Omaha daily bee., 1883-01-18
THE RESERVATION RING.
SQua ter Governor P0arman and
His Par S Again On
the Surface,
Wholesale Swlndling Of Land
81 ekers in the Otoe
Reserve.
One Victim n S. suited FIR Visor-
ou,ly Pres eating the Crooks.

Correspondence OF Tus BKA
MyAoRE, Neb., January TO- no.
tice in your issue of tho l5.h the fol,
lowing item:
Wymore had a sensation just after New
Years, j. j. Steadmap, president ot the
Valley bank, being cowhided by 5. w.
Jacobs. The cause was n t learned.
The cause of this brutal and COW.
ardly attack on the part Of old Jacobs
upon Mr.. S.eadmsn was explained In
The DAILY BEE q few months ago.
Tails man Jacobs, his son, n j. w,
Pearmln, OF unsavory fame rs a jobber
in this county, and a man named Fer.
gusop, of Blue Springs, organized q
ring last summer to control and sell
the Otoe reservation, o being ap
praised. They represented that,
through the Beatrice land %ottice, they
would be able to sell to parties and
secure to them a title to any section
OF land they might chose to select.
SO we'll did they cover up the
"fraud" that large numbers of men
invested certain amounts, from SlOO
to Sl2b for II section or half a section,
as the Ease might be. Five Iowa men
were induced to try their luck in this
wheel of fortune, turned by Jacobs,
Pearman & Co. Two Of these same
men were sold The same tract of land,
One paid his 500 down for the tract
and the other was to send his check
from Creetop. On the train these
men compared notes, and q third, who
had knowledge of the fair and how
these men had bean swindled, came
out and exposed tho steal. L. wai
then cgreed to withdraw in good or.
der from the association. Bat with
ora aGl wa5 not 80 easy as introduce
tioa. When the money was de-
manded it was not forthcoming. Mr.,
Sseadman wrote several timeB for his
money, which had been paid to the
secretary, bat got no satiefaction. Al
last he became hostile and demanded
his money or threatened criminal pro
csedings. He WIS refunded part o
it. Being In Wymore tho other day
old nan Jacobs left word at the banl
that he wanted to soc Mr.. S Ac
~cordingly Mr.. S. and Mr.. Wilco,
went over to the jacobs house
jacobs met MIR. S. cordially
shook his hand for o monen
and then in a cowardly manner struc'
him with q whip. Steadmsn no doub
would have laid the old man out, pos
sibly for good, but friends in~terfered
and to-day old man Jacobs was trie
for assault and battery Mr.. Stead
man Is, from what We learn, q very dc
termined young man, and being clear
ly In the right in this case has tn
power to make 1t hot for this ring {
jobbers, which, but for the tlmel
. warning given by THE BEE, woul
9 have carried this game to q gres
length, and robbed many more people
. This incident proves that this ring
r composed OF desperate fellows, VIII
Q are probably more desperate from IL
fact that If pushed by law they ms
o look from behind the penitential
o bars. Ga rpeople feel grateful to M
n Steadman for his pluck and determil
alton to expose the ~rascality of th
9 ring which has done much to ipju
o this locality. The attempted oownt
o ing was an ignomlnioub failure, b
the Gauss Of the attack has fully c
q posed tho rascality CT the ring.
!, II. G. j..