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Favors Paris with Crumbs of the Good Fortune Falling from Battlesburg's Table
The article that followed was a clipping from the Paris _Times_, and from this it seemed that Colonel J. Rufus Wallingford, the famous multi-millionaire, late of Boston and New York but now of their neighbor and county seat, Battlesburg, had been purchasing property liberally along the main street of Paris, giving in exchange his promissory notes for ninety days, which notes, upon the telephonic advice of the Honorable G. W. Battles, of Battlesburg, were as good as gold. Similar reports were reprinted later on from the London _News_, the Dublin _Banner_, the Berlin _Clarion_, the Rome _Vindicator_, and from the papers of other towns still farther away. It was Clint Richards who became the Sherlock Holmes of Battlesburg and found the solution to this mystery, being led thereto by the fact that the only towns where Mr.
Wallingford was purchasing this property were along the direct east and west highway, which, running through Battlesburg, paralleled the P. D.
S. Railroad from Lewisville to Elliston. These two towns were not only the terminals of the P. D. S. Railroad, but were also the respective outposts of the great Midland Valley traction system and the vast Golden West traction system. The conclusion was obvious that either Colonel Wallingford intended to finance a traction road connecting those two great terminal points, or that he had absolute knowledge that such a line was to be built; _and Colonel Wallingford had chosen Battlesburg for his headquarters_!
It was exhilarating to see how Battlesburg arose to the vast possibilities of this conjecture. Men who but a brief two weeks before had slouched to their work in the morning as to a mere daily grind, now stepped forward briskly with smiles upon their faces and high courage in their hearts. Every man who had a dollar lying idle looked upon that dollar now not as so much rusting metal, but as being a raft which might float him high upon the sh.o.r.e of golden prosperity. Only Pete Parsons, of all that town, croaked a note of discord. He never for one moment forgot that J. Rufus Wallingford, upon the day he first registered at the Palace Hotel, had no baggage with him!
The return of Mr. Wallingford after the _Blade's_ revelation was the occasion of a tremendous ovation. Clint Richards had fairly to paw his way through the crowd that surrounded him on the steps of the bank, where he had stopped to draw a mere five hundred or so for his pocket money; but, once inside the closely packed circle, Clint pinned Colonel Wallingford down to an admission of his plans. Yes, the Lewisville, Battlesburg and Elliston Traction Line was a thing of the near future.
All that remained was to secure rights of way. Battlesburg would, in all probability, be headquarters, and the L., B. & E. might even build its car shops here if the citizens of Battlesburg were willing to do their share. Mr. Richards reached out impulsively to grasp the hand of Colonel Wallingford, but it was already in possession of Judge Lampton, who, thrilled with emotion, guaranteed Colonel Wallingford that the city of Battlesburg would not only be glad, but would be proud, to perform her part in this great work. He might have said more, but that the Honorable G. W. Battles, who had emerged upon the steps of the bank just above and behind Colonel Wallingford, publicly thanked that gentleman, on behalf of his fellow citizens, for this vast boon. Appreciating the opportunity thus thrown upon his very doorstep, Mr. Battles, by merely beginning to speak, quickly packed the street to the opposite curb with his admiring fellow townsmen, and gave them a half hour of such eloquence as only a Battles could summon upon the spur of the moment; and Colonel Wallingford, looming beside him as big and as impressive as the Panama bond issue, looked his part, every inch!
No open-air political meeting, no Fourth of July speechmaking, no dedication or grand opening had ever given rise to such tumultuous fervor as this. There were cheers and tigers galore for Colonel Wallingford, for the Honorable G. W. Battles, for Judge Lampton, for the Battlesburg _Blade_, for the L., B. & E. Traction line, for the city of Battlesburg, for everything and everybody, until the ecstatic throng was too hoa.r.s.e to cheer any more; and then, at Colonel Wallingford's cordial solicitation, the entire town moved down to the mansion which, by the magic of his money, this great benefactor had built within and without the sh.e.l.l of the one-time Star Boarding House. They filled his yard, they trampled his gra.s.s, they invaded the newly carpeted house, and the male portion of them pa.s.sed in earnest review before his sideboard.
