wi HARD AT WORK TO THWART HIM. for dead and flees the state when mitted by Dunham. Several at a town in the Rocky mountains tion ditch construction camp. John Smith, in a more important | valuable property. retary of Baldwin's company. Dunham accuses Smith of dishon- Smith appears as a tramp and gets a laboring Job in an irriga- intelligence draws the attention ace, The ditch company is in hard CHAPTER VIili.—Continued. —— — “You followed?" queried Stanton. “Yes, and when I got there colonel was shut up in Williams’ of- fice with a fellow named Smith. When was saying: ‘That settles it, Smith; you've got to come over into’—I didn’t catch the name of the place—‘and help us." Again the gentleman with the sharp jaw took time for narrow-eyed reflec- tion. colonel to this fellow Smith for present, Shaw,” he decided, at length. “You look him up and do it quick.” The young man glanced up with =a faint warming of avarice in his sleepy eyes, —for expenses,” he suggested. “For graft, you mean” Stanton. Then he had it out with this second subordinate in crisp English. every crook and turn of you. than that, I know why you were fired out of Maxwell's office; you've got sticky fingers. That's all right with me up to a certain point, but beyond that point you get off. Understand?” Shaw made no answer In direct terms, but if his employer had been watching the heavy-lidded eyes, he might have seen in them the shadow plain dishonesty: a passing shadow of the fear that makes for treachery tion arises. he said, with fair enough lip-loyalty, and after he had rolled a fresh eciga- rette he went away to begin the min- ing operations which might promise to unearth Smith's record. It was ten o'clock when Shaw left the real-estate office in the Hophra House block. Half an hour earlier Smith had come to town with the colonel In the roadster, and the two had shut themselves up in the colonel's private room in the Timan- yoni Ditch company’s town office in the Barker bullding, which was two squares down the street from the Ho- phra house, Summoned promptly, Martin, the bookkeeper, had brought in his statements and balance sheets, “Try to Find Out About the Hobo.” and the new officer, who was as yet witout a title, had struck out his plo of campaign. “ ‘Amortization,’ is the word, colo nel,” was Smith's prompt verdict after he had gone over Martin's summaries, “The best way to get at it now is to wipe the slate clean and begin over again.” The ranchman president was chuck. ling soberly. “Once more you'll have to show me, John,” he sald. “We folks out here in the hills are not up In the Wall street crinkles.” “You don't know the word? It means to scrap the old machinery to make room for the new,” Smith ex- | plained. “In modern business it is the | process of extinguishing a corpora- i tion: closing it up and burying it in| another and bigger one, usually. That is what we must do with Timanyoni { Ditch.” “I'm getting you, a little at a time, said the colonel, taking his first lesson in high finance as a duck takes to the water, Then he added: “It won't take much of a lick to kill off the old com- | pany, in the shape it's got into now. How will you work 1t?" | Smith had the plan at his fingers’ | ends. With the daring of all the perils had come a fresh access of fighting fitness that made him feel as if he could cope with anything. “We must close up the company's | { affairs and then reorganize promptly | and, with just as little nolse as may { be, form another company-—which | will call Timanyon! High Line—and let it take over the old outfit, stock, i lHabllities and assets entire. You say | your present capital stock Is one hun- dred thousand dollars. This new com- | pany that I am speaking of will be | capitalized at, say, an even half mil- | lon. To the present holders of Timan- yonl Ditch we'll give the new stock for the old, share for share, with a {| bonus of twenty-five shares of the new stock for every twenty-five shares of | the old surrendered and exchanged. This will be practically giving the pres. ent shareholders two for ope. Will that satisfy them?” This time Colonel Dexter Baldwin's smile was grim, “You're just Juggling now, {and you know it. ” i we John, Out here on the woolly edge of things a dollar is just a plain fron dollar, and you can’t make { it two merely by calling it so” “Never you mind about that,” cut in | the new financier. “At two to one for the amortization of the old company we shall still have something like three hundred thousand dollars treas- ury stock upon which to realize for the new capital needed, and that will be | amply sufficient to complete the dam | and the ditches and to provide a fight- | ing fund. Now then, tell me this: how | near can we come to placing that! treasury stock right here In Timan- | yoni Park? It's up to us to keep this | thing in the family, so to speak; and | the moment we go into other markets we are getting over into the enemy's country. I'm not saying that the money couldn't be raised in New York; but if we should go there, the | trust would have an underhold on us, right from the start.” “I see,” sald the colonel, who was indeed seeing many things that his simple-hearted philosophy had never dreamed of ; and then he answered the direct question. “There is plenty of money right here in the Timanyenis.