The short walk to the hotel, where Kenneth was waiting to go to breakfast with the president"s party, came to an end, and the social amenities died of inanition. For one thing, President Colbrith insisted upon learning the minutest ins and outs of the business matter, making the table-talk his vehicle; and for another, Miss Adair"s place was on the opposite side of the table, and two removes from Ford"s. Time and again the young engineer tried to side-track business in the interests of something a little less ba.n.a.l to the two women; but the president was implacable and refused to be pulled out of the narrow rut of details; was still running monotonously and raspingly in it when Kenneth glanced at his watch and suggested that the time for action was come.
After breakfast the party separated. Mrs. Adair and Miss Alicia were to spend the day with friends in South Chicago, and Mr. Colbrith carried the attorney off to his room to dig still deeper into the possible legal complications which might arise out of the proposed transfer of the three short roads. Ford and Adair sat in the lobby and smoked while they were waiting for the president and the general counsel to conclude their conference, and the young millionaire gave his companion the story of the fight in the directory.
"We have Brewster to thank for the lift which finally pulled our wheel out of the mud," said the young man, modestly effacing himself in the summing up. "Or rather I should say that we have the enemy to thank for stirring Brewster into action. Brewster"s got some copper mines out in Utah that he nurses like a sick child. Just at the critical moment some of the people who control the Transcontinental began to worry his copper stock. In the hot part of it he came to me and said, "Adair, will that western extension of yours be able to fry any fat out of Transcontinental?" I told him it would, most a.s.suredly; that next to making money for ourselves, and, incidentally, saving the Pacific Southwestern from going smash, our chief object was to give the Transcontinental a wholesome drubbing."
"You are progressing rapidly," said Ford, with a grin of appreciation.
"Did that fetch him?"
"It did, for a fact. He looked like one of those old bushy-bearded vikings when he said, "By thunder, I"m with you, young man! And I"ll answer for Scott and Magnus and Harding. Get your board together, and we"ll settle it to-day."
Ford looked up quickly. "If Mr. Colbrith wasn"t the chief of your family clan, Adair, I could wish that we had this Mr. Brewster at the head of things."
The rejoinder was heartily prompt. "You don"t wish it any more fervently than I do, Ford. That is why I am here to-day. The board, in spite of all that our handful of revolutionaries could do, has armed Uncle Sidney with almost dictatorial powers in this stock-purchasing deal; and if he doesn"t contrive to strangle things by the slow process, it will be simply and solely because you and Kenneth and I are here to see that he does not. Do you know what the men call him out on the main line? When they see the Nadia trundling in, they say, "Here comes old Automatic Air-Brakes." And it fits him."
"But I don"t quite understand why he should want to put the brakes on here and now," Ford interposed. "I know he is against the scheme, personally; but he is here as the representative of a majority which has committed itself to the expansion measure, isn"t he?"
"Oh, yes; and he has no thought of playing the traitor--you mustn"t think that of him. But it isn"t in his nature to facilitate things. In the present crisis he will feel that he is personally responsible for the expenditure of five million dollars. He will examine and investigate, and probe and pry, and will want to worry through every pen-scratch which has been made up to date."
"Well, there is one comfort; he can"t take much time for his worrying,"
said Ford. "Some of the options expire to-morrow noon."
Adair sat up as one who suddenly takes notice.
"What?--to-morrow? Land of glory! but you two fellows took short chances! Why, any little hitch--"
"I know," said the engineer evenly. "But we took what we could get--and were thankful. Somebody was bidding against us, and prices began to jump. Incidentally, I may say that Kenneth deserves to be made a vice-president of the new company, at the very least. He has done ten men"s work in the last three or four days."
"I don"t doubt it. Neither do I suspect you of loafing. For that matter, I"ve been hustling a few lines, myself, since I sent you that first telegram."
"Do you find it exciting enough to keep you interested, as far as you"ve gone?" inquired Ford, mindful of Miss Alicia"s longings.
"It"s the best yet," declared the idler. "Only, you mustn"t lean too heavily on me, you know. I"m the most uncertain quant.i.ty you ever experienced. But here comes Uncle Sidney, with a cowed and brow-beaten Kenneth in tow--say your prayers, and get ready for the battle royal."
IX
THE RACE TO THE SLOW
Adair"s prophecy that President Colbrith would prove himself an obstructor of the stubbornest was amply fulfilled during the short interval which remained for decisive action. Truly, in the battle for business celerity the odds were three to one against Mr. Colbrith; yet the three were as those who buffet the wind. The president must see and feel, know and fully understand; and at the very last moment, when the shortest of the options had no more than an hour to live, he was proposing to summon General Manager North from Denver to make a fifth in the council of discord.
