The Mooreland Leader. (Mooreland, Okla.), Vol. 5, No. 29, Ed. 1 Friday, October 25, 1907 Page: 2 of 8
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MOORELAND LEADER
■y Omer 8chnoebele*.
MOORELAND,
OKLA.
At Homv.
"I never was a hand to go gawplni
round!" contemptuously exclaimed an
old woman who boasted of never hav-
ing seen a railway train or a trolley
car or any town but her own. The
generation of stay-at-homes in the
country is perhaps passing away—the
women—they were chiefly women—
who prided themselves on their ■elf-
imprisonment on farm or in village aa
a virtue, serving to demonstrate their
devotion to home and children and
duty. There is a class of men in the
business world who have the flame
point of view in regard to the objeot
of life. Such a one, dying at the age
or 88. left a record of 55 years as the
In ad of a banking house, during which
he had been absent from his desk but
two dayB—and those were accounted
for by a sprained ankle. No vacation,
no travel, no day of summer leisure
with wife and children—55 years of
Bteady, unswerving routine! There is
something impressive In the story of
a lifetime of persistent toll. But there
Is another point of view which de-
serves respect. The gadabout may be
a useless member of society; but the
stay-at-home is likely to be a narrow
one. We find oursolves on this little
planet, with its oceans and mountains
and mighty rivers and wide prairies.
We know not whence we came, nor if
we shall ever pasB this way again.
Surely, exclaims Youth s Companion,
w^ may do o\ir task better in our own
appointed place. If we look about the
world, feed our minds with the glories
of nature, and discover how men and
women before us have lived their
lives, and^mbod^ed their aspirations
in the great arts of building and paint-
ing and sculpture.
The man who makes two blades of
grass grow where only one grew be-
fore was long ago pointed out as de-
serving well of his fellow creatures,
but if distinction is due to such a
one, what, asks the Chicago News,
Bhall be said of the man who develops
a race of hens that would habitually
lay'more than one'egg a day? Surely
no tribute of honor and gratitude
could be too great for such a one.
Prof. Oilman A. Drew of the Univer-
sity of Maine, may be the one to whom
such debt will eventually be paid, for
he has boon conducting studies and ex-
periments which lead him to believe
that there is no biological reason whg
a hen should not lay more than one
egg a day. This being true it follows
that the same American enterprise
which increases the quantity of all
other agricultural products will be
turned to the hen and compel her to
do her full duty. A hen's time is of
no value in other directions, and If
she can occupy what has hitherto been
idle leisure in producing more egga,
then no laziness on her part should be
permitted. She should have no after-
noons off. The eyes of the world are
now expectantly fixed on Drew and
the further results of his experiments.
A New York woman who is a famous
authority on cooking has gone bank-
rupt while endeavoring to cater to the
appetites of the people of her town,
where Bhe ran two restaurants. This
innocent person should have known
that the way to make money in New
York is to lay in a dozen celluloid
sandwiches and a large stock of alco-
holic beverages. To try to tempt the
New Yorker with good cooking 1b one
of the strangest vagaries thus far re-
corded, declares the Chicago News.
What he wants Is something to stimu-
late his thirst, not allay his appetite.
It is well known that good cooking
tends to destroy the craving for drink.
Yet this expert in the "culinary art de-
liberately undertook to practice her
specialty In Gotham! New Yorkers
do not want their craving for drink
destroyed, so they probably breathe
more freely, now that the scientific
cookshops have landed in bankruptcy.
The New York board of education Is
to investigate the question of corporal
punishment, as it has been charged
that the discipline of the school* has
been undermined by the powerlessnees
of the teachers to punish and the ad-
vantage taken by the children in their
knowledge of this Immunity. Is Solo-
mon to be vindicated in these modern
times and his wisdom admitted when
he said that to spare the rod was to
spoil the child? In his own day, it
may be remembered, Solomon waa
considered a very wise man, his
record has not been signally broken
iby modern sages.
W/ '*
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C -By TTGdcddid
CosYfi/c/tr/aozayfa,
Co/r/NMr.&otartmitawfiKftCMm'
CHAPTER IX.—Continued.
