The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-06-22
TODAY
ANOTHER HAPPY DAY.
THE WHITE STAR SOLD.
FlREMEN AND kAISEKS.
BOOTLEGEERS AND BOOKS.
By ARTHUR BRISBANE.


Another happy. carc-frec day in
Wall street, except for foolish bears,
ignoring advice frequently printed in
this column. This is q bull summer r,
leading up to a rampageous bull au-
tumn.
Hard working brokers sold about
2's million shares Yesterday. United
States steel went to l30A, highest
price for all time. including war time
when civilized nations were buying
iron with which to kill each other.
In honor Of the day. q seat on the
stock exchange sold at $i55,O0O, also
high record. That's cheap for a
brokers' seat, in these "2 million
share" days. if you don't mind spend
ing your life wondering what's going
to happen next.
The White Star Line, an American
concern. will sell to British syndi-
cate for mot less than million
pounds" Thus American high finance
confesscs it's Inability to run ships
in competition with the rest Of the
world. The British relish that con-
fcssion.
It is fair to American owners to say
two things:
First. that running steamsphips on
the high seas cant be done we'll from
behind a stock ticker.
Second, that laws passed here for
the protection of sailors under tho
American flag make it difficult for
American owners to compete, especial
ly against ships manned by ASiatics.
On Long Island four volunteer fire
men confess that they set fire to
barns and other buildings "just for
the thrill" Two Of the volunteers
drove the fire apparatus, the others
were just fire heroes" They
couldn't bear inactivity.
That's something like kaiser, king
.or czar. with a well-traincd army. 1t
is hard for such gentlemen to remain
idle--as the world learned in l9l4.
The congressional committee on
alcoholic liquor traffic is told that
big b0otlcggers are financed by re-
spectAblcs banks.
Representative Upshaw, much dryer
than camel at the end of trip
across Sahara, says he will sec about
forfciting the charter of any nationaI
bank knowingly financing u bootleg
corporation"
That would not be in accordance
with custom. Money that runs into
millions is respectable by its very
size. and bootlcgging runs into many
millions.
Visiting cardinals from across the
ocean were welcomed in Chicago by q
crowd of 100000, including the mayor
Cardinal Mundelein. Of Chicago, 1000
Knights Of Columbus, in Ceremonial
costume with sword and baidric," and
1000 firemen wearing white gloves
Excitement and enthusiasm were SC
great, the desire to approach the car.
dinals as they drove along in thcil
automobiles, and if possible to kiss
the rings on their hands, was SO in.
tense, that police lines were kept
back.
New York. frequently and cruelty
criticized As u fast city,
adopts strict moral laws. May.
or Walker announces cur.
and night clubs to close up at
o'clock O'clock in the morning. That
seems more reasonable than the old
"cover fire" law that sent the citi.
zens indoors at sunset.
One fact tells more than fat vol.
un,es of history sometimes. Al
.Ridgewood, New Jersey, 2,7OO citizens
7 took the trouble to vote on an ordi.
nance to free dogs from vaccination
to prevent rabies. OF the 2,700 only
1855 took the trouble to express their
preference as to congressman.
Historians will be interested in .
community attaching pore Importance
to = local dog law than to its ma
tional representation at Washington
Take care Of your business and your
business will take care of YOU. MOI
(COntinue0 on page tnreG.)