The Financier : Chapter 61

The Magic Crystal

If you had been a mystic or a soothsayer or a member of that mysterious world which divines by incantations, dreams, the mystic bowl, or the crystal sphere, you might have looked into their mysterious depths at this time and foreseen a world of happenings which concerned these two, who were now apparently so fortunately placed. In the fumes of the witches' pot, or the depths of the radiant crystal, might have been revealed cities, cities, cities; a world of mansions, carriages, jewels, beauty; a vast metropolis outraged by the power of one man; a great state seething with indignation over a force it could not control; vast halls of priceless pictures; a palace unrivaled for its magnificence; a whole world reading with wonder, at times, of a given name. And sorrow, sorrow, sorrow.

The three witches that hailed Macbeth upon the blasted heath might in turn have called to Cowperwood, "Hail to you, Frank Cowperwood, master of a great railway system! Hail to you, Frank Cowperwood, builder of a priceless mansion! Hail to you, Frank Cowperwood, patron of arts and possessor of endless riches! You shall be famed hereafter." But like the Weird Sisters, they would have lied, for in the glory was also the ashes of Dead Sea fruit—an understanding that could neither be inflamed by desire nor satisfied by luxury; a heart that was long since wearied by experience; a soul that was as bereft of illusion as a windless moon. And to Aileen, as to Macduff, they might have spoken a more pathetic promise, one that concerned hope and failure. To have and not to have! All the seeming, and yet the sorrow of not having! Brilliant society that shone in a mirage, yet locked its doors; love that eluded as a will-o'-the-wisp and died in the dark. "Hail to you, Frank Cowperwood, master and no master, prince of a world of dreams whose reality was disillusion!" So might the witches have called, the bowl have danced with figures, the fumes with vision, and it would have been true. What wise man might not read from such a beginning, such an end?

The Financier : Chapter 60

Concerning Mycteroperca Bonaci

There is a certain fish, the scientific name of which is Mycteroperca Bonaci, its common name Black Grouper, which is of considerable value as an afterthought in this connection, and which deserves to be better known. It is a healthy creature, growing quite regularly to a weight of two hundred and fifty pounds, and lives a comfortable, lengthy existence because of its very remarkable ability to adapt itself to conditions. That very subtle thing which we call the creative power, and which we endow with the spirit of the beatitudes, is supposed to build this mortal life in such fashion that only honesty and virtue shall prevail. Witness, then, the significant manner in which it has fashioned the black grouper. One might go far afield and gather less forceful indictments—the horrific spider spinning his trap for the unthinking fly; the lovely Drosera (Sundew) using its crimson calyx for a smothering-pit in which to seal and devour the victim of its beauty; the rainbow-colored jellyfish that spreads its prismed tentacles like streamers of great beauty, only to sting and torture all that falls within their radiant folds. Man himself is busy digging the pit and fashioning the snare, but he will not believe it. His feet are in the trap of circumstance; his eyes are on an illusion.

Mycteroperca moving in its dark world of green waters is as fine an illustration of the constructive genius of nature, which is not beatific, as any which the mind of man may discover. Its great superiority lies in an almost unbelievable power of simulation, which relates solely to the pigmentation of its skin. In electrical mechanics we pride ourselves on our ability to make over one brilliant scene into another in the twinkling of an eye, and flash before the gaze of an onlooker picture after picture, which appear and disappear as we look. The directive control of Mycteroperca over its appearance is much more significant. You cannot look at it long without feeling that you are witnessing something spectral and unnatural, so brilliant is its power to deceive. From being black it can become instantly white; from being an earth-colored brown it can fade into a delightful water-colored green. Its markings change as the clouds of the sky. One marvels at the variety and subtlety of its power.

Lying at the bottom of a bay, it can simulate the mud by which it is surrounded. Hidden in the folds of glorious leaves, it is of the same markings. Lurking in a flaw of light, it is like the light itself shining dimly in water. Its power to elude or strike unseen is of the greatest.

What would you say was the intention of the overruling, intelligent, constructive force which gives to Mycteroperca this ability? To fit it to be truthful? To permit it to present an unvarying appearance which all honest life-seeking fish may know? Or would you say that subtlety, chicanery, trickery, were here at work? An implement of illusion one might readily suspect it to be, a living lie, a creature whose business it is to appear what it is not, to simulate that with which it has nothing in common, to get its living by great subtlety, the power of its enemies to forefend against which is little. The indictment is fair.

Would you say, in the face of this, that a beatific, beneficent creative, overruling power never wills that which is either tricky or deceptive? Or would you say that this material seeming in which we dwell is itself an illusion? If not, whence then the Ten Commandments and the illusion of justice? Why were the Beatitudes dreamed of and how do they avail?

The Financier : Chapter 59

Chapter 59

The banking house of Jay Cooke & Co., in spite of its tremendous significance as a banking and promoting concern, was a most unpretentious affair, four stories and a half in height of gray stone and red brick. It had never been deemed a handsome or comfortable banking house. Cowperwood had been there often. Wharf-rats as long as the forearm of a man crept up the culverted channels of Dock Street to run through the apartments at will. Scores of clerks worked under gas-jets, where light and air were not any too abundant, keeping track of the firm's vast accounts. It was next door to the Girard National Bank, where Cowperwood's friend Davison still flourished, and where the principal financial business of the street converged. As Cowperwood ran he met his brother Edward, who was coming to the stock exchange with some word for him from Wingate.

"Run and get Wingate and Joe," he said. "There's something big on this afternoon. Jay Cooke has failed."

Edward waited for no other word, but hurried off as directed.

Cowperwood reached Cooke & Co. among the earliest. To his utter astonishment, the solid brown-oak doors, with which he was familiar, were shut, and a notice posted on them, which he quickly read, ran:

September 18, 1873.

To the Public—

We regret to be obliged to announce that, owing to unexpected demands on us, our firm has been obliged to suspend payment. In a few days we will be able to present a statement to our creditors. Until which time we must ask their patient consideration. We believe our assets to be largely in excess of our liabilities.

Jay Cooke & Co.

A magnificent gleam of triumph sprang into Cowperwood's eye. In company with many others he turned and ran back toward the exchange, while a reporter, who had come for information knocked at the massive doors of the banking house, and was told by a porter, who peered out of a diamond-shaped aperture, that Jay Cooke had gone home for the day and was not to be seen.

"Now," thought Cowperwood, to whom this panic spelled opportunity, not ruin, "I'll get my innings. I'll go short of this—of everything."

Before, when the panic following the Chicago fire had occurred, he had been long—had been compelled to stay long of many things in order to protect himself. To-day he had nothing to speak of—perhaps a paltry seventy-five thousand dollars which he had managed to scrape together. Thank God! he had only the reputation of Wingate's old house to lose, if he lost, which was nothing. With it as a trading agency behind him—with it as an excuse for his presence, his right to buy and sell—he had everything to gain. Where many men were thinking of ruin, he was thinking of success. He would have Wingate and his two brothers under him to execute his orders exactly. He could pick up a fourth and a fifth man if necessary. He would give them orders to sell—everything—ten, fifteen, twenty, thirty points off, if necessary, in order to trap the unwary, depress the market, frighten the fearsome who would think he was too daring; and then he would buy, buy, buy, below these figures as much as possible, in order to cover his sales and reap a profit.

His instinct told him how widespread and enduring this panic would be. The Northern Pacific was a hundred-million-dollar venture. It involved the savings of hundreds of thousands of people—small bankers, tradesmen, preachers, lawyers, doctors, widows, institutions all over the land, and all resting on the faith and security of Jay Cooke. Once, not unlike the Chicago fire map, Cowperwood had seen a grand prospectus and map of the location of the Northern Pacific land-grant which Cooke had controlled, showing a vast stretch or belt of territory extending from Duluth—"The Zenith City of the Unsalted Seas," as Proctor Knott, speaking in the House of Representatives, had sarcastically called it—through the Rockies and the headwaters of the Missouri to the Pacific Ocean. He had seen how Cooke had ostensibly managed to get control of this government grant, containing millions upon millions of acres and extending fourteen hundred miles in length; but it was only a vision of empire. There might be silver and gold and copper mines there. The land was usable—would some day be usable. But what of it now? It would do to fire the imaginations of fools with—nothing more. It was inaccessible, and would remain so for years to come. No doubt thousands had subscribed to build this road; but, too, thousands would now fail if it had failed. Now the crash had come. The grief and the rage of the public would be intense. For days and days and weeks and months, normal confidence and courage would be gone. This was his hour. This was his great moment. Like a wolf prowling under glittering, bitter stars in the night, he was looking down into the humble folds of simple men and seeing what their ignorance and their unsophistication would cost them.

He hurried back to the exchange, the very same room in which only two years before he had fought his losing fight, and, finding that his partner and his brother had not yet come, began to sell everything in sight. Pandemonium had broken loose. Boys and men were fairly tearing in from all sections with orders from panic-struck brokers to sell, sell, sell, and later with orders to buy; the various trading-posts were reeling, swirling masses of brokers and their agents. Outside in the street in front of Jay Cooke & Co., Clark & Co., the Girard National Bank, and other institutions, immense crowds were beginning to form. They were hurrying here to learn the trouble, to withdraw their deposits, to protect their interests generally. A policeman arrested a boy for calling out the failure of Jay Cooke & Co., but nevertheless the news of the great disaster was spreading like wild-fire.

Among these panic-struck men Cowperwood was perfectly calm, deadly cold, the same Cowperwood who had pegged solemnly at his ten chairs each day in prison, who had baited his traps for rats, and worked in the little garden allotted him in utter silence and loneliness. Now he was vigorous and energetic. He had been just sufficiently about this exchange floor once more to have made his personality impressive and distinguished. He forced his way into the center of swirling crowds of men already shouting themselves hoarse, offering whatever was being offered in quantities which were astonishing, and at prices which allured the few who were anxious to make money out of the tumbling prices to buy. New York Central had been standing at 104 7/8 when the failure was announced; Rhode Island at 108 7/8; Western Union at 92 1/2; Wabash at 70 1/4; Panama at 117 3/8; Central Pacific at 99 5/8; St. Paul at 51; Hannibal & St. Joseph at 48; Northwestern at 63; Union Pacific at 26 3/4; Ohio and Mississippi at 38 3/4. Cowperwood's house had scarcely any of the stocks on hand. They were not carrying them for any customers, and yet he sold, sold, sold, to whoever would take, at prices which he felt sure would inspire them.

