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- Теодор Драйзер
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The
plan
Cowperwood
developed
after
a
few
days
'
meditation
will
be
plain
enough
to
any
one
who
knows
anything
of
commercial
and
financial
manipulation
,
but
a
dark
secret
to
those
who
do
not
.
In
the
first
place
,
the
city
treasurer
was
to
use
his
(
Cowperwood
's
)
office
as
a
bank
of
deposit
.
He
was
to
turn
over
to
him
,
actually
,
or
set
over
to
his
credit
on
the
city
's
books
,
subject
to
his
order
,
certain
amounts
of
city
loans
--
two
hundred
thousand
dollars
at
first
,
since
that
was
the
amount
it
was
desired
to
raise
quickly
--
and
he
would
then
go
into
the
market
and
see
what
could
be
done
to
have
it
brought
to
par
.
The
city
treasurer
was
to
ask
leave
of
the
stock
exchange
at
once
to
have
it
listed
as
a
security
.
Cowperwood
would
then
use
his
influence
to
have
this
application
acted
upon
quickly
.
Stener
was
then
to
dispose
of
all
city
loan
certificates
through
him
,
and
him
only
.
He
was
to
allow
him
to
buy
for
the
sinking-fund
,
supposedly
,
such
amounts
as
he
might
have
to
buy
in
order
to
keep
the
price
up
to
par
.
To
do
this
,
once
a
considerable
number
of
the
loan
certificates
had
been
unloaded
on
the
public
,
it
might
be
necessary
to
buy
back
a
great
deal
.
However
,
these
would
be
sold
again
.
The
law
concerning
selling
only
at
par
would
have
to
be
abrogated
to
this
extent
--
i.e.
,
that
the
wash
sales
and
preliminary
sales
would
have
to
be
considered
no
sales
until
par
was
reached
.
There
was
a
subtle
advantage
here
,
as
Cowperwood
pointed
out
to
Stener
.
In
the
first
place
,
since
the
certificates
were
going
ultimately
to
reach
par
anyway
,
there
was
no
objection
to
Stener
or
any
one
else
buying
low
at
the
opening
price
and
holding
for
a
rise
.
Cowperwood
would
be
glad
to
carry
him
on
his
books
for
any
amount
,
and
he
would
settle
at
the
end
of
each
month
.
He
would
not
be
asked
to
buy
the
certificates
outright
.
He
could
be
carried
on
the
books
for
a
certain
reasonable
margin
,
say
ten
points
.
The
money
was
as
good
as
made
for
Stener
now
.
In
the
next
place
,
in
buying
for
the
sinking-fund
it
would
be
possible
to
buy
these
certificates
very
cheap
,
for
,
having
the
new
and
reserve
issue
entirely
in
his
hands
,
Cowperwood
could
throw
such
amounts
as
he
wished
into
the
market
at
such
times
as
he
wished
to
buy
,
and
consequently
depress
the
market
.
Then
he
could
buy
,
and
,
later
,
up
would
go
the
price
.
Having
the
issues
totally
in
his
hands
to
boost
or
depress
the
market
as
he
wished
,
there
was
no
reason
why
the
city
should
not
ultimately
get
par
for
all
its
issues
,
and
at
the
same
time
considerable
money
be
made
out
of
the
manufactured
fluctuations
.
He
,
Cowperwood
,
would
be
glad
to
make
most
of
his
profit
that
way
.
The
city
should
allow
him
his
normal
percentage
on
all
his
actual
sales
of
certificates
for
the
city
at
par
(
he
would
have
to
have
that
in
order
to
keep
straight
with
the
stock
exchange
)
;
but
beyond
that
,
and
for
all
the
other
necessary
manipulative
sales
,
of
which
there
would
be
many
,
he
would
depend
on
his
knowledge
of
the
stock
market
to
reimburse
him
.
And
if
Stener
wanted
to
speculate
with
him
--
well
.
Dark
as
this
transaction
may
seem
to
the
uninitiated
,
it
will
appear
quite
clear
to
those
who
know
.
Manipulative
tricks
have
always
been
worked
in
connection
with
stocks
of
which
one
man
or
one
set
of
men
has
had
complete
control
.
It
was
no
different
from
what
subsequently
was
done
with
Erie
,
Standard
Oil
,
Copper
,
Sugar
,
Wheat
,
and
what
not
.
