davidaulloa/AmericanStories huggingface dataset:
Arizona republican., 1913-03-17
For Sale-Real Estate


 FOR SALE-100 fl. corner lot, close in on West Washington. Bargain price. See owner at 21E South 1st Ave east side of court house square, upstairs, room 2. Call today. small cash pay ment will handle this property. Will sell all or either 90 foot lot at a price that makes it q good investment. A splendid apartment house site. ds FOR SALE-A six-roomed house, modern, with nice shade trees and lawn. Good residence section, and close in. Can be had for $3450. Will consider good automobile as part pay ment. For further information, see or write Cloud Darnell l29 N. First Ave Phone Overland 491 If leo ACRES-Half alfalfa. half in grain. Good buildings. fenced 3 miles from good town. at Sll2.0o per acre.
 Twenty acres. good b-division proposition at s12500 per acre
 Ten acres. Bargain at S9Oo co.
 THE UNION REALTY co.
 130 No. Center St. If FOR SALE-A few bargains in Capital addition lots:
 90 it. on Adams St, between
 Fifteenth and Sixteenth aVcs $500 75 it. on Monroe St. between
 Fifteenth and sixteenth aVes $S2j 90 ft on Monroe St. between
 Seventeenth and Eighteenth
 ayes .......-.... S3UO soft, on Jefferson between Eff
 teenth and Sixteenth ayes. -. $500 W. NJ. FICKAS F No. First Ave. tt NEAR NEW SHOPS-Have large listing of choice building lots in this locality Get busy now if you want them. Tom Travis, Commonwealth Realty Co, 129-13l North First Ave. ii FOR SALE-75 foot front, F block from the Capitol building extra good buy for 5000, part cash, see Stewart 2l North 1st Ave. Overland 5S9. bn
Arizona republican., 1913-03-17

Wm. NJ COSTLEY & co. We make a speciality of country and city property. If there are any bargains we have them.
 r w. Adams St. tt
Arizona republican., 1913-03-17

FOR SALE-10 acres Al land in all falfa. New frame house. Fine well of water. 31a miles from city. Price $1,S00. Hill X Claflin, Real Estate and Insurance, Center Street. corner of Washington CDownstairs). If
 FOR SALE-Five lots in capitol ad- dition, fine locations at very low figues
 See Boon about it, 15 E. Adams St. If
Arizona republican., 1913-03-17

WE OFFER-The bargains and here they are. FOur-rOOm modern brlck house on corner lot, nice shade, good barn, all for $1150 and only s blocks from Washington on Second Ave. Good 8-rOOnl, modern brick home in N. F.. part of city for $2600, worth $S600, must be sold soon. Highly improved 27ta acre tract on Christy road. all in al
 falfa, good well, only 2l3 miles from city, price $5SOO. 20 acres, well sit
 uate, all in grain, price $l45.00 per acre, $500 cash. balance easy terms. Will trade for city property if well located. The Arizona Investment X Land Co, 42h w Adams. ii
Arizona republican., 1913-03-17

9 ACRES-Glendale. well improved and in alfalfa, $164 per acre. 40 acres, Glendale, improved, $100 per acre. SO acres. Glendale, all in alfalfa, $125.00. 60 acres, one mile from Center St, $125 per acre. Fred Jacobs, Impress Theater Bldg, 40 F. Adams. If
Arizona republican., 1913-03-17

MUSSEY'S SPECIAL, - ''MINET- TES"-New, classy and original miHia
 ture photographs, in our own unique art mounts Introductory price for a short time, 50 cents the dozen. Mus sey's Studio, Central Ave. and Adams St. 3-dg
Arizona republican., 1913-03-17
For Sale-Real Estate

