The Power of the Press

           Themorningpapers,inspiteoftheeffortsofCowperwoodandhisfriendstokeepthistransfersecret,shortlythereafterwerefullofrumorsofachangein"NorthChicago."FrankAlgernonCowperwood,hithertounmentionedinconnectionwithChicagostreet-railways,waspointedtoastheprobablesuccessortoOniasC.Skinner,andEdwinL.Kaffrath,oneoftheolddirectors,asfuturevice-president.Themenbackofthedealwerereferredtoas"inalllikelihoodEasterncapitalists."Cowperwood,ashesatinAileen’sroomexaminingthevariousmorningpapers,sawthatbeforethedaywasoverhewouldbesoughtoutforanexpressionofopinionandfurtherdetails.Heproposedtoaskthenewspapermentowaitafewdaysuntilhecouldtalktothepublishersofthepapersthemselveswintheirconfidenceandthenannounceageneralpolicy;itwouldbesomethingthatwouldpleasethecity,andtheresidentsoftheNorthSideinparticular.Atthesametimehedidnotcaretopromiseanythingwhichhecouldnoteasilyandprofitablyperform.Hewantedfameandreputation,buthewantedmoneyevenmore;heintendedtogetboth.

           Toonewhohadbeenworkingthuslongintheminorrealmsoffinance,asCowperwoodconsideredthathehadsofarbeendoing,thissuddenupwardstepintothemoreconspicuousregionsofhighfinanceandcontrolwasanall-inspiringthing.

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