The Financier by Theodore Dreiser

Strength would win—weakness lose. He must rely on swiftness of thought, accuracy, his judgment, and on nothing else. He was really a brilliant picture of courage and energy—moving about briskly in a jaunty, dapper way, his mustaches curled, his clothes pressed, his nails manicured, his face clean-shaven and tinted with health.

In the meantime, Cowperwood had gone personally to Skelton C. Wheat and tried to explain his side of the situation, alleging that he had done no differently from many others before him, but Wheat was dubious. He did not see how it was that the sixty thousand dollars’

worth of certificates were not in the sinking-fund. Cowperwood’s explanation of custom did not avail. Nevertheless, Mr. Wheat saw that others in politics had been profiting quite as much as Cowperwood in other ways and he advised Cowperwood to turn state’s evidence. This, however, he promptly refused to do—he was no “squealer,” and indicated as much to Mr. Wheat, who only smiled wryly.

Butler, Sr., was delighted (concerned though he was about party success at the polls), for now he had this villain in the toils and he would have a fine time getting out of this. The incoming district attorney to succeed David Pettie if the Republican party won would be, as was now planned, an appointee of Butler’s—a young Irishman who had done considerable legal work for him—one Dennis Shannon. The other two party leaders had already promised Butler that. Shannon was a smart, athletic, good-looking fellow, all of five feet ten inches in height, sandy-haired, pink-cheeked, blue-eyed, considerable of an orator and a fine legal fighter. He was very proud to be in the old man’s favor—to be promised a place on the ticket by him—and would, he said, if elected, do his bidding to the best of his knowledge and ability.

There was only one fly in the ointment, so far as some of the politicians were concerned, and that was that if Cowperwood were convicted, Stener must needs be also. There was no escape in so far as any one could see for the city treasurer. If Cowperwood was guilty of securing by trickery sixty thousand dollars’ worth of the city money, Stener was guilty of securing five hundred thousand dollars. The prison term for this was five years. He might plead not guilty, and by submitting as evidence that what he did was due to custom save himself from the odious necessity of pleading guilty; but he would be convicted nevertheless. No jury could get by the fact in regard to him. In spite of public opinion, when it came to a trial there might be considerable doubt in Cowperwood’s case. There was none in Stener’s.

The practical manner in which the situation was furthered, after Cowperwood and Stener were formally charged may be quickly noted.

Steger, Cowperwood’s lawyer, learned privately beforehand that Cowperwood was to be prosecuted. He arranged at once to have his client appear before any warrant could be served, and to forestall the newspaper palaver which would follow it if he had to be searched for.

The mayor issued a warrant for Cowperwood’s arrest, and, in accordance with Steger’s plan, Cowperwood immediately appeared before Borchardt in company with his lawyer and gave bail in twenty thousand dollars (W. C. Davison, president of the Girard National Bank, being his surety), for his appearance at the central police station on the following Saturday for a hearing. Marcus Oldslaw, a lawyer, had been employed by Strobik as president of the common council, to represent him in prosecuting the case for the city.

The mayor looked at Cowperwood curiously, for he, being comparatively new to the political world of Philadelphia, was not so familiar with him as others were; and Cowperwood returned the look pleasantly enough.

“This is a great dumb show, Mr. Mayor,” he observed once to Borchardt, quietly, and the latter replied, with a smile and a kindly eye, that as far as he was concerned, it was a form of procedure which was absolutely unavoidable at this time.

“You know how it is, Mr. Cowperwood,” he observed. The latter smiled. “I do, indeed,” he said.

Later there followed several more or less perfunctory appearances in a local police court, known as the Central Court, where when arraigned he pleaded not guilty, and finally his appearance before the November grand jury, where, owing to the complicated nature of the charge drawn up against him by Pettie, he thought it wise to appear. He was properly indicted by the latter body (Shannon, the newly elected district attorney, making a demonstration in force), and his trial ordered for December 5th before a certain Judge Payderson in Part I of Quarter Sessions, which was the local branch of the State courts dealing with crimes of this character.

His indictment did not occur, however, before the coming and going of the much-mooted fall election, which resulted, thanks to the clever political manipulations of Mollenhauer and Simpson (ballot-box stuffing and personal violence at the polls not barred), in another victory, by, however, a greatly reduced majority. The Citizens’

Municipal Reform Association, in spite of a resounding defeat at the polls, which could not have happened except by fraud, continued to fire courageously away at those whom it considered to be the chief malefactors.

Aileen Butler, during all this time, was following the trend of Cowperwood’s outward vicissitudes as heralded by the newspapers and the local gossip with as much interest and bias and enthusiasm for him as her powerful physical and affectional nature would permit.

She was no great reasoner where affection entered in, but shrewd enough without it; and, although she saw him often and he told her much—as much as his natural caution would permit—she yet gathered from the newspapers and private conversation, at her own family’s table and elsewhere, that, as bad as they said he was, he was not as bad as he might be. One item only, clipped from the Philadelphia Public Ledger soon after Cowperwood had been publicly accused of embezzlement, comforted and consoled her. She cut it out and carried it in her bosom; for, somehow, it seemed to show that her adored Frank was far more sinned against than sinning. It was a part of one of those very numerous pronunciamientos or reports issued by the Citizens’ Municipal Reform Association, and it ran: “The aspects of the case are graver than have yet been allowed to reach the public. Five hundred thousand dollars of the deficiency arises not from city bonds sold and not accounted for, but from loans made by the treasurer to his broker. The committee is also informed, on what it believes to be good authority, that the loans sold by the broker were accounted for in the monthly settlements at the lowest prices current during the month, and that the difference between this rate and that actually realized was divided between the treasurer and the broker, thus making it to the interest of both parties to ‘bear’ the market at some time during the month, so as to obtain a low quotation for settlement. Nevertheless, the committee can only regard the prosecution instituted against the broker, Mr. Cowperwood, as an effort to divert public attention from more guilty parties while those concerned may be able to ‘fix’ matters to suit themselves.”

“There,” thought Aileen, when she read it, “there you have it.”

These politicians—her father among them as she gathered after his conversation with her—were trying to put the blame of their own evil deeds on her Frank. He was not nearly as bad as he was painted. The report said so. She gloated over the words “an effort to divert public attention from more guilty parties.” That was just what her Frank had been telling her in those happy, private hours when they had been together recently in one place and another, particularly the new rendezvous in South Sixth Street which he had established, since the old one had to be abandoned.

He had stroked her rich hair, caressed her body, and told her it was all a prearranged political scheme to cast the blame as much as possible on him and make it as light as possible for Stener and the party generally. He would come out of it all right, he said, but he cautioned her not to talk. He did not deny his long and profitable relations with Stener. He told her exactly how it was.

She understood, or thought she did. Anyhow, her Frank was telling her, and that was enough.

As for the two Cowperwood households, so recently and pretentiously joined in success, now so gloomily tied in failure, the life was going out of them. Frank Algernon was that life. He was the courage and force of his father: the spirit and opportunity of his brothers, the hope of his children, the estate of his wife, the dignity and significance of the Cowperwood name. All that meant opportunity, force, emolument, dignity, and happiness to those connected with him, he was. And his marvelous sun was waning apparently to a black eclipse.