| Show A OF THE 06 att p tv te tet ln 1 ale r the sn in rr nr act in its esno tills caysi TI a shrink stock 1 exchange values durin tho hat ot tin co years ought to hive done acra 1 80 to ot I 1 i ry rue the were immense but they earned salutary lesson the creso to nation have been opened to tho practicum of banking well as 0 joiet stock corporations if the law ol 01 the country do not take any step to 1 t castins talc of affair rahl rn hl i 1 longer be handled with lid geotes julig roost bc arching investigation ought to be 1 ordered into iho of all tlona bold savings of the people highhanded high handed the proceeding eniy stein nobody cin object lo 10 jt an unprecedented director hivo been acting for years iu a unprecedented not only in the history ot this country but of the world and roust be bild in the coin there was nevara time when men like blewitt orl Sandall ind a bettor chance to sc curo for the pages lil tory of american there u vcr was a timo a man like hen whitler could do more for alic spread ot liis hori c popularity wilh working people tbt savin masses arc 1 a rule aud intelli ihrer does not extend beyond their branchi of activity they arc jhc n it canies conies to tho question ot alic public investment 0 their and somebody tiac care ot them ahn caa only be done bv the i which ample proof Is now given thit s inada 1 abe credit 0 alic cosi Is to be and la to be restored at lioma the relation in this country between and stockholders Is in any other tho practice of building lall roads with bonds Is the cause of most 0 alic swindles the broadi ought to be built by aud loii taj II 11 in the course ot construction or on completion the pro proctors pric tors wish to mako improvement ind choose properly aniu dij 0 paying an assessment they roust be at liberty to do so but should near bo other income bonds with nu simply provided for sinking food the cry word dividend means dial on ot act proceed si Is quite a alfh rant thins from interest lul a of do aut to understand this strictly cp cakin no dividend should ever be paid to as ion as Is a debt upon the property no honest merchant or manufacturer will over 0 ij froula with his partners when the concern ll 11 n debt hut 0 as bonds to be l suad for a certain length 0 liine and the debt cannot be paid at will of abc debtor there eniy bu under which a p concurs would be embarrassed by the surplus of accumulations in its but that could be averted b the system of issuing bonds subject to cills similar to that in dorco with the government As it t bands now bond holders birc all the gocr and lock holders any man who goes into wall pays just is plod be buys stock or bonds il tho buyer of bonds can any day make a of the buyer of stock ly adroitly working the directors and foreclosing iho mortgage As everybody kaow lus been a great ditl of foreclosing 0 late the condition of tho street as it from day to day docs not cull tor comment tho market Is a one worked by sheer manipulation and tho best thing for intelligent acu Is to itaco 11 alone another big squeeze of the imprudent bears took place friday and saturday but that can aut interest anybody except those who got squeezed the squeezers squeeze rs themselves could not have a cent they arc simply trying to work off the contents 0 tha als bags they hold tho latest story Is that and gould bad an interview with on thursday and gave him at a low palco all lie stoaks be was short of and thus secured his support tor a bull if this be true mr and a number ol 01 big bears mut have turned loo and in such case there would be nothing surprising in a temporary of prices but tho ultimate result will be iho same further liquidation tho of aliu stock for uncommonly fair dealing seems to be petering out during the week two cases occurred which look like sharp practice kunn loab co sold out which they had received fur a loan though the obtaining the loin alio inn ali it ihor would put u more ami in loicl on their way the money when alio sale was made tho question will be in court but tho cuse Is worthy of attention as showing alie want of which cal ta in wall street the other case alio ialo under the rule of stock which air hudson had instructed to sell is somewhat different though some people go so far of to say that a speculative member oc mr hudsons Hud sons larm used the order to sell the market on |
