Chapter 28
THE BOMB
"You great bear," Hazel laughed, in the shelter of his encircling arms. "My, it's good to see you again."
She pushed herself back a little and surveyed him admiringly, with a gratified sense of proprietorship. The cheeks of him were tanned to a healthy brown, his eyes clear and shining. The offending flesh had fallen away on the strenuous paths of the Klappan. He radiated boundless vitality, strength, alertness, that perfect co-ordination of mind and body that is bred of faring resourcefully along rude ways. Few of his type trod the streets of Granville. It was a product solely of the outer places. And for the time being the old, vivid emotion surged strong within her. She thrilled at the touch of his hand, was content to lay her head on his shoulder and forget everything in the joy of his physical nearness. But the maid announced dinner, and her man must be fed. He had missed luncheon on the train, he told her, by reason of an absorbing game of whist.
"Come, then," said she. "You must be starving."
They elected to spend the evening quietly at home, as they used to do. To Hazel it seemed quite like old times. Bill told her of the Klappan country, and their prospects at the mine.
"It's going to be a mighty big thing," he declared.
"I'm so glad," said Hazel.
"We've got a group of ten claims. Whitey Lewis and the original stakers hold an interest in their claims. I, acting as agent for these other fellows in the company, staked five more. I took in eight more men--and, believe me, things were humming when I left. Lewis is a great rustler. He had out lots of timber, and we put in a wing dam three hundred feet long, so she can flood and be darned; they'll keep the sluice working just the same. And that quartz lead will justify a fifty-thousand-dollar mill. So I'm told by an expert I took in to look it over. And, say, I went in by the ranch. Old Jake has a fine garden. He's still pegging away with the mule 'und Gretchen, der cow.' I offered him a chance to make a fat little stake at the mine, but he didn't want to leave the ranch. Great old feller, Jake. Something of a philosopher in his way. Pretty wise old head. He'll make good, all right."
In the morning, Bill ate his breakfast and started downtown.
"That's the dickens of being a business man," he complained to Hazel, in the hallway. "It rides a man, once it gets hold of him. I'd rather get a machine and go joy riding with you than anything else. But I have to go and make a long-winded report; and I suppose those fellows will want to talk gold by the yard. Adios, little person. I'll get out for lunch, business or no business."
Eleven-thirty brought him home, preoccupied and frowning. And he carried his frown and his preoccupation to the table.
"Whatever is the matter, Bill?" Hazel anxiously inquired.
"Oh, I've got a nasty hunch that there's a nigger in the woodpile," he replied.
"What woodpile?" she asked.
"I'll tell you more about it to-night," he said bluntly. "I'm going to pry something loose this afternoon or know the reason why."
"Is something the matter about the mine?" she persisted.
"No," he answered grimly. "There's nothing the matter with the mine. It's the mining company."
And that was all he vouchsafed. He finished his luncheon and left the house. He was scarcely out of sight when Jimmie Brooks' runabout drew up at the curb. A half minute later he was ushered into the living-room.
"Bill in?" was his first query.
"No, he left just a few minutes ago," Hazel told him.
Mr. Brooks, a short, heavy-set, neatly dressed gentleman, whose rather weak blue eyes loomed preternaturally large and protuberant behind pince-nez that straddled an insignificant snub nose, took off his glasses and twiddled them in his white, well-kept fingers.
"Ah, too bad!" he murmured. "Thought I'd catch him.
"By the way," he continued, after a pause, "you--ah--well, frankly, I have reason to believe that you have a good deal of influence with your husband in business matters, Mrs. Wagstaff. Kitty says so, and she don't make mistakes very often in sizing up a situation."
"Well, I don't know; perhaps I have." Hazel smiled noncommittally. She wondered what had led Kitty Brooks to that conclusion. "Why?"
"Well--ah--you see," he began rather lamely. "The fact is--I hope you'll regard this as strictly confidential, Mrs. Wagstaff. I wouldn't want Bill to think I, or any of us, was trying to bring pressure on him. But the fact is, Bill's got a mistaken impression about the way we're conducting the financial end of this mining proposition. You understand? Very able man, your husband, but headstrong as the deuce. I'm afraid--to speak frankly--he'll create a lot of unpleasantness. Might disrupt the company, in fact, if he sticks to the position he took this morning. Thought I'd run in and talk it over with him. Fellow's generally in a good humor, you know, when he's lunched comfortably at home."
"I'm quite in the dark," Hazel confessed. "Bill seemed a trifle put out about something. He didn't say what it was about."
"Shall I explain?" Mr. Brooks suggested. "You'd understand--and you might be able to help. I don't as a rule believe in bringing business into the home, but this bothers me. I hate to see a good thing go wrong."
