The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-11-11
Some PenniIess Immigrants
Who Have Made Millions
The Amazing American Roster Highly
Here Steerase

reduced To one wreck "A day. Within
a year he brought the property up t.
fair state of efficiency. Today tn,
Kansas city Southern is getting back
To what II was designated to he-a
real railroad
While busy with the Kansas city
southern. Sielcken found time to en-
gineer one OF the biggest deals in the
world. Brazil produces 50 per cent
Of the worlds supply of coffee. Most
Of the BRAZILIAN coffee is raised in the
state Of Sac Paulo and territory near
by. Brazil made so much money out
Of coffee for some years that the
planters thought there was no end
To- the worlds demand for the bean.
They increased their production 50
tremendously that they demoIalized
the market The price of coffee de-
clined to cents pound, hut stnl they
couldn't get rid of their stock Each
year the surplus was growing larger.
The coffee trade was threatened with
decentralization. Brazil, so far as its
coffee industry was concerned. faced
ruin.
About this time Sielcken conceived
a scheme whereby the world would
not get any more coffee than was
necessary to maintain prices at what
he thought was a proper level. His
scheme is known the world over as
the valorization plan. BY it the Bra
lillian government buys all the coffee
that Is produced in Brazil and regu-
lateS the production. The money for
financing the government; In this op-
Grafton was raised through the issue
of S15,GOo,O00 in bonds, which were
taken by English. German, French
Dutch and American bankers. Sielc-
ken has the marketing of all the coffee.
He Will not sell 60 coffee broker to
deciver on contract. All the coffee he
sells goods 10 the jobber or is shipped
abroad. lie decides how much coffee
the world is to have. He has saved
Brazil or rather the Brazilian coffee
raisers, from ruin. But the coffee
drinkers of the world pay the bill
As result Of his scheme coffee rose
from to Is cents a pound, when the
world had the largest amount of coffee
in its history. The law Of supply and
demand cuts no figure with Herman
Sielcken. He's above anything like
that.
When his partner Mr.. Crossman,
died, = was discovered that the two
men had a remarkable contract. EacN
man had made a will giving one M
lion dollars to the other. II was a sort
Of bet on which one would live ITO
longer. Mr.. Crossman died last Jan
uary and Mr. Sielcken got one million
dollars to add 10 his many other mill
lions. How much money he has no one
bul Sielcken knows. In New York h
lives at the Waldorf Astoria. He
bought the German estate known as
some years ago and has
made it a wonderland. He has one of
he largest rose gardens there is in
he world and probably raises more
orchids than any other one person on
he globe.
3. Story of Cudahy.
The immigrants who have become
Kings in America came from all parts
If Europe. Patrick Cudahy, who is
he head of one of the greatest of pork
Iackinc firms, comes from that part
# Ireland famous for it's fighting cats.
lie was born i'm Callan, County Kill |
Jenny, siNty-four years ago. They
lamed him Patrick because he was
,orn on 81. Patricks day. He came
lcrofs the ocean i'm a sailing vessel !
With ,,the rest of the Cudahy family. |
lis Gather had to work for a long time |
II New York as a common laborer |
Then the elder Cudahy went to Wau- |
yatosa, near Milwaukee. Wis. and |
tarted farming. one thing the father |
lid was To raise pigs, and when little |
Patsy quit school at twelve years of |
ge and took job i'm a Milwaukee |
grocery store at dollar week the |
ather told him he was a fool and that |
lc wasn't beginning right. BE a far
ner, my boy" he said, raise Digs, |
tick To pigs
Young Cudahy had no intention of |
icing 4 farmer. He ran errands for
he grocer for two years. The second |
ear he got two dollars a week. Then |
rigs and three dollars a week proved |
90 strong an attraction Tor him. He |
ook cob with the Roddls Packing |
company. The concern was not big !
me, and the boy did Il little Of every |
hing rom Strengthening hogs to keep |
ne books. He remained with the Rod
lis company for six years and then |
vent TO "A larger firm, with which he |
Tor four years. When he WAS |
wenty- -four he became superintendent !
# the slaughter house of Lyman n !
Vooley. He did so well for this con-
ern that he attracted the attention Of |
he Armours and was made superin- |
cudent Of the plant Of Plankington 4 |
\rmour at Milwaukee.
Up 10 the time he went with Ar
nour y" had not received more than /
1875 "A month. Within "a few years ne
vas the highest salaricd superintcnd-
mt in his line in America. He saved /
fair share of his money and bought
y small interest in the firm. In 1875
he main office was established in Chi
ago, hut Cudahy was left in charge of /
he Milwaukee plant. and when Plank /
a