That would have been quite enough to "tip it off" to Wilmot that the time had come for reaching out from control of railway to control of mine. He lost no time; he easily forced one mining property after another into a position where its owners were glad—were eager—to sell all or part of the wreck of it "at a fair price" to him and Roebuck and "our friends." It was as the result of one of these moves that the great Manasquale mines were so hemmed in by ruinous freight rates, by strike troubles, by floods from broken machinery and mysteriously leaky dams, that I was able to buy them "at a fair price"—that is, at less than one-fifth their value. But at the time—and for a long time afterward—I did not know, on my honor did not suspect, what was the cause, the sole cause, of the change of the coal region from a place of peaceful industry, content with fair profits, to an industrial chaos with ruin impending.

Once the railways and mining companies were all on the verge of bankruptcy, Roebuck and his "friends" were ready to buy, here control for purposes of speculation, there ownership for purposes of permanent investment. This is what is known as the reorganizing stage. The processes of high finance are very simple—first, buy the comparatively small holdings necessary to create confusion and disaster; second, create confusion and disaster, buying up more and more wreckage; third, reorganize; fourth, offer the new stocks and bonds to the public with a mighty blare of trumpets which produces a boom market; fifth, unload on the public, pass dividends, issue unfavorable statements, depress prices, buy back cheap what you have sold dear. Repeat ad infinitum, for the law is for the laughter of the strong, and the public is an eager ass. To keep up the fiction of "respectability," the inside ring divides into two parties for its campaigns—one party to break down, the other to build up. One takes the profits from destruction and departs, perhaps to construct elsewhere; the other takes the profits from construction and departs, perhaps to destroy elsewhere. As their collusion is merely tacit, no conscience need twitch. I must add that, at the time of which I am writing, I did not realize the existence of this conspiracy. I knew, of course, that many lawless and savage things were done, that there were rascals among the high financiers, and that almost all financiers now and then did things that were more or less rascally; but I did not know, did not suspect, that high finance was through and through brigandage, and that the high financier, by long and unmolested practice of brigandage, had come to look on it as legitimate, lawful business, and on laws forbidding or hampering it as outrageous, socialistic, anarchistic, "attacks upon the social order!"

I was sufficiently infected with the spirit of the financier, I frankly confess, to look on the public as a sort of cow to milk and send out to grass that it might get itself ready to be driven in and milked again. Does not the cow produce milk not for her own use but for the use of him who looks after her, provides her with pasturage and shelter and saves her from the calamities in which her lack of foresight and of other intelligence would involve her, were she not looked after? And is not the fact that the public—beg pardon, the cow—meekly and even cheerfully submits to the milking proof that God intended her to be the servant of the Roebucks—beg pardon again, of man?

Plausible, isn't it?

Roebuck had given me the impression that it would be six months, at least, before what I was in those fatuous days thinking of as "our" plan for "putting the coal industry on a sound business basis" would be ready for the public. So, when he sent for me shortly after I became engaged to Miss Ellersly, and said: "Melville will publish the plan on the first of next month and will open the subscription books on the third—a Thursday," I was taken by surprise and was anything but pleased. His words meant that, if I wished to make a great fortune, now was the time to buy coal stocks, and buy heavily—for on the very day of the publication of the plan every coal stock would surely soar. Buy I must; not to buy was to throw away a fortune. Yet how could I buy when I was gambling in Textile up to my limit of safety, if not beyond?

I did not dare confess to Roebuck what I was doing in Textile. He was bitterly opposed to stock gambling, denouncing it as both immoral and unbusinesslike. No gambling for him! When his business sagacity and foresight(?) informed him a certain stock was going to be worth a great deal more than it was then quoted at, he would buy outright in large quantities; when that same sagacity and foresight of the fellow who has himself marked the cards warned him that a stock was about to fall, he sold outright. But gamble—never! And I felt that, if he should learn that I had staked a large part of my entire fortune on a single gambling operation, he would straightway cut me off from his confidence, would look on me as too deeply tainted by my long career as a "bucket-shop" man to be worthy of full rank and power as a financier. Financiers do not gamble. Their only vice is grand larceny.

All this was flashing through my mind while I was thanking him.

"I am glad to have such a long forewarning," I was saying. "Can I be of use to you? You know my machinery is perfect—I can buy anything and in any quantity without starting rumors and drawing the crowd."

"No thank you, Matthew," was his answer. "I have all of those stocks I wish—at present."

Whether it is peculiar to me, I don't know—probably not—but my memory is so constituted that it takes an indelible and complete impression of whatever is sent to it by my eyes and ears; and just as by looking closely you can find in a photographic plate a hundred details that escape your glance, so on those memory plates of mine I often find long afterward many and many a detail that escaped me when my eyes and ears were taking the impression. On my memory plate of that moment in my interview with Roebuck, I find details so significant that my failing to note them at the time shows how unfit I then was to guard my interests. For instance, I find that just before he spoke those words declining my assistance and implying that he had already increased his holdings, he opened and closed his hands several times, finally closed and clinched them—a sure sign of energetic nervous action, and in that particular instance a sign of deception, because there was no energy in his remark and no reason for energy. I am not superstitious, but I believe in palmistry to a certain extent. Even more than the face are the hands a sensitive recorder of what is passing in the mind.

But I was then too intent upon my dilemma carefully to study a man who had already lulled me into absolute confidence in him. I left him as soon as he would let me go. His last words were, "No gambling, Matthew! No abuse of the opportunity God is giving us. Be content with the just profits from investment. I have seen gamblers come and go, many of them able men—very able men. But they have melted away, and where are they? And I have remained and have increased, blessed be God who has saved me from the temptations to try to reap where I had not sown! I feel that I can trust you. You began as a speculator, but success has steadied you, and you have put yourself on the firm ground where we see the solid men into whose hands God has given the development of the abounding resources of this beloved country of ours."

Do you wonder that I went away with a heart full of shame for the gambling projects my head was planning upon the information that good man had given me?

I shut myself in my private office for several hours of hard thinking—as I can now see, the first real attention I had given my business in two months. It soon became clear enough that my Textile plunge was a folly; but it was too late to retrace. The only question was, could and should I assume additional burdens? I looked at the National Coal problem from every standpoint—so I thought. And I could see no possible risk. Did not Roebuck's statement make it certain as sunrise that, as soon as the reorganization was announced, all coal stocks would rise? Yes, I should be risking nothing; I could with absolute safety stake my credit; to make contracts to buy coal stocks at present prices for future delivery was no more of a gamble than depositing cash in the United States Treasury.

"You've gone back to gambling lately, Matt," said I to myself. "You've been on a bender, with your head afire. You must get out of this Textile business as soon as possible. But it's good sound sense to plunge on the coal stocks. In fact, your profits there would save you if by some mischance Textile should rise instead of fall. Acting on Roebuck's tip isn't gambling, it's insurance."

I emerged to issue orders that soon threw into the National Coal venture all I had not staked on a falling market for Textiles. I was not content—as the pious gambling-hater, Roebuck, had begged me to be—with buying only what stock I could pay for; I went plunging on, contracting for many times the amount I could have bought outright.

The next time I saw Langdon I was full of enthusiasm for Roebuck. I can see his smile as he listened.

"I had no idea you were an expert on the trumpets of praise, Blacklock," said he finally. "A very showy accomplishment," he added, "but rather dangerous, don't you think? The player may become enchanted by his own music."

"I try to look on the bright side of things." said I, "even of human nature."

"Since when?" drawled he.

I laughed—a good, hearty laugh, for this shy reference to my affair of the heart tickled me. I enjoyed to the full only in long retrospect the look he gave me.

"As soon as a man falls in love," said he, "trustees should be appointed to take charge of his estate."

"You're wrong there, old man," I replied. "I've never worked harder or with a clearer head than since I learned that there are"—I hesitated, and ended lamely—"other things in life."

Langdon's handsome face suddenly darkened, and I thought I saw in his eyes a look of savage pain. "I envy you," said he with an effort at his wonted lightness and cynicism. But that look touched my heart; I talked no more of my own happiness. To do so, I felt would be like bringing laughter into the house of grief.



XVI. TRAPPED AND TRIMMED

There are two kinds of dangerous temptations—those that tempt us, and those that don't. Those that don't, give us a false notion of our resisting power, and so make us easy victims to the others. I thought I knew myself pretty thoroughly, and I believed there was nothing that could tempt me to neglect my business. With this delusion of my strength firmly in mind, when Anita became a temptation to neglect business, I said to myself: "To go up-town during business hours for long lunches, to spend the mornings selecting flowers and presents for her—these things look like neglect of business, and would be so in some men. But I couldn't neglect business. I do them because my affairs are so well ordered that a few hours of absence now and then make no difference—probably send me back fresher and clearer."

