| Show I H H 1 11 1 Wall Streets New of Trapping Financial Deceivers I 1 li I f t i n il Ii J t I J 1 d Thou Not Lie LI Nor Dos Do DoI J I J I I Falsa ri Witness Thy Thyr 1 rl r Neighbor I II I if i t 1 ft I i d t Dy 0 FRANCIS PHILLIPS In the finan financial I C 1 i I cial Ial district of New e York I i l j li Jr f t I J R like tho Hock Island pool and I f J j 1 J H the th J Valley aUy eruption I I I hav served to 10 shed Interesting light iI f l upon ono of tho extraordinary means Y t I employed by I y prominent Id 1 14 men In tho street to protect them themselves ef 1 the misrepresentations or of off selves from f I Jf 1111 1 I jf W i I unprincipled men with whom thoy do doI I J r IF business buln frum time to time I In tho Investigation of ot thu circum circumstances I Ii i I I li stances tane leading to the formation of Clr the tho t I f to t Hocking Valley pool Its conduct I Iby t al i J by b Its It constituent members the d j t of ot veracity between the tho principal I fI I r gentlemen Involved has hn been I eon rather 11 I sharply drawn This Is the th Invariable r t i II I rule rul when tho withdrawn of J r f 11 f the props from under a n house hOIl of cards oarda unearned profits from i j I 1 f reared to 10 filch I tl I 1 r f the markut markH precipitate a 0 rh I I 11 la i I I When this occurs the public usually 1 I f t Is I treated tn to the Inspiring spectacle of I H SUI f J I having Its It distinguished dl regal regalIng al alI I t II r rl InK Ing other with such pla e I 11 f p c epithets us liS Hes 11 a n liar I never told Iii I r I f 1 him any an such thine t I H It 11 Is III that ono one of ot th nn n nt 1 t l 1 t II t J r Is III all lie ho Is lallI since In c t I tim It J men cannot be he tolling the truth Wall Willi street Id IA divided IId two IK hr f t r J tile camps composed of those t c who nr t outside tho firing lInn line and thouc Iho c wh w jI t 11 1 sro ro on tho Inside opinions of rf t I If i f I AI ill I 1 JI street as II wIll well as Its itA sympathies wh U r I I a n question of ot this kind or Dr t jo largely Influenced by b the th personal re r pi v I nl of ench Individual to the th 01 1 f t I 1 I parties at Issue and can rarely be said J It f to bo ho free from bins of one kind lelnd or orf f another r f J III J James It n Keenn In who fur for u IL HP IJ 1 I of nf a n century has ho borne born with undisturbed j t I I equipoise ol the th sobriquet of the theold t old gray fox tol of ot the tho resents tho 1 I 4 1 I i Imputation of or ral of or thom l antrei I bOM i 1 J I i lt and brokers who went down Iown In the th thI I nn n r f Valley crash ha ho had tor 1 tri t doubled on his hi trail and deserted them j tho I I f I I nt lit a n time when he hI Willi supposed to be ber r i supporting the th pool In the market markt i I to IJ Two bis hll houses with assets of sev several i I 1 11 i l eral each ench unable to withstand 11 chr III 1 r the strain upon their resources whon p f 1 a n mysterious raid was made on Hock HockIng 1 I ii j Ing In Valley In tho open market el had to tolay toI I f 1 I J lay la down their cords capitulate f C I I to their creditors with n confession If I I ItJin that the gamo they the were w n playing had hod t t 4 It II been too ton stiff for tor them tl Every T rr failure to execute Its ton con contracts tonn n tracts In the street sir Is II usually ascribed 1 11 IlI I by b members of ot the Involved house hOIl 1 to toI lIko I 1 ff two to fundamental rouses I t tr 1 First TIr That noine ally In a 1 special I pool designed tn t or lower prices Irks a h I f P had sold 01 t them out by b throwing upon f 1 I I i the tho market at nt n critical moment r 1 1 blocks lock of stock torI In which they were r j 11 I al ti jl t II 11 II trading In sufficient amount to pre Ir IrI I Ir I I I a 11 panic for tor the purpose o of or r I fl 1 wiping out ont the marginal IlIn accounts of tho 0 1 J I f his associates In the th pool or by h In I I I Ii t J if brokers with order i II i 1 O In