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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Nov. 26, 1931)
PAGE FOUR Th OTtrGD OTAYryTAN, OiTyThgrsday Morning. NoymfcergS. 1931 Wo Foror Stray ffs; From First Statesman, March 28, 1851 THE STATESMAN PUBLISHING CO. Charles A. SrftAcuz, Shfadom F. Sacxett Publisher Chasles A. SPSACUE r - ', - - Editor-Manager Sheldon F. Sackett - - - - - Managing Editor Member of the Associated Press Til Associated Press ta exclusively entitled to tha us tor publiea tV f iU-mwi dispatches credited to It or not otherwise credited In tfaUpAper. Pacific Coast Advertising Representatives: Arthor W. Sty pes. Inc., Portland. Security Bldg. Ban Francisco. Sharon Bid. : Las Angeles. W. Puc Bile. Eastern Advertising Representatives: . Fvrd-Parsoos-StecheT. Inc, New fork. Salmon Tower Bids, 11 W. 4 2nd St.: Chicago. 360 W. Michigan Ave. Enttre d at the Postoffice at Salem, Oregon, ae Second-Clasa Hatter. Published every morning except Monday. Buines$ office, SIS S. Commercial Street. SUBSCRIPTION RATES: Mad SuTacrlp'ion Rat-a. 'n Advance. WiUUn Cfrepn: rUy a-a Sunday. ,1 Mo. ES cents ; S Mo. $1.25; Mo. 12.25; 1 year 14.00. Elsewhere SI cents per Mo., or S3 00 for 1 year to advance. By City Carrier: 45 cent a month: $5.00 a year In advance. Per Copy t cents. On trains and News Stands S cents Real Thanksgiving! THANKS to the generosity of the good people of this com inanity and the energy and activity of many individuals and organizations we think everyone will be provided with food and fuel this Thanksgiving day. That will be cause for rejoicing indeed. The hearts of people are touched that no one may suf fer want in the midst of abundance. The first Thanksgiving was celebrated not in plenty but in want ; but with a deep 'sense of gratitude for the few blessings that were enjoyed. It was a day of fasting instead of feasting. Thanksgiving Day, 1931, if not one of general prosper ity. Is at least one of universal generosity. And this world is indeed thankful for that. Land of the "Empire Builders ' mHE Statesman concludes the series of articles of its man- Ja, aging eaitor respecting me wpwauww w wc mpx ; Holding corporation, unless additional material should come to light calling for further publication. When first planned it was thought that the matter could be fully reported in three articles. After it was begun matter kept coming in which prolonged the series. Now the pertinent facts as to whether there has beerr a violation of the laws of the state will go to a grand jury for investigation, which is emin ently proper. , In this series The Statesman has been acted solely in -what it felt was its duty in the public service. It has had not the slightest malice toward any of the individuals in volved but it has not hesitated to throw the light of day on what they have done with other people's money. Time after time we have witnessed stock promotion schemes in which the investors lose practically all they put into them. Time after time slickers have operated behind the front of good and honorable names. We are supposed to have blue sky laws to protect investors in commercial and financial enter prises. Yet how rarely has anyone been brought to trial for violation of these laws! What about the Northwestern Pulp and Paper company of Astoria,. the Willapa pulp project at Raymond? Hundreds of thousands of dollars of people's money were sunk in these enterprises without anyone being Here with the records of the corporation commissioner's office it was apparent that the Empire Holding corpora tion, a recent flotation, was "in straits", that the assets of the compa'ny has been squandered in reckless promotion, that the officers liad made fat contracts with themselves, that ; they had never? organized a single one of the operating units .WniCn Were XO proviue we incuurc i.ur paying umueum - th atnek issued. The Statesman has made of the story of the Empire Holding corporation what a doctor would call a 'case history", giving the public much of the inside meth ods of organization and financing and operation. Our pur pose