"A very just observation, Mr. Hampden. Most things don’t get done. The
man who has the brains and will to accomplish things is the invaluable
man. It’s our main trouble in every branch of the world’s work--to find
the man with ideas and the force to carry them out. But we must show
Kendrick that he isn’t indispensable in this crisis. Did he explain to
you the state of affairs?"
"No. He could only refer me to you for details. He gave me the
authorization to represent him in the syndicate, and in his business
generally. It was all he was able to do."
"Well, the syndicate brought together a capital of ten million--I
suppose you know that."
"Yes, but I believe it was heavily drawn on in the raid of last month."
"We had to put out close to three million six hundred thousand of loans
that day, but some of it has come back since."
"Then the syndicate must have between six and seven million at its
disposal."
"Over seven, I think. Kendrick could give you the figures out of his
head--that is, before his head was broken--but I’ll have to get them
from my memoranda."
"How long do you expect that to last in a storm?"
"It ought to see us through any crisis that can arise."
"But this is a more serious occasion than the other. See our riots, and
the explosion of violence in the East. Will not these frighten our
business men far more than the rumors that set off the hub-bub of last
month?"
Coleman leaned back in his chair, his face expressing confident
cheerfulness, and his eyes magnetic with power.
"Very true," he said. "But on the other hand, the flurry of last month
shook out the weaklings. Stocks and bonds are shifted into strong
hands. Doubtful accounts have been closed out. We are in much better
shape than before the squall struck us."
"I’m glad to hear it," I said with some relief, though the thought of
Peter Bolton’s malign activities weighed on my mind, and I was tempted
to confide in William T. Coleman. But as Wharton Kendrick had kept the
matter to himself, I followed his example, and continued: "I believe the
interests of Mr. Kendrick can best be served by sustaining the markets
and preventing failures. But as to details, I should like your advice."
"Well, I will read you the memorandum made at our meeting of the other
night of the men and firms who are likely to need help, and the amounts
it would probably be safe to lend them." And Mr. Coleman brought a
sheet of paper from his desk and interpreted the cabalistic signs that
covered it. The freedom with which the names of banks, business houses
and individuals had been handled would have created a sensation if the
paper had been published. "And here is a list of the men who have had
advances," he said, taking out another sheet and reading off names and
figures.
I noted down the list for reference and study.
"Do you think," asked Coleman, "that Kendrick will be able to get down
to-morrow?"
"No, the doctor said it would be impossible."
Public-domain text, read in full here on John Shaqi.
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