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1 The Real Man By FRANCIS LYNDE ' (Copjritht br Cliu. Scribnet! Soai) JOHN SMITH, THE NEW FINANCIAL SECRETARY OF TIM ANYONI DITCH COMPANY, MAKES A PLAN TO PUT THE CONCERN ON ITS FEET,. BUT ENEMIES ARE HARD AT WORK TO THWART HIM. ' Synoptls-J. Montague Smith, cnslilcr of Lawrcnccvlllc Bank and Trust company, society bachelor encaged to marry Verda Illchlander, heiress, knocks his employer, Wntrous Dunham, senseless, leaves lilm for dead and flees the state when Dunham accuses Smith of dishon esty and wants him to take the blame for embezzlement actually com mitted by Dunham. Several weeks later, Smith appears as a tramp at a town In tho Rocky mountains nnd gets a laboring Job In an Irriga tion ditch construction camp. Ills Intelligence draws tho attention of Williams, the superintendent, who thinks he can use tho tramp, John Smith, la u more Important place. The ditch company Is In hard lines financially because eastern financial Interests aro working to un dermine tho local crowd headed by Colonel Baldwin and take over valuable property. Smith finally accepts appointment as financial sec retary of Baldwin's company. He has already struck up a pleasant acqualntanco with Corona Baldwin, tho colonel's wlnsorao daughter. CHAPTER VIII. Continued. "Tou followed?" queried Stnntofl. "Yes, and when I gol there tbfl colonel was shut up In Williams' of fice with n fellow named Smith. When I got a placo to listen In they were getting ready to quit, and tho colonel was saying: That settles It, Smith; you've got to come over Into' I didn't catch tho name of the place 'and help us.'" Again the gentleman with tho sharp Jaw took time for narrow-eyed reflec tion. "Tunti fcnre to switch over from tho colonel to this fellow Smith for the present, Shaw," he decided, at length. "Tou look him up and do it quick." The young man glanced up with a faint warming of avarlco In his sleepy eyes. "It'll most likely run into money for expenses," ho suggested. "For graft, you mean," snapped Stanton. Then he bud it out with this second subordinate in crisp English. 'Tra onto you with both feet, Shaw; every crook and turn of you. More than that, I know why you were fired out of Maxwell's ofilco; you'vo got Btlcky fingers. That's nil right with me up to a certain point, but beyond that point you get off. Understand?" Shnw made no answer in direct terms, but If his employer bad been watching tho heavy-lidded eyes, ho might havo seen in them tho shadow of a thing much more dangerous than plain dishonesty : a passing shadow of the fear that makes for treachery when tho sharp need for self-protection arises. "I'll try to find ont nbout the hobo," he said, with fair enough Hp-loyalty, and after ho had rolled a fresh ciga rette he went away to begin tho mln Inv operations which might promise to nnenrth Smith's record. It was ten o'clock when Shaw left he real-estate offlco In tho Hophra ?iouse block. Half an hour earlier Smith bad come to town with the colonel In tho roadster, and the two had shut themselves up In the colonel's private room In the Timan yonl Ditch company's town office In tho Barker building, which was two squares down tho street from tho Ho phra house. Summoned promptly, Martin, the bookkeeper, had brought in his statements and balance sheets, I plained. "In modern business It is tho process of extinguishing a coroora- üon: closing it up and burvine it in Try to Find Out About the Hobo." and tho now officer, who was as yet without a title, bad struck out his plan of campaign. "'Amortization,' is the word, colo nel," was Smith's prompt verdict after be had gono oyer Martin's summaries. "The best way to get at it now Is to wipe tho slato dean and begin over again." Tho ranchman president was chuck ling soberly. "Once moro vou'll havo to show me, John," bo said. "Wo folks out heroPin the bills aro not up in the Wall street crinkles." "Tou don't know tbo word? It means to scrap the old machinery to ufca ron for the new" Smith ex- another and bigger one, usually. That is what wo must do with Tlmanyoni uucn." 