Burning Daylight, Jack London [color ebook reader .TXT] 📗

Feeding and dressing and wiping the little noses of a lot of idiots that can't take care of themselves? Not on your life. I'm hustling, and now's the time that everybody that works for me has got to hustle. I want no fair-weather birds holding down my office chairs or anything else. This is nasty weather, damn nasty weather, and they've got to buck into it just like me. There are ten thousand men out of work in Oakland right now, and sixty thousand more in San Francisco. Your nephew, and everybody else on your pay-roll, can do as I say right now or quit. Savvee? If any of them get stuck, you go around yourself and guarantee their credit with the butchers and grocers. And you trim down that pay-roll accordingly. I've been carrying a few thousand folks that'll have to carry themselves for a while now, that's all."

"You say this filter's got to be replaced," he told his chief of the water-works. "We'll see about it. Let the people of Oakland drink mud for a change. It'll teach them to appreciate good water. Stop work at once. Get those men off the pay-roll. Cancel all orders for material. The contractors will sue? Let 'em sue and be damned. We'll be busted higher'n a kite or on easy street before they can get judgment."

And to Wilkinson:

"Take off that owl boat. Let the public roar and come home early to its wife. And there's that last car that connects with the 12:45 boat at Twenty-second and Hastings. Cut it out. I can't run it for two or three passengers. Let them take an earlier boat home or walk. This is no time for philanthropy. And you might as well take off a few more cars in the rush hours. Let the strap-hangers pay. It's the strap-hangers that'll keep us from going under."

And to another chief, who broke down under the excessive strain of retrenchment:--

"You say I can't do that and can't do this. I'll just show you a few of the latest patterns in the can-and-can't line. You'll be compelled to resign? All right, if you think so I never saw the man yet that I was hard up for. And when any man thinks I can't get along without him, I just show him the latest pattern in that line of goods and give him his walking-papers."

And so he fought and drove and bullied and even wheedled his way along. It was fight, fight, fight, and no let-up, from the first thing in the morning till nightfall. His private office saw throngs every day. All men came to see him, or were ordered to come. Now it was an optimistic opinion on the panic, a funny story, a serious business talk, or a straight take-it-or-leave-it blow from the shoulder. And there was nobody to relieve him. It was a case of drive, drive, drive, and he alone could do the driving. And this went on day after day, while the whole business world rocked around him and house after house crashed to the ground.

"It's all right, old man," he told Hegan every morning; and it was the same cheerful word that he passed out all day long, except at such times when he was in the thick of fighting to have his will with persons and things.

Eight o'clock saw him at his desk each morning. By ten o'clock, it was into the machine and away for a round of the banks. And usually in the machine with him was the ten thousand and more dollars that had been earned by his ferries and railways the day before. This was for the weakest spot in the financial dike. And with one bank president after another similar scenes were enacted. They were paralyzed with fear, and first of all he played his role of the big vital optimist. Times were improving.

Of course they were. The signs were already in the air. All that anybody had to do was to sit tight a little longer and hold on. That was all. Money was already more active in the East. Look at the trading on Wall Street of the last twenty-four hours.

That was the straw that showed the wind. Hadn't Ryan said so and so? and wasn't it reported that Morgan was preparing to do this and that?

As for himself, weren't the street-railway earnings increasing steadily? In spite of the panic, more and more people were coming to Oakland right along. Movements were already beginning in real estate. He was dickering even then to sell over a thousand of his suburban acres. Of course it was at a sacrifice, but it would ease the strain on all of them and bolster up the faint-hearted. That was the trouble--the faint-hearts. Had there been no faint-hearts there would have been no panic. There was that Eastern syndicate, negotiating with him now to take the majority of the stock in the Sierra and Salvador Power Company off his hands. That showed confidence that better times were at hand.

And if it was not cheery discourse, but prayer and entreaty or show down and fight on the part of the banks, Daylight had to counter in kind. If they could bully, he could bully. If the favor he asked were refused, it became the thing he demanded. And when it came down to raw and naked fighting, with the last veil of sentiment or illusion torn off, he could take their breaths away.

