The herald and news. (Newberry S.C.) 1903-1937, July 18, 1905, Page 7, Image 7

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

CLERKS SPECULATING. Government Officials Consider Plan To Curb The Gambling Tenden cy Among Federal Clerks. New- York Lurnal of Commerce. The report on conditions in the De partment of Agriculture and the se cre: investigation of the Government Printing office, which is still in progress. are very powerfully direc ting the attention of important offi cials toward the question of specula tion among government employes. This was a common topic of conver sation at many nf the departments to day and is calling attention to a very hail state ,f affairs which is practi cally universal in Washington. Spec eiatin in s:t cks. cotton and other products and the very general prac -ice f "playing the races" have ex iteei r a .ng tine in nearly all the branc"es of t:e gevernment service. At the treasury conditi.us became tspeciallv ad a year or so ago. and since that period there has been a vigorous effort on the part of the higher treasury officers to check the custom. While no definite rule on the subject has ever been thought practicable. it has been sought to re strain such tendencies by withholding promotion from men who were known to frequent bucket shops or follow the races too closely. In the case of disbursing officers of course there has been practical prohibition. All of this, however, has not availed to cut off such practices at the treas ury. It can be understood therefore that in other dcpartments where no such precautions have been adopted specu lative ventures have been widely gone into. At the agricultural de partment this morning it was stated that no rule against speculation had ever beer promulgated. At the cen sus office it was learned that for some time past there has been effort to frown down speculation and race gambling. Communications with bro kers over the telephoines in the office have been forbidden. In the division which has charge of the preparation of cot:on ginning figures speculation has been absolutely forbidden, and it i, thought that this has furnished an effectual hindrance to the evil. Several high officers of the gov ernment discussed today the possi bility of enforcing a general rule against illegitimate speculation. The, evdent feeling was, that such a regu lation would savor too much of inqui sition and that it probabIy could not be strictly carried out. It was felt r that if this was the case, it v. ould be unwise to enact legislation whose ob servance could not be guaranteed. On the other hand, there is practical ly universal agreement as to the ,wisdom of an executive or other or-' der absolutely prohibiting all persons engaged in statistical work likely to affect crop values, or in .those bu reaus of the treasury where early in formation about financial dealings has a known value, from engaging ia any operations of the sort under pen alty of loss of position. The problem seems to be how to discriminate between the real invest ment and mere speculation on the basis of knowledge wvhich may come into the possession of public servants by virtue of the office of which they hold. It seems to be felt, however, that this a point which can be worked out by the exercise of a little ingenu Recent revelations in the govern mernt printing office have shown that speculation based on the proposed purchase of certain typesetting ma chines doubtless existed, and in oth er offices of the government it is known that early this spring a "tip"~ was passed around concerning the same operation on the strength of which clerks were advised to buy a certain kind of stock, the speculative Lendlencies of :-ome persons in the de partment of agriculture have been talked of for a good while. and it is believed that nothing short of a gen eral executive order can eradicate the dlangers growing out of the ex h)ellN in :.- ch:e t 3%:herl'id. A 1hird one wa,ihe church a- N,r:h jield. which was burned several years WALL STREET A MACHINE. I And Every Dollar. of Rockefeller's Money Was Gotten Dishonestly. Augusta Chronicle. Thomas W. Lawson. of Boston, was the guest of the Minneapolis Commercial club July 13. Mr. Law son spoke before 3oo members of .he club after luncheon. He said in part: "I have several millions myself, and I wronged the American people in getting it. But I did not know it at the time. \Vhen the time comes I will give that money back to them. "John D. Rockefeller is worth $500. ooo.ooo and I can sit down here and show yon in a week's time how he gut every penny (t it. There is no se cret ab at it. Every dollar that John R, ockeIeller has he gl/: (1honetl y. "If I live 'm going to make tie American peolie sell every dollar's w'rth 4f stock they have and by that time they'll know better than to buy back. \Ir. Lawson scored the Equitable Life \ssurance society. St. Paul. July 13.