"Five thousand of New York Central at ninety-nine, ninety-eight, ninety-seven, ninety-six, ninety-five, ninety-four, ninety-three, ninety-two, ninety-one, ninety, eighty-nine," you might have heard him call; and when his sales were not sufficiently brisk he would turn to something else—Rock Island, Panama, Central Pacific, Western Union, Northwestern, Union Pacific. He saw his brother and Wingate hurrying in, and stopped in his work long enough to instruct them. "Sell everything you can," he cautioned them quietly, "at fifteen points off if you have to—no lower than that now—and buy all you can below it. Ed, you see if you cannot buy up some local street-railways at fifteen off. Joe, you stay near me and buy when I tell you."

The secretary of the board appeared on his little platform.

"E. W. Clark & Company," he announced, at one-thirty, "have just closed their doors."

"Tighe & Company," he called at one-forty-five, "announce that they are compelled to suspend."

"The First National Bank of Philadelphia," he called, at two o'clock, "begs to state that it cannot at present meet its obligations."

After each announcement, always, as in the past, when the gong had compelled silence, the crowd broke into an ominous "Aw, aw, aw."

"Tighe & Company," thought Cowperwood, for a single second, when he heard it. "There's an end of him." And then he returned to his task.

When the time for closing came, his coat torn, his collar twisted loose, his necktie ripped, his hat lost, he emerged sane, quiet, steady-mannered.

"Well, Ed," he inquired, meeting his brother, "how'd you make out?" The latter was equally torn, scratched, exhausted.

"Christ," he replied, tugging at his sleeves, "I never saw such a place as this. They almost tore my clothes off."

"Buy any local street-railways?"

"About five thousand shares."

"We'd better go down to Green's," Frank observed, referring to the lobby of the principal hotel. "We're not through yet. There'll be more trading there."

He led the way to find Wingate and his brother Joe, and together they were off, figuring up some of the larger phases of their purchases and sales as they went.

And, as he predicted, the excitement did not end with the coming of the night. The crowd lingered in front of Jay Cooke & Co.'s on Third Street and in front of other institutions, waiting apparently for some development which would be favorable to them. For the initiated the center of debate and agitation was Green's Hotel, where on the evening of the eighteenth the lobby and corridors were crowded with bankers, brokers, and speculators. The stock exchange had practically adjourned to that hotel en masse. What of the morrow? Who would be the next to fail? From whence would money be forthcoming? These were the topics from each mind and upon each tongue. From New York was coming momentarily more news of disaster. Over there banks and trust companies were falling like trees in a hurricane. Cowperwood in his perambulations, seeing what he could see and hearing what he could hear, reaching understandings which were against the rules of the exchange, but which were nevertheless in accord with what every other person was doing, saw about him men known to him as agents of Mollenhauer and Simpson, and congratulated himself that he would have something to collect from them before the week was over. He might not own a street-railway, but he would have the means to. He learned from hearsay, and information which had been received from New York and elsewhere, that things were as bad as they could be, and that there was no hope for those who expected a speedy return of normal conditions. No thought of retiring for the night entered until the last man was gone. It was then practically morning.

The next day was Friday, and suggested many ominous things. Would it be another Black Friday? Cowperwood was at his office before the street was fairly awake. He figured out his program for the day to a nicety, feeling strangely different from the way he had felt two years before when the conditions were not dissimilar. Yesterday, in spite of the sudden onslaught, he had made one hundred and fifty thousand dollars, and he expected to make as much, if not more, to-day. There was no telling what he could make, he thought, if he could only keep his small organization in perfect trim and get his assistants to follow his orders exactly. Ruin for others began early with the suspension of Fisk & Hatch, Jay Cooke's faithful lieutenants during the Civil War. They had calls upon them for one million five hundred thousand dollars in the first fifteen minutes after opening the doors, and at once closed them again, the failure being ascribed to Collis P. Huntington's Central Pacific Railroad and the Chesapeake & Ohio. There was a long-continued run on the Fidelity Trust Company. News of these facts, and of failures in New York posted on 'change, strengthened the cause Cowperwood was so much interested in; for he was selling as high as he could and buying as low as he could on a constantly sinking scale. By twelve o'clock he figured with his assistants that he had cleared one hundred thousand dollars; and by three o'clock he had two hundred thousand dollars more. That afternoon between three and seven he spent adjusting his trades, and between seven and one in the morning, without anything to eat, in gathering as much additional information as he could and laying his plans for the future. Saturday morning came, and he repeated his performance of the day before, following it up with adjustments on Sunday and heavy trading on Monday. By Monday afternoon at three o'clock he figured that, all losses and uncertainties to one side, he was once more a millionaire, and that now his future lay clear and straight before him.

As he sat at his desk late that afternoon in his office looking out into Third Street, where a hurrying of brokers, messengers, and anxious depositors still maintained, he had the feeling that so far as Philadelphia and the life here was concerned, his day and its day with him was over. He did not care anything about the brokerage business here any more or anywhere. Failures such as this, and disasters such as the Chicago fire, that had overtaken him two years before, had cured him of all love of the stock exchange and all feeling for Philadelphia. He had been very unhappy here in spite of all his previous happiness; and his experience as a convict had made, him, he could see quite plainly, unacceptable to the element with whom he had once hoped to associate. There was nothing else to do, now that he had reestablished himself as a Philadelphia business man and been pardoned for an offense which he hoped to make people believe he had never committed, but to leave Philadelphia to seek a new world.

"If I get out of this safely," he said to himself, "this is the end. I am going West, and going into some other line of business." He thought of street-railways, land speculation, some great manufacturing project of some kind, even mining, on a legitimate basis.

"I have had my lesson," he said to himself, finally getting up and preparing to leave. "I am as rich as I was, and only a little older. They caught me once, but they will not catch me again." He talked to Wingate about following up the campaign on the lines in which he had started, and he himself intended to follow it up with great energy; but all the while his mind was running with this one rich thought: "I am a millionaire. I am a free man. I am only thirty-six, and my future is all before me."

It was with this thought that he went to visit Aileen, and to plan for the future.

It was only three months later that a train, speeding through the mountains of Pennsylvania and over the plains of Ohio and Indiana, bore to Chicago and the West the young financial aspirant who, in spite of youth and wealth and a notable vigor of body, was a solemn, conservative speculator as to what his future might be. The West, as he had carefully calculated before leaving, held much. He had studied the receipts of the New York Clearing House recently and the disposition of bank-balances and the shipment of gold, and had seen that vast quantities of the latter metal were going to Chicago. He understood finance accurately. The meaning of gold shipments was clear. Where money was going trade was—a thriving, developing life. He wished to see clearly for himself what this world had to offer.

Two years later, following the meteoric appearance of a young speculator in Duluth, and after Chicago had seen the tentative opening of a grain and commission company labeled Frank A. Cowperwood & Co., which ostensibly dealt in the great wheat crops of the West, a quiet divorce was granted Mrs. Frank A. Cowperwood in Philadelphia, because apparently she wished it. Time had not seemingly dealt badly with her. Her financial affairs, once so bad, were now apparently all straightened out, and she occupied in West Philadelphia, near one of her sisters, a new and interesting home which was fitted with all the comforts of an excellent middle-class residence. She was now quite religious once more. The two children, Frank and Lillian, were in private schools, returning evenings to their mother. "Wash" Sims was once more the negro general factotum. Frequent visitors on Sundays were Mr. and Mrs. Henry Worthington Cowperwood, no longer distressed financially, but subdued and wearied, the wind completely gone from their once much-favored sails. Cowperwood, senior, had sufficient money wherewith to sustain himself, and that without slaving as a petty clerk, but his social joy in life was gone. He was old, disappointed, sad. He could feel that with his quondam honor and financial glory, he was the same—and he was not. His courage and his dreams were gone, and he awaited death.

Here, too, came Anna Adelaide Cowperwood on occasion, a clerk in the city water office, who speculated much as to the strange vicissitudes of life. She had great interest in her brother, who seemed destined by fate to play a conspicuous part in the world; but she could not understand him. Seeing that all those who were near to him in any way seemed to rise or fall with his prosperity, she did not understand how justice and morals were arranged in this world. There seemed to be certain general principles—or people assumed there were—but apparently there were exceptions. Assuredly her brother abided by no known rule, and yet he seemed to be doing fairly well once more. What did this mean? Mrs. Cowperwood, his former wife, condemned his actions, and yet accepted of his prosperity as her due. What were the ethics of that?

Cowperwood's every action was known to Aileen Butler, his present whereabouts and prospects. Not long after his wife's divorce, and after many trips to and from this new world in which he was now living, these two left Philadelphia together one afternoon in the winter. Aileen explained to her mother, who was willing to go and live with Norah, that she had fallen in love with the former banker and wished to marry him. The old lady, gathering only a garbled version of it at first, consented.

Thus ended forever for Aileen this long-continued relationship with this older world. Chicago was before her—a much more distinguished career, Frank told her, than ever they could have had in Philadelphia.

"Isn't it nice to be finally going?" she commented.

"It is advantageous, anyhow," he said.

The Financier : Chapter 58

Chapter 58

This matter of the pardon of Cowperwood, the exact time of it, was kept a secret from him, though the fact that he was to be pardoned soon, or that he had a very excellent chance of being, had not been denied—rather had been made much of from time to time. Wingate had kept him accurately informed as to the progress being made, as had Steger; but when it was actually ascertained, from the Governor's private secretary, that a certain day would see the pardon handed over to them, Steger, Wingate, and Walter Leigh had agreed between themselves that they would say nothing, taking Cowperwood by surprise. They even went so far—that is, Steger and Wingate did—as to indicate to Cowperwood that there was some hitch to the proceedings and that he might not now get out so soon. Cowperwood was somewhat depressed, but properly stoical; he assured himself that he could wait, and that he would be all right sometime. He was rather surprised therefore, one Friday afternoon, to see Wingate, Steger, and Leigh appear at his cell door, accompanied by Warden Desmas.

The warden was quite pleased to think that Cowperwood should finally be going out—he admired him so much—and decided to come along to the cell, to see how he would take his liberation. On the way Desmas commented on the fact that he had always been a model prisoner. "He kept a little garden out there in that yard of his," he confided to Walter Leigh. "He had violets and pansies and geraniums out there, and they did very well, too."

Leigh smiled. It was like Cowperwood to be industrious and tasteful, even in prison. Such a man could not be conquered. "A very remarkable man, that," he remarked to Desmas.

"Very," replied the warden. "You can tell that by looking at him."

