Capitalists and financiers -- Fiction; Chicago (Ill.) -- Fiction; Psychological fiction
Not long after Cowperwood’s accession to control on the West Side, for
instance, a contest took place between his corporation and a citizen by
the name of Redmond Purdy—real-estate investor, property-trader, and
money-lender—which set Chicago by the ears. The La Salle and Washington
Street tunnels were now in active service, but because of the great
north and south area of the West Side, necessitating the cabling of Van
Buren Street and Blue Island Avenue, there was need of a third tunnel
somewhere south of Washington Street, preferably at Van Buren Street,
because the business heart was thus more directly reached. Cowperwood
was willing and anxious to build this tunnel, though he was puzzled how
to secure from the city a right of way under Van Buren Street, where a
bridge loaded with heavy traffic now swung. There were all sorts of
complications. In the first place, the consent of the War Department at
Washington had to be secured in order to tunnel under the river at all.
Secondly, the excavation, if directly under the bridge, might prove an
intolerable nuisance, necessitating the closing or removal of the
bridge. Owing to the critical, not to say hostile, attitude of the
newspapers which, since the La Salle and Washington tunnel grants, were
following his every move with a searchlight, Cowperwood decided not to
petition the city for privileges in this case, but instead to buy the
property rights of sufficient land just north of the bridge, where the
digging of the tunnel could proceed without interference.
The piece of land most suitable for this purpose, a lot 150 x 150,
lying a little way from the river-bank, and occupied by a seven-story
loft-building, was owned by the previously mentioned Redmond Purdy, a
long, thin, angular, dirty person, who wore celluloid collars and cuffs
and spoke with a nasal intonation.
Cowperwood had the customary overtures made by seemingly disinterested
parties endeavoring to secure the land at a fair price. But Purdy, who
was as stingy as a miser and as incisive as a rat-trap, had caught wind
of the proposed tunnel scheme. He was all alive for a fine profit. “No,
no, no,” he declared, over and over, when approached by the
representatives of Mr. Sylvester Toomey, Cowperwood’s ubiquitous
land-agent. “I don’t want to sell. Go away.”
Public-domain text, read in full here on John Shaqi.
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