The Romance and Tragedy of a Widely Known Business Man of New York Part 26

From an office-boy at four dollars per week I had brought him up in my business, launched him out as a broker, supported him liberally, and made him successful. All he ever had in the world he owed either directly or indirectly to me. He wronged me in the old days before the failure in 1895, again in this later failure, and now added insult to injury in his base ingrat.i.tude.

In these days of trial I was often severely pressed for ready money in small amounts for current expenses. My old friend Will Curtice had responded to my occasional requests for loans, which had been invariably returned, though not always with promptness. The time came when he declined, saying he could not do it, which meant he would not, for he was becoming a rich man. At a later period, and when my credit with butcher and grocer had reached the limit.

I wrote to him for fifty dollars. I told him it was for bread and b.u.t.ter for my family and that whether he made the loan or not I should never again appeal to him. He returned my letter, first writing across it, "It is quite impossible." A few days later I met him in the street. He saw me coming and deliberately cut me.

Another friend gone. One of the old "Immortal Ten"--the man who had composed that song containing the lines:

"And Stowe has been so generous since, That all the crowd have dubbed him Prince."

At one of our old dinner-parties I heard Curtice say, in the course of conversation, "Friends are of no use except for what you can get out of them." He laughed when he said it and I supposed it was a thoughtless joke--perhaps he meant it seriously.

CHAPTER XLVI

AT THE BRINK OF THE GRAVE

It is the afternoon of January 4th, 1903. I am going from my office, home to that devoted woman who has in all my bitter trials stood by me brave as a lion, always the same loving, cheerful, true wife--the mother of my children, those dear ones who have done their best to aid in her heroic efforts to sustain my courage and comfort me in my awful distress of mind.

On my way to the train I stop at a drug store. To the clerk I say, "A bottle of morphine pills." He looks at me an instant and says, "For neuralgia, perhaps"? I reply, "Yes." He hands me a book. I register a fict.i.tious name and address, take the bottle and leave the store. How easy it is to get possession of this deadly drug which brings rest in a sleep that knows no end.

How can I go into that home and greet my loved ones with this awful thought in my mind? What am I about to do? Am I going to plunge that poor family into the lowest depths of grief and shame? G.o.d, forgive me! I do not think of that phase. And why do I not think of it?

The brain is weary to the straining point. Nothing but abject poverty, cruel, gaunt want stares me in the face. Can I see my loved ones hungry without a roof to shelter them? I am penniless. The tradesmen will give no further credit. The landlord wants his rent and I have not a friend in the world that I can think of to help me. I have humiliated myself in the dust in my efforts to borrow a little money.

I have asked it as a loan or charity, if they chose to regard it as the same thing, from men of wealth who have known me intimately for many years, but all in vain.

And so I am going to destroy myself that my family may get immediate relief through the paltry few thousand dollars of life insurance, all that remains of the nearly two hundred thousand dollars I carried in my prosperous days.

I have thought of what will be the probable course of events after my death. Probably my wife, perhaps with Mrs. Slater, will buy a small farm and raise chickens or something of that sort, out of which all can get a living until the boys can help to something better--anyway, they will be better off without me.

Fallacious reasoning to ease the mind for a coward's act, say you?

Perhaps--but I could not see it so at that time. All that I could grasp in my mental state was the fact that I had no money and knew not where to get any. Money must be found for my family to exist and my death would bring it--consequently I must die.

On the ferryboat I stood on the rear deck and looked back at the lights of the great city. It was, so I believed, my last farewell to the scene of my busy life. I was strangely calm.

On the train I read the evening paper as usual and after arriving at my station walked home. The fond greeting from all, never omitted, seemed that evening especially tender. There was no poverty of love, whatever the material conditions might be. Our simple dinner over, the evening was pa.s.sed as usual and we retired.

The details of the awful horror which followed would inflict too much pain on me to write and give my readers no pleasure to read.

For many hours the physicians labored at their almost hopeless task and finally dragged me back from the brink of the grave.

Before leaving my office I had mailed a letter to a friend in the trade requesting him to take charge of my business matters the following morning. He did so, and in the evening came to my home, having kept himself informed during the day, by telephone, of my condition. He told me he had come to help, and before anything else wanted my promise never again to repeat my action. I had already given a sacred vow to my poor wife to that effect, and so help me G.o.d, come what may, I will never break it!