™ Smith nodded. He was getting his | second wind now, and the race prom- | ised to be a keen joy. “But they would have to be ‘shown,’ | i i i you think?" he suggested. “All right; | we'll proceed to show them. Now we | can come down to present necessities, We've got to keep the work golng— | and speed it up to the limit: we ought | to double Williams’ force at once—put | on a night shift to work by electric light.” The colonel blinked twice and swal- lowed hard. “Say, John,” he said, leaning across the table-desk; “you've sure got your nerve with you. Do you know our present bank balance is under five thousand dollars, and a good part of that Is owing to the cement people!” “Never mind; don't get nervous” was the reassuring rejoinder. “We are going to make it bigger in a few min. utes, I hope. Who Is your banker here?” “Dave Kinzie of the Brewster Clty National.” “Tell me a little something about Mr. Kinzie before we go down to see him; just brief him for me as a man, I mean.” The colonel was shaking his head slowly. “He's what you might call a twenty- ton optimist, Dave is; solid, a little slow and sure, but the biggest boomer in the West, If you can get him start- country and all that, But you can’t borrow money from him without secur- ity, If that's what you're aiming to do.” “Can't we?’ smiled the young man who knew banks and bankers, “Let's go and see, You may introduce me to Kinzie as your acting financial secre Now one more ques tion: What Is Kinzle's attitude toward Timanyoni Ditch?” “At first he was all kinds of friend- ly; he 18 a stockholder in a small way. But after a while he began to cool down a little, and now—well, I don’t know; I hate to think it of Dave, but I'm afraid he's leaning the other way, toward these Eastern fellows. He tried to cover Stanton’s tracks in the stock-buying from Gardner and Bol Hing" “That is natural, too,” sald Smith, whose point of view was always un- obscured In any battle of business. “The big company would be a better customer for the bank than your little I guess If you're the ’ that's all for the present dbwn and face Come on; I'll steer you right now that the steering is It was while they were crossing the street together that Mr. Crawford thickset, barrel-bodied man with wooden The men of the camps called the cripple “Peg- leg” or “Blue Pete” indifferently, though not to his face. For though the fat face was always relaxed in a good-natured smile, the crippled bristling mustache, and a sn- the knife. Stanton looked up from his desk step came in from the street, “Hello, Simms,” he greeting. “Want to sald, In curt gee me? Simms threw the brim of his soft hat up with a backhanded stroke and “It ain't worth while; and I gotta get back to eamp. I blew in to tell y'u there's a fella out there that needs th’ sandbag.” “Who is It? “Fella name’ Smith. He's showin’ ‘em to cut many corners pace-settin’, he calls it. First thing they know, they'll get the concrete up to where the high water won't bu'st It out.” Stanton's laugh was impatient, “Don't make any mistake gort, Simms.” he sald. “We don't want the dam destroyed; we'd work just as hard as they would to prevent that. All we want is to have other people think it's likely to go out—think It hard enough to keep them from put- ting up any more money. Let that go. Iz there any more fresh talk--among the men? little upon the underground wire-pull ing which had resulted in Simms on the ground as the keeper of the construction-camp canteen, y fairly original way of keeping a lis tening ear open for the camp gossip. “Little,” sald the cripple “This here blink-blank fella Smith's been tellin’ Williams that I ort to be run off th’ reservation; says th' booze puts the brake on for speed.” “So it does” ingly. “But while longer, how tO0 of that I guess you can stay ® I have a notion that that means to buck us. If he hasn't any backing—" The interruption was the hurried in- fingers, and for once In a way he was stirred out of his customary attitude “Smith and Colonel Baldwin are over yonder in Kinzle's private office” “Before they shut Smith as the new acting financial sec. retary of the Timanyoni Ditch com- pany I" CHAPTER IX. When Greek Meets Greek. Smith allowed himself ten brief sec- onds for a swift eye-measuring of the square-shouldered, stockily bullt man gitting in the chair of authority at the Brewster City National before he chose his line of attack. “We are not going to cut very deeply into your time this morning, Mr. Kin- zie,” he began when the eye-appralsal had given him his cue. “You know the history of Timanyonl