Automobile industry and trade -- Fiction; Business -- Fiction; Fathers and sons -- Fiction; Finance -- Fiction; Young men -- Fiction
“Oh no, I have remembered what you told me about getting 'ads' for
your college paper. Well, we are going to double our capital stock.
Our stockholders are perfectly able and anxious to subscribe to the new
issue, but I want you to place some of it among your friends, since
you cannot take any yourself. A little later I hope to perfect a plan
whereby you and all the men who stay with us will be able to get some of
the stock on terms that all of you can meet. I want you, Tommy, to feel
a personal responsibility in the management of the company. You can do
it by inducing personal friends to buy a couple of thousand shares of
our stock. I have prepared a statement showing what we have done and
what we are doing, and an estimate of what we expect to do. Our books
and our plant are open for examination by any expert your friends may
want to send here. We shall have a big surplus, and the book value of
the shares will always be much more than par; but we are going to reduce
the price of our car every chance we get, and we are going to provide
for pensions and life insurance and bonuses for the men. We have no
Utopian schemes, and no more elaborate theory than the desire to make
this a permanent and continuously productive organization. I don't want
any man for a stockholder who expects the company to run its business as
he would not have the nerve or the conscience to run his own. I am going
not only to give, but to take a chance in giving. The statement I have
prepared for you here is for your guidance, that you may make my
intentions clear to your friends. You don't have to call attention to
the big fortunes that have been made in the automobile business, because
I wish you to interest only people who already are interested in Tom
Leigh.”
Tommy's feeling of relief had grown as Mr. Thompson spoke. He ceased to
think of certain dark possibilities. But there still remained one.
“I don't know whether I can sell the stock or not, Mr. Thompson.”
“I don't expect you to succeed. I only expect you to try,” Thompson
reminded him.
“Of course I'll try,” said Tommy, hastily.
“My reasons are good business reasons, Tommy, because I have your future
in mind. Can you leave to-night?”
“Yes, sir.”
“Very well.”
Tommy hesitated; then he held out his hand and said, “Good-by, Mr.
Thompson.”
“Wait a minute. Tell the cashier to let you have a hundred dollars
expense account.” Then he shook hands. “Place that stock, Tommy!” he
said.
A little later, when he said good-by to Bill Byrnes, Tommy realized for
the first time how deeply rooted in Dayton his life was. He didn't feel
that he was going home, but that he was leaving it!
CHAPTER XVII
Public-domain text, read in full here on John Shaqi.
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