davidaulloa/AmericanStories huggingface dataset:
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Mutt and Jeff"
at the Academy

Those famous New Workers. Messrs.
Mutt and jeff. assisted by large
company, entertained Richmond thea
tergoers at the Academy last night.
They will be here today for matinee
and night performance and. as usual,
will draw large and gleeful audiences.
From the first appearance of the
two celebrated characters to the final
curtain last night the Academy was
in a roar. Little JEFF is the big
particular hit As the underdog who
gets the worst OF it usually and the
best OF 1t occasionally he had the
sympathy OF all. Also the laughs.
Mutt was popular, but little Je1 was
the best beloved.
The extravaganza is based on the
cartoons Of Bud Fisher and with the
help of Frank Tannehi1i, Jr.. the ad-
ventures of Mutt and Jen have been
arranged I'm series OF suitable cpl
sodes--suitab Bile Ter the stage. Lyrics
by F. s. Hutchinson and music
by Howard Webster are interpoiated
and a large company Of show girls
appear, when ever needed. and In cos
TUNES to suit the occasion.
The eostuming Is especially good,
the scenery is excellent and the whole
show IS spirited Chief honors fell,
to Jerry Sullivan as little JEFF, but
Ed. West got all the laughs possible
out of Mutt, and they were many.
The scene OF the first act is the
lawn and clubhouse at the Saratoga
rack track, from there the story shifts
bound for Nicador. mythical Cen
trail American state. and the third act
represents the palace and grounds OF
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
1RAFERS AND EVANS MEET
- IN FINALS AT WHEATON

WHEATON, ILLS, Sept s.-Je-
rome Travers. metropolitan champion.
and Charles Evans. Jr.. Western
champion, will meet tomorrow In the
Se-hole final round for the national
golf championship. In the semi-flnal
matches played today. Travers de-
feated Hamilton X. Kerr. of Ekwa-
noK. seven up and five to play. Evans
eliminated Warren K. Wood, of
iiomeWood, by four UP and three to
play, Both winners piayed good rolf
in winning their matches. Travers
putting up splendid game in the
afternoon against Kerr. while Evans
did his best work on the first nine
holes in the morning.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Cheeney Wins Al Hartford.

HAnifoRD. CONN, Sept. Six
heats were necessary to enable Chez
ney. the little Texas mare. with the
big driver, to win the 2:09 trot at
Smarter Oak park this afternoon. and
the race was sandwiched in with the
Iree-for-all trot. which Dude Arch
dale. the fleet black mare of Frank
&. Jones. of Memphis. Tenn. with
ieers driving, won in straight heats
from Billy Burke. The record for
a sixth heat is zoe. made BY Dema-
rest at Syracuse, in 1910. and Flem-
Ing sent Cheney around In 2:io In
mis- sixth heat The Anvil went lame
IN the third heat. and Geers was
permitted to draw him. Dorchester
won the 2:15 trot, without opposition.
The 2:07 pace was much split up, but
Baron arc a. finally won in slow. time
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

sBatted for Finneran in NTH.
ssBatted for Devore In seventh
essBatted for Chalmers in ninth.
ssssBatted for Mayer in seventh.
Becker ran for Mccormick In sew
enth.
Score BY innings: r..
Giants o Q l. o o 3 IL
Phillies 20 o o O S 1 0 1 rs
Summary: Two-base hits-Miller.
Murray. Magee. Walsh. Merkie. Three
base. hit-snodgras Home runs
Merkie. Walsh. Sacrifice hits Too
Ian. Herxog. Stolen bases Devore.
Snodgrass, First base on erorrsN New
York. 1. Struck out-By Finneran.
/. by Mayer, i by Chalmers. 4: by
Marduard. 4: by Crandall. 4 Bases
on balls--Off Finneran. q; of Chal-
mers, 4; on Marouart. i; on Crapdali,
Double plays--E Fletcher TO Doyle
10 Markle. Murray to Wilson, Luderus
to Killifer to Walsh. Hit BY pitched
hall--By Mayer, 4: by CrandaIl. i.
Wild Pitch rinneran Hits on
MAtqaiS IA Iu III InnfnEAE plr Fius
'n<rans M 3 inningss m Mayds. M
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

