The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-02-19

Write IN the Spade. That's a labor OF
love. The s25 q week just keeps my
mother and myself"
KIRBY" said the old banker, 'if YOU
know SO much about how other PEG.
pie could make money. why don't you
make money for yourself?"
III I had any capital I'd make it fast
enough" was the reply.
You have capital; credit is CAPITAL
Uncle Joe declared.
20. I havef" exclaimed Kirby. with
9 touch OF sarcasm. Maybe I have q
with your 4
you have" said the banker. "You
are young, and. SO far as I know, hon.
est. You were born here. You and
your mother the home you live in
Q have no particularly bad habits.
o YORK regularly. Any young man
OF good reputation can have reasonable
credit from a bank If he has a rood
propositlon." 800
Does reasonable credit mean So. 900.
$1,000 or s15.ooo?" asked Kirby.
That depends" said the banker
What would you buy II you had the
money!" - ~
Uncle Joe,' said Kirby. "if tber, !.
any solid, safe investment in this town
ltss Wharf Company stock. II paws
- per cent. a months per cent. a
year. You've got a lot of it. I know.
" 1t wasn't good you wouldn't have Il
We been lambasting you people a long
time, and I'm going to lambaste YOU
Il while lot more. but that does no,
anect the security. It is ridiculous
the price the stock is selling at. WHY
It's dirt cheap. Am I right?"
Yes" said Uncle Joe.
Kirby did not ask any more ones.
lions. but fastened to a broker named
Pendleton.
How much Wharf stock have YOU
for sale?" he asked.
Fifty shares" was the answer.
The price?
lightweight and one-half.,
I'll buy It," said Kirby.
Pendleton, who knew Kirby had
nothing. inquired whom it was for.
Get the certificate, and come With
me to Uncle Joe's." Kirby replied.
Tn sorry" Kirby announced to
Uncle Joe a minute later, that I csxld
buy only fifty shares. If could have
picked UP 500 I would have done SOL
Then he drew a check for s4,42b. Uncle
q note was prepared for Kirby 10 sign.
The Office Of the Wharf Company was
nearby, and a new certificate being
made out to Kirby. this was attached
to the note. Kirby was about to sign
the note when he happened to observe
the rate Of interest.
Say. Uncle joe" he protested. This
note Is made out for 8 per cent. No
s per cent. goes with me. The stock
pays 6 per cent. If you want to do
this thing in hrst-class shape you'll
have to reduce the rate"
We'll, what rate would you like to
pay?" asked the banker.
Five is plenty"
Make it FIVE" said Uncle Joe to the
clerk. The clerk smiled. 1t was the
first time Uncle Joe had done such n
thing in many n day.
The next issue of the Spade had the
usual broadside at the Wharf Company
and the n~illionaires. The day after the
paper came out Kirby had to go to the
Wharf Company Office to collect the
monthly dividend on his stock. That
SIS appeared to him to be mighty good
money. and he celebrated by buying for
his mother something she had wished
for q long time.
For several weeks Kirby continued
his campaign in tho Spade, and then
gradually he began to lose interest in
his old line of attack. Instead he sug-
gested a new one. The savings banks
paid only 4 per cent, he pointed out.
They were not safer than was the
Wharf Company. whieh paid 6, the
shares OF which sold below par. There
was no better investment. The shares
could be purchased in lots OF one, five,
ten or more. II the shares were we'll
distributed there would be no more Jug
Cling with the property. The more cit
liens owned the stock, the less would
be the Injustice done by the trick at
the time the company made its deal for
the city property.
When Kirby came to draw his second
dividend he felt an air OF proprietor
ship In the Wharf Company thai made
him smile at his own conceit. After
getting his check he chatted for n few
moments with the general manager. and
just as, he was departing he inquired
casually as to the receipts of the COM
pany for the month. he was delighted
when informed they were the best for
any month in the history OF the com.
pany. That afternoon he wrote q
glowing article for tho Star about the
splendid business the Wharf Company
was doing. He wrote one in the Same
spirit for the Spade. He was begin
ming to look upon things with optimis.
tic eyes, and he p%rophesied that If Tie
Atlantic & Mississippi blockade wag
raised the town would have a boom tia,
would gladden. the hearts Of every.
ody Nothing kept the road out but
the prohibitive price put upon the land
held by the syndicate and needed bv
the company for terminals and wharf
age, no argued. This was somewhat
different from the slashing, singing
style IN which he had handled the sub
ject a few months before. Uncon-
sciously he was being weancd from,
radicclism.
Kirby had collected three or four div
idends when ono day he walked into
the bank and said to the owner: .JJncle
Joe. II you have no objection I'll take
UP that note OF mine. I've given or.
ders to Pendlcton to sell those nifty
shares. Wharf stock sold yesterday at
100 1-o to 10l. I'm willing to lot mine
go at Il bit Of n sacrifice, as 1 need
! money for q particular purpose; SO