has been to expose the proceedings so that if laws had "been violated the persons guilty could be brough to bar be fore they had scattered; and more than that to educate the ." public on hazards "of purchasing stock in promotion con cerns even with fine names on the roll of officers. I I Aside from the possible violations of the laws there are fertain aspects of this promotion which impress us as de i serving of severe condemnation. a First, there is the use of the official stationery of the chief justice of the supreme court to launch a promotion en terprise; a letter so glowing in terms as to certify its char l acter in the public mind. This using of a great and sacred Official title for the nromotion of any commercial activity, let alone one which was purely speculative,. seems to us high- ly reprehensible. . sWrtnd. the affiliation with one as crime mover whose record shows that he had been convicted for using the malls to defraud. Certainly no prudent man would tie up with a iatranirer who was obviously a promoter without a most searching study of his personal dn letters of recommendation. Third, the fixingof salaries of five men at a total of C$42,500 for the first year for a company with no operat v in income: and one which expected none until more com- j panies were formed. Even peases permitted the signers isiness in addition. r ; Fourth, the launching of vin the highly competitive field j one of the organizers being a utive in insurance companies. i if and when the operating & Tnn thPtn. r;. "''Fifth, the-extravagance ly every dollar of money taken $55.00 remained after eight months of running. True there I are some $800,000 of stock subscriptions left; but on the showing of stewardship made in the eight months of opera- j tion when there was every need and every opportunity for I conservatism in expenditures, what assurance would the t stockholder have that future payments would not be dis- sipated similarly ? t . Sixth, the exploitation 1 great lodge, making it an instrument in stock promotion. Seventh, sale xf stock to fi gaged her home, one widow "investing" $10,000. 5 K The point has been raised that the stockholders should have been given opportunity to reorganize the company j without the publicity. The reply to this is that stockholders ouirht tn know the facts, which all too often are denied more into a company which winds up a promotion period "With only $55.00 in cash, Numerous liabilities, and assets some of which are valueless? So far as Judge Coshow is concerned the public had known him as a man of exemplary rectitude. It has been i much of a mystery how he became entangled in the web of high finance. Whether it was because he was too trust - i,0' thers or waa swept off his feet with visions of finan vCial opulence which he wanted all his friends to share, tvs da ; not know. But he must accept personal responsibility for his share In the enterprise which thus far reveals at least frasteful mismanagement and bad methods of promotion a .jBV-au"Ea Wo Far S&ail Ac record, and not rely merely these salary contracts in some to carry on private law bus such an ambitious program of insurance without a single trained and experienced exec This could not but mean that subsidiaries were formed addi in expenditures in which near- in was expended so that only of fraternal membership in women, one of whom raort- ..A wmvtSmm Cm eOAA AAA a American B O. C. DAUER, M. D. Ifnriom County Dept. of Health The- Anferieaa Ret Cross waa developed u t litti different manner than th parent organ ization at Gen era, Switzer land. It was Clara Barton who brought about Its r ganl utioa. This inspiring parsonage was a School teach er until 1854, when h r health wasl broken. Short ly . after this she took op a position In the patent office 1 n Washing- L or. a a OsacT ton. D. C.and when the Civil war broke out she began to collect supplies for the soldiers and dis tributed the-m through tho Unit ed States sanitary commission. This organization was created for the purpose of caring for the sick and wounded soldiers. It was not long before- Clara Barton headed