The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1896-10-29
STARK COUNTY DEMOCRAT, THURSDAY. OCTOBER 49, 1896

plate. A revival in business will wilt
ness a wonderful impetus in glassmak.
ing. After an idleness OF four months
the bottle factories are about to resume
work, the scale of wages for the ensu-
ing year having been agreed upon few
days since Throughout the country
the industry gives employment to some.
thing over 100, 600 men
The recent failure of +. L. Harper,
the Fidelity Bank wrecker, but recent
ly a stock speculator in Cincinnati,
recalls the boast stid to have bee n
made by that individual before his re.
lease from the penitentiary here. to.
wit that he could take $40 capital up
on his restoration to business life and
in few years be rich man. 1t is
presumed that he had considerable
more than that sum when he passed
out the doors of the prison. as during
the whole period of his incarceration
he enjoyed an income from the sale OF
canary birds which the leniencv of the
prison officials allowed him to deal in.
Harper's Office in the second story OF
the Deputy Warden's building always
contained a number of German song.
sters, which he sold TO other prisoners
and to persons on the outside at a good
profit. But whatever the size of his
capital when he reimbarked in bust.
ness in Cincinnati his failure would
indicate that he had not been making
any great strides toward opulence.
1t is possible that his ability as a Ma
poleon of finance may have been over
estimated. Such was the faith of q
bright young man, holding good posi-.
ton in the Attorney Generals Office,
that Harper was able to perform hnan.
cial miracles, that he resigned his place
when the latter was restored to FREQ
dom, and cast his fortunes with him in
his brokerage enterprise in Cincinnati.
| strong friendship had sprung up be.
tween the two during Harper's impris.
| onment, and the Cincinnatian enlisted
the young clerk untiring cooperation
| in helping TO secure his release. The
visions of speedy opulence, however,
failed to materiali2e. Harper in prison
and out was two different men, and
after short experience the young man
returned to Columbus, sadder but
wiser.
One Of the most prominent politicians
Of the State, who is noted for his en-.
ergy and force on the stump. was heard
to remark wearily. the other day, that
he wished the campaign was over, for
he was heartily anxious to return TO
the ordinary affairs of life. This sen.
timent will be echoed by the people at
large. Everybody has become tired of
politics during this long campaign, and
none more so than the politicians them.
selves. Men in official life, from the
highest to the lowest, are expected to
| contribute time and money to party
success. no matter at how great a per.
sonal sacrifice. 1t is looked upon as
paying a debt to the party, and is one
Of the penalties Of political prefer.
ment The Senator or the Governor is
no more exempt from such service than
the petty official who seeks TO elxe out
his tenure of public life by great
show of party zeal This year has been
especially severe on Ohio speakers, as
they have been largely assigned TO some
of the doubtful Western States, and
thus compelled to be away from their
business interests for longer period
than usual. The National Committees
have, during the campaign now draw
ing to a close, drafted number of
Buckeyes into the distant fields of Kan.
sas, Iowa and Minnesota.
Holders of Columbus real estate who
live in other parts of Ohio are nu-
merous. Considerab BILE money has been
made in property here by outside spec
ulators, and in the aggregate a vast
sum has drifted in here to be loaned on
first mortgage security. The three or
four big real estate failures which have
occurred during the past year ha ,e
caused some uneaslness on the part of
out.of-town creditors. While the values
in every case where loan has been
properly made renders the mortage safe,
| ha lat tc 30 .
noyance of litigation by bringing fore.
closure or protecting his interests by
other process of law. When industrial
conditions become normal such securi.
ties can be readily ~ealized upon, but
just now not much can be done with
them.
The A. c. Ady failure caught a large
number of out-of-town creditors. The
career of Mr., Ady as a real estate
| plunger has been rather remarkable
one. His recent indictment by the grand
| jury of Franklin county for alleged
fraud in obtaining money from certain
parties on second mortgage security in
stead of first mortgage, as represented
by him, has placed his name under a
cloud Formerly his standing was high.
| A few years ago Mr. Ady was clerk in
railroad office here on a small salary.
He was one of the first to foresee the
opportunities that lay in building at
tractive houses and selling them on easy
payments to persons of good income,
Securing backing, he at once launched
into the building business, putting up
from forty to ffty houses in single
season. He disposed of them rapidly
and realized large returns. At the time
the panic struck the country in 1893 he
he was rich man. but he made tho
mistake of building as extensively as
before, when he should have curtailed
his investments. As result many Of
his houses stood idle for lack of buyers,
and some that had been already sold
were thrown back on his hands because
OF the failure of purchasers to meet
their payments. The tightness of the
money market, which rendered it i'm.
| possible to borrow in sufficient sums to
tide over, forced him to the wall. II
| is thought he will save little II any.
thing from the wreck, and besides his
financial difficulties, he now has a Grim.
inal charge hanging over his head,
| War on Dogs.