Kitobni o'qish: «The Pit: A Story of Chicago»

Dedicated to My Brother

Charles Tolman Norris

In memory of certain lamentable tales of the round (dining-room) table heroes; of the epic of the pewter platoons, and the romance-cycle of "Gaston Le Fox," which we invented, maintained, and found marvellous at a time when we both were boys.

Principal Characters in the Novel

CURTIS JADWIN, capitalist and speculator.

SHELDON CORTHELL, an artist.

LANDRY COURT, broker's clerk.

SAMUEL GRETRY, a broker.

CHARLES CRESSLER, a dealer in grain.

MRS. CRESSLER, his wife.

LAURA DEARBORN, protege of Mrs. Cressler.

PAGE DEARBORN, her sister.

MRS. EMILY WESSELS, aunt of Laura and Page.

The Trilogy of The Epic of the Wheat includes the following novels:

THE OCTOPUS, a Story of California.

THE PIT, a Story of Chicago.

THE WOLF, a Story of Europe.

These novels, while forming a series, will be in no way connected with each other save only in their relation to (1) the production, (2) the distribution, (3) the consumption of American wheat. When complete, they will form the story of a crop of wheat from the time of its sowing as seed in California to the time of its consumption as bread in a village of Western Europe.

The first novel, "The Octopus," deals with the war between the wheat grower and the Railroad Trust; the second, "The Pit," is the fictitious narrative of a "deal" in the Chicago wheat pit; while the third, "The Wolf," will probably have for its pivotal episode the relieving of a famine in an Old World community.

The author's most sincere thanks for assistance rendered in the preparation of the following novel are due to Mr. G. D. Moulson of New York, whose unwearied patience and untiring kindness helped him to the better understanding of the technical difficulties of a Very complicated subject. And more especially he herewith acknowledges his unmeasured obligation and gratitude to Her Who Helped the Most of All.

F. N.

NEW YORK

June 4, 1901.

I

At eight o'clock in the inner vestibule of the Auditorium Theatre by the window of the box office, Laura Dearborn, her younger sister Page, and their aunt—Aunt Wess'—were still waiting for the rest of the theatre-party to appear. A great, slow-moving press of men and women in evening dress filled the vestibule from one wall to another. A confused murmur of talk and the shuffling of many feet arose on all sides, while from time to time, when the outside and inside doors of the entrance chanced to be open simultaneously, a sudden draught of air gushed in, damp, glacial, and edged with the penetrating keenness of a Chicago evening at the end of February.

The Italian Grand Opera Company gave one of the most popular pieces of its repertoire on that particular night, and the Cresslers had invited the two sisters and their aunt to share their box with them. It had been arranged that the party should assemble in the Auditorium vestibule at a quarter of eight; but by now the quarter was gone and the Cresslers still failed to arrive.

"I don't see," murmured Laura anxiously for the last time, "what can be keeping them. Are you sure Page that Mrs. Cressler meant here—inside?"

She was a tall young girl of about twenty-two or three, holding herself erect and with fine dignity. Even beneath the opera cloak it was easy to infer that her neck and shoulders were beautiful. Her almost extreme slenderness was, however, her characteristic; the curves of her figure, the contour of her shoulders, the swell of hip and breast were all low; from head to foot one could discover no pronounced salience. Yet there was no trace, no suggestion of angularity. She was slender as a willow shoot is slender—and equally graceful, equally erect.

Next to this charming tenuity, perhaps her paleness was her most noticeable trait. But it was not a paleness of lack of colour. Laura Dearborn's pallour was in itself a colour. It was a tint rather than a shade, like ivory; a warm white, blending into an exquisite, delicate brownness towards the throat. Set in the middle of this paleness of brow and cheek, her deep brown eyes glowed lambent and intense. They were not large, but in some indefinable way they were important. It was very natural to speak of her eyes, and in speaking to her, her friends always found that they must look squarely into their pupils. And all this beauty of pallid face and brown eyes was crowned by, and sharply contrasted with, the intense blackness of her hair, abundant, thick, extremely heavy, continually coruscating with sombre, murky reflections, tragic, in a sense vaguely portentous,—the coiffure of a heroine of romance, doomed to dark crises.

On this occasion at the side of the topmost coil, a white aigrette scintillated and trembled with her every movement. She was unquestionably beautiful. Her mouth was a little large, the lips firm set, and one would not have expected that she would smile easily; in fact, the general expression of her face was rather serious.

"Perhaps," continued Laura, "they would look for us outside." But Page shook her head. She was five years younger than Laura, just turned seventeen. Her hair, dressed high for the first time this night, was brown. But Page's beauty was no less marked than her sister's. The seriousness of her expression, however, was more noticeable. At times it amounted to undeniable gravity. She was straight, and her figure, all immature as yet, exhibited hardly any softer outlines than that of a boy.

"No, no," she said, in answer to Laura's question. "They would come in here; they wouldn't wait outside—not on such a cold night as this. Don't you think so, Aunt Wess'?"

But Mrs. Wessels, a lean, middle-aged little lady, with a flat, pointed nose, had no suggestions to offer. She disengaged herself from any responsibility in the situation and, while waiting, found a vague amusement in counting the number of people who filtered in single file through the wicket where the tickets were presented. A great, stout gentleman in evening dress, perspiring, his cravatte limp, stood here, tearing the checks from the tickets, and without ceasing, maintaining a continuous outcry that dominated the murmur of the throng:

"Have your tickets ready, please! Have your tickets ready."

"Such a crowd," murmured Page. "Did you ever see—and every one you ever knew or heard of. And such toilettes!"

With every instant the number of people increased; progress became impossible, except an inch at a time. The women were, almost without exception, in light-coloured gowns, white, pale blue, Nile green, and pink, while over these costumes were thrown opera cloaks and capes of astonishing complexity and elaborateness. Nearly all were bare-headed, and nearly all wore aigrettes; a score of these, a hundred of them, nodded and vibrated with an incessant agitation over the heads of the crowd and flashed like mica flakes as the wearers moved. Everywhere the eye was arrested by the luxury of stuffs, the brilliance and delicacy of fabrics, laces as white and soft as froth, crisp, shining silks, suave satins, heavy gleaming velvets, and brocades and plushes, nearly all of them white—violently so—dazzling and splendid under the blaze of the electrics. The gentlemen, in long, black overcoats, and satin mufflers, and opera hats; their hands under the elbows of their women-folk, urged or guided them forward, distressed, preoccupied, adjuring their parties to keep together; in their white-gloved fingers they held their tickets ready. For all the icy blasts that burst occasionally through the storm doors, the vestibule was uncomfortably warm, and into this steam-heated atmosphere a multitude of heavy odours exhaled—the scent of crushed flowers, of perfume, of sachet, and even—occasionally—the strong smell of damp seal-skin.

Outside it was bitterly cold. All day a freezing wind had blown from off the Lake, and since five in the afternoon a fine powder of snow had been falling. The coachmen on the boxes of the carriages that succeeded one another in an interminable line before the entrance of the theatre, were swathed to the eyes in furs. The spume and froth froze on the bits of the horses, and the carriage wheels crunching through the dry, frozen snow gave off a shrill staccato whine. Yet for all this, a crowd had collected about the awning on the sidewalk, and even upon the opposite side of the street, peeping and peering from behind the broad shoulders of policemen—a crowd of miserables, shivering in rags and tattered comforters, who found, nevertheless, an unexplainable satisfaction in watching this prolonged defile of millionaires.

So great was the concourse of teams, that two blocks distant from the theatre they were obliged to fall into line, advancing only at intervals, and from door to door of the carriages thus immobilised ran a score of young men, their arms encumbered with pamphlets, shouting: "Score books, score books and librettos; score books with photographs of all the artists."

However, in the vestibule the press was thinning out. It was understood that the overture had begun. Other people who were waiting like Laura and her sister had been joined by their friends and had gone inside. Laura, for whom this opera night had been an event, a thing desired and anticipated with all the eagerness of a girl who had lived for twenty-two years in a second-class town of central Massachusetts, was in great distress. She had never seen Grand Opera, she would not have missed a note, and now she was in a fair way to lose the whole overture.

"Oh, dear," she cried. "Isn't it too bad. I can't imagine why they don't come."

Page, more metropolitan, her keenness of appreciation a little lost by two years of city life and fashionable schooling, tried to reassure her.

"You won't lose much," she said. "The air of the overture is repeated in the first act—I've heard it once before."

"If we even see the first act," mourned Laura. She scanned the faces of the late comers anxiously. Nobody seemed to mind being late. Even some of the other people who were waiting, chatted calmly among themselves. Directly behind them two men, their faces close together, elaborated an interminable conversation, of which from time to time they could overhear a phrase or two.

"—and I guess he'll do well if he settles for thirty cents on the dollar. I tell you, dear boy, it was a smash!"

"Never should have tried to swing a corner. The short interest was too small and the visible supply was too great."

Page nudged her sister and whispered: "That's the Helmick failure they're talking about, those men. Landry Court told me all about it. Mr. Helmick had a corner in corn, and he failed to-day, or will fail soon, or something."

But Laura, preoccupied with looking for the Cresslers, hardly listened. Aunt Wess', whose count was confused by all these figures murmured just behind her, began over again, her lips silently forming the words, "sixty-one, sixty-two, and two is sixty-four." Behind them the voice continued:

"They say Porteous will peg the market at twenty-six."

"Well he ought to. Corn is worth that."

"Never saw such a call for margins in my life. Some of the houses called eight cents."

Page turned to Mrs. Wessels: "By the way, Aunt Wess'; look at that man there by the box office window, the one with his back towards us, the one with his hands in his overcoat pockets. Isn't that Mr. Jadwin? The gentleman we are going to meet to-night. See who I mean?"

"Who? Mr. Jadwin? I don't know. I don't know, child. I never saw him, you know."

"Well I think it is he," continued Page. "He was to be with our party to-night. I heard Mrs. Cressler say she would ask him. That's Mr. Jadwin, I'm sure. He's waiting for them, too."

"Oh, then ask him about it, Page," exclaimed Laura. "We're missing everything."

But Page shook her head:

"I only met him once, ages ago; he wouldn't know me. It was at the Cresslers, and we just said 'How do you do.' And then maybe it isn't Mr. Jadwin."

"Oh, I wouldn't bother, girls," said Mrs. Wessels. "It's all right. They'll be here in a minute. I don't believe the curtain has gone up yet."

But the man of whom they spoke turned around at the moment and cast a glance about the vestibule. They saw a gentleman of an indeterminate age—judged by his face he might as well have been forty as thirty-five. A heavy mustache touched with grey covered his lips. The eyes were twinkling and good-tempered. Between his teeth he held an unlighted cigar.

"It is Mr. Jadwin," murmured Page, looking quickly away. "But he don't recognise me."

Laura also averted her eyes.

"Well, why not go right up to him and introduce ourself, or recall yourself to him?" she hazarded.

"Oh, Laura, I couldn't," gasped Page. "I wouldn't for worlds."

"Couldn't she, Aunt Wess'?" appealed Laura. "Wouldn't it be all right?"

But Mrs. Wessels, ignoring forms and customs, was helpless. Again she withdrew from any responsibility in the matter.

"I don't know anything about it," she answered. "But Page oughtn't to be bold."

"Oh, bother; it isn't that," protested Page. "But it's just because—I don't know, I don't want to—Laura, I should just die," she exclaimed with abrupt irrelevance, "and besides, how would that help any?" she added.

"Well, we're just going to miss it all," declared Laura decisively. There were actual tears in her eyes. "And I had looked forward to it so."

"Well," hazarded Aunt Wess', "you girls can do just as you please. Only I wouldn't be bold."

"Well, would it be bold if Page, or if—if I were to speak to him? We're going to meet him anyways in just a few minutes."

"Better wait, hadn't you, Laura," said Aunt Wess', "and see. Maybe he'll come up and speak to us."

"Oh, as if!" contradicted Laura. "He don't know us,—just as Page says. And if he did, he wouldn't. He wouldn't think it polite."

"Then I guess, girlie, it wouldn't be polite for you."

"I think it would," she answered. "I think it would be a woman's place. If he's a gentleman, he would feel that he just couldn't speak first. I'm going to do it," she announced suddenly.

"Just as you think best, Laura," said her aunt.

But nevertheless Laura did not move, and another five minutes went by.

Page took advantage of the interval to tell Laura about Jadwin. He was very rich, but a bachelor, and had made his money in Chicago real estate. Some of his holdings in the business quarter of the city were enormous; Landry Court had told her about him. Jadwin, unlike Mr. Cressler, was not opposed to speculation. Though not a member of the Board of Trade, he nevertheless at very long intervals took part in a "deal" in wheat, or corn, or provisions. He believed that all corners were doomed to failure, however, and had predicted Helmick's collapse six months ago. He had influence, was well known to all Chicago people, what he said carried weight, financiers consulted him, promoters sought his friendship, his name on the board of directors of a company was an all-sufficing endorsement; in a word, a "strong" man.

"I can't understand," exclaimed Laura distrait, referring to the delay on the part of the Cresslers. "This was the night, and this was the place, and it is long past the time. We could telephone to the house, you know," she said, struck with an idea, "and see if they've started, or what has happened."

"I don't know—I don't know," murmured Mrs. Wessels vaguely. No one seemed ready to act upon Laura's suggestion, and again the minutes passed.

"I'm going," declared Laura again, looking at the other two, as if to demand what they had to say against the idea.

"I just couldn't," declared Page flatly.

"Well," continued Laura, "I'll wait just three minutes more, and then if the Cresslers are not here I will speak to him. It seems to me to be perfectly natural, and not at all bold."

She waited three minutes, and the Cresslers still failing to appear, temporised yet further, for the twentieth time repeating:

"I don't see—I can't understand."

Then, abruptly drawing her cape about her, she crossed the vestibule and came up to Jadwin.

As she approached she saw him catch her eye. Then, as he appeared to understand that this young woman was about to speak to him, she noticed an expression of suspicion, almost of distrust, come into his face. No doubt he knew nothing of this other party who were to join the Cresslers in the vestibule. Why should this girl speak to him? Something had gone wrong, and the instinct of the man, no longer very young, to keep out of strange young women's troubles betrayed itself in the uneasy glance that he shot at her from under his heavy eyebrows. But the look faded as quickly as it had come. Laura guessed that he had decided that in such a place as this he need have no suspicions. He took the cigar from his mouth, and she, immensely relieved, realised that she had to do with a man who was a gentleman. Full of trepidation as she had been in crossing the vestibule, she was quite mistress of herself when the instant came for her to speak, and it was in a steady voice and without embarrassment that she said:

"I beg your pardon, but I believe this is Mr. Jadwin."

He took off his hat, evidently a little nonplussed that she should know his name, and by now she was ready even to browbeat him a little should it be necessary.

"Yes, yes," he answered, now much more confused than she, "my name is Jadwin."

"I believe," continued Laura steadily, "we were all to be in the same party to-night with the Cresslers. But they don't seem to come, and we—my sister and my aunt and I—don't know what to do."

She saw that he was embarrassed, convinced, and the knowledge that she controlled the little situation, that she could command him, restored her all her equanimity.

"My name is Miss Dearborn," she continued. "I believe you know my sister Page."

By some trick of manner she managed to convey to him the impression that if he did not know her sister Page, that if for one instant he should deem her to be bold, he would offer a mortal affront. She had not yet forgiven him that stare of suspicion when first their eyes had met; he should pay her for that yet.

"Miss Page,—your sister,—Miss Page Dearborn? Certainly I know her," he answered. "And you have been waiting, too? What a pity!" And he permitted himself the awkwardness of adding: "I did not know that you were to be of our party."

"No," returned Laura upon the instant, "I did not know you were to be one of us to-night—until Page told me." She accented the pronouns a little, but it was enough for him to know that he had been rebuked. How, he could not just say; and for what it was impossible for him at the moment to determine; and she could see that he began to experience a certain distress, was beating a retreat, was ceding place to her. Who was she, then, this tall and pretty young woman, with the serious, unsmiling face, who was so perfectly at ease, and who hustled him about and made him feel as though he were to blame for the Cresslers' non-appearance; as though it was his fault that she must wait in the draughty vestibule. She had a great air with her; how had he offended her? If he had introduced himself to her, had forced himself upon her, she could not be more lofty, more reserved.

"I thought perhaps you might telephone," she observed.

"They haven't a telephone, unfortunately," he answered.

"Oh!"

This was quite the last slight, the Cresslers had not a telephone! He was to blame for that, too, it seemed. At his wits' end, he entertained for an instant the notion of dashing out into the street in a search for a messenger boy, who would take a note to Cressler and set him right again; and his agitation was not allayed when Laura, in frigid tones, declared:

"It seems to me that something might be done."

"I don't know," he replied helplessly. "I guess there's nothing to be done but just wait. They are sure to be along."

In the background, Page and Mrs. Wessels had watched the interview, and had guessed that Laura was none too gracious. Always anxious that her sister should make a good impression, the little girl was now in great distress.

"Laura is putting on her 'grand manner,'" she lamented. "I just know how she's talking. The man will hate the very sound of her name all the rest of his life." Then all at once she uttered a joyful exclamation: "At last, at last," she cried, "and about time, too!"

The Cresslers and the rest of the party—two young men—had appeared, and Page and her aunt came up just in time to hear Mrs. Cressler—a fine old lady, in a wonderful ermine-trimmed cape, whose hair was powdered—exclaim at the top of her voice, as if the mere declaration of fact was final, absolutely the last word upon the subject, "The bridge was turned!"

The Cresslers lived on the North Side. The incident seemed to be closed with the abruptness of a slammed door.

Page and Aunt Wess' were introduced to Jadwin, who was particular to announce that he remembered the young girl perfectly. The two young men were already acquainted with the Dearborn sisters and Mrs. Wessels. Page and Laura knew one of them well enough to address him familiarly by his Christian name.

This was Landry Court, a young fellow just turned twenty-three, who was "connected with" the staff of the great brokerage firm of Gretry, Converse and Co. He was astonishingly good-looking, small-made, wiry, alert, nervous, debonair, with blond hair and dark eyes that snapped like a terrier's. He made friends almost at first sight, and was one of those fortunate few who were favoured equally of men and women. The healthiness of his eye and skin persuaded to a belief in the healthiness of his mind; and, in fact, Landry was as clean without as within. He was frank, open-hearted, full of fine sentiments and exaltations and enthusiasms. Until he was eighteen he had cherished an ambition to become the President of the United States.

"Yes, yes," he said to Laura, "the bridge was turned. It was an imposition. We had to wait while they let three tows through. I think two at a time is as much as is legal. And we had to wait for three. Yes, sir; three, think of that! I shall look into that to-morrow. Yes, sir; don't you be afraid of that. I'll look into it." He nodded his head with profound seriousness.

"Well," announced Mr. Cressler, marshalling the party, "shall we go in? I'm afraid, Laura, we've missed the overture."

Smiling, she shrugged her shoulders, while they moved to the wicket, as if to say that it could not be helped now.

Cressler, tall, lean, bearded, and stoop-shouldered, belonging to the same physical type that includes Lincoln—the type of the Middle West—was almost a second father to the parentless Dearborn girls. In Massachusetts, thirty years before this time, he had been a farmer, and the miller Dearborn used to grind his grain regularly. The two had been boys together, and had always remained fast friends, almost brothers. Then, in the years just before the War, had come the great movement westward, and Cressler had been one of those to leave an "abandoned" New England farm behind him, and with his family emigrate toward the Mississippi. He had come to Sangamon County in Illinois. For a time he tried wheat-raising, until the War, which skied the prices of all food-stuffs, had made him—for those days—a rich man. Giving up farming, he came to live in Chicago, bought a seat on the Board of Trade, and in a few years was a millionaire. At the time of the Turco-Russian War he and two Milwaukee men had succeeded in cornering all the visible supply of spring wheat. At the end of the thirtieth day of the corner the clique figured out its profits at close upon a million; a week later it looked like a million and a half. Then the three lost their heads; they held the corner just a fraction of a month too long, and when the time came that the three were forced to take profits, they found that they were unable to close out their immense holdings without breaking the price. In two days wheat that they had held at a dollar and ten cents collapsed to sixty. The two Milwaukee men were ruined, and two-thirds of Cressler's immense fortune vanished like a whiff of smoke.

But he had learned his lesson. Never since then had he speculated. Though keeping his seat on the Board, he had confined himself to commission trading, uninfluenced by fluctuations in the market. And he was never wearied of protesting against the evil and the danger of trading in margins. Speculation he abhorred as the small-pox, believing it to be impossible to corner grain by any means or under any circumstances. He was accustomed to say: "It can't be done; first, for the reason that there is a great harvest of wheat somewhere in the world for every month in the year; and, second, because the smart man who runs the corner has every other smart man in the world against him. And, besides, it's wrong; the world's food should not be at the mercy of the Chicago wheat pit."

As the party filed in through the wicket, the other young man who had come with Landry Court managed to place himself next to Laura. Meeting her eyes, he murmured:

"Ah, you did not wear them after all. My poor little flowers."

But she showed him a single American Beauty, pinned to the shoulder of her gown beneath her cape.

"Yes, Mr. Corthell," she answered, "one. I tried to select the prettiest, and I think I succeeded—don't you? It was hard to choose."

"Since you have worn it, it is the prettiest," he answered.

He was a slightly built man of about twenty-eight or thirty; dark, wearing a small, pointed beard, and a mustache that he brushed away from his lips like a Frenchman. By profession he was an artist, devoting himself more especially to the designing of stained windows. In this, his talent was indisputable. But he was by no means dependent upon his profession for a living, his parents—long since dead—having left him to the enjoyment of a very considerable fortune. He had a beautiful studio in the Fine Arts Building, where he held receptions once every two months, or whenever he had a fine piece of glass to expose. He had travelled, read, studied, occasionally written, and in matters pertaining to the colouring and fusing of glass was cited as an authority. He was one of the directors of the new Art Gallery that had taken the place of the old Exposition Building on the Lake Front.

Laura had known him for some little time. On the occasion of her two previous visits to Page he had found means to see her two or three times each week. Once, even, he had asked her to marry him, but she, deep in her studies at the time, consumed with vague ambitions to be a great actress of Shakespearian roles, had told him she could care for nothing but her art. He had smiled and said that he could wait, and, strangely enough, their relations had resumed again upon the former footing. Even after she had gone away they had corresponded regularly, and he had made and sent her a tiny window—a veritable jewel—illustrative of a scene from "Twelfth Night."

In the foyer, as the gentlemen were checking their coats, Laura overheard Jadwin say to Mr. Cressler:

"Well, how about Helmick?"

The other made an impatient movement of his shoulders.

"Ask me, what was the fool thinking of—a corner! Pshaw!"

There were one or two other men about, making their overcoats and opera hats into neat bundles preparatory to checking them; and instantly there was a flash of a half-dozen eyes in the direction of the two men. Evidently the collapse of the Helmick deal was in the air. All the city seemed interested.

But from behind the heavy curtains that draped the entrance to the theatre proper, came a muffled burst of music, followed by a long salvo of applause. Laura's cheeks flamed with impatience, she hurried after Mrs. Cressler; Corthell drew the curtains for her to pass, and she entered.

Inside it was dark, and a prolonged puff of hot air, thick with the mingled odours of flowers, perfume, upholstery, and gas, enveloped her upon the instant. It was the unmistakable, unforgettable, entrancing aroma of the theatre, that she had known only too seldom, but that in a second set her heart galloping.

Every available space seemed to be occupied. Men, even women, were standing up, compacted into a suffocating pressure, and for the moment everybody was applauding vigorously. On all sides Laura heard:

"Bravo!"

"Good, good!"

"Very well done!"

"Encore! Encore!"

Between the peoples' heads and below the low dip of the overhanging balcony—a brilliant glare in the surrounding darkness—she caught a glimpse of the stage. It was set for a garden; at the back and in the distance a chateau; on the left a bower, and on the right a pavilion. Before the footlights, a famous contralto, dressed as a boy, was bowing to the audience, her arms full of flowers.

"Too bad," whispered Corthell to Laura, as they followed the others down the side-aisle to the box. "Too bad, this is the second act already; you've missed the whole first act—and this song. She'll sing it over again, though, just for you, if I have to lead the applause myself. I particularly wanted you to hear that."

Once in the box, the party found itself a little crowded, and Jadwin and Cressler were obliged to stand, in order to see the stage. Although they all spoke in whispers, their arrival was the signal for certain murmurs of "Sh! Sh!" Mrs. Cressler made Laura occupy the front seat. Jadwin took her cloak from her, and she settled herself in her chair and looked about her. She could see but little of the house or audience. All the lights were lowered; only through the gloom the swaying of a multitude of fans, pale coloured, like night-moths balancing in the twilight, defined itself.

But soon she turned towards the stage. The applause died away, and the contralto once more sang the aria. The melody was simple, the tempo easily followed; it was not a very high order of music. But to Laura it was nothing short of a revelation.

She sat spell-bound, her hands clasped tight, her every faculty of attention at its highest pitch. It was wonderful, such music as that; wonderful, such a voice; wonderful, such orchestration; wonderful, such exaltation inspired by mere beauty of sound. Never, never was this night to be forgotten, this her first night of Grand Opera. All this excitement, this world of perfume, of flowers, of exquisite costumes, of beautiful women, of fine, brave men. She looked back with immense pity to the narrow little life of her native town she had just left forever, the restricted horizon, the petty round of petty duties, the rare and barren pleasures—the library, the festival, the few concerts, the trivial plays. How easy it was to be good and noble when music such as this had become a part of one's life; how desirable was wealth when it could make possible such exquisite happiness as hers of the moment. Nobility, purity, courage, sacrifice seemed much more worth while now than a few moments ago. All things not positively unworthy became heroic, all things and all men. Landry Court was a young chevalier, pure as Galahad. Corthell was a beautiful artist-priest of the early Renaissance. Even Jadwin was a merchant prince, a great financial captain. And she herself—ah, she did not know; she dreamed of another Laura, a better, gentler, more beautiful Laura, whom everybody, everybody loved dearly and tenderly, and who loved everybody, and who should die beautifully, gently, in some garden far away—die because of a great love—beautifully, gently in the midst of flowers, die of a broken heart, and all the world should be sorry for her, and would weep over her when they found her dead and beautiful in her garden, amid the flowers and the birds, in some far-off place, where it was always early morning and where there was soft music. And she was so sorry for herself, and so hurt with the sheer strength of her longing to be good and true, and noble and womanly, that as she sat in the front of the Cresslers' box on that marvellous evening, the tears ran down her cheeks again and again, and dropped upon her tight-shut, white-gloved fingers.

"Yes, yes, that's just what it is," continued Page. "See, there's the Rookery, and there's the Constable Building, where Mr. Helmick has his offices. Landry showed me it all one day. And, look back." She raised the flap that covered the little window at the back of the carriage. "See, down there, at the end of the street. There's the Board of Trade Building, where the grain speculating is done,—where the wheat pits and corn pits are."

Laura turned and looked back. On either side of the vista in converging lines stretched the blazing office buildings. But over the end of the street the lead-coloured sky was rifted a little. A long, faint bar of light stretched across the prospect, and silhouetted against this rose a sombre mass, unbroken by any lights, rearing a black and formidable facade against the blur of light behind it.

And this was her last impression of the evening. The lighted office buildings, the murk of rain, the haze of light in the heavens, and raised against it the pile of the Board of Trade Building, black, grave, monolithic, crouching on its foundations, like a monstrous sphinx with blind eyes, silent, grave,—crouching there without a sound, without sign of life under the night and the drifting veil of rain.

II

Laura Dearborn's native town was Barrington, in Worcester County, Massachusetts. Both she and Page had been born there, and there had lived until the death of their father, at a time when Page was ready for the High School. The mother, a North Carolina girl, had died long before.

Laura's education had been unusual. After leaving the High School her father had for four years allowed her a private tutor (an impecunious graduate from the Harvard Theological School). She was ambitious, a devoted student, and her instructor's task was rather to guide than to enforce her application. She soon acquired a reading knowledge of French, and knew her Racine in the original almost as well as her Shakespeare. Literature became for her an actual passion. She delved into Tennyson and the Victorian poets, and soon was on terms of intimacy with the poets and essayists of New England. The novelists of the day she ignored almost completely, and voluntarily. Only occasionally, and then as a concession, she permitted herself a reading of Mr. Howells.

Moderately prosperous while he himself was conducting his little mill, Dearborn had not been able to put by any money to speak of, and when Laura and the local lawyer had come to close up the business, to dispose of the mill, and to settle the claims against what the lawyer grandiloquently termed "the estate," there was just enough money left to pay for Page's tickets to Chicago and a course of tuition for her at a seminary.

