Epistles from Pap: Letters from the man known as 'The Will Rogers of Indiana'


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Page 28

My owner . . . has said more nice things about me and my good
qualities and worth since I got hurt than he ever said in all the
years gone before. . . He said to some men who came out to see me
after I was damn near killed: "Did you ever in your life see so
good an individual bull, any where, any time? Look at that head.
Imagine what it looked like before he got hit. . . I wouldn't
have taken a thousand dollars for him before he was hurt. No. I
wouldn't have taken two thousand dollars, nor there isn't a man
among you who would have taken five thousand for him if he had
been yours". . . Then my owner said: "It's confidential, of
course, and I know you men well enough to know you'll keep it to
yourselves. Ex-Governor Warren McCray had a man down here
secretly to buy him at $10,000--to head his herd."

"Now," my owner says, "what would you appraise him at? I want to
be fair with the railroad. . . You and I are farmers, and
everybody knows a farmer has a hard time, and all farmers should
stand together, but at the same time be fair, of course, to the
railroads. Naturally we all know that railroads are not fair, and
are big rich corporations, paying great high salaries to
presidents and lawyers, especially lawyers, for sitting around in
swivel chairs, milking the public, fixing mythical valuations to
base freight rates on, and then eternally asking for rate
increases when they are so high now nobody can ship anything over
them . . . . .

"Still, I want you men to be absolutely fair with the railroad . .
. . ."

I don't know what happened after that because they moved off
toward the house. . . They say the chances are that I will live,
but I wish I were dead. . . Pain, pain, ever since. My head is
swollen to double, my sight in one eye may be gone. I still bleed
at the nose. . .My mental anguish is unbearable. I know that
which I had in abundance and have ample living proof of is gone
from me, never to return. I have lost my social standing in the
community in which I reside and my wimmen folks are laughing at
me and at this time of the year. . . Oh, grave, where is thy
sting. . .

If you care to apologize for your hasty remarks about bull mental
pain and anguish, you may address me as:
Respectfully,
The Bull


STAMP OUT SMALL BANKS?

June 3, 1933
Honorable Virginia Jenckes
Member of Congress
Washington, D.C.

My dear Madam:
I should appreciate your sending me a copy of H.B. #5661, (the
Steagell Bill) as re-written by the Senate. I am informed the
Senate struck everything out of this bill after the enacting
clause, and substituted a bill of their own--probably the Glass
Bill, with some amendments.

If the bill as passed by the Senate reads as I am informed it
does, I am very much opposed. . . It would drive all small
country banks out of business at least for the one reason that it
requires a capital of not less than $50,000. Small country banks
cannot stand a capitalization of $50,000 and pay dividends on any
such amount. Small banks have small ways, limited deposits,
limited territory--and consequently limited earning powers. . .

I desire to say I have been connected in one way or another with
a small country bank, the Russellville Bank, of Russellville,
Putnam County, Indiana, since childhood. I was sort of raised in
that bank. I own the majority stock in it. I worked in it for
years. It represents the life work of an older brother, now dead.
It has a capital of $15,000 and a surplus of $47,500. . .

In times like these, all proposed bank legislation should be
carefully considered--to say the least. There are not so many of
us left, and those that remain deserve some consideration for
having weathered what we have.

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