davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30

auguration of President Mckinley. He
laid before the German manufacturers
of iron and steel a proposition proyid-
ing for an agreement to keep out OF
the market which naturally belonged
to the United States or Great Britain,
provided the manufacturers of these
two countries would not attempt to
enter the market which normally be-
longed to Germany. There was TO be
further agreement as to markets IN
which free competition was to be al
lowed.
For purely technical reasons, the
German manufacturers declined at that
time to consider the proposition; but
they spoke in admiration Of the broad,
comprehensive plan which Mr.. Gates
had presented to them, and iutimated
that they might, at later date, con-
slider it. In this proposition lay the
germ Of the plan recently proposed at
the meeting of iron and steel manu-
facturers at Berlin, AS the plan was
worked out by Judge Gary and pre-
sented to the recent conference 1t pro
vided chiefly for cooperation; but that
cooperation was, in it's chief features,
wholly consistent with the plan advo-
Gated by Mr., Gates some fourteen
years ago.
Out Of that plan grew the germ Of
the United States Steel corporation.
When the various complications occa~
stoned by the alleged purposes Of Mr.,
Carnegie and his associates to build
a Carnegie Steel company railroad and
to enter into violent competition with
certain other steel and iron producing
companies, caused very strained and
John w. Gates who suggested to
Charles NJ. Schwab that the peril
could be eliminated and that very
great opportunity could be seized
through the combinations into one
great corporation of the Carnegie
companies and various other steel and
iron producing companies.
Into that corporation Mr.. Gates said
that the American Steel G. Wire COM
psny would gladly go, provided the
organization were, satisfactory. He
pany, the Illinois Steel & Iron com.
pany and the American Tin Plate com.
pany, as well as others, could be
brought into combination.
That suggestion Mr., Schwab took to
Mr.. Morgan, who was to be. relied upon
to finance the plan, if it were under.
taken. When the organization was in
preparation Mr.. Morgan advised that
the common stock of the United Statos
Steel corporation be issued not upon
an immediate dividend paying basis,
To this plan Mr., Gates inteGposed We.
hement objection.
He asserted that, IL the American
Steel &c Wire company were to come
into the combination, then the common
stock which was to be received in part
payment should be issued upon a Der
cent dividend paying basis. AS it was
vital that the American Steel & Wire
company be included, and as Mr.. Gate,
was found TO be sincere in his onnosi.
tion to the Morgan plan. then one of
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30

Setel corporation He counted upon
that as one of the chief 'recognitions OF
his achievements as a business man,
But the honor was denied him. Mr.
Morgan was as emphatic about that as
Mr. Gates had been that Steel common
stock should be issued upon 4 per
cent dividend basis.
Later, Mr.. Morgan is asserted to
have said to Mr.. Gates that he ought
to keep out of Wall street, because he
was "Iike bull in a china shop
this somewhat mplimeutary re.
mark, yet the intimation is contained
in it that Mr.. Gates had intellectual
ability and money resources sufficient
to make him dangerous element if he
chose to remain, or tried TO remain, an
active factor in Wall street life.
Mr.. Gates has been much criticised
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30

