“Go down to the pasture and cut out the roan pony; also select a fresh one for yourself and be ready to start with me in a couple of hours.” Turning to Hugh he said, “My dear Mr. Stanton, you will have to excuse me. We go to press early to-morrow morning and I must write up this cattle robbery for the Patriot. You may not be acquainted with the conditions that exist on the frontier, but there are a lot of cattle thieves in this locality that must and shall, by the Eternal, be torn out root and branch. I must also ride over and see Mr. Horton this evening. Well, good-bye, Stanton, come to see me often.”
Hugh was profoundly impressed by the troubled look of the major, and, as he walked along the street toward the hotel, he shuddered as he thought of the vengeance that would be meted out to the cattle thieves if Major Buell Hampton should have the passing of judgment upon them.
He soon, however, dismissed all thought of the cattlemen and of their troubles, and, while softly humming an air from “Robin Hood,” began writing a letter.
CHAPTER VII.—THE CATTLE KING
HUGH STANTON had now been in Meade about a month, and was well pleased with his new position. Money poured in from the East for investment, and seemed as free as water among the people. Deposits continually increased in the bank, while the ruling rates of interest were very high. Investments were quickly turned and immense dividends declared and sent on to the Eastern capitalists, who in turn became intoxicated with the desire for more of these large profits, and consequently sent back their money for reinvestment. Not content with this, they borrowed to the full extent of their credit, at a low rate of interest, and sent on the funds for Western investment and speculation. Barley, wheat, and other cereals yielded enormously, and lands that had been purchased from the government at a dollar and a quarter per acre changed hands—within a year—at from thirty to forty dollars per acre in favored localities. Real estate in Meade that had cost original purchasers from fifty to one hundred dollars per lot sold readily at from one thousand to five thousand dollars each.
During all the progress and prosperity there was one class—the cattlemen—who were firm disbelievers in the agricultural permanency of the Southwest. Prominent among these disbelievers was John B. Horton, the cattle king. Major Hampton said, in the columns of the that the cattle barons wanted these rich, nutritious buffalo grass lands for their vast herds of cattle, and that in their selfishness they were willing to prevent their settlement by the actual tillers of the soil.
Public-domain text, read in full here on John Shaqi.
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