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ropetopeo-Pet-R.! Txnfis. The representative of a com- * * I mereial agency called at No. 5 twoj or three times, but found only a j , barely furnished office, aod a small j boy, irbo said each time that the j proprietors were out, but would bo I in presently. Burt A* Miller is evidently a myth. John D. Cameron ! is arrested for representing the firm, j the Hours scrip is awkwardly executed. The range number of the township is not given,! and in the certificate of transfer nt-the tached to each scrip to make it no-1 ring gotiable, in some cases is not signed by any witness, and other eases but , ^ one, whereas two witnesses arc rc-' lor quired to make the transfer valid.' ^1! The bogus scrip is signed by G. M. |rjl0 l Williams as assistant I’nited States ! treasurer at Santa Fe. There is no ible * 8Uc^ °®w or officer at Santa Kc. * ofj The genuine Sant* Fo surveyor's scrip, of which there is a small • . i amount on the market, is signed by | y | It. J. Pallan, acting cashier of the ^ I First National hank of Santa Fv. ,j’ The bogus scrip is all made out in the same handwriting. The Firstj National l ank of Yankton is under-1cn-cx-thei assstood to have some •o.OOO of the l*-gus scrip, and the First National hank of Sioux Falls, and Me Kcnna !lt;fe Bcougil, bankers ..f the latter ! town, aiv vupjHScd to hare as much f elt;l more. The telegram from Minnean-^ * olis mentioned that $2”»,lXX) was held — by parties in that city, and an indefinite amount had passed into the hands of settlers about ( I rand Forks.1). T.DEALERS IN THE i.ENl’INK ny ! BcriI) have, within the p.i.-t month, j 1^, j found their correspondents in the j|0 f government land country droppingvego-80-at1.1ev-la-itbeanryICCor-*yoir entirely on their orders. Their . correspondents wrote that they hud bought scrip elsewhere, and it can be inferred that they laid in a large stock of the liogus article, Ix raiix it came cheap. On no other theory can the falling otf of the demand for the genuine article he explained, and this nutunilly leads to tho *up]K«i- , tion that an immense amount of the spurious Santa Fe scrip has been • put on tho market. Wlmt propor-1 in-1 tion of this has passed from the deal-! be j vrs to the settlers, and boon used in : on paying for pre-emptions, can only ; ml be surmised. It would seem that its- | whatever scrip has been accepted at tho local government land offices SHOULD UE ASS I MED IIY TIIE UOVKKN-MENT.The settlers certainly have not been . to blame, and the dealers have been Imposed on by a clever fraud. In j 1873, when an immense amount of snide soldiers' additional homestead scrip was put on the market, the government held the settlers harmless, and assumed the loss.la-ho:ikalscmIc-PlintLi-1114twrunA SURVEYOR S STORY*.Kd I'ulmer of Yankton, an experienced surveyor of government j land, was found on his way home from Hi*ntnrlt; k, and g.i\e the reporter some |M»ii;U als»ut the way in whieli genuine ** rip is i-.-ued. The! theory of the plan that where set-1 tiers go on unrurveyed land tiny*hemiit*anwiltinmay put up the money to have the ( . land surveyed, and the governmentasewill issue to them what is known t«»! the trade as turveyot's scrip. Thi strip, to make it negotiable, must ^»r have a certificate of transfer attueli- 1Mr-iyc-lik-i-e-i-10j i d. The money deposited must be in an apuroved dc|Mteitory of gov-1 r eminent funds, such as exists in nearly every city in the west, or ‘ with the assistant treasurer at Chi- Ya eago or San Francisco. Most of the dia scrip in market comes through these j., , two olliccs. The theory that i K.THE SETTLER H I ' 1 !» TIIK MONEY 1 tlt; and takes the scrip is not always f,m borne out by the facts. In manyjgni eases the surveyor to get a job puts an.j up the money, usually $(»,’»» p. r of a township, and takes the scrip. This toil he sells at a slight discount. Deal- t u j era have been getting from $1K* to cou $102 for script of the face value of ten j $2»)0. The amount needed for a left.quarter sec tion of ItlO acres, at $1.2f in t per acre, is 1200, and as a saving of ('about 4 per cent, can bo effected by the use of the scrip there is imicliutydowdemand for it. More than half the to!.to:Iland surveyed in Dakota during the jmst year was under this surveyor’s scrip plan, the ballance being paid ii for by the totally inadequate appro- V printion. willTIIK SALES FROM Tills CITY thealone last year amounted . to over T $500,000. This goes mostly to Fin; southeastern Dakota. The North- .ft* cm Pacific country mostly gets it- terd supply through .St. Paul and Mimics hav 11 ftpolis dealers. .\* far us known this his i •' Santa Fe bogus scrip i.i the lir.-l am ’! fraudulent surveyor's scrip put on the f the market. wasi IYVIIAT TO 1*0 ABOUT IT. j SoloIn view of this new fraud it would ha i * | seem that for the protection of tin* illI'settlers the government shoullon:do two things: Maud the h*s of the himI bogus scrip already taken in nt local ton government land office.-, and hen* ! hisi f after require all land scrip to go 1 ’ ' | through an examination by the com- • I , niissioucr the gem ral land office, M ! or some one apjM.inU d by him, an 1 m nut allow scrip to go on tho murkct gII :, until it has been thus examined andapproved. 1 miJOHN I. CAM EICON, the central figure in this Santa Fe business, the accn dilcd agent of the Amythical Burt Miller, is not mi- Kknown in laud transactions in J parts. The hero of won.- «»f ii:
Newspaper Details
Elk Point Union County Courier
Elk Point, South Dakota, US
Wed, May 10, 1882
Page 2
Full Page
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Anonymous
SD, USA 04 Aug 2022
Other Publications Near Elk Point, South Dakota
Elk Point Union County Courier
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