The Romance and Tragedy of a Widely Known Business Man of New YorkRussell, William Ingraham
General
The Romance and Tragedy of a Widely Known Business Man of New York
Russell, William Ingraham
Businessmen -- New York (State) -- New York -- Biography; Russell, William Ingraham
Those men held up before the world as models of Christian piety, who
never missed a church service, whose names appeared in the papers
as subscribers to charitable and mission funds; those Sunday-school
teachers who would not have in their homes on the Sabbath day
a newspaper, who would not take a glass of wine at dinner because
of the example to their boys, and yet in their efforts to injure a
business rival never hesitated to break the Ninth Commandment--not
in words, oh no, too cautious for that, nothing that one could
put his finger on; but the shrug of the shoulder, the significant
raising of the eye-brows, the insinuation, the little hint to
unsettle confidence. Bah! on such Christianity.
And now those men were to train their guns on me.
I had been twenty years in the trade and knew how others had fared.
I grant, in many cases, it was tit-for-tat, the man injured had
done his best to injured others. With _few exceptions_ the entire
trade were "birds of a feather."
We had not long to wait for the first shot and it fell very flat,
the honors in that engagement all being with us.
A broker had offered us a parcel for future delivery at a price he
thought cheap and we accepted it. Later he called and said when
he gave up our name as the buyer, the seller declined to confirm
unless we would deposit with him, the seller, five thousand dollars
as security.
This concern knew we were perfectly responsible, but took this
method of discrediting us, expecting that the broker would help
the matter on by gossiping through the trade about it.
We heard his story and then said to him, "Go back and say to your
principal that we will not deposit with him one dollar; but if he
will deposit with any trust company five thousand dollars, we will
deposit twenty-five thousand against it."
The seller declined to deposit anything and the sale was cancelled.
The broker did gossip about it, but as his account of the incident
was correct, it added to our prestige.
Every now and then we would hear of something that one or another
of our competitors had intimated to our discredit, but treating
all such rumors with silent contempt, we kept up the even tenor of
our way and closed the year with a profit of seventy-two thousand
dollars.
CHAPTER XXVII
SAD HEARTS AT KNOLLWOOD
The spring of 1890 brought with it two great sorrows. Following
closely on the death of my beloved mother came the death at "Sunnyside"
of Frank Slater. The latter was unexpected in its suddenness and a
terrible shock to all his friends. I had become so deeply attached
to Frank that he seemed like a dear brother and my grief was most
profound.
The day after his death, Mr. Pell, Mrs. Slater's father, asked me
to represent the family in the settlement of the business affairs.
There was no will and there were many complications.
Public-domain text, read in full here on John Shaqi.
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