Mary Louise and the Liberty Girls by L. Frank Baum

"Perhaps," said Josie, her voice trembling a little, "I have assumed too much, and accused this man," pointing to Kauffman, "unjustly. I was trying to serve my country. But I am somewhat confused, even yet, in regard to this affair. Will you please tell me, Mrs. Charleworth, what connection you have with Mr. Kauffman, or with his -- projectile?"

"Very gladly," said the lady, graciously. "I am a stockholder in this steel company -- a rather important stockholder, I believe -- and while I am not a member of the board of directors, Mr. Colton represents my interests. Two years ago we bought the Kauffman shell, and paid liberally for it, but Mr. Kauffman unfortunately invested his money in a transatlantic merchant ship which was sunk, with its entire cargo, by a German submarine. Again penniless, he began the manufacture of suspenders, in a small way, with money I loaned him, but was not very successful. Then he conceived the idea of a new projectile, very effective and quite different from others. He asked our company to finance him while he was experimenting and perfecting the new projectile. The company couldn't undertake to do that, but I personally financed Mr. Kauffman, having confidence in his ability. He has been six months getting the invention made, tested and ready to submit to government experts, and up to the present it has cost a lot of money. However, it is now considered perfect and Mr. Kauffman has brought it here to-night to exhibit and explain it to Mr. Colton. If Mr. Colton approves it from a manufacturing standpoint, our company will secure an option for the sole right to manufacture it."