BOSTON. Sept. Sin the greatest
duel in years, and before the record
breaking crowd of $4,000 fans. the Red
Sox won ttyri~y,s- game from the Wash
ingtons. with Walter Johnson in the
box. Wood was in the box for Bos-
ton, and was steady with men on
bases, striking out nine men. Johnson
pitched a remarkable game. but two
doubles in succession, by Speaker and
Lewis. scored the winning run. Both
teams tfelded In brilliant style. The
Frore.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Vans sting Write sux.

CHICAGO. Sept 6.--The Maps
stuns the White Sox. 10 2. today
in cievcr innings of fast ball. The
going was high class until Joe Benz
saEged, and went 10 pieces In the ia
tai eleventh. In the sixth the Sex
tfed fhg sr0Tr at two, and frena then
to the finish 1t was anybodss game
Ore rass. three hits and coaphs of
errors In the eleventh gave cleve-
lard three runs and the game.
Score .hg innings: r.. II. T..
Cleveland .000 200 600 03--5 IL 8
Chicago o 600 OIL 600 90 I 9
Batteries Baskette and Carisch,
Fenx and Kuhn.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
GAME re-
BY ROANOKE IT,
EFIRD SHUTS orr PETEmsI
BEING EFFECTIVE wrT1 n
MEN ON BASES.
CREIGER DOES WE
HOLDS TIGERS TO SEVEN SIM
AND STRIKES OUT SEWN
CHAMPIONS MUST WIN
TWICE TO REPEAT.
CREIGER DOES We

Especial to The Richmond vir81Nd1
PETERSBURG. VA. Sept. 60.
noke defeated Petersburg this n
was pitchers battle between CT
and Efird. Both pitched good
on bases. Both teams played fno
in the field. Hi
Petersburg will have to win tn
games tomorrow in order to Win
pennant. Brooks will probably
the first game tomorrow and Nor
rath the second. The score:
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
acht Club Will
Keep Open Hour

Open House" will be kept ~
Richmond Yacht club today and M
Saturday hereafter from 1 ID lx*
O'Clock p. M. This was instituted
week when there were few on
because many did not know OF thu -
rule. The clubhouse will be up4S Il
members and their friends. M
The yacht club is on Falling ~
and James river. 1t In reached %3
the Petersburg car line In
minutes and by private boat Ii, nl
forty-ffve minutes. The PefxrI
boat Aurora which leaves thu
here every afternoon at 1 81
stops at the club
Tennis and swimming are tHo
popular sports at the club nov.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Totals

Summary: Two-base Maths,
Hooker. Hudgins Foxen, Heating
Three-base hits--Hudgins. Nixon,
Ierhontr Home run--Lnsky. Stolen
bases-keatfng. Hu1girts Doubts
plays-Foxen to Heating to Hudgins
CD; Heating to Hudgins; Heating to
Castro to Hudgins: Maths to AuIey
TO Morrissey. Struck out-By Mill
Ter. i; by Revelle. Z; by Foxen. 0.
Base on balls-By Miller. L. by Re-
yelle. 2; by Foxen. 2. Innings pitched
BY Miller, 2: by Revelle, I. Hits
made-off Miller, s; off RevelIe, s.
Left on bases-Newport News. S:
Portsmouth, Z. Umpire. Mr. Cowan.
Time, 1885.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Portsmouth Wins
at Newport News

NEWPORT NEWS. Sept. 6.---The
Portsmouth Pirates clouted the pitch
ing of Miller and Revelle hard today,
Hudgins having a big day, with a
double, triple and three singles in six
times up John yerhout got two
hits and scored two runs he score:
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

