Capitalists and financiers -- Fiction; Psychological fiction
Stener kicked his stout legs to straighten his trousers, and extended
his hand. He strolled out in the street thinking of this new scheme.
Certainly, if he could get in with Cowperwood right he would be a rich
man, for Cowperwood was so successful and so cautious. His new house,
this beautiful banking office, his growing fame, and his subtle
connections with Butler and others put Stener in considerable awe of
him. Another line! They would control it and the North Pennsylvania!
Why, if this went on, he might become a magnate—he really might—he,
George W. Stener, once a cheap real-estate and insurance agent. He
strolled up the street thinking, but with no more idea of the
importance of his civic duties and the nature of the social ethics
against which he was offending than if they had never existed.
Chapter XXII
The services which Cowperwood performed during the ensuing year and a
half for Stener, Strobik, Butler, State Treasurer Van Nostrand, State
Senator Relihan, representative of “the interests,” so-called, at
Harrisburg, and various banks which were friendly to these gentlemen,
were numerous and confidential. For Stener, Strobik, Wycroft, Harmon
and himself he executed the North Pennsylvania deal, by which he became
a holder of a fifth of the controlling stock. Together he and Stener
joined to purchase the Seventeenth and Nineteenth Street line and in
the concurrent gambling in stocks.
By the summer of 1871, when Cowperwood was nearly thirty-four years of
age, he had a banking business estimated at nearly two million dollars,
personal holdings aggregating nearly half a million, and prospects
which other things being equal looked to wealth which might rival that
of any American. The city, through its treasurer—still Mr. Stener—was a
depositor with him to the extent of nearly five hundred thousand
dollars. The State, through its State treasurer, Van Nostrand, carried
two hundred thousand dollars on his books. Bode was speculating in
street-railway stocks to the extent of fifty thousand dollars. Relihan
to the same amount. A small army of politicians and political
hangers-on were on his books for various sums. And for Edward Malia
Butler he occasionally carried as high as one hundred thousand dollars
in margins. His own loans at the banks, varying from day to day on
variously hypothecated securities, were as high as seven and eight
hundred thousand dollars. Like a spider in a spangled net, every thread
of which he knew, had laid, had tested, he had surrounded and entangled
himself in a splendid, glittering network of connections, and he was
watching all the details.
Public-domain text, read in full here on John Shaqi.
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