Library of the World's Best Literature, Ancient and Modern — Volume 12
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Library of the World's Best Literature, Ancient and Modern — Volume 12
Literature -- Collections
installments of purchase money?" "No indeed, Herr Krafft; you are a
good man, a public-spirited man, no money-maker, no leech, no Jew!"
cried the triumvirate of deputies in chorus.--"I am nothing more than
you are: a man of business, who works for his living, the son of a
peasant, a plain simple citizen. I began in a smaller way than any of
you; but I shall never forget that I am flesh of your flesh, blood of
your blood. Facts have proved it. I will give you a fresh proof
to-day. Go home and tell the people who have sent you, Hans Heinrich
Krafft will give up the share which his house has subscribed to the
Southwestern Railway, in favor of the less wealthy citizens of this
city. This sum of five hundred thousand thalers shall be divided up
_pro rata_ among the subscriptions under five hundred dollars."
"Heaven bless you, Herr Krafft!" stammered out the court cooper, and
the grain-broker essayed to shed a tear of gratitude; the confidential
clerk Herr Lange, the third of the group, caught at the hand of the
patron to kiss it, with emotion. Krafft drew it back angrily. "No
self-abasement, Herr Lange," he said. "We are men of the people; let
us behave as such. God bless you, gentlemen. You know my purpose. Make
it known to the good people waiting outside, and see that I am rid of
my billeting. Let the subscriptions be conducted quietly and in good
order. Adieu, children!" The deputation withdrew. A few minutes
afterwards there was heard a thundering hurrah:--"Hurrah for Herr
Krafft! Three cheers for Father Krafft!" He showed himself at the
window, nodded quickly and soberly, and motioned to them to disperse.
While the tumult was subsiding, Krafft and Roland retired into the
private counting-room. "You have," the latter said, "spoken nobly,
acted nobly."--"I have made a bargain, nothing more, nothing less;
moreover, not a bad one."--"How so?"--"In three months I shall buy at
70, perhaps still lower, what I am now to give up to them at
90."--"You know that beforehand?"--"With mathematical certainty. The
public expects an El Dorado in the Southwestern Railway, as it does in
every new enterprise. The undertaking is a good one, it is true, or I
should not have ventured upon it. But one must be able to wait until
the fruit is ripe. The small holders cannot do that; they sow today,
and tomorrow they wish to reap. At the first payment their heart and
their purse are all right. At the second or third, both are gone. Upon
the least rise they will throw the paper, for which they were ready to
break each other's necks, upon the market, and so depreciate their
property. But if some fortuitous circumstance should cause a pressure
upon the money market, then they drop all that they have, in a perfect
panic, for any price. I shall watch this moment, and buy. In a year or
so, when the road is finished and its communications complete, the
shares that were subscribed for at 90, and which I shall have bought
at 60 to 70, will touch 100, or higher."
Public-domain text, read in full here on John Shaqi.
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