davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12

terly bewailed his ill-luck.
''See here" said Mackay, you have
a lot of farming implements and
couple of horses. You make me out a
chattel mortgage and pay me my price
and will let you have the money"
The farmer consented. Mackay went
to his father and borrowed 5000. This
he turned over to the farmer, who
agreed to pay him $40 a month interest
only per cent, but that was before
Mackay realized how easy it was to
earn money in this way. The farmer,
delighted, went around telling everyone
what a fine fellow young Mackay was.
In short time other neighbors came
to him to borrow money, and young
Mackay soon found himself in receipt
of an ample income without working.
The funniest part of it all is that the
entire community commenced to talk
about what a fine fellow he was. The
farmers who borrowed money at 5 per
cent month found that they could
easily afford to pay the interest, but
they lost sight of the fact that the
principal was still being carried against
them.
ForecIosed His Mortgage.
Mackay soon found himself in pos
session of quite a sum, and then he
foreclosed most of his chattel mort
he went to Minneapolis with about
$4,000 and opened a loan Office there.
1t was really nothing less than a pawn
shop, but as he would lend money on
anything from a rag carpet to baby
carriage, he soon built up a trade. His
rate now was 10 per cent. The only
thing Mackay would not lend money on
was horses. He had lent money on
some of the horses of his friends down
near Mankato and when he announced
his intention of foreclosing, his friends
doctored the horses, ill-treated and ill
fed them, so that on forced sale they
brought almost nothing and the origin
al owners were able to buy them back
for less than the amount of the loan.
To this day Mackay will never lend a
dollar on a horse.
During the next ten years, Mackay
plugged away, piling up money each
year. Then he conceived the idea of
establishing branch offices all over the
country. He had already opened an
Office in Chicago, under the name Of the
Illinois Loan association, and after a
couple of years had invested about
$4,000 in small loans, most of them
less than 500. But try as he would, he
could not force any more money upon
the public. 1t was a waste of money
for him to keep his cash idle, and he
wanted to put out every dollar he had
at IU per cent a. montn, instead OF let
ting it remain in banks at per cent
a year. But he found that he simply
could not force the Chicago public to
come and borrow any more money.
Then Mackay had an Inspiration. He
went three blocks below his Chicago
Office and opened another loan office,
calling it the Chicago Loan company.
Within month he had loaned $4,000
from this rival Office and most of it
went to the very people with whom he
he was already doing business at his
other Office.
. Makes Discovery.
t'This showed me- said Mackay aft
erwards, that most people who borrow
money will go just so far with one
firm, and no farther, for fear of getting
too deeply into debt. But they will
borrow about the same amount from
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12

city ten years ago. Yet the contract
ors used cheap materials, for Mackay
had to keep spending money to keep it
| in repair, and finally in disgust sold the
building at price more than $1,000
less than it had cost him to erect it.
He invested $4,000 in a great wheat
farm near Mankato. The crop was
| ruined that year by lack of rain, and
Mackay in disgust sold the farm for
$4,000.
Loses $1,700 i'm Fifteen Minutes.
Mackay went to a Minneapolis faro
bank one night three years ago and lost
j 81, 700 within fifteen minutes Then
he was led outside.
Don't it make you sore to lose
| $1,700 SO quiclzly?" he was asked.
Not bit of it." he replied. e
haven't lost $1,70O. The way I figure
this game out is this way: will al
ways have money. I will have money
when die. I will leave it to some one
who comes after me. have not lost
$1,700, but the fellow who gets my mon
ey after I'm gone will get just $1,7Oo
less than he would have received. He's
the one who lost, not l."
A gambler named Shaw was in Chi
cago dead broke, and wanted to come
to Minneapolis, where he expected to
open a faro bank. Mackay met him
at a little roundup in Chicago one
night. The fellow was telling his hard
luck story.
Il owe money here in Chicago" he
said. And have all my jewelry in
pawn. To move. my wife and family
to Minneapolis would take $1,000"
Il will lend you $1,000" said Mack
ay, "but you must pay my price for
it,
The gambler consented without
knowing what the price was.
You must give me $50 a month
interest until you have paid off the
principal" said Mackay. This, of
course, is only 5 per cent, but Mackay
had a sympathy for people who take
chances
Gets Even With Shaw. 7i7
The gambler consented, got the
thousand, moved to Minneapolis and
prospered. He paid the $50 a month
until he had paid all told exactly $3.50.
But he still owed the thousand. A
stroke of luck came to him, and he
found himself with lot of money. He
went to Mackay to settle the debt.
See here, Mackay," he commenced,
II have paid you $3.50 already, but there
is still the interest for this month that
I haven't settled. Besides that, I owe
you the thousand. Now, if you will
KNOCK OIL the SoU LOT THIS month,
will give you the thousand now and we
will call the matter settled
Mackay thought a moment, then
said: "All right" and accepted the
thousand.
Some months later Shaw, the gam
bier, had a stroke of bad luck. He
wanted to borrow some money, and
went to Mackay to raise thousand.
Want me to lend you money? What
for?" repeated Mackay.
well, you see, you loaned me a
thousand before and I paid you a good
price, and I'm willing to make the
same agreement again.
mo, SIR replied Mackay decisively.
you didn't keep your word. You
agreed to pay me $50 a month for the
use Of the money, but you renigged
on the last fifty. You didn't do as you
agreed to. 1t was just the same to me
as though you had offered me the fifty
and renigged on the thousand. 1 had
no security but your word, so had to
take what could get and be satisfied.
You have shown me that / cannot de-
pend on your world want no further
business dealings with you"
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12
RECTOR GETS RICHES
FROM A STRANGER
How Clergyman Who Went to Utah
From New York Became President
of Gold Mining Company.