"This was easy, because Barry
Conant, not knowing of my newly
invented trick, could buy only what
he could pay for on the morrow,
or, at least, what he believed his
clients could pay for; while I, not in-
tending to deliver what I sold—unless
by smashing the price to a point where
I could compel those who had bought
to resell to me at millions less than I
sold at—could sell unlimited amounts
—literally unlimited amounts. When
Barry Conant had bought all that he
thought he could pay for, he was
obliged to beat a retreat in front of
my offerings, and I was able to smash,
and smash, until the price was so low
that he could not by the use of what
he had bought, as collateral, borrow
sufficient to pay me for what I had
sold him. Then he was compelled to
turn about and sell what he had
bought from me, and when I had re-
bought It for ten millions less than I
had sold it for, the trick had been
turned. I had sold him 100,000 shares
say at 220. He had sold them back
to me say at 120, and he stood where
he had stood at thn beginning. He
had none of the 100.000 shares. Both
of us stood, so far as stock was con-
cerned, where we had stood at the be-
ginning, but as to profits and losses
there was this difference: I had ten
millions of dollars profits, while Barry
Conant's clients, the 'System,' were
ten millions losers—and all by a trick.
The trick did not differ in principle
from the one in constant practice by
the 'System.' When the 'System,'
after manufacturing Sugar stock, sell
100,000 shares to the people for $10,-
000,000, they so manipulate the market
by the use of the $10,000,000 that they
have taken from the people as to scare
them Into selling the 100,000 shares
back to them for $5,000,000. ^.fter
they have bought they again manipu-
late the market nntil the people buy
back for $10,000,000 what they sold for
$5,000,000. The 'System' commits no
legal crime. I committed no legal
crime. I had not even infringed any
rule of the exchange, any more than
had the ^System' when they performed
their trick. Since my experimental
panic I have repeatedly put the trick
In operation, and each time I have
taken millions, until to-day I have in
my control, as absolutely as though 1
had honestly earned them, as the la-
borer earns his week's wages, or the
farmer the price of his crops, over
$1,000,000,000, or sufficient to keep en-
slaved the rest of their lives a million
people.
"What do you Intelligent men think
of this situation? You know, because
you know the stock-gambling game,
that the American people, with their
boasted brains and courage, come year
after year with their bags of gold, the
result of their prosperous labors, and
dump them, hundreds of millions, Into
this gambling inferno of yourB. You
know that they are fools, these silly
millions of people whom you term
lambs and suckers. You chuckle as,
year after year, having been sent a^ay
shorn, they return for new shearing.
You marvel that the merchants, manu-
facturers, miners, lawyers, farmers,
who have sufficient intelligence to
gather such surplus legitimately, would
bring it to our gambling hell, where
upon all sides is plain proof that we
who conduct the gambling, and who
produce nothing, are obliged to take
from those who do produce, hundreds
of millions each year for expenses,
and hundreds of milHons each year for
profits—for you know that we have
nothing to give them in return for
what they bring to us. You know that
every dollar of the billions lost in Wall
street means higher prices for steel
rails, for lumber and cars, and that
this means higher passenger and
freight rates to the people. You know
that when the manufacturer brings his
wealth to Wall street and is robbed of
it, he will add something to the price
of boots and shoes, cotton and woolen
clothes, and other necessities that he
makes and that he sells to the people.
You know that when the copper, lead,
tin, and iron miners part with their
surplus to the 'System,' it means
higher prices to the people for their
copper pots and gutters, for the water
that comes through lead pipes, for
their tin dippers and wash boilers, and
for their rents, and all those neces-
sities into which machinery, lumber,
and other raw and finished material
enters. You know that every hundred
millions dropped by real producers to
the brigands of our world means lower
wages or less of the necessities and
luxuries for all the people, and espe-
cially for the farmer. You know that
it to habit with us of Wall *treet to
gloat over the doctrine of the 'System,'
which the people parrot among them-
selves, the doctrine that the people
at large are not affected by our gam-
bling, because they, the people, having
no surplus to gamble with, never come
into Wall street. And yet, knowing
all this, you never thought, with all
your wisdom and cynicism, that right
here In this institution, which you own
and control, was the open sesame for
each or all of you, to those great
chests of gold that your clients, the
'System,' have filled to bursting from
the stores of the people. What, I ask,
do you wise men think of the situation
as you now see it?"
There was an oppressive stillness
on the floor. The great crowd, which
now contained nearly all the members
of the exchapge, listened with bulging
eyes and open mouths to the revela-
tions of their fellow member.