Cakes and sandwiches were on the way in hot haste from Andy Wolf's bake-shop, boxes of cigars stood open upon the porch, ice cream appeared for the ladies. Suddenly there arose sweet strains of music upon the air, and down the street at a quick march, accompanied by happy Billy Ricks, came the Battlesburg bra.s.s band. Never before was Battlesburg so spontaneously aroused. Amid that happy throng, Colonel Wallingford, laughing from the sheer joy of feeding people into allegiance, moved like a prince in the midst of his devoted subjects; and while he smilingly accepted their homage, came copies of the Battlesburg _Blade_, wet from the press, an extra special edition. Great piles of these were kept replenished upon the porch throughout the evening, so that every inhabitant of the city of promise should know all the golden future that lay before him--and learn to subscribe. Battlesburg was at last to become the New Metropolis of the West; her citizens were to be in the very vortex of a vast whirlpool of wealth, and not one of them but should wax rich. From the East and from the West, from villages and farms, trade would rush in an endless stream aboard the trolley cars of the L., B. & E. traction line; Main Street of Battlesburg should become a Mecca where countless pilgrims would leave their stream of bright and s.h.i.+ning dollars; as business increased, property values would rise; with the first singing of the trolleys a hundred-dollar lot would be worth a thousand. And all this through the advent of that master magician of the modern commercial world, Colonel J. Rufus Wallingford!
Marked copies of that issue of the _Blade_ were sent to Paris, to London, to Dublin, to Berlin, to Rome and to all the other towns between Lewisville and Elliston, and all the papers on the route of the proposed new traction line caught up the information eagerly. Within three days a boom had leaped along every foot of what had been before but a lazy, dusty hundred miles of country road. It was a magnificent effect. Even Mrs. Wallingford read the accounts of this stupendous movement, which her husband had inaugurated, with wonder and amazement, and laid down the first _eight-page issue_ of the _Blade_ with sparkling eyes.
"Jim," she exclaimed, "I'm proud of you! It is worth something to have started thousands of people into new activity, new hope, new life; to have, by your own unaided efforts, doubled and tripled and quadrupled within just a few days the value of hundreds of thousands of dollars'
worth of property!"
Mr. Wallingford at that moment was pouring himself out a gla.s.s of champagne, and now he laughed.
"It is a big stunt, Fannie," he agreed; "especially when you come to think that outside of our traveling expenses it was all done at an expense of two-fifty cash, the amount I paid Lampton when I bought those first options."
It was almost unbelievable, but it was true, that all these huge impulses had been set in motion by mere commercial hypnotism. The public, however, saw in them only the power of unlimited money. Money!
At last its magic presence hovered over Battlesburg, a vast beneficent spirit that quivered in the very air and rendered the mere act of breathing an intoxication. Its glitter enhanced the glory of the very sunlight, and to its clinking music the staid inhabitants of the town that had slumbered for half a century quickened their pace as if inspired by the strains of a martial air. The same quickening that applied to individuals applied also to the town as a whole. Civic pride and ambition were aroused. The day after Wallingford returned, the Chamber of Commerce convened in special session, and a committee, composed of Henry Quig and Max Geldenstein, escorted Colonel Wallingford before that august board, where the Honorable G. W. Battles, as president, asked of the eminent capitalist a pregnant question.
Battlesburg wanted the shops of the L., B. & E. traction line. What did the L., B. & E. want?
His requirements were modest, Colonel Wallingford a.s.sured them. He demanded no cash bonus whatever. If they would merely provide him the ground to build the shops, and a lot conveniently placed in the center of the city for a freight, baggage and pa.s.senger station, and would use their influence with the city council to secure him a franchise, he would be content. He had secured options upon the very pieces of property that would be ideal for the purposes of the L., B. & E., but upon these he would ask no profit whatever, notwithstanding their enhanced value and his right to share in the wealth he had created. If the Chamber of Commerce would merely take up his options, repaying him the amounts he had paid to secure them, he would ask no more, and, further than that, he would take the option money, would add to it a like sum--or more--and with the total amount would purchase a fountain for Courthouse Square as an earnest of his sincere regard for Battlesburg and its enterprising and gentlemanly citizens.
