American fiction -- 19th century; Mines and mineral resources -- Fiction
But the spirit of the murdered Concho would not down any more than
that of the murdered Banquo, and so wrought, no doubt, in a quiet,
Concho-like way, sore trouble with the “Blue Mass Company.” For a great
Capitalist and Master of Avarice came down to the mine and found it
fair, and taking one of the Company aside, offered to lend his name and
a certain amount of coin for a controlling interest, accompanying the
generous offer with a suggestion that if it were not acceded to he would
be compelled to buy up various Mexican mines and flood the market with
quicksilver to the great detriment of the “Blue Mass Company,” which
thoughtful suggestion, offered by a man frequently alluded to as one of
“California's great mining princes,” and as one who had “done much to
develop the resources of the State,” was not to be lightly considered;
and so, after a cautious non-consultation with the Company, and a
commendable secrecy, the stockholder sold out. Whereat it was speedily
spread abroad that the great Capitalist had taken hold of “Blue Mass,”
and the stock went up, and the other stockholders rejoiced--until the
great Capitalist found that it was necessary to put up expensive mills,
to employ a high salaried Superintendent, in fact, to develop the mine
by the spending of its earnings, so that the stock quoted at 112 was
finally saddled with an assessment of $50 per share. Another assessment
of $50 to enable the Superintendent to proceed to Russia and Spain and
examine into the workings of the quicksilver mines there, and also a
general commission to the gifted and scientific Pillageman to examine
into the various component parts of quicksilver, and report if it could
not be manufactured from ordinary sand-stone by steam or electricity,
speedily brought the other stockholders to their senses. It was at
this time the good fellow “Tom,” the serious-minded “Dick,” and the
speculative but fortunate “Harry,” brokers of the Great Capitalist,
found it convenient to buy up, for the Great Capitalist aforesaid, the
various other shares at great sacrifice.
I fear that I have bored my readers in thus giving the tiresome details
of that ingenuous American pastime which my countrymen dismiss in their
epigrammatic way as the “freezing-out process.” And lest any reader
should question the ethics of the proceeding, I beg him to remember that
one gentleman accomplished in this art was always a sincere and direct
opponent of the late Mr. John Oakhurst, gambler.
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.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account