The Montgomery advertiser., 1907-07-28
IS NEW YORK MOVING INLAND?

ciety and entertainment, but when 1t 'comes down to the real business of
 gathering commercial data, imforma-
 tion concerning political and economic conditions. business opportunities from
 the standpoint of tho importer and ex- porter. the rights of aliens and the like. New York's interest is far great
 CT than that of the federal capital. It is here that a vast amount of consular
 business is transacted. and for that
 reason the efforts of the United States to improve the quality of its represen-
 tation abroad is receiving the closest
 attention. One of the chief factors
 through which 1t Is expected that the
 service will be improved Is the School
 of Diplomacy and Commerce recently
 established by the George Washington
 University. It has long been known
 that the hero of the cherry tree plan
 ned and hoped for a national educa-
 tional institution at the Capitol. but
 1t Is only recently that movement
 has been started to raise funds for
 the accomplishment of this end.- by
 which. as soon as the plans are car ried out the University will fuldn the
 wishes of its founder With the ap- proval of President Roosevelt and ot- her government officials special em-
 phasis is being placed on the training
 of men for the foreign service. and 1t
 is consequently believed that the Uni-
 versity will play large part in the foreign commercial expansion of the country by providing better trained
 candidates for service. New York hay ing suffered both in temper and in pocket book through the incompetence
 of our national trade representatives
 abroad, halls the new movement with joy.
 
 ing money. Sometimes 1t jokes or
 plays. although in a grim way, A cer-
 tain buyer for 6 brokerage firm. who.
 new to the game, made his initial ap-- peAyance in the street of millionaires this week. received an initiation into the membership of bulls and bears which. although 1t was @ joke. gave
 him all the sensations of the plunge which ordinarily is afforded only by a panic. Hardly had he made his ap-
 from sudden wealth to absolute ruin pearence on the curb market when a
 sudden rise in the prices of certain mining stock became the feature. The
 new buyer bought tens of thousands of shares at such a proflt that at lunch he announced to a few friends that he was going to buy steam
 yacht. a country place and an automo-
 bile. When he returned to the curb af- ter lunch however, the stock had drop
 ped to almost nothing. leaving him to l face a loss of half a million dollars
 and contemplating suicide. Before this idea was carried out. however, his
 friends informed him that the stock had never existed and that all his | transactions were fictitious. It was on- | ly after through explanation that he realized that he was not ruined. While
 this served to show the way in which Wall Street jokes. 1t remained for an incident later in the afternoon to show
 the manner in which Wall Street plays. This was made clear by duel to the | limit. It was fought. however. with huckleberry pies. one contestant re- | ceiving his adversary's charge in the face and delivering his own on the | front of a new white flannel suit. Af- ter 1t was all over the two contestants
 laughed and shook hands. To the or dinary person, however. Wall Streets fun is about as inscrutable as its finan-
 cial methods.
 The municipal courts of New York | have never been looked upon as Q field for money making by the indiv- 1 idual who has no capital. But an ex-
 perience this week indicates that in | them are to be won untold millions by
 some Tom Lawson versed in legal and | Judicial procedure The plea of gull l ty" as a profitable investment indeed | has just become an alluring possibility.
 which by some strange happening has l been long overlooked by legal sharps. Like all great discoveries, this one had a small beginning. The plantif. stolfd German, accused the defendant of "pulling the skin of his arm" throw ing 1t at him and breaking his glasses valued at ten dollars. The court after recovering from it's surprises discover. | ed that the arm was sunburned and | that aforesaid skin did not break the glasses but caused the plaintiff to jump and drop them. The plaintiff states
 his willingness to compromise for the value of the glasses for which the de- rendant was about to settle. when the court announced that If he were prOv- en guilty the fine would be three dol- lars. A great light shone suddenly on | the defendant. After much figuring he pleaded guilty. thereby saving seven dollars. On the principle that a penny saved is two pennies earned,this equal led A gain of fourteen dollars. Lawyer and judge alike were dumbfounded at
 this new possibility of money making. and are now eagerly awaiting the for nation of a guilty" trust.
 To A woman the most interesting tonic in the world is her troubles.