Финансист

Chapter II

           

           Athomealsohelistenedtoconsiderabletalkoffinancialinvestmentandadventure.Heheard,foronething,ofacuriouscharacterbythenameofSteemberger,agreatbeefspeculatorfromVirginia,whowasattractedtoPhiladelphiainthosedaysbythehopeoflargeandeasycredits.Steemberger,sohisfathersaid,wasclosetoNicholasBiddle,Lardner,andothersoftheUnitedStatesBank,oratleastfriendlywiththem,andseemedtobeabletoobtainfromthatorganizationnearlyallthatheaskedfor.HisoperationsinthepurchaseofcattleinVirginia,Ohio,andotherStateswerevast,amounting,infact,toanentiremonopolyofthebusinessofsupplyingbeeftoEasterncities.Hewasabigman,enormous,withaface,hisfathersaid,somethinglikethatofapig;andheworeahighbeaverhatandalongfrock-coatwhichhunglooselyabouthisbigchestandstomach.Hehadmanagedtoforcethepriceofbeefuptothirtycentsapound,causingalltheretailersandconsumerstorebel,andthiswaswhatmadehimsoconspicuous.HeusedtocometothebrokerageendoftheelderCowperwood’sbank,withasmuchasonehundredthousandortwohundredthousanddollars,intwelvemonthspost-notesoftheUnitedStatesBankindenominationsofonethousand,fivethousand,andtenthousanddollars.Thesehewouldcashatfromtentotwelvepercent.undertheirfacevalue,havingpreviouslygiventheUnitedStatesBankhisownnoteatfourmonthsfortheentireamount.

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