FOR SALE-4O acres alfalfa, $135.00 per acre. House and lot, Collins Addi- ton, SI,00O.OO. 2R, 5, 10 acre tracts, suburbs. Inquire for prices, relin- quishments $2.00 to $20.0O per acre. N A. Morford 15 E. Adams St. If FOR SALE-Five acres improved land. w. E. Barry, R F. D. No. l. db FOR SALE-25. s5 s5 or 1s5 acres at a bargain. all in cultivation. 100 in al- falfa, fine stand, miles s. w of Glen dale. See owner D. l.. Conner, 215 Ma tional Bank of Arizona building. If 3 ACRES
 21a acres, just off Center St, at a bargain; easy terms.
 27H acres, one mile from Six Points, q bargain; easy terms
 ENGLAND & HARTMAN
 35 E. Washington
 Room 2, upstairs. If FOR SALE-4O acre ranch 30 acres alfalfa, house, hay shed, bored well. A mile to R. R. station. creamery. store, r. Q. Price reasonable Terms, owner Box 3293 Republican. br FEW GOOD BUYS-1sO acres, well improved, $l15.00 per acre. 160 acres. $40.00 per acre. so acres, good alfalfa, $135 per acre. 80 acres, close to market, $55 per acre. 40 acres, all falfa. $145.00 per acre. 40 acres, $500 per acre. Union Realty Co, 13o N. Center. Phone TAG. If
 - BARGAINS in residences. Ranch and business property, improved or unimproved Houses to rent.
 " K. JAMES.
 27 N. Center St.
 FOR SALE-4O. 80, 12O acres, all seeded, clean alfalfa best of location, good terms, would exchange for city property at cash value. Sale price s100 per acre. Walker Realty Co, 317 w. Washington. If FOR SALE-20 acres, good soil, northwest of Phoenix, only s9o.OO per acre See Sid Henry, 15 N. 1st Ave. If 40 ACRES-Orange land on Indian School road, $115 per acre. Good terms. John A. LentZ, owner. Corner lst Ave. and Adams St. If
 BARGAINS-GET THEM
 good room frame house, , lots good shade. east front, close in or North 3rd Ave. S350o Terms.
 Best 70 acre ranch, 3Ia miles from Phoenix $200 per acre
 New } room and screen. for 5000. New 3 room house $650.
 North front lots on West Adams close to Capitol, $55O
 Two lots in Milers sub division on Mcdowell road at s550 Terms.
 T. M. BURROUGHS.
 14 w. Adams St. FOR SALE
 20 acres. close in; all fine alfalfa; see this now Tomorrow some other fellow may have it.
 VIM. M COSTLEY X co.
 T. w. Adams St. If FOR SALE-At sacrifice Five acres with modern 5-room house, close in. also 21a acre tract in one block of car. nice brick modern See WoOdson, r. West Adams bn DAIRY RANCH COMPLETES acres. can be subdivided in acre tracts, 4-rOOm house, cow barn with cement floor. orchard. vineyard, 15 choice milk cows, chickens. new cream separator, horse and buggy, spring wa = gOns, tools, all at S250 per acre, only miles from the city limits. Exclusive ly with Healey Conrad X Co. 3z s. Center St If
Arizona republican., 1913-03-17

ONE SURREY AND POLE-Good buggy and gasoline stove. Phone 22S6 or 677. 3-dp
Arizona republican., 1913-03-17
For Sale-Miscellaneous

FOR SALE-A new sewing ma chine. Terms The Marvin Wake field Piano CO, POI w. Washington If
 TENTS. AWNINGS-Hay covers roll curtains. frame covers, tappOOns. sieeplnS porch curtains, anything in canvass Phoenix Tent X Awning Co 130 F. Monroe, both phones All if
Arizona republican., 1913-03-17
For Sale-Live Stock

FOR SALE-DeWey Rose tOppy sad dle and driving horse Central Av- enue Stable dg
Arizona republican., 1913-03-17

GOOD-Nearly new, Huntington pi- ano for sale cheap at Tavern Piano, 2l3 West Washington St. Piano tuning, Phone 163 Ak
Arizona republican., 1913-03-17

FOR SNLE-40 acres in the orange belt: all in alfalfa with modern i'm TroveEents \ bargain offer, with easy terms. Harry Kay Co, 9 w. Adams &.
 bD
Arizona republican., 1913-03-17

FOR SALE-3 lots in Burroughs Add, $500 each, s25 down, $1O per month. 1 house near East Lake Park, $500, $50 down, $15 per month j. B
 Heyne Realty Co, IS w Adams. If
Arizona republican., 1913-03-17

FOR SALE-S0 acres GO acres in alfalfa) miles northwest of Phoenix, miles from R. R. station, fine tract at the special price of $130 per acre for a few days only. See Boon, 15 E. Adams. If
Arizona republican., 1913-03-17

