The Financier Part 24

For the present, however, he had to pretend an interest in saving the party at the polls.

"I can't speak for the Senator, that's sure," pursued Mollenhauer, reflectively. "I don't know what he may think. As for myself, I am perfectly willing to do what I can to keep up the price of stocks, if that will do any good. I would do so naturally in order to protect my loans. The thing that we ought to be thinking about, in my judgment, is how to prevent exposure, in case Mr. Cowperwood does fail, until after election. We have no a.s.surance, of course, that however much we support the market we will be able to sustain it."

"We have not," replied Butler, solemnly.

Owen thought he could see Cowperwood's approaching doom quite plainly.

At that moment the door-bell rang. A maid, in the absence of the footman, brought in the name of Senator Simpson.

"Just the man," said Mollenhauer. "Show him up. You can see what he thinks."

"Perhaps I had better leave you alone now," suggested Owen to his father. "Perhaps I can find Miss Caroline, and she will sing for me.

I'll wait for you, father," he added.

Mollenhauer cast him an ingratiating smile, and as he stepped out Senator Simpson walked in.

A more interesting type of his kind than Senator Mark Simpson never flourished in the State of Pennsylvania, which has been productive of interesting types. Contrasted with either of the two men who now greeted him warmly and shook his hand, he was physically unimpressive. He was small--five feet nine inches, to Mollenhauer's six feet and Butler's five feet eleven inches and a half, and then his face was smooth, with a receding jaw. In the other two this feature was prominent. Nor were his eyes as frank as those of Butler, nor as defiant as those of Mollenhauer; but for subtlety they were unmatched by either--deep, strange, receding, cavernous eyes which contemplated you as might those of a cat looking out of a dark hole, and suggesting all the artfulness that has ever distinguished the feline family. He had a strange mop of black hair sweeping down over a fine, low, white forehead, and a skin as pale and bluish as poor health might make it; but there was, nevertheless, resident here a strange, resistant, capable force that ruled men--the subtlety with which he knew how to feed cupidity with hope and gain and the ruthlessness with which he repaid those who said him nay. He was a still man, as such a man might well have been--feeble and fish-like in his handshake, wan and slightly lackadaisical in his smile, but speaking always with eyes that answered for every defect.

"Av'nin', Mark, I'm glad to see you," was Butler's greeting.

"How are you, Edward?" came the quiet reply.

"Well, Senator, you're not looking any the worse for wear. Can I pour you something?"

"Nothing to-night, Henry," replied Simpson. "I haven't long to stay. I just stopped by on my way home. My wife's over here at the Cavanaghs', and I have to stop by to fetch her."

"Well, it's a good thing you dropped in, Senator, just when you did,"

began Mollenhauer, seating himself after his guest. "Butler here has been telling me of a little political problem that has arisen since I last saw you. I suppose you've heard that Chicago is burning?"

"Yes; Cavanagh was just telling me. It looks to be quite serious. I think the market will drop heavily in the morning."

"I wouldn't be surprised myself," put in Mollenhauer, laconically.

"Here's the paper now," said Butler, as John, the servant, came in from the street bearing the paper in his hand. Mollenhauer took it and spread it out before them. It was among the earliest of the "extras" that were issued in this country, and contained a rather impressive spread of type announcing that the conflagration in the lake city was growing hourly worse since its inception the day before.

"Well, that is certainly dreadful," said Simpson. "I'm very sorry for Chicago. I have many friends there. I shall hope to hear that it is not so bad as it seems."

The man had a rather grandiloquent manner which he never abandoned under any circ.u.mstances.

"The matter that Butler was telling me about," continued Mollenhauer, "has something to do with this in a way. You know the habit our city treasurers have of loaning out their money at two per cent.?"

"Yes?" said Simpson, inquiringly.

"Well, Mr. Stener, it seems, has been loaning out a good deal of the city's money to this young Cowperwood, in Third Street, who has been handling city loans."

"You don't say!" said Simpson, putting on an air of surprise. "Not much, I hope?" The Senator, like Butler and Mollenhauer, was profiting greatly by cheap loans from the same source to various designated city depositories.

"Well, it seems that Stener has loaned him as much as five hundred thousand dollars, and if by any chance Cowperwood shouldn't be able to weather this storm, Stener is apt to be short that amount, and that wouldn't look so good as a voting proposition to the people in November, do you think? Cowperwood owes Mr. Butler here one hundred thousand dollars, and because of that he came to see him to-night. He wanted Butler to see if something couldn't be done through us to tide him over.

If not"--he waved one hand suggestively--"well, he might fail."

Simpson fingered his strange, wide mouth with his delicate hand. "What have they been doing with the five hundred thousand dollars?" he asked.

"Oh, the boys must make a little somethin' on the side," said Butler, cheerfully. "I think they've been buyin' up street-railways, for one thing." He stuck his thumbs in the armholes of his vest. Both Mollenhauer and Simpson smiled wan smiles.

"Quite so," said Mollenhauer. Senator Simpson merely looked the deep things that he thought.

