The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1900-01-28


A Bear in Wheat and Looks for =
e1.60 Rate Before Spring.
Denis Kearney Of San Francisco, who
gained worldwide fame nearly d quar-
ter Of q century ago as political
economist from the standpoint OF a
common day laboyer, has been direct
Ing his efforts in more profitable chan
nels. As q preacher of the truth he
remained a common drayman. AS a
man soured utterly on reform people,
too apathetic to act for themselves. he
has won a fortune. Today he Is a
millionaire and Is one Of the most pow
srful plungers in stocks and bonds and
other securities.
There is no mystery about my sue
cess In the big markets." said Mr..
Kearney to the writer the other day.
my whole life seems now to have been
arranged as training school to fit me
for this business, and because l am
prepared l am obtaining the financial
results that naturally flow from prop
erly directed efforts. My career? Well.
1t is quickly told. l was born in Ire
land, followed the sea as boy and man
from the time was eleven until was
twenty-five years old. all the time on
Yankee ships; came to California IN
1867; married Mary A. Leary, and we
have our children and grandchildren
about us; was assistant superintendent
Of the Folsom street wharf for Ben
Holiday; bought out a draying busi-
ness and soon built 1t up so'that 1t net
ted $500 a month clear profit: first be-
came an agitator for better streets. be-
cause our city thoroughfares were al
most impossible and the money ap-
propriated by the city to repair the
streets was being stolen right and left;
then came the opposition to the Chin
csc and the new constitution campaign.
was right in both and won both
times, as everybody knows. After the
anti-Chinese episode the merchants be-
gan to boycott my business. l saw
they were going to ruin me and so
| transferred the business to my brother.
Dan Kearney, but they said 1t was still
| In the family and kept up the night
He had to get out for $500, which was
all he could obtain for business that
had been clearing $500 month. and 80
they succeeded in depriving me OF my
property, in which l had all my earn
ings invested, simply because I exer-
cised my right as q citizen to stand by
what believed. Only two firms re-
fused to be bulldozed into leaving US
they were Cartan & Mccarthy and T.
w. Jackson & Co. I went to Engle-
brecht & Levy, who were most violent
In their attacks, and in their EFFORTS &c
break up my business. and polntee
out that they were getting ready tt
have their own threats cut by intro
ducing so many Mongolians In theil
business. They had 500 Chinamer
making cigars. and thought they had
good thing. Pretty soon those Chimes
started into business TOR themselves
and Englebrecht & Levy were driver
from the feld-ruined by Chimes
cheap labor. 1t served them right
Nearly all of those who boycotted m
then have gone the same way. Afte
getting out of the draying business
pushed my anti-Chinese' crusade an
. made my campaign for the new con
stitution. During the excitement
, was unjustly sentenced to the hous
of correction for six months on
charge of using language tending t
incite a breach of the peace. l serve
forty days and was compelled to wea
, striped clothing the same as othe
convicts. The Supreme Court declare
my conviction illegal and ! was re
leased. All the talk about the keal
ney riots is wrong. There never wer
, any Kearney riots. for my reason fo
taking part in Chinese agitation wa
: to put an end to riots, and l did 1t e.
fectually. Nobody can point to a sir
;. gle China washhouse that was attacke
! or burned after took hold. My pla
q was to prevent the danger OF riots B
a changing the laws. While l was speal
ing through the state my expense
were paid. After that lived on VIZ;
4 had saved from my draying bushes
= But my money gave out, and when tt
road to the ocean beach opposite Sc
Rocks was completed / went out VII
- the crowd Of unemployed to see Il
- sights. / was hard up and saw
chance to do business. started a co
fee kitchen in big tent near the Cli
House and sold coffee and doughnu
- and pie. Stephen Maybell was Wi
me. We had the best coffee on Il
beach and fairly coined money. Son
days 1t cleared over 500. 1t was
new thing, times were good and tho
sands Of people visited the beach eve
a. day. But that was too good to la.
p The park commissioners drove me
er and began to dabble in mining stool
an besides writing sea stories for the M
III Clure syndicate. BY careful operatio
NJ in the mines I made pretty go
SO living for several years, watching t
is fiuctuation OF prices. which was go
ng school for the larger game In whe
ID. Then took a chance on sugar and c
nd but have settled back to wheat as
he steady thing. This Is going to be
great year for wheat, and Califorr
nd farmers will reap the benefit If tn
nd have the ability to hold on. All Z
st, rope is short and will ask US for ~
IS; 600 900 this crop year. We have
om lit to spare unless we consent to
get corn. That's why wheat will sell
'ep 81 20 per GENITAL in Chicago and 81
bic here between now and May. Our far