Ditch up to the present, and-—well, to cut out the de- tails, there is to be a complete reor- ganization of the company on a new basis, and we are here to offer to take your personal allotment of the stock off your hands at par for cash. Colonel Baldwin has stipulated that his friends in the original deal must be protected, and" “Here, here—hold on” interrupted the bank president; “you're hifting it up a little bit too fast for me, Mr. Smith. Who are you, and whereabouts do you hold forth when you are at home?” Smith laughed easily. “If we were trying to borrow money of you, we might have to go into preliminaries and particulars, Mr. Kinzie. We are not alone in the fight for the water rights on the other side of the river, as you know, and until we are safely fortified we shall have to be prudently cautious. What we wait to know now is this: Will you let us protect you by taking your Timanyonl Ditch stock at par?’ know you yet, Mr. mith; but I | know Colonel Baldwin, here, and 1 guess I'll take a chance on things as they stand, I'll keep my stock.” The new secretary's smile was rather patronizing than grateful, “As you please, Mr, | course,” he sald smoothly. “But I'm | going to tell you frankly that you'll | keep it at your own risk, I am not | sure what plan will be adopted, but I assume it retirement company. old stock we know.” The banker pursed his lips until the stubbly gray mustache stood out stiffly, Then he cut straight to the heart of the matter. “You mean that there will be a ma- jority pool of the old stock, and that the pool will ignore those stockholders who don't come In?" “Something like that,” sald Smith pleasantly, And then: “We're going to be generously liberal, Mr. Kinzie; we are giving Colonel aldwin’s friends a falr chance to come in out of the wet, Of course, If they refuse to come in-—-Iif they prefer to out—"" Kinzie was smiling sourly. “You'll have to take care your own banker, won't you, Mr. Smith?” he asked. “Why don't you loosen up and tell a little more? What have you fellows got up your sleeve, anyway?” At this, the new financial manager slacked off on the hawser of secrecy a little—just a little, “Mr. Kinzie, we've got the thing, and the surest, that ever came Timanyoni Park; not in futures, mind you, but in facts already as good { us accomplished, If it were necessary — | as it isn’t—I could go to New York to- Kinzie, of * of the stock ef the original already have, stay of biggest to “We Are Not Going to Cut Deeply.” behind in twenty-four {day and put a million dollars our reorganization pian hours. You'd say so yourself if I were at liberty to explain. But ging and ing your Think matter ove stock me Kr it's to hurry you i 80, but time is precious with “You right man, and put a little i » of yo point whic again we're ne and r—gabout doled wast tir “iu the your and let | oon Pe rather eruel us an sit down there, of this rs against i g authoritatis hair y Smith had “You mustn't go off at hal way. You'll need a bank | business with, won't you?” Sm i n ¥ : i it Instead he | smiled genially and fired his final shot | “No, Mr. Kinzie; local bank—not as a matter of abso necessity, In fact, | counts 1 don't know but that it would | be better for us not to have one.” “Qt down,” insisted the bank presi dent «+ and this time he would take no denial. Baldwin, part of the silent listener letter-per fect. h did not sit down. we shan't need o lute some ac on trust you to the limit—on any proposi- tion that doesn’t ask for more than i How much Is this young friend of ours | talking through his hat?’ “Not any, whatever, Dave. He's got i | the gooda.” tity in his reply. got to have It plain with you. You two are asking That may be all right, but Timanyoni and maybe they don't. you're going to have more. I've" in smartly. The next instaliment describes a sharp clash between Stanton and Smith. The fight ceases to be merely a battle of wits and becomes deadly and desperate and bloody. (TO BE CONTINUED.) Roots Must Mave Room. The yield of cotton is dependent upon the number of flowers we are able to induce the plant to form, and root space is necessary to flowering. The cotton plant's normal rooting may occupy two square yards of earth, which is several times more than given it in practice, and the yleld may often be reduced by this fact as the roots must interlap caburg.