The four looked in through the barred door where he was working, without being observed, having come up quite silently.

"Hard at it, Frank?" asked Steger.

Cowperwood glanced over his shoulder and got up. He had been thinking, as always these days, of what he would do when he did get out.

"What is this," he asked—"a political delegation?" He suspected something on the instant. All four smiled cheeringly, and Bonhag unlocked the door for the warden.

"Nothing very much, Frank," replied Stager, gleefully, "only you're a free man. You can gather up your traps and come right along, if you wish."

Cowperwood surveyed his friends with a level gaze. He had not expected this so soon after what had been told him. He was not one to be very much interested in the practical joke or the surprise, but this pleased him—the sudden realization that he was free. Still, he had anticipated it so long that the charm of it had been discounted to a certain extent. He had been unhappy here, and he had not. The shame and humiliation of it, to begin with, had been much. Latterly, as he had become inured to it all, the sense of narrowness and humiliation had worn off. Only the consciousness of incarceration and delay irked him. Barring his intense desire for certain things—success and vindication, principally—he found that he could live in his narrow cell and be fairly comfortable. He had long since become used to the limy smell (used to defeat a more sickening one), and to the numerous rats which he quite regularly trapped. He had learned to take an interest in chair-caning, having become so proficient that he could seat twenty in a day if he chose, and in working in the little garden in spring, summer, and fall. Every evening he had studied the sky from his narrow yard, which resulted curiously in the gift in later years of a great reflecting telescope to a famous university. He had not looked upon himself as an ordinary prisoner, by any means—had not felt himself to be sufficiently punished if a real crime had been involved. From Bonhag he had learned the history of many criminals here incarcerated, from murderers up and down, and many had been pointed out to him from time to time. He had been escorted into the general yard by Bonhag, had seen the general food of the place being prepared, had heard of Stener's modified life here, and so forth. It had finally struck him that it was not so bad, only that the delay to an individual like himself was wasteful. He could do so much now if he were out and did not have to fight court proceedings. Courts and jails! He shook his head when he thought of the waste involved in them.

"That's all right," he said, looking around him in an uncertain way. "I'm ready."

He stepped out into the hall, with scarcely a farewell glance, and to Bonhag, who was grieving greatly over the loss of so profitable a customer, he said: "I wish you would see that some of these things are sent over to my house, Walter. You're welcome to the chair, that clock, this mirror, those pictures—all of these things in fact, except my linen, razors, and so forth."

The last little act of beneficence soothed Bonhag's lacerated soul a little. They went out into the receiving overseer's office, where Cowperwood laid aside his prison suit and the soft shirt with a considerable sense of relief. The clog shoes had long since been replaced by a better pair of his own. He put on the derby hat and gray overcoat he had worn the year before, on entering, and expressed himself as ready. At the entrance of the prison he turned and looked back—one last glance—at the iron door leading into the garden.

"You don't regret leaving that, do you, Frank?" asked Steger, curiously.

"I do not," replied Cowperwood. "It wasn't that I was thinking of. It was just the appearance of it, that's all."

In another minute they were at the outer gate, where Cowperwood shook the warden finally by the hand. Then entering a carriage outside the large, impressive, Gothic entrance, the gates were locked behind them and they were driven away.

"Well, there's an end of that, Frank," observed Steger, gayly; "that will never bother you any more."

"Yes," replied Cowperwood. "It's worse to see it coming than going."

"It seems to me we ought to celebrate this occasion in some way," observed Walter Leigh. "It won't do just to take Frank home. Why don't we all go down to Green's? That's a good idea."

"I'd rather not, if you don't mind," replied Cowperwood, feelingly. "I'll get together with you all, later. Just now I'd like to go home and change these clothes."

He was thinking of Aileen and his children and his mother and father and of his whole future. Life was going to broaden out for him considerably from now on, he was sure of it. He had learned so much about taking care of himself in those thirteen months. He was going to see Aileen, and find how she felt about things in general, and then he was going to resume some such duties as he had had in his own concern, with Wingate & Co. He was going to secure a seat on 'change again, through his friends; and, to escape the effect of the prejudice of those who might not care to do business with an ex-convict, he was going to act as general outside man, and floor man on 'charge, for Wingate & Co. His practical control of that could not be publicly proved. Now for some important development in the market—some slump or something. He would show the world whether he was a failure or not.

They let him down in front of his wife's little cottage, and he entered briskly in the gathering gloom.

On September 18, 1873, at twelve-fifteen of a brilliant autumn day, in the city of Philadelphia, one of the most startling financial tragedies that the world has ever seen had its commencement. The banking house of Jay Cooke & Co., the foremost financial organization of America, doing business at Number 114 South Third Street in Philadelphia, and with branches in New York, Washington, and London, closed its doors. Those who know anything about the financial crises of the United States know well the significance of the panic which followed. It is spoken of in all histories as the panic of 1873, and the widespread ruin and disaster which followed was practically unprecedented in American history.

At this time Cowperwood, once more a broker—ostensibly a broker's agent—was doing business in South Third Street, and representing Wingate & Co. on 'change. During the six months which had elapsed since he had emerged from the Eastern Penitentiary he had been quietly resuming financial, if not social, relations with those who had known him before.

Furthermore, Wingate & Co. were prospering, and had been for some time, a fact which redounded to his credit with those who knew. Ostensibly he lived with his wife in a small house on North Twenty-first Street. In reality he occupied a bachelor apartment on North Fifteenth Street, to which Aileen occasionally repaired. The difference between himself and his wife had now become a matter of common knowledge in the family, and, although there were some faint efforts made to smooth the matter over, no good resulted. The difficulties of the past two years had so inured his parents to expect the untoward and exceptional that, astonishing as this was, it did not shock them so much as it would have years before. They were too much frightened by life to quarrel with its weird developments. They could only hope and pray for the best.

The Butler family, on the other hand, what there was of it, had become indifferent to Aileen's conduct. She was ignored by her brothers and Norah, who now knew all; and her mother was so taken up with religious devotions and brooding contemplation of her loss that she was not as active in her observation of Aileen's life as she might have been. Besides, Cowperwood and his mistress were more circumspect in their conduct than they had ever been before. Their movements were more carefully guarded, though the result was the same. Cowperwood was thinking of the West—of reaching some slight local standing here in Philadelphia, and then, with perhaps one hundred thousand dollars in capital, removing to the boundless prairies of which he had heard so much—Chicago, Fargo, Duluth, Sioux City, places then heralded in Philadelphia and the East as coming centers of great life—and taking Aileen with him. Although the problem of marriage with her was insoluble unless Mrs. Cowperwood should formally agree to give him up—a possibility which was not manifest at this time, neither he nor Aileen were deterred by that thought. They were going to build a future together—or so they thought, marriage or no marriage. The only thing which Cowperwood could see to do was to take Aileen away with him, and to trust to time and absence to modify his wife's point of view.

This particular panic, which was destined to mark a notable change in Cowperwood's career, was one of those peculiar things which spring naturally out of the optimism of the American people and the irrepressible progress of the country. It was the result, to be accurate, of the prestige and ambition of Jay Cooke, whose early training and subsequent success had all been acquired in Philadelphia, and who had since become the foremost financial figure of his day. It would be useless to attempt to trace here the rise of this man to distinction; it need only be said that by suggestions which he made and methods which he devised the Union government, in its darkest hours, was able to raise the money wherewith to continue the struggle against the South. After the Civil War this man, who had built up a tremendous banking business in Philadelphia, with great branches in New York and Washington, was at a loss for some time for some significant thing to do, some constructive work which would be worthy of his genius. The war was over; the only thing which remained was the finances of peace, and the greatest things in American financial enterprise were those related to the construction of transcontinental railway lines. The Union Pacific, authorized in 1860, was already building; the Northern Pacific and the Southern Pacific were already dreams in various pioneer minds. The great thing was to connect the Atlantic and the Pacific by steel, to bind up the territorially perfected and newly solidified Union, or to enter upon some vast project of mining, of which gold and silver were the most important. Actually railway-building was the most significant of all, and railroad stocks were far and away the most valuable and important on every exchange in America. Here in Philadelphia, New York Central, Rock Island, Wabash, Central Pacific, St. Paul, Hannibal & St. Joseph, Union Pacific, and Ohio & Mississippi were freely traded in. There were men who were getting rich and famous out of handling these things; and such towering figures as Cornelius Vanderbilt, Jay Gould, Daniel Drew, James Fish, and others in the East, and Fair, Crocker, W. R. Hearst, and Collis P. Huntington, in the West, were already raising their heads like vast mountains in connection with these enterprises. Among those who dreamed most ardently on this score was Jay Cooke, who without the wolfish cunning of a Gould or the practical knowledge of a Vanderbilt, was ambitious to thread the northern reaches of America with a band of steel which should be a permanent memorial to his name.

The project which fascinated him most was one that related to the development of the territory then lying almost unexplored between the extreme western shore of Lake Superior, where Duluth now stands, and that portion of the Pacific Ocean into which the Columbia River empties—the extreme northern one-third of the United States. Here, if a railroad were built, would spring up great cities and prosperous towns. There were, it was suspected, mines of various metals in the region of the Rockies which this railroad would traverse, and untold wealth to be reaped from the fertile corn and wheat lands. Products brought only so far east as Duluth could then be shipped to the Atlantic, via the Great Lakes and the Erie Canal, at a greatly reduced cost. It was a vision of empire, not unlike the Panama Canal project of the same period, and one that bade fair apparently to be as useful to humanity. It had aroused the interest and enthusiasm of Cooke. Because of the fact that the government had made a grant of vast areas of land on either side of the proposed track to the corporation that should seriously undertake it and complete it within a reasonable number of years, and because of the opportunity it gave him of remaining a distinguished public figure, he had eventually shouldered the project. It was open to many objections and criticisms; but the genius which had been sufficient to finance the Civil War was considered sufficient to finance the Northern Pacific Railroad. Cooke undertook it with the idea of being able to put the merits of the proposition before the people direct—not through the agency of any great financial corporation—and of selling to the butcher, the baker, and the candlestick-maker the stock or shares that he wished to dispose of.