When I left the office at half-past twelve on that fateful Wednesday in June, my business was never in better shape. Textile Common had dropped a point and a quarter in two days—evidently it was at last on its way slowly down toward where I could free myself and take profits. As for the Coal enterprise nothing could possibly happen to disturb it; I was all ready for the first of July announcement and boom. Never did I have a lighter heart than when I joined Anita and her friends at Sherry's. It seemed to me her friendliness was less perfunctory, less a matter of appearances. And the sun was bright, the air delicious, my health perfect. It took all the strength of all the straps Monson had put on my natural spirits to keep me from being exuberant.

I had fully intended to be back at my office half an hour before the Exchange closed—this in addition to the obvious precaution of leaving orders that they were to telephone me if anything should occur about which they had the least doubt. But so comfortable did my vanity make me that I forgot to look at my watch until a quarter to three. I had a momentary qualm; then, reassured, I asked Anita to take a walk with me. Before we set out I telephoned my right-hand man and partner, Ball. As I had thought, everything was quiet; the Exchange was closing with Textile sluggish and down a quarter. Anita and I took a car to the park.

As we strolled about there, it seemed to me I was making more headway with her than in all the times I had seen her since we became engaged. At each meeting I had had to begin at the beginning once more, almost as if we had never met; for I found that she had in the meanwhile taken on all, or almost all, her original reserve. It was as if she forgot me the instant I left her—not very flattering, that!

"You accuse me of refusing to get acquainted with you," said I, "of refusing to see that you're a different person from what I imagine. But how about you? Why do you still stick to your first notion of me? Whatever I am or am not, I'm not the person you condemned on sight."

"You have changed," she conceded. "The way you dress—and sometimes the way you act. Or, is it because I'm getting used to you?"

"No—it's—" I began, but stopped there. Some day I would confess about Monson, but not yet. Also, I hoped the change wasn't altogether due to Monson and the dancing-master and my imitation of the tricks of speech and manner of the people in her set.

She did not notice my abrupt halt. Indeed, I often caught her at not listening to me. I saw that she wasn't listening now.

"You didn't hear what I said," I accused somewhat sharply, for I was irritated—as who would not have been?

She started, gave me that hurried, apologetic look that was bitterer to me than the most savage insult would have been.

"I beg your pardon," she said. "We were talking of—of changes, weren't we?"

"We were talking of me" I answered. "Of the subject that interests you not at all."

She looked at me in a forlorn sort of way that softened my irritation with sympathy. "I've told you how it is with me," she said. "I do my best to please you. I—"

"Damn your best!" I cried. "Don't try to please me. Be yourself. I'm no slave-driver. I don't have to be conciliated. Can't you ever see that I'm not your tyrant? Do I treat you as any other man would feel he had the right to treat the girl who had engaged herself to him? Do I ever thrust my feelings or wishes—or—longings on you? And do you think repression easy for a man of my temperament?"

"You have been very good," she said humbly.

"Don't you ever say that to me again," I half commanded, half pleaded. "I won't have you always putting me in the position of a kind and indulgent master."

She halted and faced me.

"Why do you want me, anyhow?" she cried. Then she noticed several loungers on a bench staring at us and grinning; she flushed and walked on.

"I don't know," said I. "Because I'm a fool, probably. My common sense tells me I can't hope to break through that shell of self-complacence you've been cased in by your family and your associates. Sometimes I think I'm mistaken in you, think there isn't any real, human blood left in your veins, that you're like the rest of them—a human body whose heart and mind have been taken out and a machine substituted—a machine that can say and do only a narrow little range of conventional things—like one of those French dolls."

"You mustn't blame me for that," she said gently. "I realize it, too—and I'm ashamed of it. But—if you could know how I've been educated. They've treated me as the Flathead Indian women treat their babies—keep their skulls in a press—isn't that it?—until their heads and brains grow of the Flathead pattern. Only, somehow, in my case—the process wasn't quite complete. And so, instead of being contented like the other Flathead girls, I'm—almost a rebel, at times. I'm neither the one thing nor the other—not natural and not Flathead, not enough natural to grow away from Flathead, not enough Flathead to get rid of the natural."

"I take back what I said about not knowing why I—I want you, Anita," I said. "I do know why—and—well, as I told you before, you'll never regret marrying me."

"If you won't misunderstand me," she answered, "I'll confess to you my instinct has been telling me that, too. I'm not so bad as you must think. I did bargain to sell myself, but I'd have thrown up the bargain if you had been as—as you seemed at first." For some reason—perhaps it was her dress, or hat—she was looking particularly girlish that day, and her skin was even more transparent than usual. "You're different from the men I've been used to all my life," she went on, and—smiling in a friendly way—"you often give me a terrifying sense of your being a—a wild man on his good behavior. But I've come to feel that you're generous and unselfish and that you'll be kind to me—won't you? And I must make a life for myself—I must—I must! Oh, I can't explain to you, but—" She turned her little head toward me, and I was looking into those eyes that the flowers were like.

I thought she meant her home life. "You needn't tell me," I said, and I'll have to confess my voice was anything but steady. "And, I repeat, you'll never regret."

She evidently feared that she had said too much, for she lapsed into silence, and when I tried to resume the subject of ourselves, she answered me with painful constraint. I respected her nervousness and soon began to talk of things not so personal to us. Again, my mistake of treating her as if she were marked "Fragile. Handle with care." I know now that she, like all women, had the plain, tough, durable human fibre under that exterior of delicacy and fragility, and that my overconsideration caused her to exaggerate to herself her own preposterous notions of her superior fineness. We walked for an hour, talking—with less constraint and more friendliness than ever before, and when I left her I, for the first time, felt that I had left a good impression.

When I entered my offices, I, from force of habit, mechanically went direct to the ticker—and dropped all in an instant from the pinnacle of Heaven into a boiling inferno. For the ticker was just spelling out these words: "Mowbray Langdon, president of the Textile Association, sailed unexpectedly on the Kaiser Wilhelm at noon. A two per cent. raise of the dividend rate of Textile Common, from the present four per cent, to six, has been determined upon."

And I had staked up to, perhaps beyond, my limit of safety that Textile would fall!

Ball was watching narrowly for some sign that the news was as bad as he feared. But it cost me no effort to keep my face expressionless; I was like a man who has been killed by lightning and lies dead with the look on his face that he had just before the bolt struck him.

"Why didn't you tell me this," said I to Ball, "when I had you on the 'phone?" My tone was quiet enough, but the very question ought to have shown him that my brain was like a schooner in a cyclone.

"We heard it just after you rang off," was his reply. "We've been trying to get you ever since. I've gone everywhere after Textile stock. Very few will sell, or even lend, and they ask—the best price was ten points above to-day's closing. A strong tip's out that Textiles are to be rocketed."

Ten points up already—on the mere rumor! Already ten dollars to pay on every share I was "short"—and I short more than two hundred thousand! I felt the claws of the fiend Ruin sink into the flesh of my shoulders. "Ball doesn't know how I'm fixed," I remember I thought, "and he mustn't know."

I lit a cigar with a steady hand and waited for Joe's next words.

"I went to see Jenkins at once," he went on. Jenkins was then first vice-president of the Textile Trust. "He's all cut up because the news got out—says Langdon and he were the only ones who knew, so he supposed—says the announcement wasn't to have been made for a month—not till Langdon returned. He has had to confirm it, though. That was the only way to free his crowd from suspicion of intending to rig the market."

"All right," said I.

"Have you seen the afternoon paper?" he asked. As he held it out to me, my eye caught big Textile head-lines, then flashed to some others—something about my going to marry Miss Ellersly.

"All right," said I, and with the paper in my hand, went to my outside office. I kept on toward my inner office, saying over my shoulder—to the stenographer: "Don't let anybody interrupt me." Behind the closed and locked door my body ventured to come to life again and my face to reflect as much as it could of the chaos that was heaving in me like ten thousand warring devils.

Three months before, in the same situation, my gambler's instinct would probably have helped me out. For I had not been gambling in the great American Monte Carlo all those years without getting used to the downs as well as to the ups. I had not—and have not—anything of the business man in my composition. To me, it was wholly finance, wholly a game, with excitement the chief factor and the sure winning, whether the little ball rolled my way or not. I was the financier, the gambler and adventurer; and that had been my principal asset. For, the man who wins in the long run at any of the great games of life—and they are all alike—is the man with the cool head; and the only man whose head is cool is he who plays for the game's sake, not caring greatly whether he wins or loses on any one play, because he feels that if he wins to-day, he will lose to-morrow; if he loses to-day, he will win to-morrow. But now a new factor had come into the game. I spread out the paper and stared at the head-lines: "Black Matt To Wed Society Belle—The Bucket-Shop King Will Lead Anita Ellersly To The Altar." I tried to read the vulgar article under these vulgar lines, but I could not. I was sick, sick in body and in mind. My "nerve" was gone. I was no longer the free lance; I had responsibilities.

That thought dragged another in its train, an ugly, grinning imp that leered at me and sneered: "But she won't have you now!"

