davidaulloa/AmericanStories huggingface dataset:
Watson's weekly Jeffersonian., 1907-10-24
WHY WE HAVE MONEY PANIos.
PAGE FOURTEEN.


be because there are certain human
animals who are hogs in spirit and
actions, and these animals bring
them about.
The purpose Of this brief article
is to show how these animals do the
mischief.
What is in fact gambling Of the
very worst kind, but which in these
modern days we thinly disguise by
calling it speculation" is the me-
dunn through which every panic ORR
ginates. Men have always "specu-
lated" to some extent. In olden
times the merchant would buy grain
and hold it for a rise, or another
would buy land and wait for it to
appreciate in value, but the idea OF
speculating in something not actual
ly possessed was entirely unknown.
Margins had not been invented.
The nineteenth century showed a
greater commercial growth than all
previous history can show. A COM
petent statlStlcian estimates the in
crease of the foreign CONNER ce of
the world during that century at
1888 per cent. The imports into
Great Britain are said TO have in
creased 7,4OO per cent in the one hun
dred years last past.
This tremendous growth has given
the human hog his opportunity. The
volume Of money has net kept pace
with the increase In volume OF bust
ness done, hence an eyer-increasing
proportions Of the worlds business is
done with cheeks and bills of ex-
change, which are used as substl-
tutes for actual money, and an ever
increasing proportion is done Oh
credit.
Under these conditions the "specu>
lator" has found it easy to put Ill
operation his system OF dealing Ill
stocks, bonds and commodities OH
margins"
Without conscience, ard richly en-
dowed with nerve, he has found 1t
comparatively easy to demoraize
people anxious TO get rich quick, and
to seduce them into the belief that
he offers Legitimate proposition.
Now, it is true, that if speculation
be eliminated, the transfer Of COM
modities from hand to hand would
never produce panics, because there
would In every case be the dollars
worth of stuff In hand, but when
speculation enters the game all this
Is changed. The speculator who buys
or sells 1000 bales of cotton does not
possess the actual cotton, hence if
the bank lends him money it takes
the chance ON his contract" proving
lucky buy or sale. AS all these gen.
tlenen use banks, and as they buy and
sell the actual cotton crop fifty times
owe reach year, it can readily be seen
to what extent banks may become
concerned in speculation.
Then comes the speculator in stocks
and he puts up to the bank certain
stocks as collateral for the money he
Watson's weekly Jeffersonian., 1907-10-24
The $500 Offer

was never intended could
De charged The the
subscriber to subscribe to both time
From this date the $500 Jenersonans will be for
tne voluntary subscriber COM
missions At all can be paid
October o. 1907.
Watson's weekly Jeffersonian., 1907-10-24
Clubbing Offer

DIXELAND,
The Illustrated Magazine of the South, and
WATsoN's JEFFERsoNlAN MAGAZINE
Both at $17s No commissions on Offer
DixIELAND MAGAZINE WATsoNs WEEKLY JEFFERso
MAN Both at $1.25 No sona
D'xiElAND MAGAZINE WATsoNs Monthly, WATsoNs
Weekly. all three for $215. No Commissions.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

J. E. sHAFFER & co.
112 EAST SIXTH STREET.
TOPEKA, KAN.

/ so acres 81 miles from Topeka, good
| rich land, 80 acres in cultivation. 10 acres
timber, balance pasture. plenty of good
water, good room House, large barn,
5000.
so acres miles from Topeka, good land,
60 acres in cultivation. acres in wheat,
10 acres in alfalfa, 20 acres pasture, plen-
ty of good water, fine orchard. good I
room house, large new barn. Price 81 10O
% acres IL miles s. ~. of Topeka, near
ly all good pillow land. so acres in cultiva-
ton, balance pasture with fine running
spring. room house, barn, orchard, rents
for s175 per year. Price 5000.
100 acres 10 miles from Topeka, miles
to r. R. station. good land. 1-S good bot
tom land, so acres in cultivation, balance
good pasture, plenty of good water, orch
ard good room house. large barn. Price
5000.
We also have some excellent bottom
farms and some very fine small tracts
near Topeka. It will pay you to call and
see US.
SMALL TRACTS
10 acres miles out, fine location, extra
fine room house. large barn, orchard,
$500.
10 acres ~ miles out, fine high bottom
land, good room house, large barn, orch
ard. 5000.
acres q miles out extra fine bottom
land, on paved road. good 6 room house,
barn, $1,000
IL acres miles out, splendid land,
room house, barn, orchard, all new build
ings, $500.
CITY PROPERTY
11k lots West St, fine location. room
house, good barn, cellar. well, cistern,
sewer, gas. rents for SIS per MONTH; "
cash. Price $500.
1s4 lots Brooks ave-, good room house,
cellar, gas, well. cistern, barn, rents for
$3.50. Price 81, 300.
lot, good room house, Locust street,
cellar, well, cistern, gas, rents for $40.
Price 81, 100.
lots and houses Chestnut ST., one
rents for IS and one for $40. Price $1,000.
13s lots E. Sth ST., good new modern
room house, rents for So Price s., 200
You will save more il you call and see
us before you purchase.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

