"I"m going to finance a consolidation of all the smaller cigar stores in the city," he then explained. "I expect to buy several for spot cash and put in charge of them managers who know their business. The rest I am going to allow to purchase shares in the consolidation, with the value of their stock and good will, so that altogether we shall have a quarter-of-a-million-dollar corporation. With this enormous buying power I intend to get the lowest spot-cash discount on all goods, manufacture a few good brands, cut rates and control the cigar business of this town. But I"m going to be fair to every man. I"ll give you eight hundred dollars for your business, in cold coin."
The day before, had any providentially sent stranger offered Ed Nickel eight hundred dollars in real money for his store, he would have jumped at the chance, and with the purchase price would have opened a better one in some other part of the town. Now it suddenly occurred to him----
"And if I don"t sell or come in I get froze out, I suppose," he gloomily opined. "That"s the regulation poor man"s chance. But how are you going to work this consolidation, anyhow?"
"The same plan upon which all successful organizations are put together," patiently explained the eminent financier whose resplendent carriage was waiting outside. "For instance, five of us organize a holding company. Having incorporated for, say, two hundred and fifty thousand dollars, I buy your business for eight hundred dollars in stock of the new corporation, fit it up new till it glitters, and put you in charge of it. A hundred other stores go in on the same proposition, their valuations varying according to their location, their stock, and the volume of business their books can show. You get a salary of just as much as you can prove you"re making now, and every three months the business is footed up and a dividend is paid. The difference is just this. The cigars for which you now pay thirty-five dollars a thousand, you will get for twenty-eight and less, and so on down the line. Your profits will be increased nearly a hundred per cent., and all financial worry will be lifted off your shoulders."
Ed Nickel suddenly awoke to the fact that the flabby solitaire player was pressed closely upon one side of the eminent financier, and the apathetic young man upon the other, both drinking in every word, and quivering.
"Come in the back room," invited Mr. Nickel, and on two reeking stools, with tobacco sc.r.a.ps strewn all about them, they sat down to really "get together." Patiently the energetic man of wealth went over the proposition again, point by point, and the cigar maker enumerated these upon his fingers until he got it quite clear in his mind that his business was not to pa.s.s out of his hands at all. If it was put in at a valuation of eight hundred dollars, he received a salary equal to his present earnings for taking care of it, and also the net profits on eight hundred dollars worth of stock. It was a great scheme! It would put all the goods he wanted upon his shelves. It would brighten up his place of business and he would no longer have the aggravation of knowing that rich dealers, just because they were rich, could buy cigars a shameful per cent. cheaper than he could. Moreover, there sat Wallingford, a wonderful argument in himself! When he had fully grasped the idea Mr. Nickel was enthusiastic.
"Of course I"ll come in!" said he. "Surest thing, you know!"
"Suit yourself," said J. Rufus, with vast indifference. "I have a little agreement that I"ll bring around in a couple of days to let you see, and then you may finally decide. By the way, Mr. Nickel, I may need you for one of the original five incorporators, and as a director for the first year."
Mr. Nickel hesitated.
"That"ll cost me something, won"t it?" he wanted to know.
Mr. Wallingford laughed.
"A little bit," he admitted. "But there are ways to get it back. For instance, as one of the directors I do not suppose there would be any particular harm in selling your business to the consolidation for a thousand in place of eight hundred."
The first stock subscriber to the Retail Cigar Dealers" Consolidation became as knowingly jovial as the genial promoter.
"It listens good to me," he declared, and shook hands.
The big man got up to go, but turned and came back.
"By the way," said he, "I don"t know the cigar men in this town, and if you have a couple of friends in the business who would like to help form this incorporation with the same advantages you have, let"s go see them."
Mr. Nickel was already throwing off his ap.r.o.n and eye shade, and now he took his coat and hat from their hook.
"I"ve got two of them, and they ain"t too darned smart, either," he stated, showing wise forethought in that last remark; then, putting the flabby man in charge of the store, he went out and _rode in that carriage_!
CHAPTER XXVII
MR. WALLINGFORD GAMBLES A BIT AND PICKS UP AN UNSOLICITED PARTNER
In the smart carriage Mr. Wallingford took Mr. Nickel and his two friends down to his hotel for lunch to talk over the final steps in the great consolidation. The chief thing the three remembered when they left the hotel was that they had been most liberally treated in the matter of extravagant food and drink, and that the lunch had cost over twenty dollars! Also they recalled that the distinguished-looking head waiter had come over to their table half a dozen times to see that everything was served at the proper minute and in the pink of condition. n.o.body but a rich man could command that sort of attention, and they left the table not only willing but thankful to take any business tonic this commercial genius should prescribe. As they pa.s.sed the desk, the manager called Mr.
Wallingford to him, and the great promoter, instantly bidding his friends good-by, promised to see them to-morrow. Then he walked back to the manager.
"Good morning, Senator," said that official, shaking hands. "How are they treating you? Nicely?"
"Very well, indeed," replied Wallingford, "except I"d like to have corner rooms if I could get them."
