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Updated: June 16, 2025
"You know how much Premix meant to him." "That's idiotic!" Cabot's voice was openly scornful, now, and he seemed a little angry that Rand should believe such a story, as though his confidence in his friend's intelligence had been betrayed. "Good Lord, Jeff, where did you ever hear a yarn like that?" "Quote, usually well-informed sources, unquote."
"Oh, that's what's always heard, under the circumstances," Rand shrugged. "A certain type of sensation-loving mind..." "Mr. Rand, there is not one scintilla of truth in any of these scurrilous stories!" Goode declared, pumping up a fine show of indignation. "The Premix Company is in the best possible financial condition; a glance at its books, or at its last financial statement, would show that.
"But good Lord, why?" Rand demanded. "I never heard of Fleming having any troubles worth killing himself over." Gresham lowered his voice. "Jeff, I'm not supposed to talk about this, but the fact is that I believe Fleming was about to lose control of the Premix Company," he said. "I have, well, sources of inside information.
So business got better and better, and they made more money to spend on advertising to get more money to buy more advertising to make more money, like Bill Nye's Puritans digging clams in the winter to get strength to hoe corn in the summer to get strength to dig clams in the winter. "So Premix became a sort of symbol of achievement to Fleming.
And I do not do work for which I am not paid," he added, with mendacious literalness. "I see. Well, the merger's going through. It won't be official until the sixteenth of May, when the Premix stockholders meet, but that's just a formality. It's all cut and dried and in the bag now. Better let me pick you up a little Premix; there's still some lying around.
"But you will admit that it would have a dreadful effect on Premix Foods," Goode argued. "It would probably prevent this merger from being consummated. Look here," he said urgently. "I don't know how much Gladys Fleming is paying you to rake all this up, but I'll gladly double her fee if you drop it and confine yourself to the matter of the collection."
And I suppose all that chicanery afterward was necessary, too." "It was, if you wanted that merger to go through, and unless you wanted to see the bottom drop out of your Premix stock," Rand assured her. "If the true facts of Mr. Fleming's death had gotten out, there'd have been a simply hideous stink.
"I'll file it in the burn-box," Rand promised. "What was the matter; didn't Premix want to merge?" "Lane Fleming didn't. And since he held fifty-two per cent of the common stock himself, try and do anything about it." "Anything short of retiring Fleming to the graveyard, that is," Rand amended. "That would do for a murder-motive, very nicely.... What were Fleming's objections to the merger?"
"Well, of course, nobody wants the responsibility of starting a panic, even a minor one, but people are talking, and it's hurting Premix on the market," Goode gloomed. "And now, people will hear of Mrs. Fleming's having retained you, and will assume, just as I did at first, that you are making some kind of an investigation. I hope you will make a prompt denial, if you hear any talk like that."
So sweet, in fact, that one of the really big fellows, National Milling & Packaging, has been going to rather extreme lengths to effect a merger. Mill-Pack, par 100, is quoted at around 145, and Premix, par 50, is at 75 now, and Mill-Pack is offering a two-for-one-share exchange, which would be a little less than four-for-one in value.
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