The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1890-11-02

making two or three more II worst
comes 10 worst. To this day he hikes TO
grub-stake prospector on the dubious
probability that the man VIII discover
something rich. Having a reputation
for generosity in such matters about all
the grub-stake prospectors IN the country
strike him for q stake when they cant
find another hacker About this the
senator tells good story. O1t IN Cab
fornla Is man named Bud Garrison
(not related to James 5. Garrison OF
Iowa. who is noted as being the biggest
har on the coast. One day prospector
accosted Jones and told him he knew
where there was a mine that had = rich
deposit of ore 500 feet thick in solid
vein. There never was such n NINE
you blamed fool" replied the senator.
''Oh, yes there is. and / know where TO
put my fingers on it. who told you
about this wonderful miney' demanded
the senator. Bud Garrison" well,
don't you know that Bud Garrison is the
champion lair of California; Eyes, !
s'pose he is But, senator, just think
what a mine it would be if only half
what Bud says is true"
Senator Jones is now at work upon .
novel enterprise. Years ago he acquired
10000 acres of land lying right across
the bay from San Francisco. The tract
didn't cost him more than a thousand or
two, for it is all covered by water when
the tide Is at its highest. But the land
is very rich. 1t is sort of mari which
has been deposited there by the two
rivers which flow into the bay on either
side Of it. The black, rich soil is ten or
fifteen fathoms thick. Now Jones is at
work retaining the whole tract. Big
dredges are in operation building a dyke
to keep the tide out. The dyke is seven
| feet high, and is constructed without
masonry or other expensive work AL
ready twelve or fifteen miles have been
finished of the seventy-ive that will be
required to keep the tide of the whole
! tract.
| Last year the senator sowed n small
part of this tract in barley, and the soil
was rough and lumpy. not being sub
dued in its first season of cultivation; he
got yield of seventy bushels TO the
acre. He has been offered $40 an acre
per year for the lease of all the ground
| he has reclaimed for truck gardening.
A few years more and Jones expects to
have the whole IL, 900 acres under cult
walton. For truck farming it will be
/ superb on account of its richness, and
because it is only an hour from San
] h0f n fNr
the 10000 acres will be at $40 an acre,
or even s., each year!
! In Washington we have many men OF
wealth who made their money in the
states, and who, though not in public
/ life, come here to live because they like
the capital as place of residence. The
richest Of these, perhaps, is Letter, who
amassed fortune in the dry goods bust
ness in Chicago. He lives in Mr.. Blaine's
house. Another rich man is NJ. Warder,
of Springfield, o., who grew rich in
making agricultural implements. Thirty
years ago on adjoining farms in south
western Ohio lived two poor boys. One
was this Mr.. Warder, and the others
name was Emerson. One of them tells
me they often talked of what they would
like TO be when men, and they agreed
that their highest ambition was to own
q big factory, employing hundreds Of
workmen. Warder became the richest
man and most public spirited citizen OF
the manufacturing town of Springfield,
while Emerson, his bosom friend, now
occupies a similar position in the thriv-
ing town of Rockford, Ills. Emerson,
like his friend, made fortune in agri-
cultural implements, and again like his
friend is living life of ease and good
works.
Ex-senator Henderson is another rich
man who has settled down here 20 live
in a beautiful castle overlooking the Cap
itol. He made fortune in queer way.
In Missouri many counties had voted
bonds to aid in building railways, and
then had taken advantage Of certain
court decisions TO refuse 70 pay the in
debtedness In moment of inspiration
Mrs. Henderson told her husband that
those bonds would some day be paid,
and that he ought to buy lot Of them
Almost against his judgment, but rely
ing on his wife's intuition, Henderson
invested about all the money he had in
county bonds. He bought at few cents
on the dollar and eventually sold out at
near par.
A case almost Identical with this Is
that Of Col. Henry Strong, vino, like
Henderson, occupies a castle in Wash
ington. Col. Strong was some years
ago plain country lawyer at Keokuk,
la A tier Of counties through that
state had voted bonds TO aid the Burling-
ton and Missouri River railroad. Among
the holders Of block Of these bonds was
Edgar Thompson, Of the famous steel
works at Pittsburg. who had sold rails
20 the road. A decision OF the supreme
court Of the state invalidsted the bonds,
and their market value went down 70
one or two cents on the dollar. Thomp-
son had ESQ. 900 of this paper, and be
offered Strong one-haK the proceeds in
case he could secure a reversal OF the do
cision. Strong accepted the offer and
went 70 work. He soon saw his way
clear in the courts, and then invested al
the money he had in bonds on his OWL
account. He secured about half a mill
ion dollars Of them at prices rangng
from one and quarter cents 10 one and
three-ouarters, and soon afserwsrd the
supreme court Of Iowa reversed its for.
mer decision, and the second decision wal
confirmed By tne supreme court Of TIA
United States Strong got more than
500, 90 from Edgar Thompson, and