The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1907-08-17


was evident to both of us that he
had some plan in mind
Later we learned that that night
Beulah wrote her father a long letter,
telling him what she had done; that
she had made almost two millions
profit from her operations; that they
had been lost, and that the outlook
was not reassuring. She begged him
to prepare himself for the final calam-
ity; promising that If there were no
change for the better by December
l, she would come home to be with
him when the blow fell. She begged
him to prepare to meet it like a
Sands, and assure him that D worse
came to worst she would earn enough
to keep poverty away. Judge Sands
would receive this letter the second
day following, Friday, the 18th day
of November My God! how well
know the date. 1t is scared into my
brain as though with white-hot iron.
After our talk with Beulah Sands
begged Bob to dine with me and go
over matters at length to see if we
could not find way out to relief.
"No, Jim, l have work to do to-
night, work that won't wait. That
tariff bill was buttoned up to-day, and
it has just been announced that the
Sugar directors have declared a big
extra dividend. Things have come out
just about as l told you they would
and the stock is climbing to-day. They
say it will touch 200 tomorrow, and
the street is predicting $50 for it in
ten days. Barry Conant has been a
steady buyer all day and the news bu-
reaus announced that Camemeyer and
the Standard OIL are twenty millions
winners. They say the Washington
gamblers, the congressman, senators
and cabinet members with their heel
ers and lobbyists have made kill
ing. About every one seems to have
fattened up, Jim, but you and rue and
Beulah Sands and the public. The
public gets the ak both ways, as
usual. They have been shaken out of
their stock, and they will be COM
PEELED to pay millions more each year
TO- ar than they would if
tt not been made for their
b there is no Disgusting
the It that the American people are
as helpless in the hands of these thugs
Of the system as though they lived
in the realm If the sultan, where
few cutthroat brigands are licensed to
rob and Cypress to their hearts con-
tent. Jim Randolph, you know this
game of finance. You know how it is
worked, and the men who work it.
Tell me If there is any consideration
due Wall street and its heart-and-soul
butchers at the hands of honest men,"
81 do not know what you mean,
Bob. What are you driving att"
Never mind what I am driving at.
ask you whether, if an honest man
knew how to beat Wall street at its
own game, he should hesitate to beat
lt-hesitate because of anything con-
nected with conscience or morals?
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 | was obliged to let GO Of our
100000 shares at $8,000,000 to 100000
300 less than we could have got for
them If we could have held them I'M
I'll To-Day. Because or this trick HIS
clients, the SYSTEM instead Of us
make five to seven millions"
"I 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 so, do you, Jim? That
is the way it looks to you, but l tell
you money bad nothing to do with it.
Nothing had to do with it but the
fiendish system of fraud and trickery
upon which the whole safeguarding
structure is reared. Nothing entered
into the whole business but the trick
cry of Safeguarding as conducted to-
day. 1t 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 I did not show. From the very
nature of the business he could not.
He simply said: Sold oftener and
longer than 1 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 50,0c> that broke
my back. Jim, If 1 had known as
much that day as l do now l would
have stood in that crowd and bought
ell the stock he sold at 1870, and !
would have stood there buying until
hell froze over or he quit; then
would have made him rebuy it at ESQ
or 2,GS0, and 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?
1t is all Chinese to me. l 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 | must be off. l 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