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About The Loup City northwestern. (Loup City, Neb.) 189?-1917 | View Entire Issue (May 4, 1905)
Funds Belonging to Milwaukee Bank Lost in May Wheat Speculation Frank G. Bigelow, President of the City’s Oldest Financial Institution, Confesses That He Embezzled Fortune and Lost It on Chicago Board of Trade* Speculation and ventures on the i ^equally uncertain sea of industrial ex- i ploitation have brought to ruin and I tbsgrace a former president of the ! American Bankers’ Association, the ! courted adviser of the Secretary of the ; Treasury of the United.States, the so cial and business associate of men high in the political and financial cir cles of the nation, and a man, in short, whose name until now stood as a synonym for ability, sagacity and pro bity in the banking world. | The city of Milwaukee is aghast at the exposure. The people scarcely |can realize the truth of it, and it is Nafe to say that financial America is ted him, according to report, some $t'00,000. But of late there are said to have been losses. A week or ten days ago L. D. Kneeland, a Chicago broker, went to Milwaukee, and coincident with his visit there were stories of some heavy squeezes that young Bige low' had suffered. It is said that Kneeland came to have some matters straightened out, and that he departed with any claims he might have had fully satisfied. Stones of May wheat also have teen rife. The persons who hereto fore have hesitated to make any crit icism of the financier remembered until the crash came. Even his broth er, the vice-president of the First Na tional Bank, was in ignorance of any thing wrong, to the slightest extent, until the investigation that followed the confession. Only the bank president and the dupes or worse that assisted him in the manipulation of the bank’s books knew anything, to all appearances, and the criminal acts had been going on for months, if not for years. False entries in the bank's books concealed the defalcations that mounted beyond the million mark. President Bigelow took the cash and with the connivance of employes cred comov': &GELCW /J24/V7T- G -JZ/GZjL OPV B*upefied, for the name of Frank G. Eigelow had even a wider fame among bankers than the institution of which he was the head, with its capi ta! of $1,500,000, its surplus and undi viced profits of $1,100,000 and its de posits of $16,000,000. In carrying on his mammoth thefts of the bank's funds President Bigelow had accomplices among the employes ci the institution. One of these was Benry G. Goll, an assistant cashier. Gordon Bigelow, the son of the bank piesident, a young man—somewhere around SO years of age—has been known as a plunger in the stock and grain markets for a long time, and ru mor S3id that a large part of the money embezzled by the banker went t-j meet the losses entailed by his son. The son has been known as a high ioiler, and several months ago gossip v as busy about some of his big win nings, one successful coup having net end voiced their recollection that Frank G. Bigelow himself has always been a plunger. One enterprise in which he engaged that has been em Lroiled with costly litigation is the National Electric Company, and it was said that several other perfectly le g timate enterprises in which the banker had engaged have proved to be loo heavy loads for him to shoulder. As Mr. Bigelow said himself, as he walked from his home to be arraigned before United States Court Commis sioner Blcodgood: “I got in beyond my depth; I thought things would come out all r.ght, but they did not.” That was all the defaulting banker would say. What his close friends may know more in detail, if anything, hat not been divulged. It is doubtful, however, if any of his most intimate homestead in Milwaukee and a large friends had an inkling of the situation BIG BANK DEFALCATIONS IN LAST TWENTY YEARS. 1884—Ferdinand Ward, head of Grant & Ward, bankers.$6,000,000 1884—John C. Eno, president Second National, New York.... 3,000,000 1890— P. J. Claassen, president, and G. H. Pell, Sixth National, Lenox Hill and Equitable. 1,000,000 1891— Gideon W. Marsh, president Keystone National, Philadel phia . .. .. . 1,000,000 1891—John T. Hill, president Ninth National, New York. 400,000 1894—Samuel C. Seeley, bookkeeper, Middlesex County Bank, Perth Amboy, N. J. 354,000 1900—William Schreiber, trusted clerk, Elizabethport Banking Company, Elizabethport, N. J.*.. 