During the next two or three years I ran across Pell on several
occasions. He seemed always to be living at the highest pressure,
but the brilliancy of his career had not impaired his good manners
or attractiveness. I refer to his career as brilliant at this time
because both his operations and the consequent style of living which
he pursued, as described by him on two different evenings when I
dined with him, seemed to me in my capacity of ordinary citizen to
savor of the marvellous, if not the supernatural. He frankly gave me
to understand that it seemed to him a waste of time for an ambitious
man to pay attention to details, and that his business was to
originate vast undertakings, made possible only by large combinations
of corporate or private capital. The word combination, which was
frequently on his lips, seemed to be the corner-stone of his system. I
gathered that the part which he sought to play in the battle of life
was to breathe the breath, or the apparent breath, of existence into
huge schemes, and after having given them a quick but comprehensive
squeeze or two for his own pecuniary benefit, to hand them over to
syndicates, or other aggregations of capitalists, for the benefit of
whom they might concern. He confided to me that he employed eleven
typewriters; that he had visited London seven, and Paris three times,
in the last three years, on flying trips to accomplish brilliant deals;
that though his headquarters were in New York, scarcely a week passed
in which he was not obliged to run over to Chicago, Boston, Washington,
Denver, Duluth, or Cincinnati, as the case might be. Without being
boastful as to his profits, he did not hesitate to acknowledge to me
that if he should do as well in the next three years as in the last, he
would be able to retire from business with a million or so.
Apart from this confession, his personal extravagance left no room for
doubt that he must be very rich. Champagne flowed for him as Croton
or Cochituate for most of us, and it was evident from his language
that the hiring of special trains from time to time was a rather less
serious matter than it would be for the ordinary citizen to take a
cab. The account that he gave of three separate entertainments he
had tendered to syndicates--of ten, twelve, and seventeen covers
respectively, at twenty dollars a cover--fairly made my mouth water and
my eyes stick out, so that I felt constrained to murmur, “Your profits
must certainly be very large, if you can afford that sort of thing.”
Public-domain text, read in full here on John Shaqi.
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