The sum paid him by the land selling company would, in addition to the
large sum realised by the sale of the live stock, give him at least
$1,600,000, or $1,100,000 over the half million originally invested.
Mark listened with his eyes and mouth wide open.
“By George!” he exclaimed, when Gregory finished. “Did you dope all
that out yourself? That’s the talk of a man who’s been in the land
business for years. How did you ever think of it?”
“What’s a man’s brain given to him for--to turn round in a circle? Do
you find the plan feasible?”
“It’s feasible all right--given a cold half million in hand and brains
behind it--plus imagination. That’s where you win out. You’ll be the
richest man in Montana yet.”
“I intend to be.”
“And the first man born here to make one of the old-time fortunes.”
“I hadn’t thought of that!”
Mark dismissed enthusiasm and put his own astute brain to work.
“The hitch will be with your land selling company. They might be
dazzled, even convinced, but they’re cold-blooded, and they never have
any too much cash on hand. What special line of argument do you propose
to hand out?”
“Several. I didn’t go to the Circle-G Ranch without making certain
investigations beforehand. In the first place Government statistics
prove the productivity of Montana soil without irrigation. I am not the
first to discover that this same soil when irrigated is insured against
crop failure. In the second place a study of the U. S. Government
reclamation projects convinced me that I could, all things being
favourable (such as water supply and gravity), put a large tract of
land under water at a very small cost compared to the cost under the
plan of procedure adopted by the Government. By the plan I have mapped
out I can sell both land and water for less than the cost of water
alone under the Government direction. But I have a final inducement
which I believe will bring the selling company to terms. Those forty
thousand acres when irrigated will be peculiarly adapted to the growing
of seed peas. This is the best soil in the country for peas. Now the
seed houses of the country are in great need of large quantities
of seed peas, and the selling company could easily interest these
concerns to the extent of securing their financial backing. They would
no doubt buy large blocks themselves. Such an opportunity has never
been offered them--forty thousand acres under the ditch, and adequate
railroad service. This will enable the selling company to raise an
initial payment to me of $200,000. And if I guarantee the ditch and the
railroad they are in a position to make the same guarantee to settlers
to whom they may make sales in a retail way. They’ll have no difficulty
getting $100 an acre retail; and the seed houses no doubt would invest
and become real owners, thus saving the profit now paid to farmers who
grow for them under contract. Got it?”
Public-domain text, read in full here on John Shaqi.
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