The enthusiasm that greeted this announcement was distinctly audible for two blocks each way on Main Street, and in the midst of it the Honorable G. W. Battles arose to once more make the speech of his life. He could a.s.sure Colonel Wallingford that there would be no trouble in influencing the City Council to grant him a franchise, for the Chamber of Commerce had means of coercing the City Council; which was a splendid joke, for every member of the City Council was also a member of the Chamber of Commerce, and they were all present. Such a quant.i.ty of mutual good will and esteem was never before uncorked in so limited a s.p.a.ce as the social room of Odd Fellows' Hall, and Clint Richards was quite lost to find new adjectives for the front page of the next day's issue of the _Blade_. The glorious news, together with some striking ill.u.s.trations of the healthy advance of Battlesburg real estate, was copied in the papers of Paris, London, Dublin, Berlin and Rome. In those towns, too, the same civic activity was exhibited, the same golden hopes were aroused, the same era of prosperity set in; and the papers of those villages vied with each other in chronicling the evidences of increased wealth that had come upon them. Franchises, therefore, were to be had by the munificent Colonel Wallingford without the asking. Before he could even appeal to them, village councils had given him the exclusive use of their only desirable streets for fifty years without money and without price. Ground for stations was donated everywhere, and when Wallingford started out to secure a right of way from the regenerated farmers, who in these days kept themselves posted by telephone and rural free delivery, his triumphant progress would have sickened with envy the promoters of legitimate traction lines.
Discarding the big touring car, he secured a horse and buckboard, and donning yellow leather boots with straps and buckles at the calf, appeared upon the road the very apotheosis of a constructive engineering contractor; and when he stepped to the ground, big and hearty, and head and shoulders above nearly every man he went to see, when he gave them that cordial handclasp and laughed down upon them in that jovial way, every battle was half won. The thorough democracy of the man--that was what caught them! Moreover, the value of every foot of ground along the traction line was to be enhanced; at every farmhouse was to be an official stopping point with a platform; cars were to be run at least every hour; it would be possible to go to town in either direction, perform an errand and get back quickly, at infinitesimal cost and without sparing a horse from the field; sidings were to be made everywhere, and wheat cars, whenever required, would be loaded directly from the fields, the cost of transportation being guaranteed to remain less than one half that charged by the railroad; express cars were to be inaugurated, and upon these, milk, b.u.t.ter, eggs, produce of all kinds, could be s.h.i.+pped at trifling expense.
[Ill.u.s.tration: NEVER IN ALL HER MARRIED LIFE HAD SHE ENJOYED ANY POSITION APPROACHING THIS]
While Wallingford was enjoying this new _role_ he had created, his wife had also her taste of an entirely new life. She had no more than settled down in her new house than Mrs. G. W. Battles called upon her. Following her lead came Mrs. Geldenstein and Mrs. Quig and Mrs. Dorsett and the other acknowledged social leaders of the town. True, they criticised her house, her gowns, her manner of speech, her way of doing up her hair, but, this solemn duty performed, they unanimously agreed that she was a distinct acquisition to the polite life of the place. Never in all her married existence had she enjoyed any position approaching this. They had been nomads always, but now she had actual calls to make, actual, sober, formal friends.h.i.+ps to cement, all these made possible by her husband's vast importance in the community; and upon Wallingford's triumphant return from his campaign for the right of way he was surprised to find her grown so young and care-free.
"I like this place, Jim," she told him in explanation. "Let's fix it to stay here always."
He gazed down at her and laughed.
"What have you been doing?" he inquired. "Giving pink teas? Getting full credit for your diamonds and those Paris dresses and hats?"
She laughed with him in sheer lightness of spirit.
"It's more than that," she said. "It is because I'm a human being at last. I have a chance to be a real woman like other women, and it is nice to have everybody looking up to you as the biggest man in town, not even excepting Mr. Battles. Why, you could go to the Legislature from here! You could be elected to any office they have! You could even be governor, I think."
He laughed again and shook his head.
