He fought as with clay behind a crumbling wall. All portions of the wall were menaced, and he went around constantly strengthening the weakest parts with clay. This clay was money, and was applied, a sop here and a sop there, as fast as it was needed, but only when it was directly needed. The strength of his position lay in the Yerba Buena Ferry Company, the Consolidated Street Railways, and the United Water Company. Though people were no longer buying residence lots and factory and business sites, they were compelled to ride on his cars and ferry-boats and to consume his water. When all the financial world was clamoring for money and perishing through lack of it, the first of each month many thousands of dollars poured into his coffers from the water-rates, and each day ten thousand dollars, in dime and nickels, came in from his street railways and ferries. Cash was what was wanted, and had he had the use of all this steady river of cash, all would have been well with him. As it was, he had to fight continually for a portion of it. Improvement work ceased, and only absolutely essential repairs were made. His fiercest fight was with the operating expenses, and this was a fight that never ended. There was never any let-up in his turning the thumb-screws of extended credit and economy. From the big wholesale suppliers down through the salary list to office stationery and postage stamps, he kept the thumb-screws turning. When his superintendents and heads of departments performed prodigies of cutting down, he patted them on the back and demanded more. When they threw down their hands in despair, he showed them how more could be accomplished. "You are getting eight thousand dollars a year," he told Matthewson. "It's better pay than you ever got in your life before. Your fortune is in the same sack with mine. You've got to stand for some of the strain and risk. You've got personal credit in this town. Use it. Stand off butcher and baker and all the rest. Savvee? You're drawing down something like six hundred and sixty dollars a month. I want that cash. From now on, stand everybody off and draw down a hundred. I'll pay you interest on the rest till this blows over." Two weeks later, with the pay-roll before them, it was:-- "Matthewson, who's this bookkeeper, Rogers? Your nephew? I thought so. He's pulling down eighty-five a month. After--this let him draw thirty-five. The forty can ride with me at interest." "Impossible!" Matthewson cried. "He can't make ends meet on his salary as it is, and he has a wife and two kids--" Daylight was upon him with a mighty oath.