Rensselaer Republican, Volume 25, Number 50, Rensselaer, Jasper County, 10 August 1893 — Some Results. [ARTICLE]
Some Results.
Charles W. DePauw, of New Albany was worth $1,000,000 three months ago. He is now practically penniless, having included in deed of assignment all personal property down to his shot gun and fishing tackle. The interests of the university family name are in no way affected. Mr. DePauw was unfortunate enough to have his money invested in two great protected industries built by the DePauws on Indiana soil and employed hundreds of Indiana workmen. Mr. DePauw was one of the hated capitalists against whom Democracy inveighed last summer. How many of the agitators would have handed out their last cents to creditors ? There may be joy in the free traders’ camp over the downfall of a man like this. AVe doubt if there is much hilarity among the workingmen who look upon the darkened doors of the DePauw factories with the consciousness that it all means the loss of work and wages. —Perm Republican.
