Canyon City news. (Canyon City, Tex.) 1903-1908, 1904-12-09
9 6be Bio re q
BY STEWART
EDWARD
WHITE



the woods"
"But you have in your hands three
million and a half, which under the
present arrangement you get free Of
any charge whatever"
"AnG we ought to get it," cried Daily.
Great guns! Here we intend to saw
this summer and quit. We want to
get in every stick of timber we own
so as to be able to clear out of here
for good and all at the close of the
season, and now this condigned jobber
ties us up for Il million and a half"
at is exceedingly annoying" con.
ceded Thorpe, land it is a good deal
of Railways fault, am willing to ad.
NIT. but it's your fault too"
ITO be sure,' replied Daily, with the
accent of sarcasm.
You had no business entering into
any such contract. 1t gave him no
show"
II suppose that was mainly his look
out, wasn't it! And, as already told
you, we had to protect ourselves"
"YOu SHOULD have demanded security
for the completion of the work Under
your present agreement, If Railway
got in the timber you We're to pay him
fair price If he didn't, you appro.
priatcd everything he had already
done. In other words, you made him
Il bet"
Il don't care what you call it," an
swered DAILY, who had recovered his
good humor in contemplation Of the Sc
curty of his position. "The fact stands
all right"
at does" said Thorpe Unexpectedly,
"and I'm glad of it. Now, let's examine
few figures. You owned 100000
feet of timber, which at the price Of
stumpage" standing troes) was worth
$4,000"
"Well?"
You come out at the end of the sea.
son with three million and half of
saw logs. which with the S4 worth Of
logging added are worth $4,000"
Hold on" cried Daily. I'VE paid
Railway $4. We could have done IT
ourselves for less"
"You could not have done it for one
cent less than fourtwenty in that coun-
try" replied Thorpe, ''Hs an expert will
testify"
"Why did we give it to Radway at
four thcn?'
"You saved the expense of a salaried
overscer and yourselves some bother"
replied Thorpe "Radway could do it
son which you Yourself do not under.
stand, "A jobher can always log for less
than company"
I'VE could have done 1t for four" in
sisted Daily stnbbornly. But get on
What are you driving at? My times
valuable"
"Well. put her mt four. then" agreed
Thorpe. THAT makes your saw logs
worth over 100000 or this value Rad
way added $l3.00O You have appro-
priated that much of his without pay
ing him one cent"
DAILY seemed amused. How about
the million and half feet of ours he
appropriated?" he asked quietly
''I'm coming TO that Now for your
losses. At the stnmpage rate your
million and half which Radway ap
prOpriated would be only three thou
sand But for the sake Of argument
We'll take the actual sum you'd have
received for saw logs. Even then the
million and half would only have
been worth between eight and nine
thousand. Deducting this purely theO-
retica loss Radway has Occasioned
you from the amount he has gained
for you. you are still some four or five
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 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 Radway saw
logs to the value of $20,G0O" replied
Thorpe sharply. BESIDES, you still
own the million and a half which. il
yon 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
'cm."
IL 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
at So. That nets you for your million