Of course, Padgett was sly. He seemed to sense Chet’s ambition, and he was probably hoping to use it as leverage for the so-called partnership. Chet had stalled him off, suggesting that Tom put together a business plan so he and his accountant could take a look. Chet said as soon as he knew what kind of money they were talking, he’d have a chat with the bank. Which was all a bunch of crap. He didn’t need his accountant to point out the folly of underwriting Padgett’s proposal when he, Chet, was struggling to keep his dealership afloat. In some ways, he and Padgett were in the same fix. Chevrolet expected him to expand his salesroom, services, parts and accessories facilities, along with his presence in the used-car market. The company also insisted that he pay for a product sign, a service sign, and “other necessary signs,” none of which were cheap. He was in hot competition with nine other car dealerships in town-Studebaker, DeSoto, Packard, Buick, Dodge, Plymouth, Chrysler, Hudson, and Cadillac. At the moment, he was holding his own, but he knew it would require a sizeable investment if he wanted to pull ahead.

Poor dumb Padgett had bombed out twice with his get-rich-quick schemes: the first, an amusement park that would have cost the moon; the second, some hare-brained idea about buying a television station. Television was fine, but it wasn’t going anywhere. An Ardmore table-model TV set-like the one he owned-was retailing for $359.95, and how many people could afford to pay that? Less than ten percent of households in the country owned a TV. Besides which, there were already 326 television stations in the country. Los Angeles had nine. What was the point of one more?

The heavy-equipment business was at least practical, though Padgett would probably find a way to drive it into the ground, figuratively speaking. Chet was banking on the fact that Padgett didn’t know the first thing about putting together a business plan. If he managed to come up with the numbers, Chet could always blame his accountant when he finally turned him down. If he was clever about it, he could hold him off long enough for his country club membership to be approved before he delivered the bad news. He’d have to come up with the ten thousand dollars’ initial club-membership fee, but he’d figure that out.