Old Gorgon Graham More Letters from a Self-Made Merchant to His Son

Part 5

Chapter 54,369 wordsPublic domain

For all Old Ham was so shrewd at the Yards, he was one of those fellows who begin losing their common-sense at the office door, and who reach home doddering and blithering. Had a fool wife with the society bug in her head, and as he had the one-of-our-leading-citizens bug in his, they managed between them to raise a lovely warning for a Sunday-school superintendent in their son, Percival.

Percy was mommer's angel boy with the sunny curls, who was to be raised a gentleman and to be "shielded from the vulgar surroundings and coarse associations of her husband's youth," and he was proud popper's pet, whose good times weren't going to be spoiled by a narrow-minded old brute of a father, or whose talents weren't going to be smothered in poverty, the way the old man's had been. No, sir-ee, Percy was going to have all the money he wanted, with the whisky bottle always in sight on the sideboard and no limit on any game he wanted to sit in, so that he'd grow up a perfect little gentleman and know how to use things instead of abusing them.

I want to say right here that I've heard a good deal of talk in my time about using whisky, and I've met a good many thousand men who bragged when they were half loaded that they could quit at any moment, but I've never met one of these fellows who would while the whisky held out. It's been my experience that when a fellow begins to brag that he can quit whenever he wants to, he's usually reached the point where he can't.

Naturally, Percy had hardly got the pap-rag out of his mouth before he learned to smoke cigarettes, and he could cuss like a little gentleman before he went into long pants. Took the four-years' sporting course at Harvard, with a postgraduate year of draw-poker and natural history--observing the habits and the speed of the ponies in their native haunts. Then, just to prove that he had paresis, Old Ham gave him a million dollars outright and a partnership in his business.

Percy started in to learn the business at the top--absorbing as much of it as he could find room for between ten and four, with two hours out for lunch--but he never got down below the frosting. The one thing that Old Ham wouldn't let him touch was the only thing about the business which really interested Percy--the speculating end of it. But everything else he did went with the old gentleman, and he was always bragging that Percy was growing up into a big, broad-gauged merchant. He got mighty mad with me when I told him that Percy was just a ready-made success who was so small that he rattled round in his seat, and that he'd better hold in his horses, as there were a good many humps in the road ahead of him.

Old Ham was a sure-thing packer, like myself, and let speculating alone, never going into the market unless he had the goods or knew where he could get them; but when he did plunge into the pit, he usually climbed out with both hands full of money and a few odd thousand-dollar bills sticking in his hair. So when he came to me one day and pointed out that Prime Steam Lard at eight cents for the November delivery, and the West alive with hogs, was a crime against the consumer, I felt inclined to agree with him, and we took the bear side of the market together.

Somehow, after we had gone short a big line, the law of supply and demand quit business. There were plenty of hogs out West, and all the packers were making plenty of lard, but people seemed to be frying everything they ate, and using lard in place of hair-oil, for the Prime Steam moved out as fast as it was made. The market simply sucked up our short sales and hollered for more, like a six-months shoat at the trough. Pound away as we would, the November option moved slowly up to 8-1/2, to 9, to 9-1/2. Then, with delivery day only six weeks off, it jumped overnight to 10, and closed firm at 12-1/4. We stood to lose a little over a million apiece right there, and no knowing what the crowd that was under the market would gouge us for in the end.

As soon as 'Change closed that day, Old Ham and I got together and gave ourselves one guess apiece to find out where we stood, and we both guessed right--in a corner.

We had a little over a month to get together the lard to deliver on our short sales or else pay up, but we hadn't had enough experience in the paying-up business to feel like engaging in it. So that afternoon we wired our agents through the West to start anything that looked like a hog toward Chicago, and our men in the East to ship us every tierce of Prime Steam they could lay their hands on. Then we made ready to try out every bit of hog fat, from a grease spot up, that we could find in the country. And all the time the price kept climbing on us like a nigger going up a persimmon tree, till it was rising seventeen cents.

So far the bull crowd had managed to keep their identity hidden, and we'd been pretty modest about telling the names of the big bears, because we weren't very proud of the way we'd been caught napping, and because Old Ham was mighty anxious that Percy shouldn't know that his safe old father had been using up the exception to his rule of no speculation.

It was a near thing for us, but the American hog responded nobly--and a good many other critters as well, I suspect--and when it came on toward delivery day we found that we had the actual lard to turn over on our short contracts, and some to spare. But Ham and I had lost a little fat ourselves, and we had learned a whole lot about the iniquity of selling goods that you haven't got, even when you do it with the benevolent intention of cheapening an article to the consumer.

