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Kaffrath¡¡pricked¡¡up¡¡his¡¡ears¡£¡¡¡¡What¡¡was¡¡the¡¡city¡¡Council¡¡going¡¡to¡¡do£¿¡¡He¡¡wanted¡¡to¡¡know¡¡all¡¡about¡¡it¡£¡¡¡¡They¡¡discussed¡¡the¡¡whole¡¡situationthe¡¡nature¡¡of¡¡the¡¡cable¡conduits£»¡¡the¡¡cost¡¡of¡¡the¡¡power¡houses£»¡¡the¡¡need¡¡of¡¡new¡¡rails£»¡¡and¡¡the¡¡necessity¡¡of¡¡heavier¡¡bridges£»¡¡or¡¡some¡¡other¡¡means¡¡of¡¡getting¡¡over¡¡or¡¡under¡¡the¡¡river¡£¡¡¡¡Addison¡¡took¡¡very¡¡good¡¡care¡¡to¡¡point¡¡out¡¡that¡¡the¡¡Chicago¡¡City¡¡or¡¡South¡¡Side¡¡Railway¡¡was¡¡in¡¡a¡¡much¡¡more¡¡fortunate¡¡position¡¡than¡¡either¡¡of¡¡the¡¡other¡¡two¡¡by¡¡reason¡¡of¡¡its¡¡freedom¡¡from¡¡the¡¡river¡crossing¡¡problem¡£¡¡¡¡Then¡¡he¡¡again¡¡commiserated¡¡the¡¡North¡¡Side¡¡company¡¡on¡¡its¡¡rather¡¡difficult¡¡position¡£¡¡¡¡¡¨Your¡¡company¡¡will¡¡have¡¡a¡¡very¡¡great¡¡deal¡¡to¡¡do£»¡¡I¡¡fancy£»¡¨¡¡he¡¡reiterated¡£
Kaffrath¡¡was¡¡duly¡¡impressed¡¡and¡¡appropriately¡¡depressed£»¡¡for¡¡his¡¡eight¡¡hundred¡¡shares¡¡would¡¡be¡¡depressed¡¡in¡¡value¡¡by¡¡the¡¡necessity¡¡of¡¡heavy¡¡expenditures¡¡for¡¡tunnels¡¡and¡¡other¡¡improvements¡£¡¡¡¡Nevertheless£»¡¡there¡¡was¡¡some¡¡consolation¡¡in¡¡the¡¡thought¡¡that¡¡such¡¡betterment£»¡¡as¡¡Addison¡¡now¡¡described£»¡¡would¡¡in¡¡the¡¡long¡¡run¡¡make¡¡the¡¡lines¡¡more¡¡profitable¡£¡¡¡¡But¡¡in¡¡the¡¡mean¡¡time¡¡there¡¡might¡¡be¡¡rough¡¡sailing¡£¡¡¡¡The¡¡old¡¡directors¡¡ought¡¡to¡¡act¡¡soon¡¡now£»¡¡he¡¡thought¡£¡¡With¡¡the¡¡South¡¡Side¡¡company¡¡being¡¡done¡¡over£»¡¡they¡¡would¡¡have¡¡to¡¡follow¡¡suit¡£¡¡¡¡But¡¡would¡¡they£¿¡¡How¡¡could¡¡he¡¡get¡¡them¡¡to¡¡see¡¡that£»¡¡even¡¡though¡¡it¡¡were¡¡necessary¡¡to¡¡mortgage¡¡the¡¡lines¡¡for¡¡years¡¡to¡¡come£»¡¡it¡¡would¡¡pay¡¡in¡¡the¡¡long¡¡run£¿¡¡He¡¡was¡¡sick¡¡of¡¡old£»¡¡conservative£»¡¡cautious¡¡methods¡£
