The Spenders: A Tale of the Third GenerationWilson, Harry Leon
General
The Spenders: A Tale of the Third Generation
Wilson, Harry Leon
Inheritance and succession -- Fiction; United States -- Social life and customs -- Fiction
He stopped in his walk.
"I gave it hardly any thought at the time, but now it looks bigger than
a mountain. I know just the things to start in on systematically. Now
don't breathe a word of this, but there's a big deal on in Consolidated
Copper. I happened on to the fact in a queer way the other night.
There's a broker I've known down-town--fellow by the name of Relpin.
Met him last summer. He does most of Shepler's business; he's supposed
to be closer to Shepler and know more about the inside of his deals
than any man in the Street. Well, I ran across Relpin down in the cafe
the other night and he was wearing one of those gents' nobby
three-button souses. Nothing would do but I should dine with him, so I
did. It was the night you and the folks went to the opera with the
Oldakers. Relpin was full of lovely talk and dark hints about a rise in
copper stock, and another rise in Western Trolley, and a bigger rise
than either of them in Union Cordage. How that fellow can do Shepler's
business and drink the stuff that makes you talk I don't see. Anyway he
said--and you can bet what he says goes--that the Consolidated is going
to control the world's supply of copper inside of three months, and the
stock is bound to kite, and so are these other two stocks; Shepler's
back of all three. The insiders are buying up now, slowly and
cautiously, so as not to start any boom prematurely. Consolidated is no
now, and it'll be up to 150 by April at the latest. The others may go
beyond that. I wasn't looking for the game at the time, so I didn't
give it any thought, but now, you see, there's our chance. We'll plunge
in those three lines before they start to rise, and be in on the ground
floor." "Now don't you be rash! That Shepler's old enough to suck eggs
and hide the shells. I heard a man say the other day copper was none
too good at no."
"Exactly. You can hear anything you're looking to hear, down there. But
I tell you this was straight. Don't you suppose Shepler knows what he's
about?--there's a boy that won't be peddling shoe-laces and gum-drops
off one of these neat little bosom-trays--not for eighty-five or
ninety-thousand years yet--and Relpin, even if he was drunk, knows
Shepler's deals like you know Skiplap. They'll bear the stocks all they
can while they're buying up. I wouldn't be surprised if the next
Consolidated dividend was reduced. That would send her down a few
points, and throw more stock on the market. Meantime, they're quietly
workin' to get control of the European mines--and as to Western Trolley
and Union Cordage--say, Relpin actually got to crying--they're so
good--he had one of those loving ones, the kind where you want to be
good to every one in the world. I'm surprised he didn't get into a
sandwich sign and patrol Broadway, giving those tips to everybody.".
Public-domain text, read in full here on John Shaqi.
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