After that, some of the younger engineers felt like throwing themselves
into the wicked river, but the biggest engineer of all never lost his
faith. He sent upstream and brought down a whole Spanish Armada of clumsy
scows, each heaped high with sticky clay. That clay--in thousands of cubic
yards--made a new river-bottom and the tunnel shields went forward.
There were other obstacles and discouragements, almost an infinite array
of them, to be surmounted, but this railroad president had steeled his
mind to the accomplishment of that terminal. In the making of it he gave
his life. When the day came for the drafts upon the railroad's treasury,
mounting higher and higher, he was cheer; when bad news came from the
burrowing engineers, he was courage; when timid stockholders and directors
began to worry, he was comfort. He gave of his vitality to the
organization, to the making of the terminal, until the day came when he
gave too much--and his life went out while he was still like a mighty king
in battle. He did not live to see the classic lines of the great station
building. As he stands in the waiting-room, he stands in bronze. Those
bronze eyes are powerless to see the splendid fruition of his endeavors.
That sort of thing--heroic courage and death-bringing devotion to an
enterprise--repeats itself now and then among the executives of the
railroads. When the panic of 1907 reached high tide, there was a certain
railroad president who, like his fellows, viewed it with no little alarm.
He had lunched with a big steel man, the kind the newspapers like to call
a magnate, and the steel man had scared him. The company for which the
former labored was going to close half a dozen of its plants--was going to
throw some thousands of poorly provided men out of work.
The railroad president took that bad news back to his comfortable office;
at night it travelled with him in his automobile to his big and showy
house. It would hit his company hard in its heavy tonnage district, but
that was only a single phase of the situation. He thought of things
becoming more disjointed when the news became public--before that week had
run its course. That night the president made up his mind to take a big
step. It was risky business, but he thought it worth the risk.
He sent for the steel man in the morning and asked him what was the best
price he could make for his product. The steel man cut his regular profit
in half, but the president was not satisfied.
"You'll have to show me a better margin than that," he said.
"We'll eliminate profits," said the steel man, "and give you the stuff at
cost, to save shutting down our plant."
"Is that the best you can do?" persisted the president.
Public-domain text, read in full here on John Shaqi.
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