The Idaho Springs siftings-news., 1910-07-16

Of attacking the franchise or the cardinal. and
any way the deed done. All wondered what
he would do
They didn't wonder long. As fast as q rail.
road king can get over the rails Joe Dale came
to LacedaemOn. He almost literally threw tho
Daily Planet OF its office windows. murdered 1t
and jumped Its corpse. He fred Pat O'Brien
from the presidency with force and arms. 1t would
have been tragic II everybody had not been grin.
ming at Dae's futile wrath. As 1t was the only
satisfaction the irate railroad king got out Of It
was to tell few party leaders who besought
him to continue the paper or sell, that he would
let the Western Associated press franchise ex
pire rather than see another fool paper like
that In Lacedaemon. Even this small satisfac-
ton was lessened when Pollock insisted on his
salary being continued to the end of an iron-clad
fouryear contract. Mr.. Dale went back to New
York with new ideas about city bosses and their
ways.
The episode for 1t was only episode in the
life of busy Lacedaemon almost forgot
ten. The cardinal had shown Joe. Dale that he
was boss of the town. Joe Dale had chopped OF
the cardinals presidential head In retaliation
John Dale continued his business friend and GUS
toner, and the whole affair was dismissed from
the cardinals busy mind as closed. with honors
But Joe Dale was not through with Pat
O'Brien 1t is a railroad kings prerogative to
punish, as well as to reward, and Tor the punish
ment of O'I3rien. Dale laid trap the effective
ness of which lay entirely in its simplicity.
Came John Dale day to the cardinal and
said pat / have private tip that big kill
ing is coming on in Nipper stock. Buy me ten
thousand at the market and hold on until
tell you to let CO."
"All right" said the cardinal. and bought an.
other ten thousand well for his own account
Nipper advanced a point. He called In a few
chosen friends who formed pool and invested
heavily. Nipper advanced two points. five points.
Pat bought more; he would pull out when John
Dale did and retire from active business with his
profits
John Dale himself had gone to New York on
the day he gave his order to O'Brien. Within
day Nipper began to sag. Then 1t dropped below
the buying point The pool put up more mar.
gins. The stock still dropped. swiftly now. and
the other members of the pool became alarmed.
Pat reassured them. They're shaking out the
small blocks Of Stock he said. Then you'll see
her skyrocket.
Nipper continued to toboggan. Pats friends
were seriously concerned. They talked OF sell
ing and pocketing their losses. but he showed
them his hand. Look here" he said. John Dale
is in this thing up to his neck and we know where
he gets his private tips. Here's what he
has on my books alone. AS long he holds on
and keeps up his margins. I'm satisfied" His
friends knew the cardinal; they knew he. too.
was up to his neck" they held on.
Suddenly Nipper went down like mercury in
blizzard weather. The friends wildly
alarmed. They insisted that John Dale giving
Dick the double cross" Though he did not be-
lieve 1t. he wired to New York for special and
private investigation Of John Dae's movements
there And after little delay tidngs came that
made the poolsharers very sick men. John Dale
had gone to New York. had a short talk with his
father, then gone straightway to his broker and
sold short ten thousand Nipper at the market. The
profits the sale the stock went down would
pay his losses on the Lacedaemon purchase.
Meanwhile Joe Dale would to 1t that Nipper
did go down until Pat OBrien utterly
swamped.
OF course the pool made haste to sell out John
Dales private tip had been . prophecy. killing
had been made and O'Brien and his friends
the slaughtered ones. when the debris was nnal-
ly swept up the cardinal. who had plunged fierce
~ on his own private account. found himself poor.
er BY some $760.000 1t had cost him that much
to disobey the mandate OF . railroad king. But
he still owns LAcedasmon.