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The Real Man
The engineer nodded.
"What explanation did Smith make?"
"Oh, he apologized like a gentleman, and said he was subject to little nervous attacks like that when anybody touched him unexpectedly. He took Burdell over to Pete Simm's shack saloon and bought him a drink. Perkins, the timekeeper, says he's going to get a megaphone so he can give due notice in advance when he wants to call Smith's attention."
The colonel pulled out a drawer in the desk, found his box of diplomatic cigars and passed it to the engineer, saying: "Light up a sure-enough good one, and tell me what you think Smith has been doing back yonder in the other country."
Williams took the cigar but he shied at the conundrum.
"Ask me something easy," he said. "I've stacked up a few guesses. He's from the Middle West – as the Bible says, his 'speech bewrayeth' him – and he's had a good job of some kind; the kind that required him to keep abreast of things. If there's anything in looks, you'd say he wasn't a thief or an embezzler, and yet it's pretty apparent that he's been used to handling money in chunks and making it work for its living. I've put it up that there's a woman in it. Perhaps the other fellow got in his way, or came up behind him and touched him unexpectedly, or something of that sort. Anyway, I'm not going to believe he's a crooked crook until I have to."
Colonel Baldwin helped himself to one of his own cigars, and the talk went back to business. In the irrigation project, Williams was a stockholder as well as the chief of construction, and Baldwin had more than once found him a safe adviser. There was need for counsel. The Timanyoni Ditch Company was in a rather hazardous condition financially, and the president and Williams rarely met without coming sooner or later to a threshing out of the situation.
The difficulties were those which are apt to confront a small and local enterprise when it is so unfortunate as to get in the way of larger undertakings. Colonel Baldwin, and a group of his neighbors on the north side of the river, were reformed cattlemen and horse breeders. Instead of drifting farther west in advance of the incoming tide of population following the coming of the railroad, they had availed themselves of their homestead rights and had taken up much of the grass-land in the favorable valleys, irrigating it at first with water taken out of the river in private or neighborhood ditches.
Later on came the sheep-feeding period, and after that the utilization of larger crop-raising areas. The small ditches proving inadequate for these, Colonel Baldwin had formed a stock company among his neighbors in the grass-lands and his friends in Brewster for the building of a substantial dam in the eastern hills. The project had seemed simple enough in the beginning. The stock was sold for cash and each stockholder would be a participating user of the water. Williams, who had been a United States reclamation man before he came to the Timanyoni, had made careful estimates, and the stock subscription provided money enough to cover the cost of the dam and the main ditch.
After some little bargaining, the dam site and the overflow land for the reservoir lake had been secured, and the work was begun. Out of a clear sky, however, came trouble and harassment. Alien holders of mining claims in the reservoir area turned up and demanded damages. Some few homesteaders who had promised to sign quitclaims changed their minds and sued for relief, and after the work was well under way it appeared that there was a cloud on the title of the dam site itself. All of these clashings were carried into court, and the rancher promoters found themselves confronting invisible enemies and obstacle-raisers at every turn.
The legal fight, as they soon found out, cost much money in every phase of it; and now, when the dam was scarcely more than half completed, a practically empty treasury was staring them in the face. This was the situation which called for its regular threshing out in every conference between Colonel Baldwin and his chief of construction. There was no disguising the fact that a crisis was approaching, a financial crisis which no one among the amateur promoters was big enough to cope with.
"We've got to go in deeper, Colonel; there is nothing else to do," was the engineer's summing up of the matter at the close of the conference. "The snow is melting pretty rapidly on the range now, and when we get the June rise we'll stand to lose everything we have if we can't keep every wheel turning to get ready for the high water."
Baldwin was holding his cigar between his fingers and scowling at it as if it had mortally offended him.
"Assessments on the stock, you mean?" he said. "I'm afraid our crowd won't stand for that. A good part of it is ready to lie down in the harness right now."
"How about a bond issue?" asked the engineer.
