davidaulloa/AmericanStories huggingface dataset:
Rassvet = The dawn., 1927-04-12

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Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

rival into his innermost sanctum and
carefully closed the door behind them.
They were not to be kept long in sus-
pense, however, for Mr.. Sabin seated
himself. leaned forward and an
nounced:
Boys, I don't want you to use my
name as telling you this. but l know
that Germany has asked President
Wilson to try to bring about peace.
I'm sorry that i can't disclose the
source of my information, but you can
rest assured it is reliable. That is all
l have to say"
Immediately there was a concerted
rush for the door, but in the haste of
the reporters to get the word to their
offices the doorknob was yanked apart.
For Is minutes the biggest piece of
news in the country was incarcerated
in a private Office along with bank
president and a dozen reporters. while
IA nervous secretary fumbled at the
job of assembling the doorknob so
that he could get them out.
Although publication of the Sabin
tip had severe repercussions on the
stock market, and although 1t brought
down official denials from the highest
sources and condemnation from others,
the banker has always vigorously
maintained that the statement was ac-
curate and truthfully represented the
situation at the time. And while many
have since questioned his judgment in
the matter. none who know him has
ever questioned his motives. 1t is in
teresting to note, viewing this incl
dent in retrospect, that on December
IL, scarcely stwo months later, Ger
many, through Chancellor Bethmann-
Hollweg, actually did make its official
overtures for peace and that the ia
nous Wilson peace note followed q
week later.
What purported to be the inside
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

tipping" an individual stock, played
the news hard" on their front pages
that the street really turned enthusi
astically toward the stock The next
day it's price was swept up nearly 10
points on tremendous burst of buy.
ing.
Queried by his firm, Mr.. Cochran. on
August 4, dispatched the following
wireless from shipboard:
I'm response to inquiries by a ship
news reporter on my sailing from New
York on holiday. l spoke with en-
thusiasm Of the earnings, manage
ment and prospects of the General
Motors Corporation. / authorized no
statement OF any kind as to the flu
ture price of the stock, which obvi-
ously no one can foretell."
1t is the unwritten law of % Wall
street that no Morgan partner is ever
quoted. The partners in their fire.
quent meetings with financial report
ers speak with comparative freedom,
safe in the knowledge that nothing
they say will be repeated in the press
except indirectly. Mr.. Cochran, for.
getting for the moment, apparently,
that he was "off the reservation" and
without the protection of this long
established custom, fell a victim to
the ship news practice of quoting
everything from which the reporter is
not specifically enjoined.
Whatever his temporary embarrass-
ment may have been, incidentally Mr..
Cochran has the unwonted satisfac-
ton of knowing that with the passage
Of a year his Tip" on General Motors
has made good
X X X
A MONG other noted tips" that have
made stock market history was
the so-called "Sabin peace interview"
Of 1916. About noon on October of
that year call went out from the
offices of Charles II. Sabin. then presi.
dent, now chairman of the Guaranty
Trust Co, to the financial representa-
tives of the newspapers. Mr.. Sabin,
1t was said. wished to see reporters at
l O'Clock. This procedure was itself
unusual. since Mr.. Sabin was not in
the habit of meeting the newspaper
men in a body. and consequently 1t
aroused no little curiosity. This GU
riosity was further heightened by the
air of mystery with which the bank
president led the reporters on their ar
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