Bob Brownley paused and looked
down into the faces of the breathless
the people, the financial world would
be revolutionized. Men of Wall street,
do not fool yourselves. My Invention
is a ture destroyer of the greatest
curse in the world, stock-gambling."
A sullen growl rose from the gam-
blers. Robert Brownley glared down
his -defiance.
"Let me show you the Impossibility
of preventing in the future anyone's
doing what I have done to you so
many times during the past five years.
All the capital required to work my
invention is nerve and desperation, or
nerve without desperation. It is well
known to you that there are at all
times exchange members who will
commit any crime, barring, perhaps,
murder, to gain millions. Your mem-
bers have from time to time shown
nerve or desperation eno'ugh to embez-
zle, raise certificates, give bogus
checks, counterfeit stocks and bonds,
and this for gain of less than millions,
and when detection was probable. All
these are criminal offenses and their
detection is sure to bring disgrace and
state prison. Yet members of this ex-
change dgsperate enough to take the
chance, when confronted with loss of
fortune and open bankruptcy, have al-
ways been found with nerve enough
to attempt the crimes. I repeat that
there are at all times exchange mem-
bers who will commit any crime, barr-
ing, perhaps, murder, to gain millions.
That you may see that my successors
will surely come from your midst from
time to time during the future exist-
ence of the exchange, I will enumerate
the different classes of members who
will follow in my footsteps:
"First, the 'In God We Trust'
fx.
I
A
Robert Brownley Glared Down Defiantly as
the Gamblers.
a Sullen Growi Arose from
gamblers with a contempt that was
superb. He went on:
"Men of Wall street, It is writ in the
books of the ancients that every evil
contains within itself a cure or a de-
stroyer. I do not pretend that what I
am revealing to you is to you a cure
for this hideous evil, but I do say that
what I am giving you is a destroyer
for it, and that while it will be to the
world a cure, it may leave you. in a
more fiery hell than the one of which
you now'feel the flames. I do not care
if it does. When I am through, any
member of the New York stock ex-
change who feels the iron in his soul
can get instant revenge and unlimited
wealth. You who are turning over in
your minds the consideration that your
great body can make new rules to
render my discovery inoperative, are
dealing with a shadow. There is no
-ule or device that can prevent its
working. There are 1,000 seats in the
New York stock exchange. They are
worth to-day $95,000 apiece, or $95,-
000,000 in all. Their value is due to
the fact that this exchange deals in
between one and three million shares
a day. Were any attempt made to
prevent the operation of my invention,
transactions would because of such
attempt drop to five or ten thousand
shares per day, or to such transactions
as represented stock that will be actu-
ally delivered and actually paid for.
To make my Invention useless it must
be made impossible to buy or sell the
same share of stock more than once
at one session, and short selling, which
is now, as you know, the foundation of
the modern stock-gambling structure,
must likewise be made impossible. If
this could be done the $95,000,00')
worth of seats in the exchange would
be worth less than five millions, and.
what is of far ereater import to all
schemer who ij of the 'System' type,
but who Is outside the magic circle. A
man of this class will reason: I know
scores of men, who stand high on 'the
Street' and In the social world, who
have tens of millions that they have
filched by 'System' tricks, if not by
legal crimes. If I perform this trick
of Brownley's, the trick of selling
short until a panic is produced, I shall
make millions and none will be the
wiser. For all I know, many of the
multi-millionaires whom I have seen
produce panics and who were applaud-
ed by 'the Street' and the press for
their ability and daring, and whose
standing, business and social, is now
the highest, were only doing this same
thing, and having been successful, they
have never been detected or suspected.
But even suppose I fail, which can
only be through some extraordinary
accident happening while I am en-
gaged in selling, I shall have com-
mitted no crime, and, in fact, shall
have done no one any great moral
wrong, for if I fail to carry out my
contract to deliver the stock I have
sold in trying to produce a panic, the
men to whom I have sold will be no
worse off for not receiving what they
bought; in fact, they will stand just
where they stood before I attempted
to bring on a panic.
"Second, if an exchange member for
any reason should find himself over-
board and should realize that he must
publicly become bankrupt and lose all.
he surely would be a fool not to at-
tempt to produce a panic, when itB
production would enable him to recoup
his losses and prevent his failure, and
when if by accident he should fail in
his attempt to produce a panic, the
penalty would simply be his bank-
ruptcy, which would have taken place
in any event.
