Capitalists and financiers -- Fiction; Chicago (Ill.) -- Fiction; Psychological fiction
“Mr. Cowperwood,” began Stackpole, “in this bag I have fifteen thousand
shares of American Match, par value one million five hundred thousand
dollars, market value three million three hundred thousand at this
moment, and worth every cent of three hundred dollars a share and more.
I don’t know how closely you have been following the developments of
American Match. We own all the patents on labor-saving machines and,
what’s more, we’re just about to close contracts with Italy and France
to lease our machines and processes to them for pretty nearly one
million dollars a year each. We’re dickering with Austria and England,
and of course we’ll take up other countries later. The American Match
Company will yet make matches for the whole world, whether I’m
connected with it or not. This silver agitation has caught us right in
mid-ocean, and we’re having a little trouble weathering the storm. I’m
a perfectly frank man when it comes to close business relations of this
kind, and I’m going to tell you just how things stand. If we can scull
over this rough place that has come up on account of the silver
agitation our stock will go to three hundred before the first of the
year. Now, if you want to take it you can have it outright at one
hundred and fifty dollars—that is, providing you’ll agree not to throw
any of it back on the market before next December; or, if you won’t
promise that” (he paused to see if by any chance he could read
Cowperwood’s inscrutable face) “I want you to loan me one hundred and
fifty dollars a share on these for thirty days at least at ten or
fifteen, or whatever rate you care to fix.”
Cowperwood interlocked his fingers and twiddled his thumbs as he
contemplated this latest evidence of earthly difficulty and
uncertainty. Time and chance certainly happened to all men, and here
was one opportunity of paying out those who had been nagging him. To
take this stock at one-fifty on loan and peddle it out swiftly and
fully at two-twenty or less would bring American Match crumbling about
their ears. When it was selling at one-fifty or less he could buy it
back, pocket his profit, complete his deal with Mr. Stackpole, pocket
his interest, and smile like the well-fed cat in the fable. It was as
simple as twiddling his thumbs, which he was now doing.
“Who has been backing this stock here in Chicago besides yourself and
Mr. Hull?” he asked, pleasantly. “I think that I already know, but I
should like to be certain if you have no objection.”
“None in the least, none in the least,” replied Mr. Stackpole,
accommodatingly. “Mr. Hand, Mr. Schryhart, Mr. Arneel, and Mr.
Merrill.”
“That is what I thought,” commented Cowperwood, easily. “They can’t
take this up for you? Is that it? Saturated?”
Public-domain text, read in full here on John Shaqi.
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