The Stoic

see them electrified and brought up to date. Among this element, and one of the principal minority shareholders in the District Railway, was Lord Stane, of whom Cowperwood had spoken. He was also one of the most prominent figures in the London social world.

This picture of the situation, written at great length by Sippens, was sufficient to stir Cowperwood. The central loop idea, if seized upon now, and bolstered with franchises or acts for extensions into the outlying areas, would give him exactly the type of control which he needed to make him the head and center of any future development.

And yet, unless he chose to dig into his own pockets, where was he to get the cash for all this? Probably a $100,000,000 eventually! He was at the moment dubious of inspiring a financial following which would furnish the capital, particularly since no one of the present London tubes appeared to be more than paying expenses. Certainly, this venture was a daring thing to consider at this time, and would have to be preceded and accompanied by an extremely subtle barrage of propaganda which would paint him in the best possible light.

He thought over all of the important American financial leaders, and their institution and banks, principally in the east, to whom, by reason of past dealings, he could now appeal. It should be made plain that he desired the credit rather than any exorbitant financial profit. For Berenice was right: this last and greatest of his financial adventures, if it came to pass, should be on a higher level than any of his previous enterprises, and so atone for all sins coupled with his customary jugglery.

In his heart, of course, he was by no means prepared to give over entirely his old tricks in connection with organizing and managing a traction development. Rather, since his schemes were not as well-known in England as in his own country, he was more than ever bent upon organizing a company for this and a company for that, one for each branch or existing system that was to be added or done over, the watered stocks of which would be sold to a gullible public. That was the way of such things. The public could always be hoodwinked into buying anything that was made to look sufficiently promising. It depended on the strength, respectability and stability that might be given to it by the proper associations. Having decided all this in his own mind, he at once cabled Sippens his thanks and instructions to remain in London pending further word.

In the meantime, Berenice’s mother had arrived in Chicago and established a temporary menage, and both Berenice and Cowperwood, in their different ways, made clear to her what had happened and how from now on they were all to be joined in this new and possibly troublesome relationship. Although at first, and in the presence of Berenice, Mrs. Carter did indulge in some tears—based principally on self-criticism of her past, which, as she truly enough insisted, was the real cause of her daughter’s present course—nevertheless she was by no means so reduced as her quite unstable conscience at times made her believe. For, after all, she reflected, Cowperwood was a great man, and, as he himself now stated to her, Berenice would not only inherit a goodly portion of his estate, but if Aileen died, or granted him a divorce, he would most certainly marry her. For the present, he, of course, was to continue as before: as Mrs. Carter’s friend and the guardian of her daughter. Whatever happened, and whatever the rumours from time to time, this explanation was to be maintained. And to that end, their public contacts were to be as few and as conventional as possible. What he and Berenice might privately devise for themselves was their own affair, but they would never travel on the same boat or train, nor stop at the same hotel anywhere.

As to London, Cowperwood fancied there might be considerable social life for all of them there, particularly since, if all went well, he expected to ally himself with the higher financial circles and possibly to use his connection with Berenice and her mother as a means of inducing a meeting of forces and friends most favorable to him at their home, since he was looking to Mrs. Carter to maintain such an establishment as would seem natural and proper for a widow and her daughter who were wealthy and of good repute.

Berenice, of course, since originally this was her idea, was enthusiastic. And Mrs. Carter, as she listened to Cowperwood, regardless of her conception of him as ruthless and almost cruelly uncompromising where his personal comforts were concerned, was almost persuaded that all was for the best. Berenice had presented her own case in the most practical manner:

“I really care for Frank, Mother,” she had said to her, “and I want to be with him as much as possible. He never tried to force me, you know; it was I who went to him, and it was I who suggested this. You know, it hasn’t seemed right to me for a long time, ever since I knew that the money we have been living on wasn’t yours but his, to take all and give nothing. And yet, I’ve been just as much of a coward as you have been, too selfish and thin- skinned to face life without anything, as would have been the case if he had left us.”

“Oh, I know you’re right, Bevy,” said her mother, almost pleadingly. “Please don’t reproach me. I suffer so much as it is. Please don’t. It’s your future that I’ve always been thinking of.”

“Please, Mother, please,” begged Berenice, softening toward her, for, after all, she loved her mother, foolish and errant as she had been. True, in her school days she had been inclined to belittle her mother’s taste, knowledge, and judgment. But now that she knew all, she had come to look on her mother in a different light, if by no means exempting her wholly, still forgiving and sympathizing with her in her present state. She made no more belittling or condescending remarks, but on the contrary gave her only kindness and understanding, as if she were trying to make up to her for the human ills that had befallen her.

And so now she added, softly and soothingly: “You remember, Mother, I found out quickly enough, when I tried for myself to see what I could do, that I hadn’t been brought up in a way that prepared me for any of the conditions I would have to face. I had been guarded and petted too much. And I’m not blaming you, or Frank, either. But there’s no future for me in a social way, not in this country. The best I can do, I’m sure, is to join my life with Frank’s, for he’s the one person who can really help me.”

Mrs. Carter nodded in agreement and smiled wistfully. She knew that she must do whatever Berenice wished. She had no life of her own, no way of living outside of dependence on Cowperwood and her daughter.

Chapter 12

And it was following this general understanding that Cowperwood, Berenice, and her mother left for New York, the women going first and Cowperwood following later. His purpose was to investigate the American investment situation and also to find some international brokerage house through which he might have the original proposition in regard to the Charing Cross line redirected to him for his consideration; that is, without his appearing to be interested.

Of course, there were his own New York and London brokers, Jarkins, Kloorfain & Randolph, but in such a portentous business as this he did not wholly trust them. Jarkins, the principal figure in the American branch of the concern, though cunning and in some ways useful, was still too self-interested and also at times talked too much. Yet to go to a strange brokerage firm would be no better. It might even be worse. He finally decided to have someone whom he could trust suggest to Jarkins that it might be wise for Greaves and Henshaw to approach him again.

In this connection, he recalled that one of the letters of introduction presented to him by Greaves and Henshaw on their first call was from a certain Raphael Cole, a retired New York banker of considerable wealth, who some years before had tried to interest him in New York transit. Though Cowperwood had been too engrossed at the time with his Chicago affairs to consider Cole’s proposition, the conversation had resulted in a friendship, and later Cole had invested in some of Cowperwood’s Chicago properties.

His present idea in regard to Cole was not only to prime him for a possible investment in this London venture but to get him to suggest, through Jarkins, that Greaves and Henshaw approach him again. He decided to invite Cole to dinner at his Fifth Avenue home, with Aileen as hostess. Thus he would begin the placation of Aileen and at the same time give Cole the impression that he was a contented husband, for Cole led a more or less conventional life. And this London plan would certainly require some such conventional background in order to forestall public criticism. In fact, Berenice had said to him, just before leaving for New York: “Now, remember, Frank, the more attention you show Aileen publicly, the better it will be for all of us.” And with that she had given him a still, blue look, which in force and suggestiveness seemed to embody all the subtlety of the ages.

And in consequence, en route to New York, thinking over the wisdom of Berenice’s words, he wired Aileen of his coming. And, incidentally, too, he now planned to get in touch with a certain Edward Bingham, a bond salesman of the social type who came to see him quite frequently, and who would probably be able to supply information in