Capitalists and financiers -- Fiction; Chicago (Ill.) -- Fiction; Psychological fiction
Who could resist? Starve and beat a dog on the one hand; wheedle, pet,
and hold meat in front of it on the other, and it can soon be brought
to perform. Cowperwood knew this. His emissaries for good and evil were
tireless. In the end—and it was not long in coming—the directors and
chief stockholders of the Chicago West Division Company succumbed; and
then, ho! the sudden leasing by the Chicago West Division Company of
all its property—to the North Chicago Street Railway Company, lessee in
turn of the Chicago City Passenger Railway, a line which Cowperwood had
organized to take over the Washington Street tunnel. How had he
accomplished it? The question was on the tip of every financial tongue.
Who were the men or the organization providing the enormous sums
necessary to pay six hundred dollars per share for six hundred and
fifty shares of the twelve hundred and fifty belonging to the old West
Division company, and thirty per cent. per year on all the remainder?
Where was the money coming from to cable all these lines? It was simple
enough if they had only thought. Cowperwood was merely capitalizing the
future.
Before the newspapers or the public could suitably protest, crowds of
men were at work day and night in the business heart of the city, their
flaring torches and resounding hammers making a fitful bedlamic world
of that region; they were laying the first great cable loop and
repairing the La Salle Street tunnel. It was the same on the North and
West Sides, where concrete conduits were being laid, new grip and
trailer cars built, new car-barns erected, and large, shining
power-houses put up. The city, so long used to the old bridge delays,
the straw-strewn, stoveless horse-cars on their jumping rails, was agog
to see how fine this new service would be. The La Salle Street tunnel
was soon aglow with white plaster and electric lights. The long streets
and avenues of the North Side were threaded with concrete-lined
conduits and heavy street-rails. The powerhouses were completed and the
system was started, even while the contracts for the changes on the
West Side were being let.
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