FOR SALE-45 acres for immediate subdivision, just outside city limits. A snap at only $400.00 per acre and only $6000.00 cash will handle. This is good for $20 000 % profit in one year Address Owner Box 3294 Republican. If
Arizona republican., 1913-03-17
For Sale-Miscellaneous

~~~~~.~~~~~~-~-~~~~~-~>-~~~ -~-~~->~-->~->~~-~~e
 FOR SALE-70 tons of first class al-
 R. F. D. No. , miles southwest of
 Center street bridge dd
 FOR SALE-A good second hand
 Ford auto. 31 s. Center. bp
 GOOD BUGGY and harness, cheap;
 call 4OS West Jefferson St, rear bp FOR SALE-A bargain in fine sur
 rey. This is in good condition and
 worth much more than price asked.
 You can get it now for only 5000 cash. Morse, 40 1St St bn FOR SALE-Roadster automobile used only 14 months. bargain if taken at once. Inquire Dr. Cron, corner Adams and 1st Ave bp FOR SALE-Bottling works for making pop for sale everything com plete See Ira Beck, Phoenix, Ariz.. Phone 525 bp FOR SALES horsepower gasoline Stover engine, good as new, also jack and pump, Stewart Fields X Hammels, g. West Adams St bp Tofs sS1AliI-o oHtdp f1dN press. good as new. + l.. Odel. R F. D. No. 9 bp FOR Wocdbury horsepower. for eight or twelve horses. Cheap. II. H. Creighton. McDowell Road. br ALL KINDS Fresh Seeds, Poultry Supplies Incubators and Breeders. Sturges Hay and Grain Co.,. 125 E.. Jefferson. If FOR SALE-5-passcnger Marathon auto, almost new. Will sell at sacri- flee. Address M. L. Republican. ds Monitor sad irons. The best gasoline iron on the market. We have quantity on hand. See them at the Phoenix Furniture Co.,, 30l West Washington. If OVERLAND AUTOMOBILE H. P. in good condition for sale or trade for live stock or real estate Manistee Ranch, Glendale, Arizona bp RECLEANED
 Alfalfa seed, 13c and up.
 STURGES HAY X GRAIN co.
 125 E. Jefferson St. If GOOD-Nearly new. Huntington pi- ano for sale cheap at Tavern Piano, 2l3 West Washington St. Piano tuning, Phone 163 Ak MUSSEY'S SPECIAL, - .'MINET- l TES"-New, classy and original miHia- ture photographs, in our own unique art mounts. Introductory price for a short time, 50 cents the dozen. Mus seys Studio Central Ave. and Adams St. 3-dg ONE SURREY AND POLE-Good buggy and gasoline stove. Phone 22S6 ! or 677. 3-dp FOR SALE--One second hand safe, | Ph0aniY WarahouSa Co. If
Arizona republican., 1913-03-17

BARGAIN EXTRAORDINARY 100 feet close in corner, partially improved with two story building, price $30,000, $1OO0O cash. J. w. Stacy, 129-131 North First Ave. If
Arizona republican., 1913-03-17

FOR SALE-Twenty acres all in
 alfalfa. 51a miles north on 7th Ave, from Phoenix. This is a bargain. Reason for selling, owner is going east Price $6,50000 if taken at once. For further information. see or write CLOUD DARNELL. 129-131 No. First
 Avenue. Phoenix. Arizona. Telephone Overland 491. bp
Arizona republican., 1913-03-17

FOR SALE AT A BARGAIN-I real ly mean a bargain for $700 cash 1 will sell house and ? fine lots one lot has old shade ali around, owner sick and must have money, see GROOM, 21 North 1st Ave- Overland 5S9. bp
Arizona republican., 1913-03-17
For Sale-Houses

FOR SALE-One new fOur-rOOm cot
 tage with bath, toilet, city water, equipped for electric lights built in
 kitchen cabinet and cOnveniences. Lot 100 feet front and 40 feet deep, Is foot alley. A lot of fruit trees, mostly pears, palmtreeS etc. House just com
 pleted. Located in Wise Addition. This house is a gem and will please the most fastidious. Price $2250 Terms, $200 cash, balance $20 per month with
 interest per cent, paid semi annually. Call and let us show you this fine buy. Phone 386. Arizona Auction X Devel-
 opment company. 16 F.. Adams If
Arizona republican., 1913-03-17

FOR SALE--One second hand safe, Phoenix Warehouse Co. 1T
Arizona republican., 1913-03-17

FOT: SALE 1GG acres southwest of Glcndaie all in alfalfa anu grain; liber- al terms at $1o0 an acre. Harry Kay X Go, W. AIamS St. bp
Arizona republican., 1913-03-17

FOR SALE-F'ive acres improved land w. E.. Barry, R F. D. No. l. db
Arizona republican., 1913-03-17

COMING-A carload of exceptional
 ly good young farm mules. on Friday. March 21. Higley Horse & Mule Market. West Jefferson St db
