Newspaper Page Text
The Real Man By FRANCIS LY.NDE (CoDTtisbt by Chas. Scribner's Sou) 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. Synoptic J. Montngue Smith, cashier of Lnwronccvllle Bank nnd Trust company, society bachelor engaged to marry Verda RIchlander, heiress, knocks his" employer, Wntrous Dunham, senseless, leaves hltn for dead nnd 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 and gets a laboring Job In an Irriga tion ditch construction camp. His Intelligence draws the attention of Williams, tho superintendent, who thinks ho can use the tramp, John Smith, In a inoro Important place. Tho ditch company Is in hard lines financially because eastern financial Interests are working to un dermine the local crowd headed by Colonel Baldwin and tako over valuable property. Smith llnally accepts appointment as financial sec retary of Baldwin's company. He has already struck up a pleasant acquaintance with Corona Baldwin, tho colonel's winsome daughter. CHAPTER VIII, Continued. -7- , "You followed?" queried Stantofl. "Tes, and when I gol there tha colonel was shut up In Williams' of fice with n fellow named Smith. When I got a place to listen In they wcro getting ready to quit, and the colonel was saying: That settles It, Smith; you've got to como over Into' I didn't catch the name of the place 'and help us." Again tho gentleman with tho sharp Jaw took timo for narrow-eyed reflec tion. "YuuTi tewre to switch over from the colonel to this fellow Smith for tho present, Shaw," he decided, at length. "You look him up and do It quick." Tho young man glanced up with a faint warming of avarice In his sleepy eyes. "It'll most likely run Into money for expenses," ho suggested. "For graft, you mean," snapped Stanton. Then ho had It out with this second subordinate In crisp English. Tin onto you with both feet, Shaw; every crook and turn of you. Wore than that, I know why you were fired out of Maxwell's ofllco; you've got sticky fingers. That's all right with me up to a certain point, but beyond that point you get off. Understand?" Shaw made no answer in direct terms, but if his employer had been watching tho heavy-lidded eyes, he might have seen In them tho shadow of a thing much more dangerous than plain dishonesty: a passing shadow of tho fear that makes for treachery when tho sharp need for self-protection arises. "I'll try to find out about the hobo," ho said, with fair enough llp-loynlty, and after he had rolled a fresh ciga rette he went away to begin tho mln ln operations which might promise In unearth Smith's record. It was ten o'clock when Shaw left he real-estate office In tho Ilophra ?Jouse block. Half an hour earlier Smith had come to town with the colonel In tho roadster, and tho two had shut themselves up In the colonel's private room in the Timan yonl Ditch company's town ofllco In tho Barker building, which was two squares down the street from the Ho lhra house. Summoned promptly, linrtln, the bookkeeper, had brought in bis statements and balance sheets, Try to Find Out About the Hobo." and the new ofllccr, who was as yet without a title, had struck out his plan of campaign. 'Amortization,' Is the word, colo nel," was Smith's prompt vcrdlct'aftcr he had gone over Martin's summaries. "The best way to get at It now Is to wipe the siato clean and begin over again." The ranchman president was chuck ling soberly, "Once more vou'll havo to show me, John," he said. "Wo folks out here In the bills are not up In tho Wall street crinkles." "You don't know tho word? It means to scrap tho old machinery to wXt room (or the new," Smith ex plained. "In modern business It Is tho process of extinguishing a cornorn Hon: closing It up and burvinc It in another and bigger one, usually. That is wnat wo must do with Tlmanyonl uitcn." "I'm getting you, a little at a time," said tho colonel, taking his first lesson In high finance as n duck takes to tho water. Then ho added : "It won't tako much of a lick to kill off tho old com pany, in the shape it's got Into now. uow will you work It?" Smith had tho plan at his fingers' ends. With the daring of all tho perils had como a fresh ncccss of fighting fitness that mado him feel as If ho could cope with anything. "We must close up tho company's affairs nnd then reorganizo promptly nnd, with Just as little nolso ns may be, form another company which wo will call Tlmanyonl High Line and let It take over tho old outfit, stock. liabilities nnd assets entire. You say your present capital stock Is ono hun dred thousand dollars. This new com pany that I am speaking of will be capitalized at, say, an even half mil lion. To the present holders of Timan yonl Ditch we'll give tho new stock for tho old, sharo for share, with a bonus of twenty-five shares of tho new stock for every twonty-flvo shares of tho old surrendered nnd exchanged. This will bo practically giving tho pres ent shareholders two for one. Will that satisfy them?" This time Colonel Dexter Baldwin's smile was grim. "You'ro Just