The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-08

HiuiHg Ine S'.'i npten ;tppNfs . .
timber on each section. was sending
money 10 his relatives in the West and
ordering the purchase Of NOR. timber
licenses frcm the Canadian government
IL" suggests a partnership with a cap.tai
NJ $4,000. he to furnish the money And
take two-ffths NJ the profits.
81 believe" he IL quoted as writing en-
Enthusiastically. I'VE ought to double our
money at least once in two months. II
Percy should be fortunate cnouR to So
cure twenty more and ! could sell ten
down here that I know Of. this would en-
able me to put not only 10000 but
possibly $1,000 into the Arm"
Partnership Formed.
Next he suggests opening all office in
Victoria. cruising land selling the
tiinhrr licenses. "Thcn I will write AN
"a advertisement for you for one Of the
great magazines in June, and ] think YOU
can sell limits Oicenscs) like hot cakes"
by April. 1907. DR.. Hills was seeking
100 sections in all. writing Il think I
could sell all Of them down here through
MIR. Wisner.' Mr.. Ferguson say tho Mr..
Wisncr mentioned us now serving a
term in the Federal prison AT Atlanta"
Further along Or. Hills Is quoted AS
| writing to Percy "If YOU and Harry
hustle there is nc reason why YOU should
not make $4,000 apiece next year.
The partnership Of W. \. Hills q Sons
! was formed. according to MIR. Ferguson,
and the men in the West were directed
to keep going day and light for Or.
Hills wrote THE important thing IL TO
have land to sell. II We can find fifty
moro sections before July /. | think We
can sell them all
by May Dr. Hills. according to tn.
letters. had taken thirty-one claims for
= friends and was anxious for the company
TO have $4,000 In bank. incidentally.
Dr. Hills Mas thinking of getting n pulp
wood concession and was planning To
start a shingle mill and was asking for
the law covering coal lands. He had.
one letter says. Interested his brother-in-
! law. Ernest II. Patrick, IN the prospect
OF profits in timber.
The prospect Of profits out OF copper
I. also appealed to l'r. Hills. II TIE copies
OF his alleged letters are correct. But
! timber licenses had the swing. for pr
Hills wrote that "~eycvything in Wash
!ugton seems to show that the President
will recommend the taking of OF tn
duty" on timber This ought 10 ado
81 a thousand" he wrote.
In September, 1907. tho o~pportunit!
: TO dispose of the timbcr licenses was stll
bright. But by October. Just about TN
time the panic OF 1907 WAS at its height
money was getting tight for DR.. INN!
and he was asking that the cruising
be rushed on more sections so they cou!t
be delivered to customers. lie wrot'
to his nephew II think We had bette
clear Off the thirty-two Clayquot sec
,ions. II that gives US 10000 prof
we can then pay W everything and have
our sections clear and have something
for the coal land proposition"
Eyes ON Europe.
pr. Hills. the alleged letters show
was thinking OF expanding to Englau,
and Belgium. Harrison Angle was plan
ming to invad England and Wisne
already was in Belgium. He write
during the panic Of 1907. you will Sc
from MI. Wisner's letter that thing
are not in bad shape in London, HOLLAND
and Belgium"
Further along he wrote To Percy 81
is perfectly evident that you and ] mus
at once enlarge our plans lie wrot
of opening a New York Office with
staff >of agents throughout the Eas
and with European representatives"
Mr.. Ferguson presents a summary q
Or. Uiilis's operations in l9OI-the yea
that his ventures yielded a big profit an
are Stlu 10 nave encouraged MIN I
branch out extensively. Mr.. Ferguso
says that Dr. Hills. starting with
capital of $1,000. obtained $4,000 acre
and by profits derived from the sale q
part OF his timber licenses TO relatives
ministerial friends. parishioners an
other parties. he was able during tn
year to acquire 100 other timber license
representing about $1,000 acres NJ
Ferguson says he sold eighty licenses /
all to friends.
DR.. Hillis's relatives in the West 500
began to quarrel with him.. = aging he ha
made all the profit. DIR. Hills In repi
wrote: 1T seems hopeless for relative
to try to 10 anything in business"
The partnership was dissolved, but d
, Hills formed "A new one with Percy HI
lis, called the Percy u. Hills Loggin
Company. He sold $4,000 ctock
: Harmsworth, Burton and Leigh Hun
Harmsworth and Burton. according ,
Ferguson. and according to a letter wriI
ten by Burton, invested on the assuraro
that within twelve months from Jan,
v AIRY the capital and a substantial prot
!, besides will he returned out OF III
profits
q Hut the logging company was NJ
successful and Observation-Disclosures d'
a yeloped between DIR. Hills and Burton
Percy Hills was sent to London
y, stralgh;cn out affairs, but in vain. -
I, Hills said he was sending Percy
y make an explanation for himself. Pcrc
=, said he was sent By his uncle 10 clcf
away the troubles. Then. according
' Mr.. Ferguson. Dr. Hills dictated a lett,
for Percy to sign. the letter going
y Burton, In that letter Percy !s quote
as saying ,thc words are supposed
be pr. H.llis's) - THINK YOU made
y big mistake. In deciding that you Ia
, picked ms unclc's brains of all that
T. kEev and that the time had come 4
- You Ia SCOOP everything. He has ju
u remarked t. me that the next time
N choices a friend he will pick one wi
is no. entirely surrounded h" butch
knives
~ The biggest enterprise DR.. Hills n
tempted, i is alleged. was the purcha
OF The Graham Island co1l and timb
~ lands. lie had planned 20 get cOntr
~ Of those properties and amalgamato the
% with the timber licenses he had pu
N chased and form "a company. He o
re- tained an option on the Graham Islal
n properties by the payment 81 $500
- The total cost WAS to be $500. 900, pa
able In instruments. DR.. Hills put 50
IN 500 into the property. but was nab
10 according n Mr.. Ferguson. TO meet I
20 payments, End finally sought to sell I
" | property ~ James A. Moore Of I