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294 his ruthlessness in pursuit of his aims that was his most striking characteristic; but there are hundreds of them who would have carried out his plans with just as little consideration for others if they could have formed the plans.

'I'm not saying Americans aren't clever; they are ten times cleverer than we are, as a nation; but I never met another who showed such a degree of sagacity and foresight, such gifts of memory and mental tenacity, such sheer force of intelligence, as there was behind everything Manderson did in his money-making career. They called him the "Napoleon of Wall Street" often enough in the papers; but few people knew so well as I did how much truth there was in the phrase. He seemed never to forget a fact that might be of use to him, in the first place; and he did systematically with the business facts that concerned him what Napoleon did, as I have read, with military facts. He studied them in special digests which were prepared for him at short intervals, and which he always had at hand, so that he could take up his report on coal or wheat or railways, or whatever it might be, in any unoccupied moment. Then he could make a bolder and