Roanoke, by defeating Petersburg
yesterday. has a shade on the present
cha mrtNns. for Petersburg must win
both - of double header today
to win he pennant again, or Peters
burg must win the flrst game and play
Roanoke to tie in the second.
The Petersburg team has shown its
ability to go the route. and Manager
Busch is leader who will get every
thing out OF his men in the pinches.
II the Petersburg team gets a lead
1t is hard team to beat, and with
such batters as Simmons. Morrison,
Busch. Blackstone and Laughlin in the
lineup no pitcher is safe.
Efird. the Tiger star. held the cham
pions in check yesterday and un-
doubtedly he will go after one of the
games today. probably the second. II
would not be surprising. however, IL
Manager Presley send him out for
the first game, figuring that Etird can
beat Brooks, who undoubtedly will be
sent In by Manager Busch. Brooks
appears to be the chief hope OF Busch.
but he has been worked hard this
week. Brooks does not impress the
fans as a pitcher with the stamina
Of Efird or even Creiger.
Both the managers will do lot of
figuring on that first game for Peters
burg has got to win 1t to be in the
hunt. and naturally Busch must put
cut his strongest fine up. II appears
that the Petersburg manager does not
care to take chance with Hedge
peth and that Brooks is his strongest
card II the SLOW hurler can defeat
the Tigers again, however. he will do
more than most Richmond fans be-
lieve him capable of doing.
asrtA tn
stays of Manager Presley. as Peters
burg has taken kindly to Gardin more
than once. The portpaw is a great
pitcher when he is right. but when
he is bad he is like the little girl with
the curl
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

YORK. Spst 6.~~-Some sharp
drives in the ninth inning gave Inc
Athletics the verdict over the Yanks
today. To t'rstte, although hit
harder, was steadier than Mcdonnell.
Baker and Leiiveit pulled down three
hits apiece.
Score nv innings. Il H E
PhIta. i0o0o0t e2~-4
Yankees ~. 81 o Q 90 O ! % IL |
Batteries Crab and lap; Neon
nell and Sweeney.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

LEXINGTON, Sept
vorite. and second choices aye11
card te,lay. Helen Barbee.a
in thea feSNurc event was a.
to 8 certain clique of plun9tI
tuckians. They. thought CaSGS(
the coed thing in the RAGS. N.Y.
chance Humphrey sprint4x
hJve frTr- trim Helen Aafl
lost when he was as good "
the lost. AZ il was he firiial1&
The closes. finish OF tho an 81
with the running OF the MI
In this Lodona was the fxvox
she failed to run like It. pmlx
able to beat Rallishee by q nlkG
for the toing. end OF the Hsf1
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

ST. LOUIS. Sept. 6.--The Cardinals
tried out a lot Of. youngsters toAay,
and the Pirates beat them. to o.
Evans assisted q lot when he let two
ground balls 10 past. Magee missed
cne that cost two runs. Cooper. q
Pirate recruit, pitched steadily, and
got out Of several bad holes.
score ny innings: r. II. e.
Pittsburg ...5.i... 023 120 0o0--s IS O
st Louis 4. coo 600 900 9
Batteries: Cooper ana simon,
Ereiner, Geyer and Snyder.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
2 innings. Umpires-Klem and Ortiz.
Attendanee--10,0 1000,
Cubs Win From Reds.

CINCINNATI. Sept s.--The Cubs
came Yrem behind In ninth inning
rally today and took the game from
the Cincinnati Reds. s to 5. Fromme
had The game saltea & 10 3, when
Zimmerman faced him in the final
round. Heine reached first on a
grounder.. and. bad !, fielding. Safer
knocked a single. and Zimmerman
reached third. then he promptly stole
home. and in the ensuing confusion
Safer reached the three-quarter pole.
Evers poied double and tied the
count. A single by Cotter won the
game. Both Fromme and Richie
played loose ball.
Score by innings: r. III, f.
2000f 0 0 0 SIS 8 -
..I0u11o2 0--5 10 s
Batteries: Richie and Cotter;
Fromme and Mclean.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
BAY state Afsr, win a.

