Waterbury evening Democrat., 1907-08-17
WATERBURY EVENING DEMOCRAT SATURDAY. AUGUST 1907

occasion, without consulting her. I put her account in on g sure thing underwriting. wherein she stood to make a profit of quarter of mil lion. but when Bob told her what I had done, she insisted with great dig nifty that her name be withdrawn. After that neither of us dared help her to any short cuts. Bob was deep H impressed by her principles, and. commenting on them, said: Jim, If all Wall street had code similar to Beulah Sands to hew to in their gam bles. ours would be fairer and moro manly game. and many of the multi millionaires would be clerking. while . lot of the hand-to-mouth traders would come down town in new auto every day in the week She does not believe in stock gambling. She has worked it out that every dollar one man makes, another loses; that the one who makes gives nothing in return for what he gets away with; and that the other fellows loss makes him and his as miserable as would robbery to the same amount. Yet she realizes that she must get back those millions stolen from her father, and is willing to smother her con science to attempt 1t, provided she takes no unfair advantage of the oth- CT players. The other day she said to me: I have decided. because of my duty to my father, to put away my prejudice against gambling, but no duty to him or to any one else can justify me in playing with marked cards Jim, there is food for refec- tion for you and me, don't you think"
 I did not argue with him, for. after that Saturdays outburst, I had made up my mind to avoid stirring Bob up unnecessarily. Also, had to admit to myself that the things he had then said had raised some uncomfortable thoughts in me, thoughts that made me glance less confidently now and then at the old sign of Randolph & Randolph and at the big ledger which showed that I, an ordinary citizen of a free country, was the absolute pos sessor of more money than hundred thousand of my fellow beings together could accumulatet in a lifetime, al- though each had worked harder, long CT, more conscientiously. and with perhaps more ability than I.
 As to how Beulah Sands code had affected my friend, I was ignorant For the first time in our association I was completely in the dark as to what he was doing stockwise. Up to that Saturday was the first to whom he would rush for congratulations when he struck it rich over others on the exchange, and he invariably sought me for consolation when the boys upper cut him hard" as he would put it. Now he never said word about his trading. I saw that his account with the house was inactive, that his bal ance was about the same as before Miss Sands advent, and I came to the conclusion that he was resting on his oars and giving his undivided at tention to her account and the exc cution of his commissions. His hand ling of the business of the house show ed no change. He still was the best broker on the floor. However, know ing Bob as I did, I could not get it out of my mind that his brain was running like mill-race in search of some successful solution of the tre- mendous problem that must be solved in the next three months.
 Shortly after the October 1 state ments had been sent out, Bob dropped in on Kate and me one night After she had retired and we had lit our cigars in the library he said:
 Jim, want some of that old.fash. ioEed advice of yours. Sugar is sell ing at no, and 1t is worth it; in fact it is cheap. The stock is well distr.b- uted among investors, not much of it floating round the street. A good big buying movement, we'll handled, would jump it to 175 and keep it there. Am I sound?"
 I agreed with him.
 All right. Now what reason is there for good. big. stiff uplift? That tariff bill is up at Washington. If 1t goes through, sugar will be cheaper at 175 than at 110."
 Again I agreed
 Standard 0ir and the sugar peo- pie know whether 1t is going through, for they control the senate and the house and can induce the president to be good. What do you say to that?"
 70. K.." I answered.
 No question about it. is there!"
 Not the slightest"
 Right again. When 26 Broadway gives the secret order to the Washing ton boss and he passes it out to the grafters. there will be a quiet accumu- lation of the stock. won't there?'
 Cs'-2s Broadway" Is the Wall street ng- ure of speech for Standard Oil" which has its home thcre)
 You've got that right, Bob"
 And the man who first knows when Washington begins to take on sugar is the man who should load up quick and rush it up to a high level. If he does it quickly. the stockholders. who