such quantity as o to tl Inflate price 1 1 when the tho pool Is II organized to bear I tho n Ift t I I II I j I I market I l t t j f Second A In whom there was a ailt l J absolute trust hrs ben been round found to have j r jt I i pledged the firms credit In disastrous J 11 11 1 private speculation pulling down the l tI I I i pillars of or the house built 1 up perhaps i j tI with Trent the tI I c f of much effort upon tho heads hEad of ot him himself himI I I t If i self and his hla copartner if Cam pi I Tim ThA second while highly I S p I i H V I t according I ng to tho t h n ethics I I of Wall nil street Iret Is I not so 0 reprehensible It IJ an nn offense s the tho first I Two IIO different pools pool were formed In II I Il Hocking Valley The Tho first hy agree agreement by try lo i ij ment wn closed out with a 11 handsome I j com ml after months successful I t i tJ f manipulation of the tho market Mr Ir II acknowledges that he was wn a n I party h to this pool In III which by hy the J ii way wn ho he says as he h carried accounts for tor n number r of ot his hi office clerks and some I t poor acquaintances the th second pool he h I Ir I r emphatic In his hi repudiation of In Interest terest In It Whether hn was or was WASI I not Interested Is la neither hern nor there for the purpose of ot this story Suffice It for tor me tn to enumerate certain features of or the Valley narco that tend t tn 10 reveal a n divergence of opinion i i upon n 1 subject Involving the veracity j of certain eminent upon Ion which subject ct there can be no middle middleground j ground If It there l h nn opprobrious epithet k about which the th banker who ho has hOll the H J of ot a professional horseman Is hypersensitive ItIs the suggestion that hn hll Is a welcher For Fr thirty the 1 Keene colors have hoo stood for tor tho highest standard of American sports sport sportsmanship I l manship on every er track In this conn try tr and In England henr tho feeling of concealed anger hown by tho old fox of the tho street over tho effort of ot certain members of ot the th suspended t firms to 10 lay IR nt his hili hearthstone some 4 of the th troubles came Alii to them 1 through their Inability tn steer ter Hear Y of nf the tho shoals upon tipon which they thoy were Ir e ultimately wrecked Indications Indication are plenty that the Issue I J t of C veracity between those thoo who aro 1 mixed up In till financial melange will l q court stenographer with tnt fat I fees for tor many mall months to rome j I t Doth sides tn to the t to tD have ha a ate ao Not to 10 any an testimony may be h out there Is one feature fOo tUrl of ot j i id d the Ih cane to which reference may M be I made without prejudice at nt this time j I 1 that reveals the tho scrupulous enre and j i with which men lOrn en engaged In so 0 ended high non nowa nowadays nonda 11 days da have hn e In even their business conversations I IOne It t One Onn of ot the parties to tn thin ease eI j i known to pool 1111 associates no find Ill ell t J I nt hal had a little device on his hili desk I known In every day as II a n nI I This delicately I Instrument wh h linn hn the th virtue of ot sound eight m twelve th thI I I was wa connected bv Iw an ti UTi oi n wire tn to an n adjoining mo In tIl I I 1 office m was a t I t PM pressure f n button on I the nf ot ii the financier rte k brought her to t In Int t 10 tant attention In hand note i IJ O In front of her a receiver ad I i ir J r I 1 Juki Ju l to her hr ear she took down every n j r ii that plIed pawed between employer I t and visitor All callers were treated I 1 I alike 1111 When they left unconscious I i j I i that an ear or was wa eaves eavesdropper I dropper to all that transpired 1 vocally In the th office an Irrefutable Irr record of j I It for such future needs as occasion t 11 might warrant waa U In the tho po salon nf or the financier I This was U without ex tx exciting citing the th least Ira suspicion on the tho part of ot the visitor