The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1904-02-13
O6e BIQzed
~ - By STEWART
TH" ~ EDWARD
- W~O WHITE

ceeyrisbf. 1902. -<rs~arr Ed~ard uhifs



losses. AT the stumpage rate your
million and half which Railway 'ap.
propriated' would be only three thou
sand. But for the sake OF argument
wen take the actual sum you'd have
received for saw logs. Even then the
million and a half would only have
been worth between eight and nine
thousand. Deducting this purely theo-
retical loss Railway has occasioned
you from the amount he has gained
for you. you are still some four or Eve
thousand ahead OF the game. For that
you paid him nothing"
That's Railways lookout"
"In justice you should pay him that
amount. He is a poor man. He has
sunk all he owned in this venture,
some $4,000, and he has nothing TO
live on. Even IL you pay him five thou
sand, he has lost considerable, while
you have gained"
"How have we gained by this bit OF
philanthropy?
Because you originally paid in cash
for all that timber on the stump just
$4,000, and you get from Railway saw
logs TO the value OF $4,000" replied
Thorpe sharply Besides. you still
own the million and half which, II
you do not care to put them In your
self, you can sell for something on the
skids"
Don't you know, young man, that
white pine logs on skids will spoil ut
terly in summer? Worms get into
EN-
II do" replied Thorpe, unless you
bark them, which process will cost you
about 81 thousand. You can find
any amount OF small purchasers at re-
duced price You can sell them easily
ut SO. That nets you for your million
and Il half little over $1,000 more.
Under the circumstances | do not think
that my request for five thousand is
at all cxorbltant."
DAILY laughed "You are a shrewd
figurer, and your remarks are interest
ing" said he.
"win you give SCOOP asked Thorpe.
II will not" replied DAILY; then, with
sudden change of humor: And now
I'll do little talking. I've listened to
you just about as long as I'm going
to. have Railways contract in that
safe, and live up 80 IT, I'll thank you
TO go plumb to blazesv'
That's your last word, is III" asked
Thorpe, rising.
at is"
"rhen," said he slowly and distinctly,
''Ill tell you what I'll do. intend TO
collect in full the 50 a thousand for the
three millions and half Mr. Railway
has delivered TO you. In return Mr.
Railway will purchase OF you at the
stumpage rates OF 50 4 thousand the
million and a half he failed TO put
I'm. That makes bill against you,
IL my figuring is correct. OF just Sill
600 You will pay that BILL and Will
tell you why Your contract will be
classed in any court as a gambling con
tract for lack OF consideration. You
have no legal standing in the world. |
call your bluff. Mr. DAILY. and I'll fight
you from the drop OF the hat through
every court In Christendom."
Flight ahead" advised DAILY sweetly
who knew perfectly well that Thorpe's
law was faulty. AS a matter of fact.
the young man could have collected
on other grounds but neither was
aw sre OF that
Furthermore" pursued Thorpe In
addition, I'll repeat my offer before
witnesses. ana il win the first suit
III sue you for the money we could
have made by purchasing the extra
million and half before II had a
chance TO spoil"
This statement had It's effect, for II
forced an immediate settlement before
the pine on the skids should deterioratc
Daily lounged back with u little more
/ deadly carelessness.
"And. lastly" concluded Thorpe, play
/ ing his trump card. 'the suit from
start 10 finish viii be- published In ev
cry important paper In this country
/ If you do not believe | have the In
flucnce TO do this you are at liberty e
doubt the fact"
DAILY was cogitating many things
lie knew that publicity was the las
thing 10 be desired ThorDc's state