e Street' has ever wrestled with," I
replied, "but one thing is clear: no one will dare to sell much until he
receives notice of just what he has been allotted, and then most will be
timid about selling until they have received the receipts. I don't see
how, if nothing definite leaks out, there can be much danger until after
they get their hands on the receipts, and by that time, of course, you
will have a fine market organized to take care of any offerings."
He flinched. I saw again that I had touched his sore spot, for at every
faintest suggestion that our profits should be used to protect the
market, he became as shy as a pick-pocket at a police parade.
CHAPTER XXXI
I WALK THE PLANK
Have you ever seen a bunch of school-boys who, having sneaked under a
corner of the circus tent, are prowling furtively round the show in holy
terror lest some one who has seen their entry may be awaiting a chance
to nab them? One minute they are tasting the raptures of being under the
canvas; the next, longing to be safely outside. That is about how Wall
Street felt on the memorable Friday after the Amalgamated flotation. The
same feeling prevailed generally on Saturday, though I was obliged to
buy a few blocks of the stock at 110 from Wall Street men whose sharp
noses had sniffed a carrion scent in the air. Sunday was uncomfortable,
for I realized that I might have to face bad conditions on the morrow.
On Monday an ominous feeling began to rise and pervade "the Street" like
a miasma mist in a tropical swamp. The bacillus of distrust had started
its infection. I had to buy quite a lot of subscriptions and was now
varying the price from 110, for it seemed possible any moment that
something would break loose.
These were the conditions when on Tuesday a telephone call came from Mr.
Rogers asking me to drop round to 26 Broadway, as he had an important
matter to talk over with me. I reported at the appointed time. Mr.
Rogers was evidently full of business.
"Lawson," he said, "we have figured everything up and balanced accounts,
and each member of the different syndicates is to be given his share,
cash and stock, at once."
"All right," I answered. "That suits me."
"I thought so," he continued pleasantly. "Mr. Rockefeller has had Curtis
figure up your account, and while in the rush he may not have got
everything in, he's fairly accurate. From what you said about getting
your affairs into shape to help the market, it occ
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