Brookings register. (Brookings, S.D.) 1890-1894, 1892-05-06
wardall Gets 81s,334.I6.

Wardall Gets ST., ,334.16.
II it was not 80 serious it would be
positively lauehable to see how
Loucks and Wardall and Cooley and
Harden and Crosse and other reform.
ers have bamboozled the farmers al
lance organization by their various
schemes for fleeing them. The opera.
tions have resulted in securing for
these yahoo demagogues such incomes
as they could never have secured
from any legitimate occupation at
which it would ever be possible to Ell.
gage them. They have played the re-
former racket for revenue and have
been big winners. State Auditor
Taylor's official examination OF the
Alliance Hail association, which was
only one out Of several Of the snaps
which they worked, has just been
made public through the Pierre Capt.
tai, and the figures are enough to
make you snicker.
Just think, for instance, OF Alonze
Wardall drawing SIT, ,334.16 tor five
years services and expenses as an
insurance president. That's what he
got, according to the books. Could
he have had any such job otherwise
than by "playing" q confiding con.
stituency-by belonging to a gang
organized to bleed lot OF deluded
followers. e..
Then for the same time Cooley gets
as secretary $1O,931.25. This figure
for man like Cooley, who did the
real work, doesn't seem so grotesque
as the rake off which Wardall got.
Cooley probably earned what was
paid him. ...
But how would you think Loncks
could earn $5,195.24 as a director.
while poor honest G. A. Soderberp, q
real farmer of this country, who was
also q director, got only $25.5S?
Harden didn't hit the assets as
hard as the rest of them, but he was
into the deal and knew its rottenness
- he got only 81 ,531. .O4 - but what
equivalent did he return to the COM
pany? ,.~.
Crosse managed to get So ,354.75 out
OF the insurance racket, although he
was engaged in other projects which
the gang had organized. .@E9s
But all these fellows such as Cooley
and Loucks and Harden and Crosse
were small fry compared with Ward
all. The transcendant genius of this
skillful financier was found by the
gang to be worth So, 500 q year And
he planned an engagement of five
years! He took the insurance field
for his snap - the rest of them took
others. But isn't it ludicrous that
duffer like Wardall should be hired by
anybody for any purpose at any such
compensation? How do the farmers
of South Dakota like to cogitate up
on the fact that they have been done
up by sucn an outfit? ~
Under such management, is it any
wonder that nobody got full pay
ment for the losses against which he
was insured? And with such an out
| fit, is it any wonder that certain
favorite policy holders were paid q
larger ratio Of their losses than
others?
OF course it may be expected that
these men who have been working
this insurance racket will offer some.
thing by way OF plausible explana.
tion OF their dealings, which the OF.
fetal examination has unearthed -
and it is q sad commentary upon the
common sense OF their victims that a
good many will accept the explana-
tion and regard Wardall and IIoucks
and the outfit generally as immaculate
saints, working solely for elevating
the downtrodden and saving their fol-
lowers from the plutocrats.-Sioux
Falls Press. '@s,