Standing outside the city council door, on the Monday evening when the bill was finally passed, Mr. Samuel Blackman, president of the South Side Gas Company, a little, wispy man with shoe-brush whiskers, declared emphatically:
“This is a scoundrelly piece of business. If the mayor signs that he should be impeached. There is not a vote in there tonight that has not been purchased—not one. This is a fine element of brigandage to introduce into Chicago; why, people who have worked years and years to build up a business are not safe!”
“It’s true, every word of it,” complained Mr. Jordan Jules, president of the North Side company, a short, stout man with a head like an egg lying lengthwise, a mere fringe of hair, and hard, blue eyes. He was with Mr. Hudson Baker, tall and ambling, who was president of the West Chicago company. All of these had come to protest.
“It’s that scoundrel from Philadelphia. He’s the cause of all our troubles. It’s high time the respectable business element of Chicago realized just what sort of a man they have to deal with in him. He ought to be driven out of here. Look at his Philadelphia record. They sent him to the penitentiary down there, and they ought to do it here.”
Mr. Baker, very recently the guest of Schryhart, and his henchman, too, was also properly chagrined. “The man is a charlatan,” he protested to Blackman. “He doesn’t play fair. It is plain that he doesn’t belong in respectable society.”
Nevertheless, and in spite of this, the ordinance was passed. It was a bitter lesson for Mr. Norman Schryhart, Mr. Norrie Simms, and all those who had unfortunately become involved. A committee composed of all three of the old companies visited the mayor; but the latter, a tool of McKenty, giving his future into the hands of the enemy, signed it just the same. Cowperwood had his franchise, and, groan as they might, it was now necessary, in the language of a later day, “to step up and see the captain.” Only Schryhart felt personally that his score with Cowperwood was not settled. He would meet him on some other ground later. The next time he would try to fight fire with fire. But for the present, shrewd man that he was, he was prepared to compromise.
Thereafter, dissembling his chagrin as best he could, he kept on the lookout for Cowperwood at both of the clubs of which he was a member; but Cowperwood had avoided them during this period of excitement, and Muhammad would have to go to the mountain. So one drowsy June afternoon Mr. Schryhart called at Cowperwood’s office. He had on a bright, new, steel-gray suit and a straw hat. From his pocket, according to the fashion of the time, protruded a neat, blue-bordered silk handkerchief, and his feet were immaculate in new, shining Oxford ties.
“I’m sailing for Europe in a few days, Mr. Cowperwood,” he remarked, genially, “and I thought I’d drop round to see if you and I could reach some agreement in regard to this gas situation. The officers of the old companies naturally feel that they do not care to have a rival in the field, and I’m sure that you are not interested in carrying on a useless rate war that won’t leave anybody any profit. I recall that you were willing to compromise on a half-and-half basis with me before, and I was wondering whether you were still of that mind.”
“Sit down, sit down, Mr. Schryhart,” remarked Cowperwood, cheerfully, waving the newcomer to a chair. “I’m pleased to see you again. No, I’m no more anxious for a rate war than you are. As a matter of fact, I hope to avoid it; but, as you see, things have changed somewhat since I saw you. The gentlemen who have organized and invested their money in this new city gas company are perfectly willing—rather anxious, in fact—to go on and establish a legitimate business. They feel all the confidence in the world that they can do this, and I agree with them. A compromise might be effected between the old and the new companies, but not on the basis on which I was willing to settle some time ago. A new company has been organized since then, stock issued, and a great deal of money expended.” (This was not true.) “That stock will have to figure in any new agreement. I think a general union of all the companies is desirable, but it will have to be on a basis of one, two, three, or four shares—whatever is decided—at par for all stock involved.”
Mr. Schryhart pulled a long face. “Don’t you think that’s rather steep?” he said, solemnly.
“Not at all, not at all!” replied Cowperwood. “You know these new expenditures were not undertaken voluntarily.” (The irony of this did not escape Mr. Schryhart, but he said nothing.)
“I admit all that, but don’t you think, since your shares are worth practically nothing at present, that you ought to be satisfied if they were accepted at par?”
“I can’t