—The National Bank $1,000 dividend, re pmmending that it go to the Red Cross Hazelton ~The ston post office has been cl avoid confusion has declared @a name of the Levi ’ two miles south of « ow ¢ 1 1 here ange to Junedale, to with Le A record is wistown, West Berwick remarkable school attendance that of Miss Alice Parr, missed a a student, who has not session n twelve years Selinsgrove. —The community hade an Impressive farewell to the 47 f the Un Ambulance men o Susquehanna versity init for the American Corps, when they entrained for Allen ’ town for training Norristown A { & of 25 eading citizens has been appointed t {. A select a site for a new Y. M building ading th ling A¥ rouge! After a thorougn ! invest! was fund that there has not registration gation it been a single slacker on served as {f Adam was killed little girls funeral o oid, who snnsylvania express train {iiiam Hampton, 70 workbench wool as been safeguard fs. 2°¥a Lal LE assed been t ang <6 ma the Kile ppinger Skippa x The nip rajeed the sal $50 to $60 for primary and from $60 to $65 for gram- mar schools Harrisburg —After killing more than 400 young chickens and several old on farms of Dr. J. R John Roth, Calvin Mar ne has teachers’ Skippack towns wh n schools, have a rie Forty aries rom grades turkeys the Wagner, fox n a night, the thief (a female gray with young ones) Was caught trap and killed by Marberger Reading. Adam Struck, 10 years companions on the Pennsyivania Rail road bridge over the Schuylkill gtruck by a train and hurled about 35 feet, off the bridge, suffering a broken neck and fractured sckull, from which he died Williamsport killed, two instantly, when a motor car driven by dore Nicholas, of Renovo, went a forty-foot embankment on the railroad track below tion to the driver the dead are: Four persons uncle, Melvin of Chicago, who was on a visit to Beaver Meadow ley Coal Company on the baseball grounds, Sunday games Hazelton. Alderman H. W. Helden reich is a candidate for Mayor of Hazelton. He was defeated four years ago by 33 votes by James A. Harvey. Carligle ~The resignation of George M. Briner, far 10 years principal of the Carlisle High School, is announced. Harrisburg ——QGardening experts at Pennsylvania State College will give a special six-weeks’ course in vege- table growing, in connection with the regular summer school. Myerstown.—For 34 years treasurer of the Women's Missionary Society of the United Brethren Church, Mrs, Isanc B. Hank was presented with a allver service, Reading. ~<Rev. W. F. Teel preached the baccalaureate sermon for the grad. wating class of Sehuylkill Seminary. has posted signs forbidding -— 10 BE ANNDUNGED Machinery for Enrolling Big Army Complete By July 1. EXEMPTION REGULATIONS Brigadier-General Crowder Foresees No More Complication Than Was Experienced With Registration. 9,649,938 MEN ENROLL FOR COUNTRY'S SERVICE. Washington.—War registration returns, virtually completed by re- ports from Wyoming and Ken- tucky, show 9,649,938 men between the ages of twenty-one and thirty years, inclusive, have been enroll. ed for the country's service in addition to the regularly tabu- ated total, 6,001 Indians were en rolied by State officials, or on reservations by Interior Depart ment agents Counting the 600,000 or more men in the Federal service and not required to register, the provost marshal-general’s office said Census Bureau estimate of 10,275. 604 eligibles was approximately correct, and that few slackers are fo be sought the selection machinery than was exper registration Secretary advisers assurances that ¢ ii be so fal » ground for fea farored by relations rhood knowledg x and his depen task of sending tc an be spared 3 TWO SUFFRAGISTS ARRESTED Police Take Misses Burns and Morey At Washington owing two riots, Major of Police ARainst tiing flaunt banners the White House after issuance of the orders three patrolmen and two policewomen, trying peaceful to dissuade Miss Lucy Burns, militant leader and Miss Catheiias Morey, of Boston, from unfurling a big vellow banner before the White House gates, arrested them and took them to headquarters liman, Superintendent {me + rd ara ro gtrict orders permi militants to their to stand before Shortly after 1y TESTS SUBMARINE CHASER. Satisfactory Results First Patrol Boat. From Trial Of Washington Preliminary reports from the New York Navy Yard on | trials of the first of the 110-foot sub. marine chasers show satisfactory gults in every respect. The hull was | completed in a few weeks’ time and the boat already has weathered her first test without developing any defects, An unusually savere series of tests will be given the little craft and her performance will govern largely the design of the hundreds of similar boats to be built re TO INQUIRE INTO COAL COST. Senate Committee Will Also Take Up Various Metals, Washington Inquiry into produce tion, prices and transportation of coal, steel, copper and other basic materials which Covernment supervigion may be proposed during the war was decided upon by the Senate Interstate Commerce Committee. Coal will be the first subject taken up this week. over DENIES UNREST IN SPAIN. Army Complaints Not Political, De clares Ambassador, Washington ~The Spanish Ambas- gador, Juan Riano, issued the follow: ing statement in regard to published reports of upe=«t in Spain. “The hews reports circulated in the United States regarding the interior situation of Spain are absolutely in correct. Perfect tranquility prevails, both material and moral
Significant historical Pennsylvania newspapers