"There isn't enough in it," he a.s.sured her. "I'd rather promote a traction line. This is the best ever. Why, f.a.n.n.y, the entire population, on both sides of the road for a solid hundred miles, is laying awake nights and turning handsprings by day, all just to make money for yours truly."
"They owe it to you," she insisted. "Look how much money you're making for them. The only thing I don't like about it is that you're away so much. You must manage, though, to be home the twenty-first. I'm going to give a lawn reception."
"Fine!" he exclaimed. "Every little bit helps. It's a good business move," and he walked away, laughing.
CHAPTER XXI
IN WHICH THE SHEEP ARE SHEARED AND SKINNED AND THEIR HIDES TANNED
An engineer appeared upon the scene and ran a line straight down the center of Main Street, amid intense excitement on the part of the populace; then he trailed off into the country, and farmers driving into town reported seeing him at work all along the line. It was strange the amount of business that farmers found in town of late. Never before had so brisk a country trade been enjoyed at this season of the year, and the results were far-reaching. The Honorable G. W. Battles, on the occasion of one of Wallingford's visits to the bank, invited him into the back room.
"Are you going to build that hotel, Colonel?" he asked as soon as they were seated.
"I scarcely think so," replied Wallingford with apparent reluctance.
"The traction line itself is going to take all my time to look after it, and I really do not see how I can take part in any other work of magnitude."
"That lot, then," began Mr. Battles hesitatingly. "You know that property belongs to me. Judge Lampton, on the very day you first stopped here, came for a power of attorney to dispose of it. Of course your option hasn't expired yet, but if you don't figure on using the ground I might consider the building of a hotel myself."
"Good investment," declared Wallingford. "Just pay me the difference in increased valuation and take over the site."
"The difference in valuation?" mused Mr. Battles. "Of course, I appreciate the fact that you are ent.i.tled to some of the wealth you produce for us. About how much do you think the property has increased?"
"Oh, about four times," estimated Wallingford. "The lot's probably worth two thousand by now."
He had looked for a vigorous objection to this, but when the other turned to a scratch pad and began figuring, he was sorry that he had not asked more, for presently Mr. Battles turned to him with:
"Well, in the way property has been going, I presume the lot _is_ worth about two thousand. You paid a twenty-five-dollar option to hold it for ninety days, and that, of course, you lose. You owe me five hundred for the property and I owe you two thousand."
With no further words he took from his desk his private check book and wrote Mr. Wallingford an order for fifteen hundred dollars. Then, as by a common impulse, they walked straight up to the office of the Battlesburg _Blade_. That evening's issue flamed anew. The big hotel was a certainty. It would be called the Battles House. It would be four or five stories in height, and ground would be broken for it as soon as the plans could be prepared. In the same item were published the details of the real estate transaction. Mr. Battles had paid two thousand dollars for his own property, which, less than two months before, he had agreed to sell at five hundred dollars! Battlesburg was waking up.
Mr. Geldenstein and Henry Quig came to Mr. Wallingford with another proposition. Did he intend to build the new opera house, or would he care to dispose of the property he had secured with that end in view? As a favor to them he would dispose of it. With the money he had received from Mr. Battles he had already taken up his option on this and other property, and he let the opera-house syndicate have it for three thousand, four times what it had cost him. In the papers of Paris, London, Dublin, Berlin, Rome, these things were retold, and the temperature of those places went up another degree or two. Keeping his fingers carefully upon the pulse of the town, Wallingford began to draw upon his capital and close in his options. Men whose property he had been holding in leash, accepted that money with wailing and gnas.h.i.+ng of teeth, but, within a week, whatever of selfish bitterness they might have held was forgotten in the fever of speculation; for by the end of that time there appeared on the hill just east of town a gang of men with horses and sc.r.a.pers--and they began chipping off the top of that hill! Wallingford was out there every morning in his buckboard and yellow leggings and yellow leather cap. The Battlesburg _Blade_ and all the other papers from Lewisville to Elliston blazed with the fact that actual construction work had begun upon the L., B. & E., and the time when trolleys would begin to whiz through the main streets of a dozen villages was calculated to a second. Supply men, the agents of street car shops, of ironworks, of electrical machinery and the like, began flocking to Battlesburg until even Pete Parsons woke up and raised his hotel rates; and the arrival of each one of them was heralded in Colonel Wallingford's invaluable adjunct, the Evening _Blade_. From these men Wallingford secured "cuts," which he distributed gratis, and pictures of the palatial L., B. & E. cars appeared in all the papers along its right of way; photographs of the special wheat cars, of the freight and express cars, even of the through sleeping cars which would traverse the L., B. & E., carrying pa.s.sengers from the western limit of the Midland Valley traction system to the most eastern point of the Golden West traction system.
