The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-12-02
A CAPTAIN OF INDUSTRY
Continued from Seventh Page.

| also needeu money
When il became known that Ike
Greenburg had consolidated stock all his
! own way, owing to the Gripping of its
sponsor, there was a panic. Ru-nors CT
falling of in business circulated. Twit-
cheIl had seen indications year before
! this time that would have warned HIN
had he still been working for the inter
ests of his company But. from a big
gamblers distorted point of view. he had
felt himself TO be more powerful than
any natural agency.
The Consolidated Steel Company was
unequal TO the strain OF paying dividends
o .nthirty millions of stocA. four-fifths of
which represented the fraudulent opera
tons of Twitchell. To make such dis
/ bursements it was necessary 10 allow the
plants TO deteriorate wofully. to contract
a large floating debt. and finally TO is
sue ten millions of second mortgage bonds
| at eighty This last transaction Melted
! Twitchell another unfair profit at the
/ company's expense. 1t was his last dip
into the pockets of others, for he became
as thoroughly discredited as though he
had served a term in Jail.
/ With a little stretch of the imagination
| Cess elastic than that of the Boom Cap
| tains) the year 1906 has just begun Fat
| uous corporations, launched into being
under the fostering care of pernicious
Jersey charter laws. anG injured by all
| the adventurous elements supplied in
times of bounding prosperity. have at last
wasted away. through the ravages OF IN
herent rottenness. The earnings of Con-
| solidated became so meagre that ont
| only had dividends been discontinued, but
cash could hardly be raised 10 pay the
second mortgage coupons \ large pro-
portion of these bonos had lodged with
the original owners of the small COM
panies that were merged.
Twitchell was almost a broken man,
fighting desperately against the inflated
monster that his devilish genius had Gre
ated. He decided to cut wages. The I'M
ion promptly ordered a general strike
The entire outfit was effecutally closed.
Within six months the company default
ed and was foreclosed. 1t was bought in
by the outside owners Nothing was left
for the stockholders. Twitchell. the chos-
en- financial representative of the Imp
himself. was ruined, and had effected the
depended on their holdings for the mere
necessities of life. Twitchells downfall
was as overwhelming as that OF his Sa-
tanic master, but lacked the single re-
deeming feature for which readers or
Milton are almost tempted to admire the
devil-the stalwart courage after utter
defeat TwitcheIl was a broken man,
and fell to gnawing his fingers and NUT
tering to himself
Twitchel Still haunts the Goldorf corri-
doris and fraternizes with other fallen
captains. His hat has row assumed
rakish angle. \ dirty celluloid mouth
piece holding a self-made cigarette,
hangs listlessly in his teeth. He wears
a red necktie, and has grown a set of
mutton chop whiskers. scragly and I'M
kempt He and his cronies no longer
parade. The restless activity has desert
ed them. 1t is easier to lounge in leather
chairs near the bar. and inhale the de
lectable stencil of strong liquors that
comes reeking forth. Such liquors as fire
mems brains as no Bowery rot-gut cam
Liquors that help tear down the yest1ge
of moral fibre of these money anarchis' s
men who would gain wealth by force!
And such men they were. Such traves-
ties of manhood Men who, with the
superior intellects with which nature has
so kindly endowed them, set TO Work
against the well-ordered progress of
things and the peace OF homes, Tor the
ACKNOWLEDGMENT of self. No age, no period
of history, has ever produced such a
noxious development of morbid seiT-lnter-
est, with perhaps the exception of that
which brought forth d Napoleon TO desc
latew hole countries in prospecting his am
bilious designs
The legislatures of few states like
New Jersey have it within their powers
to check the warfare that these vicious,
anarchistic individuals wage against So
ciety. Our glorious country is too beau
tiful, our liberty too nearly complete, our
welfare of too vital Importance. to be
subjected to such insiduous influences,
continually working against business
tranquility. There can be 10 justice
where dollars worth or property may
be transformed into thousand Con pa
per- by the necromancy of a wide
open" enabling act. that protects the cor
porate fraud until the wreck is searched
by mourning stockholders
James Judas Twitohel exists. yellow
monument of unworthiness. He lives on
a sill mallowance from his wife, who.
prompted by a strange impulse, sold
block Of her stock at high prices. and in
vested the proceeds in bonds. Her char
acter is softly and secure. Even years
of contract with the despicabie rogue
she married have not contaminated her.
e .tr.rr salr rfsE
seems to have been her one little weak
ness and that was probably the result
of Goldorf influences and the promptings
Of her husband
Mrs. Alice TwitcheH is happy. She has
found her life work. she has become
noble By her deeds. Direct personal char
ity is her chosen interest. She may -
seen daily on the streets Of Allegheny in
2 modest tailor gown. carrying parcels
20 needy persons. She IS known in ev-
cry block in many poor districts. Police
men and car conductors life their hats
10 her and help her with her bundles
she is a good friend IN numerous house
holds. where Haunting. uncisguised char
ity would be CALLING and unweicorDe.
-In her unceastng pleasure q doing good
she has an able associate named sirs.
Jackson. who lost every dollar she pos
sessed. but gained friend whose prompt
aid and subsequent coulpauionshlp more
than compensated for the loss Her ad-
dress Is the same as that 81 MTs Twtt-
-rAeIL True. f8lI-measursd happiness l.
generated there and dispensed with free
hand. together rsila just tie right auaouHt
~ rncney-HarOid jefferson n the New
York Post