Chapter IX

           CowperwoodstartedinthenotebrokeragebusinesswithasmallofficeatNo.64SouthThirdStreet,whereheverysoonhadthepleasureofdiscoveringthathisformerexcellentbusinessconnectionsrememberedhim.Hewouldgotoonehouse,wherehesuspectedreadymoneymightbedesirable,andoffertonegotiatetheirnotesoranypapertheymightissuebearingsixpercent.interestforacommissionandthenhewouldsellthepaperforasmallcommissiontosomeonewhowouldwelcomeasecureinvestment.Sometimeshisfather,sometimesotherpeople,helpedhimwithsuggestionsastowhenandhow.Betweenthetwoendshemightmakefourandfivepercent.onthetotaltransaction.Inthefirstyearheclearedsixthousanddollarsoverandaboveallexpenses.Thatwasn’tmuch,buthewasaugmentingitinanotherwaywhichhebelievedwouldbringgreatprofitinthefuture.

           Beforethefirststreet-carline,whichwasashamblingaffair,hadbeenlaidonFrontStreet,thestreetsofPhiladelphiahadbeencrowdedwithhundredsofspringlessomnibusesrattlingoverrough,hard,cobblestones.Now,thankstotheideaofJohnStephenson,inNewYork,thedoublerailtrackideahadcome,andbesidesthelineonFifthandSixthStreets(thecarsrunningoutonestreetandbackonanother)whichhadpaidsplendidlyfromthestart,thereweremanyotherlinesproposedorunderway.Thecitywasaseagertoseestreet-carsreplaceomnibusesasitwastoseerailroadsreplacecanals.Therewasopposition,ofcourse.Therealwaysisinsuchcases.

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