GOSHEN, N. Y, Oct I-Rev. w. E.
Malson who was rector of ST. James
Protestant Episcopal church in this viii
lage is now a rich man. He resigned to
accept a call to Ogden, Utah.
A year ago or two he was asked to
visit a stranger who was ill in a hotel
in Ogden. The patients condition was
such that his physician declared death
would result unless he had quiet and bet
son and his wife took the stranger into
their home and nursed him back to life.
Ora teful, the rector's guest offered pay.
stranger departed Not long after Mr..
Malson and wife discovered that they
were large stockholders in a gold mine.
The stock was the enforced gift of the
man they had befriended.
Development proved the gold mine to
be a bonanza. At a recent meeting of the
stockholders Mr.. Maison was elected pres
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12

flaw in the record of the loan on Mrs.
Smiths baby carriage, he orders a
complete examination of all the books
in the office. If the case seems all right
he selects another entry. or perhaps,
two. If he finds no flaws, he contents
himself with examining the cash
books and departs.
Know Only of HurIburt.
In most of these offices Franklin
Mackay has never set a foot, and is
absolutely unknown even by name
Perhaps the manager may know to
whom the Office belongs, but the
chances are that even he knows only
of Hurlburt.
1t is asserted by one of Mackay's
friends in Minneapolis that he has
$780, out in small loans, which pay
him 10 per cent a month, and that af-
ter making deductions from his in
come on account of poor loans which
can never be recovered, salaries, rent,
lawyers fees, interest, insurance and
expenses of bonding officers, the bal
ance each year approximates nearly
$250,000. This is. practically eQuiva-
lent to nearly 35 per cent net on his
investment. Besides the money in
vested thus, Mackay is worth consid-
erab1y more than an additional $1,000
wv iuNSSlSu III hlIliledpoliS iCoi CO
tate and his London holdings.
Yet Mackay could never make dol
lar at any other enterprise. He bought
a section of land near San Francisco
and cut it up into town lots. He sold
out when the enterprise was half COM
Ipleted to a former friend of Minneapo-
lis who gave him notes that were in
dorsed by another friend. The notes,
at six months, proved worthless, and
Mackays never recovered a dollar on
them. The speculator sold the lots
and went to India.
Mackay also paid $4,000 for the Col
orado rights to the Kelley motor. 1t is
not necessary to add that his money
was burned up in an instant.
Mackay built the immense Maekay
block of granite in Minneapolis. 1t was
probably the best Office building in the
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12

law vice president. The mine is in the
southern part of Utah, and authentic adj
vices received by friends of Mr.. and Mrs. Z
Maison here state that they have declined
an offer of $1,000, 600 for their interest in
the property. 1t is further stated that a
mine adjoining was recently sold for
900, and that the Maison mine is
more valuable.
Mr.. Maison has been transferred tenn
porarily to the diocese of Missouri where
it is said his pastoral duties will not be
quite so arduous as in Ogden, and where.
it is understood, he will be enabled to
devote the time that development of the
mining property requires of him. He will
not leave the ministry, but, it Is under
stood, will use his newly acquired wealth
for the advancement of the church.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12
WITH The MEN WHO MAKE ST. PAULs BREAD
same care that housewife bestows
upon the patches made for household
conSumption

