“Yes,” said I, “you said something of the sort.”
“You must trust me in this: I understand the market better than you do, don't y' know. Perhaps you have noticed that Blackberry Traction is very low—down to ninety, I think?”
“No,” I replied, “the thing is news to me. I know nothing of stocks.”
“It's as well. This, then, is my road to wealth for both of us. As a first move, don't y' know, and as rapidly as I can without sending it up, I shall load myself for our joint account with we'll say—since I'm sure I can get that much—forty thousand shares of Blackberry. It will take me ten days. When I'm ready, the president of Blackberry will call upon you; he will, really! He will have an elaborate plan for extending Blackberry to the northern limits of the town; and he will ask, besides, for a half-dozen cross-town franchises to act as feeders to the main line, and to connect it with the ferries. Be slow and thoughtful with our Blackberry president, but encourage him. Gad! keep him coming to you for a month, and on each occasion seem nearer to his view. In the end, tell him he can have those franchises—cross-town and extensions—and, for your side, go about the preliminary orders to city officers. It will send Blackberry aloft like an elevator, don't y' know! Those forty thousand shares will go to one hundred and thirty-five—really!”
Two weeks later Morton gave me the quiet word that he held for us a trifle over forty thousand shares of Blackberry which he had taken at an average of ninety-one. Also, he had so intrigued that the Blackberry's president would seek a meeting with me to consider those extensions, and discover my temper concerning them.
The president of Blackberry and I came finally together in a parlor of the Hoffman House, as being neutral ground. I found him soft-voiced, plausible, with a Hebrew cast and clutch. He unfurled his blue-prints, which showed the proposed extensions, and what grants of franchises would be required.
At the beginning, I was cold, doubtful; I distrusted a public approval of the grants, and feared the public's resentment.
“Tammany must retain the people's confidence,” said I. “It can only do so by protecting jealously the people's interests.”
The president of Blackberry shrugged his shoulders. He looked at me hard, and as one who waited for my personal demands. He would not speak, but paused for me to begin. I could feel it in the air how a halfmillion might be mine for the work of asking. I never said the word, however; I had no mind to put my hand into that dog's mouth.
Thus we stood; he urging, I considering the advisability of those asked-for franchises. This was our attitude throughout a score of conferences, and little by little I went leaning the Blackberry way.