Diplomats -- United States -- Biography; Morgenthau, Henry, 1856-1946; United States -- Foreign relations -- 20th century
I had another but less satisfactory experience with Pat Norton:
In the Winter of ’97 I bought from Collis P. Huntington a tract of land
running from One Hundred and Thirty-eighth to One Hundred and
Forty-first streets and from St. Ann Avenue eastward. The Title Company
discovered that Huntington did not own as large an area as was described
in the contract, so I called on him to ask for a reduction. It was a
memorable sight to behold this great old gentlemen, 6 feet 3 inches in
height, over eighty years of age, with as keen an intellect as a man of
thirty, trying to fathom my motives and playing with me as a cat plays
with a mouse. He leaned forward to get close to me, adjusting his little
skull cap a bit, and said:
“Suppose I make you no concession at all! Are you going to throw up that
contract, or take the property?”
“I will take the property because I expect to make a profit,” I said,
“but I am going to rely on you to do the fair thing by me.”
He sat back in his chair and told me his experiences with Trenor W.
Park, who wanted to buy a railroad from him. A dispute arose about it,
which resulted in a law-suit. Afterwards, Park wanted to settle and buy
him out. Huntington fixed the price, and as Park hesitated, he told him
that for every day he delayed in accepting the offer he would add
$100,000 to his price, and as seven days had expired since his first
offer, the price was $700,000 more that day. Park agreed to that figure
before he left the room.
“My experience,” said Huntington, “is that no man benefits by law-suits,
but that no man can succeed if he is afraid of them. Now, what do you
really think would be the fair thing for me to do in your case?”
I mentioned a sum, and he said:
“Strange to say, that is the figure I had in my mind.” He dictated a
letter then and there, agreeing to the reduction.
We were anxious to dispose of the Huntington property at auction, and
hurriedly prepared it. There was a stone fence running diagonally over
the southerly part of the property, and I thought it would improve the
appearance of this place to have the stones removed, and as Norton was
putting through the streets and laying the sidewalks, I made a contract
to have him do so for $800. The next morning I was impelled to visit the
Huntington property. I was amazed to find 150 Italians working shoulder
to shoulder, digging a trench alongside the stone wall, and dumping the
stones into it. I stopped them and sent for Norton. When he came,
instead of being ready to apologize, he wore a broad grin and said that
he never expected me to come there, as I always came alternate days: by
the second day no trace of that trench would have been left--what
difference would it make to me, as long as it had disappeared, where it
had gone?
Public-domain text, read in full here on John Shaqi.
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