The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1906-08-24
CHAPTER XXI.

Hallam, Richard Temple had
~ his first interview with Tan
dy Jewett, the hotel proprietor. walk
ed with him to the Y National bank,
took him into the bank parlor and in
troduced him to the president, intimat-
ing that he would probably wish to do
some business with the bank and as
surfing Tandy that the young man was
las square as they make EN-
Tandy welcomed the visitor cordial
ly, and when Jewett had bowed him
self out Temple opened negotiations,
very cautiously and with every seem
ing of INDIGESTION, as to what he might
ultimately decide to do
81 have a little money, Mr.. Tandy,
that | may want TO invest. I'm rather
a stranger in Cairo. | wonder If YOU
as banker, would mind advising me.
OF course if | make any investments
| shall do so through your bank"
1T is my business to advise invest
ors Mr.. Temple, and in your case it is
also pleasure if | may be permitted
to say so. What are your ideas-in
general way, meanY
1T would be somewhat difficult for
me to-
"Oh, | quite understand. You haven't
yet made up your mind. You want to
look about you, Ell? Well, that's right.
There's more harm done by haste in
making investments than by anything
else. There are lots of cats and dogs
on the market OF course they're a
good buy sometimes if a man wants to
take long chances for the sake of big
profits and if he is in a position to
watch the market"
Il am not much disposed to speculate
in doubtful securities" said Temple.
Il can't afford it, for one thing, and,
of course, am not in position to watch
the market, as you say. What | would
like is to put few thousand into some
good, safe, dividend paying security
OF course
you're right, of course. Still, if you
choose to take some small risk, l could
watch the market for you. | often do
that for customers of the bank. I'm
naturally in a position to know what's
going on BY the way, how much
money have you to investY'
Il have $4,000 in New York;
where the interest rates are small"
interrupted Tandy. You want TO bring
it west, where it will earn more. l I'M
! derstand You're right in that The
west is the place for men and money TO
/ do the best they can for themselves.
/ This part of the country is growing
| like Jacks beanstalk You must have
noticed It, But come l want to take
you for a drive around Cairo to show
you what we are doing here and what
we are planning TO do. | think when
you see it you'll know for yourself
where to put your money Can you go
with me for drive?'
Every gladly But first | want to ar
range to bring to Cairo what money
i have | may not want to invest it all
here but it will be handy to have ii
here. l should like TO put ii into your
bank as deposit. But | must draw on
New YOrz for it and get you to take
my draft Won't you direct your cash
Ter to telegraph the Fourth National
bank of New York. asking for what
amount my drafts on that institution
will be honored? Then, when we get
back from our drive III draw for the
money and place it on deposit with
your bank, where | can put my hands
upon it when necessary"
The telegram was sent, and ther
Tandy took Temple in his carriage
one of the best in Cairo at that time
and showed him all there was of re
source in the town, lecturing mean
while on the prospects of Cairo as {
future great commercial and manufac
turing center He showed him al
there was to be shown and then sale
to him:
NOW, I'm an apostle of western de
velopment, but still more I'm an apOs
tie of the development of Cairo. Tn
a bull Oh the country and bull OF
this city. There is much to be done
and il will require the investment o
great deal of money. But the in
vestments will pay as nothing els
promises to do We must have grail
elevators and mills and all the rest o
it. We've two big -four mills already
and there will be two or three NOR
within a year. They must have ban
rels by thousands and tens of thou
sands. Now, a man of your intell
gence must see that empty barrels
being bulky, are costly things to trans
, port over long distances, while tn
mills must buy them at the lowest pc:
sible price. Otherwise they can't Sc
!, flour in competition with the mills Q
other cities So the necessity of hay
ing a big barrel factory here Is obv
Gus, and so is the profit l am JUS
; forming company for that purpos'
/, We have abundant timber right 9
; hand. Just across the two rivers,
Missouri and Kentucky. We can max
> barrels at less cost than they can b
, had for In any other city, while W
q have a local market that will be III
falling The company Is capitalize
at S25, 900, and a good part Of 1t Is a
+ ready subscribed"
r He did not say that none OF IL ha
=.