"I don't know. Probably some millionaire. Those tenement houses are about as paying an investment as you can have."
"Hasn't anybody ever tried to do anything about them?"
"Not so far as I know. It's pretty difficult to get at these fellows, you see. But they're fierce, aren't they, those houses!"
"What," asked Psmith, "is the precise difficulty of getting at these merchants?"
"Well, it's this way. There are all sorts of laws about the places, but any one who wants can get round them as easy as falling off a log. The law says a tenement house is a building occupied by more than two families. Well, when there's a fuss, all the man has to do is to clear out all the families but two. Then, when the inspector fellow comes along, and says, let's say, 'Where's your running water on each floor? That's what the law says you've got to have, and here are these people having to go downstairs and out of doors to fetch their water supplies,' the landlord simply replies, 'Nothing doing. This isn't a tenement house at all. There are only two families here.' And when the fuss has blown over, back come the rest of the crowd, and things go on the same as before."
"I see," said Psmith. "A very cheery scheme."
"Then there's another thing. You can't get hold of the man who's really responsible, unless you're prepared to spend thousands ferreting out evidence. The land belongs in the first place to some corporation or other. They lease it to a lessee. When there's a fuss, they say they aren't responsible, it's up to the lessee. And he lies so low that you can't find out who he is. It's all just like the East. Everything in the East is as crooked as Pearl Street. If you want a square deal, you've got to come out Wyoming way."
"The main problem, then," said Psmith, "appears to be the discovery of the lessee, lad? Surely a powerful organ like Cosy Moments, with its vast ramifications, could bring off a thing like that?"
"I doubt it. We'll try, anyway. There's no knowing but what we may have luck."
"Precisely," said Psmith. "Full steam ahead, and trust to luck. The chances are that, if we go on long enough, we shall eventually arrive somewhere. After all, Columbus didn't know that America existed when he set out. All he knew was some highly interesting fact about an egg. What that was, I do not at the moment recall, but it bucked Columbus up like a tonic. It made him fizz ahead like a two-year-old. The facts which will nerve us to effort are two. In the first place, we know that there must be some one at the bottom of the business. Secondly, as there appears to be no law of libel whatsoever in this great and free country, we shall be enabled to haul up our slacks with a considerable absence of restraint."