"Lord of heavens! What do we, or any of us, know about bond issues? Why, we knew barely enough about the business at the start to chip in together and buy us a charter and go to work on a plan a little bit bigger than the neighborhood ditch idea. You couldn't float bonds in Timanyoni Park, and we're none of us foxy enough to go East and float 'em."
"I guess that's right, too," admitted Williams. "Besides, with the stock gone off the way it has, it would take a mighty fine-haired financial sharp to sell bonds."
"What's that?" demanded the president. "Who's been selling any stock?"
"Buck Gardner, for one; and that man Bolling, up at the head of Little Creek, for another. Maxwell, the railroad superintendent, told me about it, and he says that the price offered, and accepted, was thirty-nine."
"Dad burn a cuss with a yellow streak in him!" rasped the Missouri colonel. "We had a fair and square agreement among ourselves that if anybody got scared he was to give the rest of us a chance to buy him out. Who bought from these welshers?"
"Maxwell didn't know that. He said it was done through Kinzie's bank. From what I've heard on the outside, I'm inclined to suspect that Crawford Stanton was the buyer."
"Stanton, the real-estate man?"
"The same."
Again the president stared thoughtfully at the glowing end of his cigar.
"There's another of the confounded mysteries," he growled. "Who is Crawford Stanton, and what is he here for? I know what he advertises, but everybody in Brewster knows that he hasn't made a living dollar in real estate since he came here last winter. Williams, do you know, I'm beginning to suspect that there is a mighty big nigger in our little wood-pile?"
"You mean that all these stubborn hold-ups have been bought and paid for? You'll remember that is what Billy Starbuck tried to tell us when the first of the missing mining-claim owners began to shout at us."
"Starbuck has a long head, and what he doesn't know about mining claims in this part of the country wouldn't fill a very big book. I remember he said there had never been any prospecting done in the upper Timanyoni gulches, and now you'd think half the people in the United States had been nosing around up there with a pick and shovel at one time or another. But it was a thing that Starbuck told me no longer ago than yesterday that set me to thinking," Baldwin went on. "As you know, the old Escalante Spanish Grant corners over in the western part of this park. When the old grants were made, they were ruled off on the map without reference to mountain ranges or other natural barriers."
Williams nodded.
"Well, as I say, one corner of the Escalante reaches over the Hophras and out into the park, covering about eight or ten square miles of the territory just beyond us on our side of the river. Starbuck told me yesterday that a big Eastern colonization company had got a bill through Congress alienating that tract."
The chief of construction bounded out of his chair and began to walk the floor. "By George!" he said; and again: "By George! That's what we're up against, Colonel! Where will those fellows get the water for their land? There is no site for a dam lower down than ours, and, anyway, that land lies too high to be watered by anything but a high-line ditch!"
"Nice little brace game, isn't it?" growled Baldwin. "If we hadn't been a lot of hayseed amateurs, we might have found out long ago that some one was running in a cold deck on us. What's your notion? Are we done up, world without end?"
Williams's laugh was grim.
"What we need, Colonel, is to go out on the street and yell for a doctor," he said. "It's beginning to look as if we had acquired a pretty bad case of malignant strangle-itis."
Baldwin ran his fingers through his hair and admitted that he had lost his sense of humor.
"It's hell, Williams," he said soberly. "You know how recklessly I've waded into this thing – how recklessly we've all gone into it for that matter. I'll come down like a man and admit that it has climbed up the ladder to a place where I can't reach it. This Eastern crowd is trying to freeze us out, to get our dam and reservoir and ditch rights for their Escalante scheme. When they do, they'll turn around and sell us water – at fifty dollars an inch, or something like that!"
"What breaks my heart is that we haven't been able to surround the sure-enough fact while there was still time to do something," lamented the ex-reclamation man. "The Lord knows it's been plain enough, with Stanton right here on the ground, and probably every one of the interferences traceable directly to him. He has begun to close in on us; his purchase of the Gardner and Bolling stockholdings is the beginning of the end. You know as well as I do, Colonel, what a contagious disease 'the yellows' is. Others will get it, and the first thing we know, Stanton will own a majority of the stock and be voting us all out of a job. You'll have to come around to my suggestion, after all, and advertise for a doctor." It was said of the chief of construction that he would have joked on his death-bed, and, as a follower for the joke, he added: "Why don't you call Smith in and give him the job?"