"She will! She must!" I cried aloud, starting up. And then the storm burst—I raged up and down the floor, shaking my clinched fists, gnashing my teeth, muttering all kinds of furious commands and threats—a truly ridiculous exhibition of impotent rage. For through it all I saw clearly enough that she wouldn't have me, that all these people I'd been trying to climb up among would kick loose my clinging hands and laugh as they watched me disappear. They who were none too gentle and slow in disengaging themselves from those of their own lifelong associates who had reverses of fortune—what consideration could "Black Matt" expect from them? And she—The necessity and the ability to deceive myself had gone, now that I could not pay the purchase price for her. The full hideousness of my bargain for her dropped its veil and stood naked before me.

At last, disgusted and exhausted, I flung myself down again, and dumbly and helplessly inspected the ruins of my projects—or, rather, the ruin of the one project upon which I had my heart set. I had known I cared for her, but it had seemed to me she was simply one more, the latest, of the objects on which I was in the habit of fixing my will from time to time to make the game more deeply interesting. I now saw that never before had I really been in earnest about anything, that on winning her I had staked myself, and that myself was a wholly different person from what I had been imagining. In a word, I sat face to face with that unfathomable mystery of sex-affinity that every man laughs at and mocks another man for believing in, until he has himself felt it drawing him against will, against reason, and sense, and interest, over the brink of destruction yawning before his eyes—drawing him as the magnet-mountain drew Sindbad and his ship. And I say to you that those who can defy and resist that compulsion are not more, but less, than man or woman; and their fancied strength is in reality a deficiency. Looking calmly back upon my follies under her spell, I think the better of myself for them. It is the splendid follies of life that redeem it from vulgarity.

But—it is not in me to despair. There never yet was an impenetrable siege line; to escape, it is only necessary by craft or by chance to hit upon the moment and the spot for the sortie. "Ruined!" I said aloud. "Trapped and trimmed like the stupidest sucker that ever wandered into Wall Street! A dead one, no doubt; but I'll see to it that they don't enjoy my funeral."



XVII. A GENTEEL "HOLD-UP"

In my childhood at home, my father was often away for a week or longer, working or looking for work. My mother had a notion that a boy should be punished only by his father; so, whenever she caught me in what she regarded as a serious transgression, she used to say: "You will get a good whipping for this, when your father comes home." At first I used to wait passively, suffering the torments of ten thrashings before the "good whipping" came to pass. But soon my mind began to employ the interval more profitably. I would scheme to escape execution of sentence; and, though my mother was a determined woman, many's the time I contrived to change her mind. I am not recommending to parents the system of delay in execution of sentence; but I must say that in my case it was responsible for an invaluable discipline. For example, the Textile tangle.

I knew I was in all human probability doomed to go down before the Stock Exchange had been open an hour the next morning. All Textile stocks must start many points higher than they had been at the close, must go steadily and swiftly up. Entangled as my reserve resources were in the Coal deal, I should have no chance to cover my shorts on any terms less than the loss of all I had. At most, I could hope only to save myself from criminal bankruptcy.

And now my early training in coolly and calmly studying how to avert execution of sentence came into play. There is a kind of cornered-rat, hit-or-miss, last-ditch fight that any creature will make in such circumstances as mine then were, and the inspirations of despair sometimes happen to be lucky. But I prefer the reasoned-out plan.

There was no signal of distress in my voice as I telephoned Corey, president of the Interstate Trust Company, to stay at his office until I came; there was no signal of distress in my manner as I sallied forth and went down to the Power Trust Building; nor did I show or suggest that I had heard the "shot-at-sunrise" sentence, as I strode into Roebuck's presence and greeted him. I was assuming, by way of precaution, that some rumor about me either had reached him or would soon reach him. I knew he had an eye in every secret of finance and industry, and, while I believed my secret was wholly my own, I had too much at stake with him to bank on that, when I could, as I thought, so easily reassure him.

"I've come to suggest, Mr. Roebuck," said I, "that you let my house—Blacklock and Company—announce the Coal reorganization plan. It would give me a great lift, and Melville and his bank don't need prestige. My daily letters to the public on investments have, as you know, got me a big following that would help me make the flotation an even bigger success than it's bound to be, no matter who announces it and invites subscriptions."

As I thus proposed that I be in a jiffy caught up from the extremely humble level of reputed bucket-shop dealer into the highest heaven of high finance, that I be made the official spokesman of the financial gods, his expression was so ludicrous that I almost lost my gravity. I suspect, for a moment he thought I had gone mad. His manner, when he recovered himself sufficiently to speak, was certainly not unlike what it would have been had he found himself alone before a dangerous lunatic who was armed with a bomb.

"You know how anxious I am to help you, to further your interests, Matthew," said he wheedlingly. "I know no man who has a brighter future. But—not so fast, not so fast, young man. Of course, you will appear as one of the reorganizing committee—but we could not afford to have the announcement come through any less strong and old established house than the National Industrial Bank."

"At least, you can make me joint announcer with them," I urged.

"Perhaps—yes—possibly—we'll see," said he soothingly. "There is plenty of time."

"Plenty of time," I assented, as if quite content. "I only wanted to put the matter before you." And I rose to go.

"Have you heard the news of Textile Common?" he asked.

"Yes," said I carelessly. Then, all in an instant, a plan took shape in my mind. "I own a good deal of the stock, and I must say, I don't like this raise."

"Why?" he inquired.

"Because I'm sure it's a stock-jobbing scheme," replied I boldly. "I know the dividend wasn't earned. I don't like that sort of thing, Mr. Roebuck. Not because it's unlawful—the laws are so clumsy that a practical man often must disregard them. But because it is tampering with the reputation and the stability of a great enterprise for the sake of a few millions of dishonest profit. I'm surprised at Langdon."

"I hope you're wrong, Matthew," was Roebuck's only comment. He questioned me no further, and I went away, confident that, when the crash came in the morning, if come it must, there would be no more astonished man in Wall Street than Henry J. Roebuck. How he must have laughed; or, rather, would have laughed, if his sort of human hyena expressed its emotions in the human way.

From him, straight to my lawyers, Whitehouse and Fisher, in the Mills Building.

"I want you to send for the newspaper reporters at once," said I to Fisher, "and tell them that in my behalf you are going to apply for an injunction against the Textile Trust, forbidding them to take any further steps toward that increase of dividend. Tell them I, as a large stock-holder, and representing a group of large stock-holders, purpose to stop the paying of unearned dividends."

Fisher knew how closely connected my house and the Textile Trust had been; but he showed, and probably felt no astonishment. He was too experienced in the ways of finance and financiers. It was a matter of indifference to him whether I was trying to assassinate my friend and ally, or was feinting at Langdon, to lure the public within reach so that we might, together, fall upon it and make a battue. Your lawyer is your true mercenary. Under his code honor consists in making the best possible fight in exchange for the biggest possible fee. He is frankly for sale to the highest bidder. At least so it is with those that lead the profession nowadays, give it what is called "character" and "tone."

Not without some regret did I thus arrange to attack my friend in his absence. "Still," I reasoned, "his blunder in trusting some leaky person with his secret is the cause of my peril—and I'll not have to justify myself to him for trying to save myself." What effect my injunction would have I could not foresee. Certainly it could not save me from the loss of my fortune; but, possibly, it might check the upward course of the stock long enough to enable me to snatch myself from ruin, and to cling to firm ground until the Coal deal drew me up to safety.

My next call was at the Interstate Trust Company. I found Corey waiting for me in a most uneasy state of mind.

"Is there any truth in this story about you?" was the question he plumped at me.

"What story?" said I, and a hard fight I had to keep my confusion and alarm from the surface. For, apparently, my secret was out.

"That you're on the wrong side of the Textile."

So it was out! "Some truth," I admitted, since denial would have been useless here. "And I've come to you for the money to tide me over."

He grew white, a sickly white, and into his eyes came a horrible, drowning look.

"I owe a lot to you, Matt," he pleaded. "But I've done you a great many favors, haven't I?"

"That you have Bob," I cordially agreed. "But this isn't a favor. It's business."

"You mustn't ask it, Blacklock," he cried. "I've loaned you more money now than the law allows. And I can't let you have any more."

"Some one has been lying to you, and you've been believing him," said I. "When I say my request isn't a favor, but business, I mean it."

"I can't let you have any more," he repeated. "I can't!" And down came his fist in a weak-violent gesture.

I leaned forward and laid my hand strongly on his arm.

"In addition to the stock of this concern that I hold in my own name," said I, "I hold five shares in the name of a man whom nobody knows that I even know. If you don't let me have the money, that man goes to the district attorney with information that lands you in the penitentiary, that puts your company out of business and into bankruptcy before to-morrow noon. I saved you three years ago, and got you this job against just such an emergency as this, Bob Corey. And, by God, you'll toe the mark!"

"But we haven't done anything that every bank in town doesn't do every day—doesn't have to do. If we didn't lend money to dummy borrowers and over-certify accounts, our customers would go where they could get accommodations."