toward the front where she literally worked day and night to carry out her duties. Before her, Florence Nightingale had been affectionately called "The Lady with the Lamp", but on Clara Barton was bestowed the name "Angel of the Battle field." In 184 she was appoint ed superintendent of the depart ment of nurses of one of the Un ion armies. After the war, Clara Barton went to Switzerland, where she soon came in contact with the society organized there. She had never heard of the Red Cross, out was Impressed with Us aim and organization. She served in the Franco-Prussian war in 1870 1871, and marveled at the pre paredness and the efficiency for relief measures which had beea so lacking in the Civil war. Recognized In 1881 In 1877 she endeavored to in terest congress and the president In adopting th Geneva treaty, but In this she was not successful until 1881. Miss Barton complet ed the American organization and when the Genera treaty was adopted aha made It known that this country would extend its ae tivlties from mere war relief to meet any great publie need or calamity. From that time, when ever flood, famine, earthquake, or fire devastated a region, the Red Cross has been the official orgnlzation delegated to car tor the victims. In 1900 tha American Red Cross ws incorporated by an act of congress. Since 1908 tha presi dent of the Unlfed States has been president of the Red Cross. Clara Barton lived to be ninety years old, long enough to sea the organization which she founded become one of great magnitude. Whit aeartk problems aave yeuf It tie above article raises any question in yotrr laa. srrite that euestfoa oat eni tni It eitaer to Tke Ststeraas ev tae Marion const? depsrtmeoi of aealta. Tke snswer will espesr in this eolnsin. itssse shoald be tlcaed. bet will not be ased la the psopr. Yesterdays . . . Of Ola Salem Tows Talk front The) StaUa- C Bariier Days November 28, 1908 James G. Seeley yesterday was found guilty of riot and of en couraging other persons to acts of violence In tha Statnt Paul riot of September 11 which resulted in tha killing of Marshal Joseph Krechter. The heavy freeze of nlarht be fore last put many uncovered wa ter and steam pipes out of com mission. The Willamette Juniors yester day added another scalp to their extensive collection . by defeating the Newberg Amateurs eleven by a score of 20 to . Salem hizh school lost to Eugene high 17 to b. Xovember 30, 1931 Mrs. Mary L. Fulkerson. county soperintendent of schools, is ad vocating forced transportation of pupils and consolidation of dis tricts where the distance la not I CONTRACT aa Adopted by Leading AsrtWitiea By E. V. SliXPAZID-- Expert Adopt m Standard Bidding. TTOK five years mora than tea Weeks -of mterchancav i per il millions of wouU-ba contract 'al opinions were toilewed by tha cfnTa llie conflicting advice of naif -a- eurTcd: at tha first meeting ea. aezen leading authorities. Every. J ana 16thr nothing comparable ta system advocated was more or less ta importance haa "happened in tha tinred bT a r,rf f . . T.i half -century's history af bridga. pvpese: exoert idva rink. r - ' : r - teacher; lecture ;torunament. Each was over the heads af int nr ofthose wanting to learn con hV Tf.Tr,r:vu?.tv.?r" fromitf 5 gladirwouM have 7 meeting, hart merely been d rmA ' Jl'? voted ta less vital tdoies. standard tame. Tar nrt. with aT ort at: nSTrhS; Sidney 8. Lani calls the Ona-prarSf-iSS Two-ThreV Bidding. It .was ad.pV won are est flaws thT7Ki. -wl fcious ability "rectify defect, eetrywid 1 Sprinfc lMVbaw tha airta 1 dHea eluded nearly every leadinr aw-' thoritr 'and writf sSSZZt " uu r wrab3TS DilfNni IJL Brelay, Sidney S. Lena, Winfield w... O l . fm-Jj'- , -. vwvin s veianes a. AA- m fTliiraM try. n ; t rri wX n and Edward & Waif a. derelandi t.i f . . C Watk. t HERE'S HOW 1 c Jr- mm. 1 v r 1 f 1 ' jL U 1 2s 1 r5 A Timorrow: "Hs Reads the Storms' BITS for BREAKFAST -By a J. HENDRICKS Kewa S3 yaara eld: (Continuing from yesterday:) Petar H. Burnett had been a mer chant la Missouri; tien a lawyar. Times were hard in that section then; no markets; ae tale for