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Updated: June 8, 2025
It was Schryhart who, in pumping and digging at Stackpole when he finally arrived there, managed to extract from him the truth in regard to his visit to Cowperwood. As a matter of fact, Schryhart himself had been guilty this very day of having thrown two thousand shares of American Match on the market unknown to his confreres.
They laid themselves and us open to just such a trick as has been worked in this case." Mr. Schryhart was righteously incisive, cold, immaculate, waspish. "At the same time," he continued, "any other moneyed man of equal standing with ourselves would have had the courtesy to confer with us and give us, or at least our banks, an opportunity for taking over these securities.
Now, if on account of that they are willing to operate through you rather than through me, it seems to me that I should have a much larger share in the surplus. My personal interest in these new companies is not very large. I am really more of a fiscal agent than anything else." Schryhart smiled.
But to do all this a great deal of money had been required, much more than was in possession of either Hull or Stackpole. Both of them being Western men, they looked first to Western capital. Hand, Schryhart, Arneel, and Merrill were in turn appealed to, and great blocks of the new stock were sold to them at inside figures. By the means thus afforded the combination proceeded apace.
If American Match fell below two hundred he would have to close his doors as banker and broker and, in view of what he was carrying, he and Hull would fail for approximately twenty million dollars. Messrs. Hand, Schryhart, Arneel, and Merrill would lose in the neighborhood of six or eight millions between them.
There is much talk of profits how much more profitable has been the Cowperwood regime over street-railway lines than that of Mr. Schryhart. Mr. Fishel is interested in allaying socialistic excitement. So, by this time, is Mr. Merrill. Directly hereafter Mr. Haeckelheimer approaches Mr. Edward Arneel, who is not nearly so forceful as his father, though he would like to be so.
Hand, Schryhart, Merrill, and Arneel were willing to risk much more money, but it grieved and angered him to think he and Hull should be thus left to sink without a sigh. He had tried Kaffrath, Videra, and Bailey, but they were adamant. Thus cogitating, Stackpole put on his wide-brimmed straw hat and went out. It was nearly ninety-six in the shade.
In the beginning he had heard both Hand and Schryhart say that they did not care to become involved if Cowperwood was in any way, shape, or manner to be included, but that had been over a year ago, and Schryhart and Hand were now, as it were, leaving both him and his partner to their fates.
I've never known him to be for a public improvement yet that was really good for Chicago unless Schryhart or Merrill or Arneel or someone else of that crowd wanted it. I know them of old. My advice is to go ahead and never mind them. To hell with them! Things will be sweet enough, once you are as powerful as they are. They'll get nothing in the future without paying for it.
Do you know the terms of agreement?" "They're going to pool their stock on a basis of three to one, with about thirty per cent. of the holding company left for Schryhart to sell or keep, as he wants to. He guarantees the interest. We did that for him drove the game right into his bag." "Nevertheless," replied Cowperwood, "he still has us to deal with.
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