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Updated: May 2, 2025
Parr, but if you tell me that the flagrant practices indulged in by those who organized the Consolidated Tractions Company can be excused under any code of morals, any conception of Christianity, I tell you they cannot. What do we see today in your business world?
"And even then I tried to dodge the issue, I tried to make myself believe that good might flow out of evil; that the Church, which is supposed to be founded on the highest ideal ever presented to man, might compromise and be practical, that she might accept money which had been wrung from a trusting public by extortion, by thinly disguised thievery such as this Consolidated Tractions Company fraud, and do good with it!
But I have taken the trouble to find out, from unquestioned sources, the truth about the Consolidated Tractions Company I shall not go into the details at length they are doubtless familiar to you. I know that the legal genius of Mr. Langmaid, one of my vestry, made possible the organization of the company, and thereby evaded the plain spirit of the law of the state.
I should have it an important part of the duties of this board to discover for themselves other claimants who may not, for various reasons, come forward. In the case of the Consolidated Tractions, for instances there are doubtless many men like Garvin who invested their savings largely on the strength of your name.
You couldn't have got me to believe that Eldon Parr would put his name to anything that wasn't straight. "Then Consolidated Tractions came along, with Parr's, name behind it. Everybody was talking about it, and how it was payin' eight per cent. from the start, and extra dividends and all, and what a marvel of finance it was.
"I shall waive, for the moment, my contention that the Consolidated Tractions Company, had it succeeded, would greatly have benefited the city. Even if it had been the iniquitous, piratical transaction you suggest, why should I assume the responsibility for all who were concerned in it?" "If the grace were given you to do this, that question would answer itself," the rector replied.
The wind had whistled for a time, but it turned out to be only a squall. The Consolidated Tractions Company had made the voyage for which she had been constructed, and thus had fulfilled her usefulness; and the cleverest of the rats who had mistaken her for a permanent home scurried ashore before she was broken up. All of which is merely in the nature of a commentary on Mr. Langmaid's genius.
"And even then I tried to dodge the issue, I tried to make myself believe that good might flow out of evil; that the Church, which is supposed to be founded on the highest ideal ever presented to man, might compromise and be practical, that she might accept money which had been wrung from a trusting public by extortion, by thinly disguised thievery such as this Consolidated Tractions Company fraud, and do good with it!
His interrogatory gesture gave the very touch of perfection to this attitude, since it proclaimed him to have listened patiently to a charge so preposterous that a less reasonable man would have cut it short. "And what leads you to suppose," he inquired, "that I am responsible in this matter? What leads you to infer that the Consolidated Tractions Company was not organized in good faith?
Garvin stared at him, half in suspicion, half in amazement. "I guess you never knew of his ruining anybody, did you?" he demanded sullenly. "Well, I'll tell you all right, and you can go and tell him. He won't care much he's used to it by this time, and he gets square with God by his churches and charities. Did you ever hear of a stock called Consolidated Tractions?" Consolidated Tractions!
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