I made up my mind to buy more land scrip. Not that there had been
any perceptible improvement in wild lands, but the general outlook
justified its purchase. My agent at Austin reported scrip to be had
in ordinary quantities at former prices, and suggested that I supply
myself fully, as the new administration was an economical one, and
once the great flood of certificates issued by the last Reconstruction
régime were absorbed, an advance in land scrip was anticipated. I
accordingly bought three hundred sections more, hardly knowing what
to do with it, yet I knew there was an empire of fine grazing country
between my present home and the Pecos River. If ever the Comanches
were brought under subjection there would be ranches and room for all;
and our babies were principally boys.
Major Hunter came down earlier than usual. He reported a clear, cold
winter on the Medicine and no serious drift of cattle, and expressed
the belief that we would come through with a loss not exceeding one
per cent. This was encouraging, as it meant fat cattle next fall, fit
for any market in the country. It was yet too early to make any move
towards putting up herds for the trail, and we took train and went
down the country as far as Austin. There was always a difference in
cattle prices, running from one to two dollars a head, between the
northern and southern parts of the State. Both of us were anxious
to acquaint ourselves with the different grades, and made stops in
several intervening counties, looking at cattle on the range and
pricing them. We spent a week at the capital city and met all the
trail drovers living there, many of whom expected to put up herds for
that year southeast on the Colorado River. "Shanghai" Pierce had
for some time been a prominent figure in the markets of Abilene and
Wichita, driving herds of his own from the extreme coast country. But
our market required a better quality than coasters and Mexican cattle,
and we turned back up the country. Before leaving the capital, Major
Hunter and I had a long talk with my merchant friend over the land
scrip market, and the latter urged its purchase at once, if wanted, as
the issue afloat was being gradually absorbed. Already there had been
a noticeable advance in the price, and my partner gave me no
peace until I bought, at eighteen dollars a section, two hundred
certificates more. Its purchase was making an inroad on my working
capital, but the major frowned on my every protest, and I yielded out
of deference to his superior judgment.
Public-domain text, read in full here on John Shaqi.
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