Capitalists and financiers -- Fiction; Psychological fiction
“Why, yes, George,” he said, noncommittally, “there are two or three
that offer a good chance if a man had money enough. I notice blocks of
stock being offered on ’change now and then by one person and another.
It would be good policy to pick these things up as they’re offered, and
then to see later if some of the other stockholders won’t want to sell
out. Green and Coates, now, looks like a good proposition to me. If I
had three or four hundred thousand dollars that I thought I could put
into that by degrees I would follow it up. It only takes about thirty
per cent. of the stock of any railroad to control it. Most of the
shares are scattered around so far and wide that they never vote, and I
think two or three hundred thousand dollars would control that road.”
He mentioned one other line that might be secured in the same way in
the course of time.
Stener meditated. “That’s a good deal of money,” he said, thoughtfully.
“I’ll talk to you about that some more later.” And he was off to see
Strobik none the less.
Cowperwood knew that Stener did not have any two or three hundred
thousand dollars to invest in anything. There was only one way that he
could get it—and that was to borrow it out of the city treasury and
forego the interest. But he would not do that on his own initiative.
Some one else must be behind him and who else other than Mollenhauer,
or Simpson, or possibly even Butler, though he doubted that, unless the
triumvirate were secretly working together. But what of it? The larger
politicians were always using the treasury, and he was thinking now,
only, of his own attitude in regard to the use of this money. No harm
could come to him, if Stener’s ventures were successful; and there was
no reason why they should not be. Even if they were not he would be
merely acting as an agent. In addition, he saw how in the manipulation
of this money for Stener he could probably eventually control certain
lines for himself.
Public-domain text, read in full here on John Shaqi.
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