also to provide for steady yearly in
crease of his capital.
On the other hand, the magnificent
plunging. to the temptations Of which
he Yielded himself several times, was
really in the nature Of an avocatlon
He became after 1896, occasionally, al
though not regularly, great operator
in the securities market, and it is one
Of these operations of which there Il
authentic intimation, which gave him
the notoriety of having been the most
successful of American plungers of his
time-namely, the coup by which he
captured the Louisville & Nashville
Railroad company,
There was plenty Of inferential evi
dence of various other speculative ac
tivities and upon very large scale
Brokerage houses with which he was at.
filiated were observed at various times
to be selling or to be buying blocks OF
securities of such large amounts as to
affect the market price seriously, Some
times it was thought that these plung
ing operations had brought him very
near to the line Of disaster. But there
were apparently either great resources
behind them, or else Mr.. Gates, notwith
standing the enormity of his plunging
nevertheless circumscribed his opera
tions so as to keep them within the
limits of safety, at least so far as his
personal fortune was concerned.
Like all Of the greater factors in
our industrial or commercial develop
ment. whose original operations had
been west Of the A Alleghanies, Mr.. Gates
found himself in New York, Doubtless
he was tempted as James r. Keene was
when he came in 1876 from San Fran
cisco to New York, to match his own
powers and resources against those pos.
sessed by some of the ablest American
business men, Mr.. Gates discovered
however, after few very thorough OK.
periments, that after all New York is
the poorest place in the United States
for any one who had gained n great
fortune elsewhere TO venture into in
the hope of increasing that fortune
through great and daring operations, or,
in gaining respect, or the fear that re.
spect sometimes produces, from the
greater men of affairs.
In his testimony before the commit,
tee which is now investigating the
United States Steel corporation Mr.
Gates said that Wall street is full of
underground passages, of hidden mines,
intimating that for this reason 1t was
dangerous for any one TO atetmpt specu,
lation along large lines in New York
City,
About the time Mr.. Gates organized
the American Wire G. Steel company
he formulated IN his mind plan which
IL it had been adopted, would have
created an international steel and iron
trust, This plan would have been in
violation Of the Sherman antitrust
law as that law has recently been in.
terpreted by the supreme court. But
at the time Mr.. Gates worked out the
details of it he was advised that il
would not be in violation Of our laws
He knew that IL would not violate
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30
N. GATES. KING OF PLUNGERl

for what was the most d..
iiantly successful coup ~ oSStWihs
~ to be traditionally " n,, als u
his name long after his is',oel,t
achievements have hcossea seal
That was the guerrilla.likal ike ,,,i i'
ne made npon the forces ~ s''s =
schilds, who were presum.sf y Y
resented by August nslrs ns u
Louisville & Nashville aSsi PaSsi
pany; That control was s,ia al
be absolutely fortified. bu.p .pisq
Gus oversight not vet eInI @ y
tifications. ID "
There was about
when Louisville & N.'Talai
could be bargaiued for in Iiu' tas
ket, Mr.. Gates is undor.t,".,;s ~. q
been informed of this ,0Ia ws.S
one Of his shrewd businss,.." s."t !,
at that time he was M, lns
ample resources and Of Az.
tied credit. He marshaIsaIr IstIrcf y
quickly; he descended un..
market with amazing va sw1a
assault ever made by Jams. 4
equaled this in direciuess =!
ness Of management. "
Mr.. Gates e brokers vs,. /.
to buy all the stock ofrersS Z
TO day, no matter how bi~Su biu \
tions. Their heavy nu,TSa.,
beginning bewildered thu -.
| ers. u
They were unable TO moAws|
own resources in time 10 nss
Gates S accumulation OF NV
OF the stock. M
Before the month enaes !.
Gates was the owner Of = ny y
the Louisville & Nashyillaa y. W.
ownership impcriled csr,,;, w y
railway projects Mr., Mors,, !.
ers had In mind RELATING !,
veloPment Of railway cor,h;s.2
the south. For that reason u.
compelled to take Mr G,,.,
practically at the price ba
He gained notoriety far M -. -.
most brilliantly conceived 's. !.
cuted strokes Wall strcet -
known; one that required bo,I .
and resources, as well as sL;,t.9,
agement. He must have va;,I.
million dollars by the ousr,Sa' %
the other hand, he gained y
Jealousy, hostility, and c,itic;,.
yet what Mr.. Gates did Az
speculator upon a large seal. {
his courage and resources WIS,
been likely TO have attemnt,s
Since that time Mr.. Gate, i.
chiefly occupied in the dcvsIs.,'
large business enterprise, IA
His friends have felt asmr.d /,
time that never again wOuii
tempt plunging upon a lsrgs !
though, in their opinion be :,
long as he lived. be likely 10 :,
speculative market occasionailr'
The popular idee of NJ Il
somewhat misleading. H. u,
rs a brusque, self ,assertivs, /,
ing man in a large way, hayi,r
humorous manner which cones
cism, He has always beeu 1
in private life n man Of a,sls
and quiet manner, who, whe,i /
disposed TO comment upon ID
in the United States. speaks ~
and always with optimism
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30

