48 
NORTH SHORE BREEZE 
is said here in Washington, has 
learned a great deal since he was 
coaxed to abandon the richer fields of 
the legal profession in New York to 
serve his country as Attorney Gen- 
eral in Washington. ‘‘ When Wicker- 
sham came here,’’ said a man high 
in official life, ‘‘he was acclaimed as 
the friend of Wall street. The people 
in the ‘street’ believed that they ‘had 
him’. And he was in a sense ignorant 
of what would be required of him. 
The ‘street’ has learned that Wicker- 
sham was not its man, and it is 
roundly berating him now at every 
opportunity. Moreover, he has found 
out that the government of the 
United States is for the entire people 
and not for a few interests. I have 
had to see him officially a few times, 
and I ean say positively that when it 
comes to enforceing the law, he asks 
only ‘What is the Law?’ And then 
he goes ahead and lets the chips fall 
where they will.”’ 
The Attorney General never 
learned the art of publicity, and 
therefore he is not well known, and 
his policies are not daily set before 
the reading public; but his course is 
standing well the serutiny which 
has been focused on it and the 
more that Wall Street berates him, 
the more likely the public is to find 
his course worthy of approval. 
‘‘Tt has become more evident in the 
last two weeks, that industry is 
slackening and that a period of 
economic adjustment is at hand, even 
if there were no political inter- 
ferences just now. The high cost of 
living of the last four years, and es- 
pecially of the last year, has pro- 
duced economic results that can no 
longer be ignored industrially. An 
industrial evolution is under way 
and is upsetting the calculations of 
Wall Street, as we believe. We have 
far too many middlemen—small mer- 
chants and dealers. These are being 
eliminated with friction and great 1n- 
dividual hardship. These men in the 
past, have invested their savings in 
securities. They are not only ceasing 
to invest, but they are selling much 
that they have held.”’ 
This is from a market letter by a 
New York brokerage firm. It serves 
to emphasize what many others have 
already said,—that the middlemen 
take too much of the profit of pro- 
duction. There must come, in time, 
a closer business relation between the 
producer and the ultimate consumer. 
The disparity between the cost of 
production and the retail selling 
price is too wide. 
YALE 
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Motor started 10 A. M., Jan. 24th 
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hours at an average speed of 1,370 
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an unheard of record for the air- 
cooled motor. 
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ALSO INDIAN MOTOR CYCLES 
BICYCLES AND BICYCLE REPAIRING 
J. F. KILHAM, Agent 
Corner RANTOUL ST., AND RAILROAD AVE. 
BEVERLY, MASS. | 
