Connecticut western news., 1878-01-17
YERITARL.Eu HAPPIER.

A NERETABI.EE HOPPER RR.azzz
 A Banker,s, -Experience in the Newspaper
 BRsiness-T-An 0idSOd stcFy1..j
 Jacob sBuhng the noted banker Eof Springfield, I1., hasfailed. As banker he was successful and accumulated a for tune, his bank occupying most promi- nent position. Successful as 8 banker, he thought he would be as politician, and he aimed to control the politics of his State. He was most prominent in startling the Chicago Republican, and before that paper failed 1t is said that he had put fully $3OO,o 1000 into its hopper. It was run -the- -5e 1iBIeadIng paper or the West. It's editorial staff was large, there being an editor to every compositor and so many compositors that every night column after columu of matter was killed because there was no room for it in the sheet, n9 na E
 Money seemed to be no object to the stockholders; and If a position was not ready for every applicant new one was created. It was the saying among other Chicago papers at the time that thez Re publican office had no regular payroll, but that every Saturday a bushea basketI of greenbacks was placed in the count ing-room and each empIoye helped him. self to what he thought he had earned for the week. ,sgz2 ias. 'NFET. .T3 s ] 1 There would be meeting of " "direc. tors 2 about onceJ in two months MT. Bum would appear, look at the balance sheet which inclined to Ewobbie over to the left side, fill outa a check, sigh, and leave for Springfield by the night train. Theg fact 6fEhisA arrival would be an nounced in the other papers Of Chicago like this: sn s9we2 yg~ eesga-r1 2
 Jake Bunn was in town yesterday to attend meeting of >Reppbti6Qss's stockholders. He left for home at night, his pocket-book looking as if an elephant had sat down on it.
 Rhe Re5Bb blScdgaS soon became known as Jake Btinn's rat hole. Andaa inoat sAx- pensive one it was. After the Chicago fre1he drew few thousands of dollars in insurance, and at tho time sstatedto a friend that this was the only money he had ever received from the 12epas6licaae. C After Mr. Bum left the paper, several other wealthy men undertook to supply it, with funds, but even with a more oare- fully conducted financial department than in it's earlier days they too came to grief, satisfied that if man does not un- derstand his business thoroughly there is no hopper in which man can put his money and never see the, color of il again, ikeia newspaper. FI
 Speaking of B1nn' and his newspa. porial career reminds us of an old story. | : There was once an 2individu1 anxious to be rich, and not very scrupplous as t the means. Meeting Satan one day. that forked-tongue and cloven-footed in individual, with his usual eiberality offered to supply him with all the money he could use for five yearss if, at the>ene of that time, theGmap would deliver k him, the said Satan, his soul. The bar gain was made, and the man, who coule spend money when he had it, like al unreturned prodigal son, went into the dissipating Business with rush. Ht did everything that 8 man couldl do tt scatter moneyr kept pr1noely estates, ane entertained everybody, thatI would ab' entertained, bought yachts, railroads hotels, etc.; but Satan paid every, draf like, a little man, and, by way of sar casm, no doubt, Winked h1s wicked lookingeye every time one presented and asked, with a curious leer, when hi young friend going to begin tospend some money, ,nd not oonfne himself tx such little driblets.. E @Aa
 Four of the five years passed swift, by, and the spendthrift, who had no idei I Satan was SO well '.,hxed, began t despair. In twelvemonth the contrac would have been fulfilled, and Sata1 would have him. 1t is claimed that! thu young man did not care so much aboH his soul, as he did having Satan bea him, and the prospect was that he wouli l| be beaten. He had invented ever, ! plan for squandering money that h. could think of, and had failed j; wha should he do?
 "A Athought struck him, one night, .ant he fairly howled with delight. ' l He started 8 newspaper?
 For three months Satan met his draft with all the promptness of a -reliabl
 banker, on the fourth he groaned, g never Satan groaned before, on tn fifth he begged like a whipped school boy, and on the sixth he let his ac cepted draft go to. protest, and tn
 spendthfiftas soul was saved!~' S~-' ''
 History does not tell us further of tn
 story, but it is supposed that the nex J number of the Newspaper -Reporte
 carried the name of the new iourna under it's list Suspensions since ou last report" ""r9;a =9os23 70 2a-Tnre7
 -o'y: An Experiment for Boys. - ''-' I E- : A