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Chapter XXII. In Conclusion
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I now understand perfectly why the business world dreads a political change in administration. Whatever may have been the policy of one political party, the reverse becomes the slogan of the other on its promotion to power. For instance, a few years ago, the general government offered a bounty on the home product of sugar, stimulating the industry in Louisiana and also in my adopted State. A change of administration followed, the bounty was removed, and had not the insurance companies promptly canceled their risks on sugar mills, the losses by fire would have been appalling. Politics had never affected my occupation seriously; in fact I profited richly through the extravagance and mismanagement of the Reconstruction regime in Texas, and again met the defeat of my life at the hands of the general government.
With the demand for trail cattle on the decline, coupled with two severe winters, the old firm of Hunter, Anthony & Co. was ripe for dissolution. We had enjoyed the cream of the trade while it lasted, but conditions were changing, making it necessary to limit and restrict our business. This was contrary to our policy, though the spring of 1886 found us on the trail with sixteen herds for the firm and four from my own ranches, one half of which were under contract. A dry summer followed, and thousands of weak cattle were lost on the trail, while ruin and bankruptcy were the portion of a majority of the drovers. We weathered the drouth on the trail, selling our unplaced cattle early, and before the beef-shipping season began, our range in the Outlet, including
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