Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1912-05-24
exercise a regulating action. At least
that's what I was told"

Conan Doyle seemed to be thinking
deeply for a moment and then he be-
gan:
Listen. Some years ago at Nice
met a young American, son of one
of those millionaire spectators, who
told me how his father made his for
tune. And it's a story shall never
forget.
1.-The old governor said this ycene
man, using the term for his father
common to the Anglo-Saxon races, the
old governor has had some pretty bad
times, all the same! In 1870, before
he was 80, he was almost ruined.
Everything went wrong. He had
a keen eye and was acute and far see.
ing, but for a whole year, just up to
this confounded month Of July, 1870
it seemed quite enough IL he had fin
ger in anything for it to go just the
way it shouldn't. One fine day, or
leaving the exchange in New York, ne
went to his partner and said:
""Jack, the game. is up and we've
lost"
1.-The partner calmly considered the
situation and 1t was decided that be.
fore accepting bankruptcy my father
should go to England as quickly as
possible and try to find over there
some financial support.
HE had been a good bit upset, the
old man, and his nerves were no long
er in the best shape, and he thought
little trip through Ireland would dc
him good before going on to London
And that's how, on July 13, 1870, ne
came to awake one morning in little
town in County Connaught.
1.-The large room Of the inn at
o'clock in the morning was already
crowded to excess with men in toI
boots, wearing spurs and carrying rid
ing whips, keen eyed men with ready
speech. Outside on the market place
and in the streets were horses, thou
sands and thousands Of horses, II
seemed. The governor unknowingly
had run into the greatest horse fair ir
Ireland.
". He could distinguish without
difficulty, by the way they gave theil
bids, the big buyers from London
those who took lots of SO or 100 at 6
time, making a price a head for the
whole lot. There was one buyer es
pecially, named Mulready. Of the firm
of Mulready & Barnes. who took of
horses in companies.
"'At first the auctioneer only offer
ed young animals, cobs and mares Of
2 or 8 years. and Mulready found ne
one to bid against him. Then it wa.
the turn Of horses already broken in
fine Irish trotters of or years old
Mulready, in accordance with his U.S.
ual practice, chose a lot Of 100 Of these
trotters, the pick Of the supply.
"I am offered 20 pounds a head fol
the lot, but all the lot must be taker
together" the auctioneer announced.
"'This made quite a sum and was
about what the horses were worth al
current prices so the other buyers
looked at one another and thought
"Mulready Is going to get his own way
again." When suddenly a voice
speaking English, but with a decided
German accent, broke in quietly:
twenty-five pounds"
"'"Excuse me?" queried the auc.
tioneer.
""I said 25 pounds"
""What name, please?" For no.
body knew the bidder. The latter re.
piled:
""Baumgarten, Of Berlin"
'Mulready, in an annoyed tone
then bid 26 pounds.
"'"Thirty!" said the stranger dry
ly.
Thirty -one!" from Mulready.
"' "Thirty-fve!"
"'The auctioneer looked at the un'
known with an expression Of doubt.
""Sir, please don't be annoyed al
my request, but as it's the first time
have had the honor of seeing you here
and as am obliged to make sure tina
your bids are serious I have to ask fol
a guarantee
""Here is a thousand pounds ir
bank notes." said Mr.. Baumgarten, Of
Berlin: "is that enough?"
"'The auctioneer signed a receipt
for this deposit and the bidding start.
ed again.
"Thirty-five pounds!" from Mr.
Baumgarten.
"' "Thirty-six!" from Mulready.
""Forty!" the foreigner continued
Everybody present was silent
1t was the first time any one there ha6
seen so fine a deal. Mulready was
staggered. At this price. when the
cost of transportation and keep fol
three or four months was added, he
could see no hope of a profit. But he
thought that it was clear that some
opposition was being set on foo
against his usual predominance, and
he resolved to crush it at any cost.
up to this point he had raised
his bids by only one pound at time
so, hoping to crush his opponent, he
called out:
"'"Fifty pounds!"
"'"Sixty!" came calmly from the
lips of the Berlin man.
'Mulready shrugged his shoulders
snapped his notebook and gave up the
fight Here my young American
friend paused.
II did not follow in the least" con.
tinued Conan Doyle, "the connection
between the horse-dealing fight ant
the subject in hand. and was thinking
that my young American had jumped
from one subject to another, when he
added:
1.-The governor, as soon as he wit.
messed the defeat Of Mulready, rushed
to the telegraph office and cabled hi:
partner in New York: Sell all French
and German securities you can. Sci
without hesitation on to-day's mark.
et."
land he gained millions. In fact
Aot la h &c nd