Фінансист

Chapter LVIII

           Cookeundertookitwiththeideaofbeingabletoputthemeritsofthepropositionbeforethepeopledirectnotthroughtheagencyofanygreatfinancialcorporationandofsellingtothebutcher,thebaker,andthecandlestick-makerthestockorsharesthathewishedtodisposeof.

           Itwasabrilliantchance.HisgeniushadworkedoutthesaleofgreatgovernmentloansduringtheCivilWartothepeopledirectinthisfashion.WhynotNorthernPacificcertificates?Forseveralyearsheconductedapyrotechniccampaign,surveyingtheterritoryinquestion,organizinggreatrailway-constructioncorps,buildinghundredsofmilesoftrackundermosttryingconditions,andsellinggreatblocksofhisstock,onwhichinterestofacertainpercentagewasguaranteed.Ifithadnotbeenthatheknewlittleofrailroad-building,personally,andthattheprojectwassovastthatitcouldnotwellbeencompassedbyoneman,evensogreatamanitmighthaveprovedsuccessful,asundersubsequentmanagementitdid.However,hardtimes,thewarbetweenFranceandGermany,whichtiedupEuropeancapitalforthetimebeingandmadeitindifferenttoAmericanprojects,envy,calumny,acertainpercentageofmismanagement,allconspiredtowreckit.OnSeptember18,1873,attwelve-fifteennoon,JayCooke&Co.failedforapproximatelyeightmilliondollarsandtheNorthernPacificforallthathadbeeninvestedinitsomefiftymilliondollarsmore.

Налаштування
Фон сторінки
Розмір шрифту
Міжрядковий інтервал
Фразові дієслова
Показати / Приховати меню
Шрифт
Roboto Lora
Уведомления
Сторінка 757 з 773