United States or Netherlands ? Vote for the TOP Country of the Week !
There was more in this conversation to the same effect, and then Stener hurried as fast as his legs could carry him to Mollenhauer's office. He was so frightened that he could scarcely breathe, and he was quite ready to throw himself on his knees before the big German-American financier and leader. Oh, if Mr. Mollenhauer would only help him! If he could just get out of this without going to jail!
"Oh," said the Senator, when Mollenhauer had finished, "that indicates a rather sharp person, doesn't it? And the certificates are not in the sinking-fund, eh?" "They're not," chimed in Butler, with considerable enthusiasm. "Well, I must say," said Simpson, rather relieved in his manner, "this looks like a rather good thing than not to me. A scapegoat possibly. We need something like this.
On the other hand, under pressure from the right parties he might be made to surrender all his street-railway holdings for a song his and Stener's. It could be bought, as usual. The defalcation if Cowperwood's failure made Stener's loan into one could be concealed long enough, Mollenhauer thought, to win.
The banks are going to call their loans unless some arrangement can be made to prevent them. No one man can do that. It will have to be a combination of men. You and Mr. Simpson and Mr. Mollenhauer might do it that is, you could if you could persuade the big banking people to combine to back the market. There is going to be a raid on local street-railways all of them.
He doesn't appear to me to be workin' any game just anxious to save himself and do the square thing by me by us, if he can." Butler paused. Mollenhauer, sly and secretive himself, was apparently not at all moved by this unexpected development. At the same time, never having thought of Stener as having any particular executive or financial ability, he was a little stirred and curious.
Butler, Mollenhauer, and Simpson, he knew, made money out of contracts legal enough, though they might be looked upon as rank favoritism and also out of vast sums of money collected in the shape of taxes land taxes, water taxes, etc. which were deposited in the various banks designated by these men and others as legal depositories for city money.
The man had a rather grandiloquent manner which he never abandoned under any circumstances. "The matter that Butler was telling me about," continued Mollenhauer, "has something to do with this in a way. You know the habit our city treasurers have of loaning out their money at two per cent.?" "Yes?" said Simpson, inquiringly. "Well, Mr.
And besides it was not at all certain that Butler, Mollenhauer, and Simpson would ever hear. In this connection, there was another line, which he rode on occasionally, the Seventeenth and Nineteenth Street line, which he felt was a much more interesting thing for him to think about, if he could raise the money.
Stener stood there ridiculously meditating when, as a matter of fact, his very financial blood was oozing away. Yet he was afraid to act. He was afraid of Mollenhauer, afraid of Cowperwood, afraid of life and of himself. The thought of panic, loss, was not so much a definite thing connected with his own property, his money, as it was with his social and political standing in the community.
You can go into the market and buy his stocks. I wouldn't be surprised if he would run to you and ask you to take them. You ought to get Mollenhauer and Simpson to scare Stener so that he won't loan Cowperwood any more money. If you don't, Cowperwood will run there and get more. Stener's in too far now.
Word Of The Day