-Thomas W. Lawson gave a talk to a large audi ence at the People's church tonight. 1-r. Lawson declared that should his so-called remedy, which he did not make public. be put into effect, there would be a great financial rev lution: there would be no more stock . inflation: the money stolen from the people by the "System" would be re turned ;o the people, and because railroads, and industrial corporations would have only to earn a fair per centage on the true value of their in- 1 vestments. the cost of living would be reduced and wage-earners would be able to enjoy greater luxuries and to lay by a greater portion of their earnings., "My friends." said Mr. Lawson. "Wall street is nothing but a trick machine. Every year Rockefeller. Rogers. Morgan and others of their class, run the American people through that machine from one end to the other, and as they pass through t the money in their pocket falls into t the 'System's' bucket. What I pro- r pose to you is simply to reverse the operation: run the 'System' through I the other way and in that manner separate them from their ill-gotten r gains and return 'their stolen millions to the righftl owners, the Ameri can neople." Don't Want Liquor Men. Buffalo. July 13.-When the grand lodge of Elks met today it was wi:h the intention of completing business before final adjournment. One of 'the important matters remaining to be considered by the grand lodge is the future of the Elks home at Bedford, Va.. which is costing a large sum of money to maintain and has but six teen inmates. At the afternoon grand lodge session the southern lodges led a fight to secure passage of a res olution debarring saloon-keepers and others connected with the liquor traf fic, from membership in the order. The northern lodges opposed such a move. The matter was laid over. It will probably come up at Denver next year. Quaint And Curious. More than two thousand skilled1 workmen have left the French silk factories of 'Roubaix and Turcoing within a year for the United States. Thibet's 6,ooo,ooo people h ave to support an army of43o,000 priests, who produce nothing but beautifully illu minated copies of the sacred writings. They hold all the public offices. One of the show bottles in a Derby' (Ct.) drug store contains the same i coloring matter that was placed in it in 1864. It is just as bright a blue as it was the day the bottle was "closed. The saints have no fewer than 397 I Street-. named in their honor in Lon den There are 1o5 Church streets. 56 Chapel streets. 66 King streets, too Queen streets, and nearly as many High streets. The first Japanese newspaper was pub)lished in 1863. only forty-one years ago. and contained some news translated from the Dutch papers. T -ayJpan has 'v er ('nc thou.1 and( dred. daily n'ewsVpapers - nd V1:r momlenIts decorate t he wall with grgeo'us landsceapes. glowing with color and full of life, for med en irely by means of the postage stamps if all the nations of the world. The Belgians have long been accus omed to horse meat as food, but of ate importations of the animals, nainly from England, have shown so nany that were emaciated, weak and )bviously unfit for food that the su )erior council of agriculture has rec >mmended that such importa-tions hall cease, or that broken-down rurses, unfit for work, shall be classi ied as cattle, in which case the highi luty will keep them out. Barbecue at Mt. Bethel. I will give a barbecue at Mt. Bethel mn Wednesday. July 26th. There will >e sp, :king there on that day, and l invited to come. Good dinner. S. j. Cromer. Southern Railway Excursions. The Sou:hern railway wi sell ound trip tickets to the following )oinfts for special occasions: Athens, Ga., Summer School, June 7 to July 28, 1905. Rate:. one first lass fare plus 25 cents for round rip. Denver, Col., Account International ,pworth League convention. Rate ery low, and will be given on appli :ation. Knoxville. Tenn., Summer School, une 20 to July 23, 1905. Rate: one are plus 25 cents for round trip. Nashville. Tenn., Peabody Summer chool and Vanderbilt Bibical In titute, June 14 to August 9, 1905. late: one fare plus 25 cents for round rip. Baltimore. Md., Account of the Jnited Society of Christian Endeavor :nter-national convention, July 5-10, Asbury Park. N. J., Account of