100,000 1900—C. L. Alvord, note teller. First National, New York. 700,000 1900— Frank M. Brown, assistant cashier, German National, Newport, Ky. 200,000 1901— Henry J. Fleischman, cashier, Farmers’ and Merchants’ Bank, Los Angeles. Cal . 150,000 1902— Frank C. Andrews, vice president City Savings Bank, De troit, Mich. 1,500,000 WOULD NOT DESERT HIS MATE. Two-Hundred-Pound Mountain Lion Killed in Collegiate Range. “Old Bob.” said to be the largest mountain lion ever killed in the west, was slain in the Collegiate range, 25 miles west of.Salida, by J. E. Hicks, a ranchman of Sargent’s. The carcass of Old Bob weighs 225 pounds and measures 14 leet from tip to tip. His female mate and two of her young weVe caught In steel traps and killed at the same time. Old Bob had terrorized ranchmen in that vicinity for the last five years, having killed and devoured scores of cattle and young colts. He was the leader of a band of lions in that sec tion of the mountains. He had escap ed the most expert hunters, and would have been living now but for his re fusal to desert his mate and her young while they were in captivity. While out hunting Hicks came upon the carcass 'of a calf which the lions had killed and partly eaten. He knew they would return when hungry, and set three large steel traps around the carcass. He returned shortly after [ ward and found the female and two i j young ones in the traps. Old Bob was present to defend them, j When he saw Hicks coming he roared ' fiercely and snapped his jaws threat- j cning to attack the hunter. Hicks j took perfect aim and sent a rifle bul- i let through the lion's head before he 1 could cause trouble. He then shot the other three lions in the traps.—Salida, Colo., special in Denver Republican. One of Their Own Kind. Prof. Humphrey of Amherst college went out one morning before recita tion. When he returned some of the students had fastened a live goose in the president’s chair. When he en tered the room and found the new oc cupant of his seat he turned on his j ueel #nd coolly observed: “Gentle- ' men, I perceive you have a competent instructor, and I will therefore leave you to your studies.” — Slight Mistake. I Guest (in a cheap restaurant)— - Here, waiter, this napkin is dirty. Walter—Beg pardon, sir; it merely got folded the wrong way, sir. v\ S&7V£>y' GO££ i^ed the amounts abstracted to credit ers who never had the money. CRASH AFTER FORTY YEARS. Bigelow Wipes Out in a Few Months the Success of a Lifetime. One of the curious questions on the streets of Milwaukee when the news of the crash became known was: “What’s the use of working hard forty years and ending as Frank Bige low has ended?” Bigelow entered the employ of the tank that now bears the name of the First National forty years ago as a bank messenger. He was born in , Hartford, N. Y., in 1847, and came to I Milwaukee with his parents in 1861, j father being one of the well-known pi ysicians of the city in the early days when Grand avenue was a coasting nil to the river for the children. The son received a public schorl i education here, but in 1864 entered the employ of the bank and remained there, advancing step by step, through all the years, until his downfall. He I was known as one of the hardest working men in the city. His devotion to his bank duties was marked, and v hen each day he was free from them he was known as a home man. So far as the books of the bank have been examined it does not appear ti at during his forty years of connec tion with the institution a single pen ry went wrong through him until De cember, 1904. That is, he wiped nut forty years of honorable record in a trifle more than four months. LESS MEAT, MORE MUSCLE. What Dietary Experiments Have Shown in the Yale Gymnasium. Director Chittenden, who has had j charge of the Sheffield Scientific i school dietary experiments, recently I reported that the men under him grew stronger the less meat they ate. The men under im estigation were kept at work in the Yale gymnasium while they were on a diet of less meat and more vegetables and fruit. The gym nasium tests show a growth of muscu lar development of 35 to 100 per cent. Disposing of surplus meat food by the digestive apparatus is much more difficult than getting rid of the sur plus of vegetables and fruits. Partly digested protein frequently develops ! toxic qualities which either cause dis ! ease or furnish a breeding place for it. The great increase of Bright’s