After¡¡the¡¡lapse¡¡of¡¡a¡¡few¡¡weeks¡¡Addison£»¡¡still¡¡acting¡¡for¡¡Cowperwood£»¡¡had¡¡a¡¡second¡¡and¡¡private¡¡conference¡¡with¡¡Kaffrath¡£¡¡¡¡He¡¡said£»¡¡after¡¡exacting¡¡a¡¡promise¡¡of¡¡secrecy¡¡for¡¡the¡¡present£»¡¡that¡¡since¡¡their¡¡previous¡¡conversation¡¡he¡¡had¡¡become¡¡aware¡¡of¡¡new¡¡developments¡£¡¡¡¡In¡¡the¡¡interval¡¡he¡¡had¡¡been¡¡visited¡¡by¡¡several¡¡men¡¡of¡¡long¡¡connection¡¡with¡¡street¡railways¡¡in¡¡other¡¡localities¡£¡¡¡¡They¡¡had¡¡been¡¡visiting¡¡various¡¡cities£»¡¡looking¡¡for¡¡a¡¡convenient¡¡outlet¡¡for¡¡their¡¡capital£»¡¡and¡¡had¡¡finally¡¡picked¡¡on¡¡Chicago¡£¡¡¡¡They¡¡had¡¡looked¡¡over¡¡the¡¡various¡¡lines¡¡here£»¡¡and¡¡had¡¡decided¡¡that¡¡the¡¡North¡¡Chicago¡¡City¡¡Railway¡¡was¡¡as¡¡good¡¡a¡¡field¡¡as¡¡any¡£¡¡¡¡He¡¡then¡¡elaborated¡¡with¡¡exceeding¡¡care¡¡the¡¡idea¡¡which¡¡Cowperwood¡¡had¡¡outlined¡¡to¡¡him¡£¡¡¡¡Kaffrath£»¡¡dubious¡¡at¡¡first£»¡¡was¡¡finally¡¡won¡¡over¡£¡¡¡¡He¡¡had¡¡too¡¡long¡¡chafed¡¡under¡¡the¡¡dusty£»¡¡poky¡¡attitude¡¡of¡¡the¡¡old¡¡regime¡£¡¡¡¡He¡¡did¡¡not¡¡know¡¡who¡¡these¡¡new¡¡men¡¡were£»¡¡but¡¡this¡¡scheme¡¡was¡¡in¡¡line¡¡with¡¡his¡¡own¡¡ideas¡£¡¡¡¡It¡¡would¡¡require£»¡¡as¡¡Addison¡¡pointed¡¡out£»¡¡the¡¡expenditure¡¡of¡¡several¡¡millions¡¡of¡¡dollars£»¡¡and¡¡he¡¡did¡¡not¡¡see¡¡how¡¡the¡¡money¡¡could¡¡be¡¡raised¡¡without¡¡outside¡¡assistance£»¡¡unless¡¡the¡¡lines¡¡were¡¡heavily¡¡mortgaged¡£¡¡¡¡If¡¡these¡¡new¡¡men¡¡were¡¡willing¡¡to¡¡pay¡¡a¡¡high¡¡rate¡¡for¡¡fifty¡one¡¡per¡¡cent¡£¡¡of¡¡this¡¡stock¡¡for¡¡ninety¡nine¡¡years¡¡and¡¡would¡¡guarantee¡¡a¡¡satisfactory¡¡rate¡¡of¡¡interest¡¡on¡¡all¡¡the¡¡stock¡¡as¡¡it¡¡stood£»¡¡besides¡¡inaugurating¡¡a¡¡forward¡¡policy£»¡¡why¡¡not¡¡let¡¡them£¿¡¡It¡¡would¡¡be¡¡just¡¡as¡¡good¡¡as¡¡mortgaging¡¡the¡¡soul¡¡out¡¡of¡¡the¡¡old¡¡property£»¡¡and¡¡the¡¡management¡¡was¡¡of¡¡no¡¡value£»¡¡anyhow¡£¡¡¡¡Kaffrath¡¡could¡¡not¡¡see¡¡how¡¡fortunes¡¡were¡¡to¡¡be¡¡made¡¡for¡¡these¡¡new¡¡investors¡¡out¡¡of¡¡subsidiary¡¡construction¡¡and¡¡equipment¡¡companies£»¡¡in¡¡which¡¡Cowperwood¡¡would¡¡be¡¡interested£»¡¡how¡¡by¡¡issuing¡¡watered¡¡stock¡¡on¡¡the¡¡old¡¡and¡¡new¡¡lines¡¡the¡¡latter¡¡need¡¡scarcely¡¡lay¡¡down¡¡a¡¡dollar¡¡once¡¡he¡¡had¡¡the¡¡necessary¡¡opening¡¡capital¡¡£¨the¡¡¡¨talking¡¡capital£»¡¨¡¡as¡¡he¡¡was¡¡fond¡¡of¡¡calling¡¡it£©¡¡guaranteed¡£¡¡¡¡Cowperwood¡¡and¡¡Addison¡¡had¡¡by¡¡now¡¡agreed£»¡¡if¡¡this¡¡went¡¡through£»¡¡to¡¡organize¡¡the¡¡Chicago¡¡Trust¡¡Company¡¡with¡¡millions¡¡back¡¡of¡¡it¡¡to¡¡manipulate¡¡all¡¡their¡¡deals¡£¡¡¡¡Kaffrath¡¡only¡¡saw¡¡a¡¡better¡¡return¡¡on¡¡his¡¡stock£»¡¡possibly¡¡a¡¡chance¡¡to¡¡get¡¡in¡¡on¡¡the¡¡¡¨ground¡¡plan£»¡¨¡¡as¡¡a¡¡new¡¡phrase¡¡expressed¡¡it£»¡¡of¡¡the¡¡new¡¡company¡£
¡¨That's¡¡what¡¡I've¡¡been¡¡telling¡¡these¡¡fellows¡¡for¡¡the¡¡past¡¡three¡¡years£»¡¨¡¡he¡¡finally¡¡exclaimed¡¡to¡¡Addison£»¡¡flattered¡¡by¡¡the¡¡latter's¡¡personal¡¡attention¡¡and¡¡awed¡¡by¡¡his¡¡great¡¡influence£»¡¡¡¨but¡¡they¡¡never¡¡have¡¡been¡¡willing¡¡to¡¡listen¡¡to¡¡me¡£¡¡¡¡The¡¡way¡¡this¡¡North¡¡Side¡¡system¡¡has¡¡been¡¡managed¡¡is¡¡a¡¡crime¡£¡¡¡¡Why£»¡¡a¡¡child¡¡could¡¡do¡¡better¡¡than¡¡we¡¡have¡¡done¡£¡¡¡¡They've¡¡saved¡¡on¡¡track¡¡and¡¡rolling¡stock£»¡¡and¡¡lost¡¡on¡¡population¡£¡¡¡¡People¡¡are¡¡what¡¡we¡¡want¡¡up¡¡there£»¡¡and¡¡there¡¡is¡¡only¡¡one¡¡way¡¡that¡¡I¡¡know¡¡of¡¡to¡¡get¡¡them£»¡¡and¡¡that¡¡is¡¡to¡¡give¡¡them¡¡decent¡¡car¡¡service¡£¡¡¡¡I'll¡¡tell¡¡you¡¡frankly¡¡we've¡¡never¡¡done¡¡it¡£¡¨
Not¡¡long¡¡after¡¡this¡¡Cowperwood¡¡had¡¡a¡¡short¡¡talk¡¡with¡¡Kaffrath£»¡¡in¡¡which¡¡he¡¡promised¡¡the¡¡latter¡¡not¡¡only¡¡six¡¡hundred¡¡dollars¡¡a¡¡share¡¡for¡¡all¡¡the¡¡stock¡¡he¡¡possessed¡¡or¡¡would¡¡part¡¡with¡¡on¡¡lease£»¡¡but¡¡a¡¡bonus¡¡of¡¡new¡¡company¡¡stock¡¡for¡¡his¡¡influence¡£¡¡¡¡Kaffrath¡¡returned¡¡to¡¡the¡¡North¡¡Side¡¡jubilant¡¡for¡¡himself¡¡and¡¡for¡¡his¡¡company¡£¡¡¡¡He¡¡decided¡¡after¡¡due¡¡thought¡¡that¡¡a¡¡roundabout¡¡way¡¡would¡¡best¡¡serve¡¡Cowperwood's¡¡ends£»¡¡a¡¡line¡¡of¡¡subtle¡¡suggestion¡¡from¡¡some¡¡seemingly¡¡disinterested¡¡party¡£¡¡¡¡Consequently¡¡he¡¡caused¡¡William¡¡Johnson£»¡¡the¡¡directing¡¡engineer£»¡¡to¡¡approach¡¡Albert¡¡Thorsen£»¡¡one¡¡of¡¡the¡¡most¡¡vulnerable¡¡of¡¡the¡¡directors£»¡¡declaring¡¡he¡¡had¡¡heard¡¡privately¡¡that¡¡Isaac¡¡White£»¡¡Arnold¡¡C¡£¡¡Benjamin£»¡¡and¡¡Otto¡¡Matjes£»¡¡three¡¡other¡¡directors¡¡and¡¡the¡¡heaviest¡¡owners£»¡¡had¡¡been¡¡offered¡¡a¡¡very¡¡remarkable¡¡price¡¡for¡¡their¡¡stock£»¡¡and¡¡that¡¡they¡¡were¡¡going¡¡to¡¡sell£»¡¡leaving¡¡the¡¡others¡¡out¡¡in¡¡the¡¡cold¡£
