davidaulloa/AmericanStories huggingface dataset:
The evening world. [volume] (New York, N.Y.) 1887-1931, 1914-03-03
HOW THE INFLATED STRUCTURE
WAS MAINTAINED.

" was the dtvtdendS or the UNDER
lying company that sustained the In
Hated structure. They paid the In
tcrest on tho collateral trust bonds
and left something over TO sweeten
the wsstered stock. In carly days u
few dollars Of dividends were passed
out to the holders of the now pre-
ferred stock Of the Rock Island Com
pany 81 New Jersey, but the common
stockholders never got more than
fieeting hopes Of q return on their
money.
The lean days OF the past six
months for all railroads have hit the
Rock Island hard. II In no longer
earning SUFFICIENT profit over operat-
ing costs and dividends ON the un-
DERIVING bonds to pay anything to tho
bubble holders. An ofhcial notice
says that no interest will b paid
on tho collateral trust bonds. That
blew the airy structure into nothing
| ness. Tho fictitious companies OF
Iowa and New Jersey have vanished
In thin air.
An extraordinary condition re-
mains. Tho underlying structure u
| sound and q good property. Tho Chi.
| cago. Rock Island and Pacific Rail.
| way Company, the original article az
II existed ton years ago, goes right
on. Only the fictitious superstructurc
Of fictitious companies. organised "a
noat $225. O00. 900 OF watered stocks and
| misnamed bonds. are gone tv tho
board. Tho problem 10 to get S-ck "a
the simple corporate existence Of 100,
and how to pump out the water that
has been poured into q gulliblc pub.
tic. There viii BE- no recsivership Of
tho original Rock Island Railway, bu,
an end has come to the Rock Island
Company Of New Jersey. that was q
holding company pure and simple
and the Chicago, Rock Island and
Pacific Railroad Company Of Iowa
that was nothing more than trading
| stamp concern.
The Dutchmen Of Holland who hold
| worthless stock. the Englishmen who
bought so-called collateral bonds and
the thousands Of American investori
who have been stung are trying to ge'
back to the old basis without losinl
any money. The collateral trust bond
holders have formed . protective com
Central Trust Company ~ chairman
They have the best Of the situation
because the original railway stool
WIS deposited - security for thell
bonds. In case OF an unscramblins
they get hrst claim on the origina
stock.
The holders Of watered stock In th'
bubble companies have formed . pro
tective committee Of their own, will
i william A. Read. banker. ~ chair
i man. Each In trying TO save some
4 thing for itself out OF the wreck
where thsy stand. who ert. the vic
| tins ana what they can DO ore PROB
lens that lawyers are struggling Owe
With completed perplexity.
\ Daniel q. Reid continues ~ chair
man of the board Of the Rock ISLAM
Company. which 10 the top Of the PIN
nacle, but active control OF railwa,
operations has been under the In
direct control Of the rich copper hrn
OF Phelps, Dodge q Co.
The evening world. [volume] (New York, N.Y.) 1887-1931, 1914-03-03
GREAT ROCK ISLAND BUBBLE
BURSTS AND THOUSANDS Of
+. VICTIMS MOURN LOST CASH

poorest gamble In the security
market The certificates represent
nothing but the right to
10 Assessed At least so par share IN
hopes Of saving something out OF the
wreck. Tho old adage Of sending
good money after bad 10 the heritage
Of every Rock island stockhoidse.
There are thousands Of thsss stock.
holders scattered around the United
States and there are hundreds more
Of thsm over In Holland. whore buy
ing Rock island has been ~ mad a
mania a. that historic speculation In
tulips which made Dutch burghera
miiiionaires and paupcrs over night
sHRINkAoe OF S,os.oooooo IN
TEN YEARS.
At to-day's priccs there has been
q shrtnkage of 100000 within ten
years In the market prices Of sccuri-
ties that represent the stock OF the
ORIGINAL railway company. II wa
this original stock OF tho we'll man.
aged and profitable company that was
seissd upon by market manipuiators
and made the spigot for the biggest
stock watering scheme that Wall
street has witnessed.
The water was pipsd in through
an Ingenious plan Of exchanging a
largo amount Of bonds and. stock In
bubble companies for . smaller
amount OF common stock in . per.
fectly sound operating railway com.
pany. In horse trading II would b
equivalent TO throwing In q wagon
The evening world. [volume] (New York, N.Y.) 1887-1931, 1914-03-03
TEMPTING oFFgRS MADE
THE OuODlG OloWeRo.

