The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1898-02-04
GRABLE'S 'SSTATENENT.
Regrets the Resignation of Will
lam J. QuinIan, Jr.
HE TELLS OF WORK HE IS DOING.
Engaged in Opening Up New Country
Along the Line of the Burlington Rail-
way-The Edgemont and Union Hill
Smelling Companies-If CRADLES Plans
Fail He VIII Be Left Penniless Has
Worked Very Hard for Seven Years.

Fail He VIII Be Left Penniless Has |
Worked Very Hard for Seven Years.
ST. Louis, Mo-, Feb 4.-Mr. Francis |
Cradle. TO whom William j. Quinlan,
Jr., cashier OF the Chemical National |
bank of New York. loaned sS9S,0O0 of
the banks money, in consequence of
which Mr.. Quinlan saw fit TO resign his
position as cashier, is now In this city
Mr.. and Mrs Francis Cradle and Mrs.
j. M Latimer, the latter the mother
of Mrs. Cradle, are occupying mag
niflcent suite of rooms at the Planters
hotel in this city The party arrived
here on Tuesday. Feb. 1, and has been
quietly attending 10 their own affairs
and inaccessible to the representatives
of the local press. The CRADLES are
registered from New York city and Mrs.
Latimer from New Orleans. The length
of their stay here is indefinite.
CRADLES Statement.
Mr. Cradle has just given for publi-
cation the following statement over his
own signature:
Il have Just read with the deepest
pain and regret of the resignation of
d.
Chemical National bank of New York
He has been my friend for twenty
years and I have been a depositor at
the Chemical bank for more than six
years past, and my intimate business
relations with him during this period
have always been Of the most pleasant
character. 1t seems unnecessary for
me to say to any one familiar with Mr..
- I'LL. .,.fn ala infn fxr
never profited one cent from any of my
business transactions with him. One year
ago my obligations to the bank were
| slS0,0O and six months ago l had paid
up every dollar. The present indebted
ness has been incurred since that time.
Never Knew Silver
Il never knew nor have l ever heard
of the Mr.. Silver mentioned in the dis
patches as being debtor of the bank;
nor is he now nor never has been con-
nected with any of my interests In any
way. Mr.. Williams, the president OF
the Chemical National bank. has been
| a stockhoider for several years in one
of the townsite companies ! organized
| and has expressed his complete salts
| faction with his investment. The work
( ! have been doing IS that Of opening a
y v.
J along the Burlington line, beginning at
| Alliance, Neb., and ending at Billings,
| Mont. and including the branch line of
| 100 miles through the Black Hills 10
! Deadwood. Only those who have had
J experience in building up towns and VII
| lagos have any idea of the enormous
! cost There are forty-two towns in our
J territory
Built Miles of Canals.
! IT have built about 500 miles Of can
/ ais and laterals for irrigation and pub
( lie purposes and large number OF
! storage reservoirs tributary to these
| towns and have thereby opened up
| thousands of acres for settlement and
| established farming communities of
/ r,any homes. have followed the same
| plan on which Greeley, Col, was built
up where farm land is worth 500 to
! 5000 per acre From the day the Union
l Hill company and the Edgemont and
Union Hill Smelling companies were or
| ganized work has never ceased. These
! united companies own in all over 200
mines near Deadwood and the Home
J stake. a smelter and stamp mill COM
| pleted. and another stamp mill and
sn,elter in process of construction
|
| has been done on these properties al
the cost of hundreds of thousands OF
dollars.
Rich Paying Property.
IT believe the mines. when fully de-
veloped and worked. will prove one ol
the richest paying properties in the
United States. Nearly every stockhold
er in each of the companies has beer
out 10 see the properties, either before
or after investing, and there has never
been a doubt expressed as to the valu'
Of the property. but on the contrary
in their many personal letters to me
and letters to home newspapers. have
expressed their complete satisfaction
Many of the stockholders made severa
trips during the progress OF the worl
up to the present time and continued
to express themselves as satisfied. "A
least six among the best mining expert
in the United States have made mos
| favorable reports
Hard Worker.
"In all the foregoing work have Civ
Ell every moment of my time for sever
wears. / believe I have averaged eight
cen hours a day, and during all thes'
wears have not had a single days va
cation. 1t has been my constant ane
earnest endeavor to bring each Of thes
enterprises to their highest point o
profit to all the stockholders. Ever!
dollar OF my own money Is invested
IN this work. and the money of thos
associated with me, and ! have fel
was based on good properties tina
would be of ever increasing value. I
the years of devotion ! have given &
this work are not crowned with sue
cess. I shall he completely worn out an
broken In health. and lose every dol
lar l have in the world.
"FRANC1S c. GRABLE"
Suits Against Grsbi~.
Suits have been started at Omaha an
attachments issued against the prop
erty of Francis c. Cradle. The hous
and stable. with their furnishings an
equipment. are listed at $4,000 Mar
Gus L. Parrote OF Omaha. CRADLES res
! ident agent. sues for $500: Francis
| Hamer OF Kearney. an attorney. sue
! for sl,700. and George II. Scripvs sue
R<x -.