It was a brilliant chance. His genius had worked out the sale of great government loans during the Civil War to the people direct in this fashion. Why not Northern Pacific certificates? For several years he conducted a pyrotechnic campaign, surveying the territory in question, organizing great railway-construction corps, building hundreds of miles of track under most trying conditions, and selling great blocks of his stock, on which interest of a certain percentage was guaranteed. If it had not been that he knew little of railroad-building, personally, and that the project was so vast that it could not well be encompassed by one man, even so great a man it might have proved successful, as under subsequent management it did. However, hard times, the war between France and Germany, which tied up European capital for the time being and made it indifferent to American projects, envy, calumny, a certain percentage of mismanagement, all conspired to wreck it. On September 18, 1873, at twelve-fifteen noon, Jay Cooke & Co. failed for approximately eight million dollars and the Northern Pacific for all that had been invested in it—some fifty million dollars more.

One can imagine what the result was—the most important financier and the most distinguished railway enterprise collapsing at one and the same time. "A financial thunderclap in a clear sky," said the Philadelphia Press. "No one could have been more surprised," said the Philadelphia Inquirer, "if snow had fallen amid the sunshine of a summer noon." The public, which by Cooke's previous tremendous success had been lulled into believing him invincible, could not understand it. It was beyond belief. Jay Cooke fail? Impossible, or anything connected with him. Nevertheless, he had failed; and the New York Stock Exchange, after witnessing a number of crashes immediately afterward, closed for eight days. The Lake Shore Railroad failed to pay a call-loan of one million seven hundred and fifty thousand dollars; and the Union Trust Company, allied to the Vanderbilt interests, closed its doors after withstanding a prolonged run. The National Trust Company of New York had eight hundred thousand dollars of government securities in its vaults, but not a dollar could be borrowed upon them; and it suspended. Suspicion was universal, rumor affected every one.

In Philadelphia, when the news reached the stock exchange, it came first in the form of a brief despatch addressed to the stock board from the New York Stock Exchange—"Rumor on street of failure of Jay Cooke & Co. Answer." It was not believed, and so not replied to. Nothing was thought of it. The world of brokers paid scarcely any attention to it. Cowperwood, who had followed the fortunes of Jay Cooke & Co. with considerable suspicion of its president's brilliant theory of vending his wares direct to the people—was perhaps the only one who had suspicions. He had once written a brilliant criticism to some inquirer, in which he had said that no enterprise of such magnitude as the Northern Pacific had ever before been entirely dependent upon one house, or rather upon one man, and that he did not like it. "I am not sure that the lands through which the road runs are so unparalleled in climate, soil, timber, minerals, etc., as Mr. Cooke and his friends would have us believe. Neither do I think that the road can at present, or for many years to come, earn the interest which its great issues of stock call for. There is great danger and risk there." So when the notice was posted, he looked at it, wondering what the effect would be if by any chance Jay Cooke & Co. should fail.

He was not long in wonder. A second despatch posted on 'change read: "New York, September 18th. Jay Cooke & Co. have suspended."

Cowperwood could not believe it. He was beside himself with the thought of a great opportunity. In company with every other broker, he hurried into Third Street and up to Number 114, where the famous old banking house was located, in order to be sure. Despite his natural dignity and reserve, he did not hesitate to run. If this were true, a great hour had struck. There would be wide-spread panic and disaster. There would be a terrific slump in prices of all stocks. He must be in the thick of it. Wingate must be on hand, and his two brothers. He must tell them how to sell and when and what to buy. His great hour had come!

The Financier : Chapter 57

Chapter 57

The time that Cowperwood spent in the Eastern Penitentiary of Pennsylvania was exactly thirteen months from the day of his entry to his discharge. The influences which brought about this result were partly of his willing, and partly not. For one thing, some six months after his incarceration, Edward Malia Butler died, expired sitting in his chair in his private office at his home. The conduct of Aileen had been a great strain on him. From the time Cowperwood had been sentenced, and more particularly after the time he had cried on Aileen's shoulder in prison, she had turned on her father in an almost brutal way. Her attitude, unnatural for a child, was quite explicable as that of a tortured sweetheart. Cowperwood had told her that he thought Butler was using his influence to withhold a pardon for him, even though one were granted to Stener, whose life in prison he had been following with considerable interest; and this had enraged her beyond measure. She lost no chance of being practically insulting to her father, ignoring him on every occasion, refusing as often as possible to eat at the same table, and when she did, sitting next her mother in the place of Norah, with whom she managed to exchange. She refused to sing or play any more when he was present, and persistently ignored the large number of young political aspirants who came to the house, and whose presence in a way had been encouraged for her benefit. Old Butler realized, of course, what it was all about. He said nothing. He could not placate her.

Her mother and brothers did not understand it at all at first. (Mrs. Butler never understood.) But not long after Cowperwood's incarceration Callum and Owen became aware of what the trouble was. Once, when Owen was coming away from a reception at one of the houses where his growing financial importance made him welcome, he heard one of two men whom he knew casually, say to the other, as they stood at the door adjusting their coats, "You saw where this fellow Cowperwood got four years, didn't you?"

"Yes," replied the other. "A clever devil that—wasn't he? I knew that girl he was in with, too—you know who I mean. Miss Butler—wasn't that her name?"

Owen was not sure that he had heard right. He did not get the connection until the other guest, opening the door and stepping out, remarked: "Well, old Butler got even, apparently. They say he sent him up."

Owen's brow clouded. A hard, contentious look came into his eyes. He had much of his father's force. What in the devil were they talking about? What Miss Butler did they have in mind? Could this be Aileen or Norah, and how could Cowperwood come to be in with either of them? It could not possibly be Norah, he reflected; she was very much infatuated with a young man whom he knew, and was going to marry him. Aileen had been most friendly with the Cowperwoods, and had often spoken well of the financier. Could it be she? He could not believe it. He thought once of overtaking the two acquaintances and demanding to know what they meant, but when he came out on the step they were already some distance down the street and in the opposite direction from that in which he wished to go. He decided to ask his father about this.

On demand, old Butler confessed at once, but insisted that his son keep silent about it.

"I wish I'd have known," said Owen, grimly. "I'd have shot the dirty dog."

"Aisy, aisy," said Butler. "Yer own life's worth more than his, and ye'd only be draggin' the rest of yer family in the dirt with him. He's had somethin' to pay him for his dirty trick, and he'll have more. Just ye say nothin' to no one. Wait. He'll be wantin' to get out in a year or two. Say nothin' to her aither. Talkin' won't help there. She'll come to her sinses when he's been away long enough, I'm thinkin'." Owen had tried to be civil to his sister after that, but since he was a stickler for social perfection and advancement, and so eager to get up in the world himself, he could not understand how she could possibly have done any such thing. He resented bitterly the stumbling-block she had put in his path. Now, among other things, his enemies would have this to throw in his face if they wanted to—and they would want to, trust life for that.

Callum reached his knowledge of the matter in quite another manner, but at about the same time. He was a member of an athletic club which had an attractive building in the city, and a fine country club, where he went occasionally to enjoy the swimming-pool and the Turkish bath connected with it. One of his friends approached him there in the billiard-room one evening and said, "Say, Butler, you know I'm a good friend of yours, don't you?"

"Why, certainly, I know it," replied Callum. "What's the matter?"

"Well, you know," said the young individual, whose name was Richard Pethick, looking at Callum with a look of almost strained affection, "I wouldn't come to you with any story that I thought would hurt your feelings or that you oughtn't to know about, but I do think you ought to know about this." He pulled at a high white collar which was choking his neck.

"I know you wouldn't, Pethick," replied Callum; very much interested. "What is it? What's the point?"

"Well, I don't like to say anything," replied Pethick, "but that fellow Hibbs is saying things around here about your sister."

"What's that?" exclaimed Callum, straightening up in the most dynamic way and bethinking him of the approved social procedure in all such cases. He should be very angry. He should demand and exact proper satisfaction in some form or other—by blows very likely if his honor had been in any way impugned. "What is it he says about my sister? What right has he to mention her name here, anyhow? He doesn't know her."

Pethick affected to be greatly concerned lest he cause trouble between Callum and Hibbs. He protested that he did not want to, when, in reality, he was dying to tell. At last he came out with, "Why, he's circulated the yarn that your sister had something to do with this man Cowperwood, who was tried here recently, and that that's why he's just gone to prison."

"What's that?" exclaimed Callum, losing the make-believe of the unimportant, and taking on the serious mien of some one who feels desperately. "He says that, does he? Where is he? I want to see if he'll say that to me."

Some of the stern fighting ability of his father showed in his slender, rather refined young face.

"Now, Callum," insisted Pethick, realizing the genuine storm he had raised, and being a little fearful of the result, "do be careful what you say. You mustn't have a row in here. You know it's against the rules. Besides he may be drunk. It's just some foolish talk he's heard, I'm sure. Now, for goodness' sake, don't get so excited." Pethick, having evoked the storm, was not a little nervous as to its results in his own case. He, too, as well as Callum, himself as the tale-bearer, might now be involved.

But Callum by now was not so easily restrained. His face was quite pale, and he was moving toward the old English grill-room, where Hibbs happened to be, consuming a brandy-and-soda with a friend of about his own age. Callum entered and called him.

"Oh, Hibbs!" he said.

Hibbs, hearing his voice and seeing him in the door, arose and came over. He was an interesting youth of the collegiate type, educated at Princeton. He had heard the rumor concerning Aileen from various sources—other members of the club, for one—and had ventured to repeat it in Pethick's presence.

"What's that you were just saying about my sister?" asked Callum, grimly, looking Hibbs in the eye.

"Why—I—" hesitated Hibbs, who sensed trouble and was eager to avoid it. He was not exceptionally brave and looked it. His hair was straw-colored, his eyes blue, and his cheeks pink. "Why—nothing in particular. Who said I was talking about her?" He looked at Pethick, whom he knew to be the tale-bearer, and the latter exclaimed, excitedly:

"Now don't you try to deny it, Hibbs. You know I heard you?"

"Well, what did I say?" asked Hibbs, defiantly.

"Well, what did you say?" interrupted Callum, grimly, transferring the conversation to himself. "That's just what I want to know."

"Why," stammered Hibbs, nervously, "I don't think I've said anything that anybody else hasn't said. I just repeated that some one said that your sister had been very friendly with Mr. Cowperwood. I didn't say any more than I have heard other people say around here."

"Oh, you didn't, did you?" exclaimed Callum, withdrawing his hand from his pocket and slapping Hibbs in the face. He repeated the blow with his left hand, fiercely. "Perhaps that'll teach you to keep my sister's name out of your mouth, you pup!"