xOO O0OO1O OAOWOIU DOOBut 10 TO.
inaburse themselves with enormous
profits for the good money they had
put up to buy control Of the origt-
nal stock, and also to bait we'll tho
other old Stockholders to Join In the
trading scheme. So with the newly
organised Iowa and Jersey compa-
MES completely IN hand ana es1S ,0OO,.
900 OF freshly printed certificates lust
on the press. they turned the trick
with tempting offer.
For each 800 share Of the old Chi
cago, Rock Island and Pacific Rail-
way Company turned In for exchange
now securities a. follows:
One hundred dollars In collateral
trust I per cont. bonds Of the Chi
caGo, Rock Island and Pacific Rail.
road Company.
Seventy dollars In preferred stock
Of the Rock Island Company Of New
Jersey.
Ono hundred dollars in common
stock OF the Rock Island Company
OF New Jersey.
Total par value Of securities Of
fsrsd In exchange, $40.
The public could not stomach quite
! ~ much water all ut once, 20 when
, the new securities were listed on the
Stock Exchange prices were shaved
down below par. But they hOHted
away Oh the sea OF watered stock al
q comb ined price for all three OF
Si97. That meant that any persoi
holding one Of the original Rock Isl.
The evening world. [volume] (New York, N.Y.) 1887-1931, 1914-03-03
DRINK
HABIT
RELIABLE HOME TREATMENT.

RELIABLE HOME TREATMENT.
The ORRINE trsatmsst for the Drink
Habit can be used with absolute conf
dence. II destroys all desire for whiskey.
beer or other slcoholic stimulants.
Thousands have successfully used il and
have been restored to lives of sobriety
aud usefulness. Can be given secretly.
Costs only 800 per box, II sou fail ~
get results from ORRlNE after u trial.
your money will be refunded. Ask fol
ire booklet telling all abou, ORRlNE
ORRINE CO. Washington, ID. {. Fol
sals BY al Nkss.A sss1aa Drug etsrss.
The evening world. [volume] (New York, N.Y.) 1887-1931, 1914-03-03

and shares could cash In his trade
FOR 4ipi. ....
II has not been revealed what the
chicago quartet Of nanipuIators paid
for the original stock they hougbt.
but " was suv,l osed ~ be somewhere
between Sli5 and $3.50 per share, 80
that the margin OF profit was large
They held tightly. on 10 the preferred
stock because lis voting power gave
them control over the Whole bubble
They unloaded tho collateral trust
bonds and much Of the common
stock
The speculative Dutcbmen Of Iiol-
land were let In at high prices to buy
millions of the stock. The English
public was lured into heavy pur-
chascs OF the collateral trust bonds
For ten years the bubble has been kept
inflated and floating until at last the
end has come with the original rail
road company unable any longer to
keep up dividends and It's operating
officials crying for millions OF dol
lars vitality needed 10 buy engines
and cars snd to improve the prop
erty.
The evening world. [volume] (New York, N.Y.) 1887-1931, 1914-03-03

REvERsiON TO MONKEYIsM" Is what Dr. @. Campbell
London preacher calls the tango other dances
The evening world. [volume] (New York, N.Y.) 1887-1931, 1914-03-03

ERROR OF THE EARTH is rigid scientists hnd, but
ocality won't We when a thaw sets in.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
DAN JONES'
CASE ARGUED

Boise, Jan. 29.-The final stand of
Daniel r. Jones, former cashier OF
the Blackfoot State bank, convicted
on the charge CT embezzling $1,000
from that institution, was made Tues
day afternoon in the supreme court
when argument was Leard on his
appeal frsom the verdict and the SEN
tence. The specific charge Is that
while he was cashier of the bank
Jones wrote and cashed a check for
that amount and then drew the money
from the bank when he had no right
to, converting the money to his own
use.
The case was presented to the SUI
preme court by ID. C. McDougall,
former attorney general, and Attor-
ney Hansbrough of the law firm OF
Hansbrough & Gagon, counsel fer
the defendant and A. S. Dickinson
and Tom Coffin, assistant attorney
general, for the state.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05

