The Grafters eBook

Francis Lynde Stetson
This eBook from the Gutenberg Project consists of approximately 338 pages of information about The Grafters.

The Grafters eBook

Francis Lynde Stetson
This eBook from the Gutenberg Project consists of approximately 338 pages of information about The Grafters.

“No,” said David Kent; and with that they separated.

VIII

THE HAYMAKERS

By the terms of its dating clause the new trust and corporation law became effective at once, “the public welfare requiring it”; and though there was an immediate sympathetic decline in the securities involved, there was no panic, financial or industrial, to mark the change from the old to the new.

Contrary to the expectations of the alarmists and the lawyers, and somewhat to the disappointment of the latter, the vested interests showed no disposition to test the constitutionality of the act in the courts.  So far, indeed, from making difficulties, the various alien corporations affected by the new law wheeled promptly into line in compliance with its provisions, vying with one another in proving, or seeming to prove, the time-worn aphorism that capital can never afford to be otherwise than strictly law-abiding.

In the reorganization of the Western Pacific, David Kent developed at once and heartily into that rare and much-sought-for quantity, a man for an emergency.  Loring, also, was a busy man in this transition period, yet he found time to keep an appreciative eye on Kent, and, true to his implied promise, pushed him vigorously for the first place in the legal department of the localized company.  Since the resident manager stood high in the Boston counsels of the company, the pushing was not without results; and while David Kent was still up to his eyes in the work of flogging the affairs of the newly named Trans-Western into conformity with the law, his appointment as general counsel came from the Advisory Board.

At one time, when success in his chosen vocation meant more to him than he thought it could ever mean again, the promoted subordinate would have had an attack of jubilance little in keeping with the grave responsibilities of his office.  As it fell out, he was too busy to celebrate, and too sore on the sentimental side to rejoice.  Hence, his recognition of the promotion was merely a deeper plunge into the flood of legalities and the adding of two more stenographers to his office force.

Now there is this to be said of such submersive battlings in a sea of work:  while the fierce toil of the buffeting may be good for the swimmer’s soul, it necessarily narrows his horizon, inasmuch as a man with his head in the sea-smother lacks the view-point of the captain who fights his ship from the conning tower.

So it befell that while the newly appointed general counsel of the reorganized Western Pacific was bolting his meals and clipping the nights at both ends in a strenuous endeavor to clear the decks for a possible battle-royal at the capital, events of a minatory nature were shaping themselves elsewhere.

To bring these events down to their focusing point in the period of transition, it is needful to go back a little; to a term of the circuit court held in the third year of Gaston the prosperous.

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The Grafters from Project Gutenberg. Public domain.