Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-10-13

De. 1 Oh We Elheu uti oit iithiHo anu
I'm giving her another Right now
she's figuring ways and means OF
avoiding all her old friends. She'll
never place herself in the position OF
being pted bye her set. OF being pat
ronized. of being the recipient of
favors she can't repay. She knows
her set-knows that money is king,
and that those who cannot hold their
place In the race must fall behind
and be forgotten. My boy. q change
of fortune is going TO make that girl
do some solid. constructive thinking"
.Stil do not quite follow you"
I'm not surprised. Where Roberta
is concerned you do not think very
clearly. Now. listen to me, my boy.
Roberta's going down to Texas to look
after her interests. She didn't want
to go II she could avoid 1t. but now
she's beginning to think 1t is her duty
to go. She must be on the job to
protect every dollar coming to her
from Tom Antrim's estate. She's the
Little Mother now. Got to take care
OF poor Uncle Bill Latham, or else
poor old Uncle Bill will never raise
his head again. I'm going to give you
4 chance to be hero. to put Roberta
under obligation to you. Tonight, al
dinner, this sad story I've just told
you is going to come out. You're go
Ing to suspect something and start
probing me-and when you discover
all Ii over you're going to suggest
saving me-"
Howl"
Crooked Bill rubbed his hands to-
gether and smiled coyote smile.
you're going to tell me that this rise
Is, undoubtedly, one OF the greatest
bull movements ever noted In the mar
ket. but that from sources of informa-
ton you cannot, In honor. divulge,
you happen to know that the bears
aren't licked, that they have the bulls
In a tight corner and that securities
are due to crash. Then you rawhide
me for not coming to you with my
troubles when the going got slippery.
You tell me / was a tarnation old
fool for not doing SO; that If | could
only have held on a little bit longer
the tide would have turned and that
you would have been delighted to have
loaned me million to carry me over.
Sabe thatT'
Yes, sir. Then whatg'
"Why, I'll be overcome with emo
ton and say. Glenn, you ought to
know I'd be the last man in the world
to suggest loan from you, of all
men--under the circumstances And
TIL give Bobby a look that will be-
well, significant. She'll be grateful to
me for not having placed her in posi-
ton OF having to be grateful to you
for helping me. But at the same time
she'll be grateful to you for suggest
Ing 1t. Well, I'll tell you It's too late
now, that the fats In the fire, and
you jump up and yell that 1t isn't.
"You prance up and down the dining
room, thinking hard. Act like a
movie actor. Show Roberta, who will
be watching you fascinated, that in an
emergency nobody need look beyond
you. Prove to her you are a strong
mana quick thinking, bold, adven-
turous, brave fellow, but be careful to
ignore her completely. Then out with
your plan to save the old homestead
and the family fortune"
THE PLAN" Glen Hackett demanded
''the plan"
Crooked Bits old eyes fairly popped
with delight at the part he was play
Ing. when / first jumped into tht
market, Glenn. | sold twenty-five hun
dred of certain stock short. Then tn,
stock started up grade. SO | sold out
took my loss, and-immediately bough
double the amount | had sold, ant
spread 1t as thin as | could on mar
gin"
Excellent strategy"
"Well, then, your plan will be Il
suggest that now, with the stock at 1T
peak price, the obvious thing for m,
to do Is to sell five thousand share.
or even ten thousand. You'll put III
the margin for me. Assure me Their.
Is no risk, that the stock will drop [
hundred points within sixty days
You can cite any number Of stocks
that have dropped that much--Some o
them In a week. Here Is a list to re
fresh your memory. Remind me tina
for a while during the postwar PAM
Liberty bonds sold away below par
Advise me to make the gamble AM
assure me | will not be called upol
for any more margin, that the pric
OF my stock has now reached a poin
that is unhealthy, wildly speculative
not backed up by assets. Pretty 500
1t will begin to slide, and when 1t ha
slid far enough all | have to do
sell out my line, clean up and be bac
where l started, less the sums ! ow
you. Point out that by this metho
OF procedure | can, at least, get hac
a million dollars, but Insist that whe
/ do you must have my solemn wor
of honor never. never, never to do an
more stock gambling"
How will you receive this philal
thropic offer, Mr. Latham?'
u shall be overcome again at tn