The Cresslers on the event of Dearborn's death had advised both sisters to come West, and had pledged themselves to look after Page during the period of her schooling. Laura had sent the little girl on at once, but delayed taking the step herself.

Fortunately, the two sisters were not obliged to live upon their inheritance. Dearborn himself had a sister—a twin of Aunt Wess'—who had married a wealthy woollen merchant of Boston, and this one, long since, had provided for the two girls. A large sum had been set aside, which was to be made over to them when the father died. For years now this sum had been accumulating interest. So that when Laura and Page faced the world, alone, upon the steps of the Barrington cemetery, they had the assurance that, at least, they were independent.

For two years, in the solidly built colonial dwelling, with its low ceilings and ample fireplaces, where once the minute-men had swung their kettles, Laura, alone, thought it all over. Mother and father were dead; even the Boston aunt was dead. Of all her relations, Aunt Wess' alone remained. Page was at her finishing school at Geneva Lake, within two hours of Chicago. The Cresslers were the dearest friends of the orphan girls. Aunt Wess', herself a widow, living also in Chicago, added her entreaties to Mrs. Cressler's. All things seemed to point her westward, all things seemed to indicate that one phase of her life was ended.

Then, too, she had her ambitions. These hardly took definite shape in her mind; but vaguely she chose to see herself, at some far-distant day, an actress, a tragedienne, playing the roles of Shakespeare's heroines. This idea of hers was more a desire than an ambition, but it could not be realised in Barrington, Massachusetts. For a year she temporised, procrastinated, loth to leave the old home, loth to leave the grave in the cemetery back of the Methodist-Episcopal chapel. Twice during this time she visited Page, and each time the great grey city threw the spell of its fascination about her. Each time she returned to Barrington the town dwindled in her estimation. It was picturesque, but lamentably narrow. The life was barren, the "New England spirit" prevailed in all its severity; and this spirit seemed to her a veritable cult, a sort of religion, wherein the Old Maid was the priestess, the Spinster the officiating devotee, the thing worshipped the Great Unbeautiful, and the ritual unremitting, unrelenting Housework. She detested it.

That she was an Episcopalian, and preferred to read her prayers rather than to listen to those written and memorised by the Presbyterian minister, seemed to be regarded as a relic of heathenish rites—a thing almost cannibalistic. When she elected to engage a woman and a "hired man" to manage her house, she felt the disapprobation of the entire village, as if she had sunk into some decadent and enervating Lower-Empire degeneracy.

The crisis came when Laura travelled alone to Boston to hear Modjeska in "Marie Stuart" and "Macbeth," and upon returning full of enthusiasm, allowed it to be understood that she had a half-formed desire of emulating such an example. A group of lady-deaconesses, headed by the Presbyterian minister, called upon her, with some intention of reasoning and labouring with her.

They got no farther than the statement of the cause of this visit. The spirit and temper of the South, that she had from her mother, flamed up in Laura at last, and the members of the "committee," before they were well aware, came to themselves in the street outside the front gate, dazed and bewildered, staring at each other, all confounded and stunned by the violence of an outbreak of long-repressed emotion and long-restrained anger, that like an actual physical force had swept them out of the house.

At the same moment Laura, thrown across her bed, wept with a vehemence that shook her from head to foot. But she had not the least compunction for what she had said, and before the month was out had said good-by to Barrington forever, and was on her way to Chicago, henceforth to be her home.

A house was bought on the North Side, and it was arranged that Aunt Wess' should live with her two nieces. Pending the installation Laura and Page lived at a little family hotel in the same neighbourhood. The Cresslers' invitation to join the theatre party at the Auditorium had fallen inopportunely enough, squarely in the midst of the ordeal of moving in. Indeed the two girls had already passed one night in the new home, and they must dress for the affair by lamplight in their unfurnished quarters and under inconceivable difficulties. Only the lure of Italian opera, heard from a box, could have tempted them to have accepted the invitation at such a time and under such circumstances.

The morning after the opera, Laura woke in her bed—almost the only article of furniture that was in place in the whole house—with the depressing consciousness of a hard day's work at hand. Outside it was still raining, the room was cold, heated only by an inadequate oil stove, and through the slats of the inside shutters, which, pending the hanging of the curtains they had been obliged to close, was filtering a gloomy light of a wet Chicago morning.

It was all very mournful, and she regretted now that she had not abided by her original decision to remain at the hotel until the new house was ready for occupancy. But it had happened that their month at the hotel was just up, and rather than engage the rooms for another four weeks she had thought it easier as well as cheaper to come to the house. It was all a new experience for her, and she had imagined that everything could be moved in, put in place, and the household running smoothly in a week's time.

She sat up in bed, hugging her shoulders against the chill of the room and looking at her theatre gown, that—in default of a clean closet—she had hung from the gas fixture the night before. From the direction of the kitchen came the sounds of the newly engaged "girl" making the fire for breakfast, while through the register a thin wisp of blue smoke curled upward to prove that the "hired man" was tinkering with the unused furnace. The room itself was in lamentable confusion. Crates and packing boxes encumbered the uncarpeted floor; chairs wrapped in excelsior and jute were piled one upon another; a roll of carpet leaned in one corner and a pile of mattresses occupied another.

As Laura considered the prospect she realised her blunder.

"Why, and oh, why," she murmured, "didn't we stay at the hotel till all this was straightened out?"

But in an adjoining room she heard Aunt Wess' stirring. She turned to Page, who upon the pillows beside her still slept, her stocking around her neck as a guarantee against draughts.

"Page, Page! Wake up, girlie. It's late, and there's worlds to do."

Page woke blinking.

"Oh, it's freezing cold, Laura. Let's light the oil stove and stay in bed till the room gets warm. Oh, dear, aren't you sleepy, and, oh, wasn't last night lovely? Which one of us will get up to light the stove? We'll count for it. Lie down, sissie, dear," she begged, "you're letting all the cold air in."

Laura complied, and the two sisters, their noses all but touching, the bedclothes up to their ears, put their arms about each other to keep the warmer.

Amused at the foolishness, they "counted" to decide as to who should get up to light the oil stove, Page beginning:

"Eeny—meeny—myny—mo—"

But before the "count" was decided Aunt Wess' came in, already dressed, and in a breath the two girls implored her to light the stove. While she did so, Aunt Wess' remarked, with the alacrity of a woman who observes the difficulties of a proceeding in which she has no faith:

"I don't believe that hired girl knows her business. She says now she can't light a fire in that stove. My word, Laura, I do believe you'll have enough of all this before you're done. You know I advised you from the very first to take a flat."

"Nonsense, Aunt Wess'," answered Laura, good-naturedly. "We'll work it out all right. I know what's the matter with that range. I'll be right down and see to it so soon as I'm dressed."

It was nearly ten o'clock before breakfast, such as it was, was over. They ate it on the kitchen table, with the kitchen knives and forks, and over the meal, Page having remarked: "Well, what will we do first?" discussed the plan of campaign.

"Landry Court does not have to work to-day—he told me why, but I've forgotten—and he said he was coming up to help," observed Laura, and at once Aunt Wess' smiled. Landry Court was openly and strenuously in love with Laura, and no one of the new household ignored the fact. Aunt Wess' chose to consider the affair as ridiculous, and whenever the subject was mentioned spoke of Landry as "that boy."

Page, however, bridled with seriousness as often as the matter came up. Yes, that was all very well, but Landry was a decent, hard-working young fellow, with all his way to make and no time to waste, and if Laura didn't mean that it should come to anything it wasn't very fair to him to keep him dangling along like that.

"I guess," Laura was accustomed to reply, looking significantly at Aunt Wess', "that our little girlie has a little bit of an eye on a certain hard-working young fellow herself." And the answer invariably roused Page.

"Now, Laura," she would cry, her eyes snapping, her breath coming fast. "Now, Laura, that isn't right at all, and you know I don't like it, and you just say it because you know it makes me cross. I won't have you insinuate that I would run after any man or care in the least whether he's in love or not. I just guess I've got some self-respect; and as for Landry Court, we're no more nor less than just good friends, and I appreciate his business talents and the way he rustles 'round, and he merely respects me as a friend, and it don't go any farther than that. 'An eye on him,' I do declare! As if I hadn't yet to see the man I'd so much as look at a second time."

And Laura, remembering her "Shakespeare," was ever ready with the words:

"The lady doth protest too much, methinks."

Just after breakfast, in fact, Landry did appear.

"Now," he began, with a long breath, addressing Laura, who was unwrapping the pieces of cut glass and bureau ornaments as Page passed them to her from the depths of a crate. "Now, I've done a lot already. That's what made me late. I've ordered your newspaper sent here, and I've telephoned the hotel to forward any mail that comes for you to this address, and I sent word to the gas company to have your gas turned on—"

"Oh, that's good," said Laura.

"Yes, I thought of that; the man will be up right away to fix it, and I've ordered a cake of ice left here every day, and told the telephone company that you wanted a telephone put in. Oh, yes, and the bottled-milk man—I stopped in at a dairy on the way up. Now, what do we do first?"

He took off his coat, rolled up his shirt sleeves, and plunged into the confusion of crates and boxes that congested the rooms and hallways on the first floor of the house. The two sisters could hear him attacking his task with tremendous blows of the kitchen hammer. From time to time he called up the stairway:

"Hey, what do you want done with this jardiniere thing? … Where does this hanging lamp go, Laura?"

Laura, having unpacked all the cut-glass ornaments, came down-stairs, and she and Landry set about hanging the parlour curtains.

Landry fixed the tops of the window mouldings with a piercing eye, his arms folded.

"I see, I see," he answered to Laura's explanations. "I see. Now where's a screw-driver, and a step-ladder? Yes, and I'll have to have some brass nails, and your hired man must let me have that hammer again."

He sent the cook after the screw-driver, called the hired man from the furnace, shouted upstairs to Page to ask for the whereabouts of the brass nails, and delegated Laura to steady the step-ladder.

"Now, Landry," directed Laura, "those rods want to be about three inches from the top."

"Well," he said, climbing up, "I'll mark the place with the screw and you tell me if it is right."

She stepped back, her head to one side.

"No; higher, Landry. There, that's about it—or a little lower—so. That's just right. Come down now and help me put the hooks in."

They pulled a number of sofa cushions together and sat down on the floor side by side, Landry snapping the hooks in place where Laura had gathered the pleats. Inevitably his hands touched hers, and their heads drew close together. Page and Mrs. Wessels were unpacking linen in the upstairs hall. The cook and hired man raised a great noise of clanking stove lids and grates as they wrestled with the range in the kitchen.

"Well," said Landry, "you are going to have a pretty home." He was meditating a phrase of which he purposed delivering himself when opportunity afforded. It had to do with Laura's eyes, and her ability of understanding him. She understood him; she was to know that he thought so, that it was of immense importance to him. It was thus he conceived of the manner of love making. The evening before that palavering artist seemed to have managed to monopolise her about all of the time. Now it was his turn, and this day of household affairs, of little domestic commotions, appeared to him to be infinitely more desirous than the pomp and formality of evening dress and opera boxes. This morning the relations between himself and Laura seemed charming, intimate, unconventional, and full of opportunities. Never had she appeared prettier to him. She wore a little pink flannel dressing-sack with full sleeves, and her hair, carelessly twisted into great piles, was in a beautiful disarray, curling about her cheeks and ears. "I didn't see anything of you at all last night," he grumbled.

"Well, you didn't try."

"Oh, it was the Other Fellow's turn," he went on. "Say," he added, "how often are you going to let me come to see you when you get settled here? Twice a week—three times?"

"As if you wanted to see me as often as that. Why, Landry, I'm growing up to be an old maid. You can't want to lose your time calling on old maids."

He was voluble in protestations. He was tired of young girls. They were all very well to dance with, but when a man got too old for that sort of thing, he wanted some one with sense to talk to. Yes, he did. Some one with sense. Why, he would rather talk five minutes with her—

"Honestly, Landry?" she asked, as though he were telling a thing incredible.

He swore to her it was true. His eyes snapped. He struck his palm with his fist.

"An old maid like me?" repeated Laura.

"Old maid nothing!" he vociferated. "Ah," he cried, "you seem to understand me. When I look at you, straight into your eyes—"

From the doorway the cook announced that the man with the last load of furnace coal had come, and handed Laura the voucher to sign. Then needs must that Laura go with the cook to see if the range was finally and properly adjusted, and while she was gone the man from the gas company called to turn on the meter, and Landry was obliged to look after him. It was half an hour before he and Laura could once more settle themselves on the cushions in the parlour.

"Such a lot of things to do," she said; "and you are such a help, Landry. It was so dear of you to want to come."

"I would do anything in the world for you, Laura," he exclaimed, encouraged by her words; "anything. You know I would. It isn't so much that I want you to care for me—and I guess I want that bad enough—but it's because I love to be with you, and be helping you, and all that sort of thing. Now, all this," he waved a hand at the confusion of furniture, "all this to-day—I just feel," he declared with tremendous earnestness, "I just feel as though I were entering into your life. And just sitting here beside you and putting in these curtain hooks, I want you to know that it's inspiring to me. Yes, it is, inspiring; it's elevating. You don't know how it makes a man feel to have the companionship of a good and lovely woman."

"Landry, as though I were all that. Here, put another hook in here."

She held the fold towards him. But he took her hand as their fingers touched and raised it to his lips and kissed it. She did not withdraw it, nor rebuke him, crying out instead, as though occupied with quite another matter:

"Landry, careful, my dear boy; you'll make me prick my fingers. Ah—there, you did."

He was all commiseration and self-reproach at once, and turned her hand palm upwards, looking for the scratch.

"Um!" she breathed. "It hurts."

"Where now," he cried, "where was it? Ah, I was a beast; I'm so ashamed." She indicated a spot on her wrist instead of her fingers, and very naturally Landry kissed it again.

"How foolish!" she remonstrated. "The idea! As if I wasn't old enough to be—"

"You're not so old but what you're going to marry me some day," he declared.

"How perfectly silly, Landry!" she retorted. "Aren't you done with my hand yet?"

"No, indeed," he cried, his clasp tightening over her fingers. "It's mine. You can't have it till I say—or till you say that—some day—you'll give it to me for good—for better or for worse."

"As if you really meant that," she said, willing to prolong the little situation. It was very sweet to have this clean, fine-fibred young boy so earnestly in love with her, very sweet that the lifting of her finger, the mere tremble of her eyelid should so perturb him.

"Mean it! Mean it!" he vociferated. "You don't know how much I do mean it. Why, Laura, why—why, I can't think of anything else."

"You!" she mocked. "As if I believed that. How many other girls have you said it to this year?"

Landry compressed his lips.

"Miss Dearborn, you insult me."

"Oh, my!" exclaimed Laura, at last withdrawing her hand.

"And now you're mocking me. It isn't kind. No, it isn't; it isn't kind."

"I never answered your question yet," she observed.

"What question?"

"About your coming to see me when we were settled. I thought you wanted to know."

"How about lunch?" said Page, from the doorway. "Do you know it's after twelve?"

"The girl has got something for us," said Laura. "I told her about it. Oh, just a pick-up lunch—coffee, chops. I thought we wouldn't bother to-day. We'll have to eat in the kitchen."

"Well, let's be about it," declared Landry, "and finish with these curtains afterward. Inwardly I'm a ravening wolf."

It was past one o'clock by the time that luncheon, "picked up" though it was, was over. By then everybody was very tired. Aunt Wess' exclaimed that she could not stand another minute, and retired to her room. Page, indefatigable, declaring they never would get settled if they let things dawdle along, set to work unpacking her trunk and putting her clothes away. Her fox terrier, whom the family, for obscure reasons, called the Pig, arrived in the middle of the afternoon in a crate, and shivering with the chill of the house, was tied up behind the kitchen range, where, for all the heat, he still trembled and shuddered at long intervals, his head down, his eyes rolled up, bewildered and discountenanced by so much confusion and so many new faces.

Outside the weather continued lamentable. The rain beat down steadily upon the heaps of snow on the grass-plats by the curbstones, melting it, dirtying it, and reducing it to viscid slush. The sky was lead grey; the trees, bare and black as though built of iron and wire, dripped incessantly. The sparrows, huddling under the house-eaves or in interstices of the mouldings, chirped feebly from time to time, sitting disconsolate, their feathers puffed out till their bodies assumed globular shapes. Delivery wagons trundled up and down the street at intervals, the horses and drivers housed in oil-skins.

The neighborhood was quiet. There was no sound of voices in the streets. But occasionally, from far away in the direction of the river or the Lake Front, came the faint sounds of steamer and tug whistles. The sidewalks in either direction were deserted. Only a solitary policeman, his star pinned to the outside of his dripping rubber coat, his helmet shedding rivulets, stood on the corner absorbed in the contemplation of the brown torrent of the gutter plunging into a sewer vent.

Landry and Laura were in the library at the rear of the house, a small room, two sides of which were occupied with book-cases. They were busy putting the books in place. Laura stood half-way up the step-ladder taking volume after volume from Landry as he passed them to her.

"Do you wipe them carefully, Landry?" she asked.

He held a strip of cloth torn from an old sheet in his hand, and rubbed the dust from each book before he handed it to her.

"Yes, yes; very carefully," he assured her. "Say," he added, "where are all your modern novels? You've got Scott and Dickens and Thackeray, of course, and Eliot—yes, and here's Hawthorne and Poe. But I haven't struck anything later than Oliver Wendell Holmes."

Laura put up her chin. "Modern novels—no indeed. When I've yet to read 'Jane Eyre,' and have only read 'Ivanhoe' and 'The Newcomes' once."

She made a point of the fact that her taste was the extreme of conservatism, refusing to acknowledge hardly any fiction that was not almost classic. Even Stevenson aroused her suspicions.

"Well, here's 'The Wrecker,'" observed Landry, handing it up to her. "I read it last summer-vacation at Waukesha. Just about took the top of my head off."

"I tried to read it," she answered. "Such an outlandish story, no love story in it, and so coarse, so brutal, and then so improbable. I couldn't get interested."

But abruptly Landry uttered an exclamation:

"Well, what do you call this? 'Wanda,' by Ouida. How is this for modern?"

She blushed to her hair, snatching the book from him.

"Page brought it home. It's hers."

But her confusion betrayed her, and Landry shouted derisively.

"Well, I did read it then," she suddenly declared defiantly. "No, I'm not ashamed. Yes, I read it from cover to cover. It made me cry like I haven't cried over a book since I was a little tot. You can say what you like, but it's beautiful—a beautiful love story—and it does tell about noble, unselfish people. I suppose it has its faults, but it makes you feel better for reading it, and that's what all your 'Wreckers' in the world would never do."

"Well," answered Landry, "I don't know much about that sort of thing. Corthell does. He can talk you blind about literature. I've heard him run on by the hour. He says the novel of the future is going to be the novel without a love story."

But Laura nodded her head incredulously.

"It will be long after I am dead—that's one consolation," she said.

"Corthell is full of crazy ideas anyhow," Landry went on, still continuing to pass the books up to her. "He's a good sort, and I like him well enough, but he's the kind of man that gets up a reputation for being clever and artistic by running down the very one particular thing that every one likes, and cracking up some book or picture or play that no one has ever heard of. Just let anything get popular once and Sheldon Corthell can't speak of it without shuddering. But he'll go over here to some Archer Avenue pawn shop, dig up an old brass stewpan, or coffee-pot that some greasy old Russian Jew has chucked away, and he'll stick it up in his studio and regularly kow-tow to it, and talk about the 'decadence of American industrial arts.' I've heard him. I say it's pure affectation, that's what it is, pure affectation."

But the book-case meanwhile had been filling up, and now Laura remarked:

"No more, Landry. That's all that will go here."

She prepared to descend from the ladder. In filling the higher shelves she had mounted almost to the topmost step.

"Careful now," said Landry, as he came forward. "Give me your hand."

She gave it to him, and then, as she descended, Landry had the assurance to put his arm around her waist as if to steady her. He was surprised at his own audacity, for he had premeditated nothing, and his arm was about her before he was well aware. He yet found time to experience a qualm of apprehension. Just how would Laura take it? Had he gone too far?

But Laura did not even seem to notice, all her attention apparently fixed upon coming safely down to the floor. She descended and shook out her skirts.

"There," she said, "that's over with. Look, I'm all dusty."

There was a knock at the half-open door. It was the cook.

"What are you going to have for supper, Miss Dearborn?" she inquired. "There's nothing in the house."

"Oh, dear," said Laura with sudden blankness, "I never thought of supper. Isn't there anything?"

"Nothing but some eggs and coffee." The cook assumed an air of aloofness, as if the entire affair were totally foreign to any interest or concern of hers. Laura dismissed her, saying that she would see to it.

"We'll have to go out and get some things," she said. "We'll all go. I'm tired of staying in the house."

"No, I've a better scheme," announced Landry. "I'll invite you all out to dine with me. I know a place where you can get the best steak in America. It has stopped raining. See," he showed her the window.

"But, Landry, we are all so dirty and miserable."

"We'll go right now and get there early. There will be nobody there, and we can have a room to ourselves. Oh, it's all right," he declared. "You just trust me."

"We'll see what Page and Aunt Wess' say. Of course Aunt Wess' would have to come."

"Of course," he said. "I wouldn't think of asking you unless she could come."

A little later the two sisters, Mrs. Wessels, and Landry came out of the house, but before taking their car they crossed to the opposite side of the street, Laura having said that she wanted to note the effect of her parlour curtains from the outside.

"I think they are looped up just far enough," she declared. But Landry was observing the house itself.

"It is the best-looking place on the block," he answered.

In fact, the house was not without a certain attractiveness. It occupied a corner lot at the intersection of Huron and North State streets. Directly opposite was St. James' Church, and at one time the house had served as the rectory. For the matter of that, it had been built for just that purpose. Its style of architecture was distantly ecclesiastic, with a suggestion of Gothic to some of the doors and windows. The material used was solid, massive, the walls thick, the foundation heavy. It did not occupy the entire lot, the original builder seeming to have preferred garden space to mere amplitude of construction, and in addition to the inevitable "back yard," a lawn bordered it on three sides. It gave the place a certain air of distinction and exclusiveness. Vines grew thick upon the southern walls; in the summer time fuchsias, geraniums, and pansies would flourish in the flower beds by the front stoop. The grass plat by the curb boasted a couple of trees. The whole place was distinctive, individual, and very homelike, and came as a grateful relief to the endless lines of houses built of yellow Michigan limestone that pervaded the rest of the neighbourhood in every direction.

"I love the place," exclaimed Laura. "I think it's as pretty a house as I have seen in Chicago."

"Well, it isn't so spick and span," commented Page. "It gives you the idea that we're not new-rich and showy and all."

Her first aversion to the Great Grey City was fast disappearing. She saw it now in a kindlier aspect.

"I think," she said at last, as she still knelt before the fire, looking deep into the coals, absorbed, abstracted, "I think that I am going to be very happy here."

III

On a certain Monday morning, about a month later, Curtis Jadwin descended from his office in the Rookery Building, and turning southward, took his way toward the brokerage and commission office of Gretry, Converse and Co., on the ground floor of the Board of Trade Building, only a few steps away.

It was about nine o'clock; the weather was mild, the sun shone. La Salle Street swarmed with the multitudinous life that seethed about the doors of the innumerable offices of brokers and commission men of the neighbourhood. To the right, in the peristyle of the Illinois Trust Building, groups of clerks, of messengers, of brokers, of clients, and of depositors formed and broke incessantly. To the left, where the facade of the Board of Trade blocked the street, the activity was astonishing, and in and out of the swing doors of its entrance streamed an incessant tide of coming and going. All the life of the neighbourhood seemed to centre at this point—the entrance of the Board of Trade. Two currents that trended swiftly through La Salle and Jackson streets, and that fed, or were fed by, other tributaries that poured in through Fifth Avenue and through Clarke and Dearborn streets, met at this point—one setting in, the other out. The nearer the currents the greater their speed. Men—mere flotsam in the flood—as they turned into La Salle Street from Adams or from Monroe, or even from as far as Madison, seemed to accelerate their pace as they approached. At the Illinois Trust the walk became a stride, at the Rookery the stride was almost a trot. But at the corner of Jackson Street, the Board of Trade now merely the width of the street away, the trot became a run, and young men and boys, under the pretence of escaping the trucks and wagons of the cobbles, dashed across at a veritable gallop, flung themselves panting into the entrance of the Board, were engulfed in the turmoil of the spot, and disappeared with a sudden fillip into the gloom of the interior.

Often Jadwin had noted the scene, and, unimaginative though he was, had long since conceived the notion of some great, some resistless force within the Board of Trade Building that held the tide of the streets within its grip, alternately drawing it in and throwing it forth. Within there, a great whirlpool, a pit of roaring waters spun and thundered, sucking in the life tides of the city, sucking them in as into the mouth of some tremendous cloaca, the maw of some colossal sewer; then vomiting them forth again, spewing them up and out, only to catch them in the return eddy and suck them in afresh.

Thus it went, day after day. Endlessly, ceaselessly the Pit, enormous, thundering, sucked in and spewed out, sending the swirl of its mighty central eddy far out through the city's channels. Terrible at the centre, it was, at the circumference, gentle, insidious and persuasive, the send of the flowing so mild, that to embark upon it, yielding to the influence, was a pleasure that seemed all devoid of risk. But the circumference was not bounded by the city. All through the Northwest, all through the central world of the Wheat the set and whirl of that innermost Pit made itself felt; and it spread and spread and spread till grain in the elevators of Western Iowa moved and stirred and answered to its centripetal force, and men upon the streets of New York felt the mysterious tugging of its undertow engage their feet, embrace their bodies, overwhelm them, and carry them bewildered and unresisting back and downwards to the Pit itself.

Nor was the Pit's centrifugal power any less. Because of some sudden eddy spinning outward from the middle of its turmoil, a dozen bourses of continental Europe clamoured with panic, a dozen Old-World banks, firm as the established hills, trembled and vibrated. Because of an unexpected caprice in the swirling of the inner current, some far-distant channel suddenly dried, and the pinch of famine made itself felt among the vine dressers of Northern Italy, the coal miners of Western Prussia. Or another channel filled, and the starved moujik of the steppes, and the hunger-shrunken coolie of the Ganges' watershed fed suddenly fat and made thank offerings before ikon and idol.

There in the centre of the Nation, midmost of that continent that lay between the oceans of the New World and the Old, in the heart's heart of the affairs of men, roared and rumbled the Pit. It was as if the Wheat, Nourisher of the Nations, as it rolled gigantic and majestic in a vast flood from West to East, here, like a Niagara, finding its flow impeded, burst suddenly into the appalling fury of the Maelstrom, into the chaotic spasm of a world-force, a primeval energy, blood-brother of the earthquake and the glacier, raging and wrathful that its power should be braved by some pinch of human spawn that dared raise barriers across its courses.

Small wonder that Cressler laughed at the thought of cornering wheat, and even now as Jadwin crossed Jackson Street, on his way to his broker's office on the lower floor of the Board of Trade Building, he noted the ebb and flow that issued from its doors, and remembered the huge river of wheat that rolled through this place from the farms of Iowa and ranches of Dakota to the mills and bakeshops of Europe.

"There's something, perhaps, in what Charlie says," he said to himself. "Corner this stuff—my God!"

Gretry, Converse & Co. was the name of the brokerage firm that always handled Jadwin's rare speculative ventures. Converse was dead long since, but the firm still retained its original name. The house was as old and as well established as any on the Board of Trade. It had a reputation for conservatism, and was known more as a Bear than a Bull concern. It was immensely wealthy and immensely important. It discouraged the growth of a clientele of country customers, of small adventurers, knowing well that these were the first to go in a crash, unable to meet margin calls, and leaving to their brokers the responsibility of their disastrous trades. The large, powerful Bears were its friends, the Bears strong of grip, tenacious of jaw, capable of pulling down the strongest Bull. Thus the firm had no consideration for the "outsiders," the "public"—the Lambs. The Lambs! Such a herd, timid, innocent, feeble, as much out of place in La Salle Street as a puppy in a cage of panthers; the Lambs, whom Bull and Bear did not so much as condescend to notice, but who, in their mutual struggle of horn and claw, they crushed to death by the mere rolling of their bodies.

Jadwin did not go directly into Gretry's main office, but instead made his way in at the entrance of the Board of Trade Building, and going on past the stairways that on either hand led up to the "Floor" on the second story, entered the corridor beyond, and thence gained the customers' room of Gretry, Converse & Co. All the more important brokerage firms had offices on the ground floor of the building, offices that had two entrances, one giving upon the street, and one upon the corridor of the Board. Generally the corridor entrance admitted directly to the firm's customers' room. This was the case with the Gretry-Converse house.

