But before that, what miseries had he not endured! He was wont to recount how, when grasshoppers and drought took all of their crops for two years after his father’s death, he and his mother and sister were reduced to want and he had actually been sent to beg a little cornmeal and salt from the local store on the promise to pay, possibly a year later. Taxes mounted up. There was no money to buy seed or to plant or replace stock, which had had to be sold. The family was without shoes or clothes. Osterman himself appeared to be of the fixed opinion that the citizens and dealers of Reamer, from near which point in Kansas he hailed, were a hard and grasping crew. He was fond of telling how swift they were to point out that there was no help for either himself or his mother or sister as farmers and to deny them aid and encouragement on that score. He once said that all he ever heard in the local branch of his mother’s church, of which he was never a confessing communicant, was “an eye for an eye, a tooth for a tooth”; also “with whatsoever measure ye mete it shall be measured to you again.” Obviously such maxims taken very much to heart by a boy of his acquisitive and determined nature might bring about some of the shrewd financial tricks later accredited to him. Yet he appears to have been a man of some consideration and sympathy where boys were concerned, for it was said that he made it a rule in all his adventures to select the poorest if most determined youths of his organization for promotion and to have developed all of his chief lieutenants from the ranks of farm or orphan boy beginners whom he encouraged to work for him. How true this is the writer is not able to state. However, of the forty or more eminent men who have been connected with him in his enterprises, all but four were farm or orphan boys who had entered his enterprises as clerks or menials at the very bottom, and some seven of the total were from his native State, Kansas.
IV
The private cogitations of the late John H. Osterman in his mansion at 1046 Fifth Avenue, New York, and elsewhere during the last five years of his life.
Oh, but those days when he had been working and scheming to get up in the world and was thinking that money was the great thing—the only thing! Those impossible wooden towns in the Northwest and elsewhere in which he had lived and worked, and those worse hotels and boarding-houses—always hunting, hunting for money or the key to it. The greasy, stinking craft in which he had made his way up weedy and muddy rivers in Honduras and elsewhere—looking for what? Snakes, mosquitoes, alligators, tarantulas, horned toads and lizards. In Honduras he had slept under chiqua trees on mats of chiqua leaves, with only a fire to keep away snakes and other things. And of a morning he had chased away noisy monkeys and parroquets from nearby branches with rotten fruit so as to sleep a little longer. Alone, he had tramped through fever swamps, pursued by Pequi Indians, who wanted only the contents of his wretched pack. And he had stared at huge coyal palms, a hundred feet high, with the great feathery leaves fifteen feet long and their golden flowers three feet high. Ah, well, that was over now. He had shot the quetzal with its yellow tail feathers three feet long and had traded them for food. Once he had all but died of fever in a halfbreed’s hut back of Cayo. And the halfbreed had then stolen his gun and razor and other goods and left him to make his way onward as best he might. That was life for you, just like that. People were like that.
And it was during that time that he had come to realize that by no honest way at his age was he likely to come to anything financially. Roaming about the drowsy, sun-baked realm, he had encountered Messner, an American and a fugitive, he guessed, and it was Messner who had outlined to him the very scheme by which he had been able, later, to amass his first quick fortune in New York. It was Messner who had told him of Torbey and how he had come up to London from Central Africa to offer shares in a bogus rubber enterprise based on immense forests which he was supposed to have found in the wilds of Africa yet which did not exist. And it was the immense though inaccessible rubber forests in Honduras that had inspired him to try the same thing in New York. Why not? A new sucker was born every minute, and he had all to gain and nothing to lose. Messner said that Torbey had advertised for a widow with some money to push his enterprise, whereupon he had proceeded to tell the London speculative public of his treasure and to sell two pound shares for as low as ten shillings in order to show tremendous rises in value—to issue two million pounds’ worth of absolutely worthless stock.
