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Updated: May 1, 2025
Out of the cash-drawers of his various companies he took immense sums, temporary loans, as it were, which later he had charged by his humble servitors to "construction," "equipment," or "operation." He was like a canny wolf prowling in a forest of trees of his own creation. The weak note in this whole project of elevated lines was that for some time it was destined to be unprofitable.
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