Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1879-12-11

want up 10 the next harvest You
VIII also find ont, on intelligent in
qnlry, that the crop in this country
has been over estimated, and while
II Is good, big crop, the exports
since August last show that the farm
ers have made very free deliveries
Probably 80 per cent. Of the whole
crop Of wheat raised in 1879 has been
sold from the farmers hands.
Reporter-Well. how about your
provisions? Why do you bull pro
visions?
Mr.. Hatch-Pork, bacon, sides.
hams, and short ribs are all filing, if
you eat them, and the same increased
consumptive demand il certain to
exist az on wheat.
Reporter-How about cotton?
Mr.. Hatch-The cotton crop il
about the same az last year, a little
larger perhaps. The consumption of
goods all over the world. and espe
cially in this country, will be from 80
TO so per cent. larger than ever be
lore Factories, warehouses, coun-
try stores are all empty and the man.
uiactor'es in this country have no
stock on hand. Ia addition to this
there is the speculative demand and
The tulip mania," which will strike
the cotton, grain, and provision mar
kets, before another crop is raised.
Reporter-Has Mr.. Keene any in
terest in wheat?
Mr.. Hatch-you had better ask
Mr.. keene about his wheat business,
or any other business. He would not
tell me If | should ask him, The
Chicago dealers and the Chicago
press abused him like pIckpocket
because he bought q few bushels for
family use and paid tor it NV i'm
pressions are, however, that the short
sellers Of wheat in Chicago will find
themselves all lambs before another
crop, and those that are selling pro-
visions or taking the short side will
will be hunting the woods for hogs.
Leaving all joking aside, Mr.. Keene
first commenced providing for acct
dents in the markets, and Mr.. Van
derbllt second. A good many of the
boys are skating on thin ice, and II
Mr.. Vanderbilt will take my advice
he will pnt all his Union Pacific,
Northwestern, Michigan Central
Lake Shore, Canada Southern, and
New York Central investments, ex
cept holdings enough to enable him
to be legal director, YES, and all bis
poles and wires, into per cent. un.
taxable securities, in other words
provide for accidents and take il
sail. both here and on the other side
Reporter-Do you think he will dc
it?
Mr.. Hatch-You had better asl
him. l don't know anything abou
what be is going to do, but it look,
very much like it to me- dom
care, but will tell you this much.
went to him with the list Of the Mich
igan stockholders, and showed hin
the weak and the strong points ir
that property, two years ago lasl
March The dates are all down ir
my office, and our conversation a,
| remembered it when ! returned
from my interview. The stock wa,
1853 when | left my office and 8!
when returned. and has never beer
there since. He bought it from thai
hour. ! went to him one year age
last August with the map, figures,
and statistics Of the Northw ESTER
Railroad and wanted him to buy it
and the price was below 40. 1t ha.
never sold at that price since. The
dates and conversation are recorded
verbatim as | remembered them OF
my return to the office.
Reporter-Did he buy
Mr.. Hatch-You must be the
judge. There has not been muci
stock lying around loose since.
Reporter-did von make any com
missions, Uncle Rufus, out of these
propositions you made to Mr.. Van
bilt?
Mr.. Hatch-None to speak of
These little perqnisites are all kept
IN the family. Ii lie is successful in
feeding the lambs and investing al
above in Government bonds, and puts
his family photographs now engrav.
ed on bis stock certificates into the
four per cent. investment, the family
will be the richest in the world. The
Rothchilds, with the Banks of Eng.
land and France and all the other
banks, will only be babes to the
Vanderbilt family for actual wealth
And If he don't take my advice
the contiding public and the voters
at no distant day will come in and
ask him questions which will be very
bard for him to answer.
The boom is drawing to a close.
and will be over before Sherman ID
elected President.
The reporter was just leaving
when Mr.. Hatch called him back and
said, my dear boy, Lambs, lambs,
lambs Shearing will come later.
Come around and see me again"