Chapter 29

1514 Words

In the course of the next eight years Newmark and Orde floated high on that flood of apparent prosperity that attends a business well conceived and passably well managed. The Boom and Driving Company made money, of course, for with the margin of fifty per cent or thereabouts necessitated by the temporary value of the improvements, good years could hardly fail to bring good returns. This, it will be remembered, was a stock company. With the profits from that business the two men embarked on a separate copartnership. They made money at this, too, but the burden of debt necessitated by new ventures, constantly weighted by the heavy interest demanded at that time, kept affairs on the ragged edge. In addition, both Orde and Newmark were more inclined to extension of interests than to "playing

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