"The thi'd class 1b that large on* .
that always will exist while theje la
stock-gambling, < class of honest*
square-dealing-play-the - game - fair ex-
change men who would take no unfair
advantage of their fellow-members un-
til they become awakened to th*
knowledge that they are about to be
ruined by their fellow-members' trick-
ery.
"Next, let us consider further wheth-
er it is possible for our exchange to.
prevent my devig* from being worked,,
now that it is known to all. Suppose
the governing committee was informed
in advance that the attempt to work
the trick was to be made. If, at any
session, after gong-strike, the govern-
ing committee, or any exchange au-
thority, could for any reason compel a
member to cease operating, even for
i he purpose of showing that his trans-
actions were legitimate, the entire
structure of stock-gambling would fall.
Think it through: Suppose a man like
Barry Conant or myself, or any active
commission broker, begins the execu-
tion of a large order for a client, one„
say, who has advance information of a
receivership, a fire at a mine, the
death of a president, a declaration of
war, or any of the hundred and one
items of information that must be
acted upon instantly, where a delay of
a minute would ruin the broker, or hi*
house, or its clients. If the governing
committee could thus call the broker
to account, the professional bear or
the schemer, who desined to prevent
him from selling, would have but to
pass the word to the president of the
exchange that the broker in question
was about to work Brownley's discov-
ery and he could be taken from the
crowd and before he returned hi*
place could be taken by others and he
could be ruined.
(TO BE CONTINUED.)
LIKE ONE LARGE FAMILY.
QUALITIES OF THE OYSTER.
„ I
People of Newfoundland Have Ne
Need of Hotels.
I need scarcely say there are no-
hotels on this coast, and consequently
no hotel bills. The traveler select®
his own house when he enters a set-
tlement, walks in and sits down by
the stove. Indeed he scarcely wait*
for the invitation to "sit in" when the>
family goes to meals, the people of
this coast being much given to hos-
pitality. When night comes on he
simply takes off his boots and—stay*
It may be he will have to share %
bunk with one of the household, or
perhaps he has a bed in "the room;'*
that depends on his social position. It
room is short he will turn in on a
settle, or simply lie down on the floor.
I have slept on a settle under whichi
the hens lived in winter and rested
as soundly as on any feather bed, the
only inconvenience being that now
and again I had to grope &fter the
rooster, which persisted in thinking:
it was morning long before I did.
The first question asked a stranger
on his entering a house will not be
"What is your business?" It is cer-
tain to be "Have you been to tea?'*
For our national drink is tea, and &
drunken man is seldom or never seem
Indeed we have become a prohibition
coast.—London Standard.
One Particularly Good Point Which
Bore Might Emulate.
A San Franciscan has discovered a.
new methodvof cutting short recital*
that promise to become too long-wind-
ed. An acquaintance of his, who has.
a local reputation as a bore, was on*
day holding forth at some length
when the Californian interrupted him-
with: "By the way, did I ever tell yoa
the story of the oyster?" On receiv-
ing a negative reply, he continued: "It
seems that when oysters are taken
from the sea they often open their
shells so that the juice or liquid run*
out. As this is undesirable, the ex-
perienced oyster gatherer has a tut
of water close at hand into which tho
oyster is plunged as soon as it begin*
to open Its shell." "Well, and what
then?" asked the other as the narrator
paused. The San Franciscan smiled.
"Oh, after a while the oyster learns to
keep its mouth shut," he remarked
quietly.
Sleep and Old Age.
There is no question that the quan-
tity of sleep required steadily dimin-
ishes from infancy to old age. This
is a rather interesting exception to
the general rule tlTat, as in so many-
matters, old age returns to the need*
of infancy. As regards sleep, old ago
Is more remote in its needs from in-
fancy than in any other period of llf*.
If elderly people obtain good sleep
during the first few hours, and if they
have not lost that delight In reading
which we all had in youth, but which
so many of us curiously lose, their
case is not to be grieved over. Th*
special value of the earliest hours of
sleep, by the way, has been proved by
psychological experiment. The popu-
lar phrase "beauty sleep" is well war-
ranted. It is the early (the deepest>
hours of sleep that make for health
and beauty.
It isn't always safe to judge *
man's greatness by the number of
carriages In his funeral procession.
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The Mooreland Leader. (Mooreland, Okla.), Vol. 5, No. 29, Ed. 1 Friday, October 25, 1907, newspaper, October 25, 1907; Mooreland, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc157707/m1/2/: accessed April 25, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.