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
His kind letter when received had been a pleasant surprise to me.
I had known him but a few years and could not claim a very close
intimacy, though he had always been most cordial and our families
were acquainted. As I re-read his letter it seemed to me as if it
invited me to address him under just such circumstances as then
existed.
Again, and for the third time, my messenger went forth seeking for
the friend who would help a man when he is down.
The reply came promptly enough and brought me the information that
my friend did not "desire to invest in any new business."
I had not asked him to; my request was for a loan, but his answer
was all-sufficient.
Despondency followed. Where is the use? I asked myself. "To succeed
is to win fame; to fail, a crime." "The world has no use for an
unsuccessful man." Thus I gave up the attempt to raise a sum of
money that, before I made the effort, seemed but a trifle, "light
as air."
During the summer two of our Connecticut friends, who had been
members of the syndicate, between them made me a loan of six thousand
dollars, and this gave me a capital of eighty-five hundred dollars.
With this I attempted to save what I could of the enormous business
I had built up. How absurd it seemed, and yet my courage was far
from gone.
CHAPTER XXXIX
THE STRUGGLE COMMENCED
By midsummer of 1896 the liquidation of the affairs of the old
firm was practically completed; that is, in so far as related to
the conversion of our assets into cash and payment of the proceeds
to our creditors. These payments were very large, but there was
still a heavy deficiency, which I hoped in time to pay in full with
interest, gigantic as the burden seemed.
Every business day found me at my office working early and late as
I had never worked before. With but one clerk and an office-boy, a
vast amount of detail had to be undertaken by myself. Night after
night my thoughts were almost constantly on plans to keep together
the business I had established.
I was fighting an octopus. My competitors all were arrayed against
me with a force I had never before experienced. They spared no
effort to crush the man who had beaten them over and over again in
battles for commercial supremacy. It was their turn now and they
showed no mercy.
But how different was the warfare waged on me! In the days gone
by I had struck them powerful blows, straight from the shoulder;
but a foul blow?--never! No man, living or dead, can or could say
I did not fight fair. Nor did I ever press an advantage unduly or
profit by the necessities of a competitor.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account