even in the uttermost corners of the earth."

No one gainsaid him, and the gravity of his hearers' faces was sufficient confirmation of the importance of what he said. "You're right," Brooks assented. "Quite right," McKay agreed. And Norton, convinced in spite of himself, added thoughtfully, "Well, perhaps you are."

"I'm sure of it," Hamilton answered, "and now, gentlemen, it is time to go. When shall we meet again?"

"I suggest day after to-morrow, at the same hour," said McKay. "To-morrow will be a big day in the market, and we shall have a number of things to discuss."

"Yes, the time is ripe," Hamilton responded, "it is a wonderful opportunity."

"How far will cotton decline?" asked Norton.

"I should say, off-hand," answered Hamilton, "a couple of hundred points, at least. But that will be decided, of course, in the usual way. We can tell better after the first break."

"And wheat," queried Brooks, "will go up?"

"Exactly," said Hamilton. "The conditions there are exactly reversed. The advance will be sharp."

He walked over to the sideboard, filled his friends' glasses, and then raised his own high in the air, glancing, as he did so, at the old desk across the room.

"Here's to our predecessors," he said gravely. "The men who came here forty years ago. The men who have made us what we are to-day."

CHAPTER IV

A Flurry in the Market

It still lacked five minutes of ten o'clock, the hour for the daily opening of the Stock Exchange, but the board room at Holt and Henderson's was already filled to suffocation, and presently, as more and more clients came hurrying through the doors, so little space remained that as the crowd surged to and fro frequent forcible collisions became unavoidable. Yet while at any other time these gamblers would promptly have resented this jostling and scrimmaging, now they were so preoccupied and so intent upon their own affairs that they never thought of wasting time, either in apologizing themselves or in demanding an apology from those with whom they had come in contact.

The gathering would have repaid the studies of a psychologist. It numbered at least two hundred men, and apparently every rank and condition of society had furnished a representative. Well-dressed gentlemen rubbed elbows with ragged tipsters and hangers-on of Wall Street; a famous musician examined the "chart" of a no less famous artist; a coachman confident of a rise in July oats swapped theories with a farmer who foresaw a fall in December corn. But though in appearance so strikingly dissimilar, yet in one respect all these men were startlingly alike; not one of them seemed wholly normal. Their aberration displayed itself in various ways. Some were unable to keep still, but moved continually hither and thither, from the news ticker to the newspaper files, from the newspaper files to the bulletin board. Others, though content to remain in one spot, were unable to control their tongues and talked incessantly, the intensity of their speech and their nervous laughter showing the strain under which they were laboring; while others still, of a less friendly temperament, maintained an unbroken silence and a sullen aloofness from their companions.

Occasionally, here and there, small groups collected to discuss one subject, and one only--the future of the three great markets. "Well, what do you know?" was the common salutation, while now and then a customer, seemingly disregarding the grim significance of the phrase, would propound the jocular query, "Well, what are they going to do to us to-day?" Questions, answers, comments, filled the air. "London's up." "How's Liverpool?" "It's a big bull move; they've only started 'em." "I think they're toppy; you can sell 'em on the rallies." So ran the talk of the speculators, vapid and valueless, without end or beginning, and begotten of the fever which consumed their veins.

At one end of the office was a narrow alcove in the wall, just wide enough to contain a single chair, and this seat was now pre-empted, as it had been for the past month, by a man who at least in appearance presented a marked contrast to his fellow gamblers. He was young and exceptionally good-looking, with the build and bearing of an athlete, while his clear-cut features betokened not only birth and breeding, but also no lack of determination and tenacity of purpose. His whole attitude, indeed, suggested confidence in himself, and the occasional glances which he bestowed upon his companions were somewhat disdainful, as though he despised them for their excitement and their lack of self-control. Yet he himself, although quite unaware of it, was not exempt from the universal nervousness of the office, for every few moments he cast a quick glance upward at the clock, and repeatedly drew from his pocket a small memorandum book, studying it as the patron of the race track examines his wagers before the beginning of a race.

The hands of the clock pointed to ten o'clock; a bell tinkled sharply; and the tickers, like sprinters shooting from their marks at the starter's signal, commenced clicking and whirring at breakneck speed, while Demming, the red-headed, pot-bellied customers' man, began bellowing forth the quotations with an air of omnipotence which suggested that he alone was responsible for all that was taking place. "Crucible, ninety-four," he cried, "Union, one hundred and fifty-three; Steel, one hundred and twenty-seven and a half," and then, to divert his audience, and to show that he was a genuine humorist, he dropped into the time-honored slang of the street, and with a smirk of self-appreciation, went on chanting, "Annie Connolly, one hundred and five; Old Dog, sixty-two; Soup, par and a quarter."

The young man in the corner listened eagerly, noting the prices, as the board boys posted them, with an approving eye. "Still strong," he said half-aloud, "they're going up, all right," and he had settled himself to watch in comfort the rise that was to make him rich when one of the employees of the office came hastily up to him.

"If you please, Mr. Atherton," he said respectfully, "Mr. Holt would like to see you for a moment, sir, in his office."

Atherton looked at him in surprise. "Are you sure you have the right name?" he queried. "I don't like to leave the board just now."

"Yes, sir, I'm sure," the man responded. "In fact, Mr. Holt said that he particularly wished to see you at once."

Atherton rose. "Very well, then," he answered shortly, "if it's as important as that, I'll go."

In the private office he found both partners seated at the long table in the centre of the room. Holt was tall, dark and solemn; Henderson short, rosy and never without a smile; so that almost inevitably they had become known to employees and customers alike as "Joy" and "Gloom." They greeted him pleasantly enough, and after he had taken a seat, Holt picked up a card from the table and with a preliminary clearing of his throat, observed, "Our margin clerk has called our attention, Mr. Atherton, to the state of your account, and I thought that I had better speak to you about it."

Atherton, with the touchiness of a very young man, at once took offence. "I wasn't aware," he said stiffly, "that my account was not in good shape. But if you object to it, I suppose I can take it elsewhere."

At this retort, Mr. Holt's solemnity visibly increased, but the smiling Henderson, at his best in such an emergency, came promptly