OFFICE OF ECCLES, SPENCER & CO., MANUFACTURERS OF LUMBER, SHINGLES, FLOORING, RUSTIC SIDING. DEALERS IN DRY GOODS, GROCERIES, ETC. ETC. Beaver Canyon, Idaho, Aug 5 1887 D Eccles Esq. North Powder Oregon Dear Sir In reply to yours Aug 3rd you ask if I wish to do anything out there that depends upon what is connected with it as I would not let any of my money go into it unless I had the say of how it was managed not that I am so conceited as to think that no other person could manage it as well as I but because I have no money to invest only where success is sure. I cannot see why that business should not “pan out” well if properly operated for if it does not justify full operation run it more economically on a small scale dispenser with high priced men only when it is essential for such a man by doing this way it would be sure to make something Do you recollect what I told you when you first invested? You must confess that I hit the nail on the big end OFFICE OF ECCLES, SPENCER & CO., MANUFACTURERS OF LUMBER, SHINGLES, FLOORING, RUSTIC SIDING. DEALERS IN DRY GOODS, GROCERIES, ETC. ETC. Beaver Canyon, Idaho, _______ 188 Now. Bro E. coming right down to business and speaking plain English If you think there is money in that business properly handled say 30.% or more I will take some stock in it probably about $10.000 and in doing this I would want to investigate the business thoroughly and have considerably to say what such Mills (?) were worth I would not consent to buy at prices adjusted by other parties unless they met my approbation as regards to value You know it is a great custom to hold prices well up when parties are not anxious or willing to sell After considering the above carefully if you think best for me to come wire me and I will come while you are there but I cannot stay very long this time as I will have to be back here to settle up some unfinished business - after the last of S&R I could stay regular.
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