The other burlesque I have referred to was my fine
satire upon the financial expedients of “cooking
dividends,” a thing which became shamefully
frequent on the Pacific coast for a while. Once
more, in my self-complacent simplicity I felt that
the time had arrived for me to rise up and be a reformer.
I put this reformatory satire, in the shape of a
fearful “Massacre at Empire City.”
The San Francisco papers were making a great outcry
about the iniquity of the Daney Silver-Mining Company,
whose directors had declared a “cooked”
or false dividend, for the purpose of increasing the
value of their stock, so that they could sell out
at a comfortable figure, and then scramble from under
the tumbling concern. And while abusing the
Daney, those papers did not forget to urge the public
to get rid of all their silver stocks and invest in,
sound and safe San Francisco stocks, such as the Spring
Valley Water Company, etc. But right at
this unfortunate juncture, behold the Spring Valley
cooked a dividend too! And so, under the insidious
mask of an invented “bloody massacre,”
I stole upon the public unawares with my scathing
satire upon the dividend cooking system. In about
half a column of imaginary human carnage I told how
a citizen hard murdered his wife and nine children,
and then committed suicide. And I said slyly,
at the bottom, that the sudden madness of which this
melancholy massacre was the result had been brought
about by his having allowed himself to be persuaded
by the California papers to sell his sound and lucrative
Nevada silver stocks, and buy into Spring Valley just
in time to get cooked along with that company’s
fancy dividend, and sink every cent he had in the
world.
Ah, it was a deep, deep satire, and most ingeniously
contrived. But I made the horrible details so
carefully and conscientiously interesting that the
public devoured them greedily, and wholly overlooked
the following distinctly stated facts, to wit:
The murderer was perfectly well known to every creature
in the land as a bachelor, and consequently he could
not murder his wife and nine children; he murdered
them “in his splendid dressed-stone mansion
just in the edge of the great pine forest between
Empire City and Dutch Nick’s,” when even
the very pickled oysters that came on our tables knew
that there was not a “dressed-stone mansion”
in all Nevada Territory; also that, so far from there
being a “great pine forest between Empire City
and Dutch Nick’s,” there wasn’t a
solitary tree within fifteen miles of either place;
and, finally, it was patent and notorious that Empire
City and Dutch Nick’s were one and the same
place, and contained only six houses anyhow, and consequently
there could be no forest between them; and on top
of all these absurdities I stated that this diabolical
murderer, after inflicting a wound upon himself that
the reader ought to have seen would kill an elephant
in the twinkling of an eye, jumped on his horse and
rode four miles, waving his wife’s reeking scalp
in the air, and thus performing entered Carson City
with tremendous eclat, and dropped dead in front of
the chief saloon, the envy and admiration of all beholders.
Copyrights
Sketches New and Old from Project Gutenberg. Public domain.