SEA tiIRT, Nc T.. Eep{ X
scoring 1.104, eight points b1
record In the match. eight
chusetts marksmen today
richest trophy of the tourn41
$4,000 Dryden bronze. JMA
the record was 1.096. ~
year ago. The District Ut
scored second with as069 ssss d!
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
potleers f,efe.f Br.res

BROOKLYN. Sept. S.--Playing fast
ball behind Curtis. white he held the
hositles to three hits, the Dodgers beat
Rostons today. > to /. The Dodgers
arst run Kaa homer over the left
field fence.
Score by Innings; r.. Fl. r..
BOSTON 70 q 40 B D n 4 Oh i q o
Brook 10 400 n 81 x2 !.
u batteries: rdue nonnclly and
kartdens Custie AAd Etrwln.s MI
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

DETROIT Seut 6.--The st Louis
Browns won today's game with the
Tigers. to 2. Hamilton was in good
form. and held the Tigers safe an the
way.
Score by innings r. II. r.
st Louis 10000 oienS o Cd IL o
Detroit 100000 / o. 4 o
Batteries Hamilton, Allison and
kricheli. Wheatley. Covington and
kocher and Stanase.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

Summary. Two-ba hits--CiOrdon,
Strain BURKE Home run ~ Graft Sac
rihce hit--Lucia. Stolen bases Car
ter, McComas. Double play Bussey
10 Grim to Garman. Struck out
BY Pool. 3, Base on halls--By Pool.
3: BY Bussey, 1. Left on bases-Nor
folk. 4; Richmond, 1. Umpire--Mc-
Namara. Time. 1.25. Attendance,
$500.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Hearina h cortinued

The preliminary hearing OF Charles
IA Bortner. charged with heinE fsigi-'
tive from Penhsyivania. VAS confinned
IN Police court yesterday To SAptats-f
Der ltth. He ii wanted In York. Pa,
on q charge OK forEeFys
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Roanoke,

Summary: Two-base hits---BuS
and simmons, Stolen bases--Shio1e
Double piays-Efird. Newton nlSI
Pressiy: Simmons and Barnett Bn1
on balis--Om Crefger. l.: on Edrda ~
Left on bases-PetersburE. &. R0&2
noke, 4. Struck out--By Creiger. n
Ehrd. 3 Time Of game, 1:40. IT,
pfre, MIR. Norcum. Attendance. z.Eo&S
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Battle Axes to
Play Petersburg

Or. William Fl. Parker. manager of
the Battle Axe team, has arranged
two games with the Petersburg club
OF the Virginia State league, the first
to be played in Richmond ON Monday,
In Broad street park, and the second
in Petersburg. DR.. Parker is conf
dent that his amateur champions are
capable of giving the leaguers a bat
tie and the local fans will not be sur
prised IL the Battle Axe boys show
themselves of minor league calibre.
Strain, with the Richmond club be-
hind him, last year, beat the Peters
burg club. and in Hulcher and Whit
held. pr. Parker thinks. he has two
pitchers who are as good as Strain
was then. In this he may be mis-
taken, but the games between the
amateur team and the leaguers are
sure 10 draw good attendance.
The Brittle Axe team tackles the
champion Pepco team of the Dis
.rict or Columbia in double header
IN washington today. and the local
Ians are confident that the Richmond
champions VIII at least WIN one game
HYicher will pitch the first game and
winfield the second. Manager Grit
nm. OF the Hichn1ond team. said yes
terday that he might go to Washing
ton TO look over the boys, but Score
tary Bradley said last night that his
manager would be unable to get
away.
Griffin will manage the Colts next
year. He has made a big hit with
the rams, Kept his team right up I'm.
the fight to the finish, and had Il
not been for the illness of two OF his
players the chances are that Rich
mond instead of Roanoke would be
IN front in the league race today.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

MAYER is HIT HARD
National League Came.