"That's true enough," said I. "But I'm in a position for the moment where I need my friends—and they've got to come to time. If I don't get the money from you, I'll get it elsewhere—but over the cliff with you and your bank! The laws you've been violating may be bad for the practical banking business, but they're mighty good for punishing ingratitude and treachery."

He sat there, yellow and pinched, and shivering every now and then. He made no reply. He was one of those shells of men that are conspicuous as figureheads in every department of active life—fellows with well-shaped, white-haired or prematurely bald heads, and grave, respectable faces; they look dignified and substantial, and the soul of uprightness; they coin their looks into good salaries by selling themselves as covers for operations of the financiers. And how those operations, in the nude, as it were, would terrify the plodders that save up and deposit or invest the money the financiers gamble with on the big green tables!

Presently I shook his arm impatiently. His eyes met mine, and I fixed them.

"I'm going to pull through," said I. "But if I weren't, I'd see to it that you were protected. Come, what's your answer? Friend or traitor?"

"Can't you give me any security—any collateral?"

"No more than I took from you when I saved you as you were going down with the rest in the Dumont smash. My word—that's all. I borrow on the same terms you've given me before, the same you're giving four of your heaviest borrowers right now."

He winced as I thus reminded him how minute my knowledge was of the workings of his bank.

"I didn't think this of you, Matt," he whined. "I believed you above such hold-up methods."

"I suit my methods to the men I'm dealing with," was my answer. "These fellows are trying to push me off the life raft. I fight with every weapon I can lay hands on. And I know as well as you do that, if you get into serious trouble through this loan, at least five men we could both name would have to step in and save the bank and cover up the scandal. You'll blackmail them, just as you've blackmailed them before, and they you. Blackmail's a legitimate part of the game. Nobody appreciates that better than you." It was no time for the smug hypocrisies under which we people down town usually conduct our business—just as the desperadoes used to patrol the highways disguised as peaceful merchants.

"Send round in the morning and get the money," said he, putting on a resigned, hopeless look.

I laughed. "I'll feel easier if I take it now," I replied. "We'll fix up the notes and checks at once."

He reddened, but after a brief hesitation busied himself. When the papers were all made up and signed, and I had the certified checks in my pocket, I said: "Wait here, Bob, until the National Industrial people call you up. I'll ask them to do it, so they can get your personal assurance that everything's all right. And I'll stop there until they tell me they've talked with you."

"But it's too late," he said. "You can't deposit to-day."

"I've a special arrangement with them," I replied.

His face betrayed him. I saw that at no stage of that proceeding had I been wiser than in shutting off his last chance to evade. What scheme he had in mind I don't know, and can't imagine. But he had thought out something, probably something foolish that would have given me trouble without saving him. A foolish man in a tight place is as foolish as ever, and Corey was a foolish man—only a fool commits crimes that put him in the power of others. The crimes of the really big captains of industry and generals of finance are of the kind that puts others in their power.

"Buck up, Corey," said I. "Do you think I'm the man to shut a friend in the hold of a sinking ship? Tell me, who told you I was short on Textile?"

"One of my men," he slowly replied, as he braced himself together.

"Which one? Who?" I persisted. For I wanted to know just how far the news was likely to spread.

He seemed to be thinking out a lie.

"The truth!" I commanded. "I know it couldn't have been one of your men. Who was it? I'll not give you away."

"It was Tom Langdon," he finally said.

I checked an exclamation of amazement. I had been assuming that I had been betrayed by some one of those tiny mischances that so often throw the best plans into confusion.

"Tom Langdon," I said satirically. "It was he that warned you against me?"

"It was a friendly act," said Corey. "He and I are very intimate. And he doesn't know how close you and I are."

"Suggested that you call my loans, did he?" I went on.

"You mustn't blame him, Blacklock; really you mustn't," said Corey earnestly, for he was a pretty good friend to those he liked, as friendship goes in finance. "He happened to hear. You know the Langdons keep a sharp watch on operations in their stock. And he dropped in to warn me as a friend. You'd do the same thing in the same circumstances. He didn't say a word about my calling your loans. I—to be frank—I instantly thought of it myself. I intended to do it when you came, but"—a sickly smile—"you anticipated me."

"I understand," said I good-humoredly. "I don't blame him." And I didn't then.

After I had completed my business at the National Industrial, I went back to my office and gathered together the threads of my web of defense. Then I wrote and sent out to all my newspapers and all my agents a broadside against the management of the Textile Trust—it would be published in the morning, in good time for the opening of the Stock Exchange. Before the first quotation of Textile could be made, thousands on thousands of investors and speculators throughout the country would have read my letter, would be believing that Matthew Blacklock had detected the Textile Trust in a stock-jobbing swindle, and had promptly turned against it, preferring to keep faith with his customers and with the public. As I read over my pronunciamiento aloud before sending it out, I found in it a note of confidence that cheered me mightily. "I'm even stronger than I thought," said I. And I felt stronger still as I went on to picture the thousands on thousands throughout the land rallying at my call to give battle.



XVIII. ANITA BEGINS TO BE HERSELF

I had asked Sam Ellersly to dine with me; so preoccupied was I that not until ten minutes before the hour set did he come into my mind—he or any of his family, even his sister. My first impulse was to send word that I couldn't keep the engagement. "But I must dine somewhere," I reflected, "and there's no reason why I shouldn't dine with him, since I've done everything that can be done." In my office suite I had a bath and dressing-room, with a complete wardrobe. Thus, by hurrying a little over my toilet, and by making my chauffeur crowd the speed limit, I was at Delmonico's only twenty minutes late.

Sam, who had been late also, as usual, was having a cocktail and was ordering the dinner. I smoked a cigarette and watched him. At business or at anything serious his mind was all but useless; but at ordering dinner and things of that sort, he shone. Those small accomplishments of his had often moved me to a sort of pitying contempt, as if one saw a man of talent devoting himself to engraving the Lord's Prayer on gold dollars. That evening, however, as I saw how comfortable and contented he looked, with not a care in the world, since he was to have a good dinner and a good cigar afterward; as I saw how much genuine pleasure he was getting out of selecting the dishes and giving the waiter minute directions for the chef, I envied him.

What Langdon had once said came back to me: "We are under the tyranny of to-morrow, and happiness is impossible." And I thought how true that was. But, for the Sammys, high and low, there is no to-morrow. He was somehow impressing me with a sense that he was my superior. His face was weak, and, in a weak way, bad; but there was a certain fineness of quality in it, a sort of hothouse look, as if he had been sheltered all his life, and brought up on especially selected food. "Men like me," thought I with a certain envy, "rise and fall. But his sort of men have got something that can't be taken away, that enables them to carry off with grace, poverty or the degradation of being spongers and beggars."

This shows how far I had let that attack of snobbishness eat into me. I glanced down at my hands. No delicateness there; certainly those fingers, though white enough nowadays, and long enough, too, were not made for fancy work and parlor tricks. They would have looked in place round the handle of a spade or the throttle of an engine, while Sam's seemed made for the keyboard of a piano.

"You must come over to my rooms after dinner, and give me some music," said I.

"Thanks," he replied, "but I've promised to go home and play bridge. Mother's got a few in to dinner, and more are coming afterward, I believe."

"Then I'll go with you, and talk to your sister—she doesn't play."

He glanced at me in a way that made me pass my hand over my face. I learned at least part of the reason for my feeling at disadvantage before him. I had forgotten to shave; and as my beard is heavy and black, it has to be looked after twice a day. "Oh, I can stop at my rooms and get my face into condition in a few minutes," said I.

"And put on evening dress, too," he suggested. "You wouldn't want to go in a dinner jacket."

I can't say why this was the "last straw," but it was.

"Bother!" said I, my common sense smashing the spell of snobbishness that had begun to reassert itself as soon as I got into his unnatural, unhealthy atmosphere. "I'll go as I am, beard and all. I only make myself ridiculous, trying to be a sheep. I'm a goat, and a goat I'll stay."

That shut him into himself. When he re-emerged, it was to say: "Something doing down town to-day, eh?"

A sharpness in his voice and in his eyes, too, made me put my mind on him more closely, and then I saw what I should have seen before—that he was moody and slightly distant.

"Seen Tom Langdon this afternoon?" I asked carelessly.

He colored. "Yes—had lunch with him," was his answer.

I smiled—for his benefit. "Aha!" thought I. "So Tom Langdon has been fool enough to take this paroquet into his confidence." Then I said to him: "Is Tom making the rounds, warning the rats to leave the sinking ship?"

"What do you mean, Matt?" he demanded, as if I had accused him.

I looked steadily at him, and I imagine my unshaven jaw did not make my aspect alluring.

"That I'm thinking of driving the rats overboard," replied I. "The ship's sound, but it would be sounder if there were fewer of them."

"You don't imagine anything Tom could say would change my feelings toward you?" he pleaded.

"I don't know, and I don't care a damn," replied I coolly. "But I do know, before the Langdons or anybody else can have Blacklock pie, they'll have first to catch their Blacklock."

