Capitalists and financiers -- Fiction; Chicago (Ill.) -- Fiction; Meat industry and trade -- Fiction; Political fiction
"Van!" she kissed me with a bit of reproof. "I wish you would be more
religious."
My wife had been growing very serious of late. Under May's example she
had taken to church work and attended religious classes. She and May had
discovered lately a new preacher, who seemed a very earnest young man.
The Bible class he had formed sometimes met at our house, and Sarah
preferred to go to his church, which was a long way from our house, to
the church near by where we had a pew. It made little difference where I
was taken to church, and I was glad to have Sarah pleased with her young
preacher. So I kissed my wife good-by and hurried off, half an hour late
as it was.
There was trouble brewing. It had shown a hand some months back, darkly
and mysteriously. One day, while I was East, a man had walked into
Slocum's office, introduced himself as a Henry A. Frost, and said that
he represented some minority bondholders of the defunct London and
Chicago Company. We knew that there were a few scattered bonds
outstanding, not more than forty thousand dollars all told, but we had
never looked for trouble from them. Mr. Frost represented to Slocum that
his "syndicate" did not wish to make us trouble, but that before the
property of the London and Chicago concern was finally turned over to
our corporation he wished to effect a settlement. Slocum asked him his
figure for the bonds held by his "syndicate," believing at the worst
that Frost would demand little more than the cash price of fifty. To his
astonishment the man wanted par and interest, and when Slocum laughed at
his proposal, he threw out hints of trouble that might come if his
"syndicate" were not satisfied.
Slocum referred the matter to me, and advised me to seek some compromise
with Frost. "For," he said, "our record is not altogether clear in that
transaction," referring to the sum we had paid for services to the
treasurer of the bankrupt corporation. This move on the part of Frost
and his associates was blackmail, of course, but the lawyer advised
compromise. It would have been the wise thing to do; but having
succeeded so far, I felt my oats too much to be held up in this fashion.
I refused peremptorily to deal with the man, and Slocum intimated to
him, when he called for a reply, that we would not consider giving him
more than the other bondholders had received; namely, fifty per cent of
the par value of the bonds he held in new bonds. Frost went off, and we
had heard nothing more from him.
Public-domain text, read in full here on John Shaqi.
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