story" of the Sabin interview was
Chicago newspaper. According to
the informants of that paper, whose
identity was not revealed, certain
neutral diplomats had actually pre-
pared to start for America as the
bearers of the German government s
proposals at the time of the Sabin
interview. j.. However. at about the
time Mr. Sabin received his informa
ton the alert intelligence department
of the British Government had learn
ed the same facts. Great Britain lost
no time in nipping the German peace
movement in the bud. g. A few days
later Premier Asquith made a state
ment in the House of Commons de-
claring that this war cannot be al
lowed to end in some patched-up, pre-
carious and dishonoring compromise
masquerading in the name of peace
If the Sabin interview shock the
market, the latter was to undergo
FAR greater reverberationS a few
weeks later when the Wilson peace
note made it's appearance. That let
ter. in which President Wilson offered
his services as mediator to the war
ring powers, was dated December is,
1916, but did not make it's appear
ance until three days later OF all
the leaks" and rumored leaks" in
the records OF the Street, this, per-
haps, was the most famous. The date
of the note and the fact that it ad-
mittedly had been in preparation for
several days before it's contents were
made public created much ugly gos-
sip in financial circles and moved the
late Thomas w. Lawson to. demand
q congressional inquiry. The names
of individuals high in the councils of
finance and even of the administra-
ton itself were brought into the in
quiry on wholesale scale; but when
the smoke had cleared it was found
that specific information of .damag-
ing character was entirely lacking.
IL there were leak" no proof of
it was deduced in the long series of
congressional hearings in January.
1917, and the report of the special
committee named to take the testi-
mony exonerated the administration
completely.
Enormous stock market liquidation
followed the actual publication of the
peace note. Sales were more than
100000 shares on December 81, the
heaviest since the Northern Pacific
corner in 1901. Between December
IL, when the first definite talk of
peace was heard, and December 81.
swhen the Wilson note was issued,
Bethlehem Steel, one of the most pop
ular Of the war babies" lost 1877
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

thick and chill: and the waters issuing
from the mountain sides of a blue
color and alumniSh taste. The eigh-
teenth of March. after | had in vain
essayed to ride up. / alighted and left
my horse with one of the Indians,
whilst with, the other two I climbed
up the rocks. which were so encum.
bered with bushes and brambles that
the ascent proved very difficult: be-
sides. the first precipice was so steep
that if l lookt down / was immediate.
ly taken with a swimming i'm my
head; though afterwards the way was
more easy.
1.-THE height OF the mountain was
very extraordinary: for notwithstand-
ing / set out with the first az.
pearance OF light, it was late in the
evening before gained the top. from
whence the next morning I had
beautiful prospect of the Atlanticli
Ocean washing the Virginian shore:
but to the north and west my sight
was suddenly bounded with noun
tains higher than that / stood upon.
Here did wander in snow. for the
most part, till the four-andtwentieth
day Of March. hoping to find some
passage through the mountains: but
the GOODNESS of the air and earth to-
gether. Selling my hands and feet
with numbness, put me to ne plus
ultra: and therefore having found my
Indian at the foot of the mountain
with my horse. I returned back by the
same way I went
EDERER'S second expedition was
the most ambitious Of the three
hx. faF fI1o
the increase of geographical knowl-
edge which followed it. 1t was au-
thorized by Gov. Berkeley and was
under the joint command Of the
explorer and a Mai. Harris" pre-.
sumably a rather pig-headed gentle
man without much conception of the
difficulties Of travel beyond the west
ern frontier. They started out on
May 20. 1869, from the falls Of the
James River. near the site Of Rich
mond, with ''20 Christian horse and
five Indians" and proceeded due west.
On the third day out they came
to an Indian village where Loderer
inquired as to the easiest way Of
reaching the mountains. 1t was de.
scribed to him by IAN ancient man."
who drew a map with two sticks on
the ground. But" he says. my
English companions sighting the In
dams directions, shaped their course
by the compass due west, and there
fore it fell out with us as it does with
those land crabs that. crawling back
wards in a direct line, avoid not the
trees that stand in their way but
climbing over their very tops come
down again on the other side, and so
after a days labor gain net about
two foot of ground. Thus we, obsti.
nately pursuing a due-west course,
rode over steep and craggy cliffs,
which beat our horses quite off the
hoof. Here we wandered from the
twenty-fifth of May to the third of
June. finding little sustenance for
man or horse, for these places are
both destitute Of grain or heritage.
1.-THE third Of June we came to the
south branch of the James River,
which Maj. Harris observing to run
northward, vainly imagined to be an
arm Of the lake of Canada: and was
so transported with this fancy that
Continued on Fourth Page.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

