The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1909-11-26
WAR WILL Be WAGEO
UPON BUCKETSHOPS
Chicago Board of Trade Is Ac-
tive In the Work
ADVANCES IN SURGERY
Gathering of Doctors Takes Up Sub
jeet of Electricity In Place of the
knife-Farmers of the West
Are Prosperous.
ADVANCES IN SURGERY

Chicago, November 25.-(Special.)-W
on bucketshops will be one of the prin-
cipal question on the programme OF the
Council of Grain Exchanges of North
America, recently organized in Chicago,
the first meeting of which will be Feb
ruary next.
For years systematic efforts have been
made by the Chicago board of trade
and other exchanges to drive out Of
business the bogus brokerage houses
whose wires lead to no exchange. whose
transactions are entirely fictitious and in
volve no real buying or selling Of grain.
One OF the men who has for years
been on the trail of bucketshops esu-
mates that their running expenses have.
In some prosperous years, amounted to
thirty million dollars. and certain it
is that some bucketshop concerns have
grown immensely rich through their OPP
erations It Is seldom that a small spec
ulator, a ''shos string gambler trans
acts business with legitimate concerns.
for whether he knows 1t or not, he
usually places his bets in bucketshops.
But when he finds he is loser VOWS ven
geance on the boards OF trade" for a
deal in which no real exchange ever was
concerned Hence the war of extermi-
nation. People who will frown upon
racing bets or poker or faro games have
been victimized by the million by the
commercial counterfeit of houses do
ing q legitimate business in grains, cot
ton and stocks on such exchanges as
are now organizing to deliver tho knock
out blows.
Less use OF the surgeons knife and
more use OF electricity. which has been
found to reduce inflammations. kill
germs, build or tear down tissue and
destroy infections. was a plea made
to a gathering both of homeopathic and
allopaths In Chicago which marks a
trend of medical practice that has prom
Use of less suffering. particularly for
women. During a session Of an organ
ization of women physicians, the After
Dinner club, DIR. May Cushman Rice re-
lated the results in the Chicago hospitals
of clinical research in electro-therapy,
declaring her conviction that rs per cent
of the operations performed are need
less and that ordinarily no organ or part
of the human body should be removed
or could be without permanent injury
to the patient. Recent improvements In
Rice, have shown that electricity, in ap-
pucations of its various surrents-gal-
vanic, static and faradic-has cured APP
pendicttis, prevented the unsexing of
women, abolished tumors-to say moth
ing of birthmarks and blemishes-and
proved beneficial in the prevailing Amer
lean ailment neurasthenia. The event
was especially notable oFing to the
presence of prominent members of
homeopathic and allopaths, the meeting
being presided over by former presi-
dent of the Illinois Homeopathic ASSOC
citation, DR.. Mary Hanks.
Bumper crop additions to farmers
bank accounts and the waning harvest
of wildcat mines and "bucketshops''
have brought bonds-industrial, railway
and municipal-into the sphere of con-
sideration of the farmers of the west.
In Chicago banks it is said that contin-
ued rural prosperity has bred rural con-
servatism; speculation and get-rich
schemes still find victims, but fewer of
them and there is evidence that the pub
lie in general in western states ia max
ing strides in its knowledge of the in
tricacies Investments. as investments are
known In the east. For example, an
announcement by the Harris Trust and
Savings bank that 1t was giving away
information about bonds for investment
resulted in hundreds OF inquiries from
people in rural as we'll as urban local
tiles The brochure itself illustrates the
change taking place, as 1t is of primer
simplicity for the use of persons plan
ming for the first time to invest In bonds
for themselves, estates, trusteeships, and
banks. For years Chicago has been to
the municipal bond market what New
York has been to railway and indus
trial issues, the Harris bank alone hav-
ing bought and resold nearly a billion
dollars worth. Not many years ago the
first signs that the farmers of western
states were getting flush" were seen in
Chicago in some reckless plungtng into
stock speculations that reminded ono of
early pioneer towns with the faro games
wide open and the ceiling the limit.
Since then tremendous immigration
movements have been made possible by
the land hunger of prospecting farm
owners who were seeking Investments.
The assured income and ready sale of
bonds is the third phase of the effects
of natures bounty and high market
price.