Audubon County Republican. [volume] (Audubon, Audubon Co., Iowa) 1885-1894, 1891-08-06
WHEELER AT HOME.
The People Of Odebolt Talk Of Their
Neighbor Mr.. II. c.
Wheeler.

The democratic press has assailed III.
G. Wheeler's private affairs, and made
them matter of public interest.
Their assertions and insinuations are
generally untrue, and have caused the
citizens to make common cause, and
set him right before the public. The
following statement was sent to the
Chicago Herald, the vilest democratic
paper in all the land, and is self-ex-
planatory:
ODEBoLT, Iowa, July 3O-EdtOr OF the Her
aid: Having read the account OF the special
correspondent of the Chicago Herald in regard
to the mortgage on Dir. Wheeler's farm, his way
Of doing business, we find a good many state
ments that are not correct. We do much busl-
ness with Mr.. Wheeler and think we know per-
fectly as to his financial condition.
A part OF Mr.. Whecler's farm is mOrtgaged
for $50, 900, which he obtained from the North
western Mutual Life Insurance Company at
per cent, without commission or other charges.
This is all there Is against his farm. He has
never given a mortgage on his crops or on any
personal property. While the records show S7O,-
900, he has paid $4,000, and as matter OF fact
owes but SsO,OOo.
We know that Mr.. Wheeler receives each year,
in payment for his imported horses, long time
notes, running one, two and three years, to the
extent of $4,000 or more. Our understanding
is that he carries the mortgage on his farm for
the purpose of obtaining money at a low rate of
interest, enabling him to carry his farm pro-
l,,ot 20. tba yat 10
We know that he has often carried the products
OF his farm for a year or more before marketing
them. This also enables him to carry his bills
receivable.
Mr.. Wheeler has $4,000 worth OF real estate
here on which there Is no ncumberance, and
we know OF his having purchased real estate to
the value, we think, of more than 100000 with
in the last ten years. outside OF his holding here,
and the same Is unencumbcrcd.
Mr. Wheeler now has an agent In Europe pur-
chasing fifty-fyc horses In France and England,
which will be here this month"; and he has nine
imported horses on hand. He has 1000 cattle,
mostly pOiled-angus grades, 100 horses and
mules and a large amount of bills receivable, all
of which amount to over 100000 in value.
Since we have known Mr.. Wheeler he has not
been engaged in any other business than farm
ing, except that of importing horses, 1t simply
amounts to this That Mr.. Wheeler in 1891,
put 60OO0 mortgage on his farm to enable him
to develop and stock the same. He has been
abundanty able for years to pay off the mort
gage, but it is not business to do SO, as he can
use the mOney at the low rate Of interest
charged and benefit himself by so doing,
The other misstatemcnt We wish to correct is
this. although n large consumer, he seldom
buys anything in OdCbot." This is untrue and
unjust, and we have taken the trouble to look
the matter up. The merchants of the town fur
nish the following proofs of the ta!sity OF the
charge
To Whom 1t May Concern: We, merchants OF
Odebolt, Iowa, do hereby certify that II. c.
Wheeler has bought of us, respectively. yearly
average, during the time designated below, the
amounts set opposite our names:
Joseph Mates successor to Mates 4 KetOrer
hardware 81, 900 yearly for twelve years.
II. C. Ballard, meats and provisions, 500
yearly for six years.
L. c. McKeevcer, harness and saddlery, $3.50
yearly for eight years.
7. 2. Motto, groceries, $50 yearly for nine
years,
Hartman s. Behnke new FIRM millers, $3.50
during the last year.
WI. Summerwill, druggist, Sl5Oyearly for ten
years.
C. J. JacobIe meats, $50 yearly for four
years.
Fred Hansman, hotel keeper, $500 yearly for
three years.
J. W. Burnside, dry goods. sl25 yearly for ten
years.
S. II. Bauman Lumber Co., lumber, sl,2jO
yearly for ten years.
Mates & Ketterer, general merchandise,
81, 34l yearly for seven years
J. I. Koran, liyeryman, 500 yearly for three
years.
Many Of the other merchants OF the town re-
ceiye patronage from Mr.. Wheeler varying
from SIS to 500, making in the neighborhOod OF
-, Oos that he leaves with the people yearly
OF the merchants mentioned above five are re
publicans and ten are democrats. Mr. Wheeler
does not mix politics and business.
W. j. SUMMERwILL,
Vice President First National Bank,
w. Il. Box,
Cashier First National Bank,
@. N. TAGGART,