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The thing to do was to return what they owed, and then, at least, no charge of malfeasance would lie against them. "Go to Mollenhauer," Strobik had advised Stener, shortly after Cowperwood had left the latter's office, "and tell him the whole story. He put you here. He was strong for your nomination. Tell him just where you stand and ask him what to do. He'll probably be able to tell you.
But, as in the case of the North Pennsylvania line, Cowperwood had been quietly buying all of the small minority holdings, so that he had in reality fifty-one per cent. of the stock, and Stener twenty-five per cent. more.
Stener's testimony, in one respect, was most important, for it made plain what Cowperwood did not want brought out namely, that he and Stener had had a dispute before this; that Stener had distinctly told Cowperwood that he would not loan him any more money; that Cowperwood had told Stener, on the day before he secured this check, and again on that very day, that he was in a very desperate situation financially, and that if he were not assisted to the extent of three hundred thousand dollars he would fail, and that then both he and Stener would be ruined.
Rumors were floating about in Third Street that in addition to having failed for so large an amount as to have further unsettled the already panicky financial situation induced by the Chicago fire, Cowperwood and Stener, or Stener working with Cowperwood, or the other way round, had involved the city treasury to the extent of five hundred thousand dollars.
There was only one fly in the ointment, so far as some of the politicians were concerned, and that was that if Cowperwood were convicted, Stener must needs be also. There was no escape in so far as any one could see for the city treasurer. If Cowperwood was guilty of securing by trickery sixty thousand dollars' worth of the city money, Stener was guilty of securing five hundred thousand dollars.
"Butler is down on him," Strobik said to Desmas, on one occasion. "It's that girl of his that's at the bottom of it all. If you listened to Butler you'd feed him on bread and water, but he isn't a bad fellow. As a matter of fact, if George had had any sense Cowperwood wouldn't be where he is to-day. But the big fellows wouldn't let Stener alone. They wouldn't let him give Cowperwood any money."
Wheat does interfere. I will be glad to undertake to see what can be done with the papers." "Well, that bein' the case," said Butler, "I don't see that there's so much more we can do now; but I do think it will be a mistake if Cowperwood isn't punished with the other one. He's equally guilty with Stener, if not more so, and I for one want to see him get what he deserves.
Certainly there isn't anybody that I would have trusted as much. I don't like lawyers you know." "Yes well," said Steger, "they've got nothing on financiers, so we'll call it even." And they shook hands. So when it was finally decided to pardon Stener, which was in the early part of March, 1873 Cowperwood's pardon was necessarily but gingerly included.
Anything very strange? Has it been testified here to-day that Mr. Cowperwood was not the agent of the city for the transaction of just such business as he said on that occasion that he had transacted? Did any one say here on the witness-stand that he had not bought city loan as he said he had? "Why is it then that Mr. Stener charges Mr.
Stener says Mr. Cowperwood said to him. I, for my part, haven't a doubt in the world that he did. Mr.
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