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Updated: July 21, 2025
Appraised at its value in the current coin of street gossip, the legal seizure of the Trans-Western figured mainly as an example of the failure of modern business methods when applied to the concealment of a working corporation's true financial condition.
"Have you a Western Union wire to the capital direct?" he inquired. The young man snapped his key and said he had. "It has no connection with the Trans-Western railroad offices?" "None whatever." Ormsby dashed off a brief message to Kent, giving three or four addresses at which he might be found. "Send that, and have them try the Union Station train platform first.
He talked vaguely about an impending crisis and a man who had some information to dispose of; said the man had come to him because he was known to be a firm friend of the Trans-Western, and so on." Kent gave his opinion promptly. "It's a capitol-gang deal of some sort to hold us up; and Duvall is willing to sell out his fellow conspirators if the price is right."
The other lines are bringing a tremendous pressure to bear on Guilford, whose cut rates are demoralizing business frightfully. The fictitious boom in Trans-Western traffic is about worked out; and for political reasons Bucks can't afford to have the road in the hands of his henchmen when the collapse comes.
We'll have to work up to it gradually; educate the people as we go along." "I concede that much," said Kent. "And you may as well begin on this same Trans-Western deal," wherewith he pieced together the inferences which pointed to the stock-smashing project behind the receivership. "Don't use too much of it," he added, in conclusion. "It is all inference and deduction as yet, as I say.
"I am taking all the chances," he said; and so the conference ended. Two days later the "educational" campaign was opened by an editorial in the Argus setting forth some hitherto unpublished matter concerning the manner in which the Trans-Western had been placed in the hands of a receiver.
Since he is not lawfully a judge, his acts are void, among them this appointment of Major Guilford as receiver for the Trans-Western." She was not as enthusiastic as he thought she ought to be.
But I am going to disagree with you flat on the project of a sudden exposé. Right or wrong, Bucks has pup-popular sentiment on his side. Take the Trans-Western territory, for example: at the present speaking these grafters or their man Guilford; it's all the same own those people down there body and soul. You couldn't pry Bucks out of their affections with a crowbar suddenly, I mean.
Stored grain came out of its hiding places at every country cross-roads to beg for cars; stock feeders drove their market cattle unheard-of distances, across the tracks of competing lines, over and around obstacles of every sort, to pour them into the loading corrals of the Trans-Western. Nor was the traffic all outgoing.
Since the resident manager stood high in the Boston counsels of the company, the pushing was not without results; and while David Kent was still up to his eyes in the work of flogging the affairs of the newly named Trans-Western into conformity with the law, his appointment as general counsel came from the Advisory Board.
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