The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1907-05-09

Dutcnere at the hands or honest men.
Il do not know what you mean,
Bob. What are you driving att"
Never mind what I am driving at.
I ask you whether, If an honest man
knew how to beat Wall street at it,
own game, he should hesitate to beat
it-hesftate because of anything con-
nected with conscience or morals1
You saw what Barry Conant was able
to do to us that day simply by stand
ing on the floor of the stock exchange
and outstaying me in opening and
closing his mouth. You saw he was
able to sell Sugar to point so low
that I was obliged to let go of our
100000 shares at $S,OOO,OOO to $1O,000,-
900 less than we could have got for
them If we could have held them I'M
til to-day. Because of this trick his
clients, the system instead of US.
make five to seven Millions"
Il don't follow you, Bob. I know
that Barry Conant was able to do this
because he had more money behind
him than you"
you think 30, do you, Jim? That
is the way it looks to you, but tell
you money had nothing to do with it.
Nothing had to do with 1t but the
f1endish system Of fraud and trickery
upon which the whole stock gambling
structure is reared. Nothing entered
into the whole business but the trick
cry of Safeguarding as conducted to-
day. It was only question, Jim, of
a mans opening and closing his mouth
and splitting out words. From the
minute Barry Conant came into that
crowd until he left and we were ruin
ed, he showed no money, no anything
that did not show. From the very
nature of the business he could not
He simply said: Sold oftener and
longer than I said Buy He may have
had money back of him, or he may
only have had nerve. God Almighty
is the only one who can tell, for when
Conant was through he was able to
buy back at 80 the $4,000 shares he
sold me at IT'S, the $4,000 that broke
| my back Jim, if I had known as
| much that day as I do now would
| have stood in that crowd and bought
| all the stock he sold at $50, and
would have stood there buying until
hell froze over or he quit; then. I
would have made him rebuy it at $50
| or 1850, and I would have broken him
and all his Camemeyer and STANDARD
OH hackers; broken them to their
| last crime-covered dollar"
Bob, what are you talking about?
It is all Chinese to me. I cannot get
head or tail of what you are driving
at"
Il know you can't, Jim, neither
| could Wall, street if it were listening
to me. But you will, and Wall street
| will, too, before many days go by.
| Now I must be off, I have work to
| do"
| He put on his hat and left me try
Ing to puzzle out just what he meant
Next day the Sugar bulls had the
center of the stock exchange stage
All day long they tossed Sugar from
one to another, as though each thou
sand shares had been a wisp of hay
instead of $200,000-for soon after the
opening it scared to 200. The "sys-
TENS cohorts were in absolute con-
troll, with Barry Conant never a min
ute away from the Sugar-pole, always,
price when they threatened to run
away Oh the up Or the down side
1t was evident to the expert readers
OF the tape that the system was car.
| ry1ng its steed for an exceptionally
brilliant run. Ike Bloomenstein, the
| AVenger Fiend, who for 40 years had
| kept close track of every movement
on the floor, and who would bet any
thing, from his Fifth avenue mans<n
to his overripe boardroom straw hat,
that all stocks and movements were
as strictly subject to the law of aver
ages as are the tides to the moon and
sun, remarked to Joe Barnes, the loan
! expert:
| Cam unit de Keroseners are pud-
ding up egstra dop rails to dot wool
pen deb hat ben pilding since Deb took
Pop Prownlee and Och Rantolphs into
| CAMP. Unless my toCesheet goes pack
on me, for Deb first dime in 40 years.
dere will pc record clip pefore week
from to-tay."
Il am with you there, Ike" an
swered Joe. IF Barry Conants knife
edged teeth ever spelt a KILN, they
do to-day. I just got orders from
| somewhere to drop call money from
four to two and Ealf per cent, and
they have given me ten millions to
drop 1t with and the order is to ia
vor Sugar as 'collat.' Some one is
anxious to make it easy for the bleat-
ers to get the coin to buy all the
Sugar they want. Ike, you and might
make turkey money for Thanksgiving,
If we only knew whether Barry and
his bunch were going to shoot her
up 80 or 40 points before they turned
the bag upside down, or whether they
will bury them ftm 200 to $50. What
do you think?"
II CANT make out, aldo 1 hat vatcn-