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
An injunction and a notice of suit was served,
not only upon the company, but upon every purchaser of their
contrivance. The injunction restrained the buyers from using and the
company from manufacturing or selling any further machines, and the suit
was for infringement of patent. The device by which the drawer flew open
after the keys had been pressed, the United Sales Recording Machine
Company of New Jersey claimed to be modeled upon their own. The news was
wired to Wallingford. He had been waiting for it, and he came home at
once, where he found that Maylie had been appointed the local legal
representative of the big New Jersey concern; but as this had been a
matter of Wallingford's own contriving, he was not nearly so much
surprised over it as he might have been. He also found direst
consternation in the company's ranks, and himself shook his head sadly
when questioned, though he spoke bravely.
"What we have to do," he declared, "is to keep a stiff upper lip and
fight it."
They did so. Within a couple of months they had the suit decided in
their favor, and Carl Klug was vindicated in the eyes of his friends.
Again they were jubilant, again they prepared for an era of commercial
triumph; but on the very next day another injunction and suit were
brought, and from the very start of this proceeding delays were
encountered. The weakest case had been brought first, the stubborn one
being held back for a longer and more discouraging fight. When that was
over there would be a third suit and a fourth. With their millions of
capital and their knowledge of such matters, gleaned from vital
struggles with others who had demanded either their money or their
business life, they could continue such a fight indefinitely, or until
the Pneumatic Sales Recorder Company should be choked out of existence.
There never was a more discouraged lot of men than those who met in Carl
Klug's shop upon the day after notice of this second suit was brought.
Wallingford was the most inconsolable of all. Of course, if the others
felt like putting in any more money to fight this company with its
millions they could do so; in fact, they ought to do so, but his own
business affairs were in such shape that, at the present moment, he
could not spare a dollar. He said this in such a hesitant way, with a
five-hundred-dollar diamond gleaming from his finger and another from
his scarf, that they felt sure he had plenty of capital, but would not
risk it further in such a losing fight; and it helped them to realize
that all the capital they could command would be but as a wisp of straw
to be brushed aside by this formidable giant, which not only could crush
them, but had the disposition to do so.
Public-domain text, read in full here on John Shaqi.
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