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 Mr. Sage. "Yes, sir."

Mr. Choate. "This stock ticker that stood by the desk in the adjoining room, did you keep run of it yourself?"

Mr. Sage. "Yes, sir."

Mr. Choate. "You take care of your own estate besides, do you not?"

Mr. Sage. "Yes, sir."

Mr. Choate. "That took a good deal of time?"

Mr. Sage. "It took some time."

Mr. Choate. "How much time did that occupy?"

Mr. Sage. "I have my assistants, my clerks, the same as you have in your office."

Mr. Choate. "You loan money, you manage these railroads, banks, trust companies, and the other affairs that you have mentioned. Did you not have dealings in stocks?"

Mr. Sage. "Oh, I buy and sell securities occasionally."

Mr. Choate. "Do you not deal in puts and calls and straddles?"

Mr. Sage. "I have in years gone by."

Mr. Choate. "These affairs take your whole time, do they not?"

Mr. Sage. "No, sir; I have leisure. I do not devote all my time to business."

Mr. Choate. "I think this is all."