New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-03
OUR "CILDED LIARS"
RUIN REALTY MAN
F. Cakes LathrOp Driven
from Broadway Once to
Salvation Army Hotel.
WOULD QUIT CITY,
BUT IS PENNlLESS
Misfortune's Victim WlsfleS 10
Go to Mississippi and work
on Poultry Ranch.

The big fellows" in real estate areh
the only ones vino are feeling the pinoh
OF the times. They make more noise
however, than the little fellows WV"
thoy come crashing down. as the $-o'-
10000 New York Real Estate Security
Company did last week This iact ~
illustrated by one broker who was III
business for himself and has finally pe'il
engulfed by wave after wave OF mis-
fortune.
F. cakes Lathrop is his name. tnul
three weeks ago he occupied an once al
No. l547 Broadway. To-day he Is hnd-
ing shelter at the Salvation Army ttote'
on the Bowery until ticket 10 MIS-
sissippi somehow falls into his waiting
hands
There is a man by the name OF \. /.
Thompson in Mississippi. ten miles from
the little town of Hazlehurst. who is Will
ing TO give Mr.. Gathrop a home for the
rest of his life Mr.. Lathrop is seventy
one years of age but few would have
guessed il if he hadn't been missing
meals pretty regularly for the last couple
of months That process has weakened
his naturally strong constitution A MT
but he still has a good, husky hold on
existence.
Besides being interested In real estate
Mr.. Lathrop is somewhat OF a duck
fancier lie has had dealings IN the poul-
try line with the man down South ana
now that the failure OF his business mere
has lett him penniless, he wants 10 30
there and help Mr.. Thompson on ms
poultry ranch But II takes about 80
TO get there and - looks like fortune
just now 10 Mr.. Lathrop.
Il used 10 be I'm the real estate DUST
ness in Hartford" Mr. lathrop SAID yes
terday. Several years ago we sold
twenty farms in Connecticut to New
York people. and I thought that it would
be a good scheme 10 come among the
BUYERS. The other folks thought so, too.
II came and rented an Office. New
Workers are the biggest lot OF silded
liars on earth. one day my office would
be filled with people who told me they
were coming back the next day. But the
next day they would not come.
Little by little my money went Tor
advertising. for stationery, for rent.
Last November ! had three fine farms
I'm Connecticut t. sell one day a dapper
Young fellow from williamsburg dropped
into my ofce-said he was a real estate
agent and thought he could sell the
farms II | would give him the names.
IL lis unusual for one broker TO give ms
names to another. but was alone In
my Office and did not care 70 leave Il for
day or two to make the trip TO Ne"
London II I could help IT,
Il trusted him. That's been the
trouble all along-l'ye always trusted p'o-
pie. But only FOR a day. The next day
he didn't call UP AS he said he would
and I found that he had sent blank con-
tracts 90 the owners In Connecticut with
out a mention OF me. I wired them not
10 sell 20 him and took the train for
sew London. II was a stormy night
when | drove oJt TO one OF the farms
Since then | haven't been able TO do n
minutes work without fearful pains in
my eyes
But that was only one instance OF the
luck which has followed the AGED broker
since his arrival here. Last December
he gave 500 to help out some people IN
The Bronx and on the way back 10 his
room had his pockets picked Of his re-
naming $40, which he planned 70 tide him
over until he made a sale. Since mat
| month. he said yesterday. he had not
| made a single sale His landlady allowed
| him to stay until she got chance TO
rent his room FOR real money as he
expressed II. and then asked him 60 leave.
HIS case has been brought TO the at
tention Of "A charitable organization and
| II is likely that in few days Mr.. Lit
throp will be speeding away from the
civ which has treated him go III 10 the
country where he longs to he.