The Woman in Black | Page 3

corner of England the life had departed from one cold heart vowed to the service of greed.
The blow could not have fallen at a more disastrous moment. It came when Wall Street was in a condition of suppressed "scare." Suppressed: because for a week past the great interests known to act with or to be actually controlled by the Colossus had been desperately combating the effects of the sudden arrest of Lucas Hahn, and the exposure of his plundering of the Hahn banks. This bombshell, in its turn, had fallen at a time when the market had been "boosted" beyond its real strength. In the language of the place, a slump was due. Reports from the corn-lands had not been good, and there had been two or three railway statements which had been expected to be much better than they were. But at whatever point in the vast area of speculation the shudder of the threatened break had been felt, "the Manderson crowd" had stepped in and held the market up. All through the week the speculator's mind, as shallow as it is quick-witted, as sentimental as greedy, had seen in this the hand of the giant stretched out in protection from afar. Manderson, said the newspapers in chorus, was in hourly communication with his lieutenants in the Street. One journal was able to give, in round figures, the sum spent on cabling between New York and Marlstone in the past twenty-four hours; it told how a small staff of expert operators had been sent down by the Post Office authorities to Marlstone to deal with the flood of messages. Another revealed that Manderson, on the first news of the Hahn crash, had arranged to abandon his holiday and return home by the Lusitania; but that he soon had the situation so well in hand that he had determined to remain where he was.
All this was falsehood, more or less consciously elaborated by the "finance editors," consciously initiated and encouraged by the shrewd business men of the Manderson group, who knew that nothing could better help their plans than this illusion of hero-worship--knew also that no word had come from Manderson in answer to their messages, and that Howard B. Jeffrey, of Steel and Iron fame, was the true organizer of victory. So they fought down apprehension through four feverish days, and minds grew calmer. On Saturday, though the ground beneath the feet of Mr. Jeffrey yet rumbled now and then with ?tna-mutterings of disquiet, he deemed his task almost done. The market was firm and slowly advancing. Wall Street turned to its sleep of Sunday, worn out but thankfully at peace.
In the first trading hour of Monday a hideous rumor flew round the sixty acres of the financial district. It came into being as the lightning comes, a blink that seems to begin nowhere; though it is to be suspected that it was first whispered over the telephone--together with an urgent selling order--by some employee in the cable service. In five minutes the dull noise of the curbstone market in Broad Street had leaped to a high note of frantic interrogation. From within the hive of the Exchange itself could be heard a droning hubbub of fear and men rushed hatless in and out. Was it true? asked every man; and every man replied, with trembling lips, that it was a lie put out by some unscrupulous "short" interest seeking to cover itself. In another quarter of an hour news came of a sudden and ruinous collapse of "Yankees" in London at the close of the Stock Exchange day. It was enough. New York had still four hours' trading in front of her. The strategy of pointing to Manderson as the savior and warden of the market had recoiled upon its authors with annihilating force, and Jeffrey, his ear at his private telephone, listened to the tale of disaster with a set jaw. The new Napoleon had lost his Marengo. He saw the whole financial landscape sliding and falling into chaos before him. In half an hour the news of the finding of Manderson's body, with the inevitable rumor that it was suicide, was printing in a dozen newspaper offices; but before a copy reached Wall Street the tornado of the panic was in full fury, and Howard B. Jeffrey and his collaborators were whirled away like leaves before its breath.
* * * * *
All this sprang out of nothing.
Nothing in the texture of the general life had changed. The corn had not ceased to ripen in the sun. The rivers bore their barges and gave power to a myriad engines. The flocks fattened on the pastures, the herds were unnumbered. Men labored everywhere in the various servitudes to which they were born, and chafed not more than usual