THE GROWTH OF A BUBBLE
"Young Hardy's making his mark down on the island," observed J. Malcolm Weston to his partner that morning when they had received notice of the stock purchase made by Jess, "and if the fellow keeps on as he has started the quarry won't stand us out a penny."
"I doubt if he does," responded Mr. Hill, who, be it said, fulfilled the part of a balance wheel to Weston. "From what you have told me there aren't many on the island who have any spare money."
"Oh, you can't always tell by the clothes such jays wear how much they have hid away in old stockings," responded Weston. "Those mossbacks never spend a cent and once they grasp a dollar it passes out of circulation."
"I am surprised Hardy landed this man Hutton for five hundred," said Hill, "and so early in the game."
"I am also," replied Weston, "and if I felt sure that Hardy could be trusted with our plans, I would tell him what our next move is, but I am not. The trouble with him is, he is too honest, and when we begin to throw out bait in the way of advance dividends, he will suspect our game and I am not sure how he will take it."
"Do not think of that yet," replied Hill, "so long as we keep all the cards in our own hands, we know where the joker is, but never afterward."
"I am a good mind to take a ran down to Rockhaven," continued Weston meditatively, "and get better acquainted with this old duffer Hutton and the rest. Also make some of them a present of a little stock, just to interest them. It's the way to catch mackerel and those few shares will return us good results when we declare a dividend."
"Better not," replied the more cautious of the two, "those old fishermen are not fools, and will conclude that if you are willing to give stock away, it's of no value. When we do pay a dividend this Hutton will not keep it a secret and Hardy can then reap the harvest. Besides, he and his honesty must be considered. It won't do to alarm him. He believes the scheme is legitimate, and as he has a finger in the pie, will work for his own end and sell all the stock he can. What I should advise is that we notify him the price is now two dollars per share and let that leaven work as it will. How much stock have we sold already?"
"About six thousand shares," replied Weston, "counting that bought by Hardy."