Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1897-10-29

against the Tux payers and in favor of
these few Des Moines bankers ut the
rate of six per cent. interest per annum
Rut If these few favored bankers in
dorse and approve the business" meth
DDS of the treasury filchers, it does not
necessarily follow that these methods
are approved by the large majority of
the respectable bankers and business
men Of Des Moines and of Iowa.
Mr.. shn,v's "Business" Methods.
1t has been shown that Mr.. Shaw has
some GOO mortgages on the farms of
Crawford county. Each mortgage
bond has attached to it from five to ten
coupons. The legal rate of interest in
Iowa is six per cent. The highest legal
limit is eight per cent. Mr.. Shaw's cou-
pons specify eight per cent. after ma
turity." But Mr.. Shaw is not satisfied
with reasonable and fair per cent. He
is not satisfied even with the statutory
limit. He charges usury. Here is an alb
solute proof of the fact:
IL. NJ. Shaw. President; C. F. Kuehnle,
Vice President; c. L. Voss, Cashier.
BANK OF DENISoN.
Responsibility, s16O,OoO.0O.
"Denison, Ia. July 49, 1S97.-James Bell
angee, ESQ.,, Des Moines, Ia, Dear Sir. :
Yours of the 9th inst. with draft for $50. 40
is received and applied upon your inter-
est, due February 1st 1897. You are 40
cents short on your remittance due upon
said interest. We carry past due interest
at ten per cent. Please remit above short
nd oh loo fr,tl
cashier"
Neither in hisspeech at Des Moines nor
at any other place or time has Mr.. Shaw
made any reply to the charge of usury.
MIR. shaw's Tax Titles.
The records of Crawford county show
that during the last five years Mr.. Shaw
has made 235 purchases of lands at tax
sales. The books and pages showing
the record of these purchases are shown
en- transcript from the records of
Crawford county, and this transcript
may be seen at room Ala, Equitable
building, Des Moines. Perhaps it is no
great wrong for Mr.. Shaw to make
business" of buying his neighbors'
lands at tax sales, but the fact is ma
terial when studied in the light of other
facts given in this article.
Mr.. Shaw as q Taxpayer.
These facts are Transcribed from the
records of Crawford county. The taxes,
paid in part by Shaw and in part by
Shaw & Kuehnle, are for the year 1896:
Bank of Denison-Valuation, $500;
taxes, $439.50.
Bank of Manilla-Valuation, $4,000;
taxes, $276.2O.
Land, 10 acres in section 1, Goodrich
township; valuation, $602; 76 acres in
section IA, Goodrich township; valua-
ton, 1920; taxes on both tracts, $39.31.
Land, 33.72 acres, Paradise township,
section 6; valuation, 1894; taxes, $70S.
Land, 1856 acres, Charter Oak town
ship, section rs; valuation, $700.71;
taxes, $54.72.
Land, 119 acres, Independent district,
Charter Oak, section &c; valuation, ST.,
1875; taxes, $67.72.
All of the above taxes are paid by the
ing are Mr.. Shaw's individual taxes:
Lots II, IS and 10, block s4, Denison,
Ia; valuation, s1,75O; taxes, $99.44.
| (This includes Mr.. Shaw's household
goods and all taxes pertaining to house
property)
Land, 232 acres in Goodrich township,
section 10; valuation, 5000; taxes, $5o.44.
Land, 152 acres in Goodrich township;
valuation, Sligo; taxes, $32.61.
1t will be seen by this that Mr.. Shaw,
the rich banker, the successfully and
marvelously thrifty money lender, hav
ing in his name more than 100000 in
mortgages on the real estate of Craw-
ford county and 235 tax certificates
against the real estate of that county,
pays no taxes on monies and credits"
Mr., Shaw owns two banks in Crawford
bility of $4,000, in addition to the
over $5oo,ooo in notes and mortgages
and his big bundle of tax certificates
In his own name; and yet he pays no
taxes on monies and credits"
Mr.. Shaw MS n Lawyer.
The following affidavit made by Tay-
lor Pierce, now resident of Carroll but
formerly a citizen of Crawford county,
explains itself:
| state OF iowa, CdrTOll county, SS.-l
| Taylor Pierce, being first duly sworn, on
| oath depose and say that during the year
| 49,, it being some time after the death of
| one Josiah Winans and after one Clark
| Winans had been accused of the murder Of
said Josiah Winans. l was to have been
| witness for the prosecution: and just prior
| to the assembly of the grand jury of Craw-
| ford county, Ia, one L. NJ. Shaw, the pres
| ent candidate for governor on the repub-
lican ticket. was retained as lawyer of
said Clark Winans. The accused in per-
| sonal conversation with me suggested that
| 1t would be well for me to go outside the
state, and beyond the service of subpoena,
| and remain until after the grand jury had
adjourned, and that he SHAW would fur
| nish me all the money that was required for
| any expense. Acting upon his suggestion,
| l left the state, and was notified by one
| David Evans when to return, and did re-
| turn upon notification by said David Evans,
and did not appear before said grand jury.
TAYLOR PIERCE"
Subscribed In my presence, and sworn
| to before me by said Taylor Pierce, this
| 18th day of October. 1887.
wv. M. BEACH.
| Notary Public"
MIR. Shnw and the Churches.
| Bear in mind that it has been Mr..
Shaw's political henchmen and not his
| political opponents who have used his
| Game in connection with the churches
AL the time Of the Cedar Rapids conven-
ton, and SINCE that time frequently,
Mr.. Shaw's oname was and has been
paraded before the public as that of
one who is particularly entitled to the
political support OF church people. To
be more specific, and that there may
be no doubt as to the plainness of this