Capitalists and financiers -- Fiction; Chicago (Ill.) -- Fiction; Psychological fiction
When Cowperwood next came to McKenty’s house the latter was in a
receptive frame of mind. “Well,” he said, after a few genial
preliminary remarks, “I’ve been learning what’s going on. Your
proposition is fair enough. Organize your company, and arrange your
plan conditionally. Then introduce your ordinance, and we’ll see what
can be done.” They went into a long, intimate discussion as to how the
forthcoming stock should be divided, how it was to be held in escrow by
a favorite bank of Mr. McKenty’s until the terms of the agreement under
the eventual affiliation with the old companies or the new union
company should be fulfilled, and details of that sort. It was rather a
complicated arrangement, not as satisfactory to Cowperwood as it might
have been, but satisfactory in that it permitted him to win. It
required the undivided services of General Van Sickle, Henry De Soto
Sippens, Kent Barrows McKibben, and Alderman Dowling for some little
time. But finally all was in readiness for the coup.
On a certain Monday night, therefore, following the Thursday on which,
according to the rules of the city council, an ordinance of this
character would have to be introduced, the plan, after being publicly
broached but this very little while, was quickly considered by the city
council and passed. There had been really no time for public
discussion. This was just the thing, of course, that Cowperwood and
McKenty were trying to avoid. On the day following the particular
Thursday on which the ordinance had been broached in council as certain
to be brought up for passage, Schryhart, through his lawyers and the
officers of the old individual gas companies, had run to the newspapers
and denounced the whole thing as plain robbery; but what were they to
do? There was so little time for agitation. True the newspapers,
obedient to this larger financial influence, began to talk of “fair
play to the old companies,” and the uselessness of two large rival
companies in the field when one would serve as well. Still the public,
instructed or urged by the McKenty agents to the contrary, were not
prepared to believe it. They had not been so well treated by the old
companies as to make any outcry on their behalf.
Standing outside the city council door, on the Monday evening when the
bill was finally passed, Mr. Samuel Blackman, president of the South
Side Gas Company, a little, wispy man with shoe-brush whiskers,
declared emphatically:
“This is a scoundrelly piece of business. If the mayor signs that he
should be impeached. There is not a vote in there to-night that has not
been purchased—not one. This is a fine element of brigandage to
introduce into Chicago; why, people who have worked years and years to
build up a business are not safe!”
Public-domain text, read in full here on John Shaqi.
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