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Inside of the Cup, the — Volume 03 by Winston Churchill
page 50 of 86 (58%)
this, and we'll have to get out of here in another week. God knows where
we'll go then."

Hodder shuddered.

"Then I found out how he done it--from a lawyer. The lawyer laughed at
me, too. Say, do you wonder I ain't got much use for your church people?
Parr got a corporation lawyer named Langmaid--he's another one of your
millionnaire crooks--to fix it up and get around the law and keep him out
of jail. And then they had to settle with Tim Beatty for something like
three hundred thousand. You know who Beatty is--he owns this city--his
saloon's around here on Elm Street. All the crooks had to be squared.
Say," he demanded aggressively, "are Parr and Langmaid any better than
Beatty, or any of the hold-up men Beatty covers? There's a street-walker
over there in those flats that's got a million times more chance to get
to heaven--if there is any--than those financiers, as they call 'emselves
--I ain't much on high finance, but I've got some respect for a second
story man now--he takes some risks! I'll tell you what they did, they
bought up the short car lines that didn't pay and sold 'em to themselves
for fifty times as much as they were worth; and they got controlling
interests in the big lines and leased 'em to themselves with dividends
guaranteed as high as eighteen per cent. They capitalized the
Consolidated for more millions than a little man like me can think of,
and we handed 'em our money because we thought they were honest. We
thought the men who listed the stock on the Exchange were honest. And
when the crash came, they'd got away with the swag, like any common
housebreakers. There were dummy directors, and a dummy president. Eldon
Parr didn't have a share--sold out everything when she went over two
hundred, but you bet he kept his stock in the leased lines, which
guarantee more than they earn. He cleaned up five million, they say....
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