anything. Plenty of good land, but such a period of "depression" as made tha one tha present Ore gon population has been passing through look like lesa than SO cents. Burnett was one of tha principal speakers who addressed th gathering crowds in favor vt going to Oregon. Ha almost starr ed tha first winter ('44) in Ore gon, but was chosen supreme Julia of tha provisional govern ment, went with the gold rush to California In '48, and became tha first governor of that new state which tha Oregon gold rashers broke into the anion In 1850; then chief justice of California, and finally a wealthy banker in San Francisco. S S A writer in Bancroft's History says Peter H. Burnett and Jesse Applegate, aome 20 years later, met In San Francisco, and that they embraced each other like lovers and shed tears as they talked of tha old daya on the plains and in early day Oregon. J. Hembree, mentioned by the Picayune editor, waa not the only man in the '4S imsaJrratlaa who died on tha Plains though he waa perhaps among the -first ones. Ho was no doubt a relative of A. J. Hembree. of tha same covered wagon train, who settled In Yam hill county and was a member of tha provisional government legis lature of 'it, also of '47, and of tha last one in 1149. Ha was al so la tha first territorial legisla ture that met July 16, 1S50, at Oregon City, and the 1854-5 ses sion that mat In Salem. He was one of tha trustaea of tha- Lafay atta acaaoadmy, chartered by tha territorial legislature of 1851-1, that met In the basement of tha Oregon Institute, that by change of name became Willamette uni versity. more than two miles. TOKIO Crown Prince Hiro hito, 20, haa been designated re gent of Japan, because of the mental illness of Emperor Toshl to. Hlrohito Is urging his nation to adopt "whatever it good that foreign countries possess." WASHINGTON Gradual abo lition of extraterritorial rights la China was agreed to "In princi ple" yesterday by the arms con ference and an exhaustive exam ination of the Chinese judicial system was decided upon. BrittGlT7l - Faw .tntvMU- Ih Mthotity aaerifieed pet the ories lor tha general gooa ax waa game, and algaed an agreement ta adept tha eahent features tnas re- paired standardisation. SueceeaV ..The .system adopted, was what " aeat.usMUng amtuancy, ama- l' J9mJ?m: terff strategy I nava taught this belted ta'aet iffSanttf. L S w""" t The. Official Cans ft . a . -V a. A 'tTl ZlZT " wantid bnabody. Each player OX UO UBKaBl U . . t . 1 i. -j cwuaus Hsuur ausj rwst iikmw m Ttena ualuatlon. aadtaiJaywhat- best tsSI. Klac Oeaaila Bide. ByEDSON OBsy scon, aged s, Of RENaOKLA.. PLAYS ITT SELECTIONS CORRECT LY ON THE HARMONICA A GLASGOW INVENTOt S A0TO- OAT WITH WHOIS TSAVELS OK LANO AS WEU AS WATEI v "THE-' a GOLF- BALL PUMPING A FEW DROPS OF WATER UNDER PRESSURE INTO A GOLF BALL'S HEART GIVES IT A WALLOP UKE 'NEEDLED' BEER. MAKING IT GO 10 YARDS fA RTHEO The 1843 wagon train reached Fort Laramie July 14. On July 21, aa noted by tha Picayune edi tor, they were at Independence Rock, great monolithic guest book and register of (ha plains. On tha 28 th they struck the Sweetwater river. On August t they cama la sight of the snowy peaks of the Rockies, and on the following day Clayborne Payne died of fever, and Rer. Garrison, a Methodist preacher, member of the Oregon train company, conducted the fun eral services. S m On tha Big Sandy, tributary of tha Green river, Mr. Stevenson died, August 9. But there were more births than deaths on the long Journey. One child was born on" -a raft, going down tha Colum bia. There were several divi sions after Independence Rock was passed. But tha parties were all together at Fort Hall, tha first arrivals waiting for tha others to catch up. Thomaa D. Kaiser was the first to arrive at Green river, and tha first to leave that Point. Ha claimed tha same distinction at Fort Hall, said he was tha first to "break tha sage brush" west of that historic point but J. B. Mc Clana disputed this statement; as serted that tha honor was his. Kaiser bottom, below Salem, was named for him. The members of that family took up donation claims