"Smith be damned," growled the colonel, who, as we have seen, had become completely color-blind on the sense-of-humor side.
"I wouldn't put it beyond him to develop into the young Napoleon of finance that we seem to be needing just now," Williams went on, carrying the jest to its legitimate conclusion.
Baldwin, like other self-made promoters in their day of trouble, was in the condition of the drowning man who catches at straws.
"You don't really mean that, Williams, do you?" he asked.
"No, I didn't mean it when I said it," was the engineer's admission; "I was only trying to get a rise out of you. But really, Colonel, on second thought I don't know but it is worth considering. As I say, Smith seems to know the money game from start to finish. What is better still, he is a fighter from the word go – what you might call a joyous fighter. Suppose you drive out to-morrow or next day and pry into him a little."
The rancher president had relapsed once more into the slough of discouragement.
"You are merely grabbing for handholds, Bartley – as I was a minute ago. We are in a bad row of stumps when we can sit here and talk seriously about roping down a young hobo and putting him into the financial harness. Let's go around to Frascati's and eat before you go back to camp. It's bread-time, anyway."
The chief of construction said no more about his joking suggestion at the moment, but when they were walking around the square to the Brewster Delmonico's he went back to the dropped subject in all seriousness, saying: "Just the same, I wish you could know Smith and size him up as I have. I can't help believing, some way, that he's all to the good."
V
The Specialist
Though the matter of calling in an expert doctor of finance to diagnose the alarming symptoms in Timanyoni Ditch had been left indeterminate in the talk between Colonel Baldwin and himself, Williams did not let it go entirely by default. On the day following the Brewster office conference the engineer sent for Smith, who was checking the output of the crushers at the quarry, and a little later the "betterment" man presented himself at the door of the corrugated-iron shack which served as a field office for the chief.
Williams looked the cost-cutter over as he stood in the doorway. Smith was thriving and expanding handsomely in the new environment. He had let his beard grow and it was now long enough to be trimmed to a point. The travel-broken clothes had been exchanged for working khaki, with lace boots and leggings, and the workman's cap had given place to the campaign felt of the engineers. Though he had been less than a month on the job, he was already beginning to tan and toughen under the healthy outdoor work – to roughen, as well, his late fellow members of the Lawrenceville Cotillon Club might have said, since he had fought three pitched battles with as many of the camp bullies, and had in each of them approved himself a man of his hands who could not only take punishment, but could hammer an opponent swiftly and neatly into any desired state of subjection.
"Come in here and sit down; I want to talk to you," was the way Williams began it; and after Smith had found a chair and had lighted a gift cigar from the headquarters desk-box, the chief went on: "Say, Smith, you're too good a man for anything I've got for you here. Haven't you realized that?"
Smith pulled a memorandum-book from his hip pocket and ran his eye over the private record he had been keeping.
"I've shown you how to effect a few little savings which total up something like fifteen per cent of your cost of production and operation," he said. "Don't you think I'm earning my wages?"
"That's all right; I've been keeping tab, too, and I know what you're doing. But you are not beginning to earn what you ought to, either for yourself or the company," put in the chief shrewdly. And then: "Loosen up, Smith, and tell me something about yourself. Who are you, and where do you come from, and what sort of a job have you been holding down?"
Smith's reply was as surprising as it was seemingly irrelevant.
"If you're not too busy, Mr. Williams, I guess you'd better make out my time-check," he said quietly.
Williams took a reflective half-minute for consideration, turning the sudden request over deliberately in his mind, as his habit was.
"I suppose, by that you mean that you'll quit before you will consent to open up on your record?" he assumed.
"You've guessed it," said the man who had sealed the book of his past.
Again Williams took a little time. It was discouraging to have his own and the colonel's prefigurings as to Smith's probable state and standing so promptly verified.
