Gilmer raised his brows. "I understand that. But after all, the only
difference would be--"
Arch grinned. He was enjoying himself now. On a dark day some years
ago, he had tried to raise a bank loan and had failed for lack of
collateral and credit rating and his refusal to subject any friend to
co-signing. Ever since, he had indulged daydreams about having finance
come crawling to him. The reality was intoxicating.
"No," he repeated. "That's all I want to say about it, too. The income
from capacitite will be quite enough for us. If you want to discuss a
license to manufacture, go ahead."
"Hrm! As you wish." Gilmer smoothed the coldness out of his voice.
"Maybe you'll change your mind later. If so, feel free to call on me
anytime. Now, for an assignment of rights, I think a sum of fifty
thousand dollars could be arranged--"
Elizabeth drooped lids over startlingly blue eyes. "As an initial
payment, perhaps," she said gently. "But think what a royalty of, say,
ten cents a pound would add up to even in a year."
"Oh, yes, that would be negotiated too," said Gilmer. "However, you
realize manufacture could not start immediately, and would in any case
be on a smaller scale than you perhaps think."
"Eh?" Arch sat bolt upright. "What do you mean? Why, this stuff is
going to revolutionize not only electronics, but all power--dammit,
everything!"
"Dr. Arch," said Gilmer regretfully, "you must not have considered the
matter of capital investment. Do you know how many billions of dollars
are sunk in generators, dams, lines, motors--"
"Gasoline," said Elizabeth. "We've thought of that angle too."
"We _can't_ throw all that in the discard!" went on Gilmer earnestly.
He seemed more human, all at once. "It may take twenty years to recover
the investment in, say, a local transmission network. The company would
go broke overnight if that investment were suddenly made valueless.
Millions of people would be thrown out of work. Millions more would
lose their savings in stocks and bonds--"
"I always said stocks were a mug's game," interrupted Arch. "If the two
or three shares owned by the widow and orphan you're leading up to go
blooey, it won't break her. For years, now, I've had ads dinning the
wonders of the present economic system into my ears. One of its main
features, I'm told, is progress. All right, here's a chance to leap a
hundred years ahead. Let's see you take it."
Gilmer's pink cheeks reddened. "I'm afraid you still don't understand,"
he replied. "We have a responsibility. The world is watching us. Just
imagine what those British Socialists would say if--"
"If you're against socialism," said Elizabeth with a laugh, "why not
start at home? Public schools and federal highways, for instance.
I fail to see where personal liberty is necessarily tied to any
particular method of distribution."
Public-domain text, read in full here on John Shaqi.
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