"I had to. There wasn't a loophole left open to me. There wasn't a
single point at which I could bring attack against Brokaw and the
others. They were six veritable Bismarcks of deviltry and
shrewdness. They hadn't over-stepped the law. They had sold a
million and a quarter of stock on a hundred-thousand-dollar
investment, but Brokaw only laughed when I raged at this. 'Why,
Philip,' he said, 'we value our license alone at over a million!'
And there was no law which could prevent them from placing that
value upon it, or more. There was one thing that I could do--and
only one. I could resign, decline to accept my stock and the
hundred thousand, and publicly announce why I had broken off my
connections with the company. I was about to do this when cooler
judgment prevailed. It occurred to me that there would have to be
an accounting. The company might sell a million and a quarter of
stock--but in the end there would have to be an accounting. If I
was out of the game it would be easily made. If I was in--well, do
you see, Greggy? There was still a chance of making the company
win out as a legitimate enterprise, even though it began under the
black flag of piratical finance and fraud.
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