Show I APPROVES THE POSITION Some Somo two weeks ago Senator Smoot was interviewed at nt Washington with reference to the financial situation and the causes of it and prospects of relief His answers were garbled Inthe in ill inthe the reporting so that ho he was made to say some things timings which he doesn't atall at atall all nil believe bellevo But Dut there were sentiments touching tho the usual trend of American habits and tendencies which seem scorn to have struck a responsive o chord in inmany ninny many directions For Por example here Is a letter Jelter from froma I Ia a Boston Boton man I Boston D Dec c. c 6 1907 I IlIon lion Reed Smoot U. U S. S Senate YashIn Wash Yash In ington ton I D. D C. C Dear Sir My Ir apolo apology y for or addressing you OU without an Introduction Introduction Intro intro- Is from seeing a 0 statement of your our position on the stock gambling evil e In the Ue public press 1 I lorn run am how how- eve e well known to both hoth Senators Lodge and ond Crane of this state to whom I can refer you OU I wish It were wore possible that some national national national na na- na- na lo legislative e action could be taken regarding the stock gambling evil and andam I am fully full aware that such legislation must be le begun In the lower house Un Un- fortunately my representative from this district Is a prominent stock broker brok brok- er or and therefore ore would probably not be he interested In having haYing his business opportunities opportunities op op- op curtailed The fact Is that a on these lines would better originate or or- aig ig in the West AVest where people are s saner aner and prefer when they thoy do g gamble amble to sit Into a game with friends gw w where here thc they are aro sure of a square deal lI lIsi Heio lIero cie they are arc apparently satisfied to tot si sit t Into a game with entire strangers w who ho never give the Investor In an any deal leal dealt a at t all nil If there were no such thing as the tho I st stock ock gambling exchanges there would b be Ie e none of ot this frenzied finance which Is entirely responsible for the trusts a and md nd other illegal combinations of capi capi- ata ta tal l. l Things might t go o a good g deal sl slower ower hut but they would go more moro surely a and sane sanely 1 One great trouble which apparently n no o one has touched U upon as vet ret Is the 1 nf t f fact act c that t the tho American both born laborer 0 will V no pot not work vork nn any his hands cia as n s 0 ha he pr f oa lorby by ng g gambling on ou the tho lot t ting ling the oes and dunks chinks do nil alt tho the tw w work ork the wages for tOl which they thor Immediately Im Jm- m mediately proceed to carry out of or the lie c country mi ii try The Tile lies which the banking and anti stock s speculating peculating Interests through the sn n newspapers spread for tor or general consumption c would not be so easily s swallowed swallow wallow d if everybody was bus busy doIng doIng dong do- do I Ing ng an honest days day's work for tor or an hoist honest honest hon hoi e est st lays days s wage instead of or trying to ew w work ork up some combination to beat the theother theother o other ther fellow When the masses Inthis in inthis t tto this his country go goo hack back to the old lash to ned honest days day's work for an hon honest eat d days das ays wa wage c and stock gambling Is m made ade to tOllo follow the tho path of tho the Louisana Louisiana Louisiana Louis Louis- i iana ana lottery we may hope for a saner a and nd more conservative financial basis ab b hut but ut until then w wo we are simply following th the e advice of David Harum Hirum anti and b blessed lessed he be him him that does the other fellow tel fel cl- cl l low ow first Perhaps you ou can suggest CSt some wn way wayn i in n which action along the lines JInes suggested sug sug- i g ested may be brought Into being Sincerely yours your our W WM I. I 0 O. WEBBER EBBER Consulting Consulting- Engineer There is far too much speculation t too oo much gambling It benefits no one f for or even en the winner at the game risks and ind loses It again agaTh or it in I foolish expenditures They do not na make le he him happi happier r nor any anyone one else elso better er oft off And yet ct our people are learning The They will The will in time Ime abolish the needless and the t e vicious s. s Stock gambling gamb ling vill 11 be ono one of them And tho the business of th the nation will be safer for or the Abolishing |