Part 8 (1/2)

After all, what nonsense it was! Nothing really had happened. A stranger of a few weeks before had declared himself. She did not love him; he was no more to her than any other man. It was a common occurrence. Her judgment accorded with her feeling in what she had done. How was she to know that she had made a mistake, if mistake it was? How was she to know that this hour was a crisis in her life? Surely the little tumult would pa.s.s; surely the little whisper of worldliness could not disturb her ideals. But all the power of exclusion in her mind could not exclude the returning thought of what might have been if she had loved him. Alas! in that moment was born in her heart something that would make the idea of love less simple than it had been in her mind. She was heart-free, but her nature was too deep not to be profoundly affected by this experience.

Looking back upon this afternoon in the light of after-years, she probably could not feel--no one could say--that she had done wrong. How was she to tell? Why is it that to do the right thing is often to make the mistake of a life? Nothing could have been n.o.bler than for Margaret indignantly to put aside a temptation that her heart told her was unworthy. And yet if she had yielded to it?

I ought to ask pardon, perhaps, for dwelling upon a thing so slight as the entrance of a thought in a woman's life. For as to Margaret, she seemed unchanged. She made no sign that anything unusual had occurred.

We only knew that Mr. Lyon went away less cheerful than he usually was, that he said nothing of returning in response to our invitations, and that he seemed to antic.i.p.ate nothing but the fulfillment of a duty in his visit to Was.h.i.+ngton.

What had happened was regarded as only an episode. In fact, however, I doubt if there are any episodes in our lives, any asides, that do not permanently affect our entire career. Are not the episodes, the casual thoughts, the fortuitous, unplanned meetings, the brief and maybe at the moment unnoted events, those which exercise the most influence on our destiny? To all observation the career of Lyon, and not of Margaret, was most affected by their interview. But often the implanting of an idea in the mind is more potent than the frustration of a plan or the gratification of a desire, so hidden are the causes that make character.

For some time I saw little of Margaret. Affairs in which I was not alone or chiefly concerned took me from home. One of the most curious and interesting places in the world is a Chamber in the business heart of New York--if that scene of struggle and pa.s.sion can be said to have a heart--situated midway where the currents of eagerness to acquire the money of other people, not to make it, ceaselessly meet and dash against each other. If we could suppose there was a web covering this region, spun by the most alert and busy of men to catch those less alert and more productive, here in this Chamber would sit the ingenious spiders.

But the a.n.a.logy fails, for spiders do not prey upon each other.

Scientists say that the human system has two nerve-centres--one in the brain, to which and from which are telegraphed all movements depending upon the will, and another in the small of the back, the centre of the involuntary operations of respiration, digestion, and so on. It may be fanciful to suppose that in the national system Was.h.i.+ngton is the one nervous centre and New York the other. And yet it does sometimes seem that the nerves and ganglions in the small of the back in the commercial metropolis act automatically and without any visible intervention of intelligence. For all that, their operations may be as essential as the other, in which the will-power sometimes gets into a deadlock, and sometimes telegraphs the most eccentric and incomprehensible orders.

Puzzled by these contradictions, some philosophers have said that there may be somewhere outside of these two material centres another power that keeps affairs moving along with some steadiness.

This n.o.ble Chamber has a large irregular area of floor s.p.a.ce, is very high, and has running round three sides a narrow elevated gallery, from which spectators can look down upon the throng below. Upon a raised dais at one side sits the presiding genius of the place, who rules very much as Jupiter was supposed to govern the earthly swarms, by letting things run and occasionally launching a thunderbolt. High up on one side, in an Olympian seclusion, away from the noise and the strife, sits a Board, calm as fate, and panoplied in the responsibility of chance, whose function seems to be that of switch-s.h.i.+fters in their windowed cubby at a network of railway intersections--to prevent collisions.

At both ends of the floor and along one side are narrow railed-off s.p.a.ces full of clerks figuring at desks, of telegraph operators clicking their machines, of messenger-boys arriving and departing in haste, of unprivileged operators nervously watching the scene and waiting the chance of a word with some one on the floor; through noiseless swinging doors men are entering and departing every moment--men in a hurry, men with anxious faces, conscious that the fate of the country is in their hands. On the floor itself are five hundred, perhaps a thousand, men, gathered for the most part in small groups about little stands upon the summit of which is a rallying legend, talking, laughing, screaming, good-natured, indifferent, excited, running hither and thither in response to changing figures in the checker-board squares on the great wall opposite--calm, cynical one moment, the next violently agitated, shouting, gesticulating, rus.h.i.+ng together, shaking their fists in a tumult of pa.s.sion which presently subsides.