'Tin getting you. a little at a time.' said tho colonel, taking his first lesson In high finance as a duck takes to the water. Then ho added : "It won't take much of a lick to kill off tho old. com pany, In tho shape It's got Into now. How will you work it?" Smith had the plan nt his fingers' ends. With tho darinsr of all tho nerlls had come a fresh access of fighting ntness that mado him feel as if ho could cope with anything. "Wo must close up the company's affairs and then reorganize promptly and, with Just as little nolso as may be, form another company which wo will call Tlmanyoni High Line and let it take over tho old outfit, stock. liabilities and assets entire. Tou say your present capital stock is ono hun- dred thousand dollars. This new com' pany that I am speaking of will bo capitalized at, say, an even half mil Hon. To the present holders of Timan- yonl Ditch wo'll glvo tho new stock for tho old, share for share, with bonus of twenty-flvo shares ot the new stock for every twenty-flvo shares of tho old surrendered and exchanged. This will be practically giving thopres cnt shareholders two for one. Will that satisfy them?" This time Colonel Dexter Baldwin's smllo was grim, "Tou'ro Just Juggling now, John, and you know it. Out hero on tho woolly edge of things a dollar is Just a plain iron dollar, and you can't make It two merely by calling it so." "Never you mind about that," cut In tho new financier. "At two to ono for tho amortization of tho old company wo shall still have something -like three hundred thousand dollars treas ury stock upon which to realizo for the new capital needed, and that will bo amply sufficient to complete the dam and tho ditches and to próvido a fight ing fund. Now then, tell mo this: how near can we come to placing that treasury stock right here In Tlraatf yonl Park? It's up to us to keep this thing in the family, so to speak; and the moment wo go Into other markets we are getting over Into tho enemy's country. I'm not saying that tho money couldn't be raised In New Tork; but if we should go there, tho trust would have an underhold on us, right from tho start" "I sec," said tho colonel, who was Indeed seeing many things that his tinp!c-hearteda philosophy had never dreamed of; and then ho answered tho direct question. "Thero Is plenty of money right hero In the TIrannyonls." Smith nodded. He was getting his second wind now, and the race prom tsed to bo n keen Joy. "But they would have to bo 'shown,1 you think?" he suggested. "All right we'll proceed to show them. Now wo can come down to present necessities. We've got to keep tho work going- and speed It up to the limit: we ought to double Williams' force at once put on a night shift to work by electric light." The colonel blinked twice and swnl lowed hard. "Say, John," he said, leaning across tho table-desk; "you've sure got your nerve with you. Do you- know our present bank balance Is under five thousánd dollars, and a good part of that Is owing to the cement people I" "Never mind; don't get nervous,' was the reassuring rejoinder. "Wo are going to make It bigger In a few rain utos, I hope. Who Is your banker hero?" "Davo Klnzle of the Brewster City National." "Tell mo a little something about Mr. Knzlo before we go down to seo him -, Just brief him for mo as a man, I mean." Tho colonel was shaking bis head slowly. "He's what you might call a twenty- ton optimist, Davo Is; solid, a little slow and sure, tout tho biggest boomer ed believes la tho roso&ata of tho' country and all that But you can't borrow money from him without secur ity, if tliat's what you'ro aiming to do." "Can't we?" smiled the young man who know banks and bankers. "Let's go end see, Tou may Introduce mo to Klnzlo as your acting financial secre tary, if you like. Now one more ques tion: What Is KInzlo's attitude toward Tlmanyoni Ditch?" "At first he was all kinds of friend ly; ho Is a stockholder in a small way. But after a while he began to cool down a little, and now well, I don't know; I hate to think it of Dave, but I'm afraid he's leaning the other way, toward these Eastern fellows. Ho tried to cover Stanton's tracks In tho stock-buying from Gardner and Boiling." "That is natural, too," said Smith, whose point of vlow wns nlwnys un- obscurcd In any battle of business. The big company would bo n bettor customer for the bank than your little one could ever hopo to be. I guess that's all for the present If you'ro ready, we'll go down and face the music" "By Jandcrs I" said tho colonel with an open smile; "I bel levo you'd Just as soon tackle a banker as to -eat your dinner; and I'd about as soon tako a horsewhipping. Come on; I'll steer you up against Dave, but