Hibbs's arms flew up. He was not without pugilistic training, and he struck back vigorously, striking Callum once in the chest and once in the neck. In an instant the two rooms of this suite were in an uproar. Tables and chairs were overturned by the energy of men attempting to get to the scene of action. The two combatants were quickly separated; sides were taken by the friends of each, excited explanations attempted and defied. Callum was examining the knuckles of his left hand, which were cut from the blow he had delivered. He maintained a gentlemanly calm. Hibbs, very much flustered and excited, insisted that he had been most unreasonably used. The idea of attacking him here. And, anyhow, as he maintained now, Pethick had been both eavesdropping and lying about him. Incidentally, the latter was protesting to others that he had done the only thing which an honorable friend could do. It was a nine days' wonder in the club, and was only kept out of the newspapers by the most strenuous efforts on the part of the friends of both parties. Callum was so outraged on discovering that there was some foundation for the rumor at the club in a general rumor which prevailed that he tendered his resignation, and never went there again.

"I wish to heaven you hadn't struck that fellow," counseled Owen, when the incident was related to him. "It will only make more talk. She ought to leave this place; but she won't. She's struck on that fellow yet, and we can't tell Norah and mother. We will never hear the last of this, you and I—believe me."

"Damn it, she ought to be made to go," exclaimed Callum.

"Well, she won't," replied Owen. "Father has tried making her, and she won't go. Just let things stand. He's in the penitentiary now, and that's probably the end of him. The public seem to think that father put him there, and that's something. Maybe we can persuade her to go after a while. I wish to God we had never had sight of that fellow. If ever he comes out, I've a good notion to kill him."

"Oh, I wouldn't do anything like that," replied Callum. "It's useless. It would only stir things up afresh. He's done for, anyhow."

They planned to urge Norah to marry as soon as possible. And as for their feelings toward Aileen, it was a very chilly atmosphere which Mrs. Butler contemplated from now on, much to her confusion, grief, and astonishment.

In this divided world it was that Butler eventually found himself, all at sea as to what to think or what to do. He had brooded so long now, for months, and as yet had found no solution. And finally, in a form of religious despair, sitting at his desk, in his business chair, he had collapsed—a weary and disconsolate man of seventy. A lesion of the left ventricle was the immediate physical cause, although brooding over Aileen was in part the mental one. His death could not have been laid to his grief over Aileen exactly, for he was a very large man—apoplectic and with sclerotic veins and arteries. For a great many years now he had taken very little exercise, and his digestion had been considerably impaired thereby. He was past seventy, and his time had been reached. They found him there the next morning, his hands folded in his lap, his head on his bosom, quite cold.

He was buried with honors out of St. Timothy's Church, the funeral attended by a large body of politicians and city officials, who discussed secretly among themselves whether his grief over his daughter had anything to do with his end. All his good deeds were remembered, of course, and Mollenhauer and Simpson sent great floral emblems in remembrance. They were very sorry that he was gone, for they had been a cordial three. But gone he was, and that ended their interest in the matter. He left all of his property to his wife in one of the shortest wills ever recorded locally.

"I give and bequeath to my beloved wife, Norah, all my property of whatsoever kind to be disposed of as she may see fit."

There was no misconstruing this. A private paper drawn secretly for her sometime before by Butler, explained how the property should be disposed of by her at her death. It was Butler's real will masquerading as hers, and she would not have changed it for worlds; but he wanted her left in undisturbed possession of everything until she should die. Aileen's originally assigned portion had never been changed. According to her father's will, which no power under the sun could have made Mrs. Butler alter, she was left $250,000 to be paid at Mrs. Butler's death. Neither this fact nor any of the others contained in the paper were communicated by Mrs. Butler, who retained it to be left as her will. Aileen often wondered, but never sought to know, what had been left her. Nothing she fancied—but felt that she could not help this.

Butler's death led at once to a great change in the temper of the home. After the funeral the family settled down to a seemingly peaceful continuance of the old life; but it was a matter of seeming merely. The situation stood with Callum and Owen manifesting a certain degree of contempt for Aileen, which she, understanding, reciprocated. She was very haughty. Owen had plans of forcing her to leave after Butler's death, but he finally asked himself what was the use. Mrs. Butler, who did not want to leave the old home, was very fond of Aileen, so therein lay a reason for letting her remain. Besides, any move to force her out would have entailed an explanation to her mother, which was not deemed advisable. Owen himself was interested in Caroline Mollenhauer, whom he hoped some day to marry—as much for her prospective wealth as for any other reason, though he was quite fond of her. In the January following Butler's death, which occurred in August, Norah was married very quietly, and the following spring Callum embarked on a similar venture.

In the meanwhile, with Butler's death, the control of the political situation had shifted considerably. A certain Tom Collins, formerly one of Butler's henchmen, but latterly a power in the First, Second, Third, and Fourth Wards, where he had numerous saloons and control of other forms of vice, appeared as a claimant for political recognition. Mollenhauer and Simpson had to consult him, as he could make very uncertain the disposition of some hundred and fifteen thousand votes, a large number of which were fraudulent, but which fact did not modify their deadly character on occasion. Butler's sons disappeared as possible political factors, and were compelled to confine themselves to the street-railway and contracting business. The pardon of Cowperwood and Stener, which Butler would have opposed, because by keeping Stener in he kept Cowperwood in, became a much easier matter. The scandal of the treasury defalcation was gradually dying down; the newspapers had ceased to refer to it in any way. Through Steger and Wingate, a large petition signed by all important financiers and brokers had been sent to the Governor pointing out that Cowperwood's trial and conviction had been most unfair, and asking that he be pardoned. There was no need of any such effort, so far as Stener was concerned; whenever the time seemed ripe the politicians were quite ready to say to the Governor that he ought to let him go. It was only because Butler had opposed Cowperwood's release that they had hesitated. It was really not possible to let out the one and ignore the other; and this petition, coupled with Butler's death, cleared the way very nicely.

Nevertheless, nothing was done until the March following Butler's death, when both Stener and Cowperwood had been incarcerated thirteen months—a length of time which seemed quite sufficient to appease the anger of the public at large. In this period Stener had undergone a considerable change physically and mentally. In spite of the fact that a number of the minor aldermen, who had profited in various ways by his largess, called to see him occasionally, and that he had been given, as it were, almost the liberty of the place, and that his family had not been allowed to suffer, nevertheless he realized that his political and social days were over. Somebody might now occasionally send him a basket of fruit and assure him that he would not be compelled to suffer much longer; but when he did get out, he knew that he had nothing to depend on save his experience as an insurance agent and real-estate dealer. That had been precarious enough in the days when he was trying to get some small political foothold. How would it be when he was known only as the man who had looted the treasury of five hundred thousand dollars and been sent to the penitentiary for five years? Who would lend him the money wherewith to get a little start, even so much as four or five thousand dollars? The people who were calling to pay their respects now and then, and to assure him that he had been badly treated? Never. All of them could honestly claim that they had not so much to spare. If he had good security to offer—yes; but if he had good security he would not need to go to them at all. The man who would have actually helped him if he had only known was Frank A. Cowperwood. Stener could have confessed his mistake, as Cowperwood saw it, and Cowperwood would have given him the money gladly, without any thought of return. But by his poor understanding of human nature, Stener considered that Cowperwood must be an enemy of his, and he would not have had either the courage or the business judgment to approach him.

During his incarceration Cowperwood had been slowly accumulating a little money through Wingate. He had paid Steger considerable sums from time to time, until that worthy finally decided that it would not be fair to take any more.

"If ever you get on your feet, Frank," he said, "you can remember me if you want to, but I don't think you'll want to. It's been nothing but lose, lose, lose for you through me. I'll undertake this matter of getting that appeal to the Governor without any charge on my part. Anything I can do for you from now on is free gratis for nothing."

"Oh, don't talk nonsense, Harper," replied Cowperwood. "I don't know of anybody that could have done better with my case. Certainly there isn't anybody that I would have trusted as much. I don't like lawyers you know."

"Yes—well," said Steger, "they've got nothing on financiers, so we'll call it even." And they shook hands.

So when it was finally decided to pardon Stener, which was in the early part of March, 1873—Cowperwood's pardon was necessarily but gingerly included. A delegation, consisting of Strobik, Harmon, and Winpenny, representing, as it was intended to appear, the unanimous wishes of the council and the city administration, and speaking for Mollenhauer and Simpson, who had given their consent, visited the Governor at Harrisburg and made the necessary formal representations which were intended to impress the public. At the same time, through the agency of Steger, Davison, and Walter Leigh, the appeal in behalf of Cowperwood was made. The Governor, who had had instructions beforehand from sources quite superior to this committee, was very solemn about the whole procedure. He would take the matter under advisement. He would look into the history of the crimes and the records of the two men. He could make no promises—he would see. But in ten days, after allowing the petitions to gather considerable dust in one of his pigeonholes and doing absolutely nothing toward investigating anything, he issued two separate pardons in writing. One, as a matter of courtesy, he gave into the hands of Messrs. Strobik, Harmon, and Winpenny, to bear personally to Mr. Stener, as they desired that he should. The other, on Steger's request, he gave to him. The two committees which had called to receive them then departed; and the afternoon of that same day saw Strobik, Harmon, and Winpenny arrive in one group, and Steger, Wingate, and Walter Leigh in another, at the prison gate, but at different hours.

The Financier : Chapter 56

Chapter 56

The days passed. Once the understanding with Bonhag was reached, Cowperwood's wife, mother and sister were allowed to appear on occasions. His wife and the children were now settled in the little home for which he was paying, and his financial obligations to her were satisfied by Wingate, who paid her one hundred and twenty five dollars a month for him. He realized that he owed her more, but he was sailing rather close to the wind financially, these days. The final collapse of his old interests had come in March, when he had been legally declared a bankrupt, and all his properties forfeited to satisfy the claims against him. The city's claim of five hundred thousand dollars would have eaten up more than could have been realized at the time, had not a pro rata payment of thirty cents on the dollar been declared. Even then the city never received its due, for by some hocus-pocus it was declared to have forfeited its rights. Its claims had not been made at the proper time in the proper way. This left larger portions of real money for the others.

Fortunately by now Cowperwood had begun to see that by a little experimenting his business relations with Wingate were likely to prove profitable. The broker had made it clear that he intended to be perfectly straight with him. He had employed Cowperwood's two brothers, at very moderate salaries—one to take care of the books and look after the office, and the other to act on 'change with him, for their seats in that organization had never been sold. And also, by considerable effort, he had succeeded in securing Cowperwood, Sr., a place as a clerk in a bank. For the latter, since the day of his resignation from the Third National had been in a deep, sad quandary as to what further to do with his life. His son's disgrace! The horror of his trial and incarceration. Since the day of Frank's indictment and more so, since his sentence and commitment to the Eastern Penitentiary, he was as one who walked in a dream. That trial! That charge against Frank! His own son, a convict in stripes—and after he and Frank had walked so proudly in the front rank of the successful and respected here. Like so many others in his hour of distress, he had taken to reading the Bible, looking into its pages for something of that mind consolation that always, from youth up, although rather casually in these latter years, he had imagined was to be found there. The Psalms, Isaiah, the Book of Job, Ecclesiastes. And for the most part, because of the fraying nature of his present ills, not finding it.

