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
Percival informed himself minutely as to the values of the different
mining properties, railroad and other securities. A group of the
lesser-paying mines was disposed of to an English syndicate, the
proceeds being retained for the stock deal. All but the best paying of
the railroad, smelting, and land-improvement securities were also
thrown on the market.
The experience was a valuable one to the young man, enlarging greatly
his knowledge of affairs, and giving him a needed insight into the
methods by which the fortune had been accumulated.
"That was a slow, clumsy, old-fashioned way to make money," he declared
to Coplen. "Nowadays it's done quicker."
His grasp of details delighted Uncle Peter and surprised Coplen.
"I didn't know but he might be getting plucked," said Coplen to the old
man, "with all that money being drawn out so fast. If I hadn't known
you were with him, I'd have taken it on myself to find out something
about his operations. But he's all right, apparently. He had a scent
like a hound for those dead-wood properties--got rid of them while we
would have been making up our minds to. That boy will make his way
unless I'm mistaken. He has a head for detail."
"I'll make him a bigger man than his pa was yet," declared Uncle Peter.
"But I wouldn't want to let on that I'd had anything to do with it.
He'll think he's done it all himself, and it's right he should. It
stimulates 'em. Boys of his age need just about so much conceit, and it
don't do to take it out of 'em."
Reports of the most encouraging character came from Burman. The deal in
corn was being engineered with a riper caution than had been displayed
in the ill-fated wheat deal of the spring before.
"Burman's drawn close up to a million already," said Percival to Uncle
Peter, "and now he wants me to stand ready for another million."
"Is Burman," asked Uncle Peter, "that young fellow that had a habit of
standin' pat on a pair of Jacks, and then bettin' everybody off the
board?"
"Yes, that was Burman."
"Well, I liked his ways. I should say he could do you a whole lot of
good in a corn deal."
"It certainly does look good--and Burman has learned the ropes and
spars. They're already calling him the 'corn-king' out on the Chicago
Board of Trade."
"Use your own judgment," Uncle Peter urged him. "You're the one that
knows all about these things. My Lord! how you ever _do_ manage to keep
things runnin' in your head gets me. If you got confidence in Burman,
all I can say is--well, your pa was a fine judge of men, and I don't
see why you shouldn't have the gift."
"Between you and me, Uncle Peter, I _am_ a good judge of human nature,
and I know this much about Burman: when he does win out he'll win big.
And I think he's going to whipsaw the market to a standstill this time,
for sure. Here's a little item from this morning's paper that sounds
right, all along the line."
"COPPER, CORN, AND CORDAGE.
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