Gorham held up a protesting hand. "Let me save you from using so ugly a
word as you have in mind, Senator. You are fully justified in having
this thought suggest itself to you--such is the business code of morals
of to-day. Yet I consider myself an idealist, and the whole plan on
which the Consolidated Companies is based a moral one. I must have
succeeded in convincing these men, whose characters are admittedly above
reproach, or they could not have been persuaded to become associated
with our corporation."
"Idealism, monopoly, and self-interest seem ill-mated partners, Mr.
Gorham."
"Must monopoly and self-interest always be translated into selfishness
and oppression?"
"As far as I have observed they always have been," Kenmore asserted.
"Perhaps so; but must they necessarily be so exercised? Is it not
possible to control these human instincts to the extent of producing
beneficent results?"
The Senator considered. "I cannot conceive it to be even within the
bounds of possibility."
"Then, unless I can convince you to the contrary, I shall cheerfully
withdraw my proposition," Gorham replied, with decision. "You will
admit, I feel sure, that were I to eliminate self-interest the great
consolidation which we are discussing could not exist."
"Absolutely."
"Will you also admit the possibility--I do not yet say probability--of
conducting an organization such as the Consolidated Companies along
lines which might be for the public good?"
"Provided the public received the benefits of such economies as your
consolidations effected."
"Precisely--or even a part of these economies. Now, many of our
stockholders, whose names you see on that list, are in positions of
trust. Our directors have endeavored to select only those whose
reputations guarantee the honorable observance of their
responsibilities."
"Then how can they serve the Consolidated Companies?"
"Let me explain more clearly," Gorham continued. "A franchise for a
street railway expires--here in Washington, in Chicago, in London, or in
Vienna. Those who are influential in awarding the new franchise are
among our stockholders. It is to their self-interest, truly, to place
the franchise in the hands of the Consolidated Companies, but it is also
to the best interests of the public, who, after all, are most concerned,
because the Companies is equipped with men and funds to give them
greater efficiency or cheaper transportation than any smaller
organization could possibly afford to do. In awarding us the franchise,
therefore, these officials are in no way proving themselves false to
their trust."
Gorham studied the half-averted face of his companion carefully before
he proceeded. "Do you follow me?"
"Perfectly, although not wholly sympathetically," the Senator replied.
Public-domain text, read in full here on John Shaqi.
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