Once in the customers' room, Jadwin paused, looking about him.

He could not tell why Gretry had so earnestly desired him to come to his office that morning, but he wanted to know how wheat was selling before talking to the broker. The room was large, and but for the lighted gas, burning crudely without globes, would have been dark. All one wall opposite the door was taken up by a great blackboard covered with chalked figures in columns, and illuminated by a row of overhead gas jets burning under a tin reflector. Before this board files of chairs were placed, and these were occupied by groups of nondescripts, shabbily dressed men, young and old, with tired eyes and unhealthy complexions, who smoked and expectorated, or engaged in interminable conversations.

In front of the blackboard, upon a platform, a young man in shirt-sleeves, his cuffs caught up by metal clamps, walked up and down. Screwed to the blackboard itself was a telegraph instrument, and from time to time, as this buzzed and ticked, the young man chalked up cabalistic, and almost illegible figures under columns headed by initials of certain stocks and bonds, or by the words "Pork," "Oats," or, larger than all the others, "May Wheat." The air of the room was stale, close, and heavy with tobacco fumes. The only noises were the low hum of conversations, the unsteady click of the telegraph key, and the tapping of the chalk in the marker's fingers.

But no one in the room seemed to pay the least attention to the blackboard. One quotation replaced another, and the key and the chalk clicked and tapped incessantly. The occupants of the room, sunk in their chairs, seemed to give no heed; some even turned their backs; one, his handkerchief over his knee, adjusted his spectacles, and opening a newspaper two days old, began to read with peering deliberation, his lips forming each word. These nondescripts gathered there, they knew not why. Every day found them in the same place, always with the same fetid, unlighted cigars, always with the same frayed newspapers two days old. There they sat, inert, stupid, their decaying senses hypnotised and soothed by the sound of the distant rumble of the Pit, that came through the ceiling from the floor of the Board overhead.

One of these figures, that of a very old man, blear-eyed, decrepit, dirty, in a battered top hat and faded frock coat, discoloured and weather-stained at the shoulders, seemed familiar to Jadwin. It recalled some ancient association, he could not say what. But he was unable to see the old man's face distinctly; the light was bad, and he sat with his face turned from him, eating a sandwich, which he held in a trembling hand.

Jadwin, having noted that wheat was selling at 94, went away, glad to be out of the depressing atmosphere of the room.

Gretry was in his office, and Jadwin was admitted at once. He sat down in a chair by the broker's desk, and for the moment the two talked of trivialities. Gretry was a large, placid, smooth-faced man, stolid as an ox; inevitably dressed in blue serge, a quill tooth-pick behind his ear, a Grand Army button in his lapel. He and Jadwin were intimates. The two had come to Chicago almost simultaneously, and had risen together to become the wealthy men they were at the moment. They belonged to the same club, lunched together every day at Kinsley's, and took each other driving behind their respective trotters on alternate Saturday afternoons. In the middle of summer each stole a fortnight from his business, and went fishing at Geneva Lake in Wisconsin.

"I say," Jadwin observed, "I saw an old fellow outside in your customers' room just now that put me in mind of Hargus. You remember that deal of his, the one he tried to swing before he died. Oh—how long ago was that? Bless my soul, that must have been fifteen, yes twenty years ago."

The deal of which Jadwin spoke was the legendary operation of the Board of Trade—a mammoth corner in September wheat, manipulated by this same Hargus, a millionaire, who had tripled his fortune by the corner, and had lost it by some chicanery on the part of his associate before another year. He had run wheat up to nearly two dollars, had been in his day a king all-powerful. Since then all deals had been spoken of in terms of the Hargus affair. Speculators said, "It was almost as bad as the Hargus deal." "It was like the Hargus smash." "It was as big a thing as the Hargus corner." Hargus had become a sort of creature of legends, mythical, heroic, transfigured in the glory of his millions.

"Easily twenty years ago," continued Jadwin. "If Hargus could come to life now, he'd be surprised at the difference in the way we do business these days. Twenty years. Yes, it's all of that. I declare, Sam, we're getting old, aren't we?"

"I guess that was Hargus you saw out there," answered the broker. "He's not dead. Old fellow in a stove-pipe and greasy frock coat? Yes, that's Hargus."

"What!" exclaimed Jadwin. "That Hargus?"

"Of course it was. He comes 'round every day. The clerks give him a dollar every now and then."

"And he's not dead? And that was Hargus, that wretched, broken—whew! I don't want to think of it, Sam!" And Jadwin, taken all aback, sat for a moment speechless.

"Yes, sir," muttered the broker grimly, "that was Hargus."

There was a long silence. Then at last Gretry exclaimed briskly:

"Well, here's what I want to see you about."

He lowered his voice: "You know I've got a correspondent or two at Paris—all the brokers have—and we make no secret as to who they are. But I've had an extra man at work over there for the last six months, very much on the quiet. I don't mind telling you this much—that he's not the least important member of the United States Legation. Well, now and then he is supposed to send me what the reporters call "exclusive news"—that's what I feed him for, and I could run a private steam yacht on what it costs me. But news I get from him is a day or so in advance of everybody else. He hasn't sent me anything very important till this morning. This here just came in."

He picked up a despatch from his desk and read:

"'Utica—headquarters—modification—organic—concomitant—within one month,' which means," he added, "this. I've just deciphered it," and he handed Jadwin a slip of paper on which was written:

"Bill providing for heavy import duties on foreign grains certain to be introduced in French Chamber of Deputies within one month."

"Have you got it?" he demanded of Jadwin, as he took the slip back. "Won't forget it?" He twisted the paper into a roll and burned it carefully in the office cuspidor.

"Now," he remarked, "do you come in? It's just the two of us, J., and I think we can make that Porteous clique look very sick."

"Hum!" murmured Jadwin surprised. "That does give you a twist on the situation. But to tell the truth, Sam, I had sort of made up my mind to keep out of speculation since my last little deal. A man gets into this game, and into it, and into it, and before you know he can't pull out—and he don't want to. Next he gets his nose scratched, and he hits back to make up for it, and just hits into the air and loses his balance—and down he goes. I don't want to make any more money, Sam. I've got my little pile, and before I get too old I want to have some fun out of it."

"But lord love you, J.," objected the other, "this ain't speculation. You can see for yourself how sure it is. I'm not a baby at this business, am I? You'll let me know something of this game, won't you? And I tell you, J., it's found money. The man that sells wheat short on the strength of this has as good as got the money in his vest pocket already. Oh, nonsense, of course you'll come in. I've been laying for that Bull gang since long before the Helmick failure, and now I've got it right where I want it. Look here, J., you aren't the man to throw money away. You'd buy a business block if you knew you could sell it over again at a profit. Now here's the chance to make really a fine Bear deal. Why, as soon as this news gets on the floor there, the price will bust right down, and down, and down. Porteous and his crowd couldn't keep it up to save 'em from the receiver's hand one single minute."

"I know, Sam," answered Jadwin, "and the trouble is, not that I don't want to speculate, but that I do—too much. That's why I said I'd keep out of it. It isn't so much the money as the fun of playing the game. With half a show, I would get in a little more and a little more, till by and by I'd try to throw a big thing, and instead, the big thing would throw me. Why, Sam, when you told me that that wreck out there mumbling a sandwich was Hargus, it made me turn cold."

"Yes, in your feet," retorted Gretry. "I'm not asking you to risk all your money, am I, or a fifth of it, or a twentieth of it? Don't be an ass, J. Are we a conservative house, or aren't we? Do I talk like this when I'm not sure? Look here. Let me sell a million bushels for you. Yes, I know it's a bigger order than I've handled for you before. But this time I want to go right into it, head down and heels up, and get a twist on those Porteous buckoes, and raise 'em right out of their boots. We get a crop report this morning, and if the visible supply is as large as I think it is, the price will go off and unsettle the whole market. I'll sell short for you at the best figures we can get, and you can cover on the slump any time between now and the end of May."

Jadwin hesitated. In spite of himself he felt a Chance had come. Again that strange sixth sense of his, the inexplicable instinct, that only the born speculator knows, warned him. Every now and then during the course of his business career, this intuition came to him, this flair, this intangible, vague premonition, this presentiment that he must seize Opportunity or else Fortune, that so long had stayed at his elbow, would desert him. In the air about him he seemed to feel an influence, a sudden new element, the presence of a new force. It was Luck, the great power, the great goddess, and all at once it had stooped from out the invisible, and just over his head passed swiftly in a rush of glittering wings.

"The thing would have to be handled like glass," observed the broker thoughtfully, his eyes narrowing "A tip like this is public property in twenty-four hours, and it don't give us any too much time. I don't want to break the price by unloading a million or more bushels on 'em all of a sudden. I'll scatter the orders pretty evenly. You see," he added, "here's a big point in our favor. We'll be able to sell on a strong market. The Pit traders have got some crazy war rumour going, and they're as flighty over it as a young ladies' seminary over a great big rat. And even without that, the market is top-heavy. Porteous makes me weary. He and his gang have been bucking it up till we've got an abnormal price. Ninety-four for May wheat! Why, it's ridiculous. Ought to be selling way down in the eighties. The least little jolt would tip her over. Well," he said abruptly, squaring himself at Jadwin, "do we come in? If that same luck of yours is still in working order, here's your chance, J., to make a killing. There's just that gilt-edged, full-morocco chance that a report of big 'visible' would give us."

Jadwin laughed. "Sam," he said, "I'll flip a coin for it."

"Oh, get out," protested the broker; then suddenly—the gambling instinct that a lifetime passed in that place had cultivated in him—exclaimed:

"All right. Flip a coin. But give me your word you'll stay by it. Heads you come in; tails you don't. Will you give me your word?"

"Oh, I don't know about that," replied Jadwin, amused at the foolishness of the whole proceeding. But as he balanced the half-dollar on his thumb-nail, he was all at once absolutely assured that it would fall heads. He flipped it in the air, and even as he watched it spin, said to himself, "It will come heads. It could not possibly be anything else. I know it will be heads."

And as a matter of course the coin fell heads.

"All right," he said, "I'll come in."

"For a million bushels?"

"Yes—for a million. How much in margins will you want?"

Gretry figured a moment on the back of an envelope.

"Fifty thousand dollars," he announced at length.

Jadwin wrote the check on a corner of the broker's desk, and held it a moment before him.

"Good-bye," he said, apostrophising the bit of paper. "Good-bye. I ne'er shall look upon your like again."

Gretry did not laugh.

"Huh!" he grunted. "You'll look upon a hatful of them before the month is out."

That same morning Landry Court found himself in the corridor on the ground floor of the Board of Trade about nine o'clock. He had just come out of the office of Gretry, Converse & Co., where he and the other Pit traders for the house had been receiving their orders for the day.

As he was buying a couple of apples at the news stand at the end of the corridor, Semple and a young Jew named Hirsch, Pit traders for small firms in La Salle Street, joined him.

"Hello, Court, what do you know?"

"Hello, Barry Semple! Hello, Hirsch!" Landry offered the halves of his second apple, and the three stood there a moment, near the foot of the stairs, talking and eating their apples from the points of their penknives.

"I feel sort of seedy this morning," Semple observed between mouthfuls. "Was up late last night at a stag. A friend of mine just got back from Europe, and some of the boys were giving him a little dinner. He was all over the shop, this friend of mine; spent most of his time in Constantinople; had some kind of newspaper business there. It seems that it's a pretty crazy proposition, Turkey and the Sultan and all that. He said that there was nearly a row over the 'Higgins-Pasha' incident, and that the British agent put it pretty straight to the Sultan's secretary. My friend said Constantinople put him in mind of a lot of opera bouffe scenery that had got spilled out in the mud. Say, Court, he said the streets were dirtier than the Chicago streets."

"Oh, come now," said Hirsch.

"Fact! And the dogs! He told us he knows now where all the yellow dogs go to when they die."

"But say," remarked Hirsch, "what is that about the Higgins-Pasha business? I thought that was over long ago."

"Oh, it is," answered Semple easily. He looked at his watch. "I guess it's about time to go up, pretty near half-past nine."

The three mounted the stairs, mingling with the groups of floor traders who, in steadily increasing numbers, had begun to move in the same direction. But on the way Hirsch was stopped by his brother.

"Hey, I got that box of cigars for you."

Hirsch paused. "Oh! All right," he said, then he added: "Say, how about that Higgins-Pasha affair? You remember that row between England and Turkey. They tell me the British agent in Constantinople put it pretty straight to the Sultan the other day."

The other was interested. "He did, hey?" he said. "The market hasn't felt it, though. Guess there's nothing to it. But there's Kelly yonder. He'd know. He's pretty thick with Porteous' men. Might ask him."

"You ask him and let me know. I got to go on the floor. It's nearly time for the gong."

Hirsch's brother found Kelly in the centre of a group of settlement clerks.

"Say, boy," he began, "you ought to know. They tell me there may be trouble between England and Turkey over the Higgins-Pasha incident, and that the British Foreign Office has threatened the Sultan with an ultimatum. I can see the market if that's so."

"Nothing in it," retorted Kelly. "But I'll find out—to make sure, by jingo."

Meanwhile Landry had gained the top of the stairs, and turning to the right, passed through a great doorway, and came out upon the floor of the Board of Trade.

It was a vast enclosure, lighted on either side by great windows of coloured glass, the roof supported by thin iron pillars elaborately decorated. To the left were the bulletin blackboards, and beyond these, in the northwest angle of the floor, a great railed-in space where the Western Union Telegraph was installed. To the right, on the other side of the room, a row of tables, laden with neatly arranged paper bags half full of samples of grains, stretched along the east wall from the doorway of the public room at one end to the telephone room at the other.

The centre of the floor was occupied by the pits. To the left and to the front of Landry the provision pit, to the right the corn pit, while further on at the north extremity of the floor, and nearly under the visitors' gallery, much larger than the other two, and flanked by the wicket of the official recorder, was the wheat pit itself.

Directly opposite the visitors' gallery, high upon the south wall a great dial was affixed, and on the dial a marking hand that indicated the current price of wheat, fluctuating with the changes made in the Pit. Just now it stood at ninety-three and three-eighths, the closing quotation of the preceding day.

As yet all the pits were empty. It was some fifteen minutes after nine. Landry checked his hat and coat at the coat room near the north entrance, and slipped into an old tennis jacket of striped blue flannel. Then, hatless, his hands in his pockets, he leisurely crossed the floor, and sat down in one of the chairs that were ranged in files upon the floor in front of the telegraph enclosure. He scrutinised again the despatches and orders that he held in his hands; then, having fixed them in his memory, tore them into very small bits, looking vaguely about the room, developing his plan of campaign for the morning.

In a sense Landry Court had a double personality. Away from the neighbourhood and influence of La Salle Street, he was "rattle-brained," absent-minded, impractical, and easily excited, the last fellow in the world to be trusted with any business responsibility. But the thunder of the streets around the Board of Trade, and, above all, the movement and atmosphere of the floor itself awoke within him a very different Landry Court; a whole new set of nerves came into being with the tap of the nine-thirty gong, a whole new system of brain machinery began to move with the first figure called in the Pit. And from that instant until the close of the session, no floor trader, no broker's clerk nor scalper was more alert, more shrewd, or kept his head more surely than the same young fellow who confused his social engagements for the evening of the same day. The Landry Court the Dearborn girls knew was a far different young man from him who now leaned his elbows on the arms of the chair upon the floor of the Board, and, his eyes narrowing, his lips tightening, began to speculate upon what was to be the temper of the Pit that morning.

Meanwhile the floor was beginning to fill up. Over in the railed-in space, where the hundreds of telegraph instruments were in place, the operators were arriving in twos and threes. They hung their hats and ulsters upon the pegs in the wall back of them, and in linen coats, or in their shirt-sleeves, went to their seats, or, sitting upon their tables, called back and forth to each other, joshing, cracking jokes. Some few addressed themselves directly to work, and here and there the intermittent clicking of a key began, like a diligent cricket busking himself in advance of its mates.

From the corridors on the ground floor up through the south doors came the pit traders in increasing groups. The noise of footsteps began to echo from the high vaulting of the roof. A messenger boy crossed the floor chanting an unintelligible name.

The groups of traders gradually converged upon the corn and wheat pits, and on the steps of the latter, their arms crossed upon their knees, two men, one wearing a silk skull cap all awry, conversed earnestly in low tones.

Winston, a great, broad-shouldered bass-voiced fellow of some thirty-five years, who was associated with Landry in executing the orders of the Gretry-Converse house, came up to him, and, omitting any salutation, remarked, deliberately, slowly:

"What's all this about this trouble between Turkey and England?"

But before Landry could reply a third trader for the Gretry Company joined the two. This was a young fellow named Rusbridge, lean, black-haired, a constant excitement glinting in his deep-set eyes.

"Say," he exclaimed, "there's something in that, there's something in that!"

"Where did you hear it?" demanded Landry.

"Oh—everywhere." Rusbridge made a vague gesture with one arm. "Hirsch seemed to know all about it. It appears that there's talk of mobilising the Mediterranean squadron. Darned if I know."

"Might ask that 'Inter-Ocean' reporter. He'd be likely to know. I've seen him 'round here this morning, or you might telephone the Associated Press," suggested Landry. "The office never said a word to me."

"Oh, the 'Associated.' They know a lot always, don't they?" jeered Winston. "Yes, I rung 'em up. They 'couldn't confirm the rumour.' That's always the way. You can spend half a million a year in leased wires and special service and subscriptions to news agencies, and you get the first smell of news like this right here on the floor. Remember that time when the Northwestern millers sold a hundred and fifty thousand barrels at one lick? The floor was talking of it three hours before the news slips were sent 'round, or a single wire was in. Suppose we had waited for the Associated people or the Commercial people then?"

"It's that Higgins-Pasha incident, I'll bet," observed Rusbridge, his eyes snapping.

"I heard something about that this morning," returned Landry. "But only that it was—"

"There! What did I tell you?" interrupted Rusbridge. "I said it was everywhere. There's no smoke without some fire. And I wouldn't be a bit surprised if we get cables before noon that the British War Office had sent an ultimatum."

And very naturally a few minutes later Winston, at that time standing on the steps of the corn pit, heard from a certain broker, who had it from a friend who had just received a despatch from some one "in the know," that the British Secretary of State for War had forwarded an ultimatum to the Porte, and that diplomatic relations between Turkey and England were about to be suspended.

All in a moment the entire Floor seemed to be talking of nothing else, and on the outskirts of every group one could overhear the words: "Seizure of custom house," "ultimatum," "Eastern question," "Higgins-Pasha incident." It was the rumour of the day, and before very long the pit traders began to receive a multitude of despatches countermanding selling orders, and directing them not to close out trades under certain very advanced quotations. The brokers began wiring their principals that the market promised to open strong and bullish.

IV

In the front parlor of the Cresslers' house a little company was gathered—Laura Dearborn and Page, Mrs. Wessels, Mrs. Cressler, and young Miss Gretry, an awkward, plain-faced girl of about nineteen, dressed extravagantly in a decollete gown of blue silk. Curtis Jadwin and Cressler himself stood by the open fireplace smoking. Landry Court fidgeted on the sofa, pretending to listen to the Gretry girl, who told an interminable story of a visit to some wealthy relative who had a country seat in Wisconsin and who raised fancy poultry. She possessed, it appeared, three thousand hens, Brahma, Faverolles, Houdans, Dorkings, even peacocks and tame quails.

Sheldon Corthell, in a dinner coat, an unlighted cigarette between his fingers, discussed the spring exhibit of water-colors with Laura and Mrs. Cressler, Page listening with languid interest. Aunt Wess' turned the leaves of a family album, counting the number of photographs of Mrs. Cressler which it contained.

Black coffee had just been served. It was the occasion of the third rehearsal for the play which was to be given for the benefit of the hospital ward for Jadwin's mission children, and Mrs. Cressler had invited the members of the company for dinner. Just now everyone awaited the arrival of the "coach," Monsieur Gerardy, who was always late.

"To my notion," observed Corthell, "the water-color that pretends to be anything more than a sketch over-steps its intended limits. The elaborated water-color, I contend, must be judged by the same standards as an oil painting. And if that is so, why not have the oil painting at once?"

"And with all that, if you please, not an egg on the place for breakfast," declared the Gretry girl in her thin voice. She was constrained, embarrassed. Of all those present she was the only one to mistake the character of the gathering and appear in formal costume. But one forgave Isabel Gretry such lapses as these. Invariably she did the wrong thing; invariably she was out of place in the matter of inadvertent speech, an awkward accident, the wrong toilet. For all her nineteen years, she yet remained the hoyden, young, undeveloped, and clumsy.

"Never an egg, and three thousand hens in the runs," she continued. "Think of that! The Plymouth Rocks had the pip. And the others, my lands! I don't know. They just didn't lay."

"Ought to tickle the soles of their feet," declared Landry with profound gravity.

"Tickle their feet!"

"Best thing in the world for hens that don't lay. It sort of stirs them up. Oh, every one knows that."

"Fancy now! I'll write to Aunt Alice to-morrow."

Cressler clipped the tip of a fresh cigar, and, turning to Curtis Jadwin, remarked:

"I understand that Leaycraft alone lost nearly fifteen thousand."

He referred to Jadwin's deal in May wheat, the consummation of which had been effected the previous week. Squarely in the midst of the morning session, on the day following the "short" sale of Jadwin's million of bushels, had exploded the news of the intended action of the French chamber. Amid a tremendous clamour the price fell. The Bulls were panic-stricken. Leaycraft the redoubtable was overwhelmed at the very start. The Porteous trio heroically attempted to shoulder the wheat, but the load was too much. They as well gave ground, and, bereft of their support, May wheat, which had opened at ninety-three and five-eighths to ninety-two and a half, broke with the very first attack to ninety-two, hung there a moment, then dropped again to ninety-one and a half, then to ninety-one. Then, in a prolonged shudder of weakness, sank steadily down by quarters to ninety, to eighty-nine, and at last—a final collapse—touched eighty-eight cents. At that figure Jadwin began to cover. There was danger that the buying of so large a lot might bring about a rally in the price. But Gretry, a consummate master of Pit tactics, kept his orders scattered and bought gradually, taking some two or three days to accumulate the grain. Jadwin's luck—the never-failing guardian of the golden wings—seemed to have the affair under immediate supervision, and reports of timely rains in the wheat belt kept the price inert while the trade was being closed. In the end the "deal" was brilliantly successful, and Gretry was still chuckling over the set-back to the Porteous gang. Exactly the amount of his friend's profits Jadwin did not know. As for himself, he had received from Gretry a check for fifty thousand dollars, every cent of which was net profit.

"I'm not going to congratulate you," continued Cressler. "As far as that's concerned, I would rather you had lost than won—if it would have kept you out of the Pit for good. You're cocky now. I know—good Lord, don't I know. I had my share of it. I know how a man gets drawn into this speculating game."

"Charlie, this wasn't speculating," interrupted Jadwin. "It was a certainty. It was found money. If I had known a certain piece of real estate was going to appreciate in value I would have bought it, wouldn't I?"

"All the worse, if it made it seem easy and sure to you. Do you know," he added suddenly. "Do you know that Leaycraft has gone to keep books for a manufacturing concern out in Dubuque?"

Jadwin pulled his mustache. He was looking at Laura Dearborn over the heads of Landry and the Gretry girl.

"I didn't suppose he'd be getting measured for a private yacht," he murmured. Then he continued, pulling his mustache vigorously:

"Charlie, upon my word, what a beautiful—what beautiful hair that girl has!"

Laura was wearing it very high that evening, the shining black coils transfixed by a strange hand-cut ivory comb that had been her grandmother's. She was dressed in black taffeta, with a single great cabbage-rose pinned to her shoulder. She sat very straight in her chair, one hand upon her slender hip, her head a little to one side, listening attentively to Corthell.

By this time the household of the former rectory was running smoothly; everything was in place, the Dearborns were "settled," and a routine had begun. Her first month in her new surroundings had been to Laura an unbroken series of little delights. For formal social distractions she had but little taste. She left those to Page, who, as soon as Lent was over, promptly became involved in a bewildering round of teas, "dancing clubs," dinners, and theatre parties. Mrs. Wessels was her chaperone, and the little middle-aged lady found the satisfaction of a belated youth in conveying her pretty niece to the various functions that occupied her time. Each Friday night saw her in the gallery of a certain smart dancing school of the south side, where she watched Page dance her way from the "first waltz" to the last figure of the german. She counted the couples carefully, and on the way home was always able to say how the attendance of that particular evening compared with that of the former occasion, and also to inform Laura how many times Page had danced with the same young man.

Laura herself was more serious. She had begun a course of reading; no novels, but solemn works full of allusions to "Man" and "Destiny," which she underlined and annotated. Twice a week—on Mondays and Thursdays—she took a French lesson. Corthell managed to enlist the good services of Mrs. Wessels and escorted her to numerous piano and 'cello recitals, to lectures, to concerts. He even succeeded in achieving the consecration of a specified afternoon once a week, spent in his studio in the Fine Arts' Building on the Lake Front, where he read to them "Saint Agnes Eve," "Sordello," "The Light of Asia"—poems which, with their inversions, obscurities, and astonishing arabesques of rhetoric, left Aunt Wess' bewildered, breathless, all but stupefied.

Laura found these readings charming. The studio was beautiful, lofty, the light dim; the sound of Corthell's voice returned from the thick hangings of velvet and tapestry in a subdued murmur. The air was full of the odor of pastilles.

Laura could not fail to be impressed with the artist's tact, his delicacy. In words he never referred to their conversation in the foyer of the Auditorium; only by some unexplained subtlety of attitude he managed to convey to her the distinct impression that he loved her always. That he was patient, waiting for some indefinite, unexpressed development.

Landry Court called upon her as often as she would allow. Once he had prevailed upon her and Page to accompany him to the matinee to see a comic opera. He had pronounced it "bully," unable to see that Laura evinced only a mild interest in the performance. On each propitious occasion he had made love to her extravagantly. He continually protested his profound respect with a volubility and earnestness that was quite uncalled for.

But, meanwhile, the situation had speedily become more complicated by the entrance upon the scene of an unexpected personage. This was Curtis Jadwin. It was impossible to deny the fact that "J." was in love with Mrs. Cressler's protegee. The business man had none of Corthell's talent for significant reticence, none of his tact, and older than she, a man-of-the-world, accustomed to deal with situations with unswerving directness, he, unlike Landry Court, was not in the least afraid of her. From the very first she found herself upon the defensive. Jadwin was aggressive, assertive, and his addresses had all the persistence and vehemence of veritable attack. Landry she could manage with the lifting of a finger, Corthell disturbed her only upon those rare occasions when he made love to her. But Jadwin gave her no time to so much as think of finesse. She was not even allowed to choose her own time and place for fencing, and to parry his invasion upon those intimate personal grounds which she pleased herself to keep secluded called upon her every feminine art of procrastination and strategy.

He contrived to meet her everywhere. He impressed Mrs. Cressler as auxiliary into his campaign, and a series of rencontres followed one another with astonishing rapidity. Now it was another opera party, now a box at McVicker's, now a dinner, or more often a drive through Lincoln Park behind Jadwin's trotters. He even had the Cresslers and Laura over to his mission Sunday-school for the Easter festival, an occasion of which Laura carried away a confused recollection of enormous canvas mottoes, that looked more like campaign banners than texts from the Scriptures, sheaves of calla lilies, imitation bells of tin-foil, revival hymns vociferated with deafening vehemence from seven hundred distended mouths, and through it all the disagreeable smell of poverty, the odor of uncleanliness that mingled strangely with the perfume of the lilies and the aromatic whiffs from the festoons of evergreen.

Thus the first month of her new life had passed Laura did not trouble herself to look very far into the future. She was too much amused with her emancipation from the narrow horizon of her New England environment. She did not concern herself about consequences. Things would go on for themselves, and consequences develop without effort on her part. She never asked herself whether or not she was in love with any of the three men who strove for her favor. She was quite sure she was not ready—yet—to be married. There was even something distasteful in the idea of marriage. She liked Landry Court immensely; she found the afternoons in Corthell's studio delightful; she loved the rides in the park behind Jadwin's horses. She had no desire that any one of these affairs should exclude the other two. She wished nothing to be consummated. As for love, she never let slip an occasion to shock Aunt Wess' by declaring:

"I love—nobody. I shall never marry."