the laws Of Germany, or prooaply
those OF Great Britain, for IN those
two nations the tendency IN recon-
years has been very strong toward the
elimination of competition, since the
belief prevails that, II reckless com
petition be eliminated, there can DC q
larger amount of trade and at reason
able profit secured.
Mr. Gates, therefore, went to Ger
many about year after the first In
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30

two alternatives was presented. Eith'
er the steel corporation must pe organ
izcd with common stock paying divi.
dend of a per cent or else the Pian
must be abandoned ., -
,,rnr, reason for suspecting that IN do,
inc that he brought himself face to
face fac with the first grieyous nortlhca-
tion of his life, He expected to be
elected q director of the United states
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30
Death In Rnaring Fin

May not result from the vol
bugs, but often severe tsn
caused that make ouick II
Bucklen s Arnica Snlve, The y
surest cure for burns. wounlt \
boils, sores. IL snbdues ini,rr
IL kills pain. It soothcs sh'
Drives off skin eruptions, "
piles. Only 25c at Scbrsns-
nrur-s. Eve stores.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30

rapidly in the years between 1855 and
1898, when he organized the American
Steel s. Wire company. These under.
'akings were what he always regarded,
ne HIS bread and butter business
They were activities which were not
only 10 furnish him an income surIi-
cient to support him in the style to
which he had become accustomed, and
to permit him to engage IN some rather
expensive recreaions, like racing, but
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
AS Quickly AS Water
DiSSOlveS Sugar
About the Time It Takes for a
Stuart's Dyspepsia Tablet to
Work on the Food and
Bring Relief.
TRIAL PACKAGE SENT FREE.

L
There is NO long wait between the time you
take Stusrts Dyspepsia Tablet and the feel
ing Of relief it will bring to an overloaded
stomach. 1t gets busy in a jiffy and quickly
sets things to rights in that tired and dsordered
stomach. 1t goes right at the work Of disesting
the food it finds lodged there and in no time at
all has things on the move-the gases cease
forming, the breath is sweetened, the coating
on the tongue disappears and you are no longer
conscious that you even have a stomach.
That is one of the chief recommendations for
Stuart's Dyspepsia Tablets-that they don't take
forever to accomplish the purpose for which you
need them, 1t is just il you put extra
stomach or two to work when yours needed help
You can't continually overload your stomach and
expect it to always smile. 1t is going to get re.
hellious and sulky after a while and refuse to
60 on being driven to do double work. You must
rest it occasionally-not by starving and thereby
weakening yourself physically-but by using 4
Stuart's Dyspepsia Tablet to 90 the work OK
digesting your food.
of the natural stomach juices and will alone and
unaided digest food just the same as the gastric
juices. And nothing could be more harmless than
these tablets. They do not affect the system in
any way-do not cure any ailment except as they
digest food. Use them freely.
Stuart's Dyspepsia Tablets are sold by all
druggists everywhere. Price, so cents per box.
A trial package will be sent II you will write
F. a. Stuart Co.. $50 Stuart Bldg. Marshall
Mich.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
GET SALARY CIRCULARS.
Pamphlets Distributed to Employees
of Government Printing Office,

Fulton r. Gordon, promoter of the
campaign to obtain higher salaries for
government clerks by means. Of per-
sonal letters to all members Of Con-
gress. yesterday distributed 1000
pamphlets, containing instructions, to
all employees OF the government print
ing Office.
The circulars, which also contained
copies of his speech delivered at a re-
cent mass meeting, were distributed at
the various exits as the employees left
the building at 4:3O o'clock.
Today Mr.. Gordon will have his agents
stationed at the doors of the census Of
flee to distribute the circulars. Z. Dana
Durand, director Of the census. declined
to allow the distribution to take place
in the building because Of the criticism
Of the President contained in the speech.
When copies Of the pamphlets have
been distributed in several branch Of
fees Of the various departments tomor-
row Mr. Gordon will have completed
his canvass Of the 10000 government
employees in the District. He has more
than $4,000 additional copies Of the
pamphlet ready for circulation in the
various cities where government clerks
are employed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
STUDY OF BIRDS.
Dates Fixed for Practical Instruction
by Audubon Society.