there: first wlnteriaa across the river from the. old mis sion. In what Is now the Wheat land neighborhood. McClane was the first postmaster of Salem un der the provisional irovernraeot. He platted what ha claimed (and was tn point of early settlement) to be tha first Salem, on "Boon's Island." north of North Mill creek, and west of Broadway. Dr. Marcus Whitman joined tha company an the Piatt river, and tha party ha led took a short cut from tha Green river throngh the mountains to Soda Springs, by way of Fort Brldger? afterwards known as tha Bridger cut-off. Daniel Richardson died at Fort Hall. At Salmon Falls. Miles Eyres, a Scotchman, was drowned while attempting to cross the Snake river on a mule. Tha train reached the Grand Rondo October 1, had snow the next day, and were across the ridge the 3d. Thence over the Blue mountains, taking 40 men five days to break the road through tha timber. James W. Ncsmith, then In very early manhood, laid his political fortunes there, in the "Way he headed and handled the strong men getting over that most diffi cult part of the long journey. He became TJ. S. senator from Ore gon. October th, the train reach ed the Umatilla; camped on the 10th three miles from the Whit man station at Walilatpu. Chief Stlccas of tha Cayoses had been tha pilot through tha Blue moun tains. Dr. Whitman having; been called by a messenger to go and attend Mra. Rev. H. H. Spalding, who was sick at the Lapwat mis sion. But Dr. Whitman rejoined tha train before It reached his mission. S S There were still terrible Sara ahead, from tha Whitman -station. The- wagons morM forward, down tha Columbia, after a rest of a tew days; forded- tha John Day and Desehatea rivers, and arrived at Tha Dalles. Jesse Applegate and 70 others undertook to de scend tha Columbia la boats, Dr. Whitman going with them, ta ring home Mrs. Whitman, who was still at Tha Danes, after her visit to tha missionaries around what became Salem. They had an Indian pilot. Is golna throurh the Columbia rapids, a boat of tha Applegate contingent over turned, drowning a son of Jesse Applegate, crippling for Ufa a son or Charles Applegate, and drown ing C. M. Stringer and Mr. Mc Clelland, whila WflUam Doke and Ellshe, a son of Lindsay Apple gate, narrowly escaped. Lindsay became, in his time, the outstand ing silver-tongued political ora tor of Oregon, and held high of fices, and barely missed higher ones. a From The Dalles on. storms were. - encountered, and many naashipe, with near starvation and almost indescribable suffering. But tor Dr. McLoughlin of tha Hudson's Bay company, many would have loat their - lives al most in sight of tha - promised land. More hardship and suffer ings ware encountered and endur ed in getting from The Dalles to MASQUERADE it; "sraorsis Lovely Fanchon Meredith, is wanted by tha 8aa Francisco po lio In connection with a murder committed by her sweetheart, "Tony. Fanchon did not know he was a gunman. She eseape by airplane under the name of "Smith." Aboard la Evelyn How ard, whom Fanchon met on a voy age from Hawaii. Evelyn la going to New Tork to lira with her aunt, the wealthy Mrs. Carstairs, whom she never saw. The plane crashes and Fanchon Is the only survivor. To get away from Tony and the past, she goea to the Car stairs home as "Evelyn." A strong bond of affection grows between Mra. Carstairs and her "niece." Collin Carstairs Is at first antag onistic because of his "causin's" Hawaiian escapades and her self righteous attitude when his moth er offered aid, but Fanehon'a sin cerity overcomes his objections. They fall In love. After" a happy summer at Southampton, Fanchon makes her rebut In New York. Collin, though realizing their re lationship Is a barrier, cannot re sist professing his love. Fanchon cannot acknowledge hers without reevaling her Identity. A few days later, a threatening note comes from Tony. She visits him. CHAPTER XVIII The neighborhood had once been very rood, the street waa in a backwater, a small, blind street. It was run down now, the very trees, growing forlornly from the asphalt, had a neglected and pathetic