Page, prim, with great parades of her ideas of "good form," declared between her pursed lips that her sister was a flirt. But this was not so. Laura never manoeuvered with her lovers, nor intrigued to keep from any one of them knowledge of her companionship with the other two. So upon such occasions as this, when all three found themselves face to face, she remained unperturbed.

At last, towards half-past eight, Monsieur Gerardy arrived. All through the winter amateur plays had been in great favor, and Gerardy had become, in a sense, a fad. He was in great demand. Consequently, he gave himself airs. His method was that of severity; he posed as a task-master, relentless, never pleased, hustling the amateur actors about without ceremony, scolding and brow-beating. He was a small, excitable man who wore a frock-coat much too small for him, a flowing purple cravatte drawn through a finger ring, and enormous cuffs set off with huge buttons of Mexican onyx. In his lapel was an inevitable carnation, dried, shrunken, and lamentable. He was redolent of perfume and spoke of himself as an artist. He caused it to be understood that in the intervals of "coaching society plays" he gave his attention to the painting of landscapes. Corthell feigned to ignore his very existence.

The play-book in his hand, Monsieur Gerardy clicked his heels in the middle of the floor and punctiliously saluted everyone present, bowing only from his shoulders, his head dropping forward as if propelled by successive dislocations of the vertebrae of his neck.

He explained the cause of his delay. His English was without accent, but at times suddenly entangled itself in curious Gallic constructions.

"Then I propose we begin at once," he announced. "The second act to-night, then, if we have time, the third act—from the book. And I expect the second act to be letter-perfect—let-ter-per-fect. There is nothing there but that." He held up his hand, as if to refuse to consider the least dissention. "There is nothing but that—no other thing."

All but Corthell listened attentively. The artist, however, turning his back, had continued to talk to Laura without lowering his tone, and all through Monsieur Gerardy's exhortation his voice had made itself heard. "Management of light and shade" … "color scheme" … "effects of composition."

Monsieur Gerardy's eye glinted in his direction. He struck his play-book sharply into the palm of his hand.

"Come, come!" he cried. "No more nonsense. Now we leave the girls alone and get to work. Here is the scene. Mademoiselle Gretry, if I derange you!" He cleared a space at the end of the parlor, pulling the chairs about. "Be attentive now. Here"—he placed a chair at his right with a flourish, as though planting a banner—"is the porch of Lord Glendale's country house."

"Ah," murmured Landry, winking solemnly at Page, "the chair is the porch of the house."

"And here," shouted Monsieur Gerardy, glaring at him and slamming down another chair, "is a rustic bench and practicable table set for breakfast."

Page began to giggle behind her play-book. Gerardy, his nostrils expanded, gave her his back. The older people, who were not to take part—Jadwin, the Cresslers, and Aunt Wess'—retired to a far corner, Mrs. Cressler declaring that they would constitute the audience.

"On stage," vociferated Monsieur Gerardy, perspiring from his exertions with the furniture. "'Marion enters, timid and hesitating, L. C.' Come, who's Marion? Mademoiselle Gretry, if you please, and for the love of God remember your crossings. Sh! sh!" he cried, waving his arms at the others. "A little silence if you please. Now, Marion."

Isabel Gretry, holding her play-book at her side, one finger marking the place, essayed an entrance with the words:

"'Ah, the old home once more. See the clambering roses have—'"

But Monsieur Gerardy, suddenly compressing his lips as if in a heroic effort to repress his emotion, flung himself into a chair, turning his back and crossing his legs violently. Miss Gretry stopped, very much disturbed, gazing perplexedly at the coach's heaving shoulders.

There was a strained silence, then:

"Isn't—isn't that right?"

As if with the words she had touched a spring, Monsieur Gerardy bounded to his feet.

"Grand God! Is that left-centre where you have made the entrance? In fine, I ask you a little—is that left-centre? You have come in by the rustic bench and practicable table set for breakfast. A fine sight on the night of the performance that. Marion climbs over the rustic breakfast and practicable—over the rustic bench and practicable table, ha, ha, to make the entrance." Still holding the play-book, he clapped hands with elaborate sarcasm. "Ah, yes, good business that. That will bring down the house."

Meanwhile the Gretry girl turned again from left-centre.

"'Ah, the old home again. See—'"

"Stop!" thundered Monsieur Gerardy. "Is that what you call timid and hesitating? Once more, those lines.... No, no. It is not it at all. More of slowness, more of—Here, watch me."

He made the entrance with laborious exaggeration of effect, dragging one foot after another, clutching at the palings of an imaginary fence, while pitching his voice at a feeble falsetto, he quavered:

"'Ah! The old home—ah … once more. See—' like that," he cried, straightening up. "Now then. We try that entrance again. Don't come on too quick after the curtain. Attention. I clap my hands for the curtain, and count three." He backed away and, tucking the play-book under his arm, struck his palms together. "Now, one—two—three."

But this time Isabel Gretry, in remembering her "business," confused her stage directions once more.

"'Ah, the old home—'"

"Left-centre," interrupted the coach, in a tone of long-suffering patience.

She paused bewildered, and believing that she had spoken her lines too abruptly, began again:

"'See, the clambering—'"

"Left-centre."

"'Ah, the old home—'"

Monsieur Gerardy settled himself deliberately in his chair and resting his head upon one hand closed his eyes. His manner was that of Galileo under torture declaring "still it moves."

"Left-centre."

"Oh—oh, yes. I forgot."

Monsieur Gerardy apostrophized the chandelier with mirthless humour.

"Oh, ha, ha! She forgot."

Still another time Marion tried the entrance, and, as she came on, Monsieur Gerardy made vigorous signals to Page, exclaiming in a hoarse whisper:

"Lady Mary, ready. In a minute you come on. Remember the cue."

Meanwhile Marion had continued:

"'See the clambering vines—'"

"Roses."

"'The clambering rose vines—'"

"Roses, pure and simple."

"'See! The clambering roses, pure and—'"

"Mademoiselle Gretry, will you do me the extreme obligation to bound yourself by the lines of the book?"

"I thought you said—"

"Go on, go on, go on! Is it God-possible to be thus stupid? Lady Mary, ready."

"'See, the clambering roses have wrapped the old stones in a loving embrace. The birds build in the same old nests—'"

"Well, well, Lady Mary, where are you? You enter from the porch."

"I'm waiting for my cue," protested Page. "My cue is: 'Are there none that will remember me.'"

"Say," whispered Landry, coming up behind Page, "it would look bully if you could come out leading a greyhound."

"Ah, so, Mademoiselle Gretry," cried Monsieur Gerardy, "you left out the cue." He became painfully polite. "Give the speech once more, if you please."

"A dog would look bully on the stage," whispered Landry. "And I know where I could get one."

"Where?"

"A friend of mine. He's got a beauty, blue grey—"

They become suddenly aware of a portentous silence The coach, his arms folded, was gazing at Page with tightened lips.

"'None who will remember me,'" he burst out at last. "Three times she gave it."

Page hurried upon the scene with the words:

"'Ah, another glorious morning. The vines are drenched in dew.'" Then, raising her voice and turning toward the "house," "'Arthur.'"

"'Arthur,'" warned the coach. "That's you. Mr. Corthell. Ready. Well then, Mademoiselle Gretry, you have something to say there."

"I can't say it," murmured the Gretry girl, her handkerchief to her face.

"What now? Continue. Your lines are 'I must not be seen here. It would betray all,' then conceal yourself in the arbor. Continue. Speak the line. It is the cue of Arthur."

"I can't," mumbled the girl behind her handkerchief.

"Can't? Why, then?"

"I—I have the nose-bleed."

Upon the instant Monsieur Gerardy quite lost his temper. He turned away, one hand to his head, rolling his eyes as if in mute appeal to heaven, then, whirling about, shook his play-book at the unfortunate Marion, crying out furiously:

"Ah, it lacked but that. You ought to understand at last, that when one rehearses for a play one does not have the nose-bleed. It is not decent."

Miss Gretry retired precipitately, and Laura came forward to say that she would read Marion's lines.

"No, no!" cried Monsieur Gerardy. "You—ah, if they were all like you! You are obliging, but it does not suffice. I am insulted."

The others, astonished, gathered about the "coach." They laboured to explain. Miss Gretry had intended no slight. In fact she was often taken that way; she was excited, nervous. But Monsieur Gerardy was not to be placated. Ah, no! He knew what was due a gentleman. He closed his eyes and raised his eyebrows to his very hair, murmuring superbly that he was offended. He had but one phrase in answer to all their explanations:

"One does not permit one's self to bleed at the nose during rehearsal."

Laura began to feel a certain resentment. The unfortunate Gretry girl had gone away in tears. What with the embarrassment of the wrong gown, the brow-beating, and the nose-bleed, she was not far from hysterics. She had retired to the dining-room with Mrs. Cressler and from time to time the sounds of her distress made themselves heard. Laura believed it quite time to interfere. After all, who was this Gerardy person, to give himself such airs? Poor Miss Gretry was to blame for nothing. She fixed the little Frenchman with a direct glance, and Page, who caught a glimpse of her face, recognised "the grand manner," and whispered to Landry:

"He'd better look out; he's gone just about as far as Laura will allow."

"It is not convenient," vociferated the "coach." "It is not permissible. I am offended."

"Monsieur Gerardy," said Laura, "we will say nothing more about it, if you please."

There was a silence. Monsieur Gerardy had pretended not to hear. He breathed loud through his nose, and Page hastened to observe that anyhow Marion was not on in the next scenes. Then abruptly, and resuming his normal expression, Monsieur Gerardy said:

"Let us proceed. It advances nothing to lose time. Come. Lady Mary and Arthur, ready."

The rehearsal continued. Laura, who did not come on during the act, went back to her chair in the corner of the room.

But the original group had been broken up. Mrs. Cressler was in the dining-room with the Gretry girl, while Jadwin, Aunt Wess', and Cressler himself were deep in a discussion of mind-reading and spiritualism.

As Laura came up, Jadwin detached himself from the others and met her.

"Poor Miss Gretry!" he observed. "Always the square peg in the round hole. I've sent out for some smelling salts."

It seemed to Laura that the capitalist was especially well-looking on this particular evening. He never dressed with the "smartness" of Sheldon Corthell or Landry Court, but in some way she did not expect that he should. His clothes were not what she was aware were called "stylish," but she had had enough experience with her own tailor-made gowns to know that the material was the very best that money could buy. The apparent absence of any padding in the broad shoulders of the frock coat he wore, to her mind, more than compensated for the "ready-made" scarf, and if the white waistcoat was not fashionably cut, she knew that she had never been able to afford a pique skirt of just that particular grade.

"Suppose we go into the reception-room," he observed abruptly. "Charlie bought a new clock last week that's a marvel. You ought to see it."

"No," she answered. "I am quite comfortable here, and I want to see how Page does in this act."

"I am afraid, Miss Dearborn," he continued, as they found their places, "that you did not have a very good time Sunday afternoon."

He referred to the Easter festival at his mission school. Laura had left rather early, alleging neuralgia and a dinner engagement.

"Why, yes I did," she replied. "Only, to tell the truth, my head ached a little." She was ashamed that she did not altogether delight in her remembrance of Jadwin on that afternoon. He had "addressed" the school, with earnestness it was true, but in a strain decidedly conventional. And the picture he made leading the singing, beating time with the hymn-book, and between the verses declaring that "he wanted to hear everyone's voice in the next verse," did not appeal very forcibly to her imagination. She fancied Sheldon Corthell doing these things, and could not forbear to smile. She had to admit, despite the protests of conscience, that she did prefer the studio to the Sunday-school.

"Oh," remarked Jadwin, "I'm sorry to hear you had a headache. I suppose my little micks" (he invariably spoke of his mission children thus) "do make more noise than music."

"I found them very interesting."

"No, excuse me, but I'm afraid you didn't. My little micks are not interesting—to look at nor to listen to. But I, kind of—well, I don't know," he began pulling his mustache. "It seems to suit me to get down there and get hold of these people. You know Moody put me up to it. He was here about five years ago, and I went to one of his big meetings, and then to all of them. And I met the fellow, too, and I tell you, Miss Dearborn, he stirred me all up. I didn't "get religion." No, nothing like that. But I got a notion it was time to be up and doing, and I figured it out that business principles were as good in religion as they are—well, in La Salle Street, and that if the church people—the men I mean—put as much energy, and shrewdness, and competitive spirit into the saving of souls as they did into the saving of dollars that we might get somewhere. And so I took hold of a half dozen broken-down, bankrupt Sunday-school concerns over here on Archer Avenue that were fighting each other all the time, and amalgamated them all—a regular trust, just as if they were iron foundries—and turned the incompetents out and put my subordinates in, and put the thing on a business basis, and by now, I'll venture to say, there's not a better organised Sunday-school in all Chicago, and I'll bet if D. L. Moody were here to-day he'd say, 'Jadwin, well done, thou good and faithful servant.'"

"I haven't a doubt of it, Mr. Jadwin," Laura hastened to exclaim. "And you must not think that I don't believe you are doing a splendid work."

"Well, it suits me," he repeated. "I like my little micks, and now and then I have a chance to get hold of the kind that it pays to push along. About four months ago I came across a boy in the Bible class; I guess he's about sixteen; name is Bradley—Billy Bradley, father a confirmed drunk, mother takes in washing, sister—we won't speak about; and he seemed to be bright and willing to work, and I gave him a job in my agent's office, just directing envelopes. Well, Miss Dearborn, that boy has a desk of his own now, and the agent tells me he's one of the very best men he's got. He does his work so well that I've been able to discharge two other fellows who sat around and watched the clock for lunch hour, and Bradley does their work now better and quicker than they did, and saves me twenty dollars a week; that's a thousand a year. So much for a business like Sunday-school; so much for taking a good aim when you cast your bread upon the waters. The last time I saw Moody I said, 'Moody, my motto is "not slothful in business, fervent in spirit, praising the Lord."' I remember we were out driving at the time, I took him out behind Lizella—she's almost straight Wilkes' blood and can trot in two-ten, but you can believe he didn't know that—and, as I say, I told him what my motto was, and he said, 'J., good for you; you keep to that. There's no better motto in the world for the American man of business.' He shook my hand when he said it, and I haven't ever forgotten it."

Not a little embarrassed, Laura was at a loss just what to say, and in the end remarked lamely enough:

"I am sure it is the right spirit—the best motto."

"Miss Dearborn," Jadwin began again suddenly, "why don't you take a class down there. The little micks aren't so dreadful when you get to know them."

"I!" exclaimed Laura, rather blankly. She shook her head. "Oh, no, Mr. Jadwin. I should be only an encumbrance. Don't misunderstand me. I approve of the work with all my heart, but I am not fitted—I feel no call. I should be so inapt that I know I should do no good. My training has been so different, you know," she said, smiling. "I am an Episcopalian—'of the straightest sect of the Pharisees.' I should be teaching your little micks all about the meaning of candles, and 'Eastings,' and the absolution and remission of sins."

"I wouldn't care if you did," he answered. "It's the indirect influence I'm thinking of—the indirect influence that a beautiful, pure-hearted, noble-minded woman spreads around her wherever she goes. I know what it has done for me. And I know that not only my little micks, but every teacher and every superintendent in that school would be inspired, and stimulated, and born again so soon as ever you set foot in the building. Men need good women, Miss Dearborn. Men who are doing the work of the world. I believe in women as I believe in Christ. But I don't believe they were made—any more than Christ was—to cultivate—beyond a certain point—their own souls, and refine their own minds, and live in a sort of warmed-over, dilettante, stained-glass world of seclusion and exclusion. No, sir, that won't do for the United States and the men who are making them the greatest nation of the world. The men have got all the get-up-and-get they want, but they need the women to point them straight, and to show them how to lead that other kind of life that isn't all grind. Since I've known you, Miss Dearborn, I've just begun to wake up to the fact that there is that other kind, but I can't lead that life without you. There's no kind of life that's worth anything to me now that don't include you. I don't need to tell you that I want you to marry me. You know that by now, I guess, without any words from me. I love you, and I love you as a man, not as a boy, seriously and earnestly. I can give you no idea how seriously, how earnestly. I want you to be my wife. Laura, my dear girl, I know I could make you happy."

"I could not sleep, I could not sleep," she murmured, "if I did not know they were on the way."

In answer to the bell Henry appeared, and Laura gave him the letters, with orders to mail them at once in the nearest box.

When it was all over she sat down again at her desk, and leaning an elbow upon it, covered her eyes with her hand for a long moment. She felt suddenly very tired, and when at last she lowered her hand, her fingers were wet. But in the end she grew calmer. She felt that, at all events, she had vindicated herself, that her life would begin again to-morrow with a clean page; and when at length she fell asleep, it was to the dreamless unconsciousness of an almost tranquil mind.

She slept late the next morning and breakfasted in bed between ten and eleven. Then, as the last vibrations of last night's commotion died away, a very natural curiosity began to assert itself. She wondered how each of the three men "would take it." In spite of herself she could not keep from wishing that she could be by when they read their dismissals.

Towards the early part of the afternoon, while Laura was in the library reading "Queen's Gardens," the special delivery brought Landry Court's reply. It was one roulade of incoherence, even in places blistered with tears. Landry protested, implored, debased himself to the very dust. His letter bristled with exclamation points, and ended with a prolonged wail of distress and despair.

Quietly, and with a certain merciless sense of pacification, Laura deliberately reduced the letter to strips, burned it upon the hearth, and went back to her Ruskin.

A little later, the afternoon being fine, she determined to ride out to Lincoln Park, not fifteen minutes from her home, to take a little walk there, and to see how many new buds were out.

As she was leaving, Annie gave into her hands a pasteboard box, just brought to the house by a messenger boy.

The box was full of Jacqueminot roses, to the stems of which a note from Corthell was tied. He wrote but a single line:

"So it should have been 'good-by' after all."

Laura had Annie put the roses in Page's room.

"Tell Page she can have them; I don't want them. She can wear them to her dance to-night," she said.

While to herself she added:

"The little buds in the park will be prettier."

She was gone from the house over two hours, for she had elected to walk all the way home. She came back flushed and buoyant from her exercise, her cheeks cool with the Lake breeze, a young maple leaf in one of the revers of her coat. Annie let her in, murmuring:

"A gentleman called just after you went out. I told him you were not at home, but he said he would wait. He is in the library now."

"Who is he? Did he give his name?" demanded Laura.

The maid handed her Curtis Jadwin's card.

V

That year the spring burst over Chicago in a prolonged scintillation of pallid green. For weeks continually the sun shone. The Lake, after persistently cherishing the greys and bitter greens of the winter months, and the rugged white-caps of the northeast gales, mellowed at length, turned to a softened azure blue, and lapsed by degrees to an unruffled calmness, incrusted with innumerable coruscations.

In the parks, first of all, the buds and earliest shoots asserted themselves. The horse-chestnut bourgeons burst their sheaths to spread into trefoils and flame-shaped leaves. The elms, maples, and cottonwoods followed. The sooty, blackened snow upon the grass plats, in the residence quarters, had long since subsided, softening the turf, filling the gutters with rivulets. On all sides one saw men at work laying down the new sod in rectangular patches.

There was a delicious smell of ripening in the air, a smell of sap once more on the move, of humid earths disintegrating from the winter rigidity, of twigs and slender branches stretching themselves under the returning warmth, elastic once more, straining in their bark.

On the North Side, in Washington Square, along the Lake-shore Drive, all up and down the Lincoln Park Boulevard, and all through Erie, Huron, and Superior streets, through North State Street, North Clarke Street, and La Salle Avenue, the minute sparkling of green flashed from tree top to tree top, like the first kindling of dry twigs. One could almost fancy that the click of igniting branch tips was audible as whole beds of yellow-green sparks defined themselves within certain elms and cottonwoods.

Every morning the sun invaded earlier the east windows of Laura Dearborn's bedroom. Every day at noon it stood more nearly overhead above her home. Every afternoon the checkered shadows of the leaves thickened upon the drawn curtains of the library. Within doors the bottle-green flies came out of their lethargy and droned and bumped on the panes. The double windows were removed, screens and awnings took their places; the summer pieces were put into the fireplaces.

All of a sudden vans invaded the streets, piled high with mattresses, rocking-chairs, and bird cages; the inevitable "spring moving" took place. And these furniture vans alternated with great trucks laden with huge elm trees on their way from nursery to lawn. Families and trees alike submitted to the impulse of transplanting, abandoning the winter quarters, migrating with the spring to newer environments, taking root in other soils. Sparrows wrangled on the sidewalks and built ragged nests in the interstices of cornice and coping. In the parks one heard the liquid modulations of robins. The florists' wagons appeared, and from house to house, from lawn to lawn, iron urns and window boxes filled up with pansies, geraniums, fuchsias, and trailing vines. The flower beds, stripped of straw and manure, bloomed again, and at length the great cottonwoods shed their berries, like clusters of tiny grapes, over street and sidewalk.

At length came three days of steady rain, followed by cloudless sunshine and full-bodied, vigorous winds straight from out the south.

Instantly the living embers in tree top and grass plat were fanned to flame. Like veritable fire, the leaves blazed up. Branch after branch caught and crackled; even the dryest, the deadest, were enfolded in the resistless swirl of green. Tree top ignited tree top; the parks and boulevards were one smother of radiance. From end to end and from side to side of the city, fed by the rains, urged by the south winds, spread billowing and surging the superb conflagration of the coming summer.

Then, abruptly, everything hung poised; the leaves, the flowers, the grass, all at fullest stretch, stood motionless, arrested, while the heat, distilled, as it were, from all this seething green, rose like a vast pillar over the city, and stood balanced there in the iridescence of the sky, moveless and immeasurable.

From time to time it appeared as if this pillar broke in the guise of summer storms, and came toppling down upon the city in tremendous detonations of thunder and weltering avalanches of rain. But it broke only to reform, and no sooner had the thunder ceased, the rain intermitted, and the sun again come forth, than one received the vague impression of the swift rebuilding of the vast, invisible column that smothered the city under its bases, towering higher and higher into the rain-washed, crystal-clear atmosphere.

Then the aroma of wet dust, of drenched pavements, musty, acute—the unforgettable exhalation of the city's streets after a shower—pervaded all the air, and the little out-door activities resumed again under the dripping elms and upon the steaming sidewalks.

The evenings were delicious. It was yet too early for the exodus northward to the Wisconsin lakes, but to stay indoors after nightfall was not to be thought of. After six o'clock, all through the streets in the neighbourhood of the Dearborns' home, one could see the family groups "sitting out" upon the front "stoop." Chairs were brought forth, carpets and rugs unrolled upon the steps. From within, through the opened windows of drawing-room and parlour, came the brisk gaiety of pianos. The sidewalks were filled with children clamouring at "tag," "I-spy," or "run-sheep-run." Girls in shirt-waists and young men in flannel suits promenaded to and fro. Visits were exchanged from "stoop" to "stoop," lemonade was served, and claret punch. In their armchairs on the top step, elderly men, householders, capitalists, well-to-do, their large stomachs covered with white waistcoats, their straw hats upon their knees, smoked very fragrant cigars in silent enjoyment, digesting their dinners, taking the air after the grime and hurry of the business districts.

It was on such an evening as this, well on towards the last days of the spring, that Laura Dearborn and Page joined the Cresslers and their party, sitting out like other residents of the neighbourhood on the front steps of their house. Almost every evening nowadays the Dearborn girls came thus to visit with the Cresslers. Sometimes Page brought her mandolin.

Every day of the warm weather seemed only to increase the beauty of the two sisters. Page's brown hair was never more luxuriant, the exquisite colouring of her cheeks never more charming, the boyish outlines of her small, straight figure—immature and a little angular as yet—never more delightful. The seriousness of her straight-browed, grave, grey-blue eyes was still present, but the eyes themselves were, in some indefinable way, deepening, and all the maturity that as yet was withheld from her undeveloped little form looked out from beneath her long lashes.

But Laura was veritably regal. Very slender as yet, no trace of fulness to be seen over hip or breast, the curves all low and flat, she yet carried her extreme height with tranquil confidence, the unperturbed assurance of a chatelaine of the days of feudalism.

Her coal-black hair, high-piled, she wore as if it were a coronet. The warmth of the exuberant spring days had just perceptibly mellowed the even paleness of her face, but to compensate for this all the splendour of coming midsummer nights flashed from her deep-brown eyes.

On this occasion she had put on her coat over her shirt-waist, and a great bunch of violets was tucked into her belt. But no sooner had she exchanged greetings with the others and settled herself in her place than she slipped her coat from her shoulders.

It was while she was doing this that she noted, for the first time, Landry Court standing half in and half out of the shadow of the vestibule behind Mr. Cressler's chair.

"This is the first time he has been here since—since that night," Mrs. Cressler hastened to whisper in Laura's ear. "He told me about—well, he told me what occurred, you know. He came to dinner to-night, and afterwards the poor boy nearly wept in my arms. You never saw such penitence."

Laura put her chin in the air with a little movement of incredulity. But her anger had long since been a thing of the past. Good-tempered, she could not cherish resentment very long. But as yet she had greeted Landry only by the briefest of nods.

"Such a warm night!" she murmured, fanning herself with part of Mr. Cressler's evening paper. "And I never was so thirsty."

"Why, of course," exclaimed Mrs. Cressler. "Isabel," she called, addressing Miss Gretry, who sat on the opposite side of the steps, "isn't the lemonade near you? Fill a couple of glasses for Laura and Page."

Page murmured her thanks, but Laura declined.

"No; just plain water for me," she said. "Isn't there some inside? Mr. Court can get it for me, can't he?" Landry brought the pitcher back, running at top speed and spilling half of it in his eagerness. Laura thanked him with a smile, addressing him, however, by his last name. She somehow managed to convey to him in her manner the information that though his offence was forgotten, their old-time relations were not, for one instant, to be resumed.

Later on, while Page was thrumming her mandolin, Landry whistling a "second," Mrs. Cressler took occasion to remark to Laura:

"I was reading the Paris letter in the 'Inter-Ocean' to-day, and I saw Mr. Corthell's name on the list of American arrivals at the Continental. I guess," she added, "he's going to be gone a long time. I wonder sometimes if he will ever come back. A fellow with his talent, I should imagine would find Chicago—well, less congenial, anyhow, than Paris. But, just the same, I do think it was mean of him to break up our play by going. I'll bet a cookie that he wouldn't take part any more just because you wouldn't. He was just crazy to do that love scene in the fourth act with you. And when you wouldn't play, of course he wouldn't; and then everybody seemed to lose interest with you two out. 'J.' took it all very decently though, don't you think?"

Laura made a murmur of mild assent.

"He was disappointed, too," continued Mrs. Cressler. "I could see that. He thought the play was going to interest a lot of our church people in his Sunday-school. But he never said a word when it fizzled out. Is he coming to-night?"

"Well I declare," said Laura. "How should I know, if you don't?"

Jadwin was an almost regular visitor at the Cresslers' during the first warm evenings. He lived on the South Side, and the distance between his home and that of the Cresslers was very considerable. It was seldom, however, that Jadwin did not drive over. He came in his double-seated buggy, his negro coachman beside him the two coach dogs, "Rex" and "Rox," trotting under the rear axle. His horses were not showy, nor were they made conspicuous by elaborate boots, bandages, and all the other solemn paraphernalia of the stable, yet men upon the sidewalks, amateurs, breeders, and the like—men who understood good stock—never failed to stop to watch the team go by, heads up, the check rein swinging loose, ears all alert, eyes all alight, the breath deep, strong, and slow, and the stride, machine-like, even as the swing of a metronome, thrown out from the shoulder to knee, snapped on from knee to fetlock, from fetlock to pastern, finishing squarely, beautifully, with the thrust of the hoof, planted an instant, then, as it were, flinging the roadway behind it, snatched up again, and again cast forward.

On these occasions Jadwin himself inevitably wore a black "slouch" hat, suggestive of the general of the Civil War, a grey "dust overcoat" with a black velvet collar, and tan gloves, discoloured with the moisture of his palms and all twisted and crumpled with the strain of holding the thoroughbreds to their work.

He always called the time of the trip from the buggy at the Cresslers' horse block, his stop watch in his hand, and, as he joined the groups upon the steps, he was almost sure to remark: "Tugs were loose all the way from the river. They pulled the whole rig by the reins. My hands are about dislocated."

"Page plays very well," murmured Mrs. Cressler as the young girl laid down her mandolin. "I hope J. does come to-night," she added. "I love to have him 'round. He's so hearty and whole-souled."