thorow the woods he relates, "a doe
seized by wild cat crossed our way;
the miserable creature being even
spent and GREATNESS with the burden
and cruelty of her rider who. having
fastened on her shoulder. left not
sucking out her blood until she sunk
under him: which one of the Indians
preceiving let fly a lucky arrow
which, piercing him thorow the belly,
made him quit his prey already slain
and turn with a terrible grimas at us;
but he strength and spirits failing
him we escaped his revenge, which
had certainly ensued were not his
wound mortal. ""* The fur of the
wilde cat, though not very fine, is yet
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

esteemed for it's virtue in taking away
cold aches and paines. being worn
next to the body; their fur, though
rank as dogs. is eaten by Indians"
For the following three days the
party made slow progress through
the swamps. but ''the fourteenth of
March. from the top of an eminent
hill, / first deserted the Apalataean
Mountains, bearing due west to the
place l stood upon; their distance
from me was so great that could
hardly discern whether they were
mountains or clouds. until my Indian
fellow travellers, prostrating them
selves in alteration howled out after
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

elements which hurt nobody--beyond
a slight injury to a bankers dignity
and which in its own way was thor
oughly dramatic. 1t is the story of
how ship news reporter carried an
exclusive interview around for a day
and half, not realizing that it repre-
scented the hottest tip" on the market
in years, tip that was destined to
add $70,000,000 to the market value
OF a company's stock In a single day.
Working overtime for what he
hoped would be a good story" but
which he had not thought Of in stock
market terms, young reporter for
one Of the financial news agencies
succeeded in getting an exclusive in
terview with Thomas Cochran, partner
In j. =. Morgan & Co., on the foredeck
of the steamship Olympic just before
the ship sailed on Saturday midnight
August /. 1926. During the course OF
the interview, according to the youth,
Mr.. Cochran remarked that he consid-
cred General Motors stock Cheap"
at prevailing prices, and that the
stock should and would sell lat least
100 points higher"
The newspaper man did not have to
report for duty the next day, since his
paper does not publish on Sunday. and
1t was his intention to telephone the
story in early Monday morning. He
had made an appointment to help his
younger brother find a position that
morning, however, and did not get
around to sending the story in until
about IL o'clock. For an hour, there
fore. after the market opened that hot
August morning. and while brokers
moved about the General Motors post
hopping their brows and transacting
their desultory sales within a range
of fraction of a point, youth plod-
ded the streets Of upper Broadway
carrying in his pocket a stick of dyna-
mite In the form Of a news story that
was shortly to give the shares of that
company-the second largest indus
trial corporation in the country-one
of the greatest days they have ever
known on the floor of the New York
Stock Exchange.
II IL may be said that the reporter
missed" the story. then it may be
added that SO did the market. temper
arily. 1t was not until the big metro
politan newspapers, impressed with
the sheer news value of the circum.
stance Of a Morgan partner publicly
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

in the sun, to fetch down these SPUR
rels from the tops of trees by fixing
their eyes steadfastly upon them. the
horror of which strikes such an
affrightment into the little beast that
he has no power to hinder himself
from tumhling down into the jaws of
his enemy, who takes all his susie
nance without chewing, his teeth
serving him only to offend withal.
But / rather believe what / heard
from others. that these serpents climb
the trees and surprise their prey in
the nest"
The next day Lederer's curiosity
was aroused by another tragedy of
the animal kingdom. ''Trav Yelling
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

barbarous manner, Okee Paeze, i. e.,
God is nigh"
The next day. after passing over
the south branch of the Rappahan.
mock River" Lederer had narrow es-
cape from being swallowed in quick
sand This adventure took place
somewhere in the present limits of
Culpeper County. His description of
this fertile countryside as it appeared
more than two centuries ago is:
Great herds of red and fallow deer
saw daily feeding: and on the hill
sides crashing past like swine. Small
leopards / have seen in the woods,
but never any lions. though their
skins are much worn by the Indians.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04
Dscoverer of Shenandoah Valley Overcame Many O
BY THOMAS n. HENRY.

