The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-04-14
ADLATS STOCK FALLS.
Port Townsend Democrats Mad
at the Vice President
aaAp. A. REVERSE At SPOKANE
Republicans Not Only Refuse 20 IndorSe
the Ticket, but Deaoussse the Order
-TacoEaa-s school Row.

po.< ToxxAser.d. aprn is.-specLzl-ft h
definitely kncHn 1so~ Lssst t1e InsSTS~zts
gasldsnx and Lean Assse1a t.or. o ssseso1x-
s4s9t0z. III. sfcs41a&zes ten Ese~@og-@ IL Tort
To~nse11. and there - good reason 70
ta.sere rzzzx sna1T rzsorz we're l&ssSsSs
szuicssd oF snail aznonggss. hs.t On account
ssf TIE unpleasant pnasiessg & ne natter
tsaey decline 20 make fIze4y i0@saE E'satstc
II rhs latter lst = Is sal Gotterfcr Of
Customs Saunders s&& alpo . saesaEr q
-1,1Sssssae1 confidence. though BIS fsssFs1s
aes4g he frzEsxscamsnf and aver rsat ae
H. TOO sfsse@d an aftnerent % Grover
Cleveland 20 permit ssuy inStstutSoa s.re-
ss4ad ove- by yfee President OF the
tinted States Adia4 T. Stevenson 60 frs
executive oflie@r 70 fiiFu-fang him out OF
So or 81 There sesxs4s 10 Re a sort q
distinction a. between Cleveland Demo
erass and Stevenson as.1ersnss.
The loss s9ssalsea ny Postmaster Nc
Esnsra - All ire Tnors embarrassing for
the reason that when Stevenson vas
elected vice president 1e rushed sro1nn
10 the telegraph Office ARD expended qest
q gum IN wiring s1ts c1Egras alafiosss- ] ne
dssfineuizasd statesman remembered the
little incident, and when be came out
here he inquired for Ar. bic
EAEnara- 5aege Kuhn's admiration
dated from the time Dir. Steven
son was frat assistant postmaster
general. and distinguished himself IN
behsadipg Republican postFnaSters and
earned the title Of "CisYeIand's heads
MAN" The antisilk stocking Democrats
had come to look upon Stevenson as the
only real simon p0re Democrat IN Wash
fngton City. Under these circumstances
the time was ripe for Dir. Stevenson's
cousin, w. u. Stafford, 70 drop around
and soiicit loans on realty. The young
man was iionized. and had no trouble ~
arranging 20 place money loans. lie tod
the people not 10 be backward. bat 70
ask for all the money they wanted. rs
Mr. stevenson had the utmost confidence
tn Port Townsend. One gentleman tim
idly said he would like 10 borrow S.es
on a certain piece OF property. Stafford
insisted upon making II $50. Very
sdroitly be Impressed upon the applicants
the necessity OF paying In small amounts
usually about all Stafford thought they
would ssand--fo accompany the appiiea-
lions for loans. When IL came Judge
kuhn's turn he paid Ia $40. aud was given
this receipt:
Interstate Building and Loan Asso-
citation. OF Bloomington. III.
Received OF J. w. Kuhn, or Fort
Townsend. ten Cio) dollars for membership
zee for 49, shares Of stock IN The Inter
state Building and Loan Association. OF
Bloomington, H.. which amount snail be
returned to subscriber II application is
not accepted by The 2ss1siaftoRs
wv. u. STAFFORD. Agent.
dated November Is. 1854
The applicants also were required 10
make out abstracts. and that cost come
Of them al high as go. The abstracts
were sent TO Mr.. Ewing, a law partner OF
the vice president. who was also the at
torney for the ASSOCIATION, for his exam
nation As yet the attorney has not even
returned the abstracts. although the sec
rotary, r. j. Bum. I'm reply to an inquiry
teiegraphed that the company had no
money to loan. and that no one was au-
thorsze<i 20 solicit loans. He was then
asked to refund the money collected by
Stafford. but has not even deigned 10
notice the requests.
Then II was that the local dupes be-
came quite angry and prevailed upon
Judge Kuhn and Postmaster Mcnamara
"a so after the association for redress.
They were rewarded by each receiving
ten shares of stock. the par value being
500 share, s.gned by A. T.. Stevenson
as president. No request OF demand was
or has been made for further payment for
the stock. Judge kuhn's share Is num-
hered 1880. series 70. class A. pAren-
thoticaily ia one corner OF the certificate
appears the words ''free stock" though
the body OF the Instruments plainly says
that shares are worth 500 each.
IL IA stated here that stafford visited
other small cities Of ths Sound and sue
ceeGed In swtndiinr many people Of vari-
Gus sums or money. II is hard 90 esti-
mate how much money was taken out OF
Port Townsend by this scheme. hut II
Is said 10 reach well up toward 81. 900.