Governor John NJ Haines has by
proclamation set aside Tuesday, Feb.
II, as child welfare day to be appro
priately observed in Idaho, as it viii:
be on that date throughout the nation.
The schools, clubs and other organiza-
tions are asked to hold exercises on
that date. The proclamation is as
follows:
Whereas, the National Congress of
Mothers has designed the 18th day OF
February, 1914, as day to be OBJ
served throughout the United States
as Child Welfare day and has asked
the cooperation of all state execu.
tives in bringing this matter to the
attention of the people, and
Whereas, the objects which this
congress has in view are exceedingly
worthy relating as they do to such
measures as will result in safeguard
ing boys and girls, giving to them
higher ideals of marriage and home
making, educating the father, and
training the mother in sIch manner as
will result in ennobling the home:
Now, therefore, /, John NJ. Haines.
governor Of Idaho, do gladly accede
to the request made upon me for the
designation of Child Welfare day in
this state, and do therefore set apart
the 18th day of February, 1914. for
this purpose.
recommend that on the day in
question the ministers Of our state,
the teachers in our public schools, the
mothers societies and clubs, and all
others who may be interested in this
matter arrange for the holding Of
such exercises, and for the giving Of
such instructions as will accomplish
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
BACK ON THE JOB

Deputy State Attorney General
Guheen arrived in Blackfoot last Sun
day on official business with the
United States Land Office Although
Mr.. Guheen attempted to sever his
connection with the land office sev-
eral months ago to accept his pre-
sent position, he still holds the re-
ceivership. and his $4,000 bond has
not yet been withdrawn. He is here
as receiver Of the land office, and
his work in that capacity will de-
tain him here several days, or until
the return of Register Kiefer, who is
on a business visit to Idaho Falls.
Owing to the reduced force of the
land office since Mr.. Guheen moved
to Boise, the work has somewhat ac-
cumulated on the present force, and
the general land office has sent At
torney o. A. Bergin, Of Washington,
D. c. to assist in bringing the work
up to date, which. owing to an un-
precedented increase in business this
year, the present reduced force was
unable TO do, although they have
worked late and early to do so.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
A LIVE
= OLD TIMER

w. H. Homer, of Provo, Utah, was
in town this week visiting friends and
representing the DeLaval cream se-
parator. He came to Utah from Iowa
in 1858, and located in Franklin, then
in Oneida county, in 1850. In 1879
he was first elected sheriff Of old
Oneida county, when she was bounded
by Wyoming on the east, Utah ON
the south, thence running west and
on the state Of Nevada
Thence north to Snake river, thence
up Snake river to a point directly
south Of the center Of Mud Lake;
thence north Of Mud Lake to the top
Of the Bitter Root range; thence
east along said range to the National
park; thence south along state limo
between Idaho and Wyoming to
place Of beginning. Since Mr.. Ho-
mer first knew Oneida county it has
been divided into nine counties, and
although he has travelled through
forty-eight states. Canada and Mex
leo, his heart is still with Idaho.
where he again some day expects to
reside. He is 6s years old, hale and
hearty, and says he feels about as
young as he did when he vas but 81.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
Denies The
Allegation

State Veterinarian v. C. White.
who spent last Saturday and Sunday
with his folks in Blackfoot, denies
that he ever paid bounties more
than once on the same coyote scalps.
He says that while here spending
the holidays, an attempt was made
to defraud the state by collecting more
than once on the same coyote scalps,
but that on his return to Boise he
discovered the game and refused to
O. X. the vouchers, which called
for $173, and not $500 as reported.
He says he has never permitted q
dollar Of the state money to be paid
out without getting full value for it,
and no one who knows him will doubt
this statement, as he is q vigilant,
shrewd young man, one whom 1t
would be difficult to dupe in the man
ner reported.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
WILL. BE SOLD
WITHOUT DELAY

The Big Lost River irrigation pro.
ject will he sold at public auction at
HALEY February 16 without more
delay. 1t is believed that there will
be no other bidders than the Corey
Bros. Constsuotion compapy to cat
isfy whose lien the property is Being
sold. No agreement has been reached
between the construction company
and the bondholders, as far as it is
possible to ascertain, and it is not
likely that the latter will make any
attempt TO secure the property, says
the Boise Statesman.
The sale includes the reservation
site. all construction work and right
OF way for the irrigation system,
nest Of which lies within the cow
ties of Blaine, Custer, Fremont and
Bingham. The system proposes to
irrigate under the Carey act, 100..
900 acres in Big Lost River valley.
The company which undertook the
work was unable to complete con-
struction and Corey Bros. Construc-
tion company forced the sale Of the
property to satisfy their claim for
work already done. 1t is believed
the $1,500, 900 will be lost by the
inability Of the first company to COM
plete the work and the subsequent
forced sale.
If the system is bought in by Corey
brothers as is confidently expected,
the work will be brought to a com.
pletton this year.
Conditions of the sale require that
10 per cent of the price shall be in
cash payable Immediately and the
balance upon confirmation. The
amount of the judgment which must
be paid to Corey brothers upon con.
summation of the sale amounts uow
to about $650,000.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
FARMERS
INSTITUTE

