But though the occupation of broker has become less tempting, the
promising youth has not ceased to look askance at any calling which
does not seem to foreshadow a fortune in a short time. He is only
just beginning to appreciate that we are getting down to hard pan,
so to speak, and are nearly on a level, as regards the hardships of
individual progress, with our old friends the effete civilizations.
He finds it difficult to rid himself of the “Arabian Nights’” notion
that he has merely to clap his hands to change ten dollars into a
thousand in a single year, and to transform his bachelor apartments
into a palace beautiful, with a wife, yacht, and horses, before he
is thirty-five. He shrinks from the idea of being obliged to take
seriously into account anything less than a hundred-dollar bill, and
of earning a livelihood by slow yet persistent acceptance of tens and
fives. His present ruling ambition is to be a promoter; that is, to be
an organizer of schemes, and to let others do the real work and attend
to the disgusting details. There are a great many gentry of this kind
in the field just at present. Among them is, or rather was, Lewis Pell,
as I will call him for the occasion. I don’t know exactly what he is
doing now. But he was, until lately, a promoter.
A handsome fellow was Lewis Pell. Tall, gentlemanly, and
athletic-looking, with a gracious, imposing presence and manner, which
made his rather commonplace conversation seem almost wisdom. He went
into a broker’s office after leaving college, like many other promising
young men of his time, but he was clever enough either to realize
that he was a little late, or that the promoter business offered a
more promising scope for his genius, for he soon disappeared from the
purlieus of the Stock Exchange, and the next thing we heard of him
was as the tenant of an exceedingly elaborate set of offices on the
third floor of a most expensive modern monster building. Shortly after
I read in the financial columns of the daily press that Mr. Lewis
Pell had sold to a syndicate of bankers the first mortgage and the
debenture bonds of the Light and Power Traction Company, an electrical
corporation organized under the laws of the State of New Jersey. Thirty
days later I saw again that he had sailed for Europe in order to
interest London capital in a large enterprise, the nature of which was
still withheld from the public.
Public-domain text, read in full here on John Shaqi.
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