The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1906-12-20

- 49, ~ fht(t ~
DUCK was Turing me into National Goa
no had not for nine years been open {
attack. but had so far ledged himself i
bshat, had his closest lieutenants bee,
trapped and frightened into ''squealing.
ne would not have been involved: withou
GEAR OF exposure and with a clear con
science he could--and would!-have joine,
IN the denuncia ton of the man who hac
Deem caught. and cnnld-and wouldi-hay,
helped send him to the penitentiary or t,
the scafTold. With the security of an hon
est man and the serenity of a Christian he
planned his colossal thefts and reapeG
their benefits: and whenever he was &C.
cused, he could have explained everything,
could have got his accuscr's sympathy
and admiration. l say, could have ex.
planned; but he would not. Ear.y in his
career, he had learned the first principle
OF successful crime-silence No matter
what the proVocation or the seeming adj
vantage, he uttered only a few generous
phrases, such as 'those misguided men,"
or the Master teaches us to bear with
x~neekness the of the wicked, -
or let him that is without sin cast the
nrst stone AS to the crime itself-si-
hence, and the dividends.
A great man, Roebuck! I doff NV hat ia
him. or all the dealers in stolen goods
under police protection, who so shrewd as
he?
WlEnot was the instrument he enp,oyed
90 put the coal industry into condition for
REORGANIZATION" He bought control Of
one CT the coal railroads and made Wilmot
president of it. Wllmot, taught by TWEEN
ty years OF MS service, knew what was ex-
pected of him, and proceeded to do ii. He
put In q loyal" general freight agent who
also needed no instructions, but busted
hlnself at destroying his own and all the
Other coal roads by a system OF secret re-
mates ana rate cuttings. AS the other
Soads, one by one, descended toward bank
kupucy, Roebuek bought the comparatively
small blocks OF stock necessary to give
him control of them. When he had rover
over enough of them to establish a partial
monopoly of transportation in and out OF
the coal DISTRICTS, he was ready for his
lieutenant to attack the mining properties.
frobably his orders to Wilmot were moth
ang more efini or less innocent than:
sWilmot, my boy, don't you think you and
! and some others of our friends ought
20 buy some of those mines, If they come
on the market Mt q fair price? Let me
know when you hear of any attractive in
yestn1ents OF that sort"
Ihat would have been quite enough to
TIP II Off to Wflmot hat the tina had
some Tor reaching out from control of rail-
way to control of mine. He lost no time.
ne easily forced one mining property after
another into a position where its owners
Were giad-Were eageie-to sell all or part
Of the wreck Of it cat a fair price, to him
and Roebuck and ''our friends lit was
~ the result of one Of these
moves that the great Manasol,ale
mines were SO hemmed in by r,1ino,Is
freight rates, by strike troubles. by foods
Hrom broken machinery and mysteriously
eeaky dams, that L was able to buy them
81 a Fair price"-that Is. at less than one
nlth their value, But at the tine-and for
: long time afterward-I did not know, on
Wy Hohof9did not suspect, what was the
cause, the sole cause, of the change of the
coal region from a place of p]eacefrl in
3ustrY, content with fair profits, to an
industrial chaos with ruin impending.
Chee.the railways and mining companies
we're All on the verge of bankruptcy. Roe
DUCK and his friends, were ready to buy.
mere control Tor purposes OF speculation,
.as4 oMnersnlp FOR purposes of permi-
henl investment. This is what is known
as the re~organizing stage. The processes
" NE finance are very simple-frst. buy
Ms comparatively small holdings neces-
s@ry TO- create confusion and disaster:
second, create confusion and disaster.
onylhg up more and more wreckage; third,
reorganize: fourth, offer the new stocks
and bonds to the public With = mighty
piare OF trumpets which produces a boom
market; fifth, unload on the public. pass
o1Vldends, issue ~unfavorable statements.
dcpsess prices, buy back cheap what you
nave sold dear. Repeat ad infintum. for
she law Is for the laughter OF the strong,
liz LnS the pubic Is an eager ass. To keep
q Action OF "respectability,s' the in
eide ring divides into two .a nties for its
party to break down, the
ettler TO build Up. One takes the profits
from destruction and departs, perhaps to-
destroy elsewhere. AS their col.usion is
merely tacft, no conscience need witch.
must add that, at the time of which / am
IN NOT rnn oI0o a. L
ehis conspiracy. i knew, Of course. that
many lawless and savage things were
none, that there were rascals among the
nigh tnanciers, and that almost all finan-
cicTs now and then did things that were
more or less rtscaily: but I did not know.
Gad nor suspect, that high finance was
and through b~rigandage. and that
the high financier, BY long ana unmolestedl
practice OF hrigandage, had come to look
on rs as legitimate, awful business aid
laws ~forbtdding or hampering it as
outrageous. socialistic, anarchistic. ..at-
tacks Upon the social orasr..'s
4 was sufficiently infected with the snlrit
the hi1ancier, / frankly confess 70 loa:.
~ sie PUBIC as q sort of COW to milk and
senaRout 70 grass that 1t might get ITSELF
ready 70 be driven in and MIXED AGAIN.
does not ME cow produce milk not for hnr
oWll Use but for the use OF him who looks
aIter her, provides her with pastnragc and
sheifer and saves her from the ~cala,nities
which her lack of foresight ana Of o;her
lA~leiagsnee would Involve her. were she
after2 And is not the facf thatl
the pIblic--beg pardon, the cow-fneokly
IND evenly. checrfully submits to the BLK
ltfg proof thar God intended herxtn Ia the.
of the fredericksburg pardon
a8ainsof man?
Plausible, Isn't III?
ehn 2 given me the impression