Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-21
NOTDE.4D YETIsIT 4SwINDLEe

fortune in this respect.
NOT DE-4D YET-ISIT Il SWINDLE:
The much derided Kelley Motor is not
dead yet. It still lives in the hopes and
belief of its long patient stockholders who
have advanced the money to perfect an in
vention, which, if as that is alleged of it
shall prove to be true, will give new. in
valuable and most astounding motive
power to the world. The annual
meeting of the stockholders Of the
Kelley Motor company was held in Phila
delphia last week, to receive reports and
elect new officers. The number of direc-
tors was reduced from thirteen to seven.
and a new board elected. William Boekel,
who had been selected by the stockholders
and Mr.. Kelley jointly, to whom to confde
his secret, made full report. Many of
the stockholders we're inclined
to be skeptical, and to look
upon the alleged invention as an expen-
sive humbug.
The report of Mr.. Bockel, the expert en-
trusted with Mr.. Keeley's secret, was very
assuring. He made an exhaustive exami-
nation and was convinced of the merits
and value of the invention. He
declined to reveal the secret en-
trusted to him; the time not having
come for its revelation, and its premature
dissolution would be damaging. Mr.. Kee-
ley himself made report, and his report
and that of Mr.. Bockel were listened to
with great interest by the stockholders.
Mr.. Kelley said he had been steadily
prosecuting his labors; that his engine
will soon be completed and in full opera
ton, and that it is his purpose
to the attention of the Pennsylvania Rail-
way company with view of having the
engine first applied on their road between
Philadelphia and New York. He assured
the stockholders that he had passed the
line of experiment and nothing is left to be
done but the completion of the mechanical
work, now being done on his engine. He
also said, at the request of the stockhold-
ers and with the aid of Mr.. Bockel he had
prepared caveat for his generator, which
had been forwarded to the patent Office.
Mr.. Bockel in his report reverted to the
great possibilities of natural forces which
Mr.. Kelley has been assiduously studying
until the inventors Investigations and
experiments have carried him far beyond
the laboratory experiments of such men as
Prof. Tyndall and other scientific investi-
gators, and he has succeeded
in exciting, Harvesting and
utilizing the subtitle forces which to them
has been only a subject of scientific won
der. Mr.. Bockel goes On to show that
what Mr.. Kelley claims to have discovered
is !" the fact that water, in its natural state,
is capable of being by Migratory action.
disintegrated SO that its molecular struc-
ture is broken up and there is evolved
therefrom permanent expansive
gas or ether, which: result
is produced by mechanical
action" The.report does not describe the
mechanism employed, as Mr.. Bockel says
it would be improper, but he comedies that
Mr.. Keely has discovered all that he has
claimed, and that the stockholders should
abide in patience ths success of the enter
| prise.
| Mr.. Randall, the president of the com-
pany, In response to complimentary vote
OF thanks for his service said:
| have only one interest and object in being
here among you, and that is to bring this COM
pany to a successful issue. We want to prove,
and intend to prove, that we are neither frauds
| nor fools, and we are here with the determine
ton to see MIR. Kelly through this, and we be-
| heve We are near the end of our difficulties
| Gentlemen, we have been very roughly handled
byssome Of the very clever gentlemen of the
press, but we hope and believe that we shall be
I able to show you, in a very short time, that the
donkeys these gentlemen have SO eloquently dis
coursed upon are upon the other side Of the
door. Allow me to state that believe before
long we will have Mr. Kelly acknowledged as
one of the greatest discoveries of this or any
| other age.
| Mr.. F. G. Green, of New York, the treas
urer of the company, submitted a state
ment of its financial condition as follows.
| The disbursements of revenue obtained by the
sales of stock since December. 1879. are Z. 532:
shares, $i,639.75; 1,500 shares paid to ]. w.
heeiey on account of engine; 2,748 shares for
loan OF stock previous to consolidation. The
balance of the stock, 8, 800 shares of the entire
20, 0S0, is in the company's possession. The
cash balance is 1854.
| AoAo was q Aoi SOI dttouuaUC0 IMAM usual
of the anxious stockholders, and new cour-
age, new hope and new confidence seemed
to be inspired by the statements presented.
Either Kelley has got something valu-
able, and of practical utility in his al
legged discovery of natural forces" or he
is the most arrant humbug of the age.
Moderate DrimGing.
Jacob L. Greene, the president of the
Connecticut Mutual, recently delivered, in
Hartford, a temperance address in which