Laura did not reply. She seemed a little preoccupied this evening, and conversation in the group died away. The night was very beautiful, serene, quiet; and, at this particular hour of the end of the twilight, no one cared to talk much. Cressler lit another cigar, and the filaments of delicate blue smoke hung suspended about his head in the moveless air. Far off, from the direction of the mouth of the river, a lake steamer whistled a prolonged tenor note. Somewhere from an open window in one of the neighbouring houses a violin, accompanied by a piano, began to elaborate the sustained phrases of "Schubert's Serenade." Theatrical as was the theme, the twilight and the muffled hum of the city, lapsing to quiet after the febrile activities of the day, combined to lend it a dignity, a persuasiveness. The children were still playing along the sidewalks, and their staccato gaiety was part of the quiet note to which all sounds of the moment seemed chorded.

After a while Mrs. Cressler began to talk to Laura in a low voice. She and Charlie were going to spend a part of June at Oconomowoc, in Wisconsin. Why could not Laura make up her mind to come with them? She had asked Laura a dozen times already, but couldn't get a yes or no answer from her. What was the reason she could not decide? Didn't she think she would have a good time?

"Page can go," said Laura. "I would like to have you take her. But as for me, I don't know. My plans are so unsettled this summer." She broke off suddenly. "Oh, now, that I think of it, I want to borrow your 'Idylls of the King.' May I take it for a day or two? I'll run in and get it now," she added as she rose. "I know just where to find it. No, please sit still, Mr. Cressler. I'll go."

And with the words she disappeared in doors, leaving Mrs. Cressler to murmur to her husband:

"Strange girl. Sometimes I think I don't know Laura at all. She's so inconsistent. How funny she acts about going to Oconomowoc with us!"

Mr. Cressler permitted himself an amiable grunt of protest.

"Pshaw! Laura's all right. The handsomest girl in Cook County."

"Well, that's not much to do with it, Charlie," sighed Mrs. Cressler. "Oh, dear," she added vaguely. "I don't know."

"Don't know what?"

"I hope Laura's life will be happy."

"Oh, for God's sake, Carrie!"

"There's something about that girl," continued Mrs. Cressler, "that makes my heart bleed for her."

Cressler frowned, puzzled and astonished.

"Hey—what!" he exclaimed. "You're crazy, Carrie!"

"Just the same," persisted Mrs. Cressler, "I just yearn towards her sometimes like a mother. Some people are born to trouble, Charlie; born to trouble, as the sparks fly upward. And you mark my words, Charlie Cressler, Laura is that sort. There's all the pathos in the world in just the way she looks at you from under all that black, black hair, and out of her eyes the saddest eyes sometimes, great, sad, mournful eyes."

"Fiddlesticks!" said Mr. Cressler, resuming his paper.

"I'm positive that Sheldon Corthell asked her to marry him," mused Mrs. Cressler after a moment's silence. "I'm sure that's why he left so suddenly."

Her husband grunted grimly as he turned his paper so as to catch the reflection of the vestibule light.

"Don't you think so, Charlie?"

"Uh! I don't know. I never had much use for that fellow, anyhow."

"He's wonderfully talented," she commented, "and so refined. He always had the most beautiful manners. Did you ever notice his hands?"

"I thought they were like a barber's. Put him in 'J.'s' rig there, behind those horses of his, and how long do you suppose he'd hold those trotters with that pair of hands? Why," he blustered, suddenly, "they'd pull him right over the dashboard."

"Poor little Landry Court!" murmured his wife, lowering her voice. "He's just about heart-broken. He wanted to marry her too. My goodness, she must have brought him up with a round turn. I can see Laura when she is really angry. Poor fellow!"

"If you women would let that boy alone, he might amount to something."

"He told me his life was ruined."

Cressler threw his cigar from him with vast impatience.

"Oh, rot!" he muttered.

"He took it terribly, seriously, Charlie, just the same."

"I'd like to take that young boy in hand and shake some of the nonsense out of him that you women have filled him with. He's got a level head. On the floor every day, and never yet bought a hatful of wheat on his own account. Don't know the meaning of speculation and don't want to. There's a boy with some sense."

"It's just as well," persisted Mrs. Cressler reflectively, "that Laura wouldn't have him. Of course they're not made for each other. But I thought that Corthell would have made her happy. But she won't ever marry 'J.' He asked her to; she didn't tell me, but I know he did. And she's refused him flatly. She won't marry anybody, she says. Said she didn't love anybody, and never would. I'd have loved to have seen her married to 'J.,' but I can see now that they wouldn't have been congenial; and if Laura wouldn't have Sheldon Corthell, who was just made for her, I guess it was no use to expect she'd have 'J.' Laura's got a temperament, and she's artistic, and loves paintings, and poetry, and Shakespeare, and all that, and Curtis don't care for those things at all. They wouldn't have had anything in common. But Corthell—that was different. And Laura did care for him, in a way. He interested her immensely. When he'd get started on art subjects Laura would just hang on every word. My lands, I wouldn't have gone away if I'd been in his boots. You mark my words, Charlie, there was the man for Laura Dearborn, and she'll marry him yet, or I'll miss my guess."

"That's just like you, Carrie—you and the rest of the women," exclaimed Cressler, "always scheming to marry each other off. Why don't you let the girl alone? Laura's all right. She minds her own business, and she's perfectly happy. But you'd go to work and get up a sensation about her, and say that your 'heart bleeds for her,' and that she's born to trouble, and has sad eyes. If she gets into trouble it'll be because some one else makes it for her. You take my advice, and let her paddle her own canoe. She's got the head to do it; don't you worry about that. By the way—" Cressler interrupted himself, seizing the opportunity to change the subject. "By the way, Carrie, Curtis has been speculating again. I'm sure of it."

"Too bad," she murmured.

"So it is," Cressler went on. "He and Gretry are thick as thieves these days. Gretry, I understand, has been selling September wheat for him all last week, and only this morning they closed out another scheme—some corn game. It was all over the Floor just about closing time. They tell me that Curtis landed between eight and ten thousand. Always seems to win. I'd give a lot to keep him out of it; but since his deal in May wheat he's been getting into it more and more."

"Did he sell that property on Washington Street?" she inquired.

"Oh," exclaimed her husband, "I'd forgot. I meant to tell you. No, he didn't sell it. But he did better. He wouldn't sell, and those department store people took a lease. Guess what they pay him. Three hundred thousand a year. 'J.' is getting richer all the time, and why he can't be satisfied with his own business instead of monkeying 'round La Salle Street is a mystery to me."

But, as Mrs. Cressler was about to reply, Laura came to the open window of the parlour.

"Oh, Mrs. Cressler," she called, "I don't seem to find your 'Idylls' after all. I thought they were in the little book-case."

"Wait. I'll find them for you," exclaimed Mrs. Cressler.

"Would you mind?" answered Laura, as Mrs. Cressler rose.

Inside, the gas had not been lighted. The library was dark and cool, and when Mrs. Cressler had found the book for Laura the girl pleaded a headache as an excuse for remaining within. The two sat down by the raised sash of a window at the side of the house, that overlooked the "side yard," where the morning-glories and nasturtiums were in full bloom.

"The house is cooler, isn't it?" observed Mrs. Cressler.

Laura settled herself in her wicker chair, and with a gesture that of late had become habitual with her pushed her heavy coils of hair to one side and patted them softly to place.

"It is getting warmer, I do believe," she said, rather listlessly. "I understand it is to be a very hot summer." Then she added, "I'm to be married in July, Mrs. Cressler."

Mrs. Cressler gasped, and sitting bolt upright stared for one breathless instant at Laura's face, dimly visible in the darkness. Then, stupefied, she managed to vociferate:

"What! Laura! Married? My darling girl!"

"Yes," answered Laura calmly. "In July—or maybe sooner."

"Why, I thought you had rejected Mr. Corthell. I thought that's why he went away."

"Went away? He never went away. I mean it's not Mr. Corthell. It's Mr. Jadwin."

"Thank God!" declared Mrs. Cressler fervently, and with the words kissed Laura on both cheeks. "My dear, dear child, you can't tell how glad I am. From the very first I've said you were made for one another. And I thought all the time that you'd told him you wouldn't have him."

"I did," said Laura. Her manner was quiet. She seemed a little grave. "I told him I did not love him. Only last week I told him so."

"Well, then, why did you promise?"

"My goodness!" exclaimed Laura, with a show of animation. "You don't realize what it's been. Do you suppose you can say 'no' to that man?"

"Of course not, of course not," declared Mrs. Cressler joyfully. "That's 'J.' all over. I might have known he'd have you if he set out to do it."

"Morning, noon, and night," Laura continued. "He seemed willing to wait as long as I wasn't definite; but one day I wrote to him and gave him a square 'No,' so as he couldn't mistake, and just as soon as I'd said that he—he—began. I didn't have any peace until I'd promised him, and the moment I had promised he had a ring on my finger. He'd had it ready in his pocket for weeks it seems. No," she explained, as Mrs. Cressler laid her fingers upon her left hand, "That I would not have—yet."

"Oh, it was like 'J.' to be persistent," repeated Mrs. Cressler.

"Persistent!" murmured Laura. "He simply wouldn't talk of anything else. It was making him sick, he said. And he did have a fever—often. But he would come out to see me just the same. One night, when it was pouring rain—Well, I'll tell you. He had been to dinner with us, and afterwards, in the drawing-room, I told him 'no' for the hundredth time just as plainly as I could, and he went away early—it wasn't eight. I thought that now at last he had given up. But he was back again before ten the same evening. He said he had come back to return a copy of a book I had loaned him—'Jane Eyre' it was. Raining! I never saw it rain as it did that night. He was drenched, and even at dinner he had had a low fever. And then I was sorry for him. I told him he could come to see me again. I didn't propose to have him come down with pneumonia, or typhoid, or something. And so it all began over again."

"But you loved him, Laura?" demanded Mrs. Cressler. "You love him now?"

Laura was silent. Then at length:

"I don't know," she answered.

"Why, of course you love him, Laura," insisted Mrs. Cressler. "You wouldn't have promised him if you hadn't. Of course you love him, don't you?"

"Yes, I—I suppose I must love him, or—as you say—I wouldn't have promised to marry him. He does everything, every little thing I say. He just seems to think of nothing else but to please me from morning until night. And when I finally said I would marry him, why, Mrs. Cressler, he choked all up, and the tears ran down his face, and all he could say was, 'May God bless you! May God bless you!' over and over again, and his hand shook so that—Oh, well," she broke off abruptly. Then added, "Somehow it makes tears come to my eyes to think of it."

"But, Laura," urged Mrs. Cressler, "you love Curtis, don't you? You—you're such a strange girl sometimes. Dear child, talk to me as though I were your mother. There's no one in the world loves you more than I do. You love Curtis, don't you?"

Laura hesitated a long moment.

"Yes," she said, slowly at length. "I think I love him very much—sometimes. And then sometimes I think I don't. I can't tell. There are days when I'm sure of it, and there are others when I wonder if I want to be married, after all. I thought when love came it was to be—oh, uplifting, something glorious like Juliet's love or Marguerite's. Something that would—" Suddenly she struck her hand to her breast, her fingers shut tight, closing to a fist. "Oh, something that would shake me all to pieces. I thought that was the only kind of love there was."

"Oh, that's what you read about in trashy novels," Mrs. Cressler assured her, "or the kind you see at the matinees. I wouldn't let that bother me, Laura. There's no doubt that 'J.' loves you."

Laura brightened a little. "Oh, no," she answered, "there's no doubt about that. It's splendid, that part of it. He seems to think there's nothing in the world too good for me. Just imagine, only yesterday I was saying something about my gloves, I really forget what—something about how hard it was for me to get the kind of gloves I liked. Would you believe it, he got me to give him my measure, and when I saw him in the evening he told me he had cabled to Brussels to some famous glovemaker and had ordered I don't know how many pairs."

"Just like him, just like him!" cried Mrs. Cressler. "I know you will be happy, Laura, dear. You can't help but be with a man who loves you as 'J.' does."

"I think I shall be happy," answered Laura, suddenly grave. "Oh, Mrs. Cressler, I want to be. I hope that I won't come to myself some day, after it is too late, and find that it was all a mistake." Her voice shook a little. "You don't know how nervous I am these days. One minute I am one kind of girl, and the next another kind. I'm so nervous and—oh, I don't know. Oh, I guess it will be all right." She wiped her eyes, and laughed a note. "I don't see why I should cry about it," she murmured.

"Well, Laura," answered Mrs. Cressler, "if you don't love Curtis, don't marry him. That's very simple."

"It's like this, Mrs. Cressler," Laura explained. "I suppose I am very uncharitable and unchristian, but I like the people that like me, and I hate those that don't like me. I can't help it. I know it's wrong, but that's the way I am. And I love to be loved. The man that would love me the most would make me love him. And when Mr. Jadwin seems to care so much, and do so much, and—you know how I mean; it does make a difference of course. I suppose I care as much for Mr. Jadwin as I ever will care for any man. I suppose I must be cold and unemotional."

Mrs. Cressler could not restrain a movement of surprise.

"You unemotional? Why, I thought you just said, Laura, that you had imagined love would be like Juliet and like that girl in 'Faust'—that it was going to shake you all to pieces."

"Did I say that? Well, I told you I was one girl one minute and another another. I don't know myself these days. Oh, hark," she said, abruptly, as the cadence of hoofs began to make itself audible from the end of the side street. "That's the team now. I could recognise those horses' trot as far as I could hear it. Let's go out. I know he would like to have me there when he drives up. And you know"—she put her hand on Mrs. Cressler's arm as the two moved towards the front door—"this is all absolutely a secret as yet."

"Makes them worse—when I open my mouth—I've got the hiccoughs."

Aunt Wess' flounced back in her seat, exasperated, out of sorts.

"Well, my word," she murmured to herself, "I never saw such girls."

"Preserve to our use the kindly fruits of the earth," continued Page.

Isabel Gretry's hiccoughs drove Aunt Wess' into "the fidgets." They "got on her nerves." What with them and Page's uninterrupted murmur, she was at length obliged to sit in the far end of the pew, and just as she had settled herself a second time the door of the vestry room opened and the wedding party came out; first Mrs. Cressler, then Laura, then Jadwin and Cressler, and then, robed in billowing white, venerable, his prayer book in his hand, the bishop of the diocese himself. Last of all came the clerk, osseous, perfumed, a gardenia in the lapel of his frock coat, terribly excited, and hurrying about on tiptoe, saying "Sh! Sh!" as a matter of principle.

Jadwin wore a new frock coat and a resplendent Ascot scarf, which Mr. Cressler had bought for him and Page knew at a glance that he was agitated beyond all measure, and was keeping himself in hand only by a tremendous effort. She could guess that his teeth were clenched. He stood by Cressler's side, his head bent forward, his hands—the fingers incessantly twisting and untwisting—clasped behind his back. Never for once did his eyes leave Laura's face.

She herself was absolutely calm, only a little paler perhaps than usual; but never more beautiful, never more charming. Abandoning for this once her accustomed black, she wore a tan travelling dress, tailor made, very smart, a picture hat with heavy plumes set off with a clasp of rhinestones, while into her belt was thrust a great bunch of violets. She drew off her gloves and handed them to Mrs. Cressler. At the same moment Page began to cry softly to herself.

"There's the last of Laura," she whimpered. "There's the last of my dear sister for me."

Aunt Wess' fixed her with a distressful gaze. She sniffed once or twice, and then began fumbling in her reticule for her handkerchief.

"If only her dear father were here," she whispered huskily. "And to think that's the same little girl I used to rap on the head with my thimble for annoying the cat! Oh, if Jonas could be here this day."

"She'll never be the same to me after now," sobbed Page, and as she spoke the Gretry girl, hypnotised with emotion and taken all unawares, gave vent to a shrill hiccough, a veritable yelp, that woke an explosive echo in every corner of the building.

Page could not restrain a giggle, and the giggle strangled with the sobs in her throat, so that the little girl was not far from hysterics.

And just then a sonorous voice, magnificent, orotund, began suddenly from the chancel with the words:

"Dearly beloved, we are gathered together here in the sight of God, and in the face of this company to join together this Man and this Woman in holy matrimony."

Promptly a spirit of reverence, not to say solemnity, pervaded the entire surroundings. The building no longer appeared secular, unecclesiastical. Not in the midst of all the pomp and ceremonial of the Easter service had the chancel and high altar disengaged a more compelling influence. All other intrusive noises died away; the organ was hushed; the fussy janitor was nowhere in sight; the outside clamour of the city seemed dwindling to the faintest, most distant vibration; the whole world was suddenly removed, while the great moment in the lives of the Man and the Woman began.

Page held her breath; the intensity of the situation seemed to her, almost physically, straining tighter and tighter with every passing instant. She was awed, stricken; and Laura appeared to her to be all at once a woman transfigured, semi-angelic, unknowable, exalted. The solemnity of those prolonged, canorous syllables: "I require and charge you both, as ye shall answer at the dreadful day of judgment, when the secrets of all hearts shall be disclosed," weighed down upon her spirits with an almost intolerable majesty. Oh, it was all very well to speak lightly of marriage, to consider it in a vein of mirth. It was a pretty solemn affair, after all; and she herself, Page Dearborn, was a wicked, wicked girl, full of sins, full of deceits and frivolities, meriting of punishment—on "that dreadful day of judgment." Only last week she had deceived Aunt Wess' in the matter of one of her "young men." It was time she stopped. To-day would mark a change. Henceforward, she resolved, she would lead a new life.

"God the Father, God the Son, and God the Holy Ghost …"

To Page's mind the venerable bishop's voice was filling all the church, as on the day of Pentecost, when the apostles received the Holy Ghost, the building was filled with a "mighty rushing wind."

She knelt down again, but could not bring herself to close her eyes completely. From under her lids she still watched her sister and Jadwin. How Laura must be feeling now! She was, in fact, very pale. There was emotion in Jadwin's eyes. Page could see them plainly. It seemed beautiful that even he, the strong, modern man-of-affairs, should be so moved. How he must love Laura. He was fine, he was noble; and all at once this fineness and nobility of his so affected her that she began to cry again. Then suddenly came the words:

"… That in the world to come ye may have life everlasting. Amen."

There was a moment's silence, then the group about the altar rail broke up.

"Come," said Aunt Wess', getting to her feet, "it's all over, Page. Come, and kiss your sister—Mrs. Jadwin."

In the vestry room Laura stood for a moment, while one after another of the wedding party—even Mr. Cressler—kissed her. When Page's turn came, the two sisters held each other in a close embrace a long moment, but Laura's eyes were always dry. Of all present she was the least excited.

"Here's something," vociferated the ubiquitous clerk, pushing his way forward. "It was on the table when we came out just now. The sexton says a messenger boy brought it. It's for Mrs. Jadwin."

He handed her a large box. Laura opened it. Inside was a great sheaf of Jacqueminot roses and a card, on which was written:

"May that same happiness which you have always inspired in the lives and memories of all who know you be with you always.

"Yrs. S. C."

The party, emerging from the church, hurried across the street to the Dearborns' home, where Laura and Jadwin were to get their valises and hand bags. Jadwin's carriage was already at the door.

They all assembled in the parlor, every one talking at once, while the servants, bare-headed, carried the baggage down to the carriage.

"Oh, wait—wait a minute, I'd forgotten something," cried Laura.

"What is it? Here, I'll get it for you," cried Jadwin and Cressler as she started toward the door. But she waved them off, crying:

"No, no. It's nothing. You wouldn't know where to look."

Alone she ran up the stairs, and gained the second story; then paused a moment on the landing to get her breath and to listen. The rooms near by were quiet, deserted. From below she could hear the voices of the others—their laughter and gaiety. She turned about, and went from room to room, looking long into each; first Aunt Wess's bedroom, then Page's, then the "front sitting-room," then, lastly, her own room. It was still in the disorder caused by that eventful morning; many of the ornaments—her own cherished knick-knacks—were gone, packed and shipped to her new home the day before. Her writing-desk and bureau were bare. On the backs of chairs, and across the footboard of the bed, were the odds and ends of dress she was never to wear again.

For a long time Laura stood looking silently at the empty room. Here she had lived the happiest period of her life; not an object there, however small, that was not hallowed by association. Now she was leaving it forever. Now the new life, the Untried, was to begin. Forever the old days, the old life were gone. Girlhood was gone; the Laura Dearborn that only last night had pressed the pillows of that bed, where was she now? Where was the little black-haired girl of Barrington?

And what was this new life to which she was going forth, under these leaden skies, under this warm mist of rain? The tears—at last—were in her eyes, and the sob in her throat, and she found herself, as she leaned an arm upon the lintel of the door, whispering:

"Good-by. Good-by. Good-by."

Then suddenly Laura, reckless of her wedding finery, forgetful of trivialities, crossed the room and knelt down at the side of the bed. Her head in her folded arms, she prayed—prayed in the little unstudied words of her childhood, prayed that God would take care of her and make her a good girl; prayed that she might be happy; prayed to God to help her in the new life, and that she should be a good and loyal wife.

And then as she knelt there, all at once she felt an arm, strong, heavy even, laid upon her. She raised her head and looked—for the first time—direct into her husband's eyes.

"I knew—" began Jadwin. "I thought—Dear, I understand, I understand."

He said no more than that. But suddenly Laura knew that he, Jadwin, her husband, did "understand," and she discovered, too, in that moment just what it meant to be completely, thoroughly understood—understood without chance of misapprehension, without shadow of doubt; understood to her heart's heart. And with the knowledge a new feeling was born within her. No woman, not her dearest friend; not even Page had ever seemed so close to her as did her husband now. How could she be unhappy henceforward? The future was already brightening.

Suddenly she threw both arms around his neck, and drawing his face down to her, kissed him again and again, and pressed her wet cheek to his—tear-stained like her own.

"It's going to be all right, dear," he said, as she stood from him, though still holding his hand. "It's going to be all right."

"Yes, yes, all right, all right," she assented. "I never seemed to realise it till this minute. From the first I must have loved you without knowing it. And I've been cold and hard to you, and now I'm sorry, sorry. You were wrong, remember that time in the library, when you said I was undemonstrative. I'm not. I love you dearly, dearly, and never for once, for one little moment, am I ever going to allow you to forget it."

Suddenly, as Jadwin recalled the incident of which she spoke, an idea occurred to him.

"Oh, our bargain—remember? You didn't forget after all."

"I did. I did," she cried. "I did forget it. That's the very sweetest thing about it."

VI

The months passed. Soon three years had gone by, and the third winter since the ceremony in St. James' Church drew to its close.

Since that day when—acting upon the foreknowledge of the French import duty—Jadwin had sold his million of bushels short, the price of wheat had been steadily going down. From ninety-three and ninety-four it had dropped to the eighties. Heavy crops the world over had helped the decline. No one was willing to buy wheat. The Bear leaders were strong, unassailable. Lower and lower sagged the price; now it was seventy-five, now seventy-two. From all parts of the country in solid, waveless tides wheat—the mass of it incessantly crushing down the price—came rolling in upon Chicago and the Board of Trade Pit. All over the world the farmers saw season after season of good crops. They were good in the Argentine Republic, and on the Russian steppes. In India, on the little farms of Burmah, of Mysore, and of Sind the grain, year after year, headed out fat, heavy, and well-favoured. In the great San Joaquin valley of California the ranches were one welter of fertility. All over the United States, from the Dakotas, from Nebraska, Iowa, Kansas, and Illinois, from all the wheat belt came steadily the reports of good crops.

But at the same time the low price of grain kept the farmers poor. New mortgages were added to farms already heavily "papered"; even the crops were mortgaged in advance. No new farm implements were bought. Throughout the farming communities of the "Middle West" there were no longer purchases of buggies and parlour organs. Somewhere in other remoter corners of the world the cheap wheat, that meant cheap bread, made living easy and induced prosperity, but in the United States the poverty of the farmer worked upward through the cogs and wheels of the whole great machine of business. It was as though a lubricant had dried up. The cogs and wheels worked slowly and with dislocations. Things were a little out of joint. Wall Street stocks were down. In a word, "times were bad." Thus for three years. It became a proverb on the Chicago Board of Trade that the quickest way to make money was to sell wheat short. One could with almost absolute certainty be sure of buying cheaper than one had sold. And that peculiar, indefinite thing known—among the most unsentimental men in the world—as "sentiment," prevailed more and more strongly in favour of low prices. "The 'sentiment,'" said the market reports, "was bearish"; and the traders, speculators, eighth-chasers, scalpers, brokers, bucket-shop men, and the like—all the world of La Salle Street—had become so accustomed to these "Bear conditions," that it was hard to believe that they would not continue indefinitely.

Jadwin, inevitably, had been again drawn into the troubled waters of the Pit. Always, as from the very first, a Bear, he had once more raided the market, and had once more been successful. Two months after this raid he and Gretry planned still another coup, a deal of greater magnitude than any they had previously hazarded. Laura, who knew very little of her husband's affairs—to which he seldom alluded—saw by the daily papers that at one stage of the affair the "deal" trembled to its base.

But Jadwin was by now "blooded to the game." He no longer needed Gretry's urging to spur him. He had developed into a strategist, bold, of inconceivable effrontery, delighting in the shock of battle, never more jovial, more daring than when under stress of the most merciless attack. On this occasion, when the "other side" resorted to the usual tactics to drive him from the Pit, he led on his enemies to make one single false step. Instantly—disregarding Gretry's entreaties as to caution—Jadwin had brought the vast bulk of his entire fortune to bear, in the manner of a general concentrating his heavy artillery, and crushed the opposition with appalling swiftness.

He issued from the grapple triumphantly, and it was not till long afterward that Laura knew how near, for a few hours, he had been to defeat.

And again the price of wheat declined. In the first week in April, at the end of the third winter of Jadwin's married life, May wheat was selling on the floor of the Chicago Board of Trade at sixty-four, the July option at sixty-five, the September at sixty-six and an eighth. During February of the same year Jadwin had sold short five hundred thousand bushels of May. He believed with Gretry and with the majority of the professional traders that the price would go to sixty.

March passed without any further decline. All through this month and through the first days of April Jadwin was unusually thoughtful. His short wheat gave him no concern. He was now so rich that a mere half-million bushels was not a matter for anxiety. It was the "situation" that arrested his attention.

In some indefinable way, warned by that blessed sixth sense that had made him the successful speculator he was, he felt that somewhere, at some time during the course of the winter, a change had quietly, gradually come about, that it was even then operating. The conditions that had prevailed so consistently for three years, were they now to be shifted a little? He did not know, he could not say. But in the plexus of financial affairs in which he moved and lived he felt—a difference.

For one thing "times" were better, business was better. He could not fail to see that trade was picking up. In dry goods, in hardware, in manufactures there seemed to be a different spirit, and he could imagine that it was a spirit of optimism. There, in that great city where the Heart of the Nation beat, where the diseases of the times, or the times' healthful activities were instantly reflected, Jadwin sensed a more rapid, an easier, more untroubled run of life blood. All through the Body of Things, money, the vital fluid, seemed to be flowing more easily. People seemed richer, the banks were lending more, securities seemed stable, solid. In New York, stocks were booming. Men were making money—were making it, spending it, lending it, exchanging it. Instead of being congested in vaults, safes, and cash boxes, tight, hard, congealed, it was loosening, and, as it were, liquefying, so that it spread and spread and permeated the entire community. The People had money. They were willing to take chances.

So much for the financial conditions.

The spring had been backward, cold, bitter, inhospitable, and Jadwin began to suspect that the wheat crop of his native country, that for so long had been generous, and of excellent quality, was now to prove—it seemed quite possible—scant and of poor condition. He began to watch the weather, and to keep an eye upon the reports from the little county seats and "centres" in the winter wheat States. These, in part, seemed to confirm his suspicions.

From Keokuk, in Iowa, came the news that winter wheat was suffering from want of moisture. Benedict, Yates' Centre, and Douglass, in southeastern Kansas, sent in reports of dry, windy weather that was killing the young grain in every direction, and the same conditions seemed to prevail in the central counties. In Illinois, from Quincy and Waterloo in the west, and from Ridgway in the south, reports came steadily to hand of freezing weather and bitter winds. All through the lower portions of the State the snowfall during the winter had not been heavy enough to protect the seeded grain. But the Ohio crop, it would appear, was promising enough, as was also that of Missouri. In Indiana, however, Jadwin could guess that the hopes of even a moderate yield were fated to be disappointed; persistent cold weather, winter continuing almost up to the first of April, seemed to have definitely settled the question.

But more especially Jadwin watched Nebraska, that State which is one single vast wheat field. How would Nebraska do, Nebraska which alone might feed an entire nation? County seat after county seat began to send in its reports. All over the State the grip of winter held firm even yet. The wheat had been battered by incessant gales, had been nipped and harried by frost; everywhere the young half-grown grain seemed to be perishing. It was a massacre, a veritable slaughter.

