Capitalists and financiers -- Fiction; Psychological fiction
Thomas Wycroft, the last of this useful but minor triumvirate, was a
tall, lean man, candle-waxy, hollow-eyed, gaunt of face, pathetic to
look at physically, but shrewd. He was an iron-molder by trade and had
gotten into politics much as Stener had—because he was useful; and he
had managed to make some money—via this triumvirate of which Strobik
was the ringleader, and which was engaged in various peculiar
businesses which will now be indicated.
The companies which these several henchmen had organized under previous
administrations, and for Mollenhauer, dealt in meat, building material,
lamp-posts, highway supplies, anything you will, which the city
departments or its institutions needed. A city contract once awarded
was irrevocable, but certain councilmen had to be fixed in advance and
it took money to do that. The company so organized need not actually
slaughter any cattle or mold lamp-posts. All it had to do was to
organize to do that, obtain a charter, secure a contract for supplying
such material to the city from the city council (which Strobik, Harmon,
and Wycroft would attend to), and then sublet this to some actual
beef-slaughterer or iron-founder, who would supply the material and
allow them to pocket their profit which in turn was divided or paid for
to Mollenhauer and Simpson in the form of political donations to clubs
or organizations. It was so easy and in a way so legitimate. The
particular beef-slaughterer or iron-founder thus favored could not hope
of his own ability thus to obtain a contract. Stener, or whoever was in
charge of the city treasury at the time, for his services in loaning
money at a low rate of interest to be used as surety for the proper
performance of contract, and to aid in some instances the beef-killer
or iron-founder to carry out his end, was to be allowed not only the
one or two per cent. which he might pocket (other treasurers had), but
a fair proportion of the profits. A complacent, confidential chief
clerk who was all right would be recommended to him. It did not concern
Stener that Strobik, Harmon, and Wycroft, acting for Mollenhauer, were
incidentally planning to use a little of the money loaned for purposes
quite outside those indicated. It was his business to loan it.
Public-domain text, read in full here on John Shaqi.
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