w YELL along into the seven.
n teenth century the warm,
NV smoky haze that lay over
the Blue Ridge Mountains
was veil of mystery to
settlers along the Chesapeake astua-
ries of Virginia.
Beyond was the Unknown, with it's
immemorlal terrors. Some, unfamiliar
with the Spanish exploration to the
south, thought the hills sloped down
on the other side into the Indian
Ocean. Simple folk, watching orange
dragons splitting fire in the mountain
/ sunsets. pictured a haunted land of
Eaneless horrors.
tsoudoun, Fauquier and Rappahan
mock Counties were wild frontier.
the habitat of savage tribes and smart
ing beasts, into which a few hardy
hunters and traders may have ven
tured. The earlier colonists Rugged
the coast. The job of demonstrating
little patches of shore was big
enough meal of adventure to subdue
the appetite of curiosity as to uneX.
' plored wilderness.
1t remained for German adven-
turer to defy the terrors OF the noun
tains and look first on the forested
Shenandoah Valley. John Lederer
was a Hamburg man who claims
page of history because of three nota-
bic explorations of unknown country
land generations since checkered
with farms and villages and present
Ing as tinted a picture of pastoral
peace and plenty as can be found in
the United States.
But in Lederer's day the penetration
Of this region, now webbed with rap
idly improving automobile highways
and conveniently provided with road
side gas stations, was a rather fool
hardy adventure.
The life of the d. overer of the
Shenandoah Valley. both before and
after the explorations. is buried in
obscurity. He appears first as a mem
Der of commission acting under the
authority of Gov. Berkeley to explore
the unknown lands. His tales Of adj
venture are received with incredulity.
An irate populace forced him to flee
from Virginia into Maryland. He OBJ
tanned from Leonard Calvert permits
sion TO trade with the Indians to the
south and west. And then he dropped
completely out of history.
His status as an explorer is not |
clearly defined. He may have been
simply an Indian trader. Again. he |
may have been gentleman adver- |
tCrer. He obviously was a man of |
culture. RE wrote his !
report IN Latin--very likely he could |
not write English--and he shows evil |
dence of trained observation of nature. |
1t is probable that he had wandered |
over much of the Atlantic coast be- |
fore his appearance in Virginia, for |
he quotes gentlemen in New Eng
land in support Of some of his OBJ |
servations on natural history.
\ X x X
( EDERER'S first expedition. which |
began March 3, 1869, was a nine
Gay march. due west, from an Indian
village called Shickamany at the point
where the Pamunkey and Mattapony |
join to form the York. the approx.
mate site of the present town Of
West Point. He was accompanied by
three Indians. The expedition fol-
lowed approximately the course of
the Pamunkey.
On the first day. the explorer re-
lates. he encountered nothing re-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

markable but a rattlesnake of extraor.
binary length and thickness, for /
judged it two yards and a half or
better from head to tail. and as big
about as a mans arm: by the disten-
ton of her belly we believed her full
with young; but having killed and
opened her, found there small
squirrel whole; which caused me a
double wonder: first, how a reptile
should catch SO nimble a creature as
a squirrel: and having caught it how
he could swallow it entire. The In
dams, in resolving my doubts, plunged
me into greater establishment when
they told me that it was usual in
these serpents, when they lie basking
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

The wolves in these parts are so
ravenous that / often in the night
feared my horse would be devoured.
they would gather up and howl so
close round about him, though teth-
cred to the same tree at whose foot
/ myself and the Indians lay. Beaver
and otter l met with at every river
that I passed: and the woods are full
of gray foxes
"ON the seventeenth of March" con,
~ tinues the explorer. II reached
the Apalataei. This presumably was
somewhere in the present Rappahan-
mock County, 1.-The. air here is very
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

