FREE BOOKS

Author's List




PREV.   NEXT  
|<   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52  
53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   >>   >|  
a battery of lawyers whom he thought invincible--William H. Seward, E. M. Dickerson, and Senator Reverdy Johnson. Manny made a giant effort at self-defence by hiring Abraham Lincoln, Edwin M. Stanton, Stephen A. Douglas, Peter H. Watson, George Harding, and Congressman H. Winter Davis. From first to last it was a lawyers' battle, and McCormick was finally defeated by Stanton, who made an unanswerably eloquent speech. For this speech Stanton received $10,000, and Lincoln, who had made no speech at all, was given $1,000. Yet, in the long run, the man who profited by this lawsuit was Lincoln; for it was this money that enabled him to carry on his famous debate with Douglas, and thus made him the inevitable candidate of the Republican Party. McCormick's most disastrous lawsuit was with D. M. Osborne and the Gordon brothers, of Rochester. In 1875 the Gordons had invented an attachment for a wire self-binder, and in a careless moment McCormick had signed a contract promising to make these self-binders and to pay $10 royalty on every machine. Then a man named Withington appeared with a much better self-binder. McCormick at once began to make the Withington machine and was sued by the Gordons. At this time McCormick was over seventy years of age, and crippled with rheumatism; but he believed that the Gordons had deceived him and he fought them sternly as long as he lived. After his death, his eldest son, Cyrus, consented to a compromise, whereby Osborne, who was owner of a share in the Gordon concern, and the Gordons were to be paid $225,000. But in order to impress upon them the enormity of this amount, he prepared the money for them in small bills. When they called at the McCormick office in Chicago, they were taken to a small room on the top floor and shown a great pyramid of green currency. "There is your money," said McCormick's lawyer. "Kindly count it and see if it is not a quarter of a million dollars." The three men gasped with mingled ecstasy and consternation. "B--b--but," stammered one of them, "how can we take it away? Can't you give us a cheque?" "That is the right amount, in legal money, gentlemen," replied the lawyer. "All I will say is that there are a couple of old valises in the closet--and I wish you good afternoon." For several hours Osborne and the Gordons literally waded in affluence, counting the money and packing it in the valises. By the time they had finished, it was eight o'clock. The
PREV.   NEXT  
|<   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52  
53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   >>   >|  



Top keywords:

McCormick

 

Gordons

 

Stanton

 

Lincoln

 

Osborne

 

speech

 

Gordon

 

Withington

 

machine

 

lawsuit


lawyer
 

lawyers

 

valises

 
amount
 

binder

 

Douglas

 

currency

 

Kindly

 
impress
 

enormity


prepared

 

concern

 
pyramid
 

called

 

office

 
Chicago
 

compromise

 

stammered

 

couple

 

closet


replied
 

afternoon

 
finished
 
packing
 

counting

 

literally

 

affluence

 

gentlemen

 

consternation

 

ecstasy


consented
 

mingled

 

gasped

 

million

 
dollars
 

cheque

 

quarter

 

finally

 

battle

 
defeated