John Henry Smith: A humorous romance of outdoor lifeAdams, Frederick Upham
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John Henry Smith: A humorous romance of outdoor life
Adams, Frederick Upham
Humorous stories; Outdoor life -- Fiction
"You threw me down, Kid," he said to Miss Harding, "but I'll forgive
you. You get the buzz wagon and Smith gets a cartload of balls, but I'll
tell you one thing, and that is this: I'm going to learn how to hit one
of those blamed balls in the nose every time I swipe at it, even if I
have to resign the presidency of the R.G. & K. railroad."
I can see that the golf microbe has marked him for a shining victim.
ENTRY NO. IX
MR. SMITH GETS BUSY
I have had to neglect my golf and attend to business. For nearly a week
I have not seen Miss Harding. And all on account of that miserable N.O.
& G. stock.
Early in the week it dropped to more than ten points below the figure at
which I purchased it. This meant a loss of $20,000.
Tuesday morning I called on my broker and he informed me that if N.O. &
G. dropped two more points he would have to call on me for margins.
There were rumours, he said, that it would pass its next dividend, or at
least reduce it. Then I got busy.
I called on Jones, the kind friend who steered me against this
investment. Jones informed me that certain powerful banking interests
were raiding the stock. He could not identify them, and I saw that he
knew nothing about it.
"We are the lambs, Smith," he sadly said. "I'm in for a thousand shares
myself."
"They have not an ounce of my fleece yet," I declared, and turned and
left him.
I served two years on Wall Street under my father, and there was no
streak of mutton in him. It made me furious to think that I should be
made to "hold the bag" for a lot of unscrupulous tricksters.
I set about ascertaining the exact status of the business of the N.O. &
G. In my search for information I was thwarted again and again, but I do
not think it was entirely luck which led me to solve the mystery to my
personal satisfaction. I employed detectives to assist me, and in four
days had the information on which to act.
It is as neat a conspiracy as ever was hatched by financial brigands,
but I think I know every tree behind which they are hid. It is probable
that they are within the pale of the written law, but one would have the
same right to operate in gold bricks or green goods.
It may be that the action I have taken will spell my financial ruin, but
I propose to ascertain if a gentleman cannot take a modest flyer in Wall
Street without being marked as "a come-on," which is the term used by
those who rig the market.
If they get me it will be not for $20,000 but for $2,000,000. I propose
to make the fight of my life. I wonder what Miss Harding would think if
she knew I were engaged in a deal of this magnitude?
On Thursday I instructed my business agents to convert certain
negotiable assets into cash, and to arrange for an extension of my
credit with the banks. I now propose to follow N.O. & G. to the
bottom--if there be one--and if not I shall drop with my money into the
fathomless void of bankruptcy.
I called on my broker.
Public-domain text, read in full here on John Shaqi.
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