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Butler, Bates County, Missouri
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James Webster, a Hardin County, Iowa farmer, buried $50,000 on his farm after 1893 business failures but has lost his memory and cannot locate it, leaving him dependent on charity or institutional care.
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Eldora, Ia., May 31--With $50,000 in cold, hard cash buried on his farm, James Webster, a Hardin county farmer, bids fair to end his days as a charity patient at the state insane asylum, or as an inmate of the county poor farm.
Webster was in business in 1893 and lost quite heavily in several failures throughout Iowa. Lest the remains of his fortune be also wiped out he sold everything he possessed except a small farm, four miles north of Eldora, and buried the proceeds of his sales in small caches about the place. The total amount is estimated at not far from $50,000. His memory has totally failed him of late, and, notwithstanding his efforts to locate his hiding places, he can find none of them. His mental condition makes it impossible for him to care for himself, and being without relatives he must depend upon charity or go to the county poor house.
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Domestic News Details
Primary Location
Eldora, Ia.
Event Date
May 31
Key Persons
Outcome
lost memory, unable to locate buried $50,000, depends on charity or county poor house or state insane asylum
Event Details
James Webster buried $50,000 on his farm after 1893 business failures in Iowa, but recent total memory failure prevents him from finding the caches; without relatives and unable to care for himself, he faces institutionalization.