Arizona republican., 1913-03-17

AN ESPECIAL GOOD BUYS lots in Collins Addition, close to the new railroad shops. Price $500. $500 cash will handle. See us Monday. Arizona Auction & Development Co, 16 East Adams street
Arizona republican., 1913-03-17

FOR SALE-Watch Phoenix Grow. Come on new conner let us get the money, A wise man from the East yes
 terday bought a beautiful % acre tract on Tempe road which he is now ut
 ting in five acre tracts. and building neat little bungalows which goes right back on the market 5000, $20O cash balance $2O a month. What is he doing, doub- ling his capital. Some more good buys for the wise and fortunate. 39 acres on Tempe road. 4-room house, brick, fruit. alfalfa, $15O an acre. $100 under value. 40 acres, all in alfalfa, Groom brick house, fruit. fence in fields sS000, 5000 cash, $500 a year. Some swell bushes sites for les than $100 a foot guarantee of $500 a foot on or be- fore years. Now is the time to get the Pesos in Phoenix. 21a acre tract
 close in. 5000, $1OO cash, balance SIC month. 5-room modern house, acres. s4OOO, 5000 cash, balance to suit NJ. Fl. Shelton. 215 w. Washing ton. open Sundays. If
Arizona republican., 1913-03-17

FOR SALE-25, 65. S5 or 185 acres at bargain. all in cultivation. 100 in al- falfa, fine stand, miles s. w of Glen dale. See owner D. l.. Conner. 215 Ma tonal Bank of Arizona building. If
Arizona republican., 1913-03-17

3 ACRES
 21a acres, just off Center St., at a bargain; easy terms.
 27H acres. one mile from Six Points. q bargain; easy terms. ENGLAND & HARTMAN 35 E. Washington Room 2, upstairs. If
Arizona republican., 1913-03-17

FOR SALE-40 acres alfalfa, $135.00
 per acre. House and lot, Collins Addi- tion. $1,000.00. 21a, 5, 10 acre tracts, suburbs. Inquire for prices, relin
 quishments $200 to $20.0O per acre. N. A. Morford, 15 F.. Adams St If
Arizona republican., 1913-03-17

FOR SALE-70 tons of first class al- falfa hay $12 per ton on car. A. Weller R. F D. No. miles southwest of Center street bridge dd
Arizona republican., 1913-03-17
MARCH

MAXI
 Plant this month Alfalfa Oats BeetS Barley Rye Lettuce Wheat Beans Carrots COttO Melons CitrOnS Asparagus Plants Onion Sets Squashes Lettuce Parsnips Indian corn Tomato Plants Fruit Trees Olives Peanuts Pumpkin RadsheS Cucumbers Eucalyptus Grass Seed
 ARIZONA SEED COMPANY l37 North Central Ave, Phoenix. gb FOR SALE--Several second hand motorcycles at prices to suit. Phoenix Cycle Co, 133 N. Central Ave. If FOR SALE-FOr $65 if taken at once l tenfoot airmOtOr windmill with 40 it. tower. Geo. Hageman If
Arizona republican., 1913-03-17

FOR SALE-40 acre ranch, 30 acres alfalfa, house, hay shed, bored well. 4
 mile to R R. station. creamery. store, r. O. Price reasonable Terms, owner Box 32g3 Republican. br
Arizona republican., 1913-03-17

FOR SALE-20 acres, good soil, northwest of Phoenix, only s90.00 per acre See Sid Henry, 15 N 1st Ave. If
 40 ACRES-Orange land on Indian School road, $115 per acre. Good terms. John A. LentZ, owner. Corner lst Ave. and Adams St If
Arizona republican., 1913-03-17

FOR SALE-40. 80, 12O acres, all seeded, clean alfalfa, best of location, good terms, would exchange for city property at cash value. Sale price s100 per acre. Walker Realty Co, 317 w. Washington If
Arizona republican., 1913-03-17

ARIZONA SEED COMPANY l37 North Central Ave, Phoenix. gh
Arizona republican., 1913-03-17

Twenty acres. good sub-divisioi proposition at S125.00 per acre.
Arizona republican., 1913-03-17

BARGAINS in residences. Ranch and business property, improved or unimproved Houses to rent
 " K JAMES,
 27 N. Center St
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1913-05-26

Miss Carrie Park of Grafton visited
at \. b. Stark s over sunday.
The ladies aid society of the Bap-
fist church will serve q clam ehow1er
supper il the vestrv Wednesday eve
ming.
State Attorney and Mrs a. ID IT..
Piper aud daughter and Mrs. Fannie
Howard of Brattleboro spent the week
end at David Eddy s.
The woman S missionary auxiliary Of
the Congregational church viii meet
Thursday at O'Clock in the church
parlors. The subject viii be the first
of a series on China, with specially