He, too, was thinking how useless it was for any one to approach a group of politicians with a proposition like this, particularly in a crisis such as bid fair to occur. He reflected that if he and Butler and Mollenhauer could get together and promise Cowperwood protection in return for the surrender of his street-railway holdings it would be a very different matter. It would be very easy in this case to carry the city treasury loan along in silence and even issue more money to support it; but it was not sure, in the first place, that Cowperwood could be made to surrender his stocks, and in the second place that either Butler or Mollenhauer would enter into any such deal with him, Simpson. Butler had evidently come here to say a good word for Cowperwood. Mollenhauer and himself were silent rivals. Although they worked together politically it was toward essentially different financial ends. They were allied in no one particular financial proposition, any more than Mollenhauer and Butler were. And besides, in all probability Cowperwood was no fool. He was not equally guilty with Stener; the latter had loaned him money. The Senator reflected on whether he should broach some such subtle solution of the situation as had occurred to him to his colleagues, but he decided not. Really Mollenhauer was too treacherous a man to work with on a thing of this kind. It was a splendid chance but dangerous. He had better go it alone. For the present they should demand of Stener that he get Cowperwood to return the five hundred thousand dollars if he could. If not, Stener could be sacrificed for the benefit of the party, if need be. Cowperwood's stocks, with this tip as to his condition, would, Simpson reflected, offer a good opportunity for a little stock-exchange work on the part of his own brokers. They could spread rumors as to Cowperwood's condition and then offer to take his shares off his hands--for a song, of course. It was an evil moment that led Cowperwood to Butler.

"Well, now," said the Senator, after a prolonged silence, "I might sympathize with Mr. Cowperwood in his situation, and I certainly don't blame him for buying up street-railways if he can; but I really don't see what can be done for him very well in this crisis. I don't know about you, gentlemen, but I am rather certain that I am not in a position to pick other people's chestnuts out of the fire if I wanted to, just now. It all depends on whether we feel that the danger to the party is sufficient to warrant our going down into our pockets and a.s.sisting him."

At the mention of real money to be loaned Mollenhauer pulled a long face. "I can't see that I will be able to do very much for Mr.

Cowperwood," he sighed.

"Begad," said Buler, with a keen sense of humor, "it looks to me as if I'd better be gettin' in my one hundred thousand dollars. That's the first business of the early mornin'." Neither Simpson nor Mollenhauer condescended on this occasion to smile even the wan smile they had smiled before. They merely looked wise and solemn.

"But this matter of the city treasury, now," said Senator Simpson, after the atmosphere had been allowed to settle a little, "is something to which we shall have to devote a little thought. If Mr. Cowperwood should fail, and the treasury lose that much money, it would embarra.s.s us no little. What lines are they," he added, as an afterthought, "that this man has been particularly interested in?"

"I really don't know," replied Butler, who did not care to say what Owen had told him on the drive over.

"I don't see," said Mollenhauer, "unless we can make Stener get the money back before this man Cowperwood fails, how we can save ourselves from considerable annoyance later; but if we did anything which would look as though we were going to compel rest.i.tution, he would probably shut up shop anyhow. So there's no remedy in that direction. And it wouldn't be very kind to our friend Edward here to do it until we hear how he comes out on his affair." He was referring to Butler's loan.

"Certainly not," said Senator Simpson, with true political sagacity and feeling.

"I'll have that one hundred thousand dollars in the mornin'," said Butler, "and never fear."

"I think," said Simpson, "if anything comes of this matter that we will have to do our best to hush it up until after the election. The newspapers can just as well keep silent on that score as not.

There's one thing I would suggest"--and he was now thinking of the street-railway properties which Cowperwood had so judiciously collected--"and that is that the city treasurer be cautioned against advancing any more money in a situation of this kind. He might readily be compromised into advancing much more. I suppose a word from you, Henry, would prevent that."

"Yes; I can do that," said Mollenhauer, solemnly.

"My judgement would be," said Butler, in a rather obscure manner, thinking of Cowperwood's mistake in appealing to these n.o.ble protectors of the public, "that it's best to let sleepin' dogs run be thimselves."

Thus ended Frank Cowperwood's dreams of what Butler and his political a.s.sociates might do for him in his hour of distress.

The energies of Cowperwood after leaving Butler were devoted to the task of seeing others who might be of some a.s.sistance to him. He had left word with Mrs. Stener that if any message came from her husband he was to be notified at once. He hunted up Walter Leigh, of Drexel & Co., Avery Stone of Jay Cooke & Co., and President Davison of the Girard National Bank. He wanted to see what they thought of the situation and to negotiate a loan with President Davison covering all his real and personal property.

"I can't tell you, Frank," Walter Leigh insisted, "I don't know how things will be running by to-morrow noon. I'm glad to know how you stand. I'm glad you're doing what you're doing--getting all your affairs in shape. It will help a lot. I'll favor you all I possibly can. But if the chief decides on a certain group of loans to be called, they'll have to be called, that's all. I'll do my best to make things look better.

If the whole of Chicago is wiped out, the insurance companies--some of them, anyhow--are sure to go, and then look out. I suppose you'll call in all your loans?"

"Not any more than I have to."

"Well, that's just the way it is here--or will be."

The two men shook hands. They liked each other. Leigh was of the city's fas.h.i.+onable coterie, a society man to the manner born, but with a wealth of common sense and a great deal of worldly experience.

"I'll tell you, Frank," he observed at parting, "I've always thought you were carrying too much street-railway. It's great stuff if you can get away with it, but it's just in a pinch like this that you're apt to get hurt. You've been making money pretty fast out of that and city loans."

He looked directly into his long-time friend's eyes, and they smiled.

It was the same with Avery Stone, President Davison, and others. They had all already heard rumors of disaster when he arrived. They were not sure what the morrow would bring forth. It looked very unpromising.