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Rh 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 Etna-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 rumour 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. A sharp spasm convulsed the convalescent share-list. In five minutes the