"Explain, by all means," Hazel promptly replied. "If I can help, I'll be glad to."
"Thank you." Mr. Brooks polished his glasses industriously for a second and replaced them with painstaking exactitude. "Now--ah--this is the situation: When the company was formed, five of us, including your husband, took up enough stock to finance the preliminary work of the undertaking. The remaining stock, seventy-five thousand dollars in amount, was left in the treasury, to be held or put on the market as the situation warranted. Bill was quite conservative in his first statements concerning the property, and we all felt inclined to go slow. But when Bill got out there on the ground and the thing began to pay enormously right from the beginning, we--that is, the four of us here, decided we ought to enlarge our scope. With the first clean-up, Bill forwarded facts and figures to show that we had a property far beyond our greatest expectations. And, of course, we saw at once that the thing was ridiculously undercapitalized. By putting the balance of the stock on the market, we could secure funds to work on a much larger scale. Why, this first shipment of gold is equal to an annual dividend of ten per cent on four hundred thousand dollars capital. It's immense, for six weeks' work.
"So we held a meeting and authorized the secretary to sell stock. Naturally, your husband wasn't cognizant of this move, for the simple reason that there was no way of reaching him--and his interests were thoroughly protected, anyway. The stock was listed on Change. A good bit was disposed of privately. We now have a large fund in the treasury. It's a cinch. We've got the property, and it's rich enough to pay dividends on a million. The decision of the stockholders is unanimously for enlargement of the capital stock. The quicker we get that property to its maximum output the more we make, you see. There's a fine vein of quartz to develop, expensive machinery to install. It's no more than fair that these outsiders who are clamoring to get aboard should pay their share of the expense of organization and promotion. You understand? You follow me?"
"Certainly," Hazel answered. "But what is the difficulty with Bill?"
Mr. Brooks once more had recourse to polishing his pince-nez.
"Bill is opposed to the whole plan," he said, pursing up his lips with evident disapproval of Bill Wagstaff and all his works. "He seems to feel that we should not have taken this step. He declares that no more stock must be sold; that there must be no enlargement of capital. In fact, that we must peg along in the little one-horse way we started. And that would be a shame. We could make the Free Gold Mining Company the biggest thing on the map, and put ourselves all on Easy Street."
He spread his hands in a gesture of real regret.
"Bill's a fine fellow," he said, "and one of my best friends. But he's a hard man to do business with. He takes a very peculiar view of the matter. I'm afraid he'll queer the company if he stirs up trouble over this. That's why I hope you'll use whatever influence you have, to induce him to withdraw his opposition."
"But," Hazel murmured, in some perplexity, "from what little I know of corporations, I don't see how he can set up any difficulty. If a majority of the stock-holders decide to do anything, that settles it, doesn't it? Bill is a minority of one, from what you say. And I don't see what difference his objections make, anyway. How can he stop you from taking any line of action whatever?"
"Oh, not that at all," Brooks hastily assured. "Of course, we can outvote him, and put it through. But we want him with us, don't you see? We've a high opinion of his ability. He's the sort of man who gets results; practical, you know; knows mining to a T. Only he shies at our financial method. And if he began any foolish litigation, or silly rumors got started about trouble among the company officers, it's bound to hurt the stock. It's all right, I assure you. We're not foisting a wildcat on the market. We've got the goods. Bill admits that. It's the regular method, not only legitimate, but good finance. Every dollar's worth of stock sold has the value behind it. Distributes the risk a little more, that's all, and gives the company a fund to operate successfully.
"If Bill mentions it, you might suggest that he look into the matter a little more fully before he takes any definite action," Brooks concluded, rising. "I must get down to the office. It's his own interests I'm thinking of, as much as my own. Of course, he couldn't block a reorganization--but we want to satisfy him in every particular, and, at the same time, carry out these plans. It's a big thing for all of us. A big thing, I assure you."
He rolled away in his car, and Hazel watched him from the window, a trifle puzzled. She recalled Bill's remark at luncheon. In the light of Brooks' explanation, she could see nothing wrong. On the other hand, she knew Bill Wagstaff was not prone to jump at rash conclusions. It was largely his habit to give others the benefit of the doubt. If he objected to certain manipulations of the Free Gold Mining Company, his objection was likely to be based on substantial grounds. But then, as Brooks had observed, or, rather, inferred, Bill was not exactly an expert on finance, and this new deal savored of pure finance--a term which she had heard Bill scoff at more than once. At any rate, she hoped nothing disagreeable would come of it.