Dates for the study Of birds, both in
classroom and field, as planned by the ex-
ecutive committee of the Audubon Society
Of the District. at recent meeting. were
announced today. as follows: Study OF
bird skins, to enable students to identify
birds in the field. March % and April 4
and II: field trips, April %, %, May g. II
and 90
The classes will be under the direction
OF a competent leader at the Franklin
School. 18th and X streets northwest be-
tween and 5 o'clock in the afternoon.
No charges will be made to the members
Of the society or any one else wishing to
take the course outlined.
The first outing or field trip of the So
ciety will be made to Dyke, Va Other
Journeys included in the program are to
Sligo. Md; Prospect Rock, Va: Forest
Glen and Rock creek and Great FaIIs.
Va. The parties will start shorty after
O'Clock each morning OF the DAYS SET
and spend the day. Those SO desirinp
however, will be able to return to the civ
at noon. provision for this having been
made by the society.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
TOBY REPLACES THE WARREN.
lows Lighters to Occoquan With
Material for Workhouse.

The tug Captain Toby, belonging to A.
j. Taylor & Bro. Of this city, is
temporarily in the service of the Dis
trict government. in place of the tug
General Warren. She sailed yesterday. un-
der the command Of Capt. Frank Kintz,
with two lighters in tow laden with ma
terial for the new. workhouse of the
District at Occoquan, Va. Owing to the
heavy northwest gale and low water the
tug and her tow were delayed in reach
ing Occoquan, but she is expected back
this afternoon or evening. The General
Warren is first in service of the Dis
trict and then Of the United States Army
engineer Office. A day or two ago she left
here for Lower Cedar point and other
places where improvement work is in
progress, and her absence made feces-
sary the employment Of the Capt Toby
in the District service. The army tug.
Lieut.. Alonzo Gushing, which is to take
the place of the General Warren in the
engineer service. is lying at the wharf
Of the service, at the upper end of the
harbor. on the Potomac Park side. being
made ready for duty. When she goes
into commission the District will get
possession Of the General Warren.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
Preparing Launches for Season.

The power launch Florence, belonging
to Capt John Reese, is at Regan's boat
yard completing an overhauling and will
this week sail on a two-day cruise on the
river to try her engine. preparatory to
the opening Of the boating season on
the river. The Florence will be used for
pleasure service during the summer
months.
The overhauling OF the launch Char
lotte, belonging to Capt. Sterling, at Re-
gan's, is about complete and the vessel
will be put overheard this afternoon or
tomorrow. While on the railway the hull
Of the Charlotte was given a thorough
overhauling, her machinery was put in
good order and she was painted from
stem to stern. Capt. Sterling will use
her for pleasure cruising.
A new mast Is being placed in the aux
iiiary power sloop Truant. belonging to
Capt. Snaithmann OF tho life saving serv-
ice, and the launch will be ready to go
into commission within the next week or
ten days. The Truant made a trip to
Occoquan last week for her new spar
and her engine worked to the satisfaction
Of her owner.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
BIG DEMAND FOR OYSTERS.
Selling at the Wharves for From 60
to rs Cents a Bushel.

Although the receipts Of oysters in the
shell have been fairly heavy in the past
three or four days, the demand has also
been heavy, and this morning it was
stated not GOO b shells of the bivalves
were aboard all the vessels at the wharf
The longing season on the Potomac is
still in force under the laws of Maryland
and Virginia, but the dredging season
closed several days ago. AS a conse-
quence a number of vessels that have
been engaged in dredging oysters came to
this city to dispose Of their last days
catch, and the bay boats that have been
bringing oysters here throughout the sea-
son are having difficult time. according
to reports, to obtain cargoes. Many Of
them have withdrawn from the oyster
trade and are being prepared for general
freighting work on the river. BY the mid
die of April the oyster season will be
practically OVER and the 18th street wharf
will be given over to the spring shad and
herring fisheries. the season for which is
now opening. This morning at the oyster
wharf the bivalves sold at from 60 to
% cents @ bushel
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
ANAcosTIA.