dis ease and other kidney and semi-nerv ous troubles is attributed to the excess of meat over the normal demand of the body. Treadwhcel in Enolano. The treadw'heel is still in »ogue at many English prisons. MIKADO’S NERVES ARE STRONG. Mine Explosion in No Way Ruffled Japan’s Emperor. Mutsohito, the emperor of Japan, is about as stoical and impassive as an American Indian. When Prof. Milne, the greatest living seismologist, was studying earthquakes in the far east, he spent some years ip the Tokio uni versity. In that island empire earth quakes occur two or three times a day sometimes. The professor’s re searches and experiments attracted the attention of the mikado, for whose pleasure a sham earthquake was ar ranged. On a waste piece of ihc ground the professor caused to be erected some buildings, beneath wrhieh were quantities of powerful explo sires. The emperor pressed the but ton and the mines exploded with ter rific force. His majesty Temained calm and imperturable. He had neith er started nor blinked. Motionless and impassive, he watched the scene. Then, just on taking his leave, he uttered the one word, ‘Really!” AMERICAN MINISTER TO KOREA. Dr. Horace N. Allen, the American minister to Corea, is the foremost per sonality in that country to-day. Born in Delaware in 1858, he was graduated from Ohio Wesleyan university. He became a Presbyterian missionary and from China ventured into Korea, then the only remaining "hermit nation.''' Thus he was the first Protestant mis sionary in that country. The United States minister, Gen. Foote, made him physician to the legation. Dur ing an insurrection, when all aliens Ik?. ZkOk3^CTJY-/<lZZZZZ‘ fled from Seoul, he stayed and attend ed some of the injured mem bers of the royal family, battling with the necromancing court physi cians so that he might save the wounded. His medical skill led the emperor to establish a royal hospital, with Dr. Allen in charge. The ero ptror himself fell sick, was cured by Dr. Allen and the doctor was made court physician, a place of great influ ertce. which he holds to-day. In 1 he was made secretary of the United States legation at Seoul. BANK ACCOUNT FOR BABIES. < _ Massachusetts Man Is No Friend ol Race Suicide. George W. Davenport of Greenfield Mass., bachelor and admirer of in fants, has instituted a:, anti-race sui cide movement along unique lines Every child born in Greenfield here after will receive from Mr. Davenport a savings bank account of fifty cents Mr. Davenport's main hope of inspir ing interest in a plentiful crop ol infants is an annual baby show to b*. held in May. The proceeds of the show he proposes to devote to boys club work, thus encouraging children of tender years, though too old foi baby show honors. President Roose velt has approved Mr. Davenport’s baby show plan and has signified his appreciation rf the «ompliment of having his likeness on souvenir badges which will be distributed among Franklin county babies. The trump card of Mr. Davenport will be an at tempt to obtain the presence of Presi dent Roosevelt at the show. GIRL WHO MARRIED COACHMAN y2£y ^7/77.^ /7/JZ& /V/T <*TA-WtC*<£ Miss Nancy Carnegie of Pittsburg whose marriage a year ago to James Hever, a former coachman, became public a few days ago, is Andrew Car negie’s favorite niece. Colombia Sends Good Man. Diego Mendoza, the newly appoint ed minister of Colombia to this coun try is a prominent lawyer, a noted student of international law and political economy and a member ol congress; he has been president oi the Republican university, a professor in the leading colleges, a writer of fame and one of the recognized lead ers of the liberal party. No man in Colombia to-day is so thoroughly familiar with the history of the diplo matical relations of his country with the United States. Good Work Done by Birds. As an illustration of the value of land birds, a few interesting’ facts are suggestive. The night hawk, which catches insects on the wing, has an enormous stomach. Grasshoppers are an important article of its diet. The stomach of one night hawk was found to contain remains of sixty grasshop pers, while another’s stomach con tained thirty-eight, mostly entire. Yet this useful bird is often killed for food and still oftener as a target for Sim practice on the wing. COMING HOME AT LAST. —New York World. MOURN LOSS OF JEFFERSON. Veteran of the Stage Beloved by All Theater-Goers. Joseph Jefferson was undoubtedly the best