But day after day secreting himself in his room—a little hall-bedroom office in his newest home, where to his wife, he pretended that he had some commercial matters wherewith he was still concerned—and once inside, the door locked, sitting and brooding on all that had befallen him—his losses; his good name. Or, after months of this, and because of the new position secured for him by Wingate—a bookkeeping job in one of the outlying banks—slipping away early in the morning, and returning late at night, his mind a gloomy epitome of all that had been or yet might be.

To see him bustling off from his new but very much reduced home at half after seven in the morning in order to reach the small bank, which was some distance away and not accessible by street-car line, was one of those pathetic sights which the fortunes of trade so frequently offer. He carried his lunch in a small box because it was inconvenient to return home in the time allotted for this purpose, and because his new salary did not permit the extravagance of a purchased one. It was his one ambition now to eke out a respectable but unseen existence until he should die, which he hoped would not be long. He was a pathetic figure with his thin legs and body, his gray hair, and his snow-white side-whiskers. He was very lean and angular, and, when confronted by a difficult problem, a little uncertain or vague in his mind. An old habit which had grown on him in the years of his prosperity of putting his hand to his mouth and of opening his eyes in an assumption of surprise, which had no basis in fact, now grew upon him. He really degenerated, although he did not know it, into a mere automaton. Life strews its shores with such interesting and pathetic wrecks.

One of the things that caused Cowperwood no little thought at this time, and especially in view of his present extreme indifference to her, was how he would bring up this matter of his indifference to his wife and his desire to end their relationship. Yet apart from the brutality of the plain truth, he saw no way. As he could plainly see, she was now persisting in her pretense of devotion, uncolored, apparently, by any suspicion of what had happened. Yet since his trial and conviction, she had been hearing from one source and another that he was still intimate with Aileen, and it was only her thought of his concurrent woes, and the fact that he might possibly be spared to a successful financial life, that now deterred her from speaking. He was shut up in a cell, she said to herself, and she was really very sorry for him, but she did not love him as she once had. He was really too deserving of reproach for his general unseemly conduct, and no doubt this was what was intended, as well as being enforced, by the Governing Power of the world.

One can imagine how much such an attitude as this would appeal to Cowperwood, once he had detected it. By a dozen little signs, in spite of the fact that she brought him delicacies, and commiserated on his fate, he could see that she felt not only sad, but reproachful, and if there was one thing that Cowperwood objected to at all times it was the moral as well as the funereal air. Contrasted with the cheerful combative hopefulness and enthusiasm of Aileen, the wearied uncertainty of Mrs. Cowperwood was, to say the least, a little tame. Aileen, after her first burst of rage over his fate, which really did not develop any tears on her part, was apparently convinced that he would get out and be very successful again. She talked success and his future all the time because she believed in it. Instinctively she seemed to realize that prison walls could not make a prison for him. Indeed, on the first day she left she handed Bonhag ten dollars, and after thanking him in her attractive voice—without showing her face, however—for his obvious kindness to her, bespoke his further favor for Cowperwood—"a very great man," as she described him, which sealed that ambitious materialist's fate completely. There was nothing the overseer would not do for the young lady in the dark cloak. She might have stayed in Cowperwood's cell for a week if the visiting-hours of the penitentiary had not made it impossible.

The day that Cowperwood decided to discuss with his wife the weariness of his present married state and his desire to be free of it was some four months after he had entered the prison. By that time he had become inured to his convict life. The silence of his cell and the menial tasks he was compelled to perform, which had at first been so distressing, banal, maddening, in their pointless iteration, had now become merely commonplace—dull, but not painful. Furthermore he had learned many of the little resources of the solitary convict, such as that of using his lamp to warm up some delicacy which he had saved from a previous meal or from some basket which had been sent him by his wife or Aileen. He had partially gotten rid of the sickening odor of his cell by persuading Bonhag to bring him small packages of lime; which he used with great freedom. Also he succeeded in defeating some of the more venturesome rats with traps; and with Bonhag's permission, after his cell door had been properly locked at night, and sealed with the outer wooden door, he would take his chair, if it were not too cold, out into the little back yard of his cell and look at the sky, where, when the nights were clear, the stars were to be seen. He had never taken any interest in astronomy as a scientific study, but now the Pleiades, the belt of Orion, the Big Dipper and the North Star, to which one of its lines pointed, caught his attention, almost his fancy. He wondered why the stars of the belt of Orion came to assume the peculiar mathematical relation to each other which they held, as far as distance and arrangement were concerned, and whether that could possibly have any intellectual significance. The nebulous conglomeration of the suns in Pleiades suggested a soundless depth of space, and he thought of the earth floating like a little ball in immeasurable reaches of ether. His own life appeared very trivial in view of these things, and he found himself asking whether it was all really of any significance or importance. He shook these moods off with ease, however, for the man was possessed of a sense of grandeur, largely in relation to himself and his affairs; and his temperament was essentially material and vital. Something kept telling him that whatever his present state he must yet grow to be a significant personage, one whose fame would be heralded the world over—who must try, try, try. It was not given all men to see far or to do brilliantly; but to him it was given, and he must be what he was cut out to be. There was no more escaping the greatness that was inherent in him than there was for so many others the littleness that was in them.

Mrs. Cowperwood came in that afternoon quite solemnly, bearing several changes of linen, a pair of sheets, some potted meat and a pie. She was not exactly doleful, but Cowperwood thought that she was tending toward it, largely because of her brooding over his relationship to Aileen, which he knew that she knew. Something in her manner decided him to speak before she left; and after asking her how the children were, and listening to her inquiries in regard to the things that he needed, he said to her, sitting on his single chair while she sat on his bed:

"Lillian, there's something I've been wanting to talk with you about for some time. I should have done it before, but it's better late than never. I know that you know that there is something between Aileen Butler and me, and we might as well have it open and aboveboard. It's true I am very fond of her and she is very devoted to me, and if ever I get out of here I want to arrange it so that I can marry her. That means that you will have to give me a divorce, if you will; and I want to talk to you about that now. This can't be so very much of a surprise to you, because you must have seen this long while that our relationship hasn't been all that it might have been, and under the circumstances this can't prove such a very great hardship to you—I am sure." He paused, waiting, for Mrs. Cowperwood at first said nothing.

Her thought, when he first broached this, was that she ought to make some demonstration of astonishment or wrath: but when she looked into his steady, examining eyes, so free from the illusion of or interest in demonstrations of any kind, she realized how useless it would be. He was so utterly matter-of-fact in what seemed to her quite private and secret affairs—very shameless. She had never been able to understand quite how he could take the subtleties of life as he did, anyhow. Certain things which she always fancied should be hushed up he spoke of with the greatest nonchalance. Her ears tingled sometimes at his frankness in disposing of a social situation; but she thought this must be characteristic of notable men, and so there was nothing to be said about it. Certain men did as they pleased; society did not seem to be able to deal with them in any way. Perhaps God would, later—she was not sure. Anyhow, bad as he was, direct as he was, forceful as he was, he was far more interesting than most of the more conservative types in whom the social virtues of polite speech and modest thoughts were seemingly predominate.

"I know," she said, rather peacefully, although with a touch of anger and resentment in her voice. "I've known all about it all this time. I expected you would say something like this to me some day. It's a nice reward for all my devotion to you; but it's just like you, Frank. When you are set on something, nothing can stop you. It wasn't enough that you were getting along so nicely and had two children whom you ought to love, but you had to take up with this Butler creature until her name and yours are a by-word throughout the city. I know that she comes to this prison. I saw her out here one day as I was coming in, and I suppose every one else knows it by now. She has no sense of decency and she does not care—the wretched, vain thing—but I would have thought that you would be ashamed, Frank, to go on the way that you have, when you still have me and the children and your father and mother and when you are certain to have such a hard fight to get yourself on your feet, as it is. If she had any sense of decency she would not have anything to do with you—the shameless thing."

Cowperwood looked at his wife with unflinching eyes. He read in her remarks just what his observation had long since confirmed—that she was sympathetically out of touch with him. She was no longer so attractive physically, and intellectually she was not Aileen's equal. Also that contact with those women who had deigned to grace his home in his greatest hour of prosperity had proved to him conclusively she was lacking in certain social graces. Aileen was by no means so vastly better, still she was young and amenable and adaptable, and could still be improved. Opportunity as he now chose to think, might make Aileen, whereas for Lillian—or at least, as he now saw it—it could do nothing.

"I'll tell you how it is, Lillian," he said; "I'm not sure that you are going to get what I mean exactly, but you and I are not at all well suited to each other any more."

"You didn't seem to think that three or four years ago," interrupted his wife, bitterly.

"I married you when I was twenty-one," went on Cowperwood, quite brutally, not paying any attention to her interruption, "and I was really too young to know what I was doing. I was a mere boy. It doesn't make so much difference about that. I am not using that as an excuse. The point that I am trying to make is this—that right or wrong, important or not important, I have changed my mind since. I don't love you any more, and I don't feel that I want to keep up a relationship, however it may look to the public, that is not satisfactory to me. You have one point of view about life, and I have another. You think your point of view is the right one, and there are thousands of people who will agree with you; but I don't think so. We have never quarreled about these things, because I didn't think it was important to quarrel about them. I don't see under the circumstances that I am doing you any great injustice when I ask you to let me go. I don't intend to desert you or the children—you will get a good living-income from me as long as I have the money to give it to you—but I want my personal freedom when I come out of here, if ever I do, and I want you to let me have it. The money that you had and a great deal more, once I am out of here, you will get back when I am on my feet again. But not if you oppose me—only if you help me. I want, and intend to help you always—but in my way."

He smoothed the leg of his prison trousers in a thoughtful way, and plucked at the sleeve of his coat. Just now he looked very much like a highly intelligent workman as he sat here, rather than like the important personage that he was. Mrs. Cowperwood was very resentful.