"I suppose you know the plain inference you're leaving, when you say a thing like that?"
Smith made the sign of assent. "It leaves you entirely at liberty to finish out the story to suit yourself," he admitted, adding: "The back numbers – my back numbers – are my own, Mr. Williams. I've kept a file of them, as everybody does, but I don't have to produce it on request."
"Of course, there's nothing compulsory about your producing it. But unless you are what they call in this country a 'crooked' crook, you are standing in your own light. You have such a staving good head for figures and finances that it seems a pity for you to be wasting it here on an undergraduate's job in cost-cutting. Any young fellow just out of a technical school could do what you're doing in the way of paring down expenses."
The cost-cutter's smile was mildly incredulous.
"Nobody seemed to be doing it before I came," he offered.
"No," Williams allowed, "that's the fact. To tell the plain truth, we've had bigger things to wrestle with; and we have them yet, for that matter – enough of them to go all around the job twice and tie in a bow-knot."
"Finances?" queried Smith, feeling some of the back-number instincts stirring within him.
The chief engineer nodded; then he looked up with a twinkle in his closely set gray eyes. "If you'll tell me why you tried to kill Burdell the other day, maybe I'll open up the record – our record – for you."
This time the cost-cutter's smile was good-naturedly derisive, and it ignored the reference to Burdell.
"You don't have to open up your record – for me; it's the talk of the camp. You people are undercapitalized – to boil it down into one word. Isn't that about the way it sizes up?"
"That is the way it has turned out; though we had capital enough to begin with. We've been bled to death by damage suits."
Smith shook his head. "Why haven't you hired a first-class attorney, Mr. Williams?"
"We've had the best we could find, but the other fellows have beaten us to it, every time. But the legal end of it hasn't been the whole thing or the biggest part of it. What we are needing most is a man who knows a little something about corporation fights and high finance." And at this the engineer forgot the Smith disabilities, real or inferential, and went on to explain in detail the peculiar helplessness of the Timanyoni Company as the antagonist of the as yet unnamed land and irrigation trust.
Smith heard him through, nodding understandingly when the tale was told.
"It's the old story of the big fish swallowing the little one; so old that there is no longer any saving touch of novelty in it," he commented. "I've been wondering if there wasn't something of that kind in your background. And you say you haven't any Belmonts or Morgans or Rockefellers in your company?"
"We have a bunch of rather badly scared-up ranch owners and local people, with Colonel Baldwin in command, and that's all. The colonel is a fighting man, all right, and he can shoot as straight as anybody, when you have shown him what to shoot at. But he is outclassed, like all the rest of us, when it comes to a game of financial freeze-out. And that is what we are up against, I'm afraid."
"There isn't the slightest doubt in the world about that," said the one who had been called in as an expert. "What I can't understand is why some of you didn't size the situation up long ago – before it got into its present desperate shape. You are at the beginning of the end, now. They've caught you with an empty treasury, and these stock sales you speak of prove that they have already begun to swallow you by littles. Timanyoni Common – I suppose you haven't any Preferred – at thirty-nine is an excellent gamble for any group of men who can see their way clear to buying the control. With an eager market for the water – and they can sell the water to you people, even if they don't put their own Escalante project through – the stock can be pushed to par and beyond, as it will be after you folks are all safely frozen out. More than that, they can charge you enough, for the water you've got to have, to finance the Escalante scheme and pay all the bills; and their investment, at the present market, will be only thirty-nine cents in the dollar. It's a neat little play."
Williams was by this time far past remembering that his adviser was a man with a possible alias and presumably a fugitive from justice.
"Can't something be done, Smith? You've had experience in these things; your talk shows it. Have we got to stand still and be shot to pieces?"
"The necessity remains to be demonstrated. But you will be shot to pieces, to a dead moral certainty, if you don't put somebody on deck with the necessary brains, and do it quickly," said Smith with frank bluntness.