National League Games.
New York, 8; Philadelphia, (first
game.
New York, Q; Philadelphia, s (sec-
on3 game).
Brooklyn. 2; Boston, /.
Chicago, 8: Cincinnati. 8.
Pittsburg. s. st. Louis. 0,
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
WOOD WINS OVER
WALTER JOHNSON
DOUBLES ny SPEAKER AND LEWIS
SCORE ONLY aus IN BATTLE
OF PITCHERS.
NINE NATIONALS FAN
JOHNSON ONLY ALLOWS FIVE HIT
but TWO COME TOGETHER,
ATHLETICS. MAPS AND
BROWNS WIN.

American League Games.
New York, 4. Philadelphia, ?.
Boston, 1: Washington. 0.
Cleveland, S; Chicago. 2.
Detroit, 4; st. Louis, ..
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Ansrjcan A.so<i at;on c.n,e.

Toledo. I. Columbus. 8.
Louisville. s; indianapolis. 4.
Milwaukee, .; st. Paul, &.
Kansas. City. 5: Minneapolis, 1.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
by innings

Summary: Two base hits-NcBride.
I.aporte, Speaker. Lewis. Stolen bases
Poster Bases on balls--Of Wood,
); of Johnson, /, Struck out-Hy
Wood. 9: by Johnson. s, Sacrifice
hits-Ainsfnith. Lewis. Double play
Wood to Wagner, and Engie. Umpires
connolly and Hart. Attendance, as
oao.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Standing of Clubs.


Norfolk in Richmond 1.-TWO games,
beginning at 40 o'clock)
Roanoke in Petersburg 1.-TWO games)
Newport News In Portsmouth 1.-TWO
eames).
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Standing OF Clubs.

Games Today.
Washington in Boston.
Philadelphia In New York.
Cleveland In Chicago.
St Louis In Detroit
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
pbifafifsiyshia.

1VSfftH %
sBatted for Deyore In third
"sBatted for Rixey In sixth.
sBatted Tor Nicholson In eighth.
NSnodgfass out for Interference.
Score by innings: r.
Giants 5000 0 2 I o 0 0 %
PhiIiies o 0 0 o o o %
Summary: Sacrifice hits--Tesereau
wilson Stolen bases--Merkle, .:
Hacker Herzng Double play Pas
kert 10 kiilife1 Left on bases--New
York, 10; Philadelphia. s. Bases on
halls--Or Rixey. 8: Off Nicholson. ?:
or Nelson. + Off Tesreau. ?. Struck
cut--By Rfxey. 8 by Nelson. l. by
Tesereau, .. Wild pitch-Rixey At
tendance-s.o Goa. umpres-klem and
Orth.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Virginia League Pennant Race Will Be Decided Today
RICHMOND WINS FROM
NORFOLK TARS, 5 TO I


Richmond, 5; Norfolk. 1.
Roanoke, Q. Petersburg, 0.
Portsmouth. IL; Newport News. 3.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07
Motoring Notes.
Good Road News
and Trade Matter

Chairman Robert b. Airport of the
special committee appointed by Pres
mond Automobile club, to organize
a. reitabifity run, bag called meeting
of the committee to be held tomor-
row Sunday at 1880 A. M, in the
rooms OF the Automobile club. Be-
sides Mr. Airport. the members OF
the committee are Rufus c, Williams,
E. c. Pelouze. Fritz Sitterdfng. Jr.,
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

stson.inaed on Sixth Page,
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-09-07

Esdtteu TOT +NItIlUisUH III NtkHtN
NSnodgfass out for Interference
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
"Ex-Omcio" Selection.

Eyes. but J wasn't always able TO get
them al the price we wanted
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20

present these reports of the voting
trustees for the Northern Pacific ana
the Southern Railway"
Mr. Untermyer looked at the reports
Mr. Morgan presented and asked II
they were not arguments by the voting
trustees in behalf of their good man
agement." Mr.. Morgan replied they
were the reports Of the trustees ana
Mr.. Lindabury interposed to say they
were accounts of the stewardship OF
the voting trustees"
Don't you think that interstate cor
porations should be entirely free 10
sell their securities I'm the open market
and not be tied up to one firm no
matter how Just its methods asked
Mr. Untermyer.
NO. not necessarily, replied MT.
Morgan.
Taking up the Southern Railway sit
uarion. he said he saw no objection to
directors appointed by himself as
member of a voting trust entering into
a fiscal agreement with his own firm.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
Steel Corporations Directors.