Farmers Institute. under the aus
pices Of the Agricultural Extension
Department OF the University Of Idaho
will be held at the Orpheum Theatre,
Blackfoot, Wednesday, February IL.
Practical men and workers from the
University Of Idaho will discuss gen.
erA problems Of fruit and livestock
farming, soil fertility, crop rotations
and marketing the crop from the farm
These men urge farmers to enter into
the general discussion and to tell
of the local conditions which affect
farming and livestock production.
The meeting will begin at 10 a. m.
Men and women interested in the
work of the farm and home are espe-
cially invited to this Farmers Insti-
tute meeting.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
DIED IN CALIFORNIA

w. R. Jones, formerly a we'll known
business man and citizen of Black
foot, died in Los Angeles. yesterday,
and word was received by the secre-
tary Of Pocatello lodge No. 674, B.
r. y, Elks, of which lodge deceased
was member. He is a brother to
Caleb Jones Of St Anthony and D.
r. Jones, former banker of Black.
foot. Deceased was BORN in tho
Malad valley, where his mother still
resides, and was at one time mana
ger of mercantile business in Ma
lad, later going to Blackfoot. Follow.
ing the failure Of the Blackfoot State
bank, in which his brother Dan was
interested. the health Of w. r. failed
and he went to California in tho
hope Of recuperating. - Pocatello Trl-
bun0
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
FRED 7. DUBOIS
A HARD LOSER

he resigned to take a position in
the. office Of his brother, Attorney
John W. Jones, and was so employed
when his appointment as postmaster
was made. 1t will probably be two
or three weeks before Mr.. Jones will
be able to enter upon his new duties.
According to Washington dis.
patch in Wednesdays Statesman,
Fred T. Dubois. who has failed in
the naming OF Blackfoot's new post
master. is endeavoring to prevent the
confirmation Of Gregory Jones, who
ha1 been chosen by President Wilson.
This action on the part Of Mr. Dubois
came as great surprise to many
Of his friends AZ well as to Mr.. Jones
and his friends, politically and per
sonAily, who believe the ex-senator is
actaated solely BY malice and can
only succeed in delaying the confir-
nation OF the Presidents choice. We
understand Mr.. Jones has sent q
telegraphic message to Washington
demanding the reason Of this opposi-
ttoA to his appointment.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05

The long suspense that the probable
successor Of Postmaster Harry Curtis
caused has been removed by Presi-
dent Wilson, who has chosen Greg
'ory Jones for that important and
valuable position, and sent his name
to the United States Senate for tho
that no one doubts will
be given without any opposition except
probably that Of Dubois antagonism.
Mr.. Jones was endorsed for post
master by some Of the leading Re-
publicans Of Blackfoot, State Com
mitteeman Elder and John Nugent, ex-
state cheirrnan Of the Democratic
party Of Idaho His only opponent
was Fred T. Dubois, and his app
pointment is considered az q certain
indication that Mr.. Dubois and the
present administration are not very
friendly.
Mr.. Gregory Jones is q native Of
Arkansas, but has resided in Black
foot for the past twenty-five years.
He served as chief clerk in the local
land office from 1896 to 1904, when
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
CASE POSTPONED

On request Of Judge Bulge the
case Of J. M. Stevens vs.. e. A. Cooke
which was to have been heard In Po-
catello last Wednesday. was post
poned to Friday evening, when tho
deposed founder of the Evening
Courier, through his attorney. J. w.
Jones, will attempt to set aside the
on the ground that
Judge Bulge, who appointed the re-
ceiver had no Jurisdiction in tho
controversy.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
CHILD WELFARE
DAY PROCL AIMED

the purposes outlined by the National
Congress Of Mothers for this day.
In testimony whereof, l have here
unto set my hand and caused the
great seal of the state to be affixed
this 30th day of January, Nineteen
Hundred Fourteen.
JOHN M. HAINES,
By the Governor: Governor.
w. L. CLIFFORD,
Secretary of State.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
Of
John Parker