I saw Langdon had made him uneasy, despite his belief in my strength. And he was groping for confirmation or reassurance. "But," thought I, "if he thinks I may be going up the spout, why isn't he more upset? He probably hates me because I've befriended him, but no matter how much he hated me, wouldn't his fear of being cut off from supplies drive him almost crazy?" I studied him in vain for sign of deep anxiety. Either Tom didn't tell him much, I decided, or he didn't believe Tom knew what he was talking about.

"What did Tom say about me?" I inquired.

"Oh, almost nothing. We were talking chiefly of—of club matters," he answered, in a fair imitation of his usual offhand manner.

"When does my name come up there?" said I.

He flushed and shifted. "I was just about to tell you," he stammered. "But perhaps you know?"

"Know what?"

"That—Hasn't Tom told you? He has withdrawn—and—you'll have to get another second—if you think—that is—unless you—I suppose you'd have told me, if you'd changed your mind?"

Since I had become so deeply interested in Anita, my ambition—ambition!—to join the Travelers had all but dropped out of my mind.

"I had forgotten about it," said I. "But, now that you remind me, I want my name withdrawn. It was a passing fancy. It was part and parcel of a lot of damn foolishness I've been indulging in for the last few months. But I've come to my senses—and it's 'me to the wild,' where I belong, Sammy, from this time on."

He looked tremendously relieved, and a little puzzled, too. I thought I was reading him like an illuminated sign. "He's eager to keep friends with me," thought I, "until he's absolutely sure there's nothing more in it for him and his people." And that guess was a pretty good one. It is not to the discredit of my shrewdness that I didn't see it was not hope, but fear, that made him try to placate me. I could not have possibly known then what the Langdons had done. But—Sammy was saying, in his friendliest tone:

"What's the matter, old man? You're sour to-night."

"Never in a better humor," I assured him, and as I spoke the words they came true. What I had been saying about the Travelers and all it represented—all the snobbery, and smirking, and rotten pretense—my final and absolute renunciation of it all—acted on me as I've seen religion act on the fellows that used to go up to the mourners' bench at the revivals. I felt as if I had suddenly emerged from the parlor of a dive and its stench of sickening perfumes, into the pure air of God's Heaven.

I signed the bill, and we went afoot up the avenue. Sam, as I saw with a good deal of amusement, was trying to devise some subtle, tactful way of attaching his poor, clumsy little suction-pump to the well of my secret thoughts.

"What is it, Sammy?" said I at last. "What do you want to know that you're afraid to ask me?"

"Nothing," he said hastily. "I'm only a bit worried about—about you and Textile. Matt,"—this in the tone of deep emotion we reserve for the attempt to lure our friends into confiding that about themselves which will give us the opportunity to pity them, and, if necessary, to sheer off from them—"Matt, I do hope you haven't been hard hit?"

"Not yet," said I easily. "Dry your tears and put away your black clothes. Your friend, Tom Langdon, was a little premature."

"I'm afraid I've given you a false impression," Sam continued, with an overeagerness to convince me that did not attract my attention at the time. "Tom merely said, 'I hear Blacklock is loaded up with Textile shorts,'—that was all. A careless remark. I really didn't think of it again until I saw you looking so black and glum."

That seemed natural enough, so I changed the subject. As we entered his house, I said:

"I'll not go up to the drawing-room. Make my excuses to your mother, will you? I'll turn into the little smoking-room here. Tell your sister—and say I'm going to stop only a moment."

Sam had just left me when the butler came.

"Mr. Ball—I think that was the name, sir—wishes to speak to you on the telephone."

I had given Ellerslys' as one of the places at which I might be found, should it be necessary to consult me. I followed the butler to the telephone closet under the main stairway. As soon as Ball made sure it was I, he began:

"I'll use the code words. I've just seen Fearless, as you told me to."

Fearless—that was Mitchell, my spy in the employ of Tavistock, who was my principal rival in the business of confidential brokerage for the high financiers. "Yes," said I. "What does he say?"

"There has been a great deal of heavy buying for a month past."

Then my dread was well-founded—Textiles were to be deliberately rocketed. "Who's been doing it?" I asked.

"He found out only this afternoon. It's been kept unusually dark. It—"

"Who? Who?" I demanded.

"Intrepid," he answered.

Intrepid—that is, Langdon—Mowbray Langdon!

"The whole thing—was planned carefully," continued Ball, "and is coming off according to schedule. Fearless overheard a final message Intrepid's brother brought from him to-day."

So it was no mischance—it was an assassination. Mowbray Langdon had stabbed me in the back and fled.

"Did you hear what I said?" asked Ball. "Is that you?"

"Yes," I replied.

"Oh," came in a relieved tone from the other end of the wire. "You were so long in answering that I thought I'd been cut off. Any instructions?"

"No," said I. "Good-by."

I heard him ring off, but I sat there for several minutes, the receiver still to my ear. I was muttering: "Langdon, Langdon—why—why—why?" again and again. Why had he turned against me? Why had he plotted to destroy me—one of those plots so frequent in Wall Street—where the assassin steals up, delivers the mortal blow, and steals away without ever being detected or even suspected? I saw the whole plot now—I understood Tom Langdon's activities, I recalled Mowbray Langdon's curious phrases and looks and tones. But—why—why—why? How was I in his way?

It was all dark to me—pitch-dark. I returned to the smoking-room, lighted a cigar, sat fumbling at the new situation. I was in no worse plight than before—what did it matter who was attacking me? In the circumstances, a novice could now destroy me as easily as a Langdon. Still, Ball's news seemed to take away my courage. I reminded myself that I was used to treachery of this sort, that I deserved what I was getting because I had, like a fool, dropped my guard in the fight that is always an every-man-for-himself. But I reminded myself in vain. Langdon's smiling treachery made me heart-sick.

Soon Anita appeared—preceded and heralded by a faint rustling from soft and clinging skirts, that swept my nerves like a love-tune. I suppose for all men there is a charm, a spell, beyond expression, in the sight of a delicate beautiful young woman, especially if she be dressed in those fine fabrics that look as if only a fairy loom could have woven them; and when a man loves the woman who bursts upon his vision, that spell must overwhelm him, especially if he be such a man as was I—a product of life's roughest factories, hard and harsh, an elbower and a trampler, a hustler and a bluffer. Then, you must also consider the exact circumstances—I standing there, with destruction hanging over me, with the sense that within a few hours I should be a pariah to her, a masquerader stripped of his disguise and cast out from the ball where he had been making so merry and so free. Only a few hours more! Perhaps now was the last time I should ever stand so near to her! The full realization of all this swallowed me up as in a great, thick, black mist. And my arms strained to escape from my tightly-locked hands, strained to seize her, to snatch from her, reluctant though she might be, at least some part of the happiness that was to be denied me.

I think my torment must have somehow penetrated to her. For she was sweet and friendly—and she could not have hurt me worse! If I had followed my impulse I should have fallen at her feet and buried my face, scorching, in the folds of that pale blue, faintly-shimmering robe of hers.

"Do throw away that huge, hideous cigar," she said, laughing. And she took two cigarettes from the box, put both between her lips, lit them, held one toward me. I looked at her face, and along her smooth, bare, outstretched arm, and at the pink, slender fingers holding the cigarette. I took it as if I were afraid the spell would be broken, should my fingers touch hers. Afraid—that's it! That's why I didn't pour out all that was in my heart. I deserved to lose her.

"I'm taking you away from the others," I said. We could hear the murmur of many voices and of music. In fancy I could see them assembled round the little card-tables—the well-fed bodies, the well-cared-for skins, the elaborate toilets, the useless jeweled hands—comfortable, secure, self-satisfied, idle, always idle, always playing at the imitation games—like their own pampered children, to be sheltered in the nurseries of wealth their whole lives through. And not at all in bitterness, but wholly in sadness, a sense of the injustice, the unfairness of it all—a sense that had been strong in me in my youth but blunted during the years of my busy prosperity—returned for a moment. For a moment only; my mind was soon back to realities—to her and me—to "us." How soon it would never be "us" again!

"They're mama's friends," Anita was answering. "Oldish and tiresome. When you leave I shall go straight on up to bed."

"I'd like to—to see your room—where you live," said I, more to myself than to her.

"I sleep in a bare little box," she replied with a laugh. "It's like a cell. A friend of ours who has the anti-germ fad insisted on it. But my sitting-room isn't so bad."

"Langdon has the anti-germ fad," said I. She answered "Yes" after a pause, and in such a strained voice that I looked at her. A flush was just dying out of her face. "He was the friend I spoke of," she went on.

"You know him very well?" I asked.

"We've known him—always," said she. "I think he's one of my earliest recollections. His father's summer place and ours adjoin. And once—I guess it's the first time I remember seeing him—he was a freshman at Harvard, and he came along on a horse past the pony cart in which a groom was driving me. And I—I was very little then—I begged him to take me up, and he did. I thought he was the greatest, most wonderful man that ever lived." She laughed queerly. "When I said my prayers, I used to imagine a god that looked like him to say them to."

