The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1903-11-27
IOWA MEMS HARD LUCK
After Making Colorado Fuel and iron
Are Thrown Out hv Roclsefailcr

|
| Are Thrown Out by Rockefeller.
7 Denver, Colo, Nov. 26-The fates are
pursuing relentlessly the group of Iowa
| men who three years ago We're the
powers of industrial Colorado but who
have been deDosed by the ruthless hand
| Of the Rockefeller interest. John Cleve-
land Osgood, who came here from Iowa
ana founded the great Colorado Fuel
and Iron company, has been dethroned
as head of the concern, and though
| st1ll nOmlnally connected with it, is
shorn Of his power, While his fortune
has sadly suffered from his great fight
against the Could Gates es-Roclefeller
crowd.
| d. c. Beaman, for years a director
| and general counsel OF the company
| under the Osgood regime, also an Iowa
man, we'll known at Ottumwa, where
he practiced law before coming here,
lies at the point of DEATH John L. Jer-
ONE, former treasurer of the company,
and also a former Iowan, is dead. the
result of nervous breakdown following
his losses, retirement from the corn
! pany and other misfortunes. Julian A.
'tkebler, a member of the Iowa group
who had at one time been president of
the c. f. & l., was found dead three
days ago. 1t is not known that he ever
lived in Iowa, though he was mem-
Der of the Iowa group.
| Jerone's Losses.
| Jerome was found dead in bed in his
country home in Buffalo park, forty
miles from this city. His death is be-
lieved to be due to suicide. through
chloroform, but friends insist was
caused by an overdose of tranOl. used
| to induce sleep. The deceased was q
| sufferer from insomnia, developed by
| the nervous strain OF speculative losses.
All the men have had much worry the
| past few months, and this is believed to
have caused the death CT two and the
present condition Of the third.
| Until the slump came in Wall street
Jerome was said to be regular patron
| of the market, but recently has been on
the losing side. 1t is admitted that
his losses have been between $50, 900 and
100000, and was embarrassed. Since
! his removal from the directory OF the
Colorado Fuel company, at the retire
ment of the Colorado crowd, worrying
brought on sleeplessness, and he was
advised to spend more time at his
mountain home.
| Last week the Overland Cotton mills
] of which he was president, shut down
! for lack Of fuel and this completely up
set jerome, who felt that the fates were
against him.
| The suicide theory is comh2ted by his
| family, who assign the death OF Julian
| A. Kebler, q lifelong associate, as the
| last straw that broke down his nervous
| system.
Beaman Is Dying.
Jerome was treasurer Of the Col.
orado Fuel and Iron company for over
twenty years, associa ting himself with
the Iowa crowd that developed the iron
and coal resources of the state.
| The other one Of these giants of in
! dustry," also on his deathbed, and not
acquainted with the fate OF his asso-
ciates, is D. c. Beaman, father Of the
game laws of Colorado, and devoted to
game. He was the host OF President
Roosevelt during his famous mountain
lion hunt in Colorado and the best
posted man in the state. He was taken
seriously i'll two days before the death
of Kebler and is not expected to sur
vive. No one is allowed to see him and
the utmost care is taken to preserve
him from all knowledge Of what is oc-
curing in the world of affairs. He is
also an eX-directOr of Colorado Fuel,
and the belief prevails that these ex-
officials are being pursued by some
.trange fate.