The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1910-01-27

oevn you're drIvlng at
"Look here" said Newmark, abrupt
~ changing the subject. you know
that rapids up river fanked by shall
lows. where the logs are always going
aground?"
81 do"
"Well. why wouldn't 1t help to put a
string of piers down both sides. with
booms between them to hold the logs
In the deeper water?"
"It would" said Orde.
"Why isn't it done. thenw
"Who would do it?" countered Orde.
''If DAILY did it. for instance, then all
the rest of the drivers would get the
advantage of it for nothing"
"Get them to pay their share"
Orde grinned. I'D like to see you
get any three men to agree to any
thing on this river
"How many firms drive logs on this
stream"
''Ten," replied Orde without hesita-
ton.
"HOw many do they employ?"
"About 500 men,"
"Now, suppose" -Newmark leaned
forward-''suppose a firm should be
organized to drive all the logs on the
river Suppose it improved the river
with piers and dams. so that the driv-
ing would be easier. Couldn't it drive
with less than 500 men and save mon
ey?
at might" agreed Orde.
eff such a firm should be organized
to drive the logs for these ten firms at
so much thousand. do you suppose ii
would get the business?"
"It would depend on the driving
firm" said Orde. You see. mill men
have got to have their logs. The!
rant afford to take chances. 1t woult
not pay"
''Then that's all right" agreed New
mark, with CLEAN of satisfaction
across his thin face. Would yol
form partnership with me havin:
such an object in views"
Orde laughed.
Il guess you don't realize the situa
tion." said he. Wed have to have :
few little things like distributin.
booms and tugs and lot of tools ant
supplies and works of various kinds"
well. we'd get them"
"HOw much are you WORTH" Ord
inquired bluntly.
1ol1
much capital would we have to have?
asked Newmark.
Orde thought for several minutes.
1--WE would need somewhere nea
$75.OOO." he estimated at last.
That's easy" cried Newmark
"We'll make a stock company-sa,
100000 shares. Well keep just enough
between us to control the company
say $1,000. I'll put in my pile. and yO,
can pay for yours out of the earnings
of the company"
"That doesn't sound fair"
"Yol pay interest" explained New
mark. Then we'll sell the rest Of thu
stock to raise the rest of the money"
81 must have something to live on.
said Orde thoughtfully at last.
$50 must l." said Newmark. wei
have to pay ourselves salaries. o.
course, but the smaller the better a
first. You'll have to take charge of tn,
men and the work and all the rest o
1t. don't know anything about that
III attend TO the Incorporating and tn
routine. and I'll try to place the stock
You'll have to see first Of all whethe
you can get contracts from the logging
firms to drive the logs"
How can tell what to charg,
them?'
"We'll have to figure that very close
~. You know where these differen
drives would start from and how Ion:
each of them would take?"
"Oh. yes
"Well. then we'll figure how man.
days driving there is for each. ant
how many men there are, and what i
have to figure as near as We can to th'
actual cost and then add a margin 70
profit and for interest on our invest
ment."
Amanda now announced dinner.
Newmark looked puzzled and as b,
arose glanced surreptitiously at hi
watch. Orde seemed 10 take the sum
mons as one to be expected. however
In fact. the strange hour was tn
usual Sunday custom in the Reddin:
Of that day and had to do with tn,
late church freedom of Amanda ant
her like.
"Come in and eat with u.s." invite,
Orde.
But Newmark declined.
'COme up tomorrow night, then. a
half past for supper" Orde urge,
him. I'VE can figure on these thing
a little.''
"A &n$7eSS~