Concealed ConceAl In tho silver n lr I IJ J filigree of a clock that Innocently stood tood I I Recent Crash of Hocking Volley Valley Pool In Which Millions Were Lost Discloses Extraordinary Means Employed by Brokers Nowadays to Protect Them Themselves selves From I upon center of at the financiers rI Ink desk was n transmitter Fully five tte lod away from the th finan financier cier eler and hl hilt visitor yet et every Or whisper conversation Allon was wa generally In nary speaking tone was clearly Lit bio In the adjoining room The drama Martin thus thu auspicious auspiciously lIu ly Iy moves to III a n climAx that tho t and ns nil It progresses John Drown banker und find prompter dome later dissents dl from a ate Imputed to him hlll liy High lInk Jinks capitalist Conditions Condition to provide additional outside In thirty day and nn other In I sixty day 1 I think my lilY offer Is l very fair anil I am nm ready to proceed with It fulfillment at lit once If you OU will It I Jinks assumes n 1 grim Mho that of ot the tho sheriff he who Impounds tho th chat chattel tel tol and person Jerson of an old enemy for debt So Brown says ho has never a 11 word to mo about any business deal lorn JoeR he h allN mo a 11 liar Says he never neer agreed to tD no go anything with I me 1110 and no offer to put up any an anI I money In that Smith town Oral Ill show how him up UI yet Sea Scat ScatA A look of ot almost almot seraphic satisfaction I tion settles on the tho face tOC of ot the tho old finan financier I cier cr who feels ho has won a triumph I over lOver the th man who would Impeach his Integrity and probity Tim Th when a man must reckon with the truth and Rive Ilvo full tull account of ot himself Is la at hand lInth lira aro confident In a corner of the big courtroom Is III a young woman and a 11 notebook Tho figure of omniscient Justice her era leu on the tho walls above tho dais upon which the tho somber looking justice nits Tho ho trial Hut why wh forecast that which shall noon oon I bo to all men Will n Jury JUr hoy ke nil ell up to the tho wonderful achievements of at American genius credit the story tor of ot tho girl and the th notebook Will IU they th ask to be ht shown this wonderful Instrument that enables men so disposed to keep kt 1 faith faithful ful secret record In tho exact ver vernacular er erI of ot such conversa conversation I tion as a take tako place In their office Of ot this If It they so elect Iet they thE cnn can have visual proof of Its for tor tho Ihn I purpose described and for countless other purposes them Is abundant evl on hand For Jr verily this Is nn of universal I espionage Forsooth even tho federal government gl must needs need be wary war of at the Iho sophistries and caprices of ot Its It unstable one sone who would Impute Upon It What modern or ancient sago Is I It that has said It Is III easier to catch a hundred thieves than one on liar Nestor of oC In one on of ot his critical writing says that the penchant I to 10 deceive ones neighbor Indicates on an ani i abnormality abnormal It strikingly analogous to toj j tho psychic Impulso that Impels men mn menI I to the pursuit of criminal l and the tho vicissitudes to which It dis disciples aro heir I Financiers of ot high low estate who would have confidential relations with tho secretary of tho treasury nowadays must bo 0 circumspect t pf ot speech Jest leAt what they II ay Y become u a abade bark bade draft dratt and envelop them th m In the of ot their own deception Men Ien of guile seeking the Indulgence and cooperation of ot the treasury In financial matters are aro now no longer secure cure In repudiating In public what they the say 11 there en camera In like manner Is III the embargo upon those thoM who would defile the tho god of truth maintained In tho office ontee of at tho as assistant a i secretary of the tho I I And as In the tho treasury ur so Is It In 1 tho department of Justice presided over by b the Iho aggressive In Icker ham hamIn I