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The financing of the great railroad project by which Edelweiss was to be connected with the Siberian line in the north, fell to his lot at a time when no one else could have saved the little government from heavy losses or even bankruptcy.
I think well of the central agency, which shall be a creation of the railways themselves, to provide, under the jurisdiction of the Interstate Commerce Commission, the means for financing equipment for carriers which are otherwise unable to provide their proportion of car equipment adequate to transportation needs.
The cardboard box in which it was posted also. Thank you. Now, a few more questions before you go. How much money did you provide for the revolutionaries?" "Two millions sterling." "As a gift or a loan?" "If they failed, I lost every farthing, of course. If they succeeded, I was to recoup myself by financing the new government." "But I gather that they have neither failed nor succeeded.
This city is a point at which so many lines of travel and traffic converge, that the exchange business itself must be sufficient to pay a bank's expenses. In fact it pays more, as the reports show. And then there is the larger business lending money on sound enterprises, financing industrial companies, and especially advancing money on bills of lading for goods in transit.
Plan after plan was submitted for financing, change after change was suggested, but for a time concerted action seemed almost impossible of attainment. Finally, I called upon the largest stockholder and treasurer of the company, Mr. Geo. L. Payne, in his office at the Payne Bolt Works.
A revolving loan fund should be provided for the necessary financing until these agencies shall have developed means of financing their operations through regularly constituted credit institutions. Such a bill should carry authority for raising the money, by loans or otherwise, necessary to meet the expense, as the Treasury has no surplus.
What's the matter? Couldn't you dam the river?" "Oh, yes. The Nettle River presents no serious engineering problem. I spent four months on the ground and reported it favorably, and then all of a sudden, I was informed that the project had been abandoned, at least for the present. The trouble, I presume, was in the financing. It certainly was not because of any physical obstacles."
I told him that, of course, I was financing large sums, and would require more or less discounts before the year was out. Then I came away, and meeting my two friends outside of the bank, in answer to their eager inquiries as to what had transpired, I told them that, so far as the bank officials were concerned, our way to the vaults of the bank was wide open. So ended the last scene of Act I.
Behind the smoke-clouds of great events his intriguing figure followed unseen, unheralded, influencing dynasties through his secretaries and agents one of whom was Prime Minister of a foreign kingdom and financing bankrupt states.
The Governor's "Mansion" became the plaything of the people. Percival's protests were received with amiable grins. "It's our house, boss, not yours," explained Buck Chizler, whose spare time was largely expended in the development, you might almost say, the financing, of a flower-bed on the lawn. It was to be the finest flower-bed of them all, he swore.
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