Capitalists and financiers -- Fiction; Psychological fiction
It should be noted here that this proposition of Stener’s in regard to
city money had no connection with the attitude of the principal leaders
in local politics in regard to street-railway control, which was a new
and intriguing phase of the city’s financial life. Many of the leading
financiers and financier-politicians were interested in that. For
instance, Messrs. Mollenhauer, Butler, and Simpson were interested in
street-railways separately on their own account. There was no
understanding between them on this score. If they had thought at all on
the matter they would have decided that they did not want any outsider
to interfere. As a matter of fact the street-railway business in
Philadelphia was not sufficiently developed at this time to suggest to
any one the grand scheme of union which came later. Yet in connection
with this new arrangement between Stener and Cowperwood, it was Strobik
who now came forward to Stener with an idea of his own. All were
certain to make money through Cowperwood—he and Stener, especially.
What was amiss, therefore, with himself and Stener and with Cowperwood
as their—or rather Stener’s secret representative, since Strobik did
not dare to appear in the matter—buying now sufficient street-railway
shares in some one line to control it, and then, if he, Strobik, could,
by efforts of his own, get the city council to set aside certain
streets for its extension, why, there you were—they would own it. Only,
later, he proposed to shake Stener out if he could. But this
preliminary work had to be done by some one, and it might as well be
Stener. At the same time, as he saw, this work had to be done very
carefully, because naturally his superiors were watchful, and if they
found him dabbling in affairs of this kind to his own advantage, they
might make it impossible for him to continue politically in a position
where he could help himself just the same. Any outside organization
such as a street-railway company already in existence had a right to
appeal to the city council for privileges which would naturally further
its and the city’s growth, and, other things being equal, these could
not be refused. It would not do for him to appear, however, both as a
shareholder and president of the council. But with Cowperwood acting
privately for Stener it would be another thing.
Public-domain text, read in full here on John Shaqi.
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