Juggling now, John, and you know It. Out hero on the woolly edgo of things n dollar is Just n plain Iron dollnr, and you can't mako It two merely by calling It so." "Never you mind about that," cut In tho new financier. "At two to ono for the amortization of tho old company wo shall still havo something llko three hundred thousand dollars treas ury stock upon which to realize for tho new capital needed, and that will bo amply sufficient to complete the dnm nnd the ditches and to provide a fight ing fund. Now then, tell me this: how near can we como to placing that treasury stock right hero in Tlman yonl Park? It's up to us to keep this thing In the fumlly, so to speak; and the moment wo go Into other markets wo nro getting over Into tho enemy's country. I'm not saying that the money couldn't be raised In New York; but If we should go there, the Crust would havo an underhold on us, right from tho start" "I see," said the colonel, who wns Indeed seeing many things that his simple-hearted philosophy had never drenmed of ; and then ho answered tho direct question. "There is plenty of money right hero In tho TImanyonls." Smith nodded, no was getting his second wind now, and the race prom ised to be a keen Joy. "But they would have to bo 'shown you think?" ho 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 tho limit: wo ought to double Williams' force at once put on a night shift to work by electric light." Tho colonel blinked twice and swnl lowed hard. "Say, John," ho said, leaning across the table-desk; "you've sure got your nervo with you. Do you know our present bank balance is under five thousand dollars, and n good part of that Is owing to tho cement pcoplol" "Never mind; don't get nervous," was the reassuring rejoinder, "Wo are going to make It bigger in a few min utes, I hope. Who Is your banker hero?" "Dave Klnzle of tho Brewster City National." "Tell me a Uttlo something nbout Mr. Klnzle before we go down to see him; Just brief him for mo as a man, I mean." Tho colonel was shaking his bead, slowly. "He's what yoa might call a twenty ton optimist, Davo Is; solid, a little slow and sur, tout tho biggest boomer In the West, If you can get him start ed believes In tho rcsofixeiw of tho country and all that. But you can't borrow money from him without secur ity, If that's what you're aiming to do." "Can't we?" smiled the young man who knew banks and bankers. "Let's go end sec. You may Introduce mo to Klnzle as your acting financial secre tary, If you like. Now ono moro ques tion : What Is Klnzte'a attitude toward Tlmanyonl Ditch?" "At first ho was all kinds of friend ly ; he Is a stockholder In a small way. But after a while ho began to cool down a little, nnd now well, I don't know; I hato to think It of Dave, but I'm nfrnld he's leaning the other way, toward theso Eastern fellows. lie tried to cover Stanton's tracks in tho stock-buying from Gardner and Boiling." "That is nntural, too," said Smith, whose point of view wns always un- obscured In any battle of business. "Tho big company would bo a bettor customer for tho bnnk than your little ono could ever hope to be. I guess thnt's nil for the present If you're rendy, we'll go down and face tho music." "By Jnndcrst" said the colonel with an open smile ; "I believe you'd Just as soon tackle n banker as to cat your dinner; and I'd about as soon tnko a horsewhipping. Como on; I'll steer you up against Dave, but' I'm telling you right now thnt the steering is nbout all you can count on from me." It was while they wero crossing the street together that Mr. Crawford Stanton had his third morning caller, a thickset barrel-bodied man with little plgllko eyes, closely cropped hair, a bristling mustache, and a wooden leg of the homemade sort Tho men of tho camps called the cripple "Peg- leg" or 'Blue Peto" indifferently, though not to his face. For though the fat face was always relaxed In n good-natured smile, tho crippled sa loonkeeper was of those who kill with tho knife. Stanton looked up from his dsl: when the pad-and-cllck of tho cripple's step came In from the street "Hello, Slmms," he said, In curt greeting. "Want to see me? Sit down." Slmms threw tho brim of his soft hat up with a backhanded stroke and shook his head. "It ain't worth while; and I gotta get back to camp. I blow In to tell y'u there's a fella out there that needs th' sandbag." "Who Is it?" "Fella name' Smith. He's showln1 'em how to cut too many corners pace-scttln', ho calls It First thing they know, they'll get tho concrete up to where tho high water won't bu'st It out." Stanton's laugh was Impatient. "Don't make any mistake of that sort, Slmms," ho said. "Wo don't want tho dam destroyed; we'd work' Just as hard as they would to prevent that. AH we want Is to havo other neoplo think It's likely to go our thfnb It hnrd enough to keep them from put ting up any more money. Let that go. Is there nny moro fresh talk among tho men?" Stanton prided himself n little upon the underground wlr-pull Ing which had resulted