elry store at S27 Kan. ave-, at cost dur
ing the day. AT night will auction as
advertised. A. M. Cross, jeweler, 827
Kansas avenue.
Rev. T. c. Peterson Of Massillon,
Ohio, may be called to Topeka to sup
ply the pastorate of the North Topeka
Baptist church which is now vacant.
Rev Mr.. Peterson has a wide reputa-
ton as a lacturer. He has accepted
the Invitation of the congregation to
serve during the month of November
a;ld will preach his first sermon on
the morning of November 10. on "Soul
Hunger" A committee has been APP
pointed from the church for pulpit
supply and Rev. Mr.. Peterson is one
of he first of the out of town pastors
serve.
j. R. S. cigars are always right, as
they are made by the most skilled men
and of the finest tobacco.
Mr. and Mrs. w. w. Reed have re-
turned to their home in Kilmer after
visit with relatives in Ohio.
Mr.. William Kemp and wife of
northern Shawnee county were trading
on the North side today.
Mr.. Art johnson. Mr.. Meade John
son and Mr.. L. Tanning were the North
Topeka visitors from Granville today.
The funeral services of A. E. CURE
will not take place until Saturday
afternoon. The family received a tele-
gram from his daughter and she can
not get here until late Friday evening
and on that account they have post
poned it, The funeral services will be
at o'clock at the Prairie Home
church.
Mr.. Theodore Forbes, who has been
very i'll with fever for the past few
weeks, is slowly improving and will be
able to be out within few days.
Mr.. and Mrs. Doel of Kilmer were
trading in town today.
Mrs. Frank Lambert will return to
her home in Bellevue Friday evening
after few days visit, the guest of
friends and relatives on North Topeka.
Mrs. T. Williams, who lives north of
town, is suffering with an attack of
rheumatism and is in a very serious
condition.
Mrs. Neiswinder and Miss Cunning
ham of Silver Lake were shopping in
town today.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
Council Committee to Meet.

The streets and walks committee of
the council will meet this evening and
recommend for passage the franchise
ordinance permitting the Santa Fee
street railway to erect their Joint via
duct on Branner street across the
tracks of the former named railroad.
No opposition has been developed to
the passage of the ordinance and the
plans of the viaduet which have been
submitted for approval to the city en-
gineer find his recommendation.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
rFJrst published in The Topeka State
Journal Nov. 2, 1901

NOTICE OF STOCKHOLDERS MEET
ING.
To the Stockholders of the Walnut Valley
Building and Loan Association or VIM
field, Kansas. .
You, and each of you, are hereby noti-
fled that pursuant to a resolution Of the
board of directors of the Walnut valley
Building and Loan association OF VIM
field, Kansas, duly made at special
meeting held at the office of the secretary
of said association in the city OF Win
field. Cowley county, Kansas, on the 3lst
day of october, 1907, the undersigned
president and secretary of said Walnut
Valley Building and Loan association
were directed to cause to be issued and
published a notice and to call meeting
of the stockholders of said corporation
for the purpose of voting upon the ques-
ton of whether or not said corporation
shall extend the duration of time of its
corporate existence beyond the time fixed
in its original charter. You are further
notified that on the 9Th day of December,
holders at the office of the secretary of
the corporation in the city of Winfield,
Cowley county. Kansas. at the hour of
7:3O d m o'clock of said day. at which
time you will have an opportunity to vote
upon said question either in person or by
proxy. The original charter of said cor
poration will expire December l. 1907.
and unless extended before that time it
will be without power or authority to con-
tiuue its regular business; As it will re-
uuire a vote of three-fourths of it's stock
holders to extend its duration, all of the
stockholders of said corporation are urged
to vote either in person or by proxy.
TSeal1 ]. N. HANTER, President.
o. A. HOTT, Secretary.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07


