Capitalists and financiers -- Fiction; Psychological fiction
And did Mr. Jacob Borchardt write the letters to which his name was
attached? He did not. Mr. Abner Sengstack wrote them in Mr.
Mollenhauer’s office, and Mr. Mollenhauer’s comment when he saw them
was that he thought they would do—that they were very good, in fact.
And did Mr. George W. Stener, city treasurer of Philadelphia, write
that very politic reply? He did not. Mr. Stener was in a state of
complete collapse, even crying at one time at home in his bathtub. Mr.
Abner Sengstack wrote that also, and had Mr. Stener sign it. And Mr.
Mollenhauer’s comment on that, before it was sent, was that he thought
it was “all right.” It was a time when all the little rats and mice
were scurrying to cover because of the presence of a great, fiery-eyed
public cat somewhere in the dark, and only the older and wiser rats
were able to act.
Indeed, at this very time and for some days past now, Messrs.
Mollenhauer, Butler, and Simpson were, and had been, considering with
Mr. Pettie, the district attorney, just what could be done about
Cowperwood, if anything, and in order to further emphasize the blame in
that direction, and just what defense, if any, could be made for
Stener. Butler, of course, was strong for Cowperwood’s prosecution.
Pettie did not see that any defense could be made for Stener, since
various records of street-car stocks purchased for him were spread upon
Cowperwood’s books; but for Cowperwood—“Let me see,” he said. They were
speculating, first of all, as to whether it might not be good policy to
arrest Cowperwood, and if necessary try him, since his mere arrest
would seem to the general public, at least, positive proof of his
greater guilt, to say nothing of the virtuous indignation of the
administration, and in consequence might tend to divert attention from
the evil nature of the party until after election.
So finally, on the afternoon of October 26, 1871, Edward Strobik,
president of the common council of Philadelphia, appeared before the
mayor, as finally ordered by Mollenhauer, and charged by affidavit that
Frank A. Cowperwood, as broker, employed by the treasurer to sell the
bonds of the city, had committed embezzlement and larceny as bailee. It
did not matter that he charged George W. Stener with embezzlement at
the same time. Cowperwood was the scapegoat they were after.
Chapter XXXIV
Public-domain text, read in full here on John Shaqi.
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