Petroleum industry and trade -- Texas -- Fiction; Texas -- History -- 20th century -- Fiction
The Nelsons, of course, were early on the ground, for in spite of the
father's contention that they could ill afford, at the moment, to tie
up more money in unproductive properties, the son had argued that they
must have "protection," and his arguments had prevailed.
Henry went in person, and he was disagreeably surprised to discover
Gray on the ground ahead of him. The latter bore evidences of hard
usage in the shape of a black eye and numerous bandages, reputed to be
the result of an automobile collision. Henry regretted that his enemy's
injuries were so trivial. It was indeed a pity that so few accidents
are fatal.
He bought rapidly, right and left, as much to forestall Gray as
anything else, and he was back at the bank shortly with a number of
leases. Not until some time later did he learn that he had paid a price
for them twice as high as that charged for properties closer in.
It was Bell who brought this unwelcome information home to him--brought
it home in his characteristic manner.
"What the hell ails you, anyhow?" the father inquired, in apoplectic
wrath. "Have you gone clean crazy?"
After some inquiry Henry realized what ailed him and who had caused him
to throw away his money, but he did not apprise Bell. More than once
they had been parties to "wash sales," and had helped to establish
artificial values, but to be victimized in the same manner was like the
taste of poison.
Of course, it meant little in the big game. At most, the firm had been
"gypped" only a comparatively few thousand dollars, and the loss could
probably be recouped by a resale; nevertheless, the incident was
significant, and, upon second thought, it appeared to shed light upon
certain other expensive transactions in other fields.
Now, oddly enough, this new oil discovery did not develop as had been
expected--in fact, the excitement died out quickly--and when Henry
Nelson undertook to dispose of his holdings he was faced by a heavy
loss, for Gray was offering adjoining acreage at low prices.
Following this unhappy experience, the scandal about the Jackson well
became public--the Atlantic Company having at last located the leak in
its pipe line--and the whole Red River district enjoyed a great laugh.
Henry Nelson did not laugh. He turned green when he realized how close
he had come to buying that lease. Of course, here was a swindle that
Gray could have had nothing to do with, and yet--Nelson wondered why
"Bob" Parker had failed to sell it to him. "Bob" had tied it upon an
option, awaiting his return, and he had hurried back on purpose to
examine it. Why hadn't he bought it? Henry asked that question of the
girl, and, when she told him as much as she knew, he began to believe
that the whole thing was, indeed, an incredibly bold attempt to swindle
him, and him alone.
Public-domain text, read in full here on John Shaqi.
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