Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-06-02
Illustrations
olr.sin...
out Of the situation.

out Of the situation.
The difficulties were those which are
apt to confront small and local enter
prise when 1t Is so unfortunate as to
get in the way Of larger undertakings.
Colonel Baldwin, and a group Of his
neighbors on the north side OF the
siver, were reformed cattlemen and
horse breeders. Instead Of drifting
farther west in advance Of the incom-
ing tide of population following the
:oming of the railroad, they had
availed themselves Of their homestead
rights and had taken up much OF, the
grass land in the favorable valleys, ir-
rigating It at first with water taken
out of the river in private or neighbor-
hood bitches.
Later on came the sheep-feeding
period. and after that the utilization
Of larger crop.raising areas. The small
bitches proving inadequate for these,
Colonel Baldwin had formed stock
company among his neighbors in the
grass lands and his friends in Brewster
for the building Of substantial dam
In the eastern hills. The project had
seemed simple enough In the beginning.
The stock was sold for cash and each
stockholder would be a participating
user Of the water. Williams, who had
been United States reclamation man
before he came to the Timanyoni, had
made careful estimates, and the stock
subscription provided money enough
to cover the cost Of the dam and the
main ditch.
After some little bargaining, the
dam site and the overflow land for the
reservoir lake had been secured, and
the work was begun. Out ola clear
sky, however, came trouble and harassr
ment. Alien holders Of mining claims
In the reservoir area turned up and
demanded damages. Some few home
steaders who had promised to sign
quitclaims changed their minds and
sued for relief, and after the work was
well under way it appeared that there
was cloud on the title Of the dam site
itself. AL Of these clashings were car
RED into court, and the rancher pro-
moters found themselves confronting
invisible enemies and obstacle-raisers
at every turn.
The legal fight, as they soon found
out, cost much money in every phase
Of It; and nov, when the dam was
scarcely more than half completed, q
practically empty treasury was star
ing them in the face. There was no
Disgusting the fact that crisis was
approaching. a financial crisis which
no one among the amateur promoters
was big enough to cope with.
Z "We've got to 30 in deeper, colonel;
there IL nothing else to do" was the
engineers summing up Of the matter at
the close Of the conference. .'The snow
ID melting pretty rapidly on the range
now, and when we get the June rise
wen stand to lose everything we have
II We can't keep every wheel turning
to get ready for the high water"
Baldwin was holding his cigar be-
tween his fingers and scowling at 1t as
IL 1t had MORALLY offended him.
Assessments on the stock. you
mean?" he said. aTm afraid our crowd
won't stand for that. A good part Of 1t
Is ready to lie down in the harness
right now" o
Glow about Z bond issuef" asked
the engineer.
''what do we, or any Of US, know
ohc.k ho,~A S~~ua~4-s Wh~ ~n knoyW
barely enough about the business at
the start to chip In together and buy us
q charter and 60 to work on q plan
little bit bigger than the neishborhood
ditch idea. You couldn't hoat bonds n
Tmanyoni Park, and we're none Of 10
foxy enough to 90 East and float 'em."
II guess that's right, too" admitted
Williams. 'Besides, with the stock
gone on the way It has, 1t would take
a mighty fine-haired financial sharp to
sell bonds"
'What's that!' demanded the presi-
dent. "who's been selling any stockY,
'Buck Gardner. for one; and that
man Boiling, up at the head Of Little
creek, for another. Maxwell, the rail-
road superintendent, told me about 1t,
and he says that the price offered, and
was thirty-nine."
"Dad burn q cuss with yellow
streak in himl" rasped the Missouri
colonel. I'VE had q fair and square
among ourselves that II any
tody got scared he was to give the rest
Of us chance to buy him out. Who
bought from these welshsrsf
'Maxwell didn't know that. He said
it was done through Kinzie's bank.
From what I've heard on the outside;
I'm inclined TO suspect that Crawford
was the buyer"
sstanton, the real-estate mani"
'.The same"
Go Be Continued)
Many stories are told Of a former
Canadian bishop who had passed his