"I've got my report here, all these pages, which I'll not trouble you to read unless you like. What I want to say is this: we've got our power plant, and our wire transmitter system, and we're making money on that, as everybody knows. We can pay dividends on the old way of transmitting power, developing the 'juice' by water power and peddling it out by wire. We can pay ten per cent., and a stock dividend every year, for we are earning nineteen and eight-tenths per cent. now, on wire work alone, not mentioning our exclusive franchises. Nobody can put a value on those. Up to this time most of us have been contented to reach out and get hold of water powers in the old way--that didn't look so slow to us then as it does now. If we should throw away, entirely, this part of our device, we still would stand just as safe as we ever would have stood.
"Again, suppose we wanted to play the market, and throw away every idea of using this second current of electricity. We could list this stock to-morrow and make it the most active issue on the Street. That's plain to all of us.
"Again, let's reason over this matter and see whether it isn't impatience and not distrust which is troubling all of us. We haven't really spent so very much money in the receiver installations. There isn't a stockyards firm in Chicago which doesn't put aside a bigger appropriation every year for scientific experimenting than we're putting into what is no experiment, but a certainty. It is a drop in the bucket, as my figures here show distinctly.
"Now, since these things are true, I just came down here to ask you gentlemen what it is that you want? You've been criticizing me. We've thought enough of this thing to plan legislation in Congress and in the adjoining states where we are working. We've been at a lot of trouble one way or other. We've wanted to get a grip on this country which couldn't be shaken off by any political or industrial changes. That's just what I'm offering you here, gentlemen. Pretty much the whole business world will be yours. _I_ brought you this, didn't I? Now, do you want a nice gold fence around the world with diamond tips to the pickets; or what is it that you do want? Up to this time you've wanted what was impossible. Now I've shown you that the impossible _is_ possible. Here it is, on the table in front of you--here's the proof. Unless I am drunk or crazy, the future governors of the United States of America are sitting right here at this table."