By these methods and by having the stock listed on the London curb he was able to induce certain curb or “dog” brokers to go short of this stock without having any of it in their possession. Finally they began to sell so freely and to pay so little attention to the amount that was being sold that it was easy for Torbey to employ agents to buy from all of them freely on margin. And then, as the law of the curb and the state permitted, he had demanded (through them, of course) the actual delivery of the shares, the full curb value of the stock being offered. Of course the brokers had none, although they had sold thousands; nor had any one else except Torbey, who had seen to it that all outstanding stock had been recalled to his safe. That meant that they must come to Torbey to buy or face a jail sentence, and accordingly they had flocked to his office, only to be properly mulcted for the total face value of the shares when they came.
Well, he had done that same thing in New York. Following the example of the good Torbey, he had picked up a few unimportant options in Honduras, far from any railroad, and had come to New York to launch Calamita. Just as Torbey had done, he had looked for a rich widow, a piano manufacturer’s wife in this case, and had persuaded her that there were millions in it. From her he had gone on to Wall Street and the curb and had done almost exactly as Torbey had done.... Only that fellow De Malquit had killed himself, and that was not so pleasant. He hadn’t anticipated that anything like that would happen! That unfortunate wife of his. And those two children made orphans. That was the darkest spot. He hadn’t known, of course, that De Malquit himself was helping orphans—or—And from there he had gone on to the forests of Washington and Oregon, where he had bought immense tracts on which even yet he was realizing, more and more. And from there it had been an easy step to oil in southern California and Mexico—Ah, Greasadick, another sad case!—And from there to mines and government concessions in Peru and Ecuador, and the still greater ones in Argentina and Chile. Money came fast to those who had it. At last, having accumulated a fortune of at least nine millions, he had been able to interest Nadia, and through her the clever and well-to-do fashionable set who had backed his projects with their free capital. And by now his fortune had swollen to almost forty millions.
But what of it? Could he say he was really content? What was he getting out of it? Life was so deceptive; it used and then tossed one aside. At first it had seemed wonderful to be able to go, do, act, buy and sell as he chose, without considering anything save whether the thing he was doing was agreeable and profitable. He had thought that pleasure would never pall, but it had. There was this thing about age, that it stole over one so unrelentingly, fattening one up or thinning one down, hardening the arteries and weakening the muscles and blood, until it was all but useless to go on. And what was the import of his success, anyhow, especially to one who had no children and no friends worthy of the name? There was no such thing as true friendship in nature. It was each man for himself, everywhere, and the devil take the hindmost. It was life that used and tossed one aside, however great or powerful one might be. There was no staying life or the drift of time.
Of course there had been the pleasure of building two great houses for Nadia and living in them when he was not living in other parts of the world. But all that had come too late; he had been too old to enjoy them when they did come. She had been a great catch no doubt, but much too attractive to be really interested in him at his age. His wealth had been the point with her—any one could see that; he knew it at the time and would not now try to deceive himself as to that. At the time he had married her she had had social position whereas he had none. And after she married him all her social influence, to be sure, had been used to advance his cause. Still, that scheme of hers to get him to leave his great fortune to those two worthless sons of hers. Never! They were not worthy of it. Those dancing, loafing wasters! He would see to it that his fortune was put to some better use than that. He would leave it to orphans rather than to them, for after all orphans in his employ had proved more valuable to him than even they had, hadn’t they?—That curious fellow, De Malquit!—So long ago. Besides wasn’t it Nadia’s two sons who had influenced their mother to interest herself in D’Eyraud, the architect who had built their two houses and had started Nadia off on that gallery idea. And not a picture in it that would interest a sensible person. And wasn’t it because of her that he had never troubled to answer the letters of his sister Elvira asking him to educate her two boys for her. He had fancied at the time that taking her two children into his life would in some way affect his social relations with Nadia and her set. And now Elvira was dead and he did not know where the children were. He could charge that to her if he wanted to, couldn’t he?