prepared papers and Chinese curios.
The tea viii be on the picnic plan, an
to bring what they please. The food
viii then be put together and served
as usual.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1913-05-26
JAMAICA.
Memorial Sunday sermon.

There was large audience at the
union service held at the Baptist
church sunday, scott post, No. 1i. aud
thc Woman i Relief Corps being the
invited guests ana attending u a
body The church was beautifully
decorated with lilacs. evergreen. flags
and bunting Special music was rem
aercd by "a quartet. After very inter
esting sermon hv Rev. r.. g. Brewster
the audience remained standing until
the guests hal marched ont, giving
the salute.
The pastor preached from the text
Tim. 1. Is and Tim. %. OF an in
every age who buckled Oh sword. ear
riCl hassock ard musket. ana foot sore
marched to martial music, mono were
drawer or better or fought In 4 uohler
cause than the heroes Of this American
republic. No pen can portray. no
chronicle describe, no orator declare.
no Imagination can paint. NOR any
heart ever imagine, the suffering, the
horrors. the trials, the fluctuations. the
distresses, the misgiviugs and the
hcartarhcs Of this goollv company az
heroes ana their mothers. wives broth
ers ann children At home. Armies aron
armies Of rripple~ came home to suffer
There were million widows AMI over
three million orphan children.
The war is not over 1T VIII not
be over until the last cripple has been
laid away, the last orphan child ha.
found its parent again, an3 evcrv suf
fcring woman has been returned Il
her long lost beloved
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1913-05-26
NORTH \HINSDALE. N. H.
Plans for Memorial Day.

The Memorial day exercises VIII be.
gin at o'clock Friday morning i'm
the church. The program win open
with prayer by Rev. NJ J. Ostevee,
after which the children win be heard
in patriotic songs and reeitations. The
main address of the day will be deliv-
cred by Attorney o. 3. Hughes Of
Brattleboro. A procession viii be
formed to march to the cemetery,
where the graves of the soldiers win
be decorated. After this lunch viii be
served on the church grounds. Eugene
Hastings viii act as commander. Ev-
everybody is cordially invited to be
present,
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1913-05-26

felt these criticisms more keenIy than
he did any other attack ever made
upon him, even in the period of bitter
ness and misunderstanding following
the Cleveland bond issues. 1t was ac-
cordingly one of the happiest- days of
Mr. Morgan's life when in 1906 the
company was able to resume dividends
on its common stock and resume them
under such conditions as to give good
assurance of permanency.
In the two years when no dividend
was paid the company had appropriate
ed from earnings very large sums for
new construction, and long before Mr..
Morgan's death was able to show that
it had put into new construction at
least $35O.000,O00, representing actual
fixed value for the common stock in
addition to what it had at the time of
the company's organization.
Mr. Morgan was the first American
banker to handle a foreign loan. re-
funding the Mexican governments
debt of S11O.00OOOO in 1899. Since that
time few foreign loans had been placed
here until the last year. Now all the
international banking houses consider
it as important from the standpoint of
the country's prosperity to place Amer
lean money abroad as to have foreign
money here
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1913-05-26
V~V%%~~~~~~@@~ ~V%@~%~sss-
MORGAN HELD
SCEPTER
He Was a Power In BANKING
Circles For More Than a
Third of a Century.

"INANCIAL circles are interested
- in the question of who will take
the place of ]. Pierpont Nor
gan in railroad and business
affairs. His son, who has long been
associated with him in business, will
become head of the Morgan firm, but
this does not necessarily mean that
he will ever have his fathers power.
No one man stands out at this time as
pre-eminently the leader. George F.
Baker, head of the First National bank
of New York and identified with fifty
eight big corporations. might fill the
dead bankers shoes but for the fact he