loved of American actors. The older generation of theater-goers re member him as the leading exponert. if not the originator of a new school of acting in which simplicity took the place of traditional stage art and man nerisms. The jounger generation re members him as Rip Van Winkle, a character which he made ever mere attractive as he grew older. In the late ’50s Jefferson was asso ciated with the most popular players cf the time. Those who were with him on the stage and those who heard him felt the influence of his new meth od. It appealed to the most artistic, the most critical, as well as the hum blest cf playgoers. This quality of Jefferson’s playing attached actors and people to him when he first played "Asa Trenehard.'' in 1858. as it did when he first played "Rip Van Winkle,” seven or eight years later. On this point the recol lections of Edwin Booth. Cotildock. Sothern. Boueicault and Raymond as to first impression are not notably dif ferent from those of the unsophisti cated enthusiast from the country or the playworn first nighter of the city. The art of Jefferson totiched ah, and certain modulations of voice and simple gestures and pesos gave keen est pleasure every time they were re membered. Only those whose memories cover forty years can understand what Jef ferson’s "Rip Van Winkle” meant to the generation that first heard it. It was like a revelation to the infre quent theater-goer, and did more to break down prejudice against the stage than any other play ever pre sented. Clergymen and thousands of men arid women who had never entered a theater counted it an event in their lives to see Jefferson in "Rip Van Winkle.” Men did not know why they laughed and cried like children, and they did rot care. There was a magic in the drama that had been there be fore, and Jefforscn was the magician. At first it was Jefferson the actor that the people loved. Then they came to love Jefferson, the man. "Rip Van Winkle” was a means of revealing to old and young a personality as whole some in its influence as any ever asso ciated with the stage. In summing up Jefferson’s career it is enough for people to say “Rip Van Winkle.” Called upon to give him rank among the great actors of the world, ninety-nine out of a hun dred people would count it superfluous to say more than "Rip Van Winkle.” And yet “Rip Van Winkle” would not mean so much to the world, could not hold first place in so many hearts, had it not been for the consummate art, the genial spirit, and the simple human nature of the very human old man who died at Palm Reach on Sun day.—Chicago Inter Ocean. Small Estates in England. It Is considered strange that in Eng land only one will disposing of as much as $5,000,000 had been filed dur ing the financial year ending March 31. The average number of such wills has been between five and six. Thus, in 1900 there were nine estates with a total of nearly $100,000,000; in 1901, eight estates, total value more than $50,000,000; in 19<i2, five estates, with the same total; in 1903. five estates valued at $40,000,000, and in 1901, three estates valued at $25,000,000. Of twenty-four of the richest testators only one was under 60 years of age when he died; fourteen were over 70 years old and six more than 80 years. The average age was 74t£ years. John Dawson, who left $3,500,000, was 99 years old. The earl of Strathmore, aged 79 years, left $4,751,000. Helpful Millionaire. Coleman Dupont, the millionaire powder manufacturer of Wilmington, Del., rode down to his office on the rear platform of a street car the other morning. The conductor, a new man. was slow in collecting fares, and Mr. Dupont pulled the bell rope half a dozen times to let passengers on. At one corner an old woman with a mar ket basket stood waiting. The mil lionaire lifted her basket on board, helped the old woman up the steps and paid her fare, smiling at her pro fuse thanks. Secret of Being Beautiful. Women make a grave mistake when, in their desire for beauty, in stead of making the best of what they possess they try to manufacture an artificial prettiness for -themselves. Bondret, the great Parisian beauty artist, used to tell his clients: “My dear madame, develop and do not in vent, is the secret of becoming as beautiful as Providence ever intended that you may be. It is also the secret of being as beautiful as it is possible for you to be.”