But, for all this, nothing could be decided as yet. Other winter wheat States, from which returns were as yet only partial, might easily compensate for the failures elsewhere, and besides all that, the Bears of the Board of Trade might keep the price inert even in face of the news of short yields. As a matter of fact, the more important and stronger Bear traders were already piping their usual strain. Prices were bound to decline, the three years, sagging was not over yet. They, the Bears, were too strong; no Bull news could frighten them. Somehow there was bound to be plenty of wheat. In face of the rumours of a short crop they kept the price inert, weak.

On the tenth of April came the Government report on the condition of winter wheat. It announced an average far below any known for ten years past. On March tenth the same bulletin had shown a moderate supply in farmers' hands, less than one hundred million bushels in fact, and a visible supply of less than forty millions.

The Bear leaders promptly set to work to discount this news. They showed how certain foreign conditions would more than offset the effect of a poor American harvest. They pointed out the fact that the Government report on condition was brought up only to the first of April, and that since that time the weather in the wheat belt had been favorable beyond the wildest hopes.

The April report was made public on the afternoon of the tenth of the month. That same evening Jadwin invited Gretry and his wife to dine at the new house on North Avenue; and after dinner, leaving Mrs. Gretry and Laura in the drawing-room, he brought the broker up to the billiard-room for a game of pool.

But when Gretry had put the balls in the triangle, the two men did not begin to play at once. Jadwin had asked the question that had been uppermost in the minds of each during dinner.

"Well, Sam," he had said, by way of a beginning, "what do you think of this Government report?"

The broker chalked his cue placidly.

"I expect there'll be a bit of reaction on the strength of it, but the market will go off again. I said wheat would go to sixty, and I still say it. It's a long time between now and May."

"I wasn't thinking of crop conditions only," observed Jadwin. "Sam, we're going to have better times and higher prices this summer."

Gretry shook his head and entered into a long argument to show that Jadwin was wrong.

But Jadwin refused to be convinced. All at once he laid the flat of his hand upon the table.

"Sam, we've touched bottom," he declared, "touched bottom all along the line. It's a paper dime to the Sub-Treasury."

"I don't care about the rest of the line," said the broker doggedly, sitting on the edge of the table, "wheat will go to sixty." He indicated the nest of balls with a movement of his chin. "Will you break?"

Jadwin broke and scored, leaving one ball three inches in front of a corner pocket. He called the shot, and as he drew back his cue he said, deliberately:

"Just as sure as I make this pocket wheat will—not go—off—another—cent."

With the last word he drove the ball home and straightened up. Gretry laid down his cue and looked at him quickly. But he did not speak. Jadwin sat down on one of the straight-backed chairs upon the raised platform against the wall and rested his elbows upon his knees.

"Sam," he said, "the time is come for a great big change." He emphasised the word with a tap of his cue upon the floor. "We can't play our game the way we've been playing it the last three years. We've been hammering wheat down and down and down, till we've got it below the cost of production; and now she won't go any further with all the hammering in the world. The other fellows, the rest of this Bear crowd, don't seem to see it, but I see it. Before fall we're going to have higher prices. Wheat is going up, and when it does I mean to be right there."

"We're going to have a dull market right up to the beginning of winter," persisted the other.

"Come and say that to me at the beginning of winter, then," Jadwin retorted. "Look here, Sam, I'm short of May five hundred thousand bushels, and to-morrow morning you are going to send your boys on the floor for me and close that trade."

"You're crazy, J.," protested the broker. "Hold on another month, and I promise you, you'll thank me."

"Not another day, not another hour. This Bear campaign of ours has come to an end. That's said and signed."

"Why, it's just in its prime," protested the broker. "Great heavens, you mustn't get out of the game now, after hanging on for three years."

"I'm not going to get out of it."

"Why, good Lord!" said Gretry, "you don't mean to say that—"

"That I'm going over. That's exactly what I do mean. I'm going to change over so quick to the other side that I'll be there before you can take off your hat. I'm done with a Bear game. It was good while it lasted, but we've worked it for all there was in it. I'm not only going to cover my May shorts and get out of that trade, but"—Jadwin leaned forward and struck his hand upon his knee—"but I'm going to buy. I'm going to buy September wheat, and I'm going to buy it to-morrow, five hundred thousand bushels of it, and if the market goes as I think it will later on, I'm going to buy more. I'm no Bear any longer. I'm going to boost this market right through till the last bell rings; and from now on Curtis Jadwin spells B-u-double l—Bull."

"They'll slaughter you," said Gretry, "slaughter you in cold blood. You're just one man against a gang—a gang of cutthroats. Those Bears have got millions and millions back of them. You don't suppose, do you, that old man Crookes, or Kenniston, or little Sweeny, or all that lot would give you one little bit of a chance for your life if they got a grip on you. Cover your shorts if you want to, but, for God's sake, don't begin to buy in the same breath. You wait a while. If this market has touched bottom, we'll be able to tell in a few days. I'll admit, for the sake of argument, that just now there's a pause. But nobody can tell whether it will turn up or down yet. Now's the time to be conservative, to play it cautious."

"If I was conservative and cautious," answered Jadwin, "I wouldn't be in this game at all. I'd be buying U.S. four percents. That's the big mistake so many of these fellows down here make. They go into a game where the only ones who can possibly win are the ones who take big chances, and then they try to play the thing cautiously. If I wait a while till the market turns up and everybody is buying, how am I any the better off? No, sir, you buy the September option for me to-morrow—five hundred thousand bushels. I deposited the margin to your credit in the Illinois Trust this afternoon."

There was a long silence. Gretry spun a ball between his fingers, top-fashion.

"Well," he said at last, hesitatingly, "well—I don't know, J.—you are either Napoleonic—or—or a colossal idiot."

"Neither one nor the other, Samuel. I'm just using a little common sense.... Is it your shot?"

"I'm blessed if I know."

"Well, we'll start a new game. Sam, I'll give you six balls and beat you in"—he looked at his watch—"beat you before half-past nine."

"For a dollar?"

"I never bet, Sam, and you know it."

Half an hour later Jadwin said:

"Shall we go down and join the ladies? Don't put out your cigar. That's one bargain I made with Laura before we moved in here—that smoking was allowable everywhere."

"Room enough, I guess," observed the broker, as the two stepped into the elevator. "How many rooms have you got here, by the way?"

"Upon my word, I don't know," answered Jadwin. "I discovered a new one yesterday. Fact. I was having a look around, and I came out into a little kind of smoking-room or other that, I swear, I'd never seen before. I had to get Laura to tell me about it."

The elevator sank to the lower floor, and Jadwin and the broker stepped out into the main hallway. From the drawing-room near by came the sound of women's voices.

"Before we go in," said Jadwin, "I want you to see our art gallery and the organ. Last time you were up, remember, the men were still at work in here."

They passed down a broad corridor, and at the end, just before parting the heavy, sombre curtains, Jadwin pressed a couple of electric buttons, and in the open space above the curtain sprang up a lambent, steady glow.

The broker, as he entered, gave a long whistle. The art gallery took in the height of two of the stories of the house. It was shaped like a rotunda, and topped with a vast airy dome of coloured glass. Here and there about the room were glass cabinets full of bibelots, ivory statuettes, old snuff boxes, fans of the sixteenth and seventeenth centuries. The walls themselves were covered with a multitude of pictures, oils, water-colours, with one or two pastels.

But to the left of the entrance, let into the frame of the building, stood a great organ, large enough for a cathedral, and giving to view, in the dulled incandescence of the electrics, its sheaves of mighty pipes.

"Well, this is something like," exclaimed the broker.

"I don't know much about 'em myself," hazarded Jadwin, looking at the pictures, "but Laura can tell you. We bought most of 'em while we were abroad, year before last. Laura says this is the best." He indicated a large "Bougereau" that represented a group of nymphs bathing in a woodland pool.

"H'm!" said the broker, "you wouldn't want some of your Sunday-school superintendents to see this now. This is what the boys down on the Board would call a bar-room picture."

But Jadwin did not laugh.

"It never struck me in just that way," he said, gravely.

"It's a fine piece of work, though," Gretry hastened to add. "Fine, great colouring."

"I like this one pretty well," continued Jadwin, moving to a canvas by Detaille. It was one of the inevitable studies of a cuirassier; in this case a trumpeter, one arm high in the air, the hand clutching the trumpet, the horse, foam-flecked, at a furious gallop. In the rear, through clouds of dust, the rest of the squadron was indicated by a few points of colour.

"Yes, that's pretty neat," concurred Gretry. "He's sure got a gait on. Lord, what a lot of accoutrements those French fellows stick on. Now our boys would chuck about three-fourths of that truck before going into action.... Queer way these artists work," he went on, peering close to the canvas. "Look at it close up and it's just a lot of little daubs, but you get off a distance"—he drew back, cocking his head to one side—"and you see now. Hey—see how the thing bunches up. Pretty neat, isn't it?" He turned from the picture and rolled his eyes about the room.

"Well, well," he murmured. "This certainly is the real thing, J. I suppose, now, it all represents a pretty big pot of money."

"I'm not quite used to it yet myself," said Jadwin. "I was in here last Sunday, thinking it all over, the new house, and the money and all. And it struck me as kind of queer the way things have turned out for me.... Sam, do you know, I can remember the time, up there in Ottawa County, Michigan, on my old dad's farm, when I used to have to get up before day-break to tend the stock, and my sister and I used to run out quick into the stable and stand in the warm cow fodder in the stalls to warm our bare feet.... She up and died when she was about eighteen—galloping consumption. Yes, sir. By George, how I loved that little sister of mine! You remember her, Sam. Remember how you used to come out from Grand Rapids every now and then to go squirrel shooting with me?"

The matter was yet in Gretry's mind while the party remained in the art gallery; and as they were returning to the drawing-room he detained Jadwin an instant.

"If you are set upon breaking your neck," he said, "you might tell me at what figure you want me to buy for you to-morrow."

"At the market," returned Jadwin. "I want to get into the thing quick."

A little later, when they had all reassembled in the drawing-room, and while Mrs. Gretry was telling an interminable story of how Isabel had all but asphyxiated herself the night before, a servant announced Landry Court, and the young man entered, spruce and debonair, a bouquet in one hand and a box of candy in the other.

Some days before this Page had lectured him solemnly on the fact that he was over-absorbed in business, and was starving his soul. He should read more, she told him, and she had said that if he would call upon her on this particular night, she would indicate a course of reading for him.

So it came about that, after a few moments, conversation with the older people in the drawing-room, the two adjourned to the library.

There, by way of a beginning, Page asked him what was his favourite character in fiction. She spoke of the beauty of Ruskin's thoughts, of the gracefulness of Charles Lamb's style. The conversation lagged a little. Landry, not to be behind her, declared for the modern novel, and spoke of the "newest book." But Page never read new books; she was not interested, and their talk, unable to establish itself upon a common ground, halted, and was in a fair way to end, until at last, and by insensible degrees, they began to speak of themselves and of each other. Promptly they were all aroused. They listened to one another's words with studious attention, answered with ever-ready promptness, discussed, argued, agreed, and disagreed over and over again.

Landry had said:

"When I was a boy, I always had an ambition to excel all the other boys. I wanted to be the best baseball player on the block—and I was, too. I could pitch three curves when I was fifteen, and I find I am the same now that I am a man grown. When I do a thing, I want to do it better than any one else. From the very first I have always been ambitious. It is my strongest trait. Now," he went on, turning to Page, "your strongest trait is your thoughtfulness. You are what they call introspective."

"Yes, yes," she answered. "Yes, I think so, too."

"You don't need the stimulation of competition. You are at your best when you are with just one person. A crowd doesn't interest you."

"I hate it," she exclaimed.

"Now with me, with a man of my temperament, a crowd is a real inspiration. When every one is talking and shouting around me, or to me, even, my mind works at its best. But," he added, solemnly, "it must be a crowd of men. I can't abide a crowd of women."

"They chatter so," she assented. "I can't either."

"But I find that the companionship of one intelligent, sympathetic woman is as much of a stimulus as a lot of men. It's funny, isn't it, that I should be like that?"

"Yes," she said, "it is funny—strange. But I believe in companionship. I believe that between man and woman that is the great thing—companionship. Love," she added, abruptly, and then broke off with a deep sigh. "Oh, I don't know," she murmured. "Do you remember those lines:

"Man's love is of his life a thing apart,

'Tis woman's whole existence.

Do you believe that?"

"Well," he asserted, gravely, choosing his words with deliberation, "it might be so, but all depends upon the man and woman. Love," he added, with tremendous gravity, "is the greatest power in the universe."

"I have never been in love," said Page. "Yes, love is a wonderful power."

"I've never been in love, either."

"Never, never been in love?"

"Oh, I've thought I was in love," he said, with a wave of his hand.

"I've never even thought I was," she answered, musing.

"Do you believe in early marriages?" demanded Landry.

"A man should never marry," she said, deliberately, "till he can give his wife a good home, and good clothes and—and that sort of thing. I do not think I shall ever marry."

"You! Why, of course you will. Why not?"

"No, no. It is my disposition. I am morose and taciturn. Laura says so."

Landry protested with vehemence.

"And," she went on, "I have long, brooding fits of melancholy."

"Well, so have I," he threw out recklessly. "At night, sometimes—when I wake up. Then I'm all down in the mouth, and I say, 'What's the use, by jingo?'"

"Do you believe in pessimism? I do. They say Carlyle was a terrible pessimist."

"Well—talking about love. I understand that you can't believe in pessimism and love at the same time. Wouldn't you feel unhappy if you lost your faith in love?"

"Oh, yes, terribly."

There was a moment's silence, and then Landry remarked:

"Now you are the kind of woman that would only love once, but love for that once mighty deep and strong."

Page's eyes grew wide. She murmured:

"'Tis a woman's whole existence—whole existence.' Yes, I think I am like that."

"Do you think Enoch Arden did right in going away after he found them married?"

"Oh, have you read that? Oh, isn't that a beautiful poem? Wasn't he noble? Wasn't he grand? Oh, yes, yes, he did right."

"By George, I wouldn't have gone away. I'd have gone right into that house, and I would have made things hum. I'd have thrown the other fellow out, lock, stock, and barrel."

"That's just like a man, so selfish, only thinking of himself. You don't know the meaning of love—great, true, unselfish love."

"I know the meaning of what's mine. Think I'd give up the woman I loved to another man?"

"Even if she loved the other man best?"

"I'd have my girl first, and find out how she felt about the other man afterwards."

"Oh, but think if you gave her up, how noble it would be. You would have sacrificed all that you held the dearest to an ideal. Oh, if I were in Enoch Arden's place, and my husband thought I was dead, and I knew he was happy with another woman, it would just be a joy to deny myself, sacrifice myself to spare him unhappiness. That would be my idea of love. Then I'd go into a convent."

"Not much. I'd let the other fellow go to the convent. If I loved a woman, I wouldn't let anything in the world stop me from winning her."

"You have so much determination, haven't you?" she said, looking at him.

Landry enlarged his shoulders a little and wagged his head.

"Well," he said, "I don't know, but I'd try pretty hard to get what I wanted, I guess."

"I love to see that characteristic in men," she observed. "Strength, determination."

"Just as a man loves to see a woman womanly," he answered. "Don't you hate strong-minded women?"

"Utterly."

"Now, you are what I would call womanly—the womanliest woman I've ever known."

"Oh, I don't know," she protested, a little confused.

"Yes, you are. You are beautifully womanly—and so high-minded and well read. It's been inspiring to me. I want you should know that. Yes, sir, a real inspiration. It's been inspiring, elevating, to say the least."

"I like to read, if that's what you mean," she hastened to say.

"By Jove, I've got to do some reading, too. It's so hard to find time. But I'll make time. I'll get that 'Stones of Venice' I've heard you speak of, and I'll sit up nights—and keep awake with black coffee—but I'll read that book from cover to cover."

"That's your determination again," Page exclaimed. "Your eyes just flashed when you said it. I believe if you once made up your mind to do a thing, you would do it, no matter how hard it was, wouldn't you?"

"Well, I'd—I'd make things hum, I guess," he admitted.

The next day was Easter Sunday, and Page came down to nine o'clock breakfast a little late, to find Jadwin already finished and deep in the pages of the morning paper. Laura, still at table, was pouring her last cup of coffee.

They were in the breakfast-room, a small, charming apartment, light and airy, and with many windows, one end opening upon the house conservatory. Jadwin was in his frock coat, which later he would wear to church. The famous gardenia was in his lapel. He was freshly shaven, and his fine cigar made a blue haze over his head. Laura was radiant in a white morning gown. A newly cut bunch of violets, large as a cabbage, lay on the table before her.

The whole scene impressed itself sharply upon Page's mind—the fine sunlit room, with its gay open spaces and the glimpse of green leaves from the conservatory, the view of the smooth, trim lawn through the many windows, where an early robin, strayed from the park, was chirruping and feeding; her beautiful sister Laura, with her splendid, overshadowing coiffure, her pale, clear skin, her slender figure; Jadwin, the large, solid man of affairs, with his fine cigar, his gardenia, his well-groomed air. And then the little accessories that meant so much—the smell of violets, of good tobacco, of fragrant coffee; the gleaming damasks, china and silver of the breakfast table; the trim, fresh-looking maid, with her white cap, apron, and cuffs, who came and went; the thoroughbred setter dozing in the sun, and the parrot dozing and chuckling to himself on his perch upon the terrace outside the window.

At the bottom of the lawn was the stable, and upon the concrete in front of its wide-open door the groom was currying one of the carriage horses. While Page addressed herself to her fruit and coffee, Jadwin put down his paper, and, his elbows on the arms of his rattan chair, sat for a long time looking out at the horse. By and by he got up and said:

"That new feed has filled 'em out in good shape. Think I'll go out and tell Jarvis to try it on the buggy team." He pushed open the French windows and went out, the setter sedately following.

Page dug her spoon into her grape-fruit, then suddenly laid it down and turned to Laura, her chin upon her palm.

"Laura," she said, "do you think I ought to marry—a girl of my temperament?"

"Marry?" echoed Laura.

"Sh-h!" whispered Page. "Laura—don't talk so loud. Yes, do you?"

"Well, why not marry, dearie? Why shouldn't you marry when the time comes? Girls as young as you are not supposed to have temperaments."

But instead of answering Page put another question:

"Laura, do you think I am womanly?"

"I think sometimes, Page, that you take your books and your reading too seriously. You've not been out of the house for three days, and I never see you without your note-books and text-books in your hand. You are at it, dear, from morning till night. Studies are all very well—"

"Oh, studies!" exclaimed Page. "I hate them. Laura, what is it to be womanly?"

"To be womanly?" repeated Laura. "Why, I don't know, honey. It's to be kind and well-bred and gentle mostly, and never to be bold or conspicuous—and to love one's home and to take care of it, and to love and believe in one's husband, or parents, or children—or even one's sister—above any one else in the world."

"I think that being womanly is better than being well read," hazarded Page.

"We can be both, Page," Laura told her. "But, honey, I think you had better hurry through your breakfast. If we are going to church this Easter, we want to get an early start. Curtis ordered the carriage half an hour earlier."

"Breakfast!" echoed Page. "I don't want a thing." She drew a deep breath and her eyes grew large. "Laura," she began again presently, "Laura … Landry Court was here last night, and—oh, I don't know, he's so silly. But he said—well, he said this—well, I said that I understood how he felt about certain things, about 'getting on,' and being clean and fine and all that sort of thing you know; and then he said, 'Oh, you don't know what it means to me to look into the eyes of a woman who really understands.'"

"Did he?" said Laura, lifting her eyebrows.

"Yes, and he seemed so fine and earnest. Laura, wh—" Page adjusted a hairpin at the back of her head, and moved closer to Laura, her eyes on the floor. "Laura—what do you suppose it did mean to him—don't you think it was foolish of him to talk like that?"

"Not at all," Laura said, decisively. "If he said that he meant it—meant that he cared a great deal for you."

"Oh, I didn't mean that!" shrieked Page. "But there's a great deal more to Landry than I think we've suspected. He wants to be more than a mere money-getting machine, he says, and he wants to cultivate his mind and understand art and literature and that. And he wants me to help him, and I said I would. So if you don't mind, he's coming up here certain nights every week, and we're going to—I'm going to read to him. We're going to begin with the 'Ring and the Book.'"

In the later part of May, the weather being unusually hot, the Jadwins, taking Page with them, went up to Geneva Lake for the summer, and the great house fronting Lincoln Park was deserted.

Laura had hoped that now her husband would be able to spend his entire time with her, but in this she was disappointed. At first Jadwin went down to the city but two days a week, but soon this was increased to alternate days. Gretry was a frequent visitor at the country house, and often he and Jadwin, their rocking-chairs side by side in a remote corner of the porch, talked "business" in low tones till far into the night.

"Dear," said Laura, finally, "I'm seeing less and less of you every day, and I had so looked forward to this summer, when we were to be together all the time."

"I hate it as much as you do, Laura," said her husband. "But I do feel as though I ought to be on the spot just for now. I can't get it out of my head that we're going to have livelier times in a few months."

"But even Mr. Gretry says that you don't need to be right in your office every minute of the time. He says you can manage your Board of Trade business from out here just as well, and that you only go into town because you can't keep away from La Salle Street and the sound of the Wheat Pit."

Was this true? Jadwin himself had found it difficult to answer. There had been a time when Gretry had been obliged to urge and coax to get his friend to so much as notice the swirl of the great maelstrom in the Board of Trade Building. But of late Jadwin's eye and ear were forever turned thitherward, and it was he, and no longer Gretry, who took initiatives.

Meanwhile he was making money. As he had predicted, the price of wheat had advanced. May had been a fair-weather month with easy prices, the monthly Government report showing no loss in the condition of the crop. Wheat had gone up from sixty to sixty-six cents, and at a small profit Jadwin had sold some two hundred and fifty thousand bushels. Then had come the hot weather at the end of May. On the floor of the Board of Trade the Pit traders had begun to peel off their coats. It began to look like a hot June, and when cash wheat touched sixty-eight, Jadwin, now more than ever convinced of a coming Bull market, bought another five hundred thousand bushels.

This line he added to in June. Unfavorable weather—excessive heat, followed by flooding rains—had hurt the spring wheat, and in every direction there were complaints of weevils and chinch bugs. Later on other deluges had discoloured and damaged the winter crop. Jadwin was now, by virtue of his recent purchases, "long" one million bushels, and the market held firm at seventy-two cents—a twelve-cent advance in two months.

"She'll react," warned Gretry, "sure. Crookes and Sweeny haven't taken a hand yet. Look out for a heavy French crop. We'll get reports on it soon now. You're playing with a gun, J., that kicks further than it shoots."

"We've not shot her yet," Jadwin said. "We're only just loading her—for Bears," he added, with a wink.

In July came the harvesting returns from all over the country, proving conclusively that for the first time in six years, the United States crop was to be small and poor. The yield was moderate. Only part of it could be graded as "contract." Good wheat would be valuable from now on. Jadwin bought again, and again it was a "lot" of half a million bushels.

Then came the first manifestation of that marvellous golden luck that was to follow Curtis Jadwin through all the coming months. The French wheat crop was announced as poor. In Germany the yield was to be far below the normal. All through Hungary the potato and rye crops were light.

About the middle of the month Jadwin again called the broker to his country house, and took him for a long evening's trip around the lake, aboard the "Thetis." They were alone. MacKenny was at the wheel, and, seated on camp stools in the stern of the little boat, Jadwin outlined his plans for the next few months.

"Sam," he said, "I thought back in April there that we were to touch top prices about the first of this month, but this French and German news has coloured the cat different. I've been figuring that I would get out of this market around the seventies, but she's going higher. I'm going to hold on yet awhile."

"You do it on your own responsibility, then," said the broker. "I warn you the price is top heavy."

"Not much. Seventy-two cents is too cheap. Now I'm going into this hard; and I want to have my own lines out—to be independent of the trade papers that Crookes could buy up any time he wants to. I want you to get me some good, reliable correspondents in Europe; smart, bright fellows that we can depend on. I want one in Liverpool, one in Paris, and one in Odessa, and I want them to cable us about the situation every day."

Gretry thought a while.

"Well," he said, at length, "… yes. I guess I can arrange it. I can get you a good man in Liverpool—Traynard is his name—and there's two or three in Paris we could pick up. Odessa—I don't know. I couldn't say just this minute. But I'll fix it."

These correspondents began to report at the end of July. All over Europe the demand for wheat was active. Grain handlers were not only buying freely, but were contracting for future delivery. In August came the first demands for American wheat, scattered and sporadic at first, then later, a little, a very little more insistent.

Thus the summer wore to its end. The fall "situation" began slowly to define itself, with eastern Europe—densely populated, overcrowded—commencing to show uneasiness as to its supply of food for the winter; and with but a moderate crop in America to meet foreign demands. Russia, the United States, and Argentine would have to feed the world during the next twelve months.

Over the Chicago Wheat Pit the hand of the great indicator stood at seventy-five cents. Jadwin sold out his September wheat at this figure, and then in a single vast clutch bought three million bushels of the December option.

Never before had he ventured so deeply into the Pit. Never before had he committed himself so irrevocably to the send of the current. But something was preparing. Something indefinite and huge. He guessed it, felt it, knew it. On all sides of him he felt a quickening movement. Lethargy, inertia were breaking up. There was buoyancy to the current. In its ever-increasing swiftness there was exhilaration and exuberance.

And he was upon the crest of the wave. Now the forethought, the shrewdness, and the prompt action of those early spring days were beginning to tell. Confident, secure, unassailable, Jadwin plunged in. Every week the swirl of the Pit increased in speed, every week the demands of Europe for American wheat grew more frequent; and at the end of the month the price—which had fluctuated between seventy-five and seventy-eight—in a sudden flurry rushed to seventy-nine, to seventy-nine and a half, and closed, strong, at the even eighty cents.

On the day when the latter figure was reached Jadwin bought a seat upon the Board of Trade.

He was now no longer an "outsider."

VII

One morning in November of the same year Laura joined her husband at breakfast, preoccupied and a little grave, her mind full of a subject about which, she told herself, she could no longer keep from speaking. So soon as an opportunity presented itself, which was when Jadwin laid down his paper and drew his coffee-cup towards him, Laura exclaimed:

"Curtis."

"Well, old girl?"

"Curtis, dear, … when is it all going to end—your speculating? You never used to be this way. It seems as though, nowadays, I never had you to myself. Even when you are not going over papers and reports and that, or talking by the hour to Mr. Gretry in the library—even when you are not doing all that, your mind seems to be away from me—down there in La Salle Street or the Board of Trade Building. Dearest, you don't know. I don't mean to complain, and I don't want to be exacting or selfish, but—sometimes I—I am lonesome. Don't interrupt," she said, hastily. "I want to say it all at once, and then never speak of it again. Last night, when Mr. Gretry was here, you said, just after dinner, that you would be all through your talk in an hour. And I waited.... I waited till eleven, and then I went to bed. Dear I—I—I was lonesome. The evening was so long. I had put on my very prettiest gown, the one you said you liked so much, and you never seemed to notice. You told me Mr. Gretry was going by nine, and I had it all planned how we would spend the evening together."

But she got no further. Her husband had taken her in his arms, and had interrupted her words with blustering exclamations of self-reproach and self-condemnation. He was a brute, he cried, a senseless, selfish ass, who had no right to such a wife, who was not worth a single one of the tears that by now were trembling on Laura's lashes.

"Now we won't speak of it again," she began. "I suppose I am selfish—"

"Selfish, nothing!" he exclaimed. "Don't talk that way. I'm the one—"

"But," Laura persisted, "some time you will—get out of this speculating for good? Oh, I do look forward to it so! And, Curtis, what is the use? We're so rich now we can't spend our money. What do you want to make more for?"

"Oh, it's not the money," he answered. "It's the fun of the thing; the excitement—"

"That's just it, the 'excitement.' You don't know, Curtis. It is changing you. You are so nervous sometimes, and sometimes you don't listen to me when I talk to you. I can just see what's in your mind. It's wheat—wheat—wheat, wheat—wheat—wheat, all the time. Oh, if you knew how I hated and feared it!"

"Well, old girl, that settles it. I wouldn't make you unhappy a single minute for all the wheat in the world."

"And you will stop speculating?"

"Well, I can't pull out all in a moment, but just as soon as a chance comes I'll get out of the market. At any rate, I won't have any business of mine come between us. I don't like it any more than you do. Why, how long is it since we've read any book together, like we used to when you read aloud to me?"

"Not since we came back from the country."