appearance. Children played mildly enough. In the gut ter. Women went by, market baskets on their arms. Some were slatternly, some were neat and self-respecting In appearance. Be fore one house a very fins, ex pensive car stood, a chauffeur waiting. As Fanchon hesitated an elderly woman, wrapped In an an cient mink coat, came down the steps of the house. Evidently she had always lived in the neighbor hood and nothing wculd make her move away, not even the gradual degradation and decay. Slowly Fanchon went up the brownstone steps. They crumbled a little. The handrail of stone wag worn. Shabby, dusty Brussels lace curtains hung at the front windows. She did not know what she would say. She could not know. Her mind waa almost blank but of her courage she was certain. Tony bad loved her. Perhaps, siUl loved her. Possibly within hia love for her she might find some core of understanding for her position, some excuse for what she had done. Yet on the other hand, that very understanding and that same love might consti tute for her the greatest menace of alL She put out her slender gloved hand and rang tha old-fashioned bell. Tony opened to her. He had been waiting, hidden behind one of those limp curtains. "Tony " she said, on a smaU breath.' the, valley than on all the rest of the Journey of over 2000 miles. Is S The writer takes spare to add a little Thanksgiving message: There was much destitution (Continued on page 9) New Views "What do you think will be the result of the Willamette-Whitman game? Why Joe McCarthy. Salem high school student: "Willamette will win. I think they're pepped up enough now." Boee Huston, stenographer; "Will Willamette win Absolute ly! Whitman has a green team. I'm told." Jack Simpson, Kappa Gimio Rao, Willamette surfreraity: "Wil lamette, of course. The snow is going to be so deep that the Whit man man won't be able to see over It. W. U. will walk over top of them." Claire Miller, Sigma Tan, Wil lamette asdverslty: Willamette! Who do you s'pose? Why, we've get a better team!" Max Lindholm, Alpha Pal Delta, Willamette university: "Whitman coUege will be walked over by the Willamette squad with the latter scoring a surplus of aerea points. Dope Shows it and tha bora are all primed to go. Nothing cah ston them now." Irma Baker. Alpha Phi Alpha. Willamette university: "We're go ing to win, of course. Why? Be cause we have the best team." Jerry Warn pier. Delta Phi. Wil lamette university: "Willamette, of course; because we have the best team." Fare Cornutc. Beta Chi. Wil lamette University: "I hare a hunch that Willamette Is going to win. Why? Because I'm goiag to be there!" Eleanor ..CorpfaelL .Lausanne Ball. WUlamette university : "WiUamette Is because we have a good team." Tic J ones, accountant: "Toss up." Willamette has been falUng down a little bit In the last four games and it la hard to aay what they will do. Might beat Whitman with a big score." Daily Thought "I have seen the glories of art and architecture and of river and mountain. I have seen the sunset on the Jnngfrau and the moon rise over 'Mount Blanc. But tha fairest vision on which those eyes ever rested was the nag 01 my country in foreign port. Beauti ful as a nowar to thou who love It, terrible as a meteor te those who hat. It la the symbol of tha power and glory and th honor ol fifty millions of Americans. Senator Hoar. IL. tfc. irsSteA l HI r rsr i" r aa 'You no longer care for Looking at him, she remem bered how much, how unthink ingly she had cared. Looking at him with the eyea which had looked upon Collin to love him, irrevocably and forever, she felt no stirring of the senses, simply a strange constriction of the heart, in pity for Tony, In pity and, compassion for all that had been between them, in pity for the girl she had once been. He said, evenly: "You came. Good. We have much to talk about." Ha took her wrist and drew her gently but re lentlessly Into the house. "Come," he said, with a flash of his white teeth, "Into this parlor. We shall be undisturbed. Quite alone." She followed him. The room waa long, it was dark, there were valour overdrapes. On the