The swarms ebb and flow about these little stands--bees, not bringing any honey, but attracted to the hive where it is rumored most honey is to be had. By habit some always stand or sit about a particular hive, waiting for the show of comb. By-and-by there is a stir; the crowd thickens; one beardless youth shouts out the figure ”one-half”; another howls, ”three-eighths.” The first one nods. It is done. The electric wire running up the stand quivers and takes the figure, pa.s.ses it to all the other wires, transmits it to every office and hotel in the city, to all the ”tickers” in ten thousand chambers and ”bucketshops” and offices in the republic. Suddenly on the bulletin-boards in New Orleans, Chicago, San Francisco, Podunk, Liverpool, appear the mysterious ”three-eighths,” electrifying the watchers of these boards, who begin to jabber and gesticulate and ”transact business.” It is wonderful.

What induced the beardless young man to make this ”investment” in ”three-eighths”--who can tell? Perhaps he had heard, as he came into the room, that the Secretary of the Treasury was going to make a call of Fives; perhaps he had heard that Bismarck had said that the French blood was too thin and needed a little more iron; perhaps he had heard that a norther in Texas had killed a herd of cattle, or that two gra.s.shoppers had been seen in the neighborhood of Fargo, or that Jay Hawker had been observed that morning hurrying to his brokers with a scowl on his face and his hat pulled over his eyes. The young man sold what he did not have, and the other young man bought what he will never get.

This is business of the higher and almost immaterial sort, and has an element of faith in it, and, as one may say, belief in the unseen, whence it is characterized by an expression--”dealing in futures.” It is not gambling, for there are no ”chips” used, and there is no roulette-table in sight, and there are no piles of money or piles of anything else. It is not a lottery, for there is no wheel at which impartial men preside to insure honest drawings, and there are no predestined blanks and prizes, and the man who buys and the man who sells can do something, either in the newspapers or elsewhere, to affect the worth of the investment, whereas in a lottery everything depends upon the turn of the blind wheel. It is not necessary, however, to attempt a defense of the Chamber. It is one of the recognized ways of becoming important and powerful in this world. The privilege of the floor--a seat, as it is called--in this temple of the G.o.d Chance to be Rich is worth more than a seat in the Cabinet. It is not only true that a fortune may be made here in a day or lost here in a day, but that a nod and a wink here enable people all over the land to ruin others or ruin themselves with celerity. The relation of the Chamber to the business of the country is therefore evident. If an earthquake should suddenly sink this temple and all its votaries into the bowels of the earth, with all its nervousness and all its electricity, it is appalling to think what would become of the business of the country.

Not far from this vast Chamber, where great financial operations are conducted on the highest principles of honor, and with the strictest regard to the Marquis of Dusenbury's rules, there is another less pretentious Chamber, known as ”open,” a sort of overflow meeting. Those who have not quite left hope behind can go in here. Here are the tickers communicating with the Chamber, tended by lads, who transfer the figures to big blackboards on the wall. In front of these boards sit, from morning to night, rows, perhaps relays, of men intently or listlessly watching the figures. Many of them, who seldom make a sign, come here from habit; they have nowhere else to go. Some of them were once lords in the great Chamber, who have been, as the phrase is, ”cleaned out.”

There is a gray-bearded veteran in seedy clothes, with sunken fiery eyes, who was once many times a millionaire, was a power in the Board, followed by reporters, had a palace in the Avenue, and drove to his office with coachman and footman in livery, and his wife headed the list of charities. Now he spends his old age watching this blackboard, and considers it a good day that brings him five dollars and his car-fare.

