
ROOSEVELT AND BRYAN THEORIES

Charge That President Has Stolen the Peerless Nebraska
Leaders Ideas of Government RidCuIed by Speaker Who
Declares Commoner FavorS Weak and inefficient Admin
stration Founded on FaIIaces- -PoStponemen of Tariff
Revision Until After Election Strongly Urged Suggests Put
ting Few Shining Lights in Jail as Remedy for Trust Evils
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
WAR SECRETARY FIRES FIRST
GUN IN PRESIDENTIAL
CAMPAIGN Of 1908

Taft Outlines Administration Policies Toward Railroad and
Trust Problems in Speech Before Buckeye Republican
Club Points to Rate Bill Growing Achievement of the
Republican Party Under Which Public Enjoys Advantages
Hitherto Unknown in This Country With Even Greater
Things to Follow Its Continued Enforcement
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20

burlington. Ia. AUG IT, wind and
floods have caused great damage iH
the last two DAYS Within lnn miles -
Burlington. which hHr been cut or hy
the wreckinE 81 telephone wires.
InndsIides have blocked traffic an
the - Louis branch ~ the HurlluE-
ton railroad.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
National League.


Washington. Aug. IA telegram
received af the treasury department
Today reports that the revenue cutter
Manning yesterday ran on an unchar-
tered rock near valdez. Alaska. Cap
tain Cantwel added that he would
proceed to Sitka FOR repairs.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
YESTERDAYS BASEBALL GAMES.

Al Cleveland. Cleveland 8. Phlla-
delphla TO-
At Detroit. Detroit g. Boston 8.
A. Chicago. Chicago tC. Washing
ton %
Al ST. Louis ST. Louis 4 New
York Q.
National League.
AZ Brooklyn brooklyn 2. Ctncin-
natl . fpostponcd In tenth inning on
account OF darkness)
A. Philadelphia Philadelphia ?;
81. Louis
Al Boston. Boston TO. Pitishurg Z.
AT New York. New York ?; CHI
raEn
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
Good Eject Of Rate Bill Naturally
Not Shown In Statistics.

The rate law has not been In opera
ton a year, and the beneficial results
from its operations though clear. are
not ready TO be presented in a statisti-
cal array Moreover. the chief benefit
OF the act Is likely 90 be its influence
in discouraging attempts 10 renew the
old abuses and such benefits do not
appear In statistics. The immediate
effect Of the act has certainly been To-
compel railroads 10 regard the com
mission now as the important tribunal
whose views they must follow. They
are manifesting every outward dispo-
sition strictly TO comply with the law
and to avoid prosecution or complaint.
The time has gone by In which the ac-
tion Of the commission can be ignored
L.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
Amendments Against Purchase of
Stock In Competing Lines and Against
Common Directors

A much used means Of eliminating
competition among Interstate lines,
serving the same territory is the acqui-
sition by one company OF the stock In
another and the election OF directors
to represent that stock. This process
Is facilitated by the uncontrolled
power 10 issue securities beyond the
needs OF the company for its legu-
mate business and would be curbed 10y
the restriction proposed. The evil
ought further 10 be directly restrained
by making IL unlawful for an inter-
state railway TO acquire stock IN a
line. This Is a simpler rom
edy of meeting the evil than by re-
course TO the antitrust law under the
Northern Securities case. In addition
To this. competing lines should be- pro-
hibited from having common directors
nr afNgpra
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-20
New Amendments TO the Rate Bill
Needcd--Classificati
Amendment Needed tn Prevent
OVer-CapitaIization.

Recent revelations h1ye emphasized
the pernicious effect of the so-called
over capitalization OF lroads which
aids unscrupuloug aio maninulators
in disposing of railroad securities at
unreasonably high prices 10 innocent
buyers. This evil would not of itself
Justify federal restraint or control be-
cause such stock and bonds are US
ually issued under state charters. The
practice, however. has the tendency to
divert the money paid by the public
for the stock and bonds which ought
to be expended i'm improving the road
bed. track and equipment of railways
into the pockets Of the dishonest ma
nipulators and thus to pile such an
Improbable debt upon a railway as to
make bankruptcy and receivership
profitable In the first business strin-
gency. This result in an interstate
railway necessarily interferes with,
and burdens, interstate commerce. and
iustifies the exercise OF the rcgulativC
power of congress 10 stop the practice.
A railroad company engaged In inter-
state commerce should not be permit
ted, therefore, to Issue stock or bonds
and put them on sale I'm the market
except after a certificate by the inter-
state commerce commission that the
securities are issued with the approval
of the commission for a legitimate
railroad purpose. The railroads that
are honestly conducted would accept
the certificate Of the commission as a
valuable one in the markets of the
world. and only railway stock manipu-
lators who look 10 the floating of wa
tered securities as their best source Of
profit. would have reason 10 COM
plain