Thorsen¡¡was¡¡beside¡¡himself¡¡with¡¡grief¡£¡¡¡¡¡¨When¡¡did¡¡you¡¡hear¡¡that£¿¡¨¡¡he¡¡asked¡£
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Cowperwood£»¡¡waking¡¡the¡¡next¡¡morning¡¡in¡¡Aileen's¡¡roomhe¡¡had¡¡been¡¡out¡¡late¡¡the¡¡night¡¡before¡¡with¡¡McKenty£»¡¡Addison£»¡¡Videra£»¡¡and¡¡othersturned¡¡and£»¡¡patting¡¡her¡¡neck¡¡where¡¡she¡¡was¡¡dozing£»¡¡said£º¡¡¡¨Well£»¡¡pet£»¡¡yesterday¡¡afternoon¡¡I¡¡wound¡¡up¡¡that¡¡North¡¡Chicago¡¡Street¡¡Railway¡¡deal¡£¡¡¡¡I'm¡¡president¡¡of¡¡the¡¡new¡¡North¡¡Side¡¡company¡¡just¡¡as¡¡soon¡¡as¡¡I¡¡get¡¡my¡¡board¡¡of¡¡directors¡¡organized¡£¡¡¡¡We're¡¡going¡¡to¡¡be¡¡of¡¡some¡¡real¡¡consequence¡¡in¡¡this¡¡village£»¡¡after¡¡all£»¡¡in¡¡a¡¡year¡¡or¡¡two¡£¡¨
He¡¡was¡¡hoping¡¡that¡¡this¡¡fact£»¡¡among¡¡other¡¡things£»¡¡would¡¡end¡¡in¡¡mollifying¡¡Aileen¡¡toward¡¡him¡£¡¡¡¡She¡¡had¡¡been¡¡so¡¡gloomy£»¡¡remote£»¡¡weary¡¡these¡¡many¡¡daysever¡¡since¡¡the¡¡terrific¡¡assault¡¡on¡¡Rita¡£
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Cowperwood¡¡brought¡¡himself¡¡up¡¡on¡¡one¡¡elbow¡¡and¡¡looked¡¡at¡¡her£»¡¡smoothing¡¡her¡¡round£»¡¡bare¡¡arms£»¡¡which¡¡he¡¡always¡¡admired¡£¡¡¡¡The¡¡luminous¡¡richness¡¡of¡¡her¡¡hair¡¡had¡¡never¡¡lost¡¡its¡¡charm¡¡completely¡£
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¡¨Oh¡¡yes£»¡¡Frank£»¡¡I'm¡¡glad¡¡for¡¡you£»¡¨¡¡commented¡¡Aileen£»¡¡rather¡¡drearily£»¡¡who£»¡¡in¡¡spite¡¡of¡¡her¡¡sorrow¡¡over¡¡his¡¡defection£»¡¡was¡¡still¡¡glad¡¡that¡¡he¡¡was¡¡going¡¡on¡¡and¡¡forward¡£¡¡¡¡¡¨You'll¡¡always¡¡do¡¡all¡¡right¡£¡¨
¡¨I¡¡wish¡¡you¡¡wouldn't¡¡feel¡¡so¡¡badly£»¡¡Aileen£»¡¨¡¡he¡¡said£»¡¡with¡¡a¡¡kind¡¡of¡¡affectional¡¡protest¡£¡¡¡¡¡¨Aren't¡¡you¡¡going¡¡to¡¡try¡¡and¡¡be¡¡happy¡¡with¡¡me£¿¡¡This¡¡is¡¡as¡¡much¡¡for¡¡you¡¡as¡¡for¡¡me¡£¡¡¡¡You¡¡will¡¡be¡¡able¡¡to¡¡pay¡¡up¡¡old¡¡scores¡¡even¡¡better¡¡than¡¡I¡¡will¡£¡¨
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