and In the office of ot the United d States Slats secret lI service where tho argus or lIs ted eyed i iI i WilkIe works out his plans for cutting I short hort tho activities of those who trans I cress against the lawn Jaw of the nation I Visitors pass In and out of these de deI every ever day whose who e every I word wurt Is III subject to recall should occasion ever rr make Its It production I necessary neI arr arrIn In tho secret service bureau and In Ini i I the tbt department of Justice Judice much that Is 1 of great value to government Is j surreptitiously garnered from callers without the obtruding Itself upon i ithem i them so noiselessly IB I It donn dono I I Secret Device Used to Enable Hidden Stenographer to Talc Take Note of Conversation Between Employer and Visitor Make Lying a and Un Unprofitable unprofitable profitable Calling In the Street No ono one knows knowlI of Chief one olle or two of ot his hili trusted until the transmitter of tho use useful ful tul little Instrument Is I located Some Barno say sn It Is concealed In tho wall paper I of ot the tho main reception room for wit others that tho lit It la Is hidden behind one of the pictures wall Wherever ever It Is I It performs for tor the secret service of at tho United States State n service j that Is I regarded as os le leTho I Tho big building at C G I New York Tork city which houses tho most i t f i L HI tn J I i r I SO t I ISit Sit 0 I 60 t tnt nt I ItA r rI I J M I 0 n 1 0 1 I II t w t J f fC C lot lI o n ni i M t It I 11 I n Jol 14 oY r 14 t r r o 1 13 wolf I II I 11 11 I CU I I 1 t oJ I It t I IJ i tM n I J l 1 I I II I f t t 1 t I J Io I C I IJ t fo 1 0 I I r I jo d 1 1 I IJ I f I J I t I d 1 v t the I 1 I M Pt L ro j jV co 10 W V t i t I t I Jt OJ t i dL I J 01 11 I 8 I THE SPIDER SPIDER AND THE FLY TRAPPING A FINANCIAL DECEIVER II I In c II the tha visit of Mr Thu he was wall full of lIthul enthusiasm m verbose perhaps Indiscreet Mat Matters tera about which they Ihl talked have hao de developed 1101 a 1 new phase unsullied a IL turn altogether dissonant with his pre previous views How Jo wilt will ho explain 11 He explain Its It easier to lie out of It ono mans word In its II good as all Int It There were wro only two present when the tho conversation took place Why Wh wont his hl word wor be n 01 readily as o IhA word of Jinks JI Of course It will Hut Dut lInk Jinks me a 11 liar wilt will he h The Tho old rat Try to crawl Into a 11 ahole hole holl nOli make a n of ot me meIn In InIn In the th street will ho Ill jut Just show holl him that hes not as III smart Ita he thinks he Is IsA A button Is I pressed ami nn n smart mort young oung woman enters Miss loll Ethel please bring In a n transcript of Mr Ir conversation with mo me the tho theother other day Tho telltale book bonk looks ominous enough to be a ft prison record rord links Jinks rends reads from fron the tho book Mr You can on count upon my In support to the extent of ot Individually I will also guar i I powerful corporation In the th world I Standard OH has more ears than It has haa windows or doors highly sensitized ears an that do not nat the th vision Ilon by making their presence felt as All you stroll through tho maze of offices wherein mOlt of the tho great erect financial deals that thrill the country countr are In Incubated Incubated and wrought for lor the tho glory of God and ana tho enrichment of ot Its III pro When hen In doubt tell the th truth How often otten have you ou seen een this sign Men In the tho office of ot the corporation head and bank president Epigrams of ot this ort breathe the philosophy of ot yesterday The Th phy of ot today toda enjoins you OU to tell lell tho truth nt all 1111 times for Cor the wanderlust of tho liar Is II sure to enmesh him In Its It own coll coli and bring down upon the head hoad of the th offender tho certain humiliation of exposure Standard Oil all wants Its Ita clients to l he e efrank frank with It One Once It puta Its Ite Im In |