We got together at his office in the Board of Trade building to play off the finals with the bull crowd. We'd had inspectors busy all night passing the lard which we'd gathered together and which was arriving by boat-loads and train-loads. Then, before 'Change opened, we passed the word around through our brokers that there wasn't any big short interest left, and to prove it they pointed to the increase in the stocks of Prime Steam in store and gave out the real figures on what was still in transit. By the time the bell rang for trading on the floor we had built the hottest sort of a fire under the market, and thirty minutes after the opening the price of the November option had melted down flat to twelve cents.

We gave the bulls a breathing space there, for we knew we had them all nicely rounded up in the killing-pens, and there was no hurry. But on toward noon, when things looked about right, we jumped twenty brokers into the pit, all selling at once and offering in any sized lots for which they could find takers. It was like setting off a pack of firecrackers--biff! bang! bang! our brokers gave it to them, and when the smoke cleared away the bits of that busted corner were scattered all over the pit, and there was nothing left for us to do but to pick up our profits; for we had swung a loss of millions over to the other side of the ledger.

Just as we were sending word to our brokers to steady the market so as to prevent a bad panic and failures, the door of the private office flew open, and in bounced Mr. Percy, looking like a hound dog that had lapped up a custard pie while the cook's back was turned and is hunting for a handy bed to hide under. Had let his cigarette go out--he wore one in his face as regularly as some fellows wear a pink in their buttonhole--and it was drooping from his lower lip, instead of sticking up under his nose in the old sporty, sassy way.

"Oh, gov'ner!" he cried as he slammed the door behind him; "the market's gone to hell."

"Quite so, my son, quite so," nodded Old Ham approvingly; "it's the bottomless pit to-day, all right, all right."

I saw it coming, but it came hard. Percy sputtered and stuttered and swallowed it once or twice, and then it broke loose in:

"And oh! gov'ner, I'm caught--in a horrid hole--you've got to help me out!"

"Eh! what's that!" exclaimed the old man, losing his just-after-a-hearty-meal expression. "What's that--caught--speculating, after what I've said to you! Don't tell me that you're one of that bull crowd--Don't you dare do it, sir."

"Ye-es," and Percy's voice was scared back to a whisper; "yes; and what's more, I'm the whole bull crowd--the Great Bull they've all been talking and guessing about."

Great Scott! but I felt sick. Here we'd been, like two pebbles in a rooster's gizzard, grinding up a lot of corn that we weren't going to get any good of. I itched to go for that young man myself, but I knew this was one of those holy moments between father and son when an outsider wants to pull his tongue back into its cyclone cellar. And when I looked at Ham, I saw that no help was needed, for the old man was coming out of his twenty-five-years' trance over Percy. He didn't say a word for a few minutes, just kept boring into the young man with his eyes, and though Percy had a cheek like brass, Ham's stare went through it as easy as a two-inch bit goes into boiler-plate. Then, "Take that cigaroot out of your mouth," he bellered. "What d'ye mean by coming into my office smoking cigareets?"

Percy had always smoked whatever he blamed pleased, wherever he blamed pleased before, though Old Ham wouldn't stand for it from any one else. But because things have been allowed to go all wrong for twenty-five years, it's no reason why they should be allowed to go wrong for twenty-five years and one day; and I was mighty glad to see Old Ham rubbing the sleep out of his eyes at last.

"But, gov'ner," Percy began, throwing the cigarette away, "I really--"

"Don't you but me; I won't stand it. And don't you call me gov'ner. I won't have your low-down street slang in my office. So you're the great bull, eh? you bull-pup! you bull in a china shop! The great bull-calf, you mean. Where'd you get the money for all this cussedness? Where'd you get the money? Tell me that. Spit it out--quick--I say."

"Well, I've got a million dollars," Percy dribbled out.

"Had a million dollars, and it was my good money," the old man moaned.

"And an interest in the business, you know."

"Yep; I oughter. I s'pose you hocked that."

"Not exactly; but it helped me to raise a little money."

"You bet it helped you; but where'd you get the rest? Where'd you raise the money to buy all this cash lard and ship it abroad? Where'd you get it? You tell me that."

"Well, ah--the banks--loaned--me--a---good deal."

"On your face."

"Not exactly that--but they thought--inferred--that you were interested with me--and without--" Percy's tongue came to a full stop when he saw the old man's face.

"Oh! they did, eh! they did, eh!" Ham exploded. "Tried to bust your poor old father, did you! Would like to see him begging his bread, would you, or piking in the bucket-shops for five-dollar bills! Wasn't satisfied with soaking him with his own million! Couldn't rest when you'd swatted him with his own business! Wanted to bat him over the head with his own credit! And now you come whining around--"

"But, dad--"

"Don't you dad me, dad-fetch you--don't you try any Absalom business on me. You're caught by the hair, all right, and I'm not going to chip in for any funeral expenses."

