Audubon County Republican. [volume] (Audubon, Audubon Co., Iowa) 1885-1894, 1891-08-13
A SANDER Refuled.

We take the following from the Des
Moines Leader No comments are
necessary rs it explains itself;
EDIroR LEADER: Having read the
account OF your special correspondent
in the Leader of last Sunday in regard
to The mortgage ON Mr.. Wheeler's
farm, his way Of doing business. etc,
we lind n good many statements that
are not correct. We do much business
with MIR. Wheeler, and thiek we know
personally as to his financial condi-
ton.
A part OF Mr.. Wheelor's fartn Is
mortgaged for 5000 which he OBJ.
tanned from tho North western Mutual
Lille Insurance company at per cent
without commission or other charges.
This Is all there is against his farm.
tic has never given a mortgage on his
crops or ON any personal property, and
rs a matter OF fact owes but 500, 900;
while the record shows $40, 900, he
has paid $4,000.
We know that Mr. Wheeler receives
each year. in payment for his inn
one, two and three years, TO the ex.
tent OF $40, 900 or more. Our under
standing Is that he carries the mort.
gage on his farm for the purpose OF
obtaining money NJ u low rate OF inter-
est, enabling him TO carry his farm
products to such time Us thomarket is
satisfactory, We know that he has
often carried the products Of his farm
for year or more before marketing
them. This also enables him TO carry
his bills receivable.
Mr.. Wheeler has $40, 900 worth OF
real estate here on which thore il no
incumbrance, and We know OF his hav-
ing purchased real estate to tho value
we think, OF 100000 within tho last
ton years, outside OF his holdings
here, and the same Is uncncumbered.
Mr.. Wheeler now has an agent in
Europe purchasing tifty.hvo horses In
France and England, which will be
here next month, and no has nine i'm
ported horses on hand, lie has |, 900
cattle mostly Poland Angus grades.
$50 horses and mules ana large
amount of bills receivable all OF which
amount to over 800, 900 in value.
Since we have Known Mr.. Wheeler
no has not been engaged In any other
business but farming, except that OF
importing horses.
IL simply amounts 10 this that Mr..
Wheeler in 1881 put 100000 mort
gage on his farm to enable him to de-
volop and stock the same. He has been
abundantly able for some years to pay
OIL this mortgage, but IL is not BUSH
ness TO do so, as he can use the money
Mt the low rate OF interest charged and
benefit himself by 80 doing.
Tho other misstntement we wish to
correct Is this: although large
consumer he seldom buys anything
In Odebolt.n This Is untrue aud un-
just, and we have taken the trouble 10
look tho matter up. Tho merchants
OF tho town furnish the following
proof OF the falsity Of the charges
To Whom II May Conccro--Wc,
merchants OF Odebolt, Iowa, do here
by certify that II &. Wheeler has
bought OF us respectively II yearly
average, during the time designated
below, the amount SGT opposite our
names:
Joseph Mates (successor to Mates
& Kelterer) hardware 81, 900 yearly
for twelve years. X. &. Ballard,
meats and pro visions. $500 yearly for
SIX years. Il. G. McKeever, harness
and saddIcry, $3.50 yearly for eight
years. i. i. Motto, groceries, $3.50
yearly for nine years. Hartman &
Bchnke, new llrm) miliers, $3.50 dur
ing the last year. w. j. Summerwili,
druggist, $500 yearly for ten years.
G. j. jacobs, meats, $3.50 yearly for
four years Fred Hansmau, hotel
keeper, $3.50 yearly for three years.
j. w. Burnside, dry goods $l25 year
ly for ten years 5. II. Bowman, lum-
Der company, lumber, $l,250 yearly
for ten years. Mates a. Ketterer,
general merchandise $l,34l yearly
for nine years, j. r. Horan, livery
man, 800 yearly for three years.
Many OF the other merchants OF the
town receive patronage from Mr..
Wheeler varying from 1926 TO 800
making in the neighborhood OF ~. 900
that he leaves with them yearly. OF the
merchants mentioned, five nre repub-
Leans and ten are democrats. Mr.
Wheeler does not mix his politics and
business.
(Signed) w. +. BAY,
Cashier First National bank OF Ode
bolt.
G. M. TAGGART,