"That's a nice way to talk to me, and a nice way to treat me!" she exclaimed dramatically, rising and walking the short space—some two steps—that lay between the wall and the bed. "I might have known that you were too young to know your own mind when you married me. Money, of course, that's all you think of and your own gratification. I don't believe you have any sense of justice in you. I don't believe you ever had. You only think of yourself, Frank. I never saw such a man as you. You have treated me like a dog all through this affair; and all the while you have been running with that little snip of an Irish thing, and telling her all about your affairs, I suppose. You let me go on believing that you cared for me up to the last moment, and then you suddenly step up and tell me that you want a divorce. I'll not do it. I'll not give you a divorce, and you needn't think it."

Cowperwood listened in silence. His position, in so far as this marital tangle was concerned, as he saw, was very advantageous. He was a convict, constrained by the exigencies of his position to be out of personal contact with his wife for a long period of time to come, which should naturally tend to school her to do without him. When he came out, it would be very easy for her to get a divorce from a convict, particularly if she could allege misconduct with another woman, which he would not deny. At the same time, he hoped to keep Aileen's name out of it. Mrs. Cowperwood, if she would, could give any false name if he made no contest. Besides, she was not a very strong person, intellectually speaking. He could bend her to his will. There was no need of saying much more now; the ice had been broken, the situation had been put before her, and time should do the rest.

"Don't be dramatic, Lillian," he commented, indifferently. "I'm not such a loss to you if you have enough to live on. I don't think I want to live in Philadelphia if ever I come out of here. My idea now is to go west, and I think I want to go alone. I sha'n't get married right away again even if you do give me a divorce. I don't care to take anybody along. It would be better for the children if you would stay here and divorce me. The public would think better of them and you."

"I'll not do it," declared Mrs. Cowperwood, emphatically. "I'll never do it, never; so there! You can say what you choose. You owe it to me to stick by me and the children after all I've done for you, and I'll not do it. You needn't ask me any more; I'll not do it."

"Very well," replied Cowperwood, quietly, getting up. "We needn't talk about it any more now. Your time is nearly up, anyhow." (Twenty minutes was supposed to be the regular allotment for visitors.) "Perhaps you'll change your mind sometime."

She gathered up her muff and the shawl-strap in which she had carried her gifts, and turned to go. It had been her custom to kiss Cowperwood in a make-believe way up to this time, but now she was too angry to make this pretense. And yet she was sorry, too—sorry for herself and, she thought, for him.

"Frank," she declared, dramatically, at the last moment, "I never saw such a man as you. I don't believe you have any heart. You're not worthy of a good wife. You're worthy of just such a woman as you're getting. The idea!" Suddenly tears came to her eyes, and she flounced scornfully and yet sorrowfully out.

Cowperwood stood there. At least there would be no more useless kissing between them, he congratulated himself. It was hard in a way, but purely from an emotional point of view. He was not doing her any essential injustice, he reasoned—not an economic one—which was the important thing. She was angry to-day, but she would get over it, and in time might come to see his point of view. Who could tell? At any rate he had made it plain to her what he intended to do and that was something as he saw it. He reminded one of nothing so much, as he stood there, as of a young chicken picking its way out of the shell of an old estate. Although he was in a cell of a penitentiary, with nearly four years more to serve, yet obviously he felt, within himself, that the whole world was still before him. He could go west if he could not reestablish himself in Philadelphia; but he must stay here long enough to win the approval of those who had known him formerly—to obtain, as it were, a letter of credit which he could carry to other parts.

"Hard words break no bones," he said to himself, as his wife went out. "A man's never done till he's done. I'll show some of these people yet." Of Bonhag, who came to close the cell door, he asked whether it was going to rain, it looked so dark in the hall.

"It's sure to before night," replied Bonhag, who was always wondering over Cowperwood's tangled affairs as he heard them retailed here and there.

The Financier : Chapter 55

Chapter 55

In the meanwhile Cowperwood had been transferred to a new overseer and a new cell in Block 3 on the ground door, which was like all the others in size, ten by sixteen, but to which was attached the small yard previously mentioned. Warden Desmas came up two days before he was transferred, and had another short conversation with him through his cell door.

"You'll be transferred on Monday," he said, in his reserved, slow way. "They'll give you a yard, though it won't be much good to you—we only allow a half-hour a day in it. I've told the overseer about your business arrangements. He'll treat you right in that matter. Just be careful not to take up too much time that way, and things will work out. I've decided to let you learn caning chairs. That'll be the best for you. It's easy, and it'll occupy your mind."

The warden and some allied politicians made a good thing out of this prison industry. It was really not hard labor—the tasks set were simple and not oppressive, but all of the products were promptly sold, and the profits pocketed. It was good, therefore, to see all the prisoners working, and it did them good. Cowperwood was glad of the chance to do something, for he really did not care so much for books, and his connection with Wingate and his old affairs were not sufficient to employ his mind in a satisfactory way. At the same time, he could not help thinking, if he seemed strange to himself, now, how much stranger he would seem then, behind these narrow bars working at so commonplace a task as caning chairs. Nevertheless, he now thanked Desmas for this, as well as for the sheets and the toilet articles which had just been brought in.

"That's all right," replied the latter, pleasantly and softly, by now much intrigued by Cowperwood. "I know that there are men and men here, the same as anywhere. If a man knows how to use these things and wants to be clean, I wouldn't be one to put anything in his way."

The new overseer with whom Cowperwood had to deal was a very different person from Elias Chapin. His name was Walter Bonhag, and he was not more than thirty-seven years of age—a big, flabby sort of person with a crafty mind, whose principal object in life was to see that this prison situation as he found it should furnish him a better income than his normal salary provided. A close study of Bonhag would have seemed to indicate that he was a stool-pigeon of Desmas, but this was really not true except in a limited way. Because Bonhag was shrewd and sycophantic, quick to see a point in his or anybody else's favor, Desmas instinctively realized that he was the kind of man who could be trusted to be lenient on order or suggestion. That is, if Desmas had the least interest in a prisoner he need scarcely say so much to Bonhag; he might merely suggest that this man was used to a different kind of life, or that, because of some past experience, it might go hard with him if he were handled roughly; and Bonhag would strain himself to be pleasant. The trouble was that to a shrewd man of any refinement his attentions were objectionable, being obviously offered for a purpose, and to a poor or ignorant man they were brutal and contemptuous. He had built up an extra income for himself inside the prison by selling the prisoners extra allowances of things which he secretly brought into the prison. It was strictly against the rules, in theory at least, to bring in anything which was not sold in the store-room—tobacco, writing paper, pens, ink, whisky, cigars, or delicacies of any kind. On the other hand, and excellently well for him, it was true that tobacco of an inferior grade was provided, as well as wretched pens, ink and paper, so that no self-respecting man, if he could help it, would endure them. Whisky was not allowed at all, and delicacies were abhorred as indicating rank favoritism; nevertheless, they were brought in. If a prisoner had the money and was willing to see that Bonhag secured something for his trouble, almost anything would be forthcoming. Also the privilege of being sent into the general yard as a "trusty," or being allowed to stay in the little private yard which some cells possessed, longer than the half-hour ordinarily permitted, was sold.

One of the things curiously enough at this time, which worked in Cowperwood's favor, was the fact that Bonhag was friendly with the overseer who had Stener in charge, and Stener, because of his political friends, was being liberally treated, and Bonhag knew of this. He was not a careful reader of newspapers, nor had he any intellectual grasp of important events; but he knew by now that both Stener and Cowperwood were, or had been, individuals of great importance in the community; also that Cowperwood had been the more important of the two. Better yet, as Bonhag now heard, Cowperwood still had money. Some prisoner, who was permitted to read the paper, told him so. And so, entirely aside from Warden Desmas's recommendation, which was given in a very quiet, noncommittal way, Bonhag was interested to see what he could do for Cowperwood for a price.

The day Cowperwood was installed in his new cell, Bonhag lolled up to the door, which was open, and said, in a semi-patronizing way, "Got all your things over yet?" It was his business to lock the door once Cowperwood was inside it.

"Yes, sir," replied Cowperwood, who had been shrewd enough to get the new overseer's name from Chapin; "this is Mr. Bonhag, I presume?"

"That's me," replied Bonhag, not a little flattered by the recognition, but still purely interested by the practical side of this encounter. He was anxious to study Cowperwood, to see what type of man he was.

"You'll find it a little different down here from up there," observed Bonhag. "It ain't so stuffy. These doors out in the yards make a difference."

"Oh, yes," said Cowperwood, observantly and shrewdly, "that is the yard Mr. Desmas spoke of."

At the mention of the magic name, if Bonhag had been a horse, his ears would have been seen to lift. For, of course, if Cowperwood was so friendly with Desmas that the latter had described to him the type of cell he was to have beforehand, it behooved Bonhag to be especially careful.

"Yes, that's it, but it ain't much," he observed. "They only allow a half-hour a day in it. Still it would be all right if a person could stay out there longer."

This was his first hint at graft, favoritism; and Cowperwood distinctly caught the sound of it in his voice.

"That's too bad," he said. "I don't suppose good conduct helps a person to get more." He waited to hear a reply, but instead Bonhag continued with: "I'd better teach you your new trade now. You've got to learn to cane chairs, so the warden says. If you want, we can begin right away." But without waiting for Cowperwood to acquiesce, he went off, returning after a time with three unvarnished frames of chairs and a bundle of cane strips or withes, which he deposited on the floor. Having so done—and with a flourish—he now continued: "Now I'll show you if you'll watch me," and he began showing Cowperwood how the strips were to be laced through the apertures on either side, cut, and fastened with little hickory pegs. This done, he brought a forcing awl, a small hammer, a box of pegs, and a pair of clippers. After several brief demonstrations with different strips, as to how the geometric forms were designed, he allowed Cowperwood to take the matter in hand, watching over his shoulder. The financier, quick at anything, manual or mental, went at it in his customary energetic fashion, and in five minutes demonstrated to Bonhag that, barring skill and speed, which could only come with practice, he could do it as well as another. "You'll make out all right," said Bonhag. "You're supposed to do ten of those a day. We won't count the next few days, though, until you get your hand in. After that I'll come around and see how you're getting along. You understand about the towel on the door, don't you?" he inquired.

"Yes, Mr. Chapin explained that to me," replied Cowperwood. "I think I know what most of the rules are now. I'll try not to break any of them."

