Chapter 165

2248 Words

Chapter 13 The Centennial YearI returned to Texas early in January. Quite a change had come over the situation since my leaving home the spring before. Except on the frontier, business was booming in the new towns, while a regular revolution had taken place within the past month in land values. The cheapness of wild lands had attracted outside capital, resulting in a syndicate being formed by Northern capitalists to buy up the outstanding issue of land scrip. The movement had been handled cautiously, and had possibly been in active operation for a year or more, as its methods were conducted with the utmost secrecy. Options had been taken on all scrip voted to corporations in the State and still in their possession, agents of the syndicate were stationed at all centres where any

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