I echoed her laugh heartily. The idea of Mowbray Langdon as a god struck me as peculiarly funny, though natural enough, too.

"Absurd, wasn't it?" said she. But her face was grave, and she let her cigarette die out.

"I guess you know him better than that now?"

"Yes—better," she answered, slowly and absently. "He's—anything but a god!"

"And the more fascinating on that account," said I. "I wonder why women like best the really bad, dangerous sort of man, who hasn't any respect for them, or for anything."

I said this that she might protest, at least for herself. But her answer was a vague, musing, "I wonder—I wonder."

"I'm sure you wouldn't," I protested earnestly, for her.

She looked at me queerly.

"Can I never convince you that I'm just a woman?" said she mockingly. "Just a woman, and one a man with your ideas of women would fly from."

"I wish you were!" I exclaimed. "Then—I'd not find it so—so impossible to give you up."

She rose and made a slow tour of the room, halting on the rug before the closed fireplace a few feet from me. I sat looking at her.

"I am going to give you up," I said at last.

Her eyes, staring into vacancy, grew larger and intenser with each long, deep breath she took.

"I didn't intend to say what I'm about to say—at least, not this evening," I went on, and to me it seemed to be some other than myself who was speaking. "Certain things happened down town to-day that have set me to thinking. And—I shall do whatever I can for your brother and your father. But you—you are free!"

She went to the table, stood there in profile to me, straight and slender as a sunflower stalk. She traced the silver chasings in the lid of the cigarette box with her forefinger; then she took a cigarette and began rolling it slowly and absently.

"Please don't scent and stain your fingers with that filthy tobacco," said I rather harshly.

"And only this afternoon you were saying you had become reconciled to my vice—that you had canonized it along with me—wasn't that your phrase?" This indifferently, without turning toward me, and as if she were thinking of something else.

"So I have," retorted I. "But my mood—please oblige me this once."

She let the cigarette fall into the box, closed the lid gently, leaned against the table, folded her arms upon her bosom and looked full at me. I was as acutely conscious of her every movement, of the very coming and going of the breath at her nostrils, as a man on the operating-table is conscious of the slightest gesture of the surgeon.

"You are—suffering!" she said, and her voice was like the flow of oil upon a burn. "I have never seen you like this. I didn't believe you capable of—of much feeling."

I could not trust myself to speak. If Bob Corey could have looked in on that scene, could have understood it, how amazed he would have been!

"What happened down town to-day?" she went on. "Tell me, if I may know."

"I'll tell you what I didn't think, ten minutes ago, I'd tell any human being," said I. "They've got me strapped down in the press. At ten o'clock in the morning—precisely at ten—they're going to put on the screws." I laughed. "I guess they'll have me squeezed pretty dry before noon."

She shivered.

"So, you see," I continued, "I don't deserve any credit for giving you up. I only anticipate you by about twenty-four hours. Mine's a deathbed repentance."

"I'd thought of that," said she reflectively. Presently she added: "Then, it is true." And I knew Sammy had given her some hint that prepared her for my confession.

"Yes—I can't go blustering through the matrimonial market," replied I. "I've been thrown out. I'm a beggar at the gates."

"A beggar at the gates," she murmured.

I got up and stood looking down at her.

"Don't pity me!" I said. "My remark was a figure of speech. I want no alms. I wouldn't take even you as alms. They'll probably get me down, and stamp the life out of me—nearly. But not quite—don't you lose sight of that. They can't kill me, and they can't tame me. I'll recover, and I'll strew the Street with their blood and broken bones."

She drew in her breath sharply.

"And a minute ago I was almost liking you!" she exclaimed.

I retreated to my chair and gave her a smile that must have been grim.

"Your ideas of life and of men are like a cloistered nun's," said I. "If there are any real men among your acquaintances, you may find out some day that they're not so much like lapdogs as they pretend—and that you wouldn't like them, if they were."

"What—just what—happened to you down town to-day—after you left me?"

"A friend of mine has been luring me into a trap—why, I can't quite fathom. To-day he sprang the trap and ran away."

"A friend of yours?"

"The man we were talking about—your ex-god—Langdon."

"Langdon," she repeated, and her tone told me that Sammy knew and had hinted to her more than I suspected him of knowing. And, with her arms still folded, she paced up and down the room. I watched her slender feet in pale blue slippers appear and disappear—first one, then the other—at the edge of her trailing skirt.

Presently she stopped in front of me. Her eyes were gazing past me.

"You are sure it was he?" she asked.

I could not answer immediately, so amazed was I at her expression. I had been regarding her as a being above and apart, an incarnation of youth and innocence; with a shock it now came to me that she was experienced, intelligent, that she understood the whole of life, the dark as fully as the light, and that she was capable to live it, too. It was not a girl that was questioning me there; it was a woman.

"Yes—Langdon," I replied. "But I've no quarrel with him. My reverse is nothing but the fortune of war. I assure you, when I see him again, I'll be as friendly as ever—only a bit less of a trusting ass, I fancy. We're a lot of free lances down in the Street. We fight now on one side, now on the other. We change sides whenever it's expedient; and under the code it's not necessary to give warning. To-day, before I knew he was the assassin, I had made my plans to try to save myself at his expense, though I believed him to be the best friend I had down town. No doubt he's got some good reason for creeping up on me in the dark."

"You are sure it was he?" she repeated.

"He, and nobody else," replied I. "He decided to do me up—and I guess he'll succeed. He's not the man to lift his gun unless he's sure the bird will fall."

"Do you really not care any more than you show?" she asked. "Or is your manner only bravado—to show off before me?"

"I don't care a damn, since I'm to lose you," said I. "It'll be a godsend to have a hard row to hoe the next few months or years."

She went back to leaning against the table, her arms folded as before. I saw she was thinking out something. Finally she said:

"I have decided not to accept your release."

I sprang to my feet.

"Anita!" I cried, my arms stretched toward her.

But she only looked coldly at me, folded her arms the more tightly and said:

"Do not misunderstand me. The bargain is the same as before. If you want me on those terms, I must—give myself."

"Why?" I asked.

A faint smile, with no mirth in it, drifted round the corners of her mouth.

"An impulse," she said. "I don't quite understand it myself. An impulse from—from—" Her eyes and her thoughts were far away, and her expression was the one that made it hardest for me to believe she was a child of those parents of hers. "An impulse from a sense of justice—of decency. I am the cause of your trouble, and I daren't be a coward and a cheat." She repeated the last words. "A coward—a cheat! We—I—have taken much from you, more than you know. It must be repaid. If you still wish, I will—will keep to my bargain."

"It's true, I'd not have got into the mess," said I, "if I'd been attending to business instead of dangling after you. But you're not responsible for that folly."

She tried to speak several times, before she finally succeeded in saying:

"It's my fault. I mustn't shirk."

I studied her, but I couldn't puzzle her out.

"I've been thinking all along that you were simple and transparent," I said. "Now, I see you are a mystery. What are you hiding from me?"

Her smile was almost coquettish as she replied:

"When a woman makes a mystery of herself to a man, it's for the man's good."

I took her hand—almost timidly.

"Anita," I said, "do you still—dislike me?"

"I do not—and shall not—love you," she answered. "But you are—"

"More endurable?" I suggested, as she hesitated.

"Less unendurable," she said with raillery. Then she added, "Less unendurable than profiting by a-creeping up in the dark."

I thought I understood her better than she understood herself. And suddenly my passion melted in a tenderness I would have said was as foreign to me as rain to a desert. I noticed that she had a haggard look. "You are very tired, child," said I. "Good night. I am a different man from what I was when I came in here."

"And I a different woman," said she, a beauty shining from her that was as far beyond her physical beauty as—as love is beyond passion.

"A nobler, better woman," I exclaimed, kissing her hand.

She snatched it away.

"If you only knew!" she cried. "It seems to me, as I realize what sort of woman I am, that I am almost worthy of you!" And she blazed a look at me that left me rooted there, astounded.

But I went down the avenue with a light heart. "Just like a woman," I was saying to myself cheerfully, "not to know her own mind."

A few blocks, and I stopped and laughed outright—at Langdon's treachery, at my own credulity. "What an ass I've been making of myself!" said I to myself. And I could see myself as I really had been during those months of social struggling—an ass, braying and gamboling in a lion's skin—to impress the ladies!

"But not wholly to no purpose," I reflected, again all in a glow at thought of Anita.



XIX. A WINDFALL FROM "GENTLEMAN JOE"

I went to my rooms, purposing to go straight to bed, and get a good sleep. I did make a start toward undressing; then I realized that I should only lie awake with my brain wearing me out, spinning crazy thoughts and schemes hour after hour—for my imagination rarely lets it do any effective thinking after the lights are out and the limitations of material things are wiped away by the darkness. I put on a dressing-gown and seated myself to smoke and to read.