Right here I took a hand myself, because I was afraid Ham was going to lose his temper, and that's one thing you can't always pick up in the same place that you left it. So I called Ham off, and told Percy to come back in an hour with his head broker and I'd protect his trades in the meanwhile. Then I pointed out to the old man that we'd make a pretty good thing on the deal, even after we'd let Percy out, as he'd had plenty of company on the bull side that could pay up; and anyway, that the boy was a blamed sight more important than the money, and here was the chance to make a man of him.

We were all ready for Mister Percy when he came back, and Ham got right down to business.

"Young man, I've decided to help you out of this hole," he began.

Percy chippered right up. "Thank you, sir," he said.

"Yes, I'm going to help you," the old man went on. "I'm going to take all your trades off your hands and assume all your obligations at the banks."

"Thank you, sir."

"Stop interrupting when I'm talking, I'm going to take up all your obligations, and you're going to pay me three million dollars for doing it. When the whole thing's cleaned up that will probably leave me a few hundred thousand in the hole, but I'm going to do the generous thing by you."

Percy wasn't so chipper now. "But, father," he protested, "I haven't got three million dollars; and you know very well I can't possibly raise any three million dollars."

"Yes, you can," said Ham. "There's the million I gave you: that makes one. There's your interest in the business; I'll buy it back for a million: that makes two. And I'll take your note at five per cent, for the third million. A fair offer, Mr. Graham?"

"Very liberal, indeed, Mr. Huggins," I answered.

"But I won't have anything to live on, let alone any chance to pay you back, if you take my interest in the business away," pleaded Percy.

"I've thought of that, too," said his father, "and I'm going to give you a job. The experience you've had in this campaign ought to make you worth twenty-five dollars a week to us in our option department. Then you can board at home for five dollars a week, and pay ten more on your note. That'll leave you ten per for clothes and extras."

Percy wriggled and twisted and tried tears. Talked a lot of flip-flap flub-doodle, but Ham was all through with the proud-popper business, and the young man found him as full of knots as a hickory root, and with a hide that would turn the blade of an ax.

Percy was simply in the fix of the skunk that stood on the track and humped up his back at the lightning express--there was nothing left of him except a deficit and the stink he'd kicked up. And a fellow can't dictate terms with those assets. In the end he left the room with a ring in his nose.

After all, there was more in Percy than cussedness, for when he finally decided that it was a case of root hog or die with him, he turned in and rooted. It took him ten years to get back into his father's confidence and a partnership, and he was still paying on the million-dollar note when the old man died and left him his whole fortune. It would have been cheaper for me in the end if I had let the old man disinherit him, because when Percy ran that Mess Pork corner three years ago, he caught me short a pretty good line and charged me two dollars a barrel more than any one else to settle. Explained that he needed the money to wipe out the unpaid balance of a million-dollar note that he'd inherited from his father.

I simply mention Percy to show why I'm a little slow to regard members of my family as charitable institutions that I should settle endowments on. If there's one thing I like less than another, it's being regarded as a human meal-ticket. What is given to you always belongs to some one else, and if the man who gave it doesn't take it back, some fellow who doesn't have to have things given to him is apt to come along and run away with it. But what you earn is your own, and apt to return your affection for it with interest--pretty good interest.

Your affectionate father,

JOHN GRAHAM.

P.S.--I forgot to say that I had bought a house on Michigan Avenue for Helen, but there's a provision in the deed that she can turn you out if you don't behave.

No. 7

From John Graham, at the Union Stock Yards, Chicago, to his son, Pierrepont, at Yemassee-on-the-Tallahassee. The young man is now in the third quarter of the honeymoon, and the old man has decided that it is time to bring him fluttering down to earth.

VII

CHICAGO, January 17, 189-.

_Dear Pierrepont_: After you and Helen had gone off looking as if you'd just bought seats on 'Change and been baptized into full membership with all the sample bags of grain that were handy, I found your new mother-in-law out in the dining-room, and, judging by the plates around her, she was carrying in stock a full line of staple and fancy groceries and delicatessen. When I struck her she was crying into her third plate of ice cream, and complaining bitterly to the butler because the mould had been opened so carelessly that some salt had leaked into it.

Of course, I started right in to be sociable and to cheer her up, but I reckon I got my society talk a little mixed--I'd been one of the pall-bearers at Josh Burton's funeral the day before--and I told her that she must bear up and eat a little something to keep up her strength, and to remember that our loss was Helen's gain.

Now, I don't take much stock in all this mother-in-law talk, though I've usually found that where there's so much smoke there's a little fire; but I'm bound to say that Helen's ma came back at me with a sniff and a snort, and made me feel sorry that I'd intruded on her sacred grief. Told me that a girl of Helen's beauty and advantages had naturally been very, very popular, and greatly sought after. Said that she had been received in the very best society in Europe, and might have worn strawberry leaves if she'd chosen, meaning, I've since found out, that she might have married a duke.

