Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1906-08-31
sPALDINa's RESURRECTION.

The Tribune prints on another page a
somewhat detailed statement by Hon.
James H. Brady Of the history of his
connection with and manner of acquiring
the properties for the recovery of which
United States court at Boise. The fact
hat Mr.. Brady is chairman of the Re-
publican state committee and that spald-
ting has been out of the pepitentiary for
two years or more. but has waited until
his time to file his suit, gives the whole
proceeding a sinister aspect and makes
Il appear that instead Of resting on the
merits Of his case. spalding has waited
cor what seemed to him an opportunity
rounds. Mr.. Brady. in his statement
sonfnes himself to the matter of Spald-
ng's allegations in his complaint, and
says practically nothing about the man.
~spalding. There are people in this coun-
Try, however, who seem to know some
hing Of %spalding. without waiting to
sear Mr.. Brady's statement, the Inter-
mountain Republican of Salt Lake City.
ellis something about spalding-who he
. and what he is. Under the caption
'spalding's Resurrection" it says:
"And now comes one Charles w
spalding with a suit for some paltry
nillions which he charges James H.
brady of IDAHO has somewhere con-
sealed about his person.
"Spalding never should have happened
again. He was one of the big rocks
on which the Democratic party of Hin
s's split so effectually that 1t has not
get been reunited, and gives less and
.ess signs Of peace as the days go on
RE was a friend of Governor Altgeld.
and was much favored by that remark
able man before John r. Tanner won
the state away from the Democrats.
spalding was president of a savings
,ank, and treasurer of the state univers-
'ty. One day his bank closed, and he was
aowhere to be found. There was q
mighty commotion. Times had been get
ting darker and darker for all classes of
RS0RACp oANa AAS AdAiuIC Va d pdtih III
which much savings had been deposited
;aused immense distress. And the
5palding bank had been so touted and
boosted by the politicians of his party
hat thousands of the working men and
m inclined to that complexion made
t the repository of their last dollar.
Il promised big interest on savings de-
posits. 1t had the preference over the
sounder and less extravagant institu-
lions. And when 1t failed the one big
argument against longer continuing the
Democrats of Illinois in power had been
recorded.
But a still better. argument against
then or ever placing confidence in
spalding came shortly after the mans
arrest In the swemps of Indiana, and
his incarceration in Jail. He was at
tended there. he was followed into all
MS trials. he was ministered to by a
Young m who had been a stenog-
rapher in his bank. When his wife
ZANE to visit him, he repulsed her. The
girl was shamelessly constant In her at
tendance. AND presently the outraged
wife secured a divorce from Spalding,
md In prison he married the woman in
fatuation for whom had led him into
every mad extravaganza. |
Then the full extent of his financial
operations came to the public. While
president OF the bank, while treas
.irer of the state university, he had
been INDUCING in orgies and revels
which neither his strength nor his
wealth could Withstand. And he was
l broken man when his Red Oak, Ia,
and other concerns went to pieces on
the rocks he had strewn for them. 4
'Spalding's failure had more of the
bastard elements and fewer of the
factors that were regarded as excusable
h thar Of any other fnancier from
Fred Warde to Paul o. Stensland.
scores were ruined by his faulty fail
are. Hundreds were injured, and
thousands recorded against him a
curse which has not yet beer put
lay claim to anything. For. IL he
could compel restitution of a million
1t would all be more than exhausted
in an equitable distribution to tina
people whom he has wronged. 4
And yet the man has his uses. II
there were a cap sheaf to the harvest
Of evidence against the Democratic
party 1t was found in the case of
Spalding. Industrial depression.
wicked finance. hopeless policies, and
shameful private life-these were the
fruits Of h spalding incident. And
never while he can be remembered can
there be q restoration Of power by
the grace Of which he fourished."-Thd