It was already a most noteworthy spectacle, one of the sights of the city. Millions were being poured into it; new and beautiful buildings were almost monthly erected. A brilliant, dynamic man had been called from the East as president. There were still many things needed—dormitories, laboratories of one kind and another, a great library; and, last but not least, a giant telescope—one that would sweep the heavens with a hitherto unparalleled receptive eye, and wring from it secrets not previously decipherable by the eye and the mind of man.
Cowperwood had always been interested in the heavens and in the giant mathematical and physical methods of interpreting them. It so happened that the war-like planet, with its sinister aspect, was just at this time to be seen hanging in the west, a fiery red; and the easily aroused public mind was being stirred to its shallow depth by reflections and speculations regarding the famous canals of the luminary. The mere thought of the possibility of a larger telescope than any now in existence, which might throw additional light on this evasive mystery, was exciting not only Chicago, but the whole world. Late one afternoon Cowperwood, looking over some open fields which faced his new power-house in West Madison Street, observed the planet hanging low and lucent in the evening sky, a warm, radiant bit of orange in a sea of silver. He paused and surveyed it. Was it true that there were canals on it, and people? Life was surely strange.
One day not long after this Alexander Rambaud called him up on the ’phone and remarked, jocosely:
“I say, Cowperwood, I’ve played a rather shabby trick on you just now. Doctor Hooper, of the University, was in here a few minutes ago asking me to be one of ten to guarantee the cost of a telescope lens that he thinks he needs to run that one-horse school of his out there. I told him I thought you might possibly be interested. His idea is to find some one who will guarantee forty thousand dollars, or eight or ten men who will guarantee four or five thousand each. I thought of you, because I’ve heard you discuss astronomy from time to time.”
“Let him come,” replied Cowperwood, who was never willing to be behind others in generosity, particularly where his efforts were likely to be appreciated in significant quarters.
Shortly afterward appeared the doctor himself—short, rotund, rubicund, displaying behind a pair of clear, thick, gold-rimmed glasses, round, dancing, incisive eyes. Imaginative grip, buoyant, self-delusive self-respect were written all over him. The two men eyed each other—one with that broad-gage examination which sees even universities as futile in the endless shift of things; the other with that faith in the balance for right which makes even great personal forces, such as financial magnates, serve an idealistic end.
“It’s not a very long story I have to tell you, Mr. Cowperwood,” said the doctor. “Our astronomical work is handicapped just now by the simple fact that we have no lens at all, no telescope worthy of the name. I should like to see the University do original work in this field, and do it in a great way. The only way to do it, in my judgment, is to do it better than any one else can. Don’t you agree with me?” He showed a row of shining white teeth.
Cowperwood smiled urbanely.
“Will a forty-thousand-dollar lens be a better lens than any other lens?” he inquired.
“Made by Appleman Brothers, of Dorchester, it will,” replied the college president. “The whole story is here, Mr. Cowperwood. These men are practical lens-makers. A great lens, in the first place, is a matter of finding a suitable crystal. Large and flawless crystals are not common, as you may possibly know. Such a crystal has recently been found, and is now owned by Mr. Appleman. It takes about four or five years to grind and polish it. Most of the polishing, as you may or may not know, is done by the hand—smoothing it with the thumb and forefinger. The time, judgment, and skill of an optical expert is required. To-day, unfortunately, that is not cheap. The laborer is worthy of his hire, however, I suppose”—he waved a soft, full, white hand—“and forty thousand is little enough. It would be a great honor if the University could have the largest, most serviceable, and most perfect lens in the world. It would reflect great credit, I take it, on the men who would make this possible.”
Cowperwood liked the man’s artistically educational air; obviously here was a personage of ability, brains, emotion, and scientific enthusiasm. It was splendid to him to see any strong man in earnest, for himself or others.
“And forty thousand will do this?” he asked.
“Yes, sir. Forty thousand will guarantee us the lens, anyhow.”
“And how about land, buildings, a telescope frame? Have you all those things prepared for it?”