I'm telling you right now that tho steering Is about all you can count on from me." It wns whllo they were crossing the street together that Mr. Crawford Stanton had his third morning caller, thickset barrel-bodied man with little piglike eyes, closely cropped hnlr, bristling mustache, and a wooden leg of tho homemade sort The men of tho camps called tho cripple "Peg leg" or "Blue Peto" indifferently, though not to his face. For though the fat faco was always relaxed In a good-natured smile, tho crippled sa loonkeeper was of thoso who kill with the knife. Stanton looked up from his dsk when tho pad-and-cllck of tho cripple's step came In from the street "Hello, Slmms," ho said, in curt greeting. "Want to seo me? Sit down." Slmms threw the brim of his soft bat up with a backhanded stroke and Shook his head. "It ain't worth while; nnd I gotta get back to camp. I blow In to tell y'u there's a fella out thero that needs th sandbag." "Who Is it?" "Fella namo Smith. He's showln' 'era how to cut too many corners ace-scttln', he calls it First thing they know, they'll get the concrete up to where the high wnter won't bu'st it out" Stanton's laugh was Impatient "Don't mako any mistake of that sort, Slmms," ho said. "Wo don't want the dam destroyed; we'd work Just as hard as they would to prevent that. All wo want is to have other peoplo think It's likely to go out think it hard enough to keep them from put ting up any more money. Let that go. Is there any more fresh talk among the men?" Stanton prided himself a little upon the underground wire-pulling which had resulted In putting Slmms on tho ground as the keeper of the construction-camp canteen. It was a fairly original way of keeping a lis tenlng car open for the camp gossip, "Little," said tho cripple briefly. "This hero blink-blank fella Smith's been tellln' Williams that I ort to bo run off th' reservation; says th' booze puts the brake on for speed." "So It does," agreed Stanton mus ingly. "But I guess you can stay a while longer. I have a notion that Smith's been sent here by some outfit that means to buck us. If ho hasn't any bncklng " Tho Interruption was the hurried in coming of the young man with sleepy eyes and tho clgarcttb stains on his fingers, nnd for onco In a way he was stirred out of his customary attitude of cynical Indifference. "Smith and Colonel Baldwin aro over yonder In Klnzle's prlvato offlco," he reported hastily. "Before they shut tho door I heard Baldwin introducing Smith as the new acting financial sec retary of tho Tlmanyoni Ditch com pany 1" Klnzie met tho Issue fatdy. T doirt know you yet, Mr. Smith; but I do know Colonel Baldwin, here, and I guess I'll take a chance on things at they stand. I'll keep my stoclf." The new secretary s smllo was rather patronizing than grateful. "As you please, Mr. Klnzle, of course," ho said smoothly. '"But I'm going to tell you frankly that youH keep it at your own risk. I am not sure what plan will bo adopted, but I assume It will bo amortization and a retirement of tho stock of the original company. Tho voting control of the old stock wo already have, as you know." The banker pursed his lipa until the stubbly gray mustache stood oul stlfily. Then he cut straight to the heart of tho matter. "Tou mean that there will bo a ma jority pool of the old stock, and that the pool wilt Ignore those stockholders who don't come In?" "Something like that," said Smith pleasantly. And then: "We're going to be generously liberal, Mr. Klnzle; we nro giving Colonel Baldwin's friends a fair chance to como In out' of tho wet. Of course, if they refuse to come in if they prefer to stny out" Klnzlo was smiling sourly. "Tou'll havo to tako care of your own banker, won't you, Mr. Smith?"' he asked. "Why don't you loosen up and tell a little more? What havo you fellows got up your sleeve, anyway?" At this, tho new financia manager slacked off on tho hawser of secrecy a little Just a little. "Mr. Klnzle, wo'vo got the biggest thing, and the surest, that ever came to Tlmanyoni Park; not in futures, mind you, but In facts already as good ns accomplished. If it were necessary as it isn't I could go to New Tork to- In tho West, If you can got him start-1 parr' CHAPTER IX. When Greek Meets Greek. Smith allowed htmself ten brief sec onds for n swift eycmeasurlng of the square-shouldered, stocklly built man with a gray face and stubbly mustoche