same care that housewife bestows
upon the patches made for household
consumption.
Pies Defy Machinery
The making of pies, cake and cook
les has not attained so high a me-
chanical development. The pies. which
defy natures provisions for their di-
gestion, defy mans ability to construct
the crust alone is done by mechanical
contrivances. Cakes likewise are made
by hand and cookies partially.
The pie crust machine consists Of O.
hopper into which the dough Is thrown.
The pressure Of it's own weight pushes
1t into pair of rollers which press it
out into long ribbon Of suitable
the pie constructors and pressed upon
the pans by hand. The inside of the
pie is entirely prepared by hand. If
made at home the ordinary 10 cent pie
would cost abeue Is cents.
The cookie machine, like the pie
crust machine, makes long ribbon of
dough, from which the cutting ma
chine forms the attractive shapes
which decorate the bakery windows.
The cutting machine consists of
large shield in which a number of
smaller dies of the desired size are
set. The long ribbon passes over the
base, the shield descends and forty
cookies are stamped at a single pres
sure. Deft hands remove the surplus
dough. the cookies are placed in a pan
and the pans sent to the oven. The
making of cookies, like the making of
pies and cakes, is usually carried on
only during one or two days of the,
week.
Dog Biscuits That Last.
Of late years hand in hand with the
manufacture of human food the larger
establishments carry on the construc-
ton of dog biscuits. The dog biscuits
are made of flour, water and meat, and
are built to last two years II neces-
sary. The biscuit consists two thirds
of chopped meat which for two hours
passes under the knives of a chopping
machine. The biscuits are baken in a
separate oven although they are as
cleanly as the human food.
Charity plays larger part in the
| bakery business than it does perhaps
in any other. T. The scriptural injunc-
ton to cast bread upon the waters
| comes as near being literally obeyed
as is consistent with effective charity
| There is always asconsiderable amount
of stale bread left over which can be
used in various ways, and this the
| bakers donate to the charitable insti-
| tutions of the city. One local baker
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12


100000 and have a regular
permanent income of $780,
600; to have one or more
branch offices in every city OF the
United States and yet practically I'M
known in all of them except in Mime
apolis is the rather unusual chain OF
facts surrounding the career of Frank
iyn Mackay.
In the past thirty years Mackay has
built up an immense fortune and bus
iness by conducting a series of loan
offices all over the country. He start
ed first on a small scale in Minneapolis
and found the business so profitable
that he extended his operations, until
now, under one name or another, he
has a branch office in nearly every city
of Importance in the United States.
He is what is commonly called a ten
per- CENTER" and his business has fire.
Quently been interrupted by state leg
islation against usury.
Mackay prefers to live in England
where society confounds him with the
California family. FRANKLIN Mackay
always travels with his trunks marked
simply "Mackay," and it is generally
believed over there that he is rich
railroad manipulation living in retire
ment. He has a magnificent house on
Carleton House terrace, London, a
shooting box in Scotland, and a fine
country house at bennington.
Once a year he comes to America
to look over his Minneapolis real es-
tate holdings and see his lawyers, and
consult with his chief of staff, j. II.
Hurlburt.
There are siXty-nine of the lo1n Of
fees scattered over the United States,
and Mackay has perfected a system of
control which is as finely organized
as the United States government sys-
TEN of national bank inspection.
Macl<ay is not a pawnbroker. He is
a ten-per-center. He lends money on
goods and chattels, taking in return a
chattel mortgage. He does n& hang
out the sign of the three balls and
lend money on old gold, silver, watches,
cameras, boots and shoes. There is
not enough profit in that. But he will
fend you $50 on a piano, parlor furni-
ture, a library, rugs, household goods
of any description, Office furniture, or
in fact anything of value short of
jewelry. He charges 10 per cent a
month for the use of his money.
Mackay Little Over Fifty.
Franklin Mackay is now a trifie over
fifty years old; rather brusque in man
ners, rather large and heavy, slightly
tinged with gray. 1t is related of him
here in Minneapolis that Mackay has
tried every form of gambling without
success. He has played roulette faro
and poker, and has always lost He
has gambled in real estate and lost.
The only way in which he ever made
a dollar was through his loan offices.
And yet he had to borrow money be-
fore he made his first venture as
lender at 10 per cent
Mackay comes from a little town in
Southern Minnesota named Mankato
His father was employed in a bank
there, while young Mackay worked on
farm, thirty years ago.
A neighboring farmer wanted to bor-
row $500 and went to Mackays
father. His farm was already mort
gagged and Mackays father refused to
lend him the money. The farmer met
young Mackay on the roadside and Bit
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12