In putting Slmms on the ground ns the keeper of the construction-camp canteen. It was n fairly original way of keeping a lis tening ear open for tho 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' boozo puts tho brake on for speed." "So It does," agreed Stanton mus ingly. "But I guess yon can stay a whllo longer. I have a notion that Smith's been sent here by some outfit that means to buck us. If he hasn't any backing H Tho Interruption wns tho hurried in coming of, the young mnn with sleepy eyes and the clgaretto stains on his fingers, and for once In a way ho was stirred out of his customary attitude of cynical Indifference. "Smith and Colonel Baldwin are over yonder In Klnzle's private office," ho reported hastily. "Before they shut the door I heard Baldwin Introducing Smith ns tho new acting financial sec retary of tho Tlmanyonl Ditch com' pany 1" CHAPTER IX. When Greek Meets Greek. Smith allowed himself ten brief sec onds for n swift eye-measuring of the squnre-shouldercd, stockily built mnn with n gray face and stubbly mustocho sitting in the chair of authority at tho Brewster City National beforo ho choso his lino of attack. "Wo aro not going to cut very deeply Into your timo this morning, Mr. Kin zle," ho began when tho cye-nppralsal hud given him his cue. "You know tho history of Tlmanyonl Ditch up to the present, and well, to cut out the de tails, there ts to bo a complete reor ganization of the company on a new basis, and wo arc hero 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 the original deal must bo protected, nnd" "ncre, hero hold on," Interrupted the bank president; "you'ro bitting It up a llttlo bit too fast for me, Mr. Smith. Who are you, and whereabouts do you hold forth when you are at homo?" Smith laughed easily. "If we wero trying to borrow money of you, wo might havo to go Into preliminaries and particulars, Mr. Klnzle. Wo aro not alono in the fight for tho water rights on tho other side of tho river, as yoa know, and until wo aro safely fortified wo shall havo to bo prudently cautious. What wo want to know now is this: Will you let us protect yon by taking your Tlmanyonl Ditch stock at lparf Klnzio met tho Issue fairly. "I don know you yot Mr. Smith; but I do know Colonel Baldwin, here, and I guess I'll take a chance on things at they stnnd. I'll keep my stock?' The new secretary's smllo was rather patronizing than grateful. "As you please, Mr. Kinzlo, ol course," ho said smoothly. "But rm going to tell you frankly that you'll 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 tho original company. Tho voting control of the old stock we already have, as you know." The banker pursed his llpj until the stubbly gray mustache stood out stiniy. Then ho cut straight to the heart of tho matter. "You mean that there will be a ma jority pool of tho old stock, and that the pool will Ignore those stockholders who don't come In?" "Something like that," said Smith pleasantly. And then: "Wo'ro going to bo generously liberal, Mr. Klnzle; we nre giving Colonel Baldwin's friends a fair chance to come in out of tho wet Of course, if they refuse to como in If they prefer to stay out" Klnzle was smiling sourly. "You'll have to tako caro of your own banker, won't you, Mr. Smith?" he asked. "Why don't you loosen up nnd tell a llttlo more? What havo you fellows got up your sleeve, anyway?" At this, the new financial manager slacked off on tho hawser of secrecy a little Just a little. "Mr. Klnzle, we've got tho biggest thing, and the surest, that ever came to Tlmanyonl Park; not In futures, mind you, but in facts already as good as accomplished. If it were necessary as It Isn't I could go to New York to BRINGS OUT LATENT TRAITS "We Are Not Going to Cut Very Deeply." day and put a million dollars beUInc' our reorganization plan In twenty-font hours. You'd say so yourself If I were at liberty to explain. But again we're dodging and wasting your time and ours. Think the matter over1 about your stock and let me know befori noon. It's rather cruel to hurry yot so, but timo Is precious with us and "You sit right down there, yount man, nnd put a llttlo of this prccioui timo of yours against mine," said Kln zle, pointing authoritatively at th( chnlr which Smith had Just vacated "You mustn't go off nt half-cock, thai way. You'll need a bank here to d business with, won't you?" Smith did not sit down. Instead, h( smiled genially and fired his final shot "No, Mr. Klnzle; wo shan't need c local bank not as a matter of abso lute necessity. In fact, on some no counts I don't know but thnt It woulc bo better for us not to havo one." "Sit down," Insisted tho bank presl dent ; and this time' he would take n denial. Then he turned abruptly upoc Baldwin, who had been playing hli part of the silent listener letter-pep feet "Baldwin, wo aro old friends, and V trust you to the limit on nny proposl tion that doesn't ask for more thai the stralght-from-the-shoulder honest now much Is this young friend of oun talking through his hat?" "Not