"I know; you spoke of that last week. I"ve been trying to secure them for you, but those apartments are always dated so far ahead. I think the corner suite on the second floor will be vacant in a day or so, though, and I"ll let you know. By the way, Mr. Wallingford"--this in the most pleasantly confidential tone imaginable--"I"m afraid I"ll have to draw on you. The proprietor is a little strict about his rules, and you have been here two weeks to-day."
"Is that so?" exclaimed Wallingford, very much surprised. "I"ll have to look after that," and he reached out his hand with courteous alacrity for the bill which the manager was handing to him. Without the quiver of an eye-lash he glanced over the items and stuck the bill in his pocket.
"I"m glad you spoke of it. I"m rather careless about such matters," and he walked away in perfect nonchalance.
The telegraph desk mocked him. There was not a soul he knew to whom he could wire with a certainty of getting money, and if he pretended to wire he must certainly produce quick results. Instead of making that error he walked out upon the street briskly. Half way to Ed Nickel"s cigar store he paused. Mr. Nickel was not yet ripe, and it would be folly to waste his chances. Thinking most deeply indeed, he strolled into a cigar store of far better appearance than any he had yet visited.
The place was a-quiver with life; there was much glitter of beveled plate mirrors; there were expensive light fixtures; the shelves were crowded with rows upon rows of cigar boxes, and at a most ornate case stood three rather strikingly dressed men, playing "ping pong" on a mahogany edged board that was covered with green baize. He had seen these boards before, but they were all set away behind counters, for this game--of dice, not of b.a.l.l.s and paddles--was strictly taboo. A moral wave had swept over the town and had made dice shaking for cigars, as well as every other form of gambling, next door to a hanging offense.
A heavy-set young fellow, with a red face and a red tie and red stripes in the thread of his broad-checked clothing, was at the end of the counter, half behind it, scoring the game. He was evidently the proprietor, though he had his hat on, and he asked Wallingford what he wanted.
"I don"t know your brands, so I"ll leave it to you," said the large man, with a pleasant smile. "I want a nice three for a half, rather heavy, but not too tightly rolled."
The proprietor gave his customer a shrewd "sizing-up," as he promptly set out three boxes of different brands. Evidently the general appearance of Wallingford satisfied him that the man asked for this grade of cigars because he liked them and could afford them, for after the selection had been made the salesman observed that it was quite pleasant weather, looking Wallingford squarely in the eyes and smiling in sheer goodfellowship with all the world. He then renewed his attention to the "ping pong" game, and Wallingford, aimless for the time and occupied with that tremendous puzzle of the hotel bill, stood by and watched. A policeman came through, but no one paid any attention.
"h.e.l.lo, Joe!" he said affably to the man in charge, and pa.s.sed on into the back room. As the door of this was opened the sharp click of ivory chips came through, and Wallingford heard one strident voice say, "I"ll raise you ten." A brisk and gimlet-eyed young man came out a moment later with a fifty-dollar bill, for which he got change.
"How you making it, Tommy?" he asked perfunctorily of one of the men who were shaking dice.
"Rotten!" said the dice shaker. "I"ve won ten two-for-a-quarter cigars that have cost me four dollars."
"I"d blow the game," advised the young man with a bantering laugh.
"Shoot somebody for the four and quit double or even."
"I"ll do it," said the man addressed as Tommy. "Fade me, Joe?"
"Any amount, old man," said the proprietor nonchalantly, and taking four dollars from the cash register he left the drawer open. "How do you want to be skinned?"
"First-flop poker dice," said Tommy, picking up the leather box which Joe had slammed upon the board, and rattling the five dice in it.
One turn apiece and the proprietor picked up the money. Tommy silently threw a five on the case.
"You other fellows want in on this?" he asked.
J. Rufus suddenly felt that mysterious thing called a "hunch" p.r.i.c.kling in his wrist.
"How about letting a stranger in?" he observed, considering himself far enough west for this forwardness.
With a smile he made ready for that lightning glance of judgment which he knew would be leveled at him from three pairs of eyes at least.
"I"d rather anybody would have my money than Joe," said the man next to him, after that brief but pleased inspection and after an almost imperceptible nod from the proprietor. "Joe"s a robber and we none of us like him."
"I don"t think I like him very well myself," laughed Wallingford, throwing down his money, and, having accepted him, they judged him again from this new angle. He was a most likeable man, this big fellow, and an open-handed sport. Anybody could see that. It would make no difference to him whether he won or lost. All he wanted was to be in on the game.
Rich as the mint, no doubt.
In reality J. Rufus had but three five dollar bills in his pocket, but desperate needs require desperate remedies, and, in view of those vast needs, if he lost he would be but little worse off than he was now.
Twice he staked his last five, and then luck steadily alternated between him and the proprietor. One at a time the three others dropped out, and the two winners were left confronting each other.
"Well, old man," said the proprietor to Wallingford, shaking the box up and down while he talked, and smiling his challenge, "we split "em about even. Shall we quit satisfied, or shoot it off to see who owns the best rabbit"s foot?"