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by those who deceive themselves before trying to deceive others; and James' cupidity and conceit were enormous. He ended by persuading himself that his house, directed and protected by his invincible self, could carry with ease the burden of both loads. Indeed, the Great Lakes gamble now seemed to him a negligible trifle in the comparison--what were its profits of a few hundred thousands beside the millions that would surely be his when the great Woolens Monopoly, bought in for a small fraction of its value, should be controlled by a group of which he would be the dominant personality? He ventured; he won. He was now secure--was not Dumont dispossessed, despoiled, dying? At eleven o'clock on that Monday morning he was seated upon his embossed leather throne, under his grandfather's portrait, immersed in an atmosphere of self-adoration. At intervals he straightened himself, distended his chest, elevated his chin and glanced round with an air of haughty dignity, though there was none to witness and to be impressed. In Wall Street there is a fatuity which, always epidemic among the small fry, infects wise and foolish, great and small, whenever a paretic dream of an enormous haul at a single cast of the net happens to come true. This paretic fatuity now had possession of James; in imagination he was crowning and draping himself with multi-millions, power and fame. At intervals he had been calling up on the telephone at his elbow Zabriskie, the firm's representative on 'Change, and had been spurring him on to larger and more frequent "sales" of Great Lakes. His telephone bell rang. He took down the receiver--"Yes, it's Mr. Fanning-Smith--oh--Mr. Fanshaw----" He listened, in his face for the first few seconds all the pitying amusement a small, vain man can put into an expression of superiority. "Thank you, Mr. Fanshaw," he said. "But really, it's impossible. WE are perfectly secure. No one would venture to disturb US." And he pursed his lips and swelled his fat cheeks in the look for which his father was noted. But, after listening a few seconds longer, his eyes had in them the beginnings of timidity. He turned his head so that he could see the ticker-tape as it reeled off. His heavy cheeks slowly relaxed. "Yes, yes," he said hurriedly. "I'll just speak to our Mr. Zabriskie. Good-by." And he rang off and had his telephone connected with the telephone Zabriskie was using at the Stock Exchange. All
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