Ind phone GIL
The W. c. T. U. met this afternoon
with Mrs. Herring at her home. 1927
North Kansas avenue.
Mr.. J. ]. King who was taken sud-
denly Ill while in his Office at work
Tuesday evening, is able to be around
again today.
Mr.. Bert Patten. superintendent of
the street railway company. visited
North Topeka today and Inspected the
company's property there.
Mr.. Earl Thomas. who left his posi-
ton with A Sheetz & Co, groeers has
accepted place with Shellabarger &,
Son, undertakers.
Mrs. James returned to her home in
Kansas City today after q visit of one
week with her parents. Mr. and Mrs.
c. L. Meyers, of 1015 Central avenue
Mrs John Thomas of Silver Lake
was North side visitor today
Mr.. and Mrs. VIM. Whitehead of
Granville spent the day trading on
the North side.
The street cars. are going around
the loop now and the backing I'D on
Kious street is done away with
The choir of the Christian church
will meet at the church Friday even
Ing Cor practice instead of meeting at
the home of Mrs. Mailman as nre-
urged to be present as the practice
will be for the revival meetings which
will begin Sunday morning. Mr. Geo
E. Lyon. state superintendent of mis-
sions and director of the Kansas
Christian Endeavor union, will preach.
Mr.. Ed Luthye of Silver Lake was
In town today.
Mr. Henry Boydson and family of
Meriden were visiting friends of town
today.
Mrs. A. H. Brill Of 1923 North KAN
sas avenue gave a birthday party last
evening in honor of Mr.. Brill. About
two rltS people were present and a
splendid time was enjoyed by all.
Pele Heatherly, daughter of Mrs
Peile Heatherly. left yesterday for
Pfttsburg, Kan. where she has ac-
cepsed position as stenegrapher with
the county attorney there.
You can buy any article In my Jew
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
Nichols Is Acnuitted.

Pittsburg, Pa. Nov. FOREST r
Nichols, former secretary of W. H
Andrews, territorial delegate to con-
gress from New Mexico, was found
not guilty in the United States dis
trict court on the charge OF aiding
and abetting Cashier Clark, In wreck
ing the National Bank or Allegheny
about two years ago.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
GEO. NJ NOBLE & CO.
PEAL ESTATE. LOANS, INSURANCE.
Some Special Farms and City Bargains
4S5 KAN AVE. OPP. POsToFFICE.
]. e. sHAFFER Ii 90.


112 East Sixth St. Topeka, Kan.
We sell and exchange all kinds of real
estate. We have some gilt edged invest
ments in farms and city property. We
have 100000 to loan 5Uper cent on farm
property and per cent on city property.
FOR SALES; W. cor Huntoon and West
SITS, lots, 81, $50. 71-s@
Southeast corner Lane and 18th SITS.
lots, 81, ESQ., nalz-
Northwest corner Lincoln and 14th sts..
lots. 81, $50 80 :
II Lane ST., ar end Of 14th ST.. lots. 81
Wet st.. at end of 18th ST.. lots. 81
Southwest corner Lincoln and Piercy
Sic. lots, z room house, 50, 100.
East front lots on Lincoln, between
Piercy and 18th sts.. $3.50 each, large shade
electric railway
Highly improved farm $50 acres Is miles
from Topeka, near station, good alfalfa
land, $50 an acre. worth $65.
w ell improved farm eco acres IL miles
from Topeka near, station, good alfalfa
iand, $40 Der acre; worth $50.
one of the best farms in Kansas $50
acres, miles from Topeka. near new rail-
road. all alfalfa land, 500 per acre.
l. w. Harrison, 100 West Sixth Avenue.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
BUSINESS CHANCES.

OWN and control exclusive territory on
the best money making speciality in the
country, fortune can be made in state
of Texas, but need assistance. To right
party with about $500 for n interest can
show $500 to $500 per month clear. I will
be here for about a week. Cash or trade
considered. 80 Cash, care Journal.
WANTED-Partner. either lady or gen
tleman, with $500 or more to buy u in
terest in good paying business. Call SO
w. 9Th ST.. city.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
LEGAL.
= =
lFuoiished in Topeka State Journal Nov
,Er,7 z, 1901
oFFlCiAL COUNCIL PROCEEDINGS.
LEGAL.
Council Chamber Topeka Kan

