Chains : $b lesser novels and storiesDreiser, Theodore
General
Chains : $b lesser novels and stories
Dreiser, Theodore
American fiction -- 20th century; Short stories, American
By these methods and by having the stock listed on the London curb he
was able to induce certain curb or “dog” brokers to go short of this
stock without having any of it in their possession. Finally they began
to sell so freely and to pay so little attention to the amount that was
being sold that it was easy for Torbey to employ agents to buy from
all of them freely on margin. And then, as the law of the curb and the
state permitted, he had demanded (through them, of course) the actual
delivery of the shares, the full curb value of the stock being offered.
Of course the brokers had none, although they had sold thousands; nor
had any one else except Torbey, who had seen to it that all outstanding
stock had been recalled to his safe. That meant that they must come to
Torbey to buy or face a jail sentence, and accordingly they had flocked
to his office, only to be properly mulcted for the total face value of
the shares when they came.
Well, he had done that same thing in New York. Following the example
of the good Torbey, he had picked up a few unimportant options in
Honduras, far from any railroad, and had come to New York to launch
Calamita. Just as Torbey had done, he had looked for a rich widow, a
piano manufacturer’s wife in this case, and had persuaded her that
there were millions in it. From her he had gone on to Wall Street and
the curb and had done almost exactly as Torbey had done.... Only that
fellow De Malquit had killed himself, and that was not so pleasant.
He hadn’t anticipated that anything like that would happen! That
unfortunate wife of his. And those two children made orphans. That was
the darkest spot. He hadn’t known, of course, that De Malquit himself
was helping orphans—or—And from there he had gone on to the forests of
Washington and Oregon, where he had bought immense tracts on which even
yet he was realizing, more and more. And from there it had been an easy
step to oil in southern California and Mexico—Ah, Greasadick, another
sad case!—And from there to mines and government concessions in Peru
and Ecuador, and the still greater ones in Argentina and Chile. Money
came fast to those who had it. At last, having accumulated a fortune of
at least nine millions, he had been able to interest Nadia, and through
her the clever and well-to-do fashionable set who had backed his
projects with their free capital. And by now his fortune had swollen to
almost forty millions.
Public-domain text, read in full here on John Shaqi.
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