Theodore Dreiser Fullscreen Financier (1912)

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The thing to do was to terrorize him with a private threat of prosecution.

Butler was not long in arriving, and apologized for the delay.

Concealing his recent grief behind as jaunty an air as possible, he began with:

"It's a lively life I'm leadin', what with every bank in the city wantin' to know how their loans are goin' to be taken care of."

He took a cigar and struck a match.

"It does look a little threatening," said Senator Simpson, smiling.

"Sit down.

I have just been talking with Avery Stone, of Jay Cooke & Company, and he tells me that the talk in Third Street about Stener's connection with this Cowperwood failure is growing very strong, and that the newspapers are bound to take up the matter shortly, unless something is done about it.

I am sure that the news will also reach Mr. Wheat, of the Citizens' Reform Association, very shortly.

We ought to decide now, gentlemen, what we propose to do.

One thing, I am sure, is to eliminate Stener from the ticket as quietly as possible.

This really looks to me as if it might become a very serious issue, and we ought to be doing what we can now to offset its effect later."

Mollenhauer pulled a long breath through his cigar, and blew it out in a rolling steel-blue cloud.

He studied the tapestry on the opposite wall but said nothing.

"There is one thing sure," continued Senator Simpson, after a time, seeing that no one else spoke, "and that is, if we do not begin a prosecution on our own account within a reasonable time, some one else is apt to; and that would put rather a bad face on the matter.

My own opinion would be that we wait until it is very plain that prosecution is going to be undertaken by some one else—possibly the Municipal Reform Association—but that we stand ready to step in and act in such a way as to make it look as though we had been planning to do it all the time.

The thing to do is to gain time; and so I would suggest that it be made as difficult as possible to get at the treasurer's books.

An investigation there, if it begins at all—as I think is very likely—should be very slow in producing the facts."

The Senator was not at all for mincing words with his important confreres, when it came to vital issues. He preferred, in his grandiloquent way, to call a spade a spade.

"Now that sounds like very good sense to me," said Butler, sinking a little lower in his chair for comfort's sake, and concealing his true mood in regard to all this.

"The boys could easily make that investigation last three weeks, I should think.

They're slow enough with everything else, if me memory doesn't fail me."

At the same time he was cogitating as to how to inject the personality of Cowperwood and his speedy prosecution without appearing to be neglecting the general welfare of the local party too much.

"Yes, that isn't a bad idea," said Mollenhauer, solemnly, blowing a ring of smoke, and thinking how to keep Cowperwood's especial offense from coming up at this conference and until after he had seen him.

"We ought to map out our program very carefully," continued Senator Simpson, "so that if we are compelled to act we can do so very quickly.

I believe myself that this thing is certain to come to an issue within a week, if not sooner, and we have no time to lose.

If my advice were followed now, I should have the mayor write the treasurer a letter asking for information, and the treasurer write the mayor his answer, and also have the mayor, with the authority of the common council, suspend the treasurer for the time being—I think we have the authority to do that—or, at least, take over his principal duties but without for the time being, anyhow, making any of these transactions public—until we have to, of course.

We ought to be ready with these letters to show to the newspapers at once, in case this action is forced upon us."

"I could have those letters prepared, if you gentlemen have no objection," put in Mollenhauer, quietly, but quickly.

"Well, that strikes me as sinsible," said Butler, easily.

"It's about the only thing we can do under the circumstances, unless we could find some one else to blame it on, and I have a suggestion to make in that direction.

Maybe we're not as helpless as we might be, all things considered."

There was a slight gleam of triumph in his eye as he said this, at the same time that there was a slight shadow of disappointment in Mollenhauer's.

So Butler knew, and probably Simpson, too.

"Just what do you mean?" asked the Senator, looking at Butler interestedly.

He knew nothing of the sixty-thousand-dollar check transaction. He had not followed the local treasury dealings very closely, nor had he talked to either of his confreres since the original conference between them.

"There haven't been any outside parties mixed up with this, have there?"

His own shrewd, political mind was working.

"No-o. I wouldn't call him an outside party, exactly, Senator," went on Butler suavely.

"It's Cowperwood himself I'm thinkin' of.

There's somethin' that has come up since I saw you gentlemen last that makes me think that perhaps that young man isn't as innocent as he might be.

It looks to me as though he was the ringleader in this business, as though he had been leadin' Stener on against his will.

I've been lookin' into the matter on me own account, and as far as I can make out this man Stener isn't as much to blame as I thought.

From all I can learn, Cowperwood's been threatenin' Stener with one thing and another if he didn't give him more money, and only the other day he got a big sum on false pretinses, which might make him equally guilty with Stener.

There's sixty-thousand dollars of city loan certificates that has been paid for that aren't in the sinking-fund.

And since the reputation of the party's in danger this fall, I don't see that we need to have any particular consideration for him."

He paused, strong in the conviction that he had sent a most dangerous arrow flying in the direction of Cowperwood, as indeed he had.

Yet at this moment, both the Senator and Mollenhauer were not a little surprised, seeing at their last meeting he had appeared rather friendly to the young banker, and this recent discovery seemed scarcely any occasion for a vicious attitude on his part.

Mollenhauer in particular was surprised, for he had been looking on Butler's friendship for Cowperwood as a possible stumbling block.

"Um-m, you don't tell me," observed Senator Simpson, thoughtfully, stroking his mouth with his pale hand.