But he knew, also, how and when to give in. When he saw the wall shaking and crumbling irretrievably at a particular place, he patched it up with sops of cash from his three cash-earning companies. If the banks went, he went too. It was a case of their having to hold out. If they smashed and all the collateral they held of his was thrown on the chaotic market, it would be the end. And so it was, as the time passed, that on occasion his red motor-car carried, in addition to the daily cash, the most gilt-edged securities he possessed; namely, the Ferry Company, United Water and Consolidated Railways. But he did this reluctantly, fighting inch by inch.

As he told the president of the Merchants San Antonio who made the plea of carrying so many others:--

"They're small fry. Let them smash. I'm the king pin here. You've got more money to make out of me than them. Of course, you're carrying too much, and you've got to choose, that's all. It's root hog or die for you or them. I'm too strong to smash. You could only embarrass me and get yourself tangled up. Your way out is to let the small fry go, and I'll lend you a hand to do it."

And it was Daylight, also, in this time of financial anarchy, who sized up Simon Dolliver's affairs and lent the hand that sent that rival down in utter failure. The Golden Gate National was the keystone of Dolliver's strength, and to the president of that institution Daylight said:--

"Here I've been lending you a hand, and you now in the last ditch, with Dolliver riding on you and me all the time. It don't go. You hear me, it don't go. Dolliver couldn't cough up eleven dollars to save you. Let him get off and walk, and I'll tell you what I'll do. I'll give you the railway nickels for four days--that's forty thousand cash. And on the sixth of the month you can count on twenty thousand more from the Water Company." He shrugged his shoulders. "Take it or leave it. Them's my terms."

"It's dog eat dog, and I ain't overlooking any meat that's floating around," Daylight proclaimed that afternoon to Hegan; and Simon Dolliver went the way of the unfortunate in the Great Panic who were caught with plenty of paper and no money.

Daylight's shifts and devices were amazing. Nothing however large or small, passed his keen sight unobserved. The strain he was under was terrific. He no longer ate lunch. The days were too short, and his noon hours and his office were as crowded as at any other time. By the end of the day he was exhausted, and, as never before, he sought relief behind his wall of alcoholic inhibition. Straight to his hotel he was driven, and straight to his rooms he went, where immediately was mixed for him the first of a series of double Martinis. By dinner, his brain was well clouded and the panic forgotten. By bedtime, with the assistance of Scotch whiskey, he was full--not violently nor uproariously full, nor stupefied, but merely well under the influence of a pleasant and mild anesthetic.

Next morning he awoke with parched lips and mouth, and with sensations of heaviness in his head which quickly passed away. By eight o'clock he was at his desk, buckled down to the fight, by ten o'clock on his personal round of the banks, and after that, without a moment's cessation, till nightfall, he was handling the knotty tangles of industry, finance, and human nature that crowded upon him. And with nightfall it was back to the hotel, the double Martinis and the Scotch; and this was his program day after day until the days ran into weeks.


CHAPTER XXI

Though Daylight appeared among his fellows hearty voiced, inexhaustible, spilling over with energy and vitality, deep down he was a very weary man. And sometime under the liquor drug, snatches of wisdom came to him far more lucidity than in his sober moments, as, for instance, one night, when he sat on the edge of the bed with one shoe in his hand and meditated on Dede's aphorism to the effect that he could not sleep in more than one bed at a time. Still holding the shoe, he looked at the array of horsehair bridles on the walls. Then, carrying the shoe, he got up and solemnly counted them, journeying into the two adjoining rooms to complete the tale. Then he came back to the bed and gravely addressed his shoe:--

"The little woman's right. Only one bed at a time. One hundred and forty hair bridles, and nothing doing with ary one of them. One bridle at a time! I can't ride one horse at a time. Poor old Bob. I'd better be sending you out to pasture. Thirty million dollars, and a hundred million or nothing in sight, and what have I got to show for it? There's lots of things money can't buy. It can't buy the little woman. It can't buy capacity. What's the good of thirty millions when I ain't got room for more than a quart of cocktails a day? If I had a hundred-quart-cocktail thirst, it'd be different. But one quart--one measly little quart! Here I am, a thirty times over millionaire, slaving harder every day than any dozen men that work for me, and all I get is two meals that don't taste good, one bed, a quart of Martini, and a hundred and forty hair bridles to look at on the wall."