When I was very young, new to New York, in with the Tenderloin crowd and up to all sorts of pranks, I once tried opium smoking. I don't think I ever heard of anything in those days without giving it a try. Usually, I believe, opium makes the smoker ill the first time or two; but it had no such effect on me, nor did it fill my mind with fantastic visions. On the contrary, it made everything around me intensely real—that is, it enormously stimulated my dominant characteristic of accurate observation. I noticed the slightest details—such things as the slight difference in the length of the arms of the Chinaman who kept the "joint," the number of buttons down the front of the waist of the girl in the bunk opposite mine, across the dingy, little, sweet-scented room. Nothing escaped me, and also I was conscious of each passing second, or, rather, fraction of a second.

As a rule, time and events, even when one is quietest, go with such a rush that one notes almost nothing of what is passing. The opium seemed to compel the kaleidoscope of life to turn more slowly; in fact, it sharpened my senses so that they unconsciously took impressions many times more quickly and easily and accurately. As I sat there that night after leaving Anita, forcing my mind to follow the printed lines, I found I was in exactly the state in which I had been during my one experiment with opium. It seemed to me that as many days as there had been hours must have elapsed since I got the news of the raised Textile dividend. Days—yes, weeks, even months, of thought and action seemed to have been compressed into those six hours—for, as I sat there, it was not yet eleven o'clock.

And then I realized that this notion was not of the moment, but that I had been as if under the influence of some powerful nerve stimulant since my brain began to recover from the shock of that thunderbolt. Only, where nerve stimulants often make the mind passive and disinclined to take part in the drama so vividly enacting before it, this opening of my reservoirs of reserve nervous energy had multiplied my power to act as well as my power to observe. "I wonder how long it will last," thought I. And it made me uneasy, this unnatural alertness, unaccompanied by any feverishness or sense of strain. "Is this the way madness begins?"

I dressed myself again and went out—went up to Joe Healey's gambling place in Forty-fourth Street. Most of the well-known gamblers up town, as well as their "respectable" down town fellow members of the fraternity, were old acquaintances of mine; Joe Healey was as close a friend as I had. He had great fame far squareness—and, in a sense, deserved it. With his fellow gamblers he was straight as a string at all times—to be otherwise would have meant that when he went broke he would stay broke, because none of the fraternity would "stake" him. But with his patrons—being regarded by them as a pariah, he acted toward them like a pariah—a prudent pariah. He fooled them with a frank show of gentlemanliness, of honesty to his own hurt; under that cover he fleeced them well, but always judiciously.

That night, I recall, Joe's guests were several young fellows of the fashionable set, rich men's sons and their parasites, a few of the big down town operators who hadn't yet got hipped on "respectability"—they playing poker in a private room—and a couple of flush-faced, flush-pursed chaps from out of town, for whom one of Joe's men was dealing faro from what looked to my experienced and accurate eye like a "brace" box.

Joe, very elegant, too elegant in fact, in evening dress, was showing a new piece of statuary to the oldest son of Melville, of the National Industrial Bank. Joe knew a little something about art—he was much like the art dealers who, as a matter of business, learn the difference between good things and bad, but in their hearts wonder and laugh at people willing to part with large sums of money for a little paint or marble or the like.

As soon as Joe thought he had sufficiently impressed young Melville, he drifted him to a roulette table, left him there and joined me.

"Come to my office," said he. "I want to see you."

He led the way down the richly-carpeted marble stairway as far as the landing at the turn. There, on a sort of mezzanine, he had a gorgeous little suite. The principal object in the sitting-room or office was a huge safe. He closed and locked the outside door behind us.

"Take a seat," said he. "You'll like the cigars in the second box on my desk—the long one." And he began turning the combination lock. "You haven't dropped in on us for the past three or four months," he went on.

"No," said I, getting a great deal of pleasure out of seeing again, and thus intimately, his round, ruddy face—like a yachtman's, not like a drinker's—and his shifty, laughing brown eyes. "The game down town has given me enough excitement. I haven't had to continue it up town to keep my hand in."

In fact, I had, as I have already said, been breaking off with my former friends because, while many of the most reputable and reliable financiers down town go in for high play occasionally at the gambling houses, it isn't wise for the man trying to establish himself as a strictly legitimate financier. I had been playing as much as ever, but only in games in my own rooms and at the rooms of other bankers, brokers and commercial leaders. The passion for high play is a craving that gnaws at a man all the time, and he must always be feeding it one way or another.

"I've noticed that you are getting too swell to patronize us fellows," said he, his shrewd smile showing that my polite excuse had not fooled him. "Well, Matt, you're right—you always did have good sound sense and a steady eye for the main chance. I used to think the women'd ruin you, they were so crazy about that handsome mug and figure of yours. But when I saw you knew exactly when to let go, I knew nothing could stop you."

By this time he had the safe open, disclosing several compartments and a small, inside safe. He worked away at the second combination lock, and presently exposed the interior of the little safe. It was filled with a great roll of bills. He pried this out, brought it over to the desk and began wrapping it up. "I want you to take this with you when you go," said he. "I've made several big killings lately, and I'm going to get you to invest the proceeds."

"I can't take that big bundle along with me, Joe," said I. "Besides, it ain't safe. Put it in the bank and send me a check."

"Not on your life," replied Healey with a laugh. "The suckers we trimmed gave checks, and I turned 'em into cash as soon as the banks opened. I wasn't any too spry, either. Two of the damned sneaks consulted lawyers as soon as they sobered off, and tried to stop payment on their checks. They're threatening proceedings. You must take the dough away with you, and I don't want a receipt."

"Trimming suckers, eh?" said I, not able to decide what to do.

"Their fathers stole it from the public," he explained. "They're drunken little snobs, not fit to have money. I'm doing a public service by relieving them of it. If I'd 'a' got more, I'd feel that much more"—he vented his light, cool, sarcastic laugh—"more patriotic."

"I can't take it," said I, feeling that, in my present condition, to take it would be very near to betraying the confidence of my old friend.

"They lost it in a straight game," he hastened to assure me. "I haven't had a 'brace' box or crooked wheel for four years." This with a sober face and a twinkle in his eye. "But even if I had helped chance to do the good work of teaching them to take care of their money, you'd not refuse me. Up town and down town, and all over the place, what's business, when you come to look at it sensibly, but trading in stolen goods? Do you know a man who could honestly earn more than ten or twenty thousand a year—good clean money by good clean work?"

"Oh, for that matter, your money's as clean as anybody's," said I. "But, you know, I'm a speculator, Joe. I have my downs—and this happens to be a stormy time for me. If I take your money, I mayn't be able to account for it or even to pay dividends on it for—maybe a year or so."

"It's all right, old man. I'll never give it a thought till you remind me of it. Use it as you'd use your own. I've got to put it behind somebody's luck—why not yours?"

He finished doing up the package, then he seated himself, and we both looked at it through the smoke of our cigars.

"It's just as easy to deal in big sums as in little, in large matters as in small, isn't it, Joe," said I, "once one gets in the way of it?"

"Do you remember—away back there—the morning," he asked musingly—"the last morning—you and I got up from the straw in the stables over at Jerome Park—the stables they let us sleep in?"

"And went out in the dawn to roost on the rails and spy on the speed trials of old Revell's horses?"

"Exactly," said Joe, and we looked at each other and laughed. "We in rags—gosh, how chilly it was that morning! Do you remember what we talked about?"

"No," said I, though I did.

"I was proposing to turn a crooked trick—and you wouldn't have it. You persuaded me to keep straight, Matt. I've never forgotten it. You kept me straight—showed me what a damn fool a man was to load himself down with a petty larceny record. You made a man of me, Matt. And then those good looks of yours caught the eye of that bookmaker's girl, and he gave you a job at writing sheet—and you worked me in with you."

So long ago it seemed, yet near and real, too, as I sat there, conscious of every sound and motion, even of the fantastic shapes taken by our upcurling smoke. How far I was from the "rail bird" of those happy-go-lucky years, when a meal meant quite as much to me as does a million now—how far from all that, yet how near, too. For was I not still facing life with the same careless courage, forgetting each yesterday in the eager excitement of each new day with its new deal? We went on in our reminiscences for a while; then, as Joe had a little work to do, I drifted out into the house, took a bite of supper with young Melville, had a little go at the tiger, and toward five in the clear June morning emerged into the broad day of the streets, with the precious bundle under my arms and a five hundred-dollar bill in my waistcoat pocket.

"Give my win to me in a single bill," I said to the banker, "and blow yourself off with the change."

Joe walked down the street with me—for companionship and a little air before turning in, he said, but I imagine a desire to keep his eye on his treasure a while longer had something to do with his taking that early morning stroll. We passed several of those forlorn figures that hurry through the slowly-awakening streets to bed or to work. Finally, there came by an old, old woman—a scrubwoman, I guess, on her way home from cleaning some office building. Beside her was a thin little boy, hopping along on a crutch. I stopped them.

"Hold out your hand," said I to the boy, and he did. I laid the five hundred-dollar bill in it. "Now, shut your fingers tight over that," said I, "and don't open them till you get home. Then tell your mother to do what she likes with it." And we left them gaping after us, speechless before this fairy story come true.