sitting in tho chair ot authority at tho Brewster City National before ho choso his Une of attack. "Wo aro not going to cut very deeply Into your time this morning, Mr. Kin zle," ho begun when tho cyo-nppralsal had given him his cue. "Tou know tho history of Tlmanyoni Ditch up to tho present, and well, to cut out the de tails, there is to bo a complete reor ganization of the company on a new basis, and wo are here to offer to take your personal allotment of the stock off your hands at par for cash. Colonel Baldwin has stipulated that his friends In iho original deal must be protected nnd" "Here, hero bold on," Interrupted tho bank president; "you're hitting It up a little bit too fast for me, Mr. Smith. Who aro you, and whereabouts do you hold forth when you are at home?" Smith laughed easily. "If we were trying to borrow money of you, wo might havo to go into preliminaries and particulars, Mr. Klnzle. We nro not alone in the fight for tho water rights on the other side of the river, as you know, and until we are safely fortified we shall have to be prudently cautious. What wo want to know now Is this; WllUyou let ua protect you by taking your Tlmanyoni Ditch stock at War Develops Hidden Qualification! of Many Young Heroes Now In Government's Service. "It takes all sorts of things to bring out latent traits In us all." Tho speak er In the club car rolled his cigar tt tho other corner of his mouth. The other occupants sat silently, surmising that a story Wns coming, recounts a writer In nn exchange. "Knew n young fellow over East Father had lots of money. Son did not seem Inclined to add n great deal to It by working, but made several donti In tho fumlly purse by his spending. Not that he was a bad boy at heart- only thoughtless. Sometimes I think the rich father was attempting to make a business mnn out of a man never Intended for that sort of Ufe. The boy did not seem to be nblc to find bin tilclie. Said to mc ono day when he had gotten confidential": 'Tou know, my only fear Is thnt I nm not going to make something out of myself that will make dad proud of me.' And the two surely did love each other. Ono day the boy asked the father for several thousand dollars. It was forthcoming. Then he nfiked the fnther to cosh a check for some money left him by his dead toother. He got-thut. Then the boy sort of dropped out of New Tork life. "Next thing I knew ho was n lieu tenant In the aviation section of the army. He hud bought two airplanes. taken them down Into the country to one of his father's farms nnd learned to fly. Guess those thnt knew him thought It wns another of bis money burning ways. But when he thought himself competent he went to the gov ernment and simply said : 'Here I am, ready for any scrvlco you may have for me,' and the government took him up In n hurry. He may be In France. But you should have seen that father's' face .Ight up every time he mentioned that )oy. And when lie docs get back from Franco he and his father arc going to jo greater pals than ever, If thnt be possible. "Now I 'am not going to say that many young men ure going to have ibout $20,000 at their beck and call to demonstrate that It only needs tho oc casion to make men out of them, but I 3o say that there are scores of young men doing Just ns much or more." "We Are Not Going to Cut Ver) Deeply." day and put a million dollars behlrtC our reorganization plan In twenty-foui hours. You d say so yourself If I wen at liberty to explain. But again we'r dodging and wasting your time and ours. Think tho matter over about your stock and let roe know befon noon. It's rather cruel to hurry yot so, but timo Is precious with us nnd "Tou sit right down there, yount man, and put a Httlo of this preclout time of yours against mine." snld Kln zle, pointing authoritatively at th chair which Smith had Just vacated "Tou mustn't go off nt hnlf-cock, thai way. Tou'll need a bank hero to dc business with, won't you?" Smith did not sit down. Instead, hi smiled genially and fired his final shot "No, Mr. Klnzle; we shan't need t local bank hot ns a matter of abso lute necessity. In fact, on some ac counts I don't know but that tt woulf be better for us not to have one." "Sit down," Insisted tho bank presi dent; and this time he would take n denial. Then he turned abruptly upor Baldwin, who had been playing hli part of the silent listener lettcr-per feet. "Baldwin, we