The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1921-09-01
The
Wreckers
D,
FRANCIS
LYNDB
ossyrsAs sy o@4 ssrss~<rs a.-s
(Continued)
CHAPTER XIV
The plpsonsnIse

INV Stk@SFReNNeS
In a day when punched money. how
ever arrogant IL may be, has been
taught 10 10 sort OF softly, the Hatch
people were careful not TO make any
public announcement Of the things
they were doing or going 10 do But
bad news has wings Of It's own. Mr.
Norcross was still IN the midst OF his
mail dictation 10 me the morning after
the bottom-all the different bottoms
fell out when Mr. Hornack came
bulging Ia.
what's all this fire-alarm that's
been sprung about q new elevator
trustY' be demanded, chewing on his
cigar as n II were something he were
trying TO eat. IT'S all over town that
G. 8 & W has been secretly reorgan.
ized. with the Hatch crowd In control
Tn having a perfect cyclone OF tele-
phone calls asking what. and how.
and why"
The boss reply Ignored the details.
Were In for II again" he announced
briefly. THE local companies couldn't
hold on 10 a good thing when they had
H. The stock has been swept up.
first into little heaps, and then into
big ones. and now the Hatch people
have forced a practical consolidation"
is that the factf--o only the way
you are doping II outl" queried the
traffic manager.
'It il the fact. Hatch came here
last night 10 tell me about Il; also,
90 tell me where we were 20 get on"
Hornack BIT OF a piece of the chewed
cigar and took a fresh hold on IT.
Does he think for one holy half
minute that we're going TO sit down
quietly and let him undo all the good
work that's been donei" be rasped.
''Iie does-just that. He's puttin~
US In the nine-hole. Hornack. and up
10 the present moment haven't found
the way 10 climb out Of II"
But the ground leasesT' Hornack
began. why can't we pull them on
himf"
"we might. II we hadn't been shot
dead In our tracks by the very men
who ought to be backing us to win
said the boss soberly. And then he
went on TO tell about the new grip
Hatch had on us.
OF course, Hornack blew up at that.
and what he said wasn't for publica-
ton. For a minute or so the air OF
the Office was blue When he got
down 10 common. ordinary English
again he was saying. between cusses
but you can't let II stand at that.
Norcross; you simply cantr' !.
Il don't intend TO-" was the even
toned rejolnder. But anything we
can do win always lack the element
of finality. Honack. while Wall Street
owns us. I've said II a hundred times
and I'll say II again: the only hope
for the public service corporation to
day lies In q distribution Of its securi-
ties among the people II actually
serves"
Hornack's teeth met in the middle
OF the ehewed cigar.
That's excellent logie-bully good
logic, II anybody should ask you But |
we're fighting a condition, not theory.
Nobody wants p. 5. l. Common even
NJ thirty-two You wouldn't advise /
your worst enemy 20 buy II at that
figure"
Il don't know" said the boss. kind /
Of musingly. You're forgetting the |
water that's been put into IL from time
10 time by the speculstors and reor- 4
sanizerS; there has been a good deal
of that. first and last. Nevertheless, 4
value for value. you know. and know.
that the property Is worth more than
thirty-two, including the bonds. What
! mean Is that II anybody would bur
The control az that hgure.-the con-
trol, mind you. and no; merely minor.
fy-and handle the road purely as a
iividend-earuing business proposition.
be wouldn't lose money: he'd make
money! lot of H.
~Al 81 which doesn't get rs any
xhere n the present pinch. returned
he trEf,ic manacer. Z suppose vel
havs % wait Until Hatch makes his
srsf move and I've stin cot nght
.nough left IN ne 10 hope that bell
make 0; suddenly Punch the button
'oF me Il anything new Develops. Tn
solng hack % swins % % my ieie-
pAone-
Following this talk with Hornack
here Nus e try-ouf with Bnloaghby
nd Juusman. but as this three cor
iered cxsufefence was held "a the pri-
rsfe ron q the suite. I dout know
rhat was said A little farther along. /
shsu he hoss vas ouce more whiting
u the afefauieu Mr Ven Briu stroile8