Ground for the opera house and the hotel was broken within a month, and, immediately upon this, small gangs of men were set to work grading near half a dozen different towns at once upon the projected route. The supreme moment of Wallingford's planning had arrived, for now leaped into devouring flame the blaze that he had kindled. What had at first been a quickening of business became a craze. At a rapidly accelerating pace property began to change hands, with a leap in value at every change. Men thought by day and dreamt by night of nothing but real estate speculation. A hundred per cent. could be made in a day by a lucky trade. A mere "suburban" lot that was purchased in the morning for two hundred and fifty dollars, by night could be sold for five hundred, and every additional transaction added fuel to the flames. The papers chronicled these deals as examples of the wonderful wealth that had suddenly descended upon their respective towns. Money, long h.o.a.rded, leaped forth from its hiding places. Everybody had money, everybody was making money. Even the farmers made real estate purchases in the towns, not to hold, but to turn over. The craze for speculation had at last seized upon them all, and it was now that Wallingford began to reap his harvest. A sale here, a sale there, with an occasional purchase to offset them, and he gradually began to unload, making it a rule never to close a deal that did not net him ten times the amount that he had invested. He was on the road constantly now, first in one village and then in another, ostensibly to look after details of the building of his route, but in reality to snap up money that was certain to be offered him for this or that or the other piece of property that he held.
And all this time the people to whom he sold were raving of the wealth that he had made for them! Battlesburg nor any other town stopped for a moment to consider that he had brought it not one cent of new wealth; that the money they were pa.s.sing so feverishly from hand to hand was their own; that the values he had created for them were purely artificial. They would only realize this after he had gone, and then would come gradually the knowledge that, in place of creating wealth, he had lost it to them in the exact amount that he carried away. Never in all his planning had it crossed his mind really to build a traction line. Throughout a stretch of a hundred miles he had succeeded in starting a mad, unreasoning scramble for real estate, and he, having bought first to sell last, was the princ.i.p.al gainer. He was unloading now at flood-tide from one end of the line to the other, and the ebb would see all these thousands of people standing dazed and agape upon the barren beach of their hopes. Some few shrewd ones would be ahead, but for the most part the "investors" would find themselves with property upon their hands bought at an absurd valuation that could never be realized.
At no time did Wallingford talk to his wife about his plans and intentions. She, like the rest of them, saw the work apparently pus.h.i.+ng forward, and gave herself up to the social triumphs that were hers at last. She was supremely happy, and her lawn reception upon the twenty-first was, to quote the Battlesburg _Blade_, "the most exclusive and _recherche al fresco_ function of a decade," and Wallingford, hurrying in late from the road, scarcely recognized his wife as, in a s.h.i.+mmering white gown, she moved among her guests with a flush upon her cheeks that heightened the sparkling of her eyes. The grounds had been wired, and electric lights of many colors glowed among the trees. On the porch an orchestra, recruited from the ranks of the Battlesburg band, discoursed ambitious music, and Wallingford smiled grimly as he thought of the awakening that must come within a week or so. He had reached the house un.o.bserved, and paused for a moment outside the fence to view the scene as a stranger might.
"I made it myself," he mused, with a strange perversion of pride. "I'm the Big Josh, all right; but it will be a shame to kick the props out from under all this giddy jubilee."
His wife discovered him and came smiling to meet him, and on his way into the house to change his clothing Tim Battles met him at the porch steps with a cordial handshake.
"Well, how goes it, Colonel?" asked the mayor. "We're listening now for the hum of the trolleys almost any day."
"Maybe you're deaf," retorted Wallingford enigmatically, and laughed.
"What will you do if the golden spike is never pounded in?"