The Driver

The Driver

5.0 2
by Garet Garrett
     
 

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The Driver is a classic novel, original written in the 1920s by famous economist of the period, Garet Garrett. It tells the story of a well-known and widely criticised entrepreneur who takes over a failing railway and turns it into a hugely successful business, along with the major boost it gives the wider economy. a classic in the tale of how misunderstood the role… See more details below

Overview

The Driver is a classic novel, original written in the 1920s by famous economist of the period, Garet Garrett. It tells the story of a well-known and widely criticised entrepreneur who takes over a failing railway and turns it into a hugely successful business, along with the major boost it gives the wider economy. a classic in the tale of how misunderstood the role of entrepreneurs in our lives is, and the challenges they face to achieve.

Product Details

ISBN-13:
9788792295040
Publisher:
Ad Publishing
Publication date:
04/23/2008
Pages:
204
Product dimensions:
6.00(w) x 9.00(h) x 0.47(d)

Read an Excerpt


CHAPTER III T was true of Galt, as Harbinger said, that he .. had no friends; it was not therefore true that his world was full of enemies. He had many acquaintances and'no intimates. He was a solitary worker in the money vineyards, keeping neither feud nor tryst with any clan. His reputation in Wall Street was formless and cloudy. Everybody knew him, or knew something about him; for twenty years he had been a pestiferous gadfly on the Stock Exchange, lighting here and there, turning up suddenly in situations where he had to be settled with or bought off, swaggering, bluffing, baiting, playing the greatest of all games of wit with skill and daring—and apparently getting nowhere in the end. Once he had engaged in a lone-handed fight with a powerful banking group over the reorganization of a railroad, demanding to be elected to the directorate as the largest minority stockholder. The bankers were indignant. The audacity of a stock market gambler wanting to sit on a railroad board! What wouldanybody think? He took his case to the courts and was beaten. Another time he unexpectedly appeared with actual control of a small railroad, having bought it surreptitiously during many months in the open market place; but as he held it mostly with credit borrowed from the banks his position was vulnerable. It would not do for a gambler like this to own a railroad, the bankers said; so his loans were called away from him and he had to sell out at a heart-breaking loss. He was beaten again. He took his defeats grimly and returned each time to the practice of free lance speculation, with private brokerage on the side. The unsuccess of these two adventures caused him to be thought of as a manwhose ambitions exceeded his powers. There were a great many facts about him, facts of record and f...

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