Arizona republican., 1908-06-01
BUCKtTSH0PS GETTING
 THE KNOCKOUT BLOWS
Throughout the United States the Counterfeits of Legitimate Dealings in Foodstuffs Are Under Furious Fire.

Chicago, May 2S.-(Special Cores pondence of The Republican )-The bucketshop industry, hit by legisla- ton in New York and many other states, has at last begun swift glide into oblivion. Its obliteration will mean to the people of the United States a saving annually of s2OO,- 100000. The hammering of the buck etshops has become so general and so energetic that these gamblers commercials of legitimate dealings in foodstuffs and stocks are in panic. beautiful to behold. For years they grinned complacently at the war made upon them by the legitimate exchanges which they discredited by their very existence. But east and west, north and south, they are groggy now, awaiting the knockout blows.
 In Cincinnati, a bomb fell in the midst of the wealthy bucketshop cot erie May ?; the results were 34 in- dictments against them. In Los An geles. California, on May 19 every bucketshop in the city was raided and their proprietors and customers put in jail. The District of Colum- bia May convicted Percy Wade of gambling in fictitious and stocks and he was sentenced in the criminal court to serve a term in jail.
 Out in Oklahoma the legislature acted; on May Governor Haskell signed a. anti-bucketshOp bill which went into immediate effect and by night the frightened bucketshop keepers and sO-called brokerage es- tahlishments throughout the state quit business. Early in June the Ed wardS-WOo Commission company also known as the Wisconsin Grain and Stock company. and the Superior Grain Exchange will come to trial in St. Paul. They were indicted by a federal grand jury after the postal authorities had prosecuted them for using the mails for fraudulent pur- poses. Their first trial, lasting five weeks, was brought to an exciting close when the government attorneys produced conclusive evidence that the jury had been tempered with, and sherman Smith. a prominent Minne- sota politician, was convicted of jury fixing and sentenced to serve six months in jail. This made it nec- essary to try the case over again this June.
 Missouri has been hot on the trail of the bucketshops for a long time The St. Louis concerns have been practically put out of business by Governor Folk, who insisted upon en- forcing the law passed by the last legislature of Missouri, providing a term of five years in the peniten- tiary as a punishment for men con victed of conducting bucketSlops. Governor Hughes has just signed the bill the New York assembly recently passed. a stringent law on the sub ject Other states are fast falling in line.
 In Chicago the officials bring the bucketshops to judgment occasionally Time was when these fraudulent grain and stock marts were as thick in Chicago as mushrooms in spring, but today it is declared twenty would be a fair estimate of the number, i and during the last year only two have been located and prosecuted Wershing and Rose. A crusade against the others is impending It is claimed by those who are familiar with the situation that just now the Chicago bucketshops have king who possesses a strong political pull and exacts a heavy tribute from ev- cry concern of this sort in the city, on penalty of having them raided and closed up if they fail to add to his graft-pile.
 It is estimated by those who have studied the situation closely that to- day there are probably one thousand bucketshops operating throughout the United States, whose business has been largely controlled by ten or a dozen concerns, the four principal I