At one end of the low-ceiled apartment are busy clerks behind a counter, alert and cheerful. If one should go through a side door and down a pa.s.sage he might encounter the smell of rum. Smart young men, clad in the choicest raiment from the misfit counters, with greed stamped on their astute faces, bustle about, watch the blackboards, and make investments with each other. Middle-aged men in slouch hats lounge around with hungry eyes. The place is feverish rather than exciting. A tall fellow, whose gait and clothes proclaim him English, with a hard face and lack-l.u.s.tre eyes, saunters about; his friends at home suppose he is making his fortune in America. A dapper young gentleman, quite in the mode, and with the quick air of prosperity, rapidly enters the room and confers with a clerk at the counter. He has the run of the Chamber, and is from the great house of Flamm and Slamm. Perhaps he is taking a ”flier” on his own account, perhaps he represents his house in a side transaction; there are so many ways open to enterprising young men in the city; at any rate, his entrance is regarded as significant: This is not a hospital for the broken down and ”cleaned out” of the Chamber, but it is a place of business, which is created and fed by the incessant ”ticker.” How men existed or did any business at all before the advent of the ”ticker” is a wonder.

But the Chamber, the creator of low-pressure and high-pressure, the inspirer of the ”ticker,” is the great generator of business. Here I found Henderson in the morning hour, and he came up to me on the call of a messenger. He approached, nonchalant and smiling as usual. ”Do you see that man,” he said, as we stood a moment looking down, ”sitting there on a side bench--big body, small head, hair grayish, long beard parted--apparently taking no interest in anything?

”That's Flink, who made the corner in O. B.--one of the longest-headed operators in the Chamber. He is about the only man who dare try a hold with Jay Hawker. And for some reason or another, though they have apparent tussles, Hawker rather favors him. Five years ago he could just raise money enough to get into the Chamber. Now he is reckoned at anywhere from five to ten millions. I was at his home the other night.

Everybody was there. I had a queer feeling, in all the magnificence, that the sheriff might be in there in ten days. Yet he may own a good slice of the island in ten years. His wife, whom I complimented, and who thanked me for coming, said she had invited none but the reshershy.”

”He looks like a rascal,” I ventured to remark.

”Oh, that is not a word used in the Chamber. He is called a 'daisy.'

I was put into his pew in church the other Sunday, and the preacher described him and his methods so exactly that I didn't dare look at him.

When we came out he whispered, 'That was rather hard on Slack; he must have felt it.' These men rather like that sort of preaching.”

”I don't come here often,” Henderson resumed, as we walked away. ”The market is flat today. There promised to be a little flurry in L. and P., and I looked in for a customer.”

We walked to his down-town club to lunch. Everybody, I noticed, seemed to know Henderson, and his presence was hailed with a cordial smile, a good-humored nod, or a hearty grasp of the hand. I never knew a more prepossessing man; his bonhomie was infectious. Though his demeanor was perfectly quiet and modest, he carried the air of good-fellows.h.i.+p. He was entirely frank, cordial, and had that sort of sincerity which one can afford to have who does not take life too seriously. Tall--at least six feet-with a well-shaped head set on square shoulders, brown hair inclined to curl, large blue eyes which could be merry or exceedingly grave, I thought him a picture of manly beauty. Good-natured, clever, prosperous, and not yet thirty. What a dower!

After we had disposed of our little matter of business, which I confess was not exactly satisfactory to me, although when I was told that ”the first bondholders will be obliged to come in,” he added that ”of course we shall take care of our friends,” we went to his bachelor quarters uptown. ”I want you to see,” he said, ”how a hermit lives.”

The apartments were not my idea of a hermitage--except in the city.

A charming library, s.p.a.cious, but so full as to be cozy, with an open fire; chamber, dressing-room, and bathroom connecting, furnished with everything that a luxurious habit could suggest and good taste would not refuse, made a retreat that could almost reconcile a sinner to solitude.

There were a few good paintings, many rare engravings, on the walls, a notable absence, even in the sleeping-room, of photographs of actresses and professional beauties, but here and there souvenirs of travel and evidences that the gentler s.e.x had contributed the skill of their slender fingers to the cheerfulness of the bachelor's home. Scattered about were the daily and monthly products of the press, the newest sensations, the things talked about at dinners, but the walls for the most part were lined with books that are recognized as the proper possessions of the lover of books, and most of them in exquisite bindings. Less care, I thought, had been given in the collection to ”sets” of ”standards” than to those that are rare, or for some reason, either from distinguished owners.h.i.+p or autograph notes, have a peculiar value.