The days which followed brought a number of modifications of his prison lot, but not sufficient by any means to make it acceptable to him. Bonhag, during the first few days in which he trained Cowperwood in the art of caning chairs, managed to make it perfectly clear that there were a number of things he would be willing to do for him. One of the things that moved him to this, was that already he had been impressed by the fact that Stener's friends were coming to see him in larger numbers than Cowperwood's, sending him an occasional basket of fruit, which he gave to the overseers, and that his wife and children had been already permitted to visit him outside the regular visiting-day. This was a cause for jealousy on Bonhag's part. His fellow-overseer was lording it over him—telling him, as it were, of the high jinks in Block 4. Bonhag really wanted Cowperwood to spruce up and show what he could do, socially or otherwise.

And so now he began with: "I see you have your lawyer and your partner here every day. There ain't anybody else you'd like to have visit you, is there? Of course, it's against the rules to have your wife or sister or anybody like that, except on visiting days—" And here he paused and rolled a large and informing eye on Cowperwood—such an eye as was supposed to convey dark and mysterious things. "But all the rules ain't kept around here by a long shot."

Cowperwood was not the man to lose a chance of this kind. He smiled a little—enough to relieve himself, and to convey to Bonhag that he was gratified by the information, but vocally he observed: "I'll tell you how it is, Mr. Bonhag. I believe you understand my position better than most men would, and that I can talk to you. There are people who would like to come here, but I have been afraid to let them come. I did not know that it could be arranged. If it could be, I would be very grateful. You and I are practical men—I know that if any favors are extended some of those who help to bring them about must be looked after. If you can do anything to make it a little more comfortable for me here I will show you that I appreciate it. I haven't any money on my person, but I can always get it, and I will see that you are properly looked after."

Bonhag's short, thick ears tingled. This was the kind of talk he liked to hear. "I can fix anything like that, Mr. Cowperwood," he replied, servilely. "You leave it to me. If there's any one you want to see at any time, just let me know. Of course I have to be very careful, and so do you, but that's all right, too. If you want to stay out in that yard a little longer in the mornings or get out there afternoons or evenings, from now on, why, go ahead. It's all right. I'll just leave the door open. If the warden or anybody else should be around, I'll just scratch on your door with my key, and you come in and shut it. If there's anything you want from the outside I can get it for you—jelly or eggs or butter or any little thing like that. You might like to fix up your meals a little that way."

"I'm certainly most grateful, Mr. Bonhag," returned Cowperwood in his grandest manner, and with a desire to smile, but he kept a straight face.

"In regard to that other matter," went on Bonhag, referring to the matter of extra visitors, "I can fix that any time you want to. I know the men out at the gate. If you want anybody to come here, just write 'em a note and give it to me, and tell 'em to ask for me when they come. That'll get 'em in all right. When they get here you can talk to 'em in your cell. See! Only when I tap they have to come out. You want to remember that. So just you let me know."

Cowperwood was exceedingly grateful. He said so in direct, choice language. It occurred to him at once that this was Aileen's opportunity, and that he could now notify her to come. If she veiled herself sufficiently she would probably be safe enough. He decided to write her, and when Wingate came he gave him a letter to mail.

Two days later, at three o'clock in the afternoon—the time appointed by him—Aileen came to see him. She was dressed in gray broadcloth with white-velvet trimmings and cut-steel buttons which glistened like silver, and wore, as additional ornaments, as well as a protection against the cold, a cap, stole, and muff of snow-white ermine. Over this rather striking costume she had slipped a long dark circular cloak, which she meant to lay off immediately upon her arrival. She had made a very careful toilet as to her shoes, gloves, hair, and the gold ornaments which she wore. Her face was concealed by a thick green veil, as Cowperwood had suggested; and she arrived at an hour when, as near as he had been able to prearrange, he would be alone. Wingate usually came at four, after business, and Steger in the morning, when he came at all. She was very nervous over this strange adventure, leaving the street-car in which she had chosen to travel some distance away and walking up a side street. The cold weather and the gray walls under a gray sky gave her a sense of defeat, but she had worked very hard to look nice in order to cheer her lover up. She knew how readily he responded to the influence of her beauty when properly displayed.

Cowperwood, in view of her coming, had made his cell as acceptable as possible. It was clean, because he had swept it himself and made his own bed; and besides he had shaved and combed his hair, and otherwise put himself to rights. The caned chairs on which he was working had been put in the corner at the end of the bed. His few dishes were washed and hung up, and his clogs brushed with a brush which he now kept for the purpose. Never before, he thought to himself, with a peculiar feeling of artistic degradation, had Aileen seen him like this. She had always admired his good taste in clothes, and the way he carried himself in them; and now she was to see him in garments which no dignity of body could make presentable. Only a stoic sense of his own soul-dignity aided him here. After all, as he now thought, he was Frank A. Cowperwood, and that was something, whatever he wore. And Aileen knew it. Again, he might be free and rich some day, and he knew that she believed that. Best of all, his looks under these or any other circumstances, as he knew, would make no difference to Aileen. She would only love him the more. It was her ardent sympathy that he was afraid of. He was so glad that Bonhag had suggested that she might enter the cell, for it would be a grim procedure talking to her through a barred door.

When Aileen arrived she asked for Mr. Bonhag, and was permitted to go to the central rotunda, where he was sent for. When he came she murmured: "I wish to see Mr. Cowperwood, if you please"; and he exclaimed, "Oh, yes, just come with me." As he came across the rotunda floor from his corridor he was struck by the evident youth of Aileen, even though he could not see her face. This now was something in accordance with what he had expected of Cowperwood. A man who could steal five hundred thousand dollars and set a whole city by the ears must have wonderful adventures of all kinds, and Aileen looked like a true adventure. He led her to the little room where he kept his desk and detained visitors, and then bustled down to Cowperwood's cell, where the financier was working on one of his chairs and scratching on the door with his key, called: "There's a young lady here to see you. Do you want to let her come inside?"

"Thank you, yes," replied Cowperwood; and Bonhag hurried away, unintentionally forgetting, in his boorish incivility, to unlock the cell door, so that he had to open it in Aileen's presence. The long corridor, with its thick doors, mathematically spaced gratings and gray-stone pavement, caused Aileen to feel faint at heart. A prison, iron cells! And he was in one of them. It chilled her usually courageous spirit. What a terrible place for her Frank to be! What a horrible thing to have put him here! Judges, juries, courts, laws, jails seemed like so many foaming ogres ranged about the world, glaring down upon her and her love-affair. The clank of the key in the lock, and the heavy outward swinging of the door, completed her sense of the untoward. And then she saw Cowperwood.

Because of the price he was to receive, Bonhag, after admitting her, strolled discreetly away. Aileen looked at Cowperwood from behind her veil, afraid to speak until she was sure Bonhag had gone. And Cowperwood, who was retaining his self-possession by an effort, signaled her but with difficulty after a moment or two. "It's all right," he said. "He's gone away." She lifted her veil, removed her cloak, and took in, without seeming to, the stuffy, narrow thickness of the room, his wretched shoes, the cheap, misshapen suit, the iron door behind him leading out into the little yard attached to his cell. Against such a background, with his partially caned chairs visible at the end of the bed, he seemed unnatural, weird even. Her Frank! And in this condition. She trembled and it was useless for her to try to speak. She could only put her arms around him and stroke his head, murmuring: "My poor boy—my darling. Is this what they have done to you? Oh, my poor darling." She held his head while Cowperwood, anxious to retain his composure, winced and trembled, too. Her love was so full—so genuine. It was so soothing at the same time that it was unmanning, as now he could see, making of him a child again. And for the first time in his life, some inexplicable trick of chemistry—that chemistry of the body, of blind forces which so readily supersedes reason at times—he lost his self-control. The depth of Aileen's feelings, the cooing sound of her voice, the velvety tenderness of her hands, that beauty that had drawn him all the time—more radiant here perhaps within these hard walls, and in the face of his physical misery, than it had ever been before—completely unmanned him. He did not understand how it could; he tried to defy the moods, but he could not. When she held his head close and caressed it, of a sudden, in spite of himself, his breast felt thick and stuffy, and his throat hurt him. He felt, for him, an astonishingly strange feeling, a desire to cry, which he did his best to overcome; it shocked him so. There then combined and conspired to defeat him a strange, rich picture of the great world he had so recently lost, of the lovely, magnificent world which he hoped some day to regain. He felt more poignantly at this moment than ever he had before the degradation of the clog shoes, the cotton shirt, the striped suit, the reputation of a convict, permanent and not to be laid aside. He drew himself quickly away from her, turned his back, clinched his hands, drew his muscles taut; but it was too late. He was crying, and he could not stop.

"Oh, damn it!" he exclaimed, half angrily, half self-commiseratingly, in combined rage and shame. "Why should I cry? What the devil's the matter with me, anyhow?"

Aileen saw it. She fairly flung herself in front of him, seized his head with one hand, his shabby waist with the other, and held him tight in a grip that he could not have readily released.

"Oh, honey, honey, honey!" she exclaimed, pityingly feverishly. "I love you, I adore you. They could cut my body into bits if it would do you any good. To think that they should make you cry! Oh, my sweet, my sweet, my darling boy!"

She pulled his still shaking body tighter, and with her free hand caressed his head. She kissed his eyes, his hair, his cheeks. He pulled himself loose again after a moment, exclaiming, "What the devil's got into me?" but she drew him back.

"Never mind, honey darling, don't you be ashamed to cry. Cry here on my shoulder. Cry here with me. My baby—my honey pet!"

He quieted down after a few moments, cautioning her against Bonhag, and regaining his former composure, which he was so ashamed to have lost.

"You're a great girl, pet," he said, with a tender and yet apologetic smile. "You're all right—all that I need—a great help to me; but don't worry any longer about me, dear. I'm all right. It isn't as bad as you think. How are you?"

Aileen on her part was not to be soothed so easily. His many woes, including his wretched position here, outraged her sense of justice and decency. To think her fine, wonderful Frank should be compelled to come to this—to cry. She stroked his head, tenderly, while wild, deadly, unreasoning opposition to life and chance and untoward opposition surged in her brain. Her father—damn him! Her family—pooh! What did she care? Her Frank—her Frank. How little all else mattered where he was concerned. Never, never, never would she desert him—never—come what might. And now she clung to him in silence while she fought in her brain an awful battle with life and law and fate and circumstance. Law—nonsense! People—they were brutes, devils, enemies, hounds! She was delighted, eager, crazy to make a sacrifice of herself. She would go anywhere for or with her Frank now. She would do anything for him. Her family was nothing—life nothing, nothing, nothing. She would do anything he wished, nothing more, nothing less; anything she could do to save him, to make his life happier, but nothing for any one else.