The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-04-23
AT THE CAPITAL.
How C. S. JObes Fooled the
New Workers.
Stampeded Them With His
Energy and Enterprise.
BROUGHT TO HIS SIDE.
In Vain They Begged Him to
Make Terms.
Captured Big Bond Issue in
SpiteOf Them.
BROUGHT TO HIS SIDE.

Washington, April 24.=Washington
is talking yet over the achievement of
c. S. Jobes, formerly of Kansas, but
now of Kansas City, who came to the
capital last week and whisked the is
sue of 100000 of Philippine GER
tificates from under the very noses of
the New York bankers. The New
York bankers thought they had form
ed an air tight syndicate, and when
Mr.. Jobes, who only wanted 100000
worth of the certificates arrived on
the scene and asked for them, he was
told that he couldn't have them. This
reused the ire of the Kansas City
ftnancier. who said nothing, but came
down to Washington from New York
after the conference, and decided to
see what he could do on his own ac-
count. Within three days the an
nouncement was made that the entire
900 worth of securities had
been sold to Mr.. Jobes, and the New
XOrkers were left holding the sack,
with nothing but their trouble for
their pains. The fasteners were
struck dumb with establishment. It
was the first time a deal of this mag
nitude had been handled west of the
Mississippi river.
Fifteen minutes after the deal was
closed, the New York dnanciers had
called Mr.. Jobes up over the long dis
lance telephone, and We're begging
him to let them in on the issue.
The night after the bids were open
ed, the financial correspondent of a
big New York newspaper was rushing
madly along newspaper row, pro-
pounding this inquiry to western news
paper correspondents: Who is this
/ jay from the west that has upset the
plans of our fellows %
When the deal was closed at the
treasury department, Colonel Clarence
r. Edwards, chief of the bureau of in
I q a ire Eln h n fnv- in
hand, telephoned to Senator Long at
the capitol, who had presented Mr..
Jobes to the treasury officials. II
want to congratulate you on introduce
could swing this thing so successfully,
and had the nerve and the money to
take the entire ISSUE" he said.
The purchase will net the Kansas
City man about sax. 900. and it was only
necessary to bid about 1000 over the
New York offer. The trouble with the
eastern bankers was that they We're
too sure. They reckOned without their
could discourage a man from Kansas
by merely telling him that he couldn
| have something that he really wanted.
| The New Workers have quit asking
now, who is Jobes?" They know.
c. S. Jobes began life as teIegra phi
operator. Twenty years ago he went
/ to Harper county, and was soon con-
/ Quoting a state bank at Attica. j1e
went into politics a little on the side.
| Fifteen years ago this coming June
! Mr.. Jobes headed the delegation from
/ Harper county to a senatorial conveR-
/ ton which was held at. Coldwater in
! Comanche county. Chester I. Long. Of
! Medicine Lodge, in Barber county, was
| a candidate for state senator before
! that convention He lacked a few votes
! without which he could not secure the
nomination. Jobes' delegation was for
him, and the banker of Attica wanted
to see him win He went to work to
! get the necessary delegates. 1t was a
! long, hard contest, but Jobes was fin
ally successful. Long was named for
state senator at o'clock in the morn
ing, after one of the most stubborn
| contests ever known in Kansas cOu-
| VentiOn. The nomination started Sen
| ator Long on his career. Since that
hour he has been the unwavering
/ friend of the Kansas banker, and they
| have helped each other. In 1897 Mr.
Long was able to secure for Jobes the
| appointment of national bank exanli-
| ner for Kansas. In 1902 Mr.. Jobes puf-
| chased a block of stock in the Ameri-
| can National bank of Kansas City, and
| was made president of the institutions.
This is a brief outline of the events
| in the life of the modest man who came
to Washington last week and outwit-
ted the gentlemen from New York who
were laboring under the impression
| that they were financiers-
| For the IISI Tune d AuHQI60 ears d
| member of congress has been accepted as
bail in the corporation court of Alex
! andria, Fairfax county, Virginia. To Vic
tor Murdoch, the Wichita statesman, this
distinction has been accorded. Other
| statesmen have offered themselves as
| surety for offenders in the quaint old city
on the Potomac, as the records show, but
/ Mr.. Murdoch was the first who has been
able to make the Fairfax county authori-
Lties believe that he is good for it. Per
! haps he was able to make them believe
it because he was very much in earnest
when he appeared in the court the other
day as surety for two Wichita boys of
good family who got into trouble con-
! Quoting a graft IN Fairfax county. They
| were hauled up before the ma gistrate,
! and remembering that they were con-
| stituents of Mr.. Murdock they telephoned
| to the capitol, and the latter, whose heart