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Updated: June 9, 2025
He would get in something else street-railways, land deals, some of the boundless opportunities of the far West. Philadelphia was no longer pleasing to him. Though now free and rich, he was still a scandal to the pretenders, and the financial and social world was not prepared to accept him.
Sickness, death, accident, are all provided for with a pension, and there are also certain gifts of money for long service. The police and the street-cleaning department co-operate to enforce the law, where private companies or the city-owned street-railways are negligent in making repairs, or in replacing pavement that has been disturbed or destroyed. There is no escape.
At their head, from 1907 onwards, was Theodore N. Vail, who had returned dramatically, at the precise moment when he was needed, to finish the work that he had begun in 1878. He had been absent for twenty years, developing water-power and building street-railways in South America.
After the lapse of a few weeks Addison, still acting for Cowperwood, had a second and private conference with Kaffrath. He said, after exacting a promise of secrecy for the present, that since their previous conversation he had become aware of new developments. In the interval he had been visited by several men of long connection with street-railways in other localities.
Suddenly a helpful thought occurred to him. Butler and Mollenhauer and Simpson were long on local street-railways. They must combine to support the situation and protect their interests. They could see the big bankers, Drexel & Co. and Cooke & Co., and others and urge them to sustain the market.
Frank Algernon Cowperwood, hitherto unmentioned in connection with Chicago street-railways, was pointed to as the probable successor to Onias C. Skinner, and Edwin L. Kaffrath, one of the old directors, as future vice-president. The men back of the deal were referred to as "in all likelihood Eastern capitalists."
A sudden turn round a mountain-spur, and before us was presented to view Mount Demavend and Teheran. Soon the paved streets, sidewalks, lamp-posts, street-railways, and even steam-tramway, of the half modern capital were as much of a surprise to us as our “wind horses” were to the curious crowds that escorted us to the French Hotel.
If he could only secure an octopus-grip on one or all of them; if he could combine and control them all! What a fortune! That, if nothing else, might salve him for some of his woes a tremendous fortune nothing less. He forever busied himself with various aspects of the scene quite as a poet might have concerned himself with rocks and rills. To own these street-railways!
Mollenhauer doesn't care any more for you to-day than he does for that lamp-post. It isn't that money you've paid out to me that's worrying him, but who's getting something for it and what. Well they know that you and I are getting street-railways, don't you see, and they don't want us to have them. Once they get those out of our hands they won't waste another day on you or me. Can't you see that?
It became an old story later, but it was new at that time, and he kept the thought closely to himself. None the less he was glad to have Stener speak of this, since street-railways were his hobby, and he was convinced that he would be a great master of them if he ever had an opportunity to control them.
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