It was Adair who took the bull by the horns when the president"s caution was about to turn victory into defeat. What was said or done after the young man drew Mr. Colbrith into the private committee-room at the bank and shut the door, Ford and Kenneth, who were excluded, could only surmise. But whatever was done was well done. When the two, uncle and nephew, came out of the room of privacy, the old man was shaking his head and the young one was smiling serenely. So it came about that between eleven and twelve o"clock, when Ford, grimly battling to the last, fought as one without hope, a few strokes of the pen opened the doors upon the new creation; five million dollars, more or less, changed hands, and the Pacific Southwestern took the long leap eastward from the Missouri River to its new base in Chicago.
"It"s you for the hustle now, Ford," said Adair, linking arms with the engineer when the quartet left the bank. "How soon do you think you can get that first train-load of grain in transit?"
"I wish I could tell you," said Ford.
"Why can"t you?"
"Because it will depend very largely upon the authority Mr. Colbrith or the board sees fit to give me. At present, you will remember, I am still only a division superintendent--Mr. North"s subordinate, in fact, and--"
"Say it out loud," encouraged Adair.
"I don"t like to, but I suppose it can"t be helped. Up to now I have been acting under special orders, as you may say, in a purely financial transaction. But my commission expired five minutes ago when the stock deal went through. When it comes to issuing orders in the operating and transportation department, I have no authority whatever. Mr. North is general manager, and I suppose his jurisdiction will now be extended to cover the new line, won"t it?"
"Not much!" retorted the amateur promoter. "You are going to be given a free hand in this from the word go. From what I can learn, North has been an obstructor, all along, hasn"t he?"
"I can"t say that," said Ford, just, even to an enemy. "To be right honest about it, I shall have to confess that I slurred him entirely--went over his head."
"For good reasons, no doubt, only you are too charitable to give them.
Never mind: as I say, you are going to have a free hand. This is your pie and n.o.body else is going to cut it for you." And when the party reached the hotel there was another conference of two behind closed doors, in which Ford and the general counsel did not partic.i.p.ate.
An hour later, when Adair came down from the president"s room, he thrust a sheaf of penciled printers" copy into Ford"s hands.
"There you are," he said. "I"ve done the best I could for you on such short notice--with Uncle Sidney trying his level best to get a cross reference to the board before taking action. Get these circulars through a print shop and into the mails. You"ll see that one of them announces your appointment, effective to-day, as a.s.sistant to the President. That was as far as Uncle Sidney could be dragged. It doesn"t give you a straight flush; but your hand will beat North"s if it comes to a show-down between you. Just the same, I shouldn"t quarrel with North, if I were you. Uncle Sidney thinks the sun rises and sets in him."
Ford nodded, and while he was reading hastily through the sheaf of pencilings a boy brought him a telegram. When he opened the envelope, Kenneth had turned away. But Adair was looking on, and he did not fail to remark the startling effect of the few typewritten words upon the engineer.
"Whereabouts does it hit us this time?" he inquired, lighting a fresh cigarette.
"In the neck," said Ford curtly. "The possibility occurred to me yesterday--Pacific Southwestern stock being so badly scattered among small holders. I wired a broker, a good friend of mine, to pick up a few shares on my account. Here is what he says: "Market bone dry. No offerings of P. S-W. at any price.""
Adair whistled softly. "That"s getting next to us with a vengeance!" he commented. "And it can be done, too. Half a dozen of the small stock-holders have been to me since the fire was lighted, trying to get me to take their stock at market."
"How much do we control--that we are sure of?" Ford asked.
"I don"t know--in figures. Not more than two-fifths, I should say. At the last board meeting I proposed that we make a safe majority pool among ourselves, but Uncle Sidney sat on me. Said his own personal const.i.tuency among the little people was big enough amply to secure us."
Ford swore pathetically.
"The one single instance when his caution might have steered him straight--and it went to sleep!" he raged.
"Exactly," laughed Adair. "And now the Transcontinental moguls are buying up a majority of their own, meaning to capture the main-line dog and leaving us to wag the extension tail which we have just acquired.
Say, Ford; doesn"t that appeal to your sense of humor?"
"No, it doesn"t," said Ford savagely. To see one"s air-castles crumbling at the very moment when they were to be trans.m.u.ted into solid realities is apt to provoke a reversion to type; and Ford"s type was Gothic.
"That"s a pity," said Adair, absently rolling his cigarette between his thumb and finger. "Also, it"s another pity that I am such a hopeless quitter. I believe I could pull this thing out yet, if I could only get up sufficient steam."
"For heaven"s sake, tell me what you burn, and I"ll furnish the fuel,"
said Ford desperately.
"Will you? I guess I need something pretty inflammatory."
"Lord of love! haven"t you good and plenty, without calling upon me?
Are you going to let these stock-jobbing land-pirates on "Change gibbet you as a solemn warning to aspiring young promoters?"