any, whatever, Dave. He's gol tho goods." Baldwin wns wise enougl to limit himself carefully as to quan tlty in his reply. Again tho banker mnde a comical brlstlo brush of his cropped mustacho "I want your business, Dexter; I'vt got to havo It. But I'm going to b plain with you. You two nre nsklnf me to believe that you've gone outsldt and dug up a new bunch of backers That may be all right, but Tlmanyonl Ditch hns struck n pretty big bone that maybo your new backers know nbout and maybo they don't You've had a lot of bud luck, so far; getting youi land titles cleared, and all that; and you're going to havo more. I've " It was Smith's turn again and he cnt 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. (TO BK CONTINUED.) Roots Must Have Room. The yield of cotton is dependent upon tho number of flowers we aro able to lnduco tho plant to form, and root spaco Is necessary to flowering. Tho cotton plant's normal rootlnj may occupy two square yards of earth, which Is several toes mnro than given It In practice, and the yield may often bo reduced by this tact u tha roots anst ItterUo, War Develops Hidden Qualification! of Many Young Heroes Now in Government's Service. "It takes nil sorts of things to bring out latent traits In us all." Tho speak er In tho club car rolled his cigar tc the other corner of his mouth. The other occupants sat silently, surmising thnt a story was coming, recounts a writer In an exchange. "Knew n young fellow over East Father had lots of money. Son did not seem Inclined to ndd n great deal to It by working, but made several dents In the family purse by his spending. Not thnt ho was n bad boy nt henrt only thoughtless. Sometimes I think tho rich father wns attempting to mako a business mnn out of a man never Intended for thnt sort of life. The boy did not seem to be nble to find his niche. Snld to me one day when he had gotten confidential": 'You know, my only fenr Is that I nm not going to make something out of myself thnt will make dud proud of me. And the two surely did love each other. One day the boy asked the father for several thousand dollars. It wns forthcoming. Then he nsked the father to cash a check for some money left him by his dead mother. He got that. Then the boy sort of dropped out of New York life. "Next thing I knew he wns n lieu tenant In the nvlntlon section of the army. He hnd bought two airplanes, taken them down Into the country to one of his father's farms and learned to fly. Guess those that knew him thought it wns another of his money burning ways. But when he thought himself competent he went to the gov- srnmcnt and simply snld : 'Here I nm, ready for any service you may have for me,' nnd the government took him up In n hurry. He mny bo in France.. But you should have seen that father's face .Ight up every time he mentioned that joy. And when lie does get back from France he nnd his father nre going to je greater puis thnn ever, If that be Dosslble. "Now I am not going to say that many young men nre going to hnve about $20,000 ut their beck and call to demonstrate thnt It only needs the oc casion to make men out of them, but I 3o say that there are scores of young aien doing Just us much or more." Switzerland Like United States. .Switzerland is the only European example of u federative and demo cratic republic of the American type, observes u writer. Switzerland, ns the United States, was born from a desire for emancipation from nutocrntlc des potism; like the United States, Swit zerland never believed lu the divine right of kings. The very past which the undent federates, on that quiet spot, the "Itutli," on the classic Lake of Lucerne on August 1, 1201, swore to, embodies that great principle for which now, 020 years later, the United States Is lighting, namely, to quote President Wilson's own words, "For the right of those who submit to au thority to hnve a voice iu their own governments." There the old Swiss proclaimed self-government agulust the nutocrntlc rule of the Hapsburg, In the Following words: "We orduln and di rect with unanimous accord, that lu the above-mentioned valleys we shall recognize no judge who shall havo bought his rights with money or in any other manner, or who shall not be a Dative nnd nn Inhabitant of these districts." Futile Disputes. In stating prudential rules for our government in society, I must not omit the Important one of never entering into dispute or argument with another. I never saw nn Instance of one of two disputants convincing the other ay argument. I have seen many, on their getting tvurm, becoming rude and shooting one another. Conviction is the effect of our own llspusslonnte reasoning, cither In soli tude or weighing within ourselves, dis passionately, what we henr from oth ers, stnndlng uncommitted in argu ment ourselves. It was one of the rules which, above all others, made Doctor Franklin the most amiable of aien In society, "never to contradict anybody." If he was urged to nn aounce nn opinion, he did It rather Dy