Souncli chamber Topeka, Kan,
f,o,,,., November 4, 1907.
council met In regular monthly session
~ 10y o CLOCK p. m. with the following
horn. Howard. Hughes, Jordan, Kutz,
G Lar Montgomery, Stanley. Tandy
ana Van Ness-12. Absent. none MAYOR
Green in the chair.
On motion Of Councilman Horn the
IEeaung or the minutes of the regular adj
Journeo meeting of October IL, and special
meeting OF October q, was dispensed with
ana they were approved as written up by
=, Claims and accounts against the city of
topeka We're presented, read and referred
70 the claims and accounts committee who
mat the claims be allowed and paid from
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

You can buy any article in my Jew
elry store at S27 Kan. ave-. at cost dur
ing the day. At night will auction Us
advertised. A. N. Cross, jeweler, SCI
Kansas avenue.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

Noon day lunch II to 2. New England
supper $40 to s, bazaar all day and
evening, Friday, Eastern Star Steinbers,s
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

ARE YOU GOING TO BUILD?
If you are,' see Wn.. E. Glib, contractor
and builder, LOT w. 9Th ST., Stormont Bldg
Office Phone 267. Residence, $3.50.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
TRANSFER AND STORAGE

MERCHANTS TRANSFER & sTORAGE
Co.. packs, ships and stores household
goods Tel 1856. Clarence Skinner. GIL
Quincy st
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
Sss''=z'=sSIE5''@=sE.55s:'ssssl|
NORTH WFkA NE WIS.,

Items Tor the North Topeka. column may
be left at the Petro & Woodford drug
the North Side reporter at her home,
Ind phone 6e1.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
MUSIC LESSONS.


PIANO and string music lessons at pu-
Pills home, Csc. Mrs. c. M. Smiley, rs
Garfield ave-
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

REDUCED $500
Western ave-, new 2 story 10 room
house, furnace and gas, electric lights,
bath, pantry, city water, new barn, IL
lots. A swell modern home. The price
5000, reduced for 10 days to $4,000. See
this at once. Hurry up.
We have also just listed a corner for
SO, 200 that rents for $50 month See us.
BENNETT & CHARLES,
$50 KANSAS AVE.
BOTH PHONES 277.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

FOR SALE-Fine piano $50, unusual bar
gain. Address r. W., care Journal.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

NOTICE-My application for permit to
sell Intoxicating liquors according to law
the city of Topeka. is now on file In the
office of the probate Judge of Shawnee
county. Kansas. Tho hearing of the same
fs set for the 18th day OF November, at 10
O'Clock a. m. 1907. O.. g. Smith. Phi. @.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
PAWN SHOPS.

WE PAY HIGHEST CASH PRICE FOR
"a hand clothes shoes, hats and over
coats. Drop card or call Ind. phone 1888.
Abe jacobson. 500 Kansas ave.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

TO WHOM 1T MAY CONCERN-Ary APP
pI1cation for permit to sell Intoxicating
In the Second ward of the city of Topeka,
is now on file in the office of the probate
hearing for the same is set for Monday,
Dec. 8. at 10 O'Clock a. m. NJ. B. NEFT.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

~ -T-C-e--~- E-FrNg " fTETI
WANTED-women cooks, house girls, 100
and pass; hotel maids dishwashers, so
women for hotel and housework in Tope-
ka. Cap. Emp. Agcy., 81 Kansas ave-
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
UNDERTAKINGS.

UNDFRTAWER9
BOMGARDNER & BELL.
Successor to @. B. Palmer. Funeral Di-
rectors and licensed emba1mers, gu jack
son st. Phones 146. Free ambulance.
L. NJ PENwELL, funeral director ana
emba1mer. First class service. reason
able prices. 511 Quincy st. Both phones 1e2.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

TO WHOM 1T MAY CONCERN-My APP
=, pncatlon for permit to sell intoxicating
liquors according to law at POI w. 9Th
ave, In the 18th ward of the city of Tope-
ka, is now on file in the office of the pro-
bate Judge of Shawnee county. Kan The
nearing for the same is set for Saturday,
NOV 80. 1907. at o'clock a. m.
I'M. BRUNT
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
MACHINE SHOPS.

For up-to-date gunamiths and electricians
see H. b. Howard. no Kan. ave. Tel. 5oa
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
PAVING.

CAPITAL CITY vITRIFTED BRICK a
building. paving and sidewalk brick.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
FREE DIspENsARY.

