At the next meeting of the city councils, a report on the town lot was made, and the extraordinary demand of Smith canvassed. It was unanimously decided not to make the proposed purchase.
When this decision reached the landholder, he was considerably disappointed. He wanted money badly, and would have “jumped at” two thousand dollars for the five-acre lot, if satisfied that it would bring no more. But, when the city came forward as a purchaser, his cupidity was subjected to a very strong temptation. He believed that he could get five thousand dollars as easily as two; and quieted his conscience by the salvo—“An article is always worth what it will bring.”
A week or two went by, and Smith was about calling upon one of the members of the council, to say that, if the city really wanted the lot, he would sell at their price, leaving it with the council to act justly and generously, when a friend said to him—
“I hear that the council had the subject of a public square under consideration again this morning.”
“Indeed!” Smith was visibly excited, though he tried to appear calm.
“Yes; and I also hear that they have decided to pay the extravagant price you asked for a lot of ground at the north end of the city.”
“A thousand dollars an acre?”
“Yes.”
“Its real value, and not a cent more,” said Smith.
“People differ about that. However, you are lucky,” the friend replied. “The city is able to pay.”
“So I think. And I mean they shall pay.”
Before the committee to whom the matter was given in charge had time to call upon Smith and close with him for the lot, that gentleman had concluded in his own mind that it would be just as easy to get twelve hundred dollars an acre as a thousand. It was plain that the council were bent upon having the ground, and would pay a round sum for it. It was just the spot for a public square; and the city must become the owner. So, when he was called upon by the gentlemen, and they said to him—
“We are authorized to pay you your price,” he promptly answered—
“The offer is no longer open. You declined it when it was made. My price for that property is now twelve hundred dollars an acre.”
The men offered remonstrance; but it was of no avail. Smith believed that he could get six thousand dollars for the ground as easily as five thousand. The city must have the lot, and would pay almost any price.
“I hardly think it right, Mr. Smith,” said one of his visitors, “for you to take such an advantage. This square is for the public good.”
“Let the public pay, then,” was the unhesitating answer. “The public is able enough.”
“The location of this park at the north end of the city will greatly improve the value of your other property.”
This Smith understood very well. But he replied—
“I’m not so sure of that. I have some very strong doubts on the subject. It’s my opinion that the buildings I contemplated erecting will be far more to my advantage. Be that as it may, however, I am decided in selling for nothing less than six thousand dollars.”