The company guaranteed the stockholders a profit of ten per cent. each month, payable on the last day thereof.
When any stockholder had paid in as much as $100, the company issued him a Gold Bond and he became a bondholder. I asked Atterbury one day what benefits and appurtenances these Gold Bonds was to an investor more so than the immunities and privileges enjoyed by the common sucker who only owned stock. Atterbury picked up one of them Gold Bonds, all gilt and lettered up with flourishes and a big red seal tied with a blue ribbon in a bowknot, and he looked at me like his feelings was hurt.
"My dear Colonel Pickens," says he, "you have no soul for Art. Think of a thousand homes made happy by possessing one of these beautiful gems of the lithographer's skill! Think of the joy in the household where one of these Gold Bonds hangs by a pink cord to the what-not, or is chewed by the baby, caroling gleefully upon the floor! Ah, I see your eye growing moist, Colonel--I have touched you, have I not?"
"You have not," says I, "for I've been watching you. The moisture you see is apple juice. You can't expect one man to act as a human cider- press and an art connoisseur too."
Atterbury attended to the details of the concern. As I understand it, they was simple. The investors in stock paid in their money, and-- well, I guess that's all they had to do. The company received it, and --I don't call to mind anything else. Me and Buck knew more about selling corn salve than we did about Wall Street, but even we could see how the Golconda Gold Bond Investment Company was making money.
You take in money and pay back ten per cent. of it; it's plain enough that you make a clean, legitimate profit of 90 per cent., less expenses, as long as the fish bite.
Atterbury wanted to be president and treasurer too, but Buck winks an eye at him and says: "You was to furnish the brains. Do you call it good brain work when you propose to take in money at the door, too?
Think again. I hereby nominate myself treasurer ad valorem, sine die, and by acclamation. I chip in that much brain work free. Me and Pickens, we furnished the capital, and we'll handle the unearned increment as it incremates."
It costs us $500 for office rent and first payment on furniture;$1,500 more went for printing and advertising. Atterbury knew his business. "Three months to a minute we'll last," says he. "A day longer than that and we'll have to either go under or go under an alias. By that time we ought to clean up $60,000. And then a money belt and a lower berth for me, and the yellow journals and the furniture men can pick the bones."
Our ads. done the work. "Country weeklies and Washington hand-press dailies, of course," says I when we was ready to make contracts.
"Man," says Atterbury, "as its advertising manager you would cause a Limburger cheese factory to remain undiscovered during a hot summer.
The game we're after is right here in New York and Brooklyn and the Harlem reading-rooms. They're the people that the street-car fenders and the Answers to Correspondents columns and the pickpocket notices are made for. We want our ads. in the biggest city dailies, top of column, next to editorials on radium and pictures of the girl doing health exercises."
Pretty soon the money begins to roll in. Buck didn't have to pretend to be busy; his desk was piled high up with money orders and checks and greenbacks. People began to drop in the office and buy stock every day.
Most of the shares went in small amounts--$10 and $25 and $50, and a good many $2 and $3 lots. And the bald and inviolate cranium of President Atterbury shines with enthusiasm and demerit, while Colonel Tecumseh Pickens, the rude but reputable Croesus of the West, consumes so many apples that the peelings hang to the floor from the mahogany garbage chest that he calls his desk.
Just as Atterbury said, we ran along about three months without being troubled. Buck cashed the paper as fast as it came in and kept the money in a safe deposit vault a block or so away. Buck never thought much of banks for such purposes. We paid the interest regular on the stock we'd sold, so there was nothing for anybody to squeal about. We had nearly $50,000 on hand and all three of us had been living as high as prize fighters out of training.
One morning, as me and Buck sauntered into the office, fat and flippant, from our noon grub, we met an easy-looking fellow, with a bright eye and a pipe in his mouth, coming out. We found Atterbury looking like he'd been caught a mile from home in a wet shower.
"Know that man?" he asked us.
We said we didn't.
"I don't either," says Atterbury, wiping off his head; "but I'll bet enough Gold Bonds to paper a cell in the Tombs that he's a newspaper reporter."
"What did he want?" asks Buck.
"Information," says our president. "Said he was thinking of buying some stock. He asked me about nine hundred questions, and every one of 'em hit some sore place in the business. I know he's on a paper. You can't fool me. You see a man about half shabby, with an eye like a gimlet, smoking cut plug, with dandruff on his coat collar, and knowing more than J. P. Morgan and Shakespeare put together--if that ain't a reporter I never saw one. I was afraid of this. I don't mind detectives and post-office inspectors--I talk to 'em eight minutes and then sell 'em stock--but them reporters take the starch out of my collar. Boys, I recommend that we declare a dividend and fade away.
The signs point that way."
Me and Buck talked to Atterbury and got him to stop sweating and stand still. That fellow didn't look like a reporter to us. Reporters always pull out a pencil and tablet on you, and tell you a story you've heard, and strikes you for the drinks. But Atterbury was shaky and nervous all day.
The next day me and Buck comes down from the hotel about ten-thirty.