“Not as yet, but, since it takes four years at least to grind the lens, there will be time enough, when the lens is nearing completion, to look after the accessories. We have picked our site, however—Lake Geneva—and we would not refuse either land or accessories if we knew where to get them.”
Again the even, shining teeth, the keen eyes boring through the glasses.
Cowperwood saw a great opportunity. He asked what would be the cost of the entire project. Dr. Hooper presumed that three hundred thousand would do it all handsomely—lens, telescope, land, machinery, building—a great monument.
“And how much have you guaranteed on the cost of your lens?”
“Sixteen thousand dollars, so far.”
“To be paid when?”
“In instalments—ten thousand a year for four years. Just enough to keep the lens-maker busy for the present.”
Cowperwood reflected. Ten thousand a year for four years would be a mere salary item, and at the end of that time he felt sure that he could supply the remainder of the money quite easily. He would be so much richer; his plans would be so much more mature. On such a repute (the ability to give a three-hundred-thousand-dollar telescope out of hand to be known as the Cowperwood telescope) he could undoubtedly raise money in London, New York, and elsewhere for his Chicago enterprise. The whole world would know him in a day. He paused, his enigmatic eyes revealing nothing of the splendid vision that danced before them. At last! At last!
“How would it do, Mr. Hooper,” he said, sweetly, “if, instead of ten men giving you four thousand each, as you plan, one man were to give you forty thousand in annual instalments of ten thousand each? Could that be arranged as well?”
“My dear Mr. Cowperwood,” exclaimed the doctor, glowing, his eyes alight, “do I understand that you personally might wish to give the money for this lens?”
“I might, yes. But I should have to exact one pledge, Mr. Hooper, if I did any such thing.”
“And what would that be?”
“The privilege of giving the land and the building—the whole telescope, in fact. I presume no word of this will be given out unless the matter is favorably acted upon?” he added, cautiously and diplomatically.
The new president of the university arose and eyed him with a peculiarly approbative and grateful gaze. He was a busy, overworked man. His task was large. Any burden taken from his shoulders in this fashion was a great relief.
“My answer to that, Mr. Cowperwood, if I had the authority, would be to agree now in the name of the University, and thank you. For form’s sake, I must submit the matter to the trustees of the University, but I have no doubt as to the outcome. I anticipate nothing but grateful approbation. Let me thank you again.”
They shook hands warmly, and the solid collegian bustled forth. Cowperwood sank quietly in his chair. He pressed his fingers together, and for a moment or two permitted himself to dream. Then he called a stenographer and began a bit of dictation. He did not care to think even to himself how universally advantageous all this might yet prove to be.
The result was that in the course of a few weeks the proffer was formally accepted by the trustees of the University, and a report of the matter, with Cowperwood’s formal consent, was given out for publication. The fortuitous combination of circumstances already described gave the matter a unique news value. Giant reflectors and refractors had been given and were in use in other parts of the world, but none so large or so important as this. The gift was sufficient to set Cowperwood forth in the light of a public benefactor and patron of science. Not only in Chicago, but in London, Paris, and New York, wherever, indeed, in the great capitals scientific and intellectual men were gathered, this significant gift of an apparently fabulously rich American became the subject of excited discussion. Banking men, among others, took sharp note of the donor, and when Cowperwood’s emissaries came around later with a suggestion that the fifty-year franchises about to be voted him for elevated roads should be made a basis of bond and mortgage loans, they were courteously received. A man who could give three-hundred-thousand-dollar telescopes in the hour of his greatest difficulties must be in a rather satisfactory financial condition. He must have great wealth in reserve. After some preliminaries, during which Cowperwood paid a flying visit to Threadneedle Street in London, and to Wall Street in New York, an arrangement was made with an English-American banking company by which the majority of the bonds for his proposed roads were taken over by them for sale in Europe and elsewhere, and he was given ample means wherewith to proceed. Instantly the stocks of his surface lines bounded in price, and those who had been scheming to bring about Cowperwood’s downfall gnashed impotent teeth. Even Haeckelheimer & Co. were interested.