Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-27

was Mr.. Lentz Mr.. Henrici had, for all
the wears that he administered their affairs,
the implicit trust and confidence of the
members of the society, and the junior
trustee scted only in an advisory capacity.
This confidence was justified no doubt
Looked Upon as a Father.
The Economics looked up to Henrici as
their father, and he fulfilled fathers duty
to them. Owing to the complete ignorance
of nearly all the Economics of worldly at
fairs. it was not deemed necessary to fur
nish to them an accounting of the revenues
and expenditures. It is the absence of any
thing like a regular set of books or finan-
ciaI record that will make it extremely diff
ficult. for any one TO discover just how the
society stands to-day.
Since Mr.. Duss graduated from the
school house where he taught in Economy,
to the practical governorship of the society.
a great many outside ventures have been
undertaken. The various departments, if
the term may be used, of the society's busi-
ness have been handed over to members
newly elected. Each superintendent has
been allowed certain degree of indepeud-
ence and has accounted, If at all, to Mr..
Duss, since Mr. Henrici became incapaci-
tated for work. There are many members
of the society who do not know whether all
or any one of the industries directly or in
directly owned by them have been making
money.
Properties Leased and Sold.
Some of the properties have been leased
to outsiders, and others have been sold.
Where the money is, the council, consisting
of seven men beside Duss and Henrici,
NAV know. Nobody else does. 1t is clear,
so the best authorities who could be reached
Yesterday say, that when the society has
got rid OF its debts they will at least
retain their big farm at Economy.
This with the town buildings, the
oil and gas interests there, the
cultivated lands, orchards, sawmill, and
possibly the brickvards, though it is said
the latter have recently been leased to out
siders, should be worth anywhere from
$3.50, 900 to $500, 0,000 There is not the least
reason to doubt that the Economy Society
is entirely solvent, but instead of enormous
riches the probability is that they have not
more than $500, 900 to-day.
Recently scheme to liquidate the out
standing liabilities was undertaken by the
council and MI. Duss. The scheme is to
place blanket mortgage upon all the prop
erty of the society for $500, ,000 It is stated
that the instrument to this effect was pre-
pared last week in connection with the con-
ference of power on Mr.. Duss, and is now
ready for the mortgsgors, who are under
stood to be the Pennsylvania Com
pany. The mortgage was taken to Mr..
Henrici while he lay upon his
deathbed and he signed it. 1t
is said that Mr. Henrici was in q semi
comatose state at the time, and his nerve
less fingers had to be guided while ne signed
the document.
The Report Soon Spread.
The act of signature was seen by several
people, and the report that the mortgage
was completed under such circumstances
evoked considerable comment yesterday
from members of the society who are not in
favor of Mr.. Duss' administration.
The society to-day consists of some forty
odd persons, two-thirds OF whom have
entered the society during the last six
years. The old original members number
about a dozen and most of them are incapa
citated by old age and bodily infrmities
from taking an active part in the society's
affairs 1t seems likely, however, that