The Profiteers by E. Phillips (Edward Phillips) Oppenheim
page 3 of 248 (01%)
page 3 of 248 (01%)
|
play with besides his own."
"Let me see, who are the other directors?" Kendrick enquired. "Well, there's young Stanley Rees, Phipps' nephew, who came in for three hundred thousand pounds a few years ago," Maurice White answered; "old skinflint Martin, who may be worth half a million but certainly not more; and Dredlinton. Dredlinton's rabbit, of course. He hasn't got a bob. There's money enough amongst the rest for any ordinary business undertaking, if only one could understand what the mischief they were up to. They can't corner wheat in this country." "I wonder," Kendrick murmured. "The harvests last year were bad all over the world, you know, and this year, except in the States and Canada, they will be worse. With another fifty million it might be done." "But they're taking deliveries," White pointed out. "They have granaries all over the kingdom, subsidiary companies to do the dirty work of refusing to sell. Already they say that three quarters of the wheat of the country is in their hands, and mind you, they sell nothing. The price goes up and up, just the same as the price of their shares has risen. They buy but they never sell. Some of the big banks must be helping, of course, but I know one or two--one in particular---who decline to handle any business from them at all." "I should say their greatest risk was Government interference," Kendrick observed. "Gambling in foodstuffs ought to be forbidden." "It would take our Government a year to make up their minds what to do," White scoffed, "and by that time these fellows would have sold out and be |
|