The Moneychangers by Upton Sinclair
page 151 of 285 (52%)
page 151 of 285 (52%)
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"'Do you mean that?' gasped Allis. He could hardly credit his ears. "'Come downstairs and I'll write you a check!' said Stagg. And so they hauled him down, and they bought his mill. Then they opened some more champagne, and Allis began to get good-natured, too. "'There's only one thing the matter with my mill,' said he, 'and that's Jones's mill over in Harristown. The railroads give him rebates, and he undersells me.' "'Well, damn his soul,' said Stagg, 'we'll have his mill, too.' "And so they bundled into their special again, and about six o'clock in the morning they got to Harristown, and they bought another mill. And that started them, you know. They'd never had such fun in their lives before. It seems that Stagg had just cleaned up ten or twelve millions on a big Wall Street plunge, and they blew in every dollar, buying steel mills--and paying two or three prices for every one, of course." Gamble paused and chuckled to himself. "What I'm telling you is the story that Stagg told me," said he. "And of course you've got to make allowances. He said he had no idea of what Dan Waterman had been planning, but I fancy that was a lie. Harrison of Pittsburg had been threatening to build a railroad of his own, and take away his business from Waterman's roads, and so there was nothing for Waterman to do but buy him out at three times what his mills were worth. He took the mills that Stagg had bought at the same time. Stagg had paid two or three prices, and Waterman paid him a couple |
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