Word has been received that John
p. Parker died last week at the
home of his son in Olympia, Wash
inyton. Mr., Parker was resident of
the Fort Hall reservation for more
than forty years. He was one Of
the few white men permitted to live
on the reservation at that early day.
hs. was the father Of Mrs. w. w.
Blakeslee and Mrs. jeff Yandell, Of
Fort Hall. and Mrs. Annie Matthews,
OF Oklahoma a-Pocatello Tribune.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
AN ALLEGED GOOSE THIEF

Last Tuesday morning about 2
O'Clock, Mr. Howard, who lives in
the vicinity Of the sugar fac ory,
caught d. w. Smith in his henhouse
for the alleged purpose Of stealing
his geese. Sheriff Jones was notified
and responded, to the phone cali,
and td6k the captured prisoner to
jail, Who're he is said to have ad-
mitted his guilt.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
BOX CAR TOURISTS ARRESTED

Sheriff Jones boarders were In
creased last Wednesday by two col
ored gents who were found in car
of merchandise, by a brakeman, above
Shelley. From all appearances their
only crime was that of stealing q
ride.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
REF CHRIST WINS MEDAL

The Blackfoot Rod and Gun Club
held their weekly shoot last Sunday
with a good attendance r. Christ
made the best record and was award
ed the medal. Following is the score
out Of a possible rs bluerocks.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
J. A. GlvENs ARRESTED !

Caldwell, Feb. 2.-J. A. Givens, who
was vice president of the Bank Of
Nampa at the time it was closed by
the state bank examiner, is under ar
rest at La Grandc and is being held
for the Idaho authorities for alleged
Irregularities in connection with that
bank. A warrant is also out for the
arrest of Cashier Lore Of the same
institution who is believed to be in
California.
Ever since the failure of the bank
became known there have been runor
of Irregularities and Of the pending
arrest Of some Of the officers Of the
institution, who disappeared immcdi.
ately after the bank closed its doors.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05

J. H. Early is recovering from an
attack of erysipelas in one of his
feet, and is able To again attend to
business.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
CITY C0UN-
Gil MEETING

The City Council held a regular
meeting Tuesday night with all mem.
bers present but Councilman Alex
Younie, who Is absent from the city.
In the absence Of Mayor Wee. Coun.
Gilman Peck presided over the meet
ing.
Minutes Of previous meeting were
read and approved.
City Attorney Dygert and City En-
gineer Young we're present. and the
latter made an interesting report on
the city's. proposed power site on
the Blackfoot river.
The building application Of Alex
Younie to erect frame building with
iron sides in the city limits was de
MED on the ground that such a struc.
ture was not non-combustible, and
therefore forbidden by ordinance
The chair appointed Councilmen
Bond Davis and LaCourt to assist
the city attorney in the damage suit
of Lars Peterson VS.. The City Of Blacl
foot, in which the complainant claims
he was injured by reason of an al
legged faulty sidewalk.
Councilman Bond moved that the
city organize sprinkling districts and
purchase another sprinkler. Council
man O'Neil seconded the motion
which wcs unanimously carried and
referred to the improvement com
mittee.
Tho bill of w. r. Jones was de
ferred for proper endorsement.
Tho following bills were read and
oeslos,e>A Said.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05

Mrs. Batway, charged with prac-
ticing medicine illegally. is having a
preliminary hearing in the probate
court today.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05

Max Taylor, late city editor Of tho
evening paper, has resigned his po-
sition. and with his family returned
to Boise last Monday.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05

H. c. Tavey, manager Of the Brown
Hart Co., has been in Salt Lake, this
week attending q reunion and BAN
quet of Marshall Fields travelling men.
with whom Mr.. Tavey was at one
time identified.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
TONGUE ALMOST SEVERED

Tuesday afternoon Frederick, the
6-year-old son of Carl Bahle, Mac
Cosham's tailor, fell from a wagon and
almost severed the point of his
tongue. DR.. Hoover was called and
attended the wound, and the boy is
not going to lose his tongue, which
at present is very sore.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05
THE SUPREME >
COURT ACQUITS

Over a year ago Sylvinus .Gutke
was arrested and acquitted Of the
charge of selling liquor in a dry ter.
ritory. He was again arrested on the
same evidence and testimony and
convicted of selling liquor to minor.
It was from this conviction that his
attorneys appealed and were last week
successful in having the supreme
court set aside and acQuit their
client.
The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1914-02-05

Mac Cosham, the minute
haberdasher, is having his show
windows remodelled In the latest
and most classy style.