The Making of Bobby Burnit: Being a Record of the Adventures of a Live American Young ManChester, George Randolph
General
The Making of Bobby Burnit: Being a Record of the Adventures of a Live American Young Man
Chester, George Randolph
Businessmen -- Fiction; Love stories; Young men -- Fiction
Upon that same afternoon Bobby started to buy up, here and there,
nearly the entire stock of the Brightlight, purchasing it at an
absurdly low price. Then he went to De Graff, to Dan Elliston, and to
others to whose discretion he could trust. His own plans were well
under way when the Consolidated Illuminating and Power Company
announced, with a great flourish of trumpets, its new bond issue. The
_Bulletin_ made no comment upon this. It merely published the news
fact briefly and concisely--an unexpected attitude, which brought
surprise, then wonder, then suspicion to the office of the
_Chronicle_. The _Chronicle_ had been a Stone organ during the heydey
of Stone's prosperity; the _Bulletin_ had fought the Consolidated
tooth and toe-nail; the already criminally overcapitalized
Consolidated was about to float a new bond issue; the _Bulletin_ did
not fight this issue; _ergo_, the _Bulletin_ must have something to
gain by the issue.
The _Chronicle_ waited three days, then began to fight the bond issue
itself, which was precisely the effect for which Bobby had planned.
Grown astute, Bobby realized that if the bond issue failed the
Consolidated would go bankrupt at once instead of a year or so later.
The newspaper, however, which would force that bankruptcy would, by
that act, be the apparent means of losing a vast amount of money to
the poor investors of the town, and Bobby left that ungrateful task to
the _Chronicle_. He even went so far as to defend the Consolidated in
a mild sort of manner, a proceeding which fanned the _Chronicle_ into
fresh fury.
For three months desperate attempts were made by the Consolidated to
make the new bonds attractive to the public, but less than one hundred
thousand dollars was subscribed. Bobby was tabulating the known
results of this subscription with much satisfaction one morning when
Ferris walked into his office.
"I hope you didn't come into town to dig up another scandal, old man,"
said Bobby, greeting his contractor-friend with keen pleasure.
"No," said Ferris; "came in to give you a bit of news. The Great
Eastern and Western Railroad wants to locate its shop here, and is
building by private bid. I have secured the contract, subject to
certain alterations of price for distance of hauling and difficulty of
excavation; but the thing is liable to fall through for lack of a
location. They can't get the piece of property they are after, and
there is only one other one large enough and near enough to the city.
The chief engineer and I are going out to look at it again to-day.
Come with us. If we decide that the property will do, and if we can
secure it, you may have an exclusive news-item that would be very
pretty, I should judge." And Ferris smiled at some secret joke.
"I'll go with pleasure," said Bobby, "and not by any means just for
the news. When do you want to go?"
"Oh, right away, I guess. I'll telephone to Shepherd and have him
order a rig."
Public-domain text, read in full here on John Shaqi.
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