—Exchange. AFRAID CF A LITTLE DIRT. Why Yeung Men Exhibit No Fond ness for Horseshoe Trade. Master horsesboers throughout the ! country complain that they are having difficulty in securing a sufficient num ber of young men to learn that trade. It takes a man of judgment to properly shoe a horse and to comply with all the regulations governing that calling. ! Humane methods of horseshoeing have j made necessary an amount of study j and experience thar most young men | will rot undertake and acquire unless j it promises a better position in life j than that of a master horseshoer. The trouble is that when boys acquire the education and knowledge called for by the state regulations they feel that they are entitled to “a better position” than that of a blacksmith. False pride is at the bottom of mo t ' f this feeling of distaste for the ancient and honor able trade of the blacksmith. Skilled horsesboers earn wages far exceeding those at the command of workers in many trades and so-called professions that are not so “dirty.” It. is the grime and sweat that the blacksmith must dabble in and exude that stand out in the eyes of too many young men who are thinking of making a start in Iife. —Binghamton (N. Y.) Press. GOES TO POST IN SWEDEN. ODZ ■ CZ/ZLQZPZ^ Col. Charles H. Graves, the newly appointed American minister to Nor way and Sweden, said farewell to his friehds at Duluth and departed for Athens, Pa., where he was married to Miss Alice Kinney Tripp, April 25. The minister and his bride will depart at once for his diplomatic station. No Luncheon for Secretary Taft. Secretary Taft in his triple role of acting president and head of the state and war departments is enjoying full opportunity to show his great capacity for work. For weeks he has never left his office from about 9:30 in the morning until 5 o'clock in the after noon unless to attend a meeting or to pay an official visit. Secretary Taft has told some of his intimates that he does not believe in the luncheon meal anyway. “When I get down to work I want to keep at it until I get rid of it.” he said/ “Luncheon is a superfluous meal and it breaks up the day.” Indian Woman in D. A. R. Mrs. Carrie T. Adams of Fort Gib son, I. T., is the only Daughter of the American Revolution who is descend ed from Indian blood. One of her ancestors was John Ross, who was chief of the Cherokee nation for forty years. Her husband. Richard C. Adams, is a Delaware Indian, who for several yea-s past has been repre senting his people in their material claims before tr.e department of the interior and the Dawes commission He is a direct descendant of Capt. White Eyes, who was an officer in the revolutionary war. Statesmen Own Fine Farm. Congressman Hull of Iowa and Con gressman Wadsworth of New’ York jointly own a fine farm in Virginia, a short distance down the river from Mount Vernon. Former Interstate Commerce Commissioner Yeomans, also of Iowa, was interested in the agricultural venture, but recently he has withdrawn, leaving his two part ners to carry on the business. They have a very comfortable residence fitted up there, with electric lights and other fixings unknown to the or dinary farmer. * _ To Remove Tight Ring. Medical Talk suggests the following method of removing a tight rfng. Take a piece of cord or wrapping thread and push one end of it under the ring. Then, beginning just above the ring, wind the cord very tightly round and round the finger, clear up to the tip of the finger. Now take hold of the end of the cord that was ! slipped under the ring and unwind the cord. As the string unwinds the ring will be carried along with ft and removed without any difficulty. SAW THE WANDERING JEW. Bey’* Experience Recalled by the Man in Later Years. “No. I don't believe in ghosts, though there was much in my boy hood experience to stimulate a meas ure of faith in the supernatural.” said a man in an uptown hotel, according to the New York Tribune. "Twenty five years ago,” continued he, “1 was a boy in Lancashire, England, and one of the divertisements of the grown folks of the household and of the neighbors when they were ranged around our hearth on winter nights was to tell ghost stories, many of which were rich in hair-raising de tails. “Perhaps there was a time when my eyes enlarged with wonder at their mysteries and my brain was peo pled with the romantic phantasies of these winter's night taies. but very early 1 read a book in which appari tions were exposed. Thereafter the most thrilling recital, so far as I was concerned, fell upon unimpressionable ears. "One incident made it clear to me, however, that there lingered at least a suspicion of sympathy with those who took stock in the world of dis embodied spirits. I had been reading ‘The Wandering Jew’ and was deeply interested in the trials of the title character. 