The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1908-12-04
a MYSTERIOUS STREET

When you think of Wall st, what do you in your minds
eye'
narrow city canyon with purple human tbroug surgng
through its beds big white buildings whirrng like giant ma
chimes Trinity church end and salty river at the
other G@oge Washngton statute looking scrcuey down
the subtreasur steps and marble stock exchange where
monkeys, make strange gestures with their hands
aud talk language OF their own'
That's way OF seeing IT,
Here's another; prineipaity entirely removed from the
city county, and country IN which situated ~ many
respects organized like Monte Carlo II is the privileged ground
OF 100 privileged known brokers These individuals
maintain an institution club casino whatever you
to term is exchange wherein they gamh and win fortunes
using chips money Of the counts banks They've been
gambling thus for thas a century.
The 100 who nhab the Wall ST. prinepaity handle
the pubcs finances private and private ends Aiany
times they proven unworthy Of the trust but strange
~ enough they have been brought face any espon
sby They consider themselves the asocracy OF the United
States. possessing divine rights
These men manipulate about S20O000o0000 Of the wealth
OF the United States each year retaining and poekeng from
this operation between S30o000oo and S4o0ooOoo annually
as ices" and untold millions stolen spois
The spirit OF the laws which govern American institutions
Is repugnaht the Wall pncipaly, and though its people
enjoy all the fruits and protection OF American republican
institutions they restricted by them They not
asked report their operations any branch OF the govern
and when they caught agranty ansgressng the
rules OF society they escape paying the price in the courts
These often referred OF the principally In
there operates mysterious and powerful code that
pears supersede plain letter OF American law in
affecting the arstocacy Outside OF the celestial hierarchy
this code understood bat il known to be effective
Though Wall has invented the commercial and many
economic evils that plague the country public official or
no legislative body has ever this date assumed TO nves
gate il or its system
It's a strange street. isn't itp
In the federal New York today Wall 81 princes
arc on trial charged with conspiracy which caused the crash
great national bank Of the many safe deposit vaults
of the prncpaty This bank failure with others pecptaed
what will be recorded in history the "l907 panic You
gentle reader may familiar with what that panic really
caused this county II probable that you haven't forgotten
i. yet
Morse and Curtis only played the usual Wall st. game
amazing fact that their defense that accord
ing the Wall code they did nothing wrong IL not
wrong for Prince Morse protect his private interests by
ieopardzng money depostor had ntrused bank in his
control
The scandal from the Wall princpality reveals
nothing that people who follow have known IL IS
repetition the told tale OF high finance corruption
II story that inclined pass unimporant
because tired Of talk about dummy directors stock
manipulation wash sales" trusts. waeFed stocks aud
the terms OF the modern financial system
Tired' How strange when than half OF the people
the United States have been directly affected and have sui
fered from the hard times that Morse and his fellow astoca
in the prncipalty OF Wall preciptaied year ago.
II you think Of Wall a forget it. and think OF
what really Is and what you and this nation.
The lesson Of the Morse that win control COM
meeai abuses OF the day when control the prncpaty Of
Wall ST.