FREE BOOKS

Author's List




PREV.   NEXT  
|<   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65  
66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   >>   >|  
of competition. The thing is simply a dead cert. It can't help going." "A large capital would be required," said Stutz, "a very large capital." "Yes," said Gorman, "a very large capital, much larger than I should care to see invested in the thing. I may as well be quite frank with you gentlemen. At present the patents of my brother's invention are owned by a small company in which I am the chief shareholder. If we ask the public for a million dollars and get them--I don't say we can't get them. We may. But if we do I shall be a very small shareholder. I shall get 5 per cent, or 6 per cent, or perhaps 10 per cent, on my money. Now I want more than that. I'm speaking quite frankly, you see. I believe in frankness." He looked at Ascher for approval. Stutz bowed, with an impassive face. On Ascher's lips there was the ghost of a mournful little smile. I somehow gathered that he had come across frankness like Gorman's before and had not altogether liked it. Gorman went on. He explained, as he had explained to me, the plan he had made for forcing the owners of existing cash registers to buy his company out. At last he got to the central, the vitally important point. "All we want, gentlemen, is your backing. You needn't put down any money. Your names will be enough. I will make over to you such bonus shares as may be agreed upon. The only risk we run is lawsuits about our patent rights. You understand how that game is worked. I needn't explain." It was evident that both Ascher and Stutz understood that game thoroughly. It was also plain to me, though not, I think, to Gorman, that it was a game which neither one nor other of them would be willing to play. "But if we have your names," said Gorman, "that game's off. It simply wouldn't pay. I don't want to flatter you, gentlemen, but there isn't a firm in the world that would care to start feeing lawyers in competition with Ascher Stutz & Co." "That is so," said Stutz. "And your proposal?" said Ascher. "If they can't crush us," said Gorman, "and they can't if you're behind us, they must buy us. I need scarcely say that your share in the profits will be satisfactory to you. Sir James Digby is one of our directors. There are only four others, and three of them scarcely count. There won't be many of us to divide what we get." I felt that my time had come to speak. If I was to justify Gorman's confidence in me as an "influence," I must say something. Besides Asch
PREV.   NEXT  
|<   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65  
66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   >>   >|  



Top keywords:

Gorman

 

Ascher

 
gentlemen
 

capital

 

scarcely

 
frankness
 

explained

 

company

 

simply

 

shareholder


competition
 

understood

 
evident
 

confidence

 

justify

 

understand

 

lawsuits

 
shares
 

agreed

 

Besides


influence

 
worked
 

rights

 

patent

 

explain

 
proposal
 

directors

 
satisfactory
 
profits
 

flatter


divide
 

wouldn

 

feeing

 

lawyers

 

dollars

 

million

 
public
 

looked

 

frankly

 

speaking


required

 

larger

 

brother

 
invention
 
patents
 

present

 

invested

 

approval

 

central

 

vitally