This friend and another gentleman in the trade provided me with money to pay my pressing bills. They amounted to less than three hundred dollars, and in a few days I was able to return to the office. Meanwhile, Mrs. Slater had been informed of the exact situation. It was a terrible blow to her, but she did all she could to help by releasing me from a large part of the indebtedness and agreeing to accept a very low rate of interest on the remainder.

CHAPTER XLVII

AGAIN AT THE HELM

When I again took up my work at the office, it was with courage renewed and fortified by a week of constant effort on the part of my wife to make me realize more than ever before how much easier it would be for her to bear any trials, no matter how severe, with me, rather than a life of ease, even were that possible, without me. While with loving care she nursed me back to health, she showed me the folly of what I had attempted, and though making that point clear and forceful avoided saying one word that would add to the depression which weighed me down. Despite the frightful shock she had received her love remained faithful and undiminished. It was marvelous--the love and courage of that n.o.ble woman!

With a determination to succeed in at least making a living and sufficient beside to meet the payments to Mrs. Slater, I put my whole soul in my work. I do not suppose I really worked any harder than I had for years past, but it seemed so, and in a measure my efforts were rewarded.

We had on our books a good many customers who were small buyers.

The rest of the trade not competing with us so actively for this cla.s.s as for the larger business, made it easier for us to hold it.

Most of these firms we had been selling for more than a quarter of a century.

There had recently been much complaint from these customers of the prices we charged them, compared with published quotations of the wholesale market.

On the occasion of a call at the office, one of them asked if it would not be practicable in some way to buy to better advantage?

We explained to him the terms on which the business in importation lots was done. If we were in a position to buy our supplies direct in large lots, as importers, paying cash against the doc.u.ments on arrival of the steamer, and then await discharge of cargo, after which would come weighing up in small lots and making s.h.i.+pments, we could afford to sell at lower figures, but we had not the capital to do the business.

He then suggested that the difficulty of lack of capital could be surmounted by making our sales on terms of payment of approximate amount with order. I was so eager for business that I probably did not give to the possibility of loss to me in carrying out such a suggestion the consideration it should have had. At all events, we mailed a few letters to customers explaining the matter, and a business on this basis was commenced and quickly grew to large proportions.

This fact made it dangerous, for the larger the business the greater the risk. We had to continually have an interest in the market either on one side or the other, and if the business was large our interest must be in proportion.

For some time the business was most satisfactory. My judgment of the market was correct, our customers were well pleased, and we made good profits. I was greatly encouraged with the outlook and believed my troubles were at an end. During this period a certain large interest used our office as a medium for some market manipulation, and while this was going on that interest stood behind us in this business.

Then came the other side of the story. We made losses. The market went against us when our interest in it was considerable, and the losses, not a large amount, still, were to us staggering. Compared with the business we had been doing, there were but few contracts outstanding. We tried to complete them. The material had arrived, we arranged to have it weighed up, and it was invoiced, but we could not make the s.h.i.+pments.

Just as events culminated there came to me in a most unexpected manner an opportunity for a connection in another line of business which promised large and almost immediate results.

I was through with the struggle in my own trade. Without large capital it was useless to go on; and even with this, the business had been so cut into by the trusts, the opportunity for making money was far less than in the earlier years of my career. In the new line I would meet with strangers and must of necessity carry with me no complications. I believed in a comparatively short time I could make enough money to pay my creditors and with that end in mind I embraced the opportunity.

To my wife I said simply that my affairs had become involved, and then started on the journey to my new field, many hundreds of miles from New York, leaving her to adjust the old matters, with my aid, through correspondence.

All but two or three of the smaller creditors showed the utmost kindness, expressing their sympathy and the willingness to give me time to pay my debts. This was all I asked.

The new connection was all that was represented. I liked the business, my particular work was congenial, and so good were the prospects I was as nearly happy as a man of my domestic taste could be when separated from his wife.

Early in 1904 it became necessary for me to spend some time in a city near New York. My wife then gave up the house, stored her furniture, and with the family joined me.

It was here the hardest blow of all was dealt me. One of the small creditors, in an attempt to collect his debt through the office of the district attorney, caused my arrest. This came at a time when my efforts were about to show tangible results, and its publicity severed my business connection. Instead of hastening the payment of his claim, my creditor by his action delayed it. The blow was a crus.h.i.+ng one in every way--to my financial prospects and to my mental and physical condition.

CHAPTER XLVIII

A NIGHTMARE