Rensselaer Republican, Volume 27, Number 39, Rensselaer, Jasper County, 4 June 1896 — Not a Philanthropist. [ARTICLE]

Not a Philanthropist.

It is not very often that such a seemingly philanthropic offer is made by one business man to another as that told of by a parti>ci - tn an old bullion house to a Mail and Express reporter. “Not long ago,” he said, “a dealer in gold and sliver heard that one floor of a building which had not been occupied for some time was to be rented, But that the prospective tenant had insisted that a new floor be laid before he took possession, as the old one had become very much worn. The bullion dealer knew that the previous occupant had been a manufacturer of jewelry and had been in business In the place for many years. He promptly visited the owner of the property and told him that he would put in a new floor of the best wood fbr nothing. Thq owner made a few inquiries, but the dealer said very little In reply, except that he thought he would manage to scrape a good deal of gold and silver dust from off the floor. His offer was accepted. The wood for the new floor and the labor for laying it cost about 1200. ‘The old flooring was burned and the ashes -put through a cqurse of reduction. The result was that the bullion dealer obtained nearly SSOO for the gold and silver which was brought out or a profit of about 100 per cent, on the operation. “Every manufacturer of jewelry or lates that he will lose about SBOO tn ‘saturating’ new quarters of the usual loft size, i’he gold aud silver dust penetrates the pores of the wood aud small particles are ground into the floor. -After just so much is lost in this way the waste ceases and all dust that falls to the floor or adheres to the wall may be swept up or off and saved. The sweepings in these factories and In bullion offices are always saved and reduced.”—New York Mail and Express. Lady Colin Campbell, erstwhile editor of a little paper called the Realm, is a noted swimmer and fencar.