Na ional Educational association, July -7. Rate very low and will be given n application. Week End Rates via Southern Ry. Effective Saturday June 3rd and ontinuing to and including Septem er 3rd 1905 we will sell round trip ickets continous passage in each di ection for all Saturday trains and unday morning train, good returning eaving destination not later than uesday following date of the sale at ates as follows: Anderson, S. C., $2.40. Walhalla, S. C., $3.40. Chick Springs, S. C., $2.75. Tyron, N. C., $3.85. Saluda, N. C., $3.85. Hendersonville, N. C., $3.85. Asheville, N. C., $3.85. Spartanburg, S. C., $2.10. Greenville, S. C., $2.10. White Stone, S. C., $2.10.1 Union, S. C., $285 Charleston, S. C., $5.x5. Isle of Palms, S. C. $515 Tybee, Ga., $5.i5. For further information phone or vrite J. P. Sheely, Agent. Phone 91. BARBECUE. We will give a barbecue in the ~rove at the rseidence of Mr. Ino. A. 'romer on Wednesday, July 19. peaker's on the issues of the day will >e on hand. A good dinner and a leasant time. Everybody invited. D. A. Kleckley, T. H. Cromer. harests aM Veftern Caoin By (Schedule in Effect Apri-1 z6, 29o5.) No. 52. Daily. ,v. Newberry............2 36 p. mI. r. Laurens..... ... ..... 3.50 p.mr Ne. 2. Daily. v. Laurens....---.L---35O p. mn. r. Greenwood............ 2.46 p. m. r. Augusta.....-----5.20p. mn. r. Anderson ....... .... ..7.10 p. mn. No. 42. Daily. v. Augusta........... ............- .. .... 2 3s 17. mn. r. Allendale.......................... 4 5o p. mK. r. Fairfax .. .. ................. ........ 4.41 I . m -. r. Charleston.......................... /7 40 p. In. r. P'esu1 ........ .... .. ............... 3 p. rm gr. Savannah................... .... 6.g p. n . er. aycross........................0.0) p. mn. gr. Jacksonville. ............. ................... No. I. Daily. .r. Lamiens . ....... ..... -.----......2.o: p. mK Lr. Spartanburg..... ......... ............20 . ml. T'arough P'ulhman Car ser'.ice betwceen An: usta and Jacksonville, Fa. H . GA sQUF. A pt.. 1.i-iuc1n. s. C. ~O. T. B}CYAN. C' n ~ A.nt., Greenville s. c. (N FST wlLLIA >'. S,C en'1Pass. Agt Augusta. Just a OF YOUF Time, Pl We wish to call your atten Spring and Summer Goods. A dollar expended with tis will do double We offer the trade our best efforts in selei best. -The prices the lowest for the best go We offer some dainty Mercerized Waistir in price from 1oc. to 50c. yd. We have nice line Knickerbock Suitings, Dimities, Ducks, DeLaines and other dress are dreams for waists or dresses Spring Riverside Plaids, Southern Silks, Cheviots, Our Shoes are built to wear. Our men's sell Groceries. Get prices and see styles. S. S. Birg Psrosperity, ffffffffffffff#fffi : COMESOON2 Whenever you start out on a shopping A This plan will save you many unnec O time. If we haven't just what you wm We shall not urge you to buy, but we goods as soon as you can. It will be every way to make selections before t MAYES' DRUG S ff"f*fffffff... fff SEABO) AIR - LINE R NORTH - SOUTH - E Two Daily Pullman Vestibule Between SOUTH and I FIRST-CLASS DINING I The Best Rates and Route tc Via Richmond and Wasl Norfolk and Steamers. Nashviide, Memphis, L Louis, Chicago, New O0 Points South and Southwest and Jacksonville and all pc and Cuba. PossmnvE.y 'THE SHORTEsT NORTH AND WFor detailed informnation, rate man reservations, etc., appiy to at board Air Line Railway, or Jos. W' Passenger Agent, Columbia, S. C C. F. STEWART, Assi. ( .SAVANNAH, -W. L BURROUGHS, Tray. Pass SOUTHERN N THE SOUTH'S GREA TEST SYSTEM UNEXCELLED DINING CAR SERVI THROUGH!PULLMAN SLEEPING C. TR AINS. CONVENIENT SCHEDULES ON AL] WINTER TOURISTS' RATES are no points. For full information as to rates, routes, et Railway Ticket Agent. or R. W. HUNT, Divis !Iinute ease. tion to our line of duty. Try it. :tions. The styles are the: ods. gs, Skirtings, &c., ranging; Brousse Stripes, Callalettes; goods. Our Tussob Silks. nd Summer Prints 5c. yd. Cottonades, &c. Shirts are beauties. We: Yours anxious to please, 7e Co. AND SEE toun come here first. assary steps and much S tnt then look elsewhere. " do wish you to see our to your advantage in ie final rush begins. STORE. kRD AILWAY. ST- WEST. d Limited Trains J EW YORK. AR SERVICE, all Eastern Cities ington, or via -To Atlanta, .ouisville, St. rieans, and AlU -To Savannah' its in Florida LINE BETWEEN SOUTH. s, schedules, PulI' 1y agent of The Sea .* Stewart, Traveling enl. Pass. Agt., GA. Agt. Coliumbia S C AIL WAY CE. ARS ON ALL THROUGBI ., LOCAL TRAINS. w in effect to all Floridas c.; consult nearest Souther:n ion Passenger Agent, Charleston. S. C.