Charles r. Burr. president of the Ana
costa Citizens Association. has been
granted the privilege Of using the Meth
odist Hall for the special addresses to
be delivered the evening OF April 8. in
PRONUNCIATION Of the park. commission's
plan for more beautiful city. Glenn
Brown. secretary of the American Insti-
tute OF Architects. and David Fairchild
OF Washington win be the speakers Mr..
Burr has announced his intention of In
viting the members Of the Congress
Heights Association. Randle Highlands
Association and the East Washington
Heights Association. In this connection
1t Is probable that the Anacostia Asso-
citation will hold q contest this year sim.
liar to the one Of last year. when prizes
were offered for the best-kept property.
meeting OF Salem Lodge, No. %, In
dependent Order Of Odd Fellows, of Ana
costa was held last evening In Masonic
Hall. The lodge is endeay,oring to add
. large number Of new members the COM
ing year.
The women connected with the Friend
~ League OF Auacostia were entertained
this afternoon at the residence of Mrs.
James w. Marbury on Mount View place.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
Personal Notes Of River Men.

II. Madison Hall and Capt. Alfred
Curiey, master Of the schooner Sidonia
Curiey, have returned from visit to
Solomons Island, Md. where they went
to arrange for the rebuilding of their
schooner. the Isabel, which is tn he
made new craft.
Capt. Henry Davis, master of the ting
James O. Carter. who was i'll at his
home at Alexandria for several DAYS
past has recovered, and has resumed
command Of his steamer. employed in
general towing work on the river.
Capt. William Cullison, master OF the
Clarke schooner, Sidonia Curley. of this
city. is at Davis shipyard at Solomons
Island. Nd, experimenting the repairs
being made to his vessel, which will re-
quir,s two months to complete.
Samuel Johnson IF Alexandria is en-
gineer OF the Taylor tug William J..
Ierlses, jr., which recently went to New
Bedford. Mass, under charter for service
with the feet engaged in digging the
new canal through the Cape Cod
peninsula.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
NAVY Electrician Kills Him,elf.

The commandant OF the navy yard 1t
Mare Island, San Francisco. has reported
to the Navy Department that Steven
Ryan. chief electrician. committed sui
eide on the cruiser Cincinnati by shooting
himself on that ship In the harbor OF San
Francisco last Wednesday. Ryan had
been In the service about nine years. Hts
next OF kin is a brother. John ]. Ryan OF
Boston.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
Woman Killed BY Woman.

BOSTON, March "a coal shovel
used as q club in the hands of another
woman is alleged by the police to have
been the cause Of injuries from which
Bridget Moore, sixty years old, died late
last night at the City Hospital. There
were q dozen cuts and Commissions on her
head. Her alleged assailant sixty-seyeu
years old, was taken into custody.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24

counting offices of the District govern
ment and schools today to find out just
where one could take taxi ride and not
have to pay for 1t himself. The remark
able feature Of the inquiry was that very
few District ofYicials could tell where the
city limits are. According to q map in
the office Of Assessor Richards, the limits
now take In old Georgetown and run
along the Jagged boundary marked by
Florida avenue.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24
May Ride to Suburbs.

II that Is correct. 1t is claimed, the
members Of the board of education may
taxi ride from the Franklin School at
public expense to points in the following
suburbs: Reno. Fairview Heights, Cleve-
land Park. Woodley Park. Kal0rama
Heights. Washington Heights. Meridian
Heights. all Of Columbia Heights. Mount
Pleasant. Sauis Addition and points
north, Petworth. Belmont Park, LIE Droit
Park. Bloomingdale. lexington and Trini-
dad.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-03-24

known as the ''fellow-servant" doctrine
and also the "contributory negligence
rule, both of which have heretofore
been well settled I'm the jurisprudence
of this state and country. but both of
which the legislature has power to
abolish.