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vaphic a Newe ond Prints I!” “@ COMPANY, INC. ‘burgh, Fa Phone 2228 Atlantic ‘any. Phone 1063 Walnut a ARTHUR G. BURGOYNE “YANUARY 15, 1925 - tel Lesson yteentiy, deeply concerning a number. ee not so prominent except that ther ‘een slighted in the way of having” a2 GRAPHIC to dig up past history. “se either in news or editorials, unless )¥jething of worth might be achieved. fe oe te enews 14 thaws nileiniw TSB DNBUE DELeUSt IL BHA pails will continue to increase unless of handling important cases. worked up the case in point, which Ed practically all the breweries here- Suld have been different. Vag necessary to a clean-up. } case were being considered, they urs. Wilidebrandt, representing the gton and she came here especially of their great importance. debrandt nor any other specialist ee The prosecution was carried on by ae employed as an investigator in Bg Se Enforcement. Consider then, the }emarking that the investigator was #igheny County bar who know every Fzys sat on the sidelines. ¥. a ii acing cis) Bestia cute 17 ARTS 8S: devin peu t ~ preliminary plans This fact - ‘gAust also be admitted that an oft-. ‘ge Justice men to take charge of law been hotly criticised in circles other than i ; THE GRAPHIC Thursday, January 13. 1823 There will be no missing witnesses, as was the case in the trial = referred to, when Sau! Grill was absent and a certificate stating that he had typhoid fever served as his proxy. The certificate could net testify in corroboration. J1 would be just like John Hoover, if a witness . Was reported to be sick in, say, Chicago, to look for him strutting in the lobby of the Pennsyivania hote] in New York City. He just does the unexpected and is usually correct. a There are a number of other indictments in the same group as was beaten by Friedman. No move has been made as yet to quash them and if they are tried, more facts may be brought to light, providing the legal array on the government side is equa? to that of the defense. But, with no intention of belittling the werk of prohibition officers, the outcome would be definite if Department of Justice men ever had obtained $25,000 bribe money at the time of making arrests, marked for evidence. They did not fizzle in the Guggenheim whisky cases, the + Cincinnati convictions and all others they were connected with. Bucketshops Plan a Raid (Continued from Page 1} law and if it ig put out of business, the bucketshop men will be going full blast within a week from the day when State permits no longer are hecessary, And they'll take down. millions of dollars be- ‘éading in the acquittal of Maurice” fore some other regulation can be pot in force to curb their operations. _ It is known that a number of firms are ' wow planning operations here, making for quotations and wires, rental of operating offices, empleo - ment of experienced managers and cle: and 80 on, $0 that not a day of the prom- ised golden harvest will be lost when the “blue sky” regulation fails. The activities of Einar Barfcid have the realm of bucketshop men, on the contention that be exercises individual discretion instead of being guided solely by rules of the bureau. A Pittsburgh bucketshop concern recently gained a license by court decision, over his ruling. While making the fight against Barfoid, this concern continued its business dur- ing the entire time Hitigation was in progress and court decision pending. A requirement that the broker applying for Feense state, among numerous other things, his exact assets, was Rot to the liking of the broker. Barfoid, of course, maintains that he conducts the bureau as he is charged to conduct it. However, he has aroused the ire of a great many “ee pail 2 at ck PAN 6 5 pee remeron meres Some New York men of unusual en- ergy have been getting around the State permit ruling recently, exploiting curb stocks, listed and unlisted, in this city, by telephone. While solicitation of busi- Deas is absolutely prohibited; these sharp- shooters have been taking a chance and have been illegally making some moner —for themselves. They live at the best hotels and do their work with the tele- phones in their rooms. Approximately from fifteen to twenty of these Walling- fords are said to be operating in Pitts- burgh all the time. A request to show permits would be the signal for a hur- ried exodus by the whole mob. Of course the Pittsburgh public is being fleeced. In a coming issue THE GRAPHIC wil print a report on the movement, which the bucketshop men hope will disrupt the State Banking Commission's control of brokerage houses, regardless of the eorrective intention behind it, as well as the legislative procedure in this con. Recognizing the financial news field as one to be seriously observed, an investi- gation will be made of the various radio stocks now being foated, riding the flood of radio practicability, but some of them floated only for the returns that will ensue from stock selling. In soch ventures, about two per cent only of the price of each share, finally filters into company operations. The bulk of the returns goes to the firm bringing out the stock issue, the wholesalers in differ- ent sections of the country and the brok-~ hes eet —_ -- _ a a SS aN gr NS SN PA aS EE smear AAs «antl ie ay ay anne r=