Mr.. Morgan said he could recall no spe-
clfc case and Mr. Urtermyer returned
to the fiscal arrangement with the United
States Steel Corporation.
Didn't you name the entire board OF
directors OF the United States Steel Cor
poration?' asked Mr. Untermyer,
II think / passed on it,"
But didn't you hand out a slip con-
tanning the names?"
IF passing on the board is naming st,
| am quite willing to assume all the re-
sponsibility' said Mr.. Morgan.
But didn't you say who should go on
and who stay on" persisted the lawyer.
II possibly did the latter" replied the
fnancier. and a laugh came from the
spectators.
Mr. Morgan said he had not passed on
all who went on the board of the Steel
Corporation, but no members had ever
gone on the board against his protest.
Mr.. Untermyer asked II Mr.. Morgan
had not named Judge Z. II. Gary for
chairman of the Steel Corporation
finance committee when George w. Per-
kins resigned.
Il think so. It's very probable. |
don't remember now" was the answer
who fixed the prices at which the
various subsidiary companies should 20
into the organization asked Mr. Inter
myer'
81 approved the price," said Mr.. Nor
gan
"But it was left to you to detEmine
the price at which they Should come inn"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
Banks in Underwritinas.

Mr.. Untermyer asked II there were not
many banks In New York not allowed to
participate In the Morgan undcrwritngs.
"Iany don't want TO participate" re-
piled the witness.
"Can you tell us Of the amount of Sc
curities marketed by your firm year by
year?"
Mr.. Morgan could not say. lie did not
believe It would amount to s1.UD00O.000 a
year. lie agreed to furnish a statement
To shov the amount. Il Think it's gener-
ally overestimated." he remarked.
Mr.. Morgan took up the relations of
the Morgan firm and the First National
Bank. which he referred to as Bakers
bank" He said he personally. had been
close to George +. Baker "siuce 1898"
He said the two firms worked together in
"A great many bond and stock issues. Mr..
Morgan could not remember when the
First Securities Company was organized,
or whether its hoard OF directors was
identical with the board of directors OF
the First National Bank.
Mr.. Morgan said his son. not himself.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20

Christmas gift.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
Opposes Open Competition.

AR I-ntermver asked if Mr. Morgan dld
not think securities Of interstate CORPORA
tons should be sold in open competition
as were United States bonds
IF do not. said Mr.. Morgan. who added
I that there was plenty Of competition Tor
railroad securities.
Mr. Umtormyer asked where there could
be competition between the New Haven
road and Morgan & Co. in the sale OF
/ New Haven securities.
! '"Thev may want a great deal more Tor
/ them than we think they are worth sara
/ Mr. Morgan.
/ DO you think it would be better for the
railroad TO be able to offer its securities
| to another banking house.
mo. / do not" returned MIR Morgan
! He added that the position Of the bank
/ ing house often had much 10 do with the
stability and success Of corporations
| There's another point about It, nc
went on "You must remember that all
securities sold and issued are not always
good, and when there is a responsible
fiscal agent there is moral strength be-
| hind them
| "Win you name any instance Of a rail-
road bond proving bad where your firm
has had to pay the loss?" asked Mr.. I'm
| termyer.
| Il can't remember any case, but l know
| there have been several" said Mr.. Nor
gan.
An of that comes out Of the security
holder?'
NO. out of the property
! But that eventually comes out of the
security holders" suggested the attorney.
| Look over the whole history Of the rail-
road and see II you can find one case
where the banker has had to stand the
| loss"
well. I've had a good deal of railroad
ing" interrupted Mr.. Morgan with a
smile.
| yes. that's why I'm asking you about
! it," rejoined Mr.. Untermyer.