Cowperwood
was
one
of
the
first
and
one
of
the
youngest
to
see
how
it
could
be
done
.
When
he
first
talked
to
Stener
he
was
twenty-eight
years
of
age
.
When
he
last
did
business
with
him
he
was
thirty-four
.
The
houses
and
the
bank-front
of
Cowperwood
&
Co.
had
been
proceeding
apace
.
The
latter
was
early
Florentine
in
its
decorations
with
windows
which
grew
narrower
as
they
approached
the
roof
,
and
a
door
of
wrought
iron
set
between
delicately
carved
posts
,
and
a
straight
lintel
of
brownstone
.
It
was
low
in
height
and
distinguished
in
appearance
.
In
the
center
panel
had
been
hammered
a
hand
,
delicately
wrought
,
thin
and
artistic
,
holding
aloft
a
flaming
brand
.
Ellsworth
informed
him
that
this
had
formerly
been
a
money-changer
's
sign
used
in
old
Venice
,
the
significance
of
which
had
long
been
forgotten
.
The
interior
was
finished
in
highly-polished
hardwood
,
stained
in
imitation
of
the
gray
lichens
which
infest
trees
.
Large
sheets
of
clear
,
beveled
glass
were
used
,
some
oval
,
some
oblong
,
some
square
,
and
some
circular
,
following
a
given
theory
of
eye
movement
.
The
fixtures
for
the
gas-jets
were
modeled
after
the
early
Roman
flame-brackets
,
and
the
office
safe
was
made
an
ornament
,
raised
on
a
marble
platform
at
the
back
of
the
office
and
lacquered
a
silver-gray
,
with
Cowperwood
&
Co.
lettered
on
it
in
gold
.
One
had
a
sense
of
reserve
and
taste
pervading
the
place
,
and
yet
it
was
also
inestimably
prosperous
,
solid
and
assuring
.
Cowperwood
,
when
he
viewed
it
at
its
completion
,
complimented
Ellsworth
cheerily
.
"
I
like
this
.
It
is
really
beautiful
.
It
will
be
a
pleasure
to
work
here
.
If
those
houses
are
going
to
be
anything
like
this
,
they
will
be
perfect
.
"
"
Wait
till
you
see
them
.
I
think
you
will
be
pleased
,
Mr.
Cowperwood
.
I
am
taking
especial
pains
with
yours
because
it
is
smaller
.
It
is
really
easier
to
treat
your
father
's
.
But
yours
--
"
He
went
off
into
a
description
of
the
entrance-hall
,
reception-room
and
parlor
,
which
he
was
arranging
and
decorating
in
such
a
way
as
to
give
an
effect
of
size
and
dignity
not
really
conformable
to
the
actual
space
.
And
when
the
houses
were
finished
,
they
were
effective
and
arresting
--
quite
different
from
the
conventional
residences
of
the
street
.
They
were
separated
by
a
space
of
twenty
feet
,
laid
out
as
greensward
.
The
architect
had
borrowed
somewhat
from
the
Tudor
school
,
yet
not
so
elaborated
as
later
became
the
style
in
many
of
the
residences
in
Philadelphia
and
elsewhere
.
The
most
striking
features
were
rather
deep-recessed
doorways
under
wide
,
low
,
slightly
floriated
arches
,
and
three
projecting
windows
of
rich
form
,
one
on
the
second
floor
of
Frank
's
house
,
two
on
the
facade
of
his
father
's
.
There
were
six
gables
showing
on
the
front
of
the
two
houses
,
two
on
Frank
's
and
four
on
his
father
's
.
In
the
front
of
each
house
on
the
ground
floor
was
a
recessed
window
unconnected
with
the
recessed
doorways
,
formed
by
setting
the
inner
external
wall
back
from
the
outer
face
of
the
building
.
This
window
looked
out
through
an
arched
opening
to
the
street
,
and
was
protected
by
a
dwarf
parapet
or
balustrade
.
It
was
possible
to
set
potted
vines
and
flowers
there
,
which
was
later
done
,
giving
a
pleasant
sense
of
greenery
from
the
street
,
and
to
place
a
few
chairs
there
,
which
were
reached
via
heavily
barred
French
casements
.