is seventy-two years old and is plan
ming to retire soon.
Banking is my business" was the
answer given by j. Pierpont Morgan
when questioned as to his vocation in
various court proceedings.
He was an organizer of great in
dustrial corporations, one of them the
largest company in the world; he was
the reorganizer of important railroads
and dictated the financial policy of
more than half the railroads Of the
country.
His prominence as a banker began
with the syndicate which enabled the
government to resume specie payments
in 1879 and increased steadily from
that time until his death.
His prominence in finance and in
corporate management or control was
of much longer duration than that of
any of his predecessors or any of his
prominent contemporaries and associ-
ates. A dozen years was the measure
of Jay Gould's control over security
markets and railroads After no longer
n time William II. Vanderbilt collapsed
under the strain of extending the New
York Central system and blocking the
designs of his opponents. E. 81. Harri-
man built up the most powerful rail
road organization in the country's his
tory until he came to be the dominat-
ing figure in railroad affairs, did all
this work in ten years and was gone.
Mr.. Morgan was forty when he came
to be regarded as a man of force and
ability in finance, and he steadily
strengthened his position for more than
thirty years without weakening under
the strain.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1913-05-26

THE LATE PERPONT MORGAN.
the Delaware and Hudson, which still .
controls it, and soon saw stock they
had bought at % cents a share go
above par.
The Drexels of Philadelphia had no
New York house, and the financial pri- /
macy of Philadelphia, which waned
with the decline of Jay Cooke had al
ready passed to New York They were
impressed with Mr.. AIorgan's achieve
ment in Albany and Susquehanna. took
him in as a partner and placed him in
charge of the New York house of the
reorganized firm of Drexel, Morgan &
Co. Mr. Morgan did business under
this firm name until 1895. although two
years before he had become senior part
ner. In 1895 the firm was reorganized
as ]. 2. Morgan & Co, and the Phila-
delphia business left to the Drexels
alone. In that house, the house of J.
s. Morgan & Co, London, and Morgan,
Harjes & Co, Paris, Mr. Morgan did
his business until his death.
doctor of Wall Street" In '93.
1t was in the panic of 1898 and in
the two or three years following that
the Morgan office became known as the
hospital for crippled railroads. Chaun-
cey NJ. Depew dubbed Mr.. Morgan the
doctor of Wall street" and the name
| stuck for several years or until the pa
| tients We're all out Of Mr.. Morgan's
| care Many of them Mr.. Morgan re-
! fused to discharge from the hospital
with clean bills of health for several
| years. These cases We're those in
| which it was deemed necessary for the
bankers supplying the money to retain
control of the properties so as to see
| how the money was spent. There orig
method of control.
The organization of the United States
Steel corporation, with its capitaliza
ton of $1,000, 100000, then as now the
biggest company in the world, was the
greatest of Mr.. Morgan's achievements
yet the negotiations, tremendously diff
fcult and complicated though they
were, were carried through with unex
ampled speed.
Criticism Wounded Him.
, To the United States Steel corpora
ton from the time of its organization
up to the time of his death Mr.. Nor
: gan gave more of his time than toAan,
} other business matter. When the cor
E poration was launched he was yer,
! bitterly criticised for the extravaganza
of its capitalization. 1t was Charge
t that the common stock of S500.00o,00
n was all water, that it represented moth
ing and that sale of common stock wa
r nothing more or less than getting some
: thing for nothing. When in the depres
e sion of 1908 the company was oblige
Y to pass dividends on its common stoc
l. and the stock sold down to after hay
! ing been launched at 90 the criticism
s became extremely bitter and spread a
n over the world.
q There is no doubt that Mr. Morga
/ Many famous man knows not hoy
it happened.