Y v YELL along into the seven.
n teenth century the warm,
NV smoky haze that lay over
the Blue Ridge Mountains
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

A LIGHTER episode involving news,
human fallibility and the stock
market was the so-called General Mo-
tors tip" of August, last year. Here
was an incident embracing these three
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-09-04

CONTINUED on Fourth Page. }
The McCarthy weekly news. [volume] (McCarthy, Alaska) 1917-19??, 1927-01-22

very interesting and profitable
business. The fnr market will vary
without doubt, all markets vary
but they are bound to increase in
time. Silver fox is on" of the most
beautiful furS that is known, and
beauty will win with our fair sex
American National Fox Brec.
ders Association, ABA Mcknight
Bldg, Minneapolis, Mimi. is run
by it's members, and not a profit
organization, and: the $1,000 for
membership dues is Well spent,
and haS a lOs t. do about advanc-
ing the business. The members
of the association, the registration
is $500 less each fox. The literture
that is sent out TO each member
per year, costs lpore for. postage
than the $1,000 mem bership fee,
and this literture is worthwhile.
The Association registered
foxes in Alaska this year; and
will next year; the herd book
closes FEBRUARY lst, 1925. and all
foxes that are not registered by
that time. will never be eligible
for registration, unless their sire
and dam are registered Iadvise
every one in Alaska, that has
foxes, to join the association and.
apply for registration by July LIST
1927, so as not to be left ont.
If I can be of any assistance
to anyone, will be only too glad
to do SO.
Mr.. E. p. Walker, Of the
Biological Survey. Juneau, Alas
ka, recognizes the advantages Of
registration for the Alaskan Fox
Farming, and l am sure he will
be only too glad to help out in
any way possible. He has done 90
this year, and expressed himself
for next year.
The McCarthy weekly news. [volume] (McCarthy, Alaska) 1917-19??, 1927-01-22
FUR FARMING IN ALASKA

~
BY Perry A. Cole, Inspector
of American National EoA
Breeders Association.
There isn't any doubt but
what Alaska will be we'll known
the world over. rs an ideal count
ny for fur farming; where the
climate is cold enough tbf-l'A l., d
wonderful growth of fur. which,
has a very fine texture and very
good color.
Fur farming is carried on
now by men who know fur and
have very good breeding ability,
no doubt there would be failures,
but these failures will de mostly
by people that are not adapted
to the breeding game. After see
ing most Of the ranches in Alaska.
would like to make some sugge-
stion on ranch construction for
the benefit Of the ranchers that
expect to increase, and also for
the new beginners.
| have seen probably about
1000 ranches altogether, and the
following is my opinion OF the
most practical ranch of my exp
erience: | believe it advisable to
use |" mesh for al wire constru
elton, for the following reasons:
The wire is just as cheap. If No.
IS wire is used in the ground,
and - above ground; and No. 20
wire is used from 3 above ground
to the heighth of the yard, also
for the oyerhang. Foxes will not
fight the j. mesh to any great
extent, because it is impossible
for them to get their nose and
lower jaw through the wire; also
it lessons the CHM bing Of the
wire Moo. but the main reason is,
if n fox gets out Of its own yard
which happens once in while,
no matter how careful, it's impo.
ssible for the fox to stick it's foot
through the wire Of another yard
to be chewed off.
The larger the yard is built,
the better, but for AZ example, |
would say to build the breeding
wards ~ x so and build them
what is known rs the alley syst
em, that is, to have the alleys L.
wide also, and the ends OF the
alleys fenced in Also, and owe /
hang: this is dOae So t hat foxes
can use the yards for two OF
three months. and then use the
alleys for yards ana when the
animals are in the alleys the