Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-08-10

10 pl0Ceo, ptdu6 Dy plank, ana went IN
to hold an examination of their own.
There was sound as of loud revelry
by night-a sound like the splintering
Of wooden ships, like the dashing and
smashing Of heavy breakers upon Il
cliff bound shore, like the voices from
the bottomless pit Of the damned and
double damned, and then the yawning
| and jagged black ordHce, which had
once been the front OF the building.
spewed out Tim McCorkle. with a
bloody nose and piece Of plank In
each hand. Close behind him came
Alec Dougalbobber with ragged right
ear. Ralph Dougalbobber, with his
eastern style derby jammed down over
his eyes, and Frank Dougalbobber,
who was wildly wondering whether he
had his four missing teeth inside or
out With these came the six hired
wallpapers, each one now a wallopee,
and the whole Office force" struck for
the railroad track and headed due
southeast, followed by about all that
was left OF the rock ballasting Of that
poverty stricken railroad. Pursued
and pursuers alike, the gathering dark
ness swallowed them up. and Dougal-
vile, quickly apprised Of the incident
and all Of it lying quite close enough
to the railroad track to gather and see
poetic justice so fully wrought, laugh
ed itself hoarse. 1t was long since It
had been so jolly.
Somebody stopped laughing by and
by and began to think, then nudged Il
neighbor and made him think, and the
laugh died down. Was it possible that
there was anything the matter with
the Kimbely mine? Had anybody polk
ed finger into the works and made it
cease to tick? Couldn't it ever be
wound up and started going again?
Wallingford asked and answered the
same questions for the benefit OF
Blackie as they walked up to the port
able Office.
"They're q set Of the coarSest graft
ers ever saw" Wallingford concluded
as he produced portable bottle in the
shelter of his place of business. ITS
their very coarseness, l guess, that
let's 'em get across. I'm onto their
game, though. I'm ashamed Of myself,
BIackie, but the very rawness Of their
play got me at first, the same as it got
you They don't care whether there's
pay ore in sight or not. They're play
ing on the big odds that 90 per cent OF
all mines are fivvers anyhow. They
incorporate, take up all the stock
themselves and start digging at the
same time they start selling shares.
They get out as big mountain of ore
as possible, SO that they can point to
an immense output, never stopping to
find out whether there's enough iron
in the ore to pay for the reduction.
on and dig another hole in the ground
and send their saucy brother Ralph
out east to lift the pocket change of
green goods and gold brick men and
wise g1nks who used to be in the same
business. In the meantime, if a man
comes into their camp who was ever
| in another one Of theirs, they slug his
head off to keep him from making
foolish remarks II ever get within
gunshot of any mine they've started
and find 1t out before they do I'm
| going to lose fifteen pounds Of embon-
| point in the first fifteen miles,"
Fancy and effective" approved
Blackie, "but what would they do II
they struck real mine?"
That's where the brains filter
through" replied Wallingford soberly.
''They organize two companies, mine
company and an operating company.
The operating company is to furnish
all the expense Of mining. The first Z
per cent Of profits, If there are any.
goes to the mine company-that's the
one you bought stock in, you gink!--
the second per cent goes TO- the OPP
Grating company; profits above that
are divided equally between the two
companies, but you can gamble upon
it there never would be above Il per
| cent, If they cleaned up million a
minute, because the balance would be
eaten up in fancy salaries. They sold
me some Of the stock in the operating
company. I control 400 shares out of
! 1000. found out something they
didn't know. I had quiet assays made
by three different chemists, and the
field is rich. It's worth millions, /
think. thought 1 was in good with
my own stock until saw clause in
the contract between the two COM
panies that set me guessing. The kim
belly Operating company can sublet its
contract at any price it chooses to
whomsoever it chooses. Tomorrow is
q stockholders meeting. Any time be-
tween now and that meeting they
might have received wire from the
smelling company telling them how
good thing they had. In that case
their first action In that meeting. with
their sol shares, would have been to
sublet the contract to themselves at
$1,000 a year; so 1 arranged for them
to be out Of town"
J ut was the best arranged exit ever
saw" admitted Blackie. 1.-The Hippo
drome could do it no better. But what
can you do in that meeting? If they
have one half the stock they'll have
over half the profits even if they never
come back. They can send messen-
ger boy for the money"
They'll get $5O1 every Fourth Of
July" stated Wallingford savagely,
'.for in the meeting tomorrow I intend
to sublet that contract at 81 900 year
to J. Rufus Wallingford & Co., the
company consisting Of all the stock
holders who are. present. I'm glad
you're here. Blacllie. shall need you