So she put the whole matter out of her mind. She had an engagement with a dressmaker, and an invitation to afternoon tea following on that. She dressed, and went whole-heartedly about her own affairs.
Dinner time was drawing close when she returned home. She sat down by a window that overlooked the street to watch for Bill. As a general thing he was promptness personified, and since he was but twenty-four hours returned from a three months' absence, she felt that he would not linger--and Granville's business normally ceased at five o'clock.
Six passed. The half-hour chime struck on the mantel clock. Hazel grew impatient, petulant, aggrieved. Dinner would be served in twenty minutes. Still there was no sign of him. And for lack of other occupation she went into the hall and got the evening paper, which the carrier had just delivered.
A staring headline on the front page stiffened her to scandalized attention. Straight across the tops of two columns it ran, a facetious caption:
WILLIAM WAGSTAFF IS A BEAR
Under that the subhead:
Husky Mining Man Tumbles Prices and Brokers. Whips Four men in Broad Street Office. Slugs Another on Change. His Mighty Fists Subdue Society's Finest. Finally Lands in Jail.
The body of the article Hazel read in what a sob sister would describe as a state of mingled emotions.
William Wagstaff is a mining gentleman from the northern wilds of British Columbia. He is a big man, a natural-born fighter. To prove this he inflicted a black eye and a split lip on Paul Lorimer, a broken nose and sundry bruises on James L. Brooks. Also Allen T. Bray and Edward Gurney Parkinson suffered certain contusions in the mêlèe. The fracas occurred in the office of the Free Gold Mining Company, 1546 Broad Street, at three-thirty this afternoon. While hammering the brokers a police officer arrived on the scene and Wagstaff was duly escorted to the city bastile. Prior to the general encounter in the Broad Street office Wagstaff walked into the Stock Exchange, and made statements about the Free Gold Mining Company which set all the brokers by the ears. Lorimer was on the floor, and received his discolored optic there.
Lorimer is a partner in the brokerage firm of Bray, Parkinson & Co., and is president of the Free Gold Mining Company. Brooks is manager of the Acme Advertisers, and secretary of Free Gold. Bray and Parkinson are stockholders, and Wagstaff is a stockholder and also manager of the Free Gold properties in B. C. All are well known about town.
A reporter was present when Wagstaff walked on the floor of the Stock Exchange. He strode up to the post where Lorimer was transacting business.
"I serve notice on you right now," he said loudly and angrily, "that if you sell another dollar's worth of Free Gold stock, I'll put you out of business."
Lorimer appeared to lose his temper. Some word was passed which further incensed Wagstaff. He smote the broker and the broker smote the floor. Wagstaff's punch would do credit to a champion pugilist, from the execution it wrought. He immediately left the Stock Exchange, and not long afterward Broad Street was electrified by sounds of combat in the Free Gold office. It is conceded that Wagstaff had the situation and his three opponents well in hand when the cop arrived.
None of the men concerned would discuss the matter. From the remarks dropped by Wagstaff, however, it appears that the policy of marketing Free Gold stock was inaugurated without his knowledge or consent.
Be that as it may, all sorts of rumors are in circulation, and Free Gold stock, which has been sold during the past week as high as a dollar forty, found few takers at par when Change closed. There has been a considerable speculative movement in the stock, and the speculators are beginning to wonder if there is a screw loose in the company affairs.
Wagstaff's case will come up to-morrow forenoon. A charge of disturbing the peace was placed against him. He gave a cash bond and was at once released. When the hearing comes some of the parties to the affair may perchance divulge what lay at the bottom of the row.
Any fine within the power of the court to impose is a mere bagatelle, compared to the distinction of scientifically man-handling four of society's finest in one afternoon. As one bystander remarked in the classic phraseology of the street:
"Wagstaff's a bear!"
The brokers concerned might consider this to have a double meaning.
Hazel dropped the paper, mortified and wrathful. The city jail seemed the very Pit itself to her. And the lurid publicity, the lifted eyebrows of her friends, maddened her in prospect. Plain street brawling, such as one might expect from a cabman or a taxi mahout, not from a man like her husband. She involuntarily assigned the blame to him. Not for the cause--the cause was of no importance whatever to her--but for the act itself. Their best friends! She could hardly realize it. Jimmie Brooks, jovial Jimmie, with a broken nose and sundry bruises! And Paul Lorimer, distinguished Paul, who had the courtly bearing which was the despair of his fellows, and the manner of a dozen generations of culture wherewith to charm the women of his acquaintance. He with a black eye and a split lip! So the paper stated. It was vulgar. Brutal! The act of a cave man.
She was on the verge of tears.
And just at that moment the door opened, and in walked Bill.