Skookum Chuck Fables Bits of History, Through the Microscope
commissioners were empowered to have the alleys and necessary places sur

   veyed with a view to ascertaining the magnitude of the undertaking, and the amount of the collateral which it would be necessary to raise in England, upon the endorsed bonds, to push the work through to a successful conclusion. The victims set to work with full knowledge of the stupendous responsibility which had been slung, yoke-like, across their shoulders. Surveyors were engaged, and an expert calculator was summoned to give an estimate of the cost of such an undertaking. The estimate was placed at $75,000.00. This enlightenment gave the community a volcanic eruption; an epidemic of "cold feet" took possession of them, and they retired to warm these extremities at their respective air-tight heaters. In the meantime the commissioners had guaranteed payment to the experts whom they had engaged, and their personal notes were urgently requested. The expenses which they had incurred amounted to about five hundred dollars. When the vouchers were hawked about town for endorsements they received the "high ball," and the victims found it necessary to "make good" from their personal rainy day deposits. The unpopular man took a sly glance back at the ancient happy hunting-grounds antedating his booby prize days.

   It was just about this time that an agent of the Independent Trust Company drifted into town "incidentally," and became acquainted with the boys. He made it known in a sort of casual way that he was disposing of shares in the said company, which were valued at more than they were worth—that is, were

   worth more than their valuation. To keep up the "bluff" the unpopular man bought a thousand "plunks" worth of shares.

   "Now," said the shark, "since you have shown so much confidence in my company by purchasing shares, you can prove your patriotism more fully by placing a substantial deposit with the Independent Trust. This will help maintain the company on solid footing, and ensure you higher dividends on your stock. I will give you my personal guarantee that your money will be safer, and more productive than it would be in the Bank."

   The "boob" seized the bait like a trout in the Bonaparte, and made a deposit of five thousand dollars. Shortly afterwards the company went into liquidation, and his six thousand dollars sailed away with the worthless liquid into the sea of oblivion.

   About this same time, when his popularity was at its zenith, and was rivalling that of Dr. Cook, the fake 
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