Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-06-14
.OPT|M|s7 IS NOW TO HAVE
HIS DAY IN WALL Street
Big business Perfectly Satisfied
With Old-Linc Hnltcr.Brokc
Republican Heading Ticket.
FIGHT TO FINISH WITH LABOR
Brokers Unable to Understand Why
/. c. C. Holds Up Decision; That
Will Open tho Money Market TO
Railroad Companies.
NY nnnAnAN WALL.

S;3W YORK, June 13!-As the
stock market had no definite word
urday the strength that was dis
played reelected merely the belief
that "A conservative ticket would be
named: That belief has been real
lied. The ticket named vii! receive
the enthusiastic support Of the IL
nencial and business world. Wall
the Democratic nominee. because OF
. the complete harmony in the Rcpub-
licnn party. Unless something en-
tirely unexpected complexities the
situation Wall Street expects n COM
plctc overthrow Of the Democratic
party hy the installation of bust
ness administration at Washington.
Investors may naturally expect
that the better times TO come VIII
be reflected in stock market quota
lions. but they must no; be too san
rible mess. Even the promise OF u
good business administration viii
not straightcn them ont at once. Rut
il is fair to assume that the stock
market has seen The worst and that
the great panic statistical statesmen
have been forecaSt!ns VIII be indeii-
nitely delayed.
Going Ia the Mat With Labor.
There is 10 bc = square fight on the
labor question and the country is GO
Ing 10 nnd out whether the !abOrrrs
who do not belong 10 unions are Ia
borers or just mere Americans, That
tor thinks. for the investor who has
saved a fcw dollars after years Of
hard toll has a notion that he IS en-
titled 10 some consideration as we'll
as is the man who spent his earnings
as they came in.
The Interstate Commerce Commits
sion hearings continue, although
everybody from the office boy down
knows that the commission can learn
no more about the plight of the rail
roads than 1t already knows. The
t,,,, = -
death for lack OF the food that has
been ordered for him. hu; instead OF
letting him have glass OF milk or
something that can be prepared
Interstate Commerce Commission is
roasting turkey, ordering wine and
everything. from soup 10 nuts and
wants to have Il fancy bill OF fare
printed and then announce that din
ncr is served in formal style before
the poor fellow gets n bite. II the
man Will lie so hungry he cant cat
and then they will have TO admins
ter ,receiversh!p scrums TO bring him
back TO life.
Plight of Chicago nnn Northwestern.
The Chicago ana Northwestern has
not only received none of the relief
that Congress has ordered the Inter-
state Commerce Commission TO give
to IL along with other roads, but II
has been compelled TO borrow SIS
100000 AZ a time when the United
status government owes IL enough
money 10 carry ii along without Dor
rowing. In despair il reduced it's
dividends as other high grade prop
critics may he constrained 10 do. And
about next September the Interstate
Commerce Commission will take
great credit 10 itself by announcing
that 1t has decided TO Increase the
freight rates. The fact that there has
been rascality in some Of the rail-
road companies is a secondary fact
jus, now. Honest administration Of
the government could punish the ras-
Gals without injur!ng the whole
country.
Disclosure was made the other day
ot vast profits rcapcd by the govern
ment by purchasing Liberty bonds in
the open market after the govern
mont had clubhcd the innocent in