Businessmen -- Fiction; Mines and mineral resources -- Fiction; San Francisco (Calif.) -- Fiction
“Sure, so far.” Miss Ferguson frowned. “It’s getting involved, though.
The salient fact is the human equation—Dickover wants to smash
Henderson first, then develop the mine!”
“Exactly. He knows that Henderson is loaded to the guards with the
stock and is taking all that’s offered.”
“Then why does Dickover threaten to throw all _his_ stock on the
market? How would that smash anybody? Henderson could simply buy it
up, control the mine, and develop it by means of the new chemical
process!”
Bowen leaned back in his chair and puffed for a moment.
“Right there is where I had to make another quick guess, Miss
Ferguson. But I think I’m right. I _know_ I’m right! From what I
remember of the Apex Crown affair, a fair quantity of stock was issued
in the early days; close to half a million, I believe. We can verify
the figures this afternoon. With Henderson and Dickover scrapping over
a mere block of ten thousand shares, you see they have absorbed about
all of that stock that was lying around loose. Call it about two
hundred thousand shares or more to each of them.
“Now, when Dickover issued his Apex Crown ultimatum, I thought about
what I’d do if I were in his place and with his power; and upon that
it flashed over me exactly what _he_ would do—the only thing he
logically could do, upon such a threat as his! Remember that Dickover
knows human nature and gambles on it; remember, also, he has agents or
brokers in every large city in the country, and can strike
contemporaneously at a moment’s notice.”
“All clear so far,” said the girl quietly. “And your prophecy—”
“Is this: By to-day the stock is probably up to ten cents or more, and
none offered. Dickover to-day issues orders to throw overboard the
stock, beginning to-morrow morning; to throw overboard in such big
blocks that Henderson will know where it’s coming from. He’ll hammer
down the market, hammer it down until the stock is back to two cents
or less.
“And what happens? Will Henderson buy everything in sight? No. He
won’t have the money or the nerve. He’s a traitor, remember, and a
traitor has a yellow spot somewhere. Henderson will think that the
Apex Crown ore has proven unfit for going through the new chemical
process; or he may think that Dickover has put some string on the
property that makes the stock worthless; he may think any of a dozen
things, and he _will_. He’ll think all of ’em! Instead of finding
himself grown rich by a sneaky, slick trick, he’ll find Dickover
fighting him—and his nerve will go.”
“Possibly,” agreed the girl, watching Bowen with fascinated eyes. “But
it’s a poor thing to bet on, isn’t it? What’s the rest of the
prophecy?”
Public-domain text, read in full here on John Shaqi.
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