"You must be looking hard for luck to-day," said Joe, who understood this transaction where another might have thought it a showy and not very wise charity. "They'll stop in at the church and pray for you, and burn a candle."

"I hope so," said I, "for God knows I need it."



XX. A BREATHING SPELL. Langdon, after several years of effort, had got recognition for Textile in London, but that was about all. He hadn't succeeded in unloading any great amount of it on the English. So it was rather because I neglected nothing than because I was hopeful of results that I had made a point of telegraphing to London news of my proposed suit. The result was a little trading in Textiles over there and a slight decline in the price. This fact was telegraphed to all the financial centers on this side of the water, and reinforced the impression my lawyers' announcement and my own "bear" letter were making.

Still, this was nothing, or next to it. What could I hope to avail against Langdon's agents with almost unlimited capital, putting their whole energy under the stock to raise it? In the same newspapers that published my bear attack, in the same columns and under the same head-lines, were official denials from the Textile Trust and the figures of enormous increase of business as proof positive that the denials were honest. If the public had not been burned so many times by "industrials," if it had not learned by bitter experience that practically none of the leaders of finance and industry were above lying to make or save a few dollars, if Textiles had not been manipulated so often, first by Dumont and since his death by his brother-in-law and successor, this suave and cynical Langdon, my desperate attack would have been without effect. As it was—

Four months before, in the same situation, had I seen Textiles stagger as they staggered in the first hour of business on the Stock Exchange that morning, I'd have sounded the charge, clapped spurs to my charger, and borne down upon them. But—I had my new-born yearning for "respectability"; I had my new-born squeamishness, which led me to fear risking Bob Corey and his bank and the money of my old friend Healey; finally, there was Anita—the longing for her that made me prefer a narrow and uncertain foothold to the bold leap that would land me either in wealth and power or in the bottomless abyss.

Instead of continuing to sell Textiles, I covered as far as I could; and I bought so eagerly and so heavily that, more than Langdon's corps of rocketers, I was responsible for the stock's rally and start upward. When I say "eagerly" and "heavily," I do not mean that I acted openly or without regard to common sense. I mean simply that I made no attempt to back up my followers in the selling campaign I had urged them into; on the contrary, I bought as they sold. That does not sound well, and it is no better than it sounds. I shall not dispute with any one who finds this action of mine a betrayal of my clients to save myself. All I shall say is that it was business, that in such extreme and dire compulsion as was mine, it was—and is—right under the code, the private and real Wall Street code.

You can imagine the confused mass of transactions in which I was involved before the Stock Exchange had been open long. There was the stock we had been able to buy or get options on at various prices, between the closing of the Exchange the previous day and that morning's opening—stock from all parts of this country and in England. There was the stock I had been buying since the Exchange opened—buying at figures ranging from one-eighth above last night's closing price to fourteen points above it. And, on the debit side, there were the "short" transactions extending over a period of nearly two months—"sellings" of blocks large and small at a hundred different prices.

An inextricable tangle, you will say, one it would be impossible for a man to unravel quickly and in the frantic chaos of a wild Stock Exchange day. Yet the influence of the mysterious state of my nerves, which I have described above, was so marvelous that, incredible though it seems, the moment the Exchange closed, I knew exactly, where I stood.

Like a mechanical lightning calculator, my mind threw up before me the net result of these selling and buying transactions. Textile Common closed eighteen points above the closing quotation of the previous day; if Langdon's brother had not been just a little indiscreet, I should have been as hopeless a bankrupt in reputation and in fortune as ever was ripped up by the bulls of Wall Street.

As it was, I believed that, by keeping a bold front, I might extricate and free myself when the Coal reorganization was announced. The rise of Coal stocks would square my debts—and, as I was apparently untouched by the Textile flurry, so far as even Ball, my nominal partner and chief lieutenant, knew, I need not fear pressure from creditors that I could not withstand.

I could not breathe freely, but I could breathe.



XXI. MOST UNLADYLIKE

When I saw I was to have a respite of a month or so, I went over to the National Industrial Bank with Healey's roll, which my tellers had counted and prepared for deposit. I finished my business with the receiving teller of the National Industrial, and dropped in on my friend Lewis, the first vice-president. I did not need to pretend coolness and confidence; my nerves were still in that curious state of tranquil exhilaration, and I felt master of myself and of the situation. Just as I was leaving, in came Tom Langdon with Sam Ellersly.

Tom's face was a laughable exhibit of embarrassment. Sam—really, I felt sorry for him. There was no reason on earth why he shouldn't be with Tom Langdon; yet he acted as if I had caught him "with the goods on him." He stammered and stuttered, clasped my hand eagerly, dropped it as if it had stung him; he jerked out a string of hysterical nonsense, ending with a laugh so crazy that the sound of it disconcerted him. Drink was the explanation that drifted through my mind; but in fact I thought little about it, so full was I of other matters.

"When is your brother returning?" said I to Tom.

"On the next steamer, I believe," he replied. "He went only for the rest and the bath of sea air." With an effort he collected himself, drew me aside and said: "I owe you an apology, Mr. Blacklock. I went to the steamer with Mowbray to see him off, and he asked me to tell you about our new dividend rate—though it was not to be made public for some time. Anyhow, he told me to go straight to you—and I—frankly, I forgot it." Then, with the winning, candid Langdon smile, he added, ingenuously: "The best excuse in the world—yet the one nobody ever accepts."

"No apology necessary," said I with the utmost good nature. "I've no personal interest in Textile. My house deals on commission only, you know—never on margins for myself. I'm a banker and broker, not a gambler. Some of our customers were alarmed by the news of the big increase, and insisted on bringing suit to stop it. But I'm going to urge them now to let the matter drop."

Tom tried to look natural, and as he is an apt pupil of his brother's, he succeeded fairly well. His glance, however, wouldn't fix steadily on my gaze, but circled round and round it like a bat at an electric light. "To tell you the truth," said he, "I'm extremely nervous as to what my brother will say—and do—to me, when I tell him. I hope no harm came to you through my forgetfulness."

"None in the world," I assured him. Then I turned on Sam. "What are you doing down town to-day?" said I. "Are you on your way to see me?"

He flushed with angry shame, reading an insinuation into my careless remark, when I had not the remotest intention of reminding him that his customary object in coming down town was to play the parasite and the sponge at my expense. I ought to have guessed at once that there was some good reason for his recovery of his refined, high-bred, gentlemanly super-sensibilities; but I was not in the mood to analyze trifles, though my nerves were taking careful record of them.

"Oh, I was just calling on Tom," he replied rather haughtily.

Then Melville himself came in, brushing back his white tufted burnsides and licking his lips and blinking his eyes—looking for all the world like a cat at its toilet.

"Oh! ah! Blacklock!" he exclaimed, with purring cordiality—and I knew he had heard of the big deposit I was making. "Come into my office on your way out—nothing especial—only because it's always a pleasure to talk with you."

I saw that his effusive friendliness confirmed Tom Langdon's fear that I had escaped from his brother's toils. He stared sullenly at the carpet until he caught me looking at him with twinkling eyes. He made a valiant effort to return my smile and succeeded in twisting his face into a knot that seemed to hurt him as much as it amused me.

"Well, good-by, Tom," said I. "Give my regards to your brother when he lands, and tell him his going away was a mistake. A man can't afford to trust his important business to understrappers." This with a face free from any suggestion of intending a shot at him. Then to Sam: "See you to-night, old man," and I went away, leaving Lewis looking from one to the other as if he felt that there was dynamite about, but couldn't locate it. I stopped with Melville to talk Coal for a few minutes—at my ease, and the last man on earth to be suspected of hanging by the crook of one finger from the edge of the precipice.

I rang the Ellerslys' bell at half-past nine that evening. The butler faced me with eyes not down, as they should have been, but on mine, and full of the servile insolence to which he had been prompted by what he had overheard in the family.

"Not at home, sir," he said, though I had not spoken.

I was preoccupied and not expecting that statement; neither had I skill, nor desire to acquire skill, in reading family barometers in the faces of servants. So, I was for brushing past him and entering where I felt I had as much right as in my own places. He barred the way.

"Beg pardon, sir. Mrs. Ellersly instructed me to say no one was at home."

I halted, but only like an oncoming bear at the prick of an arrow.

"What the hell does this mean?" I exclaimed, waving him aside. At that instant Anita appeared from the little reception-room a few feet away.

"Oh—come in!" she said cordially. "I was expecting you. Burroughs, please take Mr. Blacklock's hat."

I followed her into the reception-room, thinking the butler had made some sort of mistake.

"How did you come out?" she asked eagerly, facing me. "You look your natural self—not tired or worried—so it must have been not so bad as you feared."

"If our friend Langdon hadn't slipped away, I might not look and feel so comfortable," said I. "His brother blundered, and there was no one to checkmate my moves." She seemed nearer to me, more in sympathy with me than ever before.