Los Angeles herald., 1907-11-13

the Vaccinations of the big criminals
who have so far menaced the nation.
II am positive that this money strin-
gency was planned year ago in Wall
street. Its consummation was delib-
crate and premeditated. After they
found that the only result of their
threats was the hammering down to
small values of their watered stocks
and loss of billions to themselves the
coin sharks of New York resolved to
the vilest methods in crippling the de-
cent business of the country by getting
the actual currency into theirs own
vaults through unusually high offers
of interest to the western and south
ern banks. When they got the ma
tion's medium of exchange cornered
they gave the word and panic was
screamed night and day until the peo-
pie got frightened.
Sharks Beaten
'sBut the clean business men of the
United States have met the sharks at
their own game and have beaten them.
ALREADY the waves are subsiding from
coast to coast, and in a short time nor
NAL and harmonious conditions will
return"
The hustling and popular booster,
who is secretary of the chamber of
commerce, outlined his opinion of the
cause of the present financial troubles
on his return to this city yesterday,
after a visit to the jamestown expo
sition.
Mr.. Virgins spent several weeks in
studying the question in New York,
and he says that wall street now feels
that it has failed in it's scheme to bring
on a panic for political purposes"
Regarding the exposition Mr.. Wig
gins said: jamestown has been a
failure from an exposition standpoint,
but the southerners themselves are
highly pleased with their work. AS
Cor the remainder of the country /
never heard a compliment from an out
slider during the exposition. The ex-
position was good because of the
diversity of interests brought before
the visitors. but it failed because of
the inexperience and lack of business
Judgment on the part of the manage
ment.
Exhibits Incomplete
'It was made worse because of the
unfinished condition of most of the ex-
hibits, and on the day left the expo
sftion was far from being complete.
The display of southern industries was
fine, and the manufacturers and pro-
moters also provided very good ex-
hibits, but the state exhibits outside of
those from the south were poor
position as a whole can be attributed
to the Indifference of the hackers
themselves. The chief officials, one a
governor and the other candidate for
governor ignored their duties to the
exposition shamefully and gave up all
their time to politics.
'"There was not enough enthusiasm
among the people of Norfolk who
never entered into the spirit of the
thing in a way to draw the patronage
of other states and localities.
'iThere are 21, 100000 people living
within a radius of 900 miles of James
town, and yet only 100000 have Wis
tied the exposition so far. The man
ayers lacked push and vim and the
ability to keep things rafting all the
time to amuse the people.
GAS far as Los Angeles and Cali
fornia were concerned can say that
we were perhaps the lucl1iest of all
exhibitors.
Many Admire California
1--WE had good, live, up-to-date shows
and I know that from three to four
out of every hundred visitors expressed
their intention of coming to Los An
geles or California after looking at our
exhibits.
'It is too bad that the Jamestown
exposition failed because the southern
people socially are the greatest hosts
in the world. We were treated with
the happiest hospitality and although
the visitors knocked the exposition
they praised the southerners them
selves.
Los Angeles and California were