"By George, that's so, that's so." He shook his head. "I've got to taper off. You're right, Laura. But you don't know, you haven't a guess how this trading in wheat gets a hold of you. And, then, what am I to do? What are we fellows, who have made our money, to do? I've got to be busy. I can't sit down and twiddle my thumbs. And I don't believe in lounging around clubs, or playing with race horses, or murdering game birds, or running some poor, helpless fox to death. Speculating seems to be about the only game, or the only business that's left open to me—that appears to be legitimate. I know I've gone too far into it, and I promise you I'll quit. But it's fine fun. When you know how to swing a deal, and can look ahead, a little further than the other fellows, and can take chances they daren't, and plan and manoeuvre, and then see it all come out just as you had known it would all along—I tell you it's absorbing."

"But you never do tell me," she objected. "I never know what you are doing. I hear through Mr. Court or Mr. Gretry, but never through you. Don't you think you could trust me? I want to enter into your life on its every side, Curtis. Tell me," she suddenly demanded, "what are you doing now?"

"Very well, then," he said, "I'll tell you. Of course you mustn't speak about it. It's nothing very secret, but it's always as well to keep quiet about these things."

She gave her word, and leaned her elbows on the table, prepared to listen intently. Jadwin crushed a lump of sugar against the inside of his coffee cup.

"Well," he began, "I've not been doing anything very exciting, except to buy wheat."

"What for?"

"To sell again. You see, I'm one of those who believe that wheat is going up. I was the very first to see it, I guess, way back last April. Now in August this year, while we were up at the lake, I bought three million bushels."

"Three—million—bushels!" she murmured. "Why, what do you do with it? Where do you put it?"

He tried to explain that he had merely bought the right to call for the grain on a certain date, but she could not understand this very clearly.

"Never mind," she told him, "go on."

"Well, then, at the end of August we found out that the wet weather in England would make a short crop there, and along in September came the news that Siberia would not raise enough to supply the southern provinces of Russia. That left only the United States and the Argentine Republic to feed pretty much the whole world. Of course that would make wheat valuable. Seems to be a short-crop year everywhere. I saw that wheat would go higher and higher, so I bought another million bushels in October, and another early in this month. That's all. You see, I figure that pretty soon those people over in England and Italy and Germany—the people that eat wheat—will be willing to pay us in America big prices for it, because it's so hard to get. They've got to have the wheat—it's bread 'n' butter to them."

"Oh, then why not give it to them?" she cried. "Give it to those poor people—your five million bushels. Why, that would be a godsend to them."

Jadwin stared a moment.

"Oh, that isn't exactly how it works out," he said.

Before he could say more, however, the maid came in and handed to Jadwin three despatches.

"Now those," said Laura, when the servant had gone out, "you get those every morning. Are those part of your business? What do they say?"

"I'll read them to you," he told her as he slit the first envelopes. "They are cablegrams from agents of mine in Europe. Gretry arranged to have them sent to me. Here now, this is from Odessa. It's in cipher, but"—he drew a narrow memorandum-book from his breast pocket—"I'll translate it for you."

He turned the pages of the key book a few moments, jotting down the translation on the back of an envelope with the gold pencil at the end of his watch chain.

"Here's how it reads," he said at last. "'Cash wheat advanced one cent bushel on Liverpool buying, stock light. Shipping to interior. European price not attractive to sellers.'"

"What does that mean?" she asked.

"Well, that Russia will not export wheat, that she has no more than enough for herself, so that Western Europe will have to look to us for her wheat."

"And the others? Read those to me."

Again Jadwin translated.

"This is from Paris:

"'Answer on one million bushels wheat in your market—stocks lighter than expected, and being cleared up.'"

"Which is to say?" she queried.

"They want to know how much I would ask for a million bushels. They find it hard to get the stuff over there—just as I said they would."

"Will you sell it to them?"

"Maybe. I'll talk to Sam about it."

"And now the last one."

"It's from Liverpool, and Liverpool, you must understand, is the great buyer of wheat. It's a tremendously influential place."

He began once more to consult the key book, one finger following the successive code words of the despatch.

Laura, watching him, saw his eyes suddenly contract. "By George," he muttered, all at once, "by George, what's this?"

"What is it?" she demanded. "Is it important?"

But all-absorbed, Jadwin neither heard nor responded. Three times he verified the same word.

"Oh, please tell me," she begged.

Jadwin shook his head impatiently and held up a warning hand.

"Wait, wait," he said. "Wait a minute."

Word for word he wrote out the translation of the cablegram, and then studied it intently.

"That's it," he said, at last. Then he got to his feet. "I guess I've had enough breakfast," he declared. He looked at his watch, touched the call bell, and when the maid appeared said:

"Tell Jarvis to bring the buggy around right away."

"But, dear, what is it?" repeated Laura. "You said you would tell me. You see," she cried, "it's just as I said. You've forgotten my very existence. When it's a question of wheat I count for nothing. And just now, when you read the despatch to yourself, you were all different; such a look came into your face, so cruelly eager, and triumphant and keen."

"You'd be eager, too," he exclaimed, "if you understood. Look; read it for yourself."

He thrust the cable into her hands. Over each code word he had written its translation, and his wife read:

"Large firms here short and in embarrassing position, owing to curtailment in Argentine shipments. Can negotiate for five million wheat if price satisfactory."

"Well?" she asked.

"Well, don't you see what that means? It's the 'European demand' at last. They must have wheat, and I've got it to give 'em—wheat that I bought, oh! at seventy cents, some of it, and they'll pay the market that is, eighty cents, for it. Oh, they'll pay more. They'll pay eighty-two if I want 'em to. France is after the stuff, too. Remember that cable from Paris I just read. They'd bid against each other. Why, if I pull this off, if this goes through—and, by George," he went on, speaking as much to himself as to her, new phases of the affair presenting themselves to him at every moment, "by George, I don't have to throw this wheat into the Pit and break down the price—and Gretry has understandings with the railroads, through the elevator gang, so we get big rebates. Why, this wheat is worth eighty-two cents to them—and then there's this 'curtailment in Argentine shipments.' That's the first word we've had about small crops there. Holy Moses, if the Argentine crop is off, wheat will knock the roof clean off the Board of Trade!" The maid reappeared in the doorway. "The buggy?" queried Jadwin. "All right. I'm off, Laura, and—until it's over keep quiet about all this, you know. Ask me to read you some more cables some day. It brings good luck."

VIII

On that particular morning in April, the trading around the Wheat Pit on the floor of the Chicago Board of Trade began practically a full five minutes ahead of the stroke of the gong; and the throng of brokers and clerks that surged in and about the Pit itself was so great that it overflowed and spread out over the floor between the wheat and corn pits, ousting the traders in oats from their traditional ground. The market had closed the day before with May wheat at ninety-eight and five-eighths, and the Bulls had prophesied and promised that the magic legend "Dollar wheat" would be on the Western Union wires before another twenty-four hours.

The indications pointed to a lively morning's work. Never for an instant during the past six weeks had the trading sagged or languished. The air of the Pit was surcharged with a veritable electricity; it had the effervescence of champagne, or of a mountain-top at sunrise. It was buoyant, thrilling.

The "Unknown Bull" was to all appearance still in control; the whole market hung upon his horns; and from time to time, one felt the sudden upward thrust, powerful, tremendous, as he flung the wheat up another notch. The "tailers"—the little Bulls—were radiant. In the dark, they hung hard by their unseen and mysterious friend who daily, weekly, was making them richer. The Bears were scarcely visible. The Great Bull in a single superb rush had driven them nearly out of the Pit. Growling, grumbling they had retreated, and only at distance dared so much as to bare a claw. Just the formidable lowering of the Great Bull's frontlet sufficed, so it seemed, to check their every move of aggression or resistance. And all the while, Liverpool, Paris, Odessa, and Buda-Pesth clamoured ever louder and louder for the grain that meant food to the crowded streets and barren farms of Europe.

A few moments before the opening Charles Cressler was in the public room, in the southeast corner of the building, where smoking was allowed, finishing his morning's cigar. But as he heard the distant striking of the gong, and the roar of the Pit as it began to get under way, with a prolonged rumbling trepidation like the advancing of a great flood, he threw his cigar away and stepped out from the public room to the main floor, going on towards the front windows. At the sample tables he filled his pockets with wheat, and once at the windows raised the sash and spread the pigeons' breakfast on the granite ledge.

While he was watching the confused fluttering of flashing wings, that on the instant filled the air in front of the window, he was all at once surprised to hear a voice at his elbow, wishing him good morning.

"Seem to know you, don't they?"

Cressler turned about.

"Oh," he said. "Hullo, hullo—yes, they know me all right. Especially that red and white hen. She's got a lame wing since yesterday, and if I don't watch, the others would drive her off. The pouter brute yonder, for instance. He's a regular pirate. Wants all the wheat himself. Don't ever seem to get enough."

"Well," observed the newcomer, laconically, "there are others."

The man who spoke was about forty years of age. His name was Calvin Hardy Crookes. He was very small and very slim. His hair was yet dark, and his face—smooth-shaven and triangulated in shape, like a cat's—was dark as well. The eyebrows were thin and black, and the lips too were thin and were puckered a little, like the mouth of a tight-shut sack. The face was secretive, impassive, and cold.

The man himself was dressed like a dandy. His coat and trousers were of the very newest fashion. He wore a white waistcoat, drab gaiters, a gold watch and chain, a jewelled scarf pin, and a seal ring. From the top pocket of his coat protruded the finger tips of a pair of unworn red gloves.

"Yes," continued Crookes, unfolding a brand-new pocket handkerchief as he spoke. "There are others—who never know when they've got enough wheat."

"Oh, you mean the 'Unknown Bull.'"

"I mean the unknown damned fool," returned Crookes placidly.

There was not a trace of the snob about Charles Cressler. No one could be more democratic. But at the same time, as this interview proceeded, he could not fight down nor altogether ignore a certain qualm of gratified vanity. Had the matter risen to the realm of his consciousness, he would have hated himself for this. But it went no further than a vaguely felt increase of self-esteem. He seemed to feel more important in his own eyes; he would have liked to have his friends see him just now talking with this man. "Crookes was saying to-day—" he would observe when next he met an acquaintance. For C. H. Crookes was conceded to be the "biggest man" in La Salle Street. Not even the growing importance of the new and mysterious Bull could quite make the market forget the Great Bear. Inactive during all this trampling and goring in the Pit, there were yet those who, even as they strove against the Bull, cast uneasy glances over their shoulders, wondering why the Bear did not come to the help of his own.

"Well, yes," admitted Cressler, combing his short beard, "yes, he is a fool."

The contrast between the two men was extreme. Each was precisely what the other was not. The one, long, angular, loose-jointed; the other, tight, trim, small, and compact. The one osseous, the other sleek; the one stoop-shouldered, the other erect as a corporal of infantry.

But as Cressler was about to continue Crookes put his chin in the air.

"Hark!" he said. "What's that?"

For from the direction of the Wheat Pit had come a sudden and vehement renewal of tumult. The traders as one man were roaring in chorus. There were cheers; hats went up into the air. On the floor by the lowest step two brokers, their hands trumpet-wise to their mouths, shouted at top voice to certain friends at a distance, while above them, on the topmost step of the Pit, a half-dozen others, their arms at fullest stretch, threw the hand signals that interpreted the fluctuations in the price, to their associates in the various parts of the building. Again and again the cheers rose, violent hip-hip-hurrahs and tigers, while from all corners and parts of the floor men and boys came scurrying up. Visitors in the gallery leaned eagerly upon the railing. Over in the provision pit, trading ceased for the moment, and all heads were turned towards the commotion of the wheat traders.

"Ah," commented Crookes, "they did get it there at last."

For the hand on the dial had suddenly jumped another degree, and not a messenger boy, not a porter not a janitor, none whose work or life brought him in touch with the Board of Trade, that did not feel the thrill. The news flashed out to the world on a hundred telegraph wires; it was called to a hundred offices across the telephone lines. From every doorway, even, as it seemed, from every window of the building, spreading thence all over the city, the State, the Northwest, the entire nation, sped the magic words, "Dollar wheat."

Crookes turned to Cressler.

"Can you lunch with me to-day—at Kinsley's? I'd like to have a talk with you."

And as soon as Cressler had accepted the invitation, Crookes, with a succinct nod, turned upon his heel and walked away.

At Kinsley's that day, in a private room on the second floor, Cressler met not only Crookes, but his associate Sweeny, and another gentleman by the name of Freye, the latter one of his oldest and best-liked friends.

Sweeny was an Irishman, florid, flamboyant, talkative, who spoke with a faint brogue, and who tagged every observation, argument, or remark with the phrase, "Do you understand me, gen'lemen?" Freye, a German-American, was a quiet fellow, very handsome, with black side whiskers and a humourous, twinkling eye. The three were members of the Board of Trade, and were always associated with the Bear forces. Indeed, they could be said to be its leaders. Between them, as Cressler afterwards was accustomed to say, "They could have bought pretty much all of the West Side."

And during the course of the luncheon these three, with a simplicity and a directness that for the moment left Cressler breathless, announced that they were preparing to drive the Unknown Bull out of the Pit, and asked him to become one of the clique.

Crookes, whom Cressler intuitively singled out as the leader, did not so much as open his mouth till Sweeny had talked himself breathless, and all the preliminaries were out of the way. Then he remarked, his eye as lifeless as the eye of a fish, his voice as expressionless as the voice of Fate itself:

"I don't know who the big Bull is, and I don't care a curse. But he don't suit my book. I want him out of the market. We've let him have his way now for three or four months. We figured we'd let him run to the dollar mark. The May option closed this morning at a dollar and an eighth.... Now we take hold.

"But," Cressler hastened to object, "you forget—I'm not a speculator."

Freye smiled, and tapped his friend on the arm.

"I guess, Charlie," he said, "that there won't be much speculating about this."

"Why, gen'lemen," cried Sweeny, brandishing a fork, "we're going to sell him right out o' the market, so we are. Simply flood out the son-of-a-gun—you understand me, gen'lemen?"

Cressler shook his head.

"No," he answered. "No, you must count me out. I quit speculating years ago. And, besides, to sell short on this kind of market—I don't need to tell you what you risk."

"Risk hell!" muttered Crookes.

"Well, now, I'll explain to you, Charlie," began Freye.

The other two withdrew a little from the conversation. Crookes, as ever monosyllabic, took himself on in a little while, and Sweeny, his chair tipped back against the wall, his hands clasped behind his head, listened to Freye explaining to Cressler the plans of the proposed clique and the lines of their attack.

He talked for nearly an hour and a half, at the end of which time the lunch table was one litter of papers—letters, contracts, warehouse receipts, tabulated statistics, and the like.

"Well," said Freye, at length, "well, Charlie, do you see the game? What do you think of it?"

"It's about as ingenious a scheme as I ever heard of, Billy," answered Cressler. "You can't lose, with Crookes back of it."

"Well, then, we can count you in, hey?"

"Count nothing," declared Cressler, stoutly. "I don't speculate."

"But have you thought of this?" urged Freye, and went over the entire proposition, from a fresh point of view, winding up with the exclamation: "Why, Charlie, we're going to make our everlasting fortunes."

"I don't want any everlasting fortune, Billy Freye," protested Cressler. "Look here, Billy. You must remember I'm a pretty old cock. You boys are all youngsters. I've got a little money left and a little business, and I want to grow old quiet-like. I had my fling, you know, when you boys were in knickerbockers. Now you let me keep out of all this. You get some one else."

"No, we'll be jiggered if we do," exclaimed Sweeny. "Say, are ye scared we can't buy that trade journal? Why, we have it in our pocket, so we have. D'ye think Crookes, now, couldn't make Bear sentiment with the public, with just the lift o' one forefinger? Why, he owns most of the commercial columns of the dailies already. D'ye think he couldn't swamp that market with sellin' orders in the shorter end o' two days? D'ye think we won't all hold together, now? Is that the bug in the butter? Sure, now, listen. Let me tell you—"

"You can't tell me anything about this scheme that you've not told me before," declared Cressler. "You'll win, of course. Crookes & Co. are like Rothschild—earthquakes couldn't budge 'em. But I promised myself years ago to keep out of the speculative market, and I mean to stick by it."

"Oh, get on with you, Charlie," said Freye, good-humouredly, "you're scared."

"Of what," asked Cressler, "speculating? You bet I am, and when you're as old as I am, and have been through three panics, and have known what it meant to have a corner bust under you, you'll be scared of speculating too."

"But suppose we can prove to you," said Sweeny, all at once, "that we're not speculating—that the other fellow, this fool Bull is doing the speculating?"

"I'll go into anything in the way of legitimate trading," answered Cressler, getting up from the table. "You convince me that your clique is not a speculative clique, and I'll come in. But I don't see how your deal can be anything else."

"Will you meet us here to-morrow?" asked Sweeny, as they got into their overcoats.

"It won't do you any good," persisted Cressler.

"Well, will you meet us just the same?" the other insisted. And in the end Cressler accepted.

On the steps of the restaurant they parted, and the two leaders watched Cressler's broad, stooped shoulders disappear down the street.

"He's as good as in already," Sweeny declared. "I'll fix him to-morrow. Once a speculator, always a speculator. He was the cock of the cow-yard in his day, and the thing is in the blood. He gave himself clean, clean away when he let out he was afraid o' speculating. You can't be afraid of anything that ain't got a hold on you. Y' understand me now?"

"Well," observed Freye, "we've got to get him in."

"Talk to me about that now," Sweeny answered. "I'm new to some parts o' this scheme o' yours yet. Why is Crookes so keen on having him in? I'm not so keen. We could get along without him. He ain't so god-awful rich, y' know."

"No, but he's a solid, conservative cash grain man," answered Freye, "who hasn't been associated with speculating for years. Crookes has got to have that element in the clique before we can approach Stires & Co. We may have to get a pile of money from them, and they're apt to be scary and cautious. Cressler being in, do you see, gives the clique a substantial, conservative character. You let Crookes manage it. He knows his business."

"Say," exclaimed Sweeny, an idea occurring to him, "I thought Crookes was going to put us wise to-day. He must know by now who the Big Bull is."

"No doubt he does know," answered the other. "He'll tell us when he's ready. But I think I could copper the individual. There was a great big jag of wheat sold to Liverpool a little while ago through Gretry, Converse & Co., who've been acting for Curtis Jadwin for a good many years."

"Oh, Jadwin, hey? Hi! we're after big game now, I'm thinking."

"But look here," warned Freye. "Here's a point. Cressler is not to know by the longest kind of chalk; anyhow not until he's so far in, he can't pull out. He and Jadwin are good friends, I'm told. Hello, it's raining a little. Well, I've got to be moving. See you at lunch to-morrow."

As Cressler turned into La Salle Street the light sprinkle of rain suddenly swelled to a deluge, and he had barely time to dodge into the portico of the Illinois Trust to escape a drenching. All the passers-by close at hand were making for the same shelter, and among these Cressler was surprised to see Curtis Jadwin, who came running up the narrow lane from the cafe entrance of the Grand Pacific Hotel.

"Hello! Hello, J.," he cried, when his friend came panting up the steps, "as the whale said to Jonah, 'Come in out of the wet.'"

The two friends stood a moment under the portico, their coat collars turned up, watching the scurrying in the street.

"Well," said Cressler, at last, "I see we got 'dollar wheat' this morning."

"Yes," answered Jadwin, nodding, "'dollar wheat.'"

"I suppose," went on Cressler, "I suppose you are sorry, now that you're not in it any more."

"Oh, no," replied Jadwin, nibbling off the end of a cigar. "No, I'm—I'm just as well out of it."

"And it's for good and all this time, eh?"

"For good and all."

"Well," commented Cressler, "some one else has begun where you left off, I guess. This Unknown Bull, I mean. All the boys are trying to find out who he is. Crookes, though, was saying to me—Cal Crookes, you know—he was saying he didn't care who he was. Crookes is out of the market, too, I understand—and means to keep out, he says, till the Big Bull gets tired. Wonder who the Big Bull is."

"Oh, there isn't any Big Bull," blustered Jadwin. "There's simply a lot of heavy buying, or maybe there might be a ring of New York men operating through Gretry. I don't know; and I guess I'm like Crookes, I don't care—now that I'm out of the game. Real estate is too lively now to think of anything else; keeps me on the keen jump early and late. I tell you what, Charlie, this city isn't half grown yet. And do you know, I've noticed another thing—cities grow to the westward. I've got a building and loan association going, out in the suburbs on the West Side, that's a dandy. Well, looks as though the rain had stopped. Remember me to madam. So long, Charlie."

On leaving Cressler Jadwin went on to his offices in The Rookery, close at hand. But he had no more than settled himself at his desk, when he was called up on his telephone.

"Hello!" said a small, dry transformation of Gretry's voice. "Hello, is that you, J.? Well, in the matter of that cash wheat in Duluth, I've bought that for you."

"All right," answered Jadwin, then he added, "I guess we had better have a long talk now."

"I was going to propose that," answered the broker. "Meet me this evening at seven at the Grand Pacific. It's just as well that we're not seen together nowadays. Don't ask for me. Go right into the smoking-room. I'll be there. And, by the way, I shall expect a reply from Minneapolis about half-past five this afternoon. I would like to be able to get at you at once when that comes in. Can you wait down for that?"

"Well, I was going home," objected Jadwin. "I wasn't home to dinner last night, and Mrs. Jadwin—"

"This is pretty important, you know," warned the broker. "And if I call you up on your residence telephone, there's always the chance of somebody cutting in and overhearing us."

"Oh, very well, then," assented Jadwin. "I'll call it a day. I'll get home for luncheon to-morrow. It can't be helped. By the way, I met Cressler this afternoon, Sam, and he seemed sort of suspicious of things, to me—as though he had an inkling."

"Better hang up," came back the broker's voice. "Better hang up, J. There's big risk telephoning like this. I'll see you to-night. Good-by."

And so it was that about half an hour later Laura was called to the telephone in the library.

"Oh, not coming home at all to-night?" she cried blankly in response to Jadwin's message.

"It's just impossible, old girl," he answered.

"But why?" she insisted.

"Oh, business; this building and loan association of mine."

"Oh, I know it can't be that. Why don't you let Mr. Gretry manage your—"

But at this point Jadwin, the warning of Gretry still fresh in his mind, interrupted quickly:

"I must hang up now, Laura. Good-by. I'll see you to-morrow noon and explain it all to you. Good-by.... Laura.... Hello! … Are you there yet? … Hello, hello!"

But Jadwin had heard in the receiver the rattle and click as of a tiny door closing. The receiver was silent and dead; and he knew that his wife, disappointed and angry, had "hung up" without saying good-by.

The days passed. Soon another week had gone by. The wheat market steadied down after the dollar mark was reached, and for a few days a calmer period intervened. Down beneath the surface, below the ebb and flow of the currents, the great forces were silently at work reshaping the "situation." Millions of dollars were beginning to be set in motion to govern the millions of bushels of wheat. At the end of the third week of the month Freye reported to Crookes that Cressler was "in," and promptly negotiations were opened between the clique and the great banking house of the Stires. But meanwhile Jadwin and Gretry, foreseeing no opposition, realising the incalculable advantage that their knowledge of the possibility of a "corner" gave them, were, quietly enough, gathering in the grain. As early as the end of March Jadwin, as incidental to his contemplated corner of May wheat, had bought up a full half of the small supply of cash wheat in Duluth, Chicago, Liverpool and Paris—some twenty million bushels; and against this had sold short an equal amount of the July option. Having the actual wheat in hand he could not lose. If wheat went up, his twenty million bushels were all the more valuable; if it went down, he covered his short sales at a profit. And all the while, steadily, persistently, he bought May wheat, till Gretry's book showed him to be possessed of over twenty million bushels of the grain deliverable for that month.

But all this took not only his every minute of time, but his every thought, his every consideration. He who had only so short a while before considered the amount of five million bushels burdensome, demanding careful attention, was now called upon to watch, govern, and control the tremendous forces latent in a line of forty million. At times he remembered the Curtis Jadwin of the spring before his marriage, the Curtis Jadwin who had sold a pitiful million on the strength of the news of the French import duty, and had considered the deal "big." Well, he was a different man since that time. Then he had been suspicious of speculation, had feared it even. Now he had discovered that there were in him powers, capabilities, and a breadth of grasp hitherto unsuspected. He could control the Chicago wheat market, and the man who could do that might well call himself "great," without presumption. He knew that he overtopped them all—Gretry, the Crookes gang, the arrogant, sneering Bears, all the men of the world of the Board of Trade. He was stronger, bigger, shrewder than them all. A few days now would show, when they would all wake to the fact that wheat, which they had promised to deliver before they had it in hand, was not to be got except from him—and at whatever price he chose to impose. He could exact from them a hundred dollars a bushel if he chose, and they must pay him the price or become bankrupts.

By now his mind was upon this one great fact—May Wheat—continually. It was with him the instant he woke in the morning. It kept him company during his hasty breakfast; in the rhythm of his horses' hoofs, as the team carried him down town he heard, "Wheat—wheat—wheat, wheat—wheat—wheat." No sooner did he enter La Salle Street, than the roar of traffic came to his ears as the roar of the torrent of wheat which drove through Chicago from the Western farms to the mills and bakeshops of Europe. There at the foot of the street the torrent swirled once upon itself, forty million strong, in the eddy which he told himself he mastered. The afternoon waned, night came on. The day's business was to be gone over; the morrow's campaign was to be planned; little, unexpected side issues, a score of them, a hundred of them, cropped out from hour to hour; new decisions had to be taken each minute. At dinner time he left the office, and his horses carried him home again, while again their hoofs upon the asphalt beat out unceasingly the monotone of the one refrain, "Wheat—wheat—wheat, wheat—wheat—wheat." At dinner table he could not eat. Between each course he found himself going over the day's work, testing it, questioning himself, "Was this rightly done?" "Was that particular decision sound?" "Is there a loophole here?" "Just what was the meaning of that despatch?" After the meal the papers, contracts, statistics and reports which he had brought with him in his Gladstone bag were to be studied. As often as not Gretry called, and the two, shut in the library, talked, discussed, and planned till long after midnight.

Then at last, when he had shut the front door upon his lieutenant and turned to face the empty, silent house, came the moment's reaction. The tired brain flagged and drooped; exhaustion, like a weight of lead, hung upon his heels. But somewhere a hall clock struck, a single, booming note, like a gong—like the signal that would unchain the tempest in the Pit to-morrow morning. Wheat—wheat—wheat, wheat—wheat—wheat! Instantly the jaded senses braced again, instantly the wearied mind sprang to its post. He turned out the lights, he locked the front door. Long since the great house was asleep. In the cold, dim silence of the earliest dawn Curtis Jadwin went to bed, only to lie awake, staring up into the darkness, planning, devising new measures, reviewing the day's doings, while the faint tides of blood behind the eardrums murmured ceaselessly to the overdriven brain, "Wheat—wheat—wheat, wheat—wheat—wheat. Forty million bushels, forty million, forty million."

Whole days now went by when he saw his wife only at breakfast and at dinner. At times she was angry, hurt, and grieved that he should leave her so much alone. But there were moments when she was sorry for him. She seemed to divine that he was not all to blame.

What Laura thought he could only guess. She no longer spoke of his absorption in business. At times he thought he saw reproach and appeal in her dark eyes, at times anger and a pride cruelly wounded. A few months ago this would have touched him. But now he all at once broke out vehemently:

"You think I am wilfully doing this! You don't know, you haven't a guess. I corner the wheat! Great heavens, it is the wheat that has cornered me! The corner made itself. I happened to stand between two sets of circumstances, and they made me do what I've done. I couldn't get out of it now, with all the good will in the world. Go to the theatre to-night with you and the Cresslers? Why, old girl, you might as well ask me to go to Jericho. Let that Mr. Corthell take my place."

And very naturally this is what was done. The artist sent a great bunch of roses to Mrs. Jadwin upon the receipt of her invitation, and after the play had the party to supper in his apartments, that overlooked the Lake Front. Supper over, he escorted her, Mrs. Cressler, and Page back to their respective homes.

By a coincidence that struck them all as very amusing, he was the only man of the party. At the last moment Page had received a telegram from Landry. He was, it appeared, sick, and in bed. The day's work on the Board of Trade had quite used him up for the moment, and his doctor forbade him to stir out of doors. Mrs. Cressler explained that Charlie had something on his mind these days, that was making an old man of him.

"He don't ever talk shop with me," she said. "I'm sure he hasn't been speculating, but he's worried and fidgety to beat all I ever saw, this last week; and now this evening he had to take himself off to meet some customer or other at the Palmer House."