papered aad peeling walla were Victorian era prints, once very gray, now rather dismal looking. . . Stags at bay and curly headed, golden haired children at prayer. The furniture was plush, a dusty red. There was a fine mantel. Candle sticks of wood and two conch shells reposed upon it. Beneath It waa a gas log, not lighted, In one corner, a whatnot, load ed with dusty china knicknacks; in the other, a really lovely sec retary. A bead curtain divided the room from another room. There was a small s quare piano, a scarf thrown over it. There were modern student lamps and one ail lamp la red glass. There was a Rodger group and a ladder backed chair and a Morris chair and two pieces of Mission furni ture. It was a hodga podge of generations, all of them dusty. It had a strange odor, that room, dust, decay, disinfectant; cabbage boiling and genteel poverty. It was iacredlbly depressing. . Tony put his arms around her. "You are lovelier than ever," he said softly. There was no shock to her senses in his nearness. Her sen sea remembered dimly. But love, which had glowed through them was gone. That aha experienced no revulsion was merely habit. Her senses might remember but her heart did not; nor yet her mind. She drew herself away, gently. "fiease, Tony," she said. He placed a chair for her: aat down himself on an Empire sofa, battered, the upholstery thread bare. He stated gravely: xou no longer care for me?" He had explained nothlar. as yet. But ltw as all easier than aha had expected. She said, hon MORTGAGES INVESTMENTS INSURANCE An Ihventor Can Always Be Thankful for a Good Mortgage A rood .Mortgage can have little or no deprecia tion in value. Contrast this with the value of stocks and bonds oyer the past several years. i Wouldn't it seem, then, that adding a few well chosen Mortgages 0 your Investment program would be a wise proceeding;? i - For information, call or phone 4109 Hawkins j& Roberts, Inc. Second Floor,' Oregon Building, Salem By: FAITH BALDWIN me," he stated gravely. estly, openly: "No, Tony." He spoke without accent. But hia gesture was South European. A hand flung, palm up, a shrug of the broad shoulders under the well fitting coat. "I see. I had expected it. Who when you found out . . . about me?" i "I began," she said, trying te be honest. "I began to stop car ing then. In It was a shock to me. You dont know. . . But . . I have always appreciated all you did, all you tried to do And . . . tor a litti -while " She hesitated and stopped and waa amazed to find teara in her ayes. He fin ished her sentence tor her.. " For a Utl while we were happy. I see. I would have told you before. But 1 was afraid. You see,", he amlled ruefully, rather charmingly, "yon see I was in love with you, Fanchon." She started a little at the use of her name. She had noteheard it for so long. Tony's keen black ayes narrowed. He went on smoothly. "And I waated to marry you. But I was afraid te tell you. So I planned Instead to make my pile, to turn my last trick, to marry you then and take you away somewhere and go atralght in aome place where we could live happtly, and no one would ever be the wiser, least of all you. But I didn't turn the trick," he said. "No." She looked at him. His even pallor, that of olive skin, was perceptible. He had grown a litti heavier. He looked a little gross. Ha was no longer clean shaven and wore a small mustache. Yet there waa a certain lean hunger in his eyes. His eyes looked sleep leas. She began te be afraid. She shook the tear from her. Tony, I have brought you your money ail of it," she said, and handed him the envelope. He took it from her. Ha did not open it. He held it in his hand and regarded it. Hia face was ex pressionless. Presently, he put It in an Inside pocket. "You do not need It?" he asked with a most extraordinary formal courtesy extraordinary under the circumstances. She shook her head. "Very well, then. I do. But it will not be enough. I must have more much more besides. Not for myself alone. Bnt for you also. So that we can both go away and tart all over again and you must help ma." (Continued Tomorrow)