the rules laid down, however good a
baker he may be, is retained in the ser
vice. Where the handling of the in
gradients is necessary an extra degree
of cleanliness is required, and the eye
of the head baker is upon every man
to see that he obeys the regulations.
~ The bakeries are kept as fresh as
possible by artificial ventilation. A
fresh air draft near the outer wall is
maintained by means of large fans run
by electricity. Even with this means
of stirring up fresh air the tempera-
ture of the baking room remains at
about lis degrees.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12

gives away about $4,000 worth of stale
bread year.
Is Cleanliness Is Enforced.
If Cleanliness is next to goodness"
work in a modern bakery, where regu-
lations are vigorously enforced, should
bring man nearly to perfection. The
regimen prescribed in the larger bak-
cries where the peoples bread is
baked, requires a daily bath before en-
tering upon work, the change of all
outside garments and the putting on
of clean white linen suits. Habits of
the bakery and no man who violates
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-12

body, revolving, begins the real work
of making the loayes. The contents Of
the mixer are disgorged into a zinc
lined rising tub, capable of holding
1900 pounds of dough, where it is left
to leaVen'
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07
THE TAX REDUC LION BILL.
work Assigned 10 Him by Ways
and Means Com mittee.

Washington, Feb. 1.-The bill re
ducing war revenue taxes ST. 900. OOc
has been completed by Chairman
Payne Of the ways and means com.
mittce. The committee will meet or
Monday and report the bill to the
house, and il is the purpose OF Mr.
Payne to begin following the con
sderation Of the measure in the
house Immediately following the con.
sideration Of the ELECTROMAGNETIC
bill. The reduction bill is rather
lengthy. as several schedules have
to be readiustcd. All rates. however
are brought back to those existing
before the Spanish war. except on
mixed -four. The repeal section j.
brief and restores the old rates. In
some cases, as in that Of cigars, TO.
bacco. beer. etc, the changes have
been made since the original war
taxes were imposed. 50 that simple
repeal Of existing law would not re.
store the old rates. Special sections
cover these cases.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07
Ex-CONGRESSMAN PEARcE.
The Former Representative 90 the
Twelfth Missouri District Sue
cumbs tn Pneumonia.

81. Louis. Feb. t. Former Con.
gresham Charles T.. Pcarcc died in
his apartments at the Planters hotel
Thursday afternoon. of pleuro-pneu.
monia. Mr.. Pearce was - years old
and served in the house of represent a
tives from the Twelfth district of
Missouri in the Fifty-tifth and the
FiftN-siNth congresses.
For more than a year the ex-con.
gresham had been sufferer from
pulmonary trouble, and. principally
on that account. retired from poll
ties. Last October he made trip to
Colorado in search OF health and re-
turned after a prolonged stay appa-.
entity greatly benefited.
About three weeks ago he was at
tackled with a severe cold. This was
aggravated by the cold wave of y
week ago. and he becSme confined to
his room.
His brother, w. y Pearce. Of Bos-
ton, was summoned by telegraph. and
arrived in time to be at his brothers
side when he died.
The former congressman was born
in New York, and entered the Union
army as captain of Battery i. six
tenth New York heavy artillery. in
1868. Immediately after having been
graduated from college. He served
creditably through the remainder Of
the war. and was mustered out witt
the rank of major. In 1866 he cam,
to St Louis and began the practice
of law. in which he was successful
lie was at one time commander OF
the st. Louis national guard, and was
one of the organizers of the First
regiment. in 1877. He had always been
q republican.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07
FOR HIS THIRD TERM.
Santos Zelayn Again Inauguratcd
President of >icaragua-A
Hopeful Outlook.