They dropped Mrs. Cressler at the door of her home and then went on to the Jadwins'.

"I remember," said Laura to Corthell, "that once before the three of us came home this way. Remember? It was the night of the opera. That was the night I first met Mr. Jadwin."

"It was the night of the Helmick failure," said Page, seriously, "and the office buildings were all lit up. See," she added, as they drove up to the house, "there's a light in the library, and it must be nearly one o'clock. Mr. Jadwin is up yet."

Laura fell suddenly silent. When was it all going to end, and how? Night after night her husband shut himself thus in the library, and toiled on till early dawn. She enjoyed no companionship with him. Her evenings were long, her time hung with insupportable heaviness upon her hands.

"Shall you be at home?" inquired Corthell, as he held her hand a moment at the door. "Shall you be at home to-morrow evening? May I come and play to you again?"

"Yes, yes," she answered. "Yes, I shall be home. Yes, do come."

Laura's carriage drove the artist back to his apartments. All the way he sat motionless in his place, looking out of the window with unseeing eyes. His cigarette went out. He drew another from his case, but forgot to light it.

Thoughtful and abstracted he slowly mounted the stairway—the elevator having stopped for the night—to his studio, let himself in, and, throwing aside his hat and coat, sat down without lighting the gas in front of the fireplace, where (the weather being even yet sharp) an armful of logs smouldered on the flagstones.

His man, Evans, came from out an inner room to ask if he wanted anything. Corthell got out of his evening coat, and Evans brought him his smoking-jacket and set the little table with its long tin box of cigarettes and ash trays at his elbow. Then he lit the tall lamp of corroded bronze, with its heavy silk shade, that stood on a table in the angle of the room, drew the curtains, put a fresh log upon the fire, held the tiny silver alcohol burner to Corthell while the latter lighted a fresh cigarette, and then with a murmured "Good-night, sir," went out, closing the door with the precaution of a depredator.

This suite of rooms, facing the Lake Front, was what Corthell called "home," Whenever he went away, he left it exactly as it was, in the charge of the faithful Evans; and no mater how long he was absent, he never returned thither without a sense of welcome and relief. Even now, perplexed as he was, he was conscious of a feeling of comfort and pleasure as he settled himself in his chair.

The lamp threw a dull illumination about the room. It was a picturesque apartment, carefully planned. Not an object that had not been chosen with care and the utmost discrimination. The walls had been treated with copper leaf till they produced a sombre, iridescent effect of green and faint gold, that suggested the depth of a forest glade shot through with the sunset. Shelves bearing eighteenth-century books in seal brown tree calf—Addison, the "Spectator," Junius and Racine, Rochefoucauld and Pascal hung against it here and there. On every hand the eye rested upon some small masterpiece of art or workmanship. Now it was an antique portrait bust of the days of decadent Rome, black marble with a bronze tiara; now a framed page of a fourteenth-century version of "Li Quatres Filz d'Aymon," with an illuminated letter of miraculous workmanship; or a Renaissance gonfalon of silk once white but now brown with age, yet in the centre blazing with the escutcheon and quarterings of a dead queen. Between the windows stood an ivory statuette of the "Venus of the Heel," done in the days of the magnificent Lorenzo. An original Cazin, and a chalk drawing by Baudry hung against the wall close by together with a bronze tablet by Saint Gaudens; while across the entire end of the room opposite the fireplace, worked in the tapestry of the best period of the northern French school, Halcyone, her arms already blossoming into wings, hovered over the dead body of Ceyx, his long hair streaming like seaweed in the blue waters of the AEgean.

IX

"Well, that's about all then, I guess," said Gretry at last, as he pushed back his chair and rose from the table.

He and Jadwin were in a room on the third floor of the Grand Pacific Hotel, facing Jackson Street. It was three o'clock in the morning. Both men were in their shirt-sleeves; the table at which they had been sitting was scattered over with papers, telegraph blanks, and at Jadwin's elbow stood a lacquer tray filled with the stumps of cigars and burnt matches, together with one of the hotel pitchers of ice water.

"Yes," assented Jadwin, absently, running through a sheaf of telegrams, "that's all we can do—until we see what kind of a game Crookes means to play. I'll be at your office by eight."

"Well," said the broker, getting into his coat, "I guess I'll go to my room and try to get a little sleep. I wish I could see how we'll be to-morrow night at this time."

Jadwin made a sharp movement of impatience.

"Damnation, Sam, aren't you ever going to let up croaking? If you're afraid of this thing, get out of it. Haven't I got enough to bother me?"

"Oh, say! Say, hold on, hold on, old man," remonstrated the broker, in an injured voice. "You're terrible touchy sometimes, J., of late. I was only trying to look ahead a little. Don't think I want to back out. You ought to know me by this time, J."

"There, there, I'm sorry, Sam," Jadwin hastened to answer, getting up and shaking the other by the shoulder. "I am touchy these days. There's so many things to think of, and all at the same time. I do get nervous. I never slept one little wink last night—and you know the night before I didn't turn in till two in the morning."

"Lord, you go swearing and damning 'round here like a pirate sometimes, J.," Gretry went on. "I haven't heard you cuss before in twenty years. Look out, now, that I don't tell on you to your Sunday-school superintendents."

"I guess they'd cuss, too," observed Jadwin, "if they were long forty million wheat, and had to know just where every hatful of it was every second of the time. It was all very well for us to whoop about swinging a corner that afternoon in your office. But the real thing—well, you don't have any trouble keeping awake. Do you suppose we can keep the fact of our corner dark much longer?"

"I fancy not," answered the broker, putting on his hat and thrusting his papers into his breast pocket. "If we bust Crookes, it'll come out—and it won't matter then. I think we've got all the shorts there are."

"I'm laying particularly for Dave Scannel," remarked Jadwin. "I hope he's in up to his neck, and if he is, by the Great Horn Spoon, I'll bankrupt him, or my name is not Jadwin! I'll wring him bone-dry. If I once get a twist of that rat, I won't leave him hide nor hair to cover the wart he calls his heart."

"Why, what all has Scannel ever done to you?" demanded the other, amazed.

"Nothing, but I found out the other day that old Hargus—poor old, broken-backed, half-starved Hargus—I found out that it was Scannel that ruined him. Hargus and he had a big deal on, you know—oh, ages ago—and Scannel sold out on him. Great God, it was the dirtiest, damnedest treachery I ever heard of! Scannel made his pile, and what's Hargus now? Why, he's a scarecrow. And he has a little niece that he supports, heaven only knows how. I've seen her, and she's pretty as a picture. Well, that's all right; I'm going to carry fifty thousand wheat for Hargus, and I've got another scheme for him, too. By God, the poor old boy won't go hungry again if I know it! But if I lay my hands on Scannel—if we catch him in the corner—holy, suffering Moses, but I'll make him squeal!"

Gretry nodded, to say he understood and approved.

"I guess you've got him," he remarked. "Well, I must get to bed. Good night, J."

"Good night, Sam. See you in the morning."

And before the door of the room was closed, Jadwin was back at the table again. Once more, painfully, toilfully, he went over his plans, retesting, altering, recombining, his hands full of lists, of despatches, and of endless columns of memoranda. Occasionally he murmured fragments of sentences to himself. "H'm … I must look out for that.... They can't touch us there.... The annex of that Nickel Plate elevator will hold—let's see … half a million.... If I buy the grain within five days after arrival I've got to pay storage, which is, let's see—three-quarters of a cent times eighty thousand...."

An hour passed. At length Jadwin pushed back from the table, drank a glass of ice water, and rose, stretching.

"Lord, I must get some sleep," he muttered.

He threw off his clothes and went to bed, but even as he composed himself to sleep, the noises of the street in the awakening city invaded the room through the chink of the window he had left open. The noises were vague. They blended easily into a far-off murmur; they came nearer; they developed into a cadence:

"Wheat-wheat-wheat, wheat-wheat-wheat."

Jadwin roused up. He had just been dropping off to sleep. He rose and shut the window, and again threw himself down. He was weary to death; not a nerve of his body that did not droop and flag. His eyes closed slowly. Then, all at once, his whole body twitched sharply in a sudden spasm, a simultaneous recoil of every muscle. His heart began to beat rapidly, his breath failed him. Broad awake, he sat up in bed.

"H'm!" he muttered. "That was a start—must have been dreaming, surely."

Then he paused, frowning, his eyes narrowing; he looked to and fro about the room, lit by the subdued glow that came in through the transom from a globe in the hall outside. Slowly his hand went to his forehead.

With almost the abruptness of a blow, that strange, indescribable sensation had returned to his head. It was as though he were struggling with a fog in the interior of his brain; or again it was a numbness, a weight, or sometimes it had more of the feeling of a heavy, tight-drawn band across his temples.

"Smoking too much, I guess," murmured Jadwin. But he knew this was not the reason, and as he spoke, there smote across his face the first indefinite sensation of an unnamed fear.

He gave a quick, short breath, and straightened himself, passing his hands over his face.

"What the deuce," he muttered, "does this mean?"

For a long moment he remained sitting upright in bed, looking from wall to wall of the room. He felt a little calmer. He shrugged his shoulders impatiently.

"Look here," he said to the opposite wall, "I guess I'm not a schoolgirl, to have nerves at this late date. High time to get to sleep, if I'm to mix things with Crookes to-morrow."

But he could not sleep. While the city woke to its multitudinous life below his windows, while the grey light of morning drowned the yellow haze from the gas jet that came through the transom, while the "early call" alarms rang in neighbouring rooms, Curtis Jadwin lay awake, staring at the ceiling, now concentrating his thoughts upon the vast operation in which he found himself engaged, following out again all its complexities, its inconceivable ramifications, or now puzzling over the inexplicable numbness, the queer, dull weight that descended upon his brain so soon as he allowed its activity to relax.

By five o'clock he found it intolerable to remain longer in bed; he rose, bathed, dressed, ordered his breakfast, and, descending to the office of the hotel, read the earliest editions of the morning papers for half an hour.

Then, at last, as he sat in the corner of the office deep in an armchair, the tired shoulders began to droop, the wearied head to nod. The paper slipped from his fingers, his chin sank upon his collar.

To his ears the early clamour of the street, the cries of newsboys, the rattle of drays came in a dull murmur. It seemed to him that very far off a great throng was forming. It was menacing, shouting. It stirred, it moved, it was advancing. It came galloping down the street, shouting with insensate fury; now it was at the corner, now it burst into the entrance of the hotel. Its clamour was deafening, but intelligible. For a thousand, a million, forty million voices were shouting in cadence:

"Wheat-wheat-wheat, wheat-wheat-wheat."

Jadwin woke abruptly, half starting from his chair. The morning sun was coming in through the windows; the clock above the hotel desk was striking seven, and a waiter stood at his elbow, saying:

"Your breakfast is served, Mr. Jadwin."

He had no appetite. He could eat nothing but a few mouthfuls of toast, and long before the appointed hour he sat in Gretry's office, waiting for the broker to appear, drumming on the arm of his chair, plucking at the buttons of his coat, and wondering why it was that every now and then all the objects in his range of vision seemed to move slowly back and stand upon the same plane.

By degrees he lapsed into a sort of lethargy, a wretched counterfeit of sleep, his eyes half closed, his breath irregular. But, such as it was, it was infinitely grateful. The little, over-driven cogs and wheels of the mind, at least, moved more slowly. Perhaps by and by this might actually develop into genuine, blessed oblivion.

But there was a quick step outside the door. Gretry came in.

"Oh, J.! Here already, are you? Well, Crookes will begin to sell at the very tap of the bell."

"He will, hey?" Jadwin was on his feet. Instantly the jaded nerves braced taut again; instantly the tiny machinery of the brain spun again at its fullest limit. "He's going to try to sell us out, is he? All right. We'll sell, too. We'll see who can sell the most—Crookes or Jadwin."

"Sell! You mean buy, of course."

"No, I don't. I've been thinking it over since you left last night. Wheat is worth exactly what it is selling for this blessed day. I've not inflated it up one single eighth yet; Crookes thinks I have. Good Lord, I can read him like a book! He thinks I've boosted the stuff above what it's worth, and that a little shove will send it down. He can send it down to ten cents if he likes, but it'll jump back like a rubber ball. I'll sell bushel for bushel with him as long as he wants to keep it up."

"Heavens and earth, J.," exclaimed Gretry, with a long breath, "the risk is about as big as holding up the Bank of England. You are depreciating the value of about forty million dollars' worth of your property with every cent she breaks."

"You do as I tell you—you'll see I'm right," answered Jadwin. "Get your boys in here, and we'll give 'em the day's orders."

The "Crookes affair"—as among themselves the group of men who centred about Jadwin spoke of it—was one of the sharpest fights known on the Board of Trade for many a long day. It developed with amazing unexpectedness and was watched with breathless interest from every produce exchange between the oceans.

It occupied every moment of each morning's session of the Board of Trade for four furious, never-to-be-forgotten days. Promptly at half-past nine o'clock on Tuesday morning Crookes began to sell May wheat short, and instantly, to the surprise of every Pit trader on the floor, the price broke with his very first attack. In twenty minutes it was down half a cent. Then came the really big surprise of the day. Landry Court, the known representative of the firm which all along had fostered and encouraged the rise in the price, appeared in the Pit, and instead of buying, upset all precedent and all calculation by selling as freely as the Crookes men themselves. For three days the battle went on. But to the outside world—even to the Pit itself—it seemed less a battle than a rout. The "Unknown Bull" was down, was beaten at last. He had inflated the price of the wheat, he had backed a false, an artificial, and unwarrantable boom, and now he was being broken. Ah Crookes knew when to strike. Here was the great general—the real leader who so long had held back.

By the end of the Friday session, Crookes and his clique had sold five million bushels, "going short," promising to deliver wheat that they did not own, but expected to buy at low prices. The market that day closed at ninety-five.

Friday night, in Jadwin's room in the Grand Pacific, a conference was held between Gretry, Landry Court, two of Gretry's most trusted lieutenants, and Jadwin himself. Two results issued from this conference. One took the form of a cipher cable to Jadwin's Liverpool agent, which, translated, read: "Buy all wheat that is offered till market advances one penny." The other was the general order issued to Landry Court and the four other Pit traders for the Gretry-Converse house, to the effect that in the morning they were to go into the Pit and, making no demonstration, begin to buy back the wheat they had been selling all the week. Each of them was to buy one million bushels. Jadwin had, as Gretry put it, "timed Crookes to a split second," foreseeing the exact moment when he would make his supreme effort. Sure enough, on that very Saturday Crookes was selling more freely than ever, confident of breaking the Bull ere the closing gong should ring.

But before the end of the morning wheat was up two cents. Buying orders had poured in upon the market. The price had stiffened almost of itself. Above the indicator upon the great dial there seemed to be an invisible, inexplicable magnet that lifted it higher and higher, for all the strenuous efforts of the Bears to drag it down.

A feeling of nervousness began to prevail. The small traders, who had been wild to sell short during the first days of the movement, began on Monday to cover a little here and there.

"Now," declared Jadwin that night, "now's the time to open up all along the line hard. If we start her with a rush to-morrow morning, she'll go to a dollar all by herself."

Tuesday morning, therefore, the Gretry-Converse traders bought another five million bushels. The price under this stimulus went up with the buoyancy of a feather. The little shorts, more and more uneasy, and beginning to cover by the scores, forced it up even higher.

The nervousness of the "crowd" increased. Perhaps, after all, Crookes was not so omnipotent. Perhaps, after all, the Unknown Bull had another fight in him. Then the "outsiders" came into the market. All in a moment all the traders were talking "higher prices." Everybody now was as eager to buy as, a week before, they had been eager to sell. The price went up by convulsive bounds. Crookes dared not buy, dared not purchase the wheat to make good his promises of delivery, for fear of putting up the price on himself higher still. Dismayed, chagrined, and humiliated, he and his clique sat back inert, watching the tremendous reaction, hoping against hope that the market would break again.

But now it became difficult to get wheat at all. All of a sudden nobody was selling. The buyers in the Pit commenced to bid against each other, offering a dollar and two cents. The wheat did not "come out." They bid a dollar two and a half, a dollar two and five-eighths; still no wheat. Frantic, they shook their fingers in the very faces of Landry Court and the Gretry traders, shouting: "A dollar, two and seven-eighths! A dollar, three! Three and an eighth! A quarter! Three-eighths! A half!" But the others shook their heads. Except on extraordinary advances of a whole cent at a time, there was no wheat for sale.

At the last-named price Crookes acknowledged defeat. Somewhere in his big machine a screw had been loose. Somehow he had miscalculated. So long as he and his associates sold and sold and sold, the price would go down. The instant they tried to cover there was no wheat for sale, and the price leaped up again with an elasticity that no power could control.

He saw now that he and his followers had to face a loss of several cents a bushel on each one of the five million they had sold. They had not been able to cover one single sale, and the situation was back again exactly as before his onslaught, the Unknown Bull in securer control than ever before.

But Crookes had, at last, begun to suspect the true condition of affairs, and now that the market was hourly growing tighter and more congested, his suspicion was confirmed. Alone, locked in his private office, he thought it out, and at last remarked to himself:

"Somebody has a great big line of wheat that is not on the market at all. Somebody has got all the wheat there is. I guess I know his name. I guess the visible supply of May wheat in the Chicago market is cornered."

This was at a time when the price stood at a dollar and one cent. Crookes—who from the first had managed and handled the operations of his confederates—knew very well that if he now bought in all the wheat his clique had sold short, the price would go up long before he could complete the deal. He said nothing to the others, further than that they should "hold on a little longer, in the hopes of a turn," but very quietly he began to cover his own personal sales—his share of the five million sold by his clique. Foreseeing the collapse of his scheme, he got out of the market; at a loss, it was true, but still no more than he could stand. If he "held on a little longer, in the hopes of a turn," there was no telling how deep the Bull would gore him. This was no time to think much about "obligations." It had got to be "every man for himself" by now.

A few days after this Crookes sat in his office in the building in La Salle Street that bore his name. It was about eleven o'clock in the morning. His dry, small, beardless face creased a little at the corners of the mouth as he heard the ticker chattering behind him. He knew how the tape read. There had been another flurry on the Board that morning, not half an hour since, and wheat was up again. In the last thirty-six hours it had advanced three cents, and he knew very well that at that very minute the "boys" on the floor were offering nine cents over the dollar for the May option—and not getting it. The market was in a tumult. He fancied he could almost hear the thunder of the Pit as it swirled. All La Salle Street was listening and watching, all Chicago, all the nation, all the world. Not a "factor" on the London 'Change who did not turn an ear down the wind to catch the echo of this turmoil, not an agent de change in the peristyle of the Paris Bourse, who did not strain to note the every modulation of its mighty diapason.

"Well," said the little voice of the man-within-the-man, who in the person of Calvin Hardy Crookes sat listening to the ticker in his office, "well, let it roar. It sure can't hurt C. H. C."

"Can you see Mr. Cressler?" said the clerk at the door.

He came in with a hurried, unsteady step. The long, stooping figure was unkempt; was, in a sense, unjointed, as though some support had been withdrawn. The eyes were deep-sunk, the bones of the face were gaunt and bare; and from moment to moment the man swallowed quickly and moistened his lips.

Crookes nodded as his ally came up, and one finger raised, pointed to a chair. He himself was impassive, calm. He did not move. Taciturn as ever, he waited for the other to speak.

"I want to talk with you, Mr. Crookes," began Cressler, hurriedly. "I—I made up my mind to it day before yesterday, but I put it off. I had hoped that things would come our way. But I can't delay now.... Mr. Crookes, I can't stand this any longer. I must get out of the clique. I haven't the ready money to stand this pace."

There was a silence. Crookes neither moved nor changed expression. His small eyes fixed upon the other, he waited for Cressler to go on.

"I might remind you," Cressler continued, "that when I joined your party I expressly stipulated that our operations should not be speculative."

"You knew—" began Crookes.

"Oh, I have nothing to say," Cressler interrupted. "I did know. I knew from the first it was to be speculation. I tried to deceive myself. I—well, this don't interest you. The point is I must get out of the market. I don't like to go back on you others"—Cressler's fingers were fiddling with his watch chain—"I don't like to—I mean to say you must let me out. You must let me cover—at once. I am—very nearly bankrupt now. Another half-cent rise, and I'm done for. It will take as it is—my—my—all my ready money—all my savings for the last ten years to buy in my wheat."

"Let's see. How much did I sell for you?" demanded Crookes. "Five hundred thousand?"

"Yes, five hundred thousand at ninety-eight—and we're at a dollar nine now. It's an eleven-cent jump. I—I can't stand another eighth. I must cover at once."

Crookes, without answering, drew his desk telephone to him.

"Hello!" he said after a moment. "Hello! … Buy five hundred May, at the market, right away."

He hung up the receiver and leaned back in his chair.

"They'll report the trade in a minute," he said. "Better wait and see."

Cressler stood at the window, his hands clasped behind his back, looking down into the street. He did not answer. The seconds passed, then the minutes. Crookes turned to his desk and signed a few letters, the scrape of his pen the only noise to break the silence of the room. Then at last he observed:

"Pretty bum weather for this time of the year."

Cressler nodded. He took off his hat, and pushed the hair back from his forehead with a slow, persistent gesture; then as the ticker began to click again, he faced around quickly, and crossing the room, ran the tape through his fingers.

"God," he muttered, between his teeth, "I hope your men didn't lose any time. It's up again."

There was a step at the door, and as Crookes called to come in, the office messenger entered and put a slip of paper into his hands. Crookes looked at it, and pushed it across his desk towards Cressler.

"Here you are," he observed. "That's your trade. Five hundred May, at a dollar ten. You were lucky to get it at that—or at any price."

"Ten!" cried the other, as he took the paper.

Crookes turned away again, and glanced indifferently over his letters. Cressler laid the slip carefully down upon the ledge of the desk, and though Crookes did not look up, he could almost feel how the man braced himself, got a grip of himself, put all his resources to the stretch to meet this blow squarely in the front.

"And I said another eighth would bust me," Cressler remarked, with a short laugh. "Well," he added, grimly, "it looks as though I were busted. I suppose, though, we must all expect to get the knife once in a while—mustn't we? Well, there goes fifty thousand dollars of my good money."

"I can tell you who's got it, if you care to know," answered Crookes. "It's a pewter quarter to Government bonds that Gretry, Converse & Co. sold that wheat to you. They've got about all the wheat there is."

"I know, of course, they've been heavy buyers—for this Unknown Bull they talk so much about."

"Well, he ain't Unknown to me," declared Crookes. "I know him. It's Curtis Jadwin. He's the man we've been fighting all along, and all hell's going to break loose down here in three or four days. He's cornered the market."

"Jadwin! You mean J.—Curtis—my friend?"

Crookes grunted an affirmative.

"But—why, he told me he was out of the market—for good."

Crookes did not seem to consider that the remark called for any useless words. He put his hands in his pockets and looked at Cressler.

"Does he know?" faltered Cressler. "Do you suppose he could have heard that I was in this clique of yours?"

"Not unless you told him yourself."

Cressler stood up, clearing his throat.

"I have not told him, Mr. Crookes," he said. "You would do me an especial favor if you would keep it from the public, from everybody, from Mr. Jadwin, that I was a member of this ring."

Crookes swung his chair around and faced his desk.

"Hell! You don't suppose I'm going to talk, do you?"

"Well.... Good-morning, Mr. Crookes."

"Good-morning."

Left alone, Crookes took a turn the length of the room. Then he paused in the middle of the floor, looking down thoughtfully at his trim, small feet.

"Jadwin!" he muttered. "Hm! … Think you're boss of the boat now, don't you? Think I'm done with you, hey? Oh, yes, you'll run a corner in wheat, will you? Well, here's a point for your consideration Mr. Curtis Jadwin, 'Don't get so big that all the other fellows can see you—they throw bricks.'"

He sat down in his chair, and passed a thin and delicate hand across his lean mouth.

"No," he muttered, "I won't try to kill you any more. You've cornered wheat, have you? All right.... Your own wheat, my smart Aleck, will do all the killing I want."

Then at last the news of the great corner, authoritative, definite, went out over all the country, and promptly the figure and name of Curtis Jadwin loomed suddenly huge and formidable in the eye of the public. There was no wheat on the Chicago market. He, the great man, the "Napoleon of La Salle Street," had it all. He sold it or hoarded it, as suited his pleasure. He dictated the price to those men who must buy it of him to fill their contracts. His hand was upon the indicator of the wheat dial of the Board of Trade, and he moved it through as many or as few of the degrees of the circle as he chose.

The newspapers, not only of Chicago, but of every city in the Union, exploited him for "stories." The history of his corner, how he had effected it, its chronology, its results, were told and retold, till his name was familiar in the homes and at the firesides of uncounted thousands. "Anecdotes" were circulated concerning him, interviews—concocted for the most part in the editorial rooms—were printed. His picture appeared. He was described as a cool, calm man of steel, with a cold and calculating grey eye, "piercing as an eagle's"; as a desperate gambler, bold as a buccaneer, his eye black and fiery—a veritable pirate; as a mild, small man with a weak chin and a deprecatory demeanour; as a jolly and roistering "high roller," addicted to actresses, suppers, and to bathing in champagne.

In the Democratic press he was assailed as little better than a thief, vituperated as an oppressor of the people, who ground the faces of the poor, and battened in the luxury wrung from the toiling millions. The Republican papers spoke solemnly of the new era of prosperity upon which the country was entering, referred to the stimulating effect of the higher prices upon capitalised industry, and distorted the situation to an augury of a sweeping Republican victory in the next Presidential campaign.

Day in and day out Gretry's office, where Jadwin now fixed his headquarters, was besieged. Reporters waited in the anteroom for whole half days to get but a nod and a word from the great man. Promoters, inventors, small financiers, agents, manufacturers, even "crayon artists" and horse dealers, even tailors and yacht builders rubbed shoulders with one another outside the door marked "Private."

Farmers from Iowa or Kansas come to town to sell their little quotas of wheat at the prices they once had deemed impossible, shook his hand on the street, and urged him to come out and see "God's own country."

But once, however, an entire deputation of these wheat growers found their way into the sanctum. They came bearing a presentation cup of silver, and their spokesman, stammering and horribly embarrassed in unwonted broadcloth and varnished boots, delivered a short address. He explained that all through the Middle West, all through the wheat belts, a great wave of prosperity was rolling because of Jadwin's corner. Mortgages were being paid off, new and improved farming implements were being bought, new areas seeded new live stock acquired. The men were buying buggies again, the women parlor melodeons, houses and homes were going up; in short, the entire farming population of the Middle West was being daily enriched. In a letter that Jadwin received about this time from an old fellow living in "Bates Corners," Kansas, occurred the words:

"—and, sir, you must know that not a night passes that my little girl, now going on seven, sir, and the brightest of her class in the county seat grammar school, does not pray to have God bless Mister Jadwin, who helped papa save the farm."

If there was another side, if the brilliancy of his triumph yet threw a shadow behind it, Jadwin could ignore it. It was far from him, he could not see it. Yet for all this a story came to him about this time that for long would not be quite forgotten. It came through Corthell, but very indirectly, passed on by a dozen mouths before it reached his ears.

It told of an American, an art student, who at the moment was on a tramping tour through the north of Italy. It was an ugly story. Jadwin pished and pshawed, refusing to believe it, condemning it as ridiculous exaggeration, but somehow it appealed to an uncompromising sense of the probable; it rang true.

"And I met this boy," the student had said, "on the high road, about a kilometre outside of Arezzo. He was a fine fellow of twenty or twenty-two. He knew nothing of the world. England he supposed to be part of the mainland of Europe. For him Cavour and Mazzini were still alive. But when I announced myself American, he roused at once.

"'Ah, American,' he said. 'We know of your compatriot, then, here in Italy—this Jadwin of Chicago, who has bought all the wheat. We have no more bread. The loaf is small as the fist, and costly. We cannot buy it, we have no money. For myself, I do not care. I am young. I can eat lentils and cress. But' and here his voice was a whisper—'but my mother—my mother!'"

"It's a lie!" Jadwin cried. "Of course it's a lie. Good God, if I were to believe every damned story the papers print about me these days I'd go insane."

Yet when he put up the price of wheat to a dollar and twenty cents, the great flour mills of Minnesota and Wisconsin stopped grinding, and finding a greater profit in selling the grain than in milling it, threw their stores upon the market. Though the bakers did not increase the price of their bread as a consequence of this, the loaf—even in Chicago, even in the centre of that great Middle West that weltered in the luxury of production—was smaller, and from all the poorer districts of the city came complaints, protests, and vague grumblings of discontent.