"For good reasons, no doubt, only you are too charitable to give them.
Never mind: as I say, you are going to have a free hand. This is your
pie and nobody else is going to cut it for you." And when the party
reached the hotel there was another conference of two behind closed
doors, in which Ford and the general counsel did not participate.
An hour later, when Adair came down from the president's room, he thrust
a sheaf of penciled printers' copy into Ford's hands.
"There you are," he said. "I've done the best I could for you on such
short notice--with Uncle Sidney trying his level best to get a cross
reference to the board before taking action. Get these circulars through
a print shop and into the mails. You'll see that one of them announces
your appointment, effective to-day, as Assistant to the President. That
was as far as Uncle Sidney could be dragged. It doesn't give you a
straight flush; but your hand will beat North's if it comes to a
show-down between you. Just the same, I shouldn't quarrel with North, if
I were you. Uncle Sidney thinks the sun rises and sets in him."
Ford nodded, and while he was reading hastily through the sheaf of
pencilings a boy brought him a telegram. When he opened the envelope,
Kenneth had turned away. But Adair was looking on, and he did not fail
to remark the startling effect of the few typewritten words upon the
engineer.
"Whereabouts does it hit us this time?" he inquired, lighting a fresh
cigarette.
"In the neck," said Ford curtly. "The possibility occurred to me
yesterday--Pacific Southwestern stock being so badly scattered among
small holders. I wired a broker, a good friend of mine, to pick up a few
shares on my account. Here is what he says: 'Market bone dry. No
offerings of P. S-W. at any price.'"
Adair whistled softly. "That's getting next to us with a vengeance!" he
commented. "And it can be done, too. Half a dozen of the small
stock-holders have been to me since the fire was lighted, trying to get
me to take their stock at market."
"How much do we control--that we are sure of?" Ford asked.
"I don't know--in figures. Not more than two-fifths, I should say. At
the last board meeting I proposed that we make a safe majority pool
among ourselves, but Uncle Sidney sat on me. Said his own personal
constituency among the little people was big enough amply to secure us."
Ford swore pathetically.
"The one single instance when his caution might have steered him
straight--and it went to sleep!" he raged.
"Exactly," laughed Adair. "And now the Transcontinental moguls are
buying up a majority of their own, meaning to capture the main-line dog
and leaving us to wag the extension tail which we have just acquired.
Say, Ford; doesn't that appeal to your sense of humor?"
"No, it doesn't," said Ford savagely. To see one's air-castles crumbling
at the very moment when they were to be transmuted into solid realities
is apt to provoke a reversion to type; and Ford's type was Gothic.
Public-domain text, read in full here on John Shaqi.
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