Managua, Nicaragua. Feb. 3.-San-
tos Iclaya was yesterday inaugurated
president of Nicaragua for his third
term in the presence of the Nicara-
guam congress and n large assem-
blage of citizens. Judge Matos, Of
the supreme court, administered
the oath 10 the president who. in
his address briefly reviewed his pre-
vious administration in Nicaragua,
and referred hopefully 10 the pros
poets for the construction Of the Nj
caragua canal and To the benefits
that Nicaragua would derive there
from.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07
At the Tomb OF Gen. Jackson.

Nashville. Tenn. Feb. 3.-Admirai
and Mrs. Schlcy braved the cold yes
terday for "A visit to the tomb Of An
drew Jackson The trip to the
Hermitage. II miles out on the Nash
vile, chattanooga & ST. Louis road.
was made in 4 special train leaving
here at 1880 yesterday morning. Ar
irving there. the party was taken in
charge BY committee from the La
dies Hermitage association, and ea-
cortcd TO the old brick church where
jackson worshippcd. The services
were conducted by Rev. ID. c. Kelly.
n Methodist minister.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07

The juvenile son OF an army officer made
strange mixture OF the history OF George
Washington the other day. A visitor called
during the absence OF his parents, and to
entertain the children and instil lesson az
manly honor end patriotism told them the
famous stories Of the liberty bell and the
cherry tree. The scion Of the soldier was
much interested but the details got badly
twisted in his head When his father re
turned home he was told Of the fine story
the visitor had told about the Father Of his
Country Washington must have been a
wonderful man, said the boy "He smashed
the liberty bell win his little hatchet and
his father whipped him with cherry tree
Tor telling lie" 1t took paterfamilias some
time to straighten things out.-W ashington
Star.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07
FAREWELL AND WELCOME.
The Treasury CIub-t Farewell and
Weicomc-The Old and
the New.

Washington. Feb. 1.-The Treasury
club. an organization of officials of
the treasury department. gave fare
well dinner last night at the Shore
ham hotel 70 Hon. Lyman j. Gage. the
retiring secretary. Covers were laid
for IS, the guests including Hon. Les
lie Nj. Shaw. who succeeds Mr.. Gage;
former Assistant Secretaries Van
derlip and Howell, and Admiral Far
quchar. Speeches were made by
Gov. Shaw. Secretary Gage. Assistant
Secretaries Allies Taylor and spald.
ing.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07
A SHARP EXECUTIVE ORDER.
ALI Officers aud Employees az the
United states May Read and
be Governed Accordingly.

Washington. Feb THE presiden.
has issued the following executive or
der
"All officers and employees OF the
United States of every description
serving in or under any OF the exccJ-
tive departments, and whether 50
serving in or out of Washington, ars
hereby forbidden either directly or
indirectly, Individually or through as
sociatons. TO solicit an increase Of
pay or 10 influence or attempt t.
influence in their own interests any
legislation whatever. either before
congress or its committees. or in any
way save through the heads of de.
partments in or under which they
serve, on penalty of dismissal from
the government service.
[Signed
THEODORE ROOSEVELT"
"White House, Jan. 81, 1902"
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07
Sensitive Organ.

Inc manager came before the curtain wit
his I-deeply regret-to-state face on. and said
to the waiting throng:
shall have TO ask the indulgence ~ he
audience a few minutes while Nine. prim-
don RECEIVERS the use Of her vocal chords,
which were severely strained Just now by
yawning over some verses that were sent to
her by an admirer. Chicago Tribune.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07

~ cant nndcf.f,ni about this wireless
telcrnpAy stid Alr- Nnnacr
wv. NJ PLAIN A. day said Mr. Wun
der. They jusi send the messages through
the air instead OF over wires
II know that" said SIC but how 10
they iasten the air 70 the poles Balti
more American
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-02-07
Gen. Tunston's wound.

Kansas City, Mo-, Feb. len.
Frederick Funston will not have to
undergo another operation, accord
ing to statement issued yesterday
by his physician, who added that the
wound, an after result Of an opera.
ton performed for appendicitis, Is
healing rapidly. Gen. Funston has
contracted bad cold, and was unable
70 60 to Lawrence, kas.. whore he
was booked TO deliver speech. He
will 60 10 lola, kas.. his parents
home, to-day, and from there to
Washington and New York within a
few Gays