I tried to soothe the old lady, and to restore good feeling by allowing that wearing leaves had sort of gone out of fashion with the Garden of Eden, and that I liked Helen better in white satin, but everything I said just seemed to enrage her the more. Told me plainly that she'd thought, and hinted that she'd hoped, right up to last month, that Helen was going to marry a French nobleman, the Count de Somethingerino or other, who was crazy about her. So I answered that we'd both had a narrow escape, because I'd been afraid for a year that I might wake up any morning and find myself the father-in-law of a Crystal Slipper chorus-girl. Then, as it looked as if the old lady was going to bust a corset-string in getting out her answer, I modestly slipped away, leaving her leaking brine and acid like a dill pickle that's had a bite taken out of it.

Good mothers often make bad mothers-in-law, because they usually believe that, no matter whom their daughters marry, they could have gone farther and fared better. But it struck me that Helen's ma has one of those retentive memories and weak mouths--the kind of memory that never loses anything it should forget, and the kind of mouth that can't retain a lot of language which it shouldn't lose.

Of course, you want to honor your mother-in-law, that your days may be long in the land; but you want to honor this one from a distance, for the same reason. Otherwise, I'm afraid you'll hear a good deal about that French count, and how hard it is for Helen to have to associate with a lot of mavericks from the Stock Yards, when she might be running with blooded stock on the other side. And if you glance up from your morning paper and sort of wonder out loud whether Corbett or Fitzsimmons is the better man, mother-in-law will glare at you over the top of her specs and ask if you don't think it's invidious to make any comparisons if they're both striving, to lead earnest, Christian lives. Then, when you come home at night, you'll be apt to find your wife sniffing your breath when you kiss her, to see if she can catch that queer, heavy smell which mother has noticed on it; or looking at you slant-eyed when she feels some letters in your coat, and wondering if what mother says is true, and if men who've once taken chorus-girls to supper never really recover from the habit.

On general principles, it's pretty good doctrine that two's a company and three's a crowd, except when the third is a cook. But I should say that when the third is Helen's ma it's a mob, out looking for a chance to make rough-house. A good cook, a good wife and a good job will make a good home anywhere; but you add your mother-in-law, and the first thing you know you've got two homes, and one of them is being run on alimony.

You want to remember that, beside your mother-in-law, you're a comparative stranger to your wife. After you and Helen have lived together for a year, you ought to be so well acquainted that she'll begin to believe that you know almost as much as mamma; but during the first few months of married life there are apt to be a good many tie votes on important matters, and if mother-in-law is on the premises she is generally going to break the tie by casting the deciding vote with daughter. A man can often get the best of one woman, or ten men, but not of two women, when one of the two is mother-in-law.

When a young wife starts housekeeping with her mother too handy, it's like running a business with a new manager and keeping the old one along to see how things go. It's not in human nature that the old manager, even with the best disposition in the world, shouldn't knock the new one a little, and you're Helen's new manager. When I want to make a change, I go about it like a crab--get rid of the old shell first, and then plunge right in and begin to do business with the new skin. It may be a little tender and open to attack at first, but it doesn't take long to toughen up when it finds out that the responsibility of protecting my white meat is on it.

You start a woman with sense to making mistakes and you've started her to learning common-sense; but you let some one else shoulder her natural responsibilities and keep her from exercising her brain, and it'll be fat-witted before she's forty. A lot of girls find it mighty handy to start with mother to look after the housekeeping and later to raise the baby; but by and by, when mamma has to quit, they don't understand that the butcher has to be called down regularly for leaving those heavy ends on the steak or running in the shoulder chops on you, and that when Willie has the croup she mustn't give the little darling a stiff hot Scotch, or try to remove the phlegm from his throat with a button-hook.

There are a lot of women in this world who think that there's only one side to the married relation, and that's their side. When one of them marries, she starts right out to train her husband into kind old Carlo, who'll go downtown for her every morning and come home every night, fetching a snug little basketful of money in his mouth and wagging his tail as he lays it at her feet. Then it's a pat on the head and "Nice doggie." And he's taught to stand around evenings, retrieving her gloves and handkerchief, and snapping up with a pleased licking of his chops any little word that she may throw to him. But you let him start in to have a little fun scratching and stretching himself, or pawing her, and it's "Charge, Carlo!" and "Bad doggie!"

Of course, no man ever believes when he marries that he's going to wind up as kind Carlo, who droops his head so that the children can pull his ears, and who sticks up his paw so as to make it easier for his wife to pull his leg. But it's simpler than you think.

As long as fond fathers slave and ambitious mothers sacrifice so that foolish daughters can hide the petticoats of poverty under a silk dress and crowd the doings of cheap society into the space in their heads which ought to be filled with plain, useful knowledge, a lot of girls are going to grow up with the idea that getting married means getting rid of care and responsibility instead of assuming it.