[The Financier by Theodore Dreiser]@TWC D-Link bookThe Financier CHAPTER XXI 16/31
And besides it was not at all certain that Butler, Mollenhauer, and Simpson would ever hear. In this connection, there was another line, which he rode on occasionally, the Seventeenth and Nineteenth Street line, which he felt was a much more interesting thing for him to think about, if he could raise the money.
It had been originally capitalized for five hundred thousand dollars; but there had been a series of bonds to the value of two hundred and fifty thousand dollars added for improvements, and the company was finding great difficulty in meeting the interest.
The bulk of the stock was scattered about among small investors, and it would require all of two hundred and fifty thousand dollars to collect it and have himself elected president or chairman of the board of directors. Once in, however, he could vote this stock as he pleased, hypothecating it meanwhile at his father's bank for as much as he could get, and issuing more stocks with which to bribe legislators in the matter of extending the line, and in taking up other opportunities to either add to it by purchase or supplement it by working agreements.
The word "bribe" is used here in this matter-of-fact American way, because bribery was what was in every one's mind in connection with the State legislature.
Terrence Relihan--the small, dark-faced Irishman, a dandy in dress and manners--who represented the financial interests at Harrisburg, and who had come to Cowperwood after the five million bond deal had been printed, had told him that nothing could be done at the capital without money, or its equivalent, negotiable securities.
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