WAR
_Wall street and the people of the country--Collateral--I decide to go
home--Slocum finds that I am a patriot--I plan to enlist--Hardman
once more--Claims--A midnight problem--The telegram_
War! That was what was in the air those days. It had muttered on for
months, giving our politicians at