Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-02-27

the MCLtd eStdle. 1 has IL tlOSc StOlCo
on the northeast corner of the square look
irg out toward Lafayette park. and 1 be-
lieve he owns one or more houses on the
is the only mar I know here who has made
a fortune out of a cemetery. He bought.
ten years or more ago, the old Holmead
the city. paying 1900 for it. This was a
bagatelle compared with the present value
Of his property. There are magnificen
neighborhood sells for less than 81 and up
wards per square foot.
A Big Paper Deal.
job r. Mclean has made big money in
newspapers as well as in real estate. l am
told that w. r. Hearst paid him more than
he spent upon the New York Morning
Journal for that property, and the Cincin-
natl Enquirer, which he has owned for
years, is better than a Klondike gold mime.
Mclean was put to work in the Enquirer
Office after he was through with his edu-
cation, a part of which was gotten in Eu-
rope. He began as an office boy and work
ed up through the different ~gradationS I'M
til he became business manager. He de-
veloped a remarkable nose for news. and
ne IS to-day one of the best judges of news
in the United States. He manage the En-
quirer himself, though he lives here at
Washington. and has TO send most of his
orders by telegraph. He has never reduced
the price of the paper. and to-day he gets
> cents for every copy throughout the week.
He is a shrewd tinancier and is always
cat. anu dDle ~ III a oou gain
During one of the panics of some years
ago. | am told. he had boarded up in the
neighborhood of 100000, preparing for the
hard times that he saw We're at hand. He
then paid his bills in cash and bought
everything at the lowest prices. At one
time he bought a million pounds of white
paper at a price which astonished his COM
petitors. a paper manufacturer had called
upon him and was very anxious TO sell.
Mclean replied:
You can easily sell 20 me if you can only
make your figures low enough"
We'll. I'll sell to you as cheap as any one
Yes" said Mclean. Il know that. But
T think the prices are too high. Now, how
low viii you make it if 1 take 100000
The paper dealer unused a moment Inc
IN let you have it at Ga cents;"
Cant you do better than that" asked
Not for that quantity" replied the dealer.
Well, then" said Mclean. what will
you charge me for a million pounds"
"A million pounds" exclaimed the dealer;
you don't want a million pounds"
Yes L do" replied Mclean. You can
"Of course / can" replied the man. We'll,
let me See" He t%hereupon figured a while,
IF you will take a million. 1 will give
it TO you for 3 cents"
'On what time"
oh said the, dealer. IT will let you
have two or three months"
No. L can't buy on three months, in
tn these hard hard times.T said MeLean; IN" The
know how tight money is. No; 1 must
have six months or we can't deal"
But, Mr.. Mclean" said, the paper man
II know that" was the answer. but I
didn't make the times. l am willing to buy
your paper. but L must have the time I
yours"
The dealer did not reply for a moment.
Finally. he said:
Mr. Mel can Won arc DRIVING , rerv
hard bargain, but business is business, and
/ will give you the time you ask for.
There's no money in it, but l do it merely
to secure your trade"
In a few minutes the contract was signed.
The signatures had hardly been blotted,
What discount will you allow me for
cash on delivery"
What's that" said the paper man.
Il want to know what discount you will
make if L pay you cash as You deliver the
The dealer had to figure again. and the
result was that Mclean finally got his pa
per for 81 cents a pound for cash, while
his competitors were paying fully a cent
more for the same article.
Where the Postmaster General i've
Returning to famous houses of Washing
ton. 1 called the other night on Postmaster
General Gary. He is now living in Sena-
tor Sawyer's 100000 house on Connecticut
avenue. The house is magnificently fur
nished. some of the walls are papered with
the finest satin, and its decorations, which
were all made by hand, are among the
most beautiful of the houses of Washing
ton. Mr.. Sawyer went into debt when he
was a young man to buy his time of his
father, and he was over 30 before he was
5000 ahead. He is now a number of times
a millionaire, and it was during his term
in the senate that he built this house, in
order that his daughter might have a suit
able place for her entertainments in con-
lection with Washington society. Since
he left the senate understand he has Of
fered the house for sale. but it is such a
valuable property that Il purchaser has not
yet appeared. This house is even finer
than that of Secretary Sherman, and the