KANSAS AVE FREE DlsPENsARY.
209 Kansas ave. Conducted by regular
ical service free. Medicine free in aoms
cases. Office hours to p. Calls
answered night or day. Ind phone Si9-2
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

WE carry complete line of Rodgers
Bros 1S47 knives. forks. teaspoons. la
dies and cold meat forks, at s. Freid-
berg's, SCI Kansas ave.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

~-~~~~~~-~~--~~~~--~-~-~~
NEW OXFORD hotel, 81 per day. Little
john. proprietor. s23 Kansas ave.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07

~-~~~-~-~~~----~~>----- ~~~--~-~-----~~-~~~-~->>>
JAMES b. HAYDEN, Jeweler and OptI
clan. Complete stock of watches, dia.
monds, silverware, etc. Eyes examined
and spectacles properly fitted.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
FURNrTURE REPAIRED.

COAL AND BEED-
For sale by G. G. Coffman. 413 z. 4th
St Prompt deliveries. Phone 1872.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
PHYSICIANS AND SURGEONS.

Ofice 72e Kansas ave. Residence Thfr-
teenth and Clay. Office hours: 8 a. m. to
IL a. M and D. m. to ID. m Both
phones 16 residence and Ind. 1916 office.
of women. with private hospital Office
531 Kansas ave.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-07
no WHOM IN May CONCERN.

TO WHOM 1T MAY CONCERN-My APP
pncation for a permit to sell intoxicat-
ing liquors according to law. at 6S2 Kan
s Sas ave.. in the I'd ward of the city OF
Lopeka, is now on file in the office Of the
Sas The hearing for the same is set for
fr1oay, Dec. 20. 1907. at o'clock a. m.
GEO. w. STANSFTELD.
St. Johns review. (Saint Johns, Or.) 1904-current, 1907-04-05

The result of Mondays munich.
pal election will cause new faces to
replace the old ones in the city's Of
fetal roster. Mayor Hinman will
vacate his chair in favor OF X. G.
Kouch. The new mayor-elect is a
good business man, OF a jovial and
whole hearted disposition and is
well liked by all. We believe the
welfare of the city will be well look
ed after during his administration.
A. NJ. I;sson, a rising young man,
has been elected to the recordership
to replace w. l.. Thorndyke. Mr..
Esson is a bright young man, am
bilious and well fitted to assume the
duties that usually falls to the re-
corder's lot. He will no doubt make
a careful and painstaking official.
Geo. NJ. Hail. who has been re-
elected city treasurer, is a thor
oughly honest man. Everybody
knows George Hall and everybody
likes him. Always courteous and
obliging, he will continue to serve
the people faithfully and carefully.
The new councilmen elected-B. I.
I.eggett, Chas. Lindquist and J. X.
Jobes--are representative citizens
and have the welfare of the city at
heart The former two have been in
the harness before. Their former
experience will no doubt be Of value
and the people know just what to
expect at their hands. Mr. Jobes
is an untried element, but he has
promised TO do the very best he
knows how, so the public can look
for him to give a good account OF
himself and serve the city well.
The councilmen re-elected-W. ii.
King, l.. Il. Walker, w. w. Raser
and 5. l.. Dobie-are all business
men. The record they have made
during the present administration
was well known. Their acts on all
important measures was made pub
lie and the people knew just where
they stood. The result Of the cleo
ton proves conclusively that a
St. Johns review. (Saint Johns, Or.) 1904-current, 1907-04-05

Brodahrs greenhouse. 3o2 Blu
chanan street, for pot plants.
Clean stock, large assortment
aud up to date service at Calei
Bros.
Miss Lillian MeVicker is home
tor visit from Dallas. where she
Is attending college.
No order too large for our capae-
ity, none too small for our best at
tention, Calef Bros.
Eight acres aud seventeen lots
were sold in West ST. Johns during
the past week, and negotiations are
on for many pieces Of property.
The Methodist church realized
about $IaS from their Easter bazaar
last week. From this amount the
comparatively small expenses were
deducted,
Roscoe James, who killed his
sweetheart in Portland Sunday
night, was well known in St. Johns.
His victim was also known by some
of our residents.
Rudolph Koerner of Oregon City.
has been appointed superintendent
OF the WOODEN mills, vice Clarence
Bishop resigned. Mr.. Koerner
assumed charge ON the 18th ult.
The best April fool joke in St.
Johns was to see George Hampton
put salt instead Of sugar In his cof-
fee at the Methodist election day
dinner. Mrs. Hampton did like
wise.
The right arm Of Mrs. Lillian |
Wade, of sos Eugene street, was
at the shoulder Wednes-
day at St. Vincent's hospital. Mrs.
Wade has been i'll for over two
Years and is in q critical condition.
She is the mother of the late De
Monte Wade. who lost his life in
he explosion Of the steamer Regu-
ator at St. Johns . year ago.