Финансист

Chapter XXVII

           

           Theoneunfortunatethingaboutsuchanarrangementwasthatbydoingithewasbuildinguparathercomplicatedsituationinregardtothesesamecertificates.Sincetheirpurchaseinthemorning,hehadnotdepositedtheminthesinking-fund,wheretheybelonged(theyhadbeendeliveredtohisofficebyhalfpastoneintheafternoon),but,onthecontrary,hadimmediatelyhypothecatedthemtocoveranotherloan.Itwasariskythingtohavedone,consideringthathewasindangeroffailingandthathewasnotabsolutelysureofbeingabletotakethemupintime.

           But,hereasoned,hehadaworkingagreementwiththecitytreasurer(illegalofcourse),whichwouldmakesuchatransactionratherplausible,andalmostallright,evenifhefailed,andthatwasthatnoneofhisaccountsweresupposednecessarilytobeputstraightuntiltheendofthemonth.Ifhefailed,andthecertificateswerenotinthesinking-fund,hecouldsay,aswasthetruth,thathewasinthehabitoftakinghistime,andhadforgotten.Thiscollectingofacheck,therefore,fortheseasyetundepositedcertificateswouldbetechnically,ifnotlegallyandmorally,plausible.Thecitywouldbeoutonlyanadditionalsixtythousanddollarsmakingfivehundredandsixtythousanddollarsalltold,whichinviewofitsprobablelossoffivehundredthousanddidnotmakesomuchdifference.

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