The Rosebud Opening was one of the most famous lotteries of them all. The Rosebud reservation lay in Tripp County, across White River from the Brulé. Its conversion into homesteads meant an immediate income for the United States Treasury, but according to a recent law, all monies received from the sale of the lands were to be deposited to the credit of the Indians belonging to and having tribal rights on the reservation, the funds thus acquired to be used by Congress for the education, support and civilization of the Indians.
The name Rosebud was emblazoned across the nation, after the government proclamation, in the newspapers, in railroad pamphlets, on public buildings. As usual, the railroads played a major part in aiding prospective settlers to reach the registration points, a half-dozen little western villages.
The frontier town of Pierre had been unprepared for the avalanche of people who had descended upon it during the Lower Brulé opening. Service and equipment had been inadequate. In the great Bonesteel Opening a few years earlier, gambling and lawlessness had run riot. Therefore Superintendent Witten formulated and revised the drawing system, endeavoring to work out the most suitable plan for disposing of these tracts so that there might be no suggestion of unfairness.
Railroads traversing the West had already begun to extend their lines still farther into the little-populated section, starting new towns along their lines, running landseekers' excursions in an effort to show the people what this country had to offer them.
In preparation for the Rosebud Opening they prepared for the influx of people on a gigantic scale, made ready to take whole colonies from various sections of the East and Middle West to the reservation.
Among the registration points was the little town of Presho. A crude, unfinished little town, with a Wild West flavor about it, Presho couldn't help doing things in a spectacular fashion. Like most hurriedly built frontier towns, there was little symmetry to it—two irregular rows of small business places, most of them one-story structures, with other shops and offices set back on side streets. Its houses were set hit-and-miss, thickly dotting the prairie around its main street. Two years before, it had been merely an unsettled stretch of prairie.
Then the Milwaukee railroad platted the town, bringing out carloads of people to the auction. Two men, named Dirks and Sedgwick, paid $500 for the first lot, on which to start a bank. That was $480 more than the list price.
They had a little building like a sheep wagon, or a cook shack, on wheels, which they rolled onto the lot. Within eight minutes the bank was open for business. The first deposit, in fact, was made while the sheep-wagon bank rolled along. Two barrels and a plank served as a counter.
The two founders had the necessary $5000 capital, and when the cashier went to dinner he took all the money with him, with two six-shooters for protection. He was never robbed. For two years, during the land boom, the bank had not closed, day or night.
Locators coming in, in the middle of the night, from their long trips over the territory, would knock on the door in the back end of the bank. The banker would open the door a crack, stick his gun out and demand, "Who's there?"