"Hold on," protested the engineer. "Every man to his trade. When I said that we had nobody but the neighbors and our friends in the company, I didn't mean to give the impression that they were either dolts or chuckleheads. As a matter of fact, we have a pretty level-headed bunch of men in Timanyoni Ditch – though I'll admit that some of them are nervous enough, just now, to want to get out on almost any terms. What I meant to say was that they don't happen to be up in all the crooks and turnings of the high-finance buccaneers."
"I didn't mean to reflect upon Colonel Baldwin and his friends," rejoined the ex-cashier good-naturedly. "It is nothing especially discrediting to them that they are not up in all the tricks of a trade which is not theirs. The financing of a scheme like this has come to be a business by itself, Mr. Williams, and it is hardly to be expected that a group of inexperienced men could do it successfully."
"I know that, blessed well. That is what I said from the beginning, and I think Colonel Baldwin leaned that way, too. But it seemed like a very simple undertaking. A number of stockmen and crop growers wanted a dam and a ditch, and they had the money to pay for them. That seemed to be all there was to it in the beginning."
Smith was leaning back in his chair and smoking reflectively.
"Did you call me in here to get an expert opinion?" he asked, half humorously.
"Something of that kind – yes; just on the bare chance that you could, and would, give us one," Williams admitted.
"Well, I'm hardly an expert," was the modest reply; "but if I were in your place I should hire the best financial scrapper that money could pay for. I can't attempt to tell you what such a man would do, but he would at least rattle around in the box and try to give you a fighting chance, which is more than you seem to have now."
The construction chief turned abruptly upon his cost-cutter.
"Keeping in mind what you said a few minutes ago about 'back numbers,' would it be climbing over the fence too far for me to ask if your experience has been such as would warrant you in tackling a job of this kind?"
"That is a fair question, and I can answer it straight," said the man under fire. "I've had the experience."
"I thought so; and that brings on more talk. I'm not authorized to make you any proposal. But Colonel Baldwin and I were talking the matter over yesterday and your name was mentioned. I told the colonel that it was very evident that you were accustomed to handling bigger financial matters than these labor-and-material cost-cuttings you've been figuring on out here. If the colonel should ask you to, would you consider as a possibility the taking of the doctor's job on this sick project of ours?"
"No," was the brief rejoinder.
"Why not?"
Smith looked away out of the one square window in the shack at the busy scene on the dam stagings.
"Let us say that I don't care to mix and mingle with my kind, Mr. Williams, and let it go at that," he said.
"You are not interested in that side of it?"
"Interested, but not to the point of enlisting."
"You don't think of anything that might make you change your mind?"
"There is nothing that you could offer which would be a sufficient inducement."
"Why isn't there?"
"Because I'm not exactly a born simpleton, Mr. Williams. There are a number of reasons which are purely personal to me, and at least one which cuts ice on your side of the pond. Your financial 'doctor,' as you call him, would have to be trusted absolutely in the handling of the company's money and its negotiable securities. You would have a perfect right to demand any and every assurance of his fitness and trustworthiness. You could, and should, put him under a fairly heavy bond. I'll not go into it any deeper than to say that I can't give a bond."
Williams took his defeat, if it could be called a defeat, without further protest.
"I thought it might not be amiss to talk it over with you," he said. "I don't know that the colonel will make any move, but if he does, he will deal with you direct. You say it is impossible, and perhaps it is. But it won't do any harm for you to think it over, and if I were you, I shouldn't burn all the bridges behind me. There ought to be considerable money in it for the right man, if he succeeds, and nothing much to lose if he should fail."
Smith went back to his work in the quarry with a troubled mind. The little heart-to-heart talk with Williams had been sharply depressive. It had shown him, as nothing else could, how limited for all the remainder of his life his chances must be. That he would be pursued, that descriptions and photographs of the ex-cashier of the Lawrenceville Bank and Trust Company were already circulating from hand to hand among the paid man-catchers, he did not doubt for a moment. While he could remain as a workman unit in an isolated construction camp, there was some little hope that he might be overlooked. But to become the public character of Williams's suggestion in a peopled city was to run to meet his fate.