"Your company will have a very great deal to do, I fancy," he reiterated.
Kaffrath was duly impressed and appropriately depressed, for his eight hundred shares would be depressed in value by the necessity of heavy expenditures for tunnels and other improvements.

Nevertheless, there was some consolation in the thought that such betterment, as Addison now described, would in the long run make the lines more profitable.
But in the mean time there might be rough sailing.

The old directors ought to act soon now, he thought.

With the South Side company being done over, they would have to follow suit.

But would they?
How could he get them to see that, even though it were necessary to mortgage the lines for years to come, it would pay in the long run?
He was sick of old, conservative, cautious methods.
After the lapse of a few weeks Addison, still acting for Cowperwood, had a second and private conference with Kaffrath.