Smyrna times., 1883-01-10

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lucky young man referred to is about
thirty three, a graduate of Georgetown
College, D. c., and has just been elect
ed to the Assembly of California.
" Jimmie f" has gone into training for
Congress, and will get there in 1884.
The unluckiest man in the point of
wealth, is Senator Jones of Nevada.
There has perhaps never been so vast
a fortune so quickly scattered as that of
Jones's. In spite of popular belief,
Senator Jones to-day is poor, compare
lively speaking. When he was elected
to the Senate in 1873 he was worth at
least $1OOOO,OOO. To-day he is not
worth $4,000 above his debts, and his
Congressional salary is no longer de-
spised as a source of income. 1t would
be hard to tell where Jones's fortune
has gone, or more correctly speaking,
hard to tell where it hasn't gone. No
man ever sunk so much money i'll
chimerical schemes, invested so much
in bogus friendships, or became so easy
a prey to financial sharks, as Jones.
He sunk 100000 hard money in
mines at Panamint, Cal, which never
yielded a dollar. He sunk another
million in the Sumner mine, in South
California. He built railroad in
Southern California twelve miles long,
and it cost enough to have had every
tie of mahogany and every rail of sill
yer. The Central Pacific afterward
bought it for about 81 900 mile. He
bought every ranch ever offered him ;
indeed, he bought one in Nevada
which has never been located to this
day. Jones's agents could never find
it. He started an ice factory in New
t Orleans. He never saw the factory
and never but once or twice the man
who got him into it. He opened the
st. James Hotel in New York, and OF
course it never paid. The last cruel
Il wipe that Fate had in store for Jones
was the "Sierra Nevada deal" as Cali
fornians all call it, of four years ago
On mere prospect the stock wa'
jumped from So share to 1915. Jone
e got in at about 5000, on the drop
The stock is selling now for less thai
$5.
The fortunes of the bonanza men @
Nevada, Mackey, Flood, and Fail
lc were not only greatly exaggerated i
lc the first place, but within five year
n they have sadly dwindled. Thei
is great source of wealth was in wOrkin
at the ores of the Big Bonanza, haulin
n the bullion, and managing the mine
P and that has wholly stopped. The
lie. mining stocks have sunk in value
in almost zero, and it is hard to tell no
ay wherein their great fortunes consis
ID Of course all are rich men, but nothir
las like as rich as they were five years ag
if- 1t is doubtful if any of them, with Il
possible exception of Mackey wi
lfc always had twice as much as the othel
at would now cut up $5,0OO,O00. NJ
RS. Flood owns but little real estate-N
Op- Mackey none at all. Senator Fair Ow
Pa about $2,O00,000 worth. Their mimi
ate operations have for two years been
My burden. Their bank does not pay, a
US never has paid, for it never becal
rlx popular with the business cOmmuni
rles The only property any of them has I'll
less yields an income, except Fairs bu
to ness blocks, is their Government bon
the 1t was but four years ago that Fair |
was caught to the tune of q million
hill Robert Sherwood. another mini
lom capitalist, who used to sell watches q
10 a finger rings. At the time of the Sic
pro- Nevada deal Sherwood owned 5,
'ess. shares of Union Consolidated, Il
but rated in the market at 5000 shi
the Fair was clustering around one day
Navada Block about what was so
ried to be shown up in the mine, and
Miss much higher the stock was goi
the Sherwood, who was a very quiet
5 in cautious man, hoped it was all Il
was but had his doubts. " l suppose yc
70 of like to peddle out your stock, the
gave said Fair with a sneer. "No, l d
wing care to peddle it, but I'll sell it,"
also the reply. "What'll you tax
e Sc "Market price," was the ans
rom There was q small crowd around,
gone all were cycling Fair to see how
: safe would stand the bluff. He saw he
in for it, and there was nothing t
IS in but go ahead. "I'll give you 81
the "No, nothing but market price.
cker, peddle it out at that" said Mr.. 5
She wood, with laugh. "What is it no
Beau and both walked to the ticker. ~
she $2O1, S2O3," said some one. "Pll
Mr.. you $780, said Fair. "rll take
sons; said Sherwood. "Give me your che
all a "Come into the bank" and in
minutes the burly Senator had
alifor- Sherwood's 5000 shares of stock,
Cole 81 ,OO0, 600 had passed to Mr.. Sherw
$ ago bank account. There was cons
ida at able excitement on the street owe
expect sale, but it did not brace up the ma
Brien, The stock steadily dropped, ant
IS his day it is not worth S5 share,
'helor. Louis Globe Democrat.
d sent $50 -----
JAILED, A Tennessee dog crows like a
q. In ter. The paper which prints it
laurses this story is vouched for by
limie p" clergyman" We have seen the
deal of local clergymen attached to SO
he out unsolicited testimonials in quac
lig tin vertisements that we must be eS
: had for doubling that this dog crows
600 in rooster or crows at all or indee'
Uncle there are any dogs in Tennessee.
all the grows sceptical about local clergy
SOC, ,Oe0 afirmations after time.--BostOn
no got script.
nortem r.. - ''e- - - :.
n with Having used DIR, Bulls Cough
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