ich would not only be a great highway to
the west, but would open to market inexhaustible coal-fields and untold
millions of lumber. The plan of operations was very simple.
"We'll buy the lands," explained he, "on long time, backed by the notes
of good men; and then mortgage them for money enough to get the road well
on. Then get the towns on the line to issue their bonds for stock, and
sell their bonds for enough to complete the road, and partly stock it,
especially if we mortgage each section as we complete it. We can then
sell the rest of the stock on the prospect of the business of the road
through an improved country, and also sell the lands at a big advance,
on the strength of the road. All we want," continued Mr. Bigler in his
frank manner, "is a few thousand dollars to start the surveys, and
arrange things in the legislature. There is some parties will have to be
seen, who might make us trouble."
"It will take a good deal of money to start the enterprise," remarked Mr.
Bolton, who knew very well what "seeing" a Pennsylvania Legislature
meant, but was too polite to tell Mr. Bigler what he thought of him,
while he was his guest; "what security would one have for it?"
Mr. Bigler smiled a hard kind of smile, and said, "You'd be inside, Mr.
Bolton, and you'd have the first chance in the deal."
This was rather unintelligible to Ruth, who was nevertheless somewhat
amused by the study of a type of character she had seen before.
At length she interrupted the conversation by asking,
"You'd sell the stock, I suppose, Mr. Bigler, to anybody who was
attracted by the prospectus?"
"O, certainly, serve all alike," said Mr. Bigler, now noticing Ruth for
the first time, and a little puzzled by the serene, intelligent face that
was turned towards him.
"Well, what would become of the poor people who had been led to put their
little money into the speculation, when you got out of it and left it
half way?"
It would be no more true to say of Mr. Bigler that he was or could be
embarrassed, than to say that a brass counterfeit dollar-piece would
change color when refused; the question annoyed him a little, in Mr.
Bolton's presence.
"Why, yes, Miss, of course, in a great enterprise for the benefit of the
community there will little things occur, which, which--and, of course,
the poor ought to be looked to; I tell my wife, that the poor must be
looked to; if you can tell who are poor--there's so many impostors. An
|