Финансист

Chapter XVI

           Still,therewereotherstreets,andthecitywasgrowing.Theincomingpopulationwouldmakegreatbusinessinthefuture.Onecouldaffordtopayalmostanypricefortheshortlinesalreadybuiltifonecouldwaitandextendthelinesintolargerandbetterareaslater.Andalreadyhehadconceivedinhisownmindthetheoryofthe"endlesschain,"or"argeeableformula,"asitwaslatertermed,ofbuyingacertainpropertyonalong-timepaymentandissuingstocksorbondssufficientnotonlytopayyourseller,buttoreimburseyouforyourtrouble,tosaynothingofgivingyouamarginwherewithtoinvestinotherthingsalliedproperties,forinstance,againstwhichmorebondscouldbeissued,andsoon,adinfinitum.Itbecameanoldstorylater,butitwasnewatthattime,andhekeptthethoughtcloselytohimself.NonethelesshewasgladtohaveStenerspeakofthis,sincestreet-railwayswerehishobby,andhewasconvincedthathewouldbeagreatmasterofthemifheeverhadanopportunitytocontrolthem.

           "Why,yes,George,"hesaid,noncommittally,therearetwoorthreethatofferagoodchanceifamanhadmoneyenough.Inoticeblocksofstockbeingofferedon‘changenowandthenbyonepersonandanother.Itwouldbegoodpolicytopickthesethingsupasthey’reoffered,andthentoseelaterifsomeoftheotherstockholderswon’twanttosellout.GreenandCoates,now,lookslikeagoodpropositiontome.

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