American Match

           FollowingCowperwood’scoupinsecuringcashbymeansofhisseeminggiftofthreehundredthousanddollarsforatelescopehisenemiesrestedforatime,butonlybecauseofalackofideaswherewithtodestroyhim.Publicsentimentcreatedbythenewspaperswasstillagainsthim.Yethisfranchiseshadstillfromeighttotenyearstorun,andmeanwhilehemightmakehimselfunassailablypowerful.Forthepresenthewasbusy,surroundedbyhisengineersandmanagersandlegaladvisers,constructinghisseveralelevatedlinesatawhirlwindrate.Atthesametime,throughVidera,Kaffrath,andAddison,hewaseffectingaschemeofloaningmoneyoncalltothelocalChicagobankstheverybankswhichweremostopposedtohimsothatinacrisisbecouldretaliate.Bymanipulatingthevastquantityofstocksandbondsofwhichhewasnowthemasterhewasmakingmoneyhandoverfist,hisonerulebeingthatsixpercent.wasenoughtopayanyholderwhohadmerelypurchasedhisstockasanoutsider.Itwasmostprofitabletohimself.Whenhisstocksearnedmorethanthatheissuednewones,sellingthemon‘changeandpocketingthedifference.Outofthecash-drawersofhisvariouscompanieshetookimmensesums,temporaryloans,asitwere,whichlaterhehadchargedbyhishumbleservitorsto"construction,""equipment,"or"operation."Hewaslikeacannywolfprowlinginaforestoftreesofhisowncreation.

           Theweaknoteinthiswholeprojectofelevatedlineswasthatforsometimeitwasdestinedtobeunprofitable.

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