Get-Rich-Quick Wallingford: A Cheerful Account of the Rise and Fall of an American Business BuccaneerChester, George Randolph
General
Get-Rich-Quick Wallingford: A Cheerful Account of the Rise and Fall of an American Business Buccaneer
Chester, George Randolph
Businessmen -- Fiction; New York (N.Y.) -- Fiction; Swindlers and swindling -- Fiction
"I know," laughed J. Rufus with a wink, "but you can invoice it with
your eyes shut and we can lump the rest of it. Say five hundred for the
stock and fixtures and three hundred for the good will, which is
crowding it some."
Ed Nickel's cupidity gave a thump. Eight hundred was a good price for
his business, especially in this location. He had often thought of
moving. In a better location he would do a better business; he was sure
of that, like every other unsuccessful merchant; but of course he
objected.
"Make it a thousand and I'll listen," he proposed.
J. Rufus looked about the place coldly.
"No," he decided. "I'd be cheating the consolidation."
Mr. Nickel immediately woke up another notch.
"What consolidation?" he wanted to know.
"The one I spoke to you about yesterday," said the prospective buyer,
and picking up the coin he had tossed down he tapped with it on the
glass.
Thus reminded, the benumbed one brought out the delayed box and Mr.
Wallingford lit one of the cigars.
"I'm going to finance a consolidation of all the smaller cigar stores in
the city," he then explained. "I expect to buy several for spot cash and
put in charge of them managers who know their business. The rest I am
going to allow to purchase shares in the consolidation, with the value
of their stock and good will, so that altogether we shall have a
quarter-of-a-million-dollar corporation. With this enormous buying power
I intend to get the lowest spot-cash discount on all goods, manufacture
a few good brands, cut rates and control the cigar business of this
town. But I'm going to be fair to every man. I'll give you eight hundred
dollars for your business, in cold coin."
The day before, had any providentially sent stranger offered Ed Nickel
eight hundred dollars in real money for his store, he would have jumped
at the chance, and with the purchase price would have opened a better
one in some other part of the town. Now it suddenly occurred to him----
"And if I don't sell or come in I get froze out, I suppose," he gloomily
opined. "That's the regulation poor man's chance. But how are you going
to work this consolidation, anyhow?"
Public-domain text, read in full here on John Shaqi.
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