1 went to bed late. 1 had been in bed a moment when I saw outlined as clearly as on the cover of my book the lifelike figure of the wan dering Jew. He entered the window and with halting steps crossed the room and went through the unopened door. Of course the thing had its birth in a brain upon which the author of the story had made an indelible impression.” ! ADAM’S STATE OF INNOCENCE — Lasted Until He Took to Himself a Wife—and Then. The Rev. E. T. Mount, the well known Oregon clergyman and author, lived some years ago in Colorado, and one day, in talking about Colorado, he said: “In a certain church in Colorado Springs there used to be a queer old crusted character, a Scot who was noted for his profound knowledge of the Scriptures. I lectured in that church one evening, and after the lec ture the Scot and I and some few others fell into conversation. “I was urged to put the old man’s scriptural knowledge to the test. ! was urged to question him and let him' question me. He would get the better of me—that, everyone said, was cer tain—but I had my doubts, and turn ing to the Scot, said confidently: “ ‘I will try you, my friend, with the grand, leading, insurmountable question, How long did Adam stand in a state of innocence?’ “The Scot answered: “ Till be got a wife.’ “Then, with a grim chuckle, he went on: “ ‘But can you tell me, sir, bow long he stood after?' ” A Million or Two. With continuous steps as we tread on through This intricate world, as other folks do. Stray on still on our journey be able to view. The benevolent face of a dollar or two; For an excellent thing. Is a dollar or two: No friend is so true As a dollar or two; Through country or town. As we pass up and down. No passport so good As a dollar or two. Would you read yourself out of the bach elor’s crew. And for the hand of a gentle divinity sue; You must always be ready the handsome to. do. Although it should cost you a dollar or two. Love's arrows are tipped With a dollar or two: And affection is gained By a dollar or two. The best aid you can meet For advancing your suit Is the eloquent chink Of a dollar or two. Would you wish your existence with faith to imbue And ciroll in the ranks of a sanctified few. To enjoy a good name and a well cush ioned pew. You would freely come down with a dollar or two. The gospel is preached For a dollar or two. And salvation is reached Ey a dollar or two. You mav sin at sometimes, But the world of all crimes Is to find yourself short Of a dollar or two. The Sour Sailor. Captain Frederick Muller, the presi dent of the Rough Riders’ association, was talking in Santa Fe about the arrogance of a sea captain whom he knew. “It was impossible for a passenger.” Captain Muller said, “to get a civil answer out of this man. Ask him the simplest and politest question and with a gruff impertinence he turns his back on you and walks away. Captain Miller smiled. “But a friend of mine.” he said, “once got the better of the sour fel low in a delightfuj way. “The captain was standing near the bow of the boat, examining through his glasses a passing ship. “ ‘What ship is that?’ said my friend. “The captain frowned at him. *• ‘Go ask the cook,' he said. “ ‘Oh, I beg your pardon,’ said my friend. ‘I thought you were the cook.’ ” Too fVliich Learning Dangerous. Business Manager—I’m sorry, yours man. but I’m afraid you will not serve my purpose. Applicant—But, sir, I have nine di plomas and decrees. Business Manager—Maybe; but in acquiring them you have evidently been too busy to learn anything use ful. Good morning.—Cincinnati Com mercial Tribune. Traffic in Bird Skins Large. A London dealer in such wares last year received from India the skins of 6,000 birds of paradise to adorn the hats of the feather-wearing British women and to meet the export need. At the same time he got about half a million humming bird skins and an equal number of those of various other tropical birds. Arctic Explorers Meet Death., The North Pole commission has of ficially declared that the expedition under Baron Toll to the new Siberian island*, in the Arctic ocean, has end ed with the death of all the members of the partv