kimerajamm
Joined: 28 Nov 2010
Posts: 785
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 Posted: Sun Feb 06, 2011 3:58 am Post subject: South Dakota |
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Boyce hired his son, Ben, when he was 20 years old, giving him high-level positions in his water and power businesses in and around Marseilles and Ottawa.[38] However, their relationship was often strained by Boyce's high expectations and Ben's carelessness with his funds in activities such as betting on horse races.[39]
During June–August 1906, the government proposed quadrupling the postage rate for second-class mail, which included newspapers, from one cent to four cents per pound. In response, Boyce proposed buying the Post Office Department for $300 million (USD), claiming that he would reduce postal rates by half, eliminate chronic deficits by applying business methods to postal operations, establish a rural postal express, pay rent to the United States Department of the Treasury for postal buildings, and return profits over seven percent. This offer was rejected by the government, but it did halt their planned second-class postage rate increase.[40]
Boyce was a multi-millionaire by the early 1900s and by 1909 became more interested in civic affairs and less in finance.[4][41] He also began to travel, often as part of hunting expeditions.[1] He leased hunting lodges at Fort Sisseton, South Dakota, where he had hunted as a young man. He often hosted friends and relatives, especially his son, for activities such as hunting, fishing, dinner, poker, and plentiful liquor.[42][43] These changes may have been in part caused by the destruction of his Ottawa mansion by fire in early 1908, which was soon rebuilt, followed three months later by the sale of his Marseilles paper mill due to a new law that prevented railroads from negotiating with shippers, and his September 1908 announcement that he and his wife, Mary Jane, were separating.
greece
Gatlinburg real estate |
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