asking questions, ns If for Infor mation, or by suggesting doubts Thomas Jefferson. German Schooling. German schooling has proved antag onistic to co-operation, although de aiandlng unity of action through mass ibedlence, Wlnthrop Talbot writes in the Century. It has failed to foster real co-operation, for co-opcrutlon Is a method by which persons of their own lolltlon and by no compulsion may work together harmoniously. Only ivhen training nnd schooling aro the common privilege of all is that state of civic development possible which permits society to become co-operative In Its action. In other words, n so :lullzed society becomes more possible only as all Individual members acquire each the widest vision, and thus the power to co-operato harmoniously, Pay of Our Marine Chaps. The pay of ofilcers and crews of veS' eels In the American merchant marine is as follows: Captain, $250 a month; chief officer, $140; second ofllcer, $130; third officer, $120 ; chief engineer, $100 ; first assistant engineer, $140; second assistant engineer, $130; third, assist ant engineer, $130; carpenters, $75; boatswain, $70; oiler, $G0; coal pass ers, $50. In addition to tho regulai wages the officers and men now receive bonuses, which materially Increase their earnings. WESTERN MINING AND OIL NEWS Wiitirn Newppr Union Nw 8nrlc. Prices for Metals. Oar silver $ .804 Copper 23.17 Lead 6.25 Spelter 7.71 Tungsten concentrates, per unit SC.00 Boulder. Tungsten concentrates 60 per cent., $20.0022.50 per unit; crudo ores, CO per cent., $20.0025.0u; 25 por cent., $12.00012.50; 10 per cent., J9.4012.50 por unit. Arizona, Data hastily gathered Indicates that price fixation on silver will dlrecÜy affect several hundred metal produc ers In Arizona and probably 5,000 workmen. The Shattuck-Arlzonn Copper Com pany has declared a quarterly divi dend of twenty-five cents a share and twenty-five cents oxtra, paynblo Jan. 19. Threo months ngo tho payment was fifty cents and seventy-fivo cents extra. A dispatch from Miami, from tho Gibson Consolidated Copper Company, states that following the strike sev eral years ago of thirty por cent, oro another leaser has broken into an equally rich streak of high-grade cop per in another section of tho mine. Colorado. Near Sllverton the Highland Mary Is working three shifts at both the mine nnd mill and shipping each month. 1 From Sllverton comes a report thnt work Is going right along and ship ments being mado regularly from tho Pride of the West mine in Cunning ham gulch. The flotation of minerals dates back to the accounts of Agrícola, who tells us of the virgins who dipped greasy feathers into the stream and drew forth gold. At Tollurlde, in San Miguel county, the ore shipments for November were very large, the number of cars of con centrates shipped totaling 132 as against 11C last year. The Coming Wonder property which has been among the shippers of tho Sllverton district all year Is ready to do a considerable amount of 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 tho three leading shippers of tho 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 tho vicinity bring the total for the district up to between 8,000 and 9,000 tons. Montana. The two last survivors of the dis coverers of gold in Montana met, af ter a separation of 50 years, at tho dedication of a monument at Gold creek, near Butte, recently, to Capt. James H. Mills, Montnna's first news paDer mibllsher. Thev were Oranvlllo Stuart, a member of tho party which uncovered me iirsi piacer gold in tno stato at Gold creek In 1850 and David B. Weaver, a member of tho prospecting party which, in 1864, made the fifth discovery of placer gold, in the Yellowstone valley. New Mexico. Articles of incorporation were fUed by the Linda Vista Oil Company, of fice at Arthur, N. M. According to figures that aro being compiled for tho government and for publicity use, the output of tho mines In tho Lordsburg district for 1917 will total about $2,250.000. Tho elghty-fivo mino was the biggest producer, with the Bonney second, T,wo thousands five hundred tons of coal a day. This figuro was reached by the combined output of tho princi pal mines In the Gallup district. It is the largest coal production In years and it is expected by mine operators that 3,000 tons a day will be reached within the next few weeks. An inspection of the extensive alum deposits on tho Gila river, twenty miles north of Silver City, is being made by Gerald T. HUI of New York. The deposits are said to be tho larg est alum deposits on tho American continent, and their development would give Grant county still another mineral resource. Wyoming. The Pioneer Company is reportod to have struck a good showing of oil In 3C-34-77, Big Muddy, at a dopth of C12 feet. Tho Virginia Oil Company is a new comer which is preparing an active drilling campaign on tho Virginian dome, Emigrant Gap. Thirty new wells have been finished In Wyoming during tho last thirty days, with a production estimated at about 14,000 barrels.