nro old friends, and T( trust you to the limit on any proposi tion that doesn't ask for more thai the stralght-from-the-shouldcr honest now much Is this young friend of oun talking through his hat?" "Not any, whatever, Dave. He's got the goods." Baldwin was wise cnougt to limit himself carefully as to quan tity In his reply. Again the banker made n comical bristle brush of his cropped mustache "I want your business, Dexter; I'vt got to have It But I'm going to b plnln with you. Tou two nre.asklnf me to believe that you've gono outside and dug up a new bunch of backers That may bo all right, but Tlmanyoni Ditch has struck a pretty big bone thai maybe your new backers know nbout nnd maybe they don't Tou'vo had a lot of bad luck, so far; getting youi land titles cleared, and all that; and you'ro going to hnve more. Pvc " It was Smith's turn again and he cut In smartly. The next Installment describes a sharp clash between Stanton and Smith. The fight ceases to be merely a battle of wits and becomes deadly and desperate and bloody. BRINGS OUT LATENT TRAITS WESTERN MINING AND OIL NEWS Wtittrn Nwipptr Union Newi Strtlc. Prices for Metals. Bar silver $ .86 Copper 23.17 Lead fi.SK Spelter 7.71 Tungsten concentrates, por unit 2G.00 Boulder. Tungston concentrates C1 per cent, $20.0Q(fl22.50 por unit; crude ores, CO per cent, $20.00025.00; 25 per cent, $12.00012.00; 10 por cent., $9.4012.50 per unit. Arizona. Data hastily gathered indicates that price fixation on silver will directly affect several hundred motal produc ers In Arizona and probably 5,000 workmen. The Shattuok-Arlzona Copper Com pany has deelnred a quarterly divi dend of twenty-five cents a share and twenty-five cents extra, payablo Jan. 19. Three months ago tho payment was fifty cents and seventy-five conts extra. A dispatch from Miami, from tho Gibson Consolidated Copper Company, states that following tho strike sev eral years ago of thirty per cent, ore another leaser has broken into an equally rich streak ot high-grade, cop per In another section of tho mine. Switzerland tike United States. Switzerland Is the only European example of u federative und demo cratic republic of the American type, observes n writer. Switzerland, ns the United States, was born from u desire for emancipation from autocratic des potism; like the United States, Swit zerland never believed In the divine right ot kings The very past which the ancient federates, ou that quiet spot, the "Itutll," ou the clnsslc Lake of Lucerne on August 1, 1201, swore to, embodies that great principle for which now, 020 years later, the United States Is fighting, namely, to quote President Wilson's own words, "For the right of those who submit to au thority to have u voice in their own governments." There the old Swiss proclaimed self-government against the autocratic rule of the Uapsburg, In tho following words: "We ordain nnd di rect with unanimous accord, thut In the ubove-mentloncd valleys we shall recognize no Judge who shall have bought his rights with money or in nny other manner, or who shall not be a native and nn lubnbltant of these dis tricts." Futile Disputes. In stntlug prudential rules for our government In society, I must not omit the Important one ot never entering into dispute or argument with another. I never saw nn instance of one of two disputants convincing the other sy argument. I have seen many, on their getting ivurm, becoming rude and shooting one another. Conviction Is the effect of our own ilspasslonate reasoning, either In soli tude or weighing within ourselves, dis passionately, whnt we hear from oth ?rs, standing uncommitted In ' argu ment ourselves. It was one of the rules which, above all others, made Doctor Franklin the most amiable of Men In society, "never to contradict jnybody." If he wns urged to an- souncc nn opinion, he did It rather jy asking questions, ns If for Infor mation, or by suggesting doubts Thomas Jefferson. German Schooling. German schooling has proved antag onistic to co-opcrntlon, although de manding unity of action through muss obedience, Wlnthrop Talbot writes In Iho Century. It nas failed to foster real co-operation, for co-operntlon Is a method by which persons of their own volition nnd by no compulsion may ;vork together harmoniously. Only tvhen training nnd schooling nro the common privilege of all Is that state of civic development possible which permits society to become co-operatlvo In Us action. In other words, a so :lullzed society becomes more possible only as all individual members acquire each the widest vision, and thus the power to co-operate harmoniously. (TO DK CONTINUED.) Roots Mutt Have Room. The yield of cotton is dependent upon the number of flowers we are nblo to induce the plant to form, and root spaco is necessary to flowering. The cotton plant's normal rooting may occupy two square yards of earth, which Is several tistes moro than given It In practice, and the yield may often be reduced by this fact u the roots at ait Inter lan. Pay of Our Marine Chaps. The pay of officers and crews of ves sels In tho American merchant marine Is as follows : Captain, $250 a month ; chief officer, $140; second officer, $130; third offlcer, $120 ; chief engineer, $100 ; first assistant engineer, $140; second assistant engineer, $130; third, assist ant engineer, $130; carpenters, $75; boatswain, $70; oiler, $00; coal pass ers, $50. In addition to tho regula wages tho officers and men now receive bonuses, which materially Increase their earnings. Colorado. Near Sllvorton tho Highland Mary is working three shifts at both tho mine and ' mill and shipping each month. From Sllvorton comes report that work Is going right along and ship ments being made regularly from tho Pride of the West mine in Cunning ham gulch. The flotation of minerals dates back to tho accounts of Agrícola, who tells us of tho virgins who dipped greaBy feathers into the stream and drew forth gold. At Tellurlde, In San Miguel county, tho ore shipments for November were very large, tho number of cars of con contrates shipped totaling 132 as against 11C last year. Tho Comlnc Wonder nroDertv which has been among the shippers ot thü H' ailverton ulutrlct all vcar In readv to 1 do a considerable amount ot develop ment work during the winter months. The Ariadne property situated on Storm peak in tho Cement creek sec tion of San Juan county, which Is be ing operated by Alfred B. lies, Is rap Idly getting Into shape to .enter tho shipping list. The Red Mountain shipping season now drawing to a close proved the three leading shippers ot the district to bo the Congress Leasing, with 3,000 tons; the Barstow, with 300 tons crude and 260 tons concentrates, and the Summit Mining and Milling Com pany, with 1,775 tons. Miscellaneous small shipments from the smaller pro ducers in the vicinity bring the total for tho district up to between 8,000 and 9,000 tons. ha he "n ne Hti he Tl th oc Ik i y o e Ir w h b. fi P n tl Hi tl fi f I; Montana. The two last survivors of the dis coverers of gold in Montana met, af ter a separation ' ot 60 years, at the dedication ot a monument at Gold creek, near Butte, recently, to Capt James H. Mills, Montana's first news paper publisher. They were Granville Stuart, a member of tho party which discovered the first placer gold In tho state at Gold creek In 1850 and David B. Weaver, a member of tho prospecting party which, in 1864, made tho fifth discovery ot placer gold, in tho Yellowstone valley. New Mexico, Articles ot Incorporation were filed by the Linda Vistn Oil Company, of fice at Arthur, N. M. According to figures that aro being compiled for tho government and for publicity use, the output ot the mines In the Lordsburg district for 1917 will total about $2,250,000. The elghty-flvo mine was the biggest producer, with the Bonney second. Two thousands five hundred tons of coal a day. This figure was reached by the combined output of the princi pal mines In tbo Gallup district. It Is the largest coal production in years and it Is expected by mine operators that 3,000 ton 8 a day will bo reached within the next few weeks. An Inspection of the extensive alum deposits on the Gila river, twenty miles north of Sliver City, Is being , made lJy Gerald T. Hill of Now Tork. Tbo doposlts aro said to be tho larg est alum doposlts on the American continent, and. their development would give Grant county still another mineral resource. Wyoming. The Plonoer Company is roported to have struck a good showing ot oil In 36-34-77, Big Muddy, at a dopth of C12 feet. The Virginia Oil Company Is a new comer which Is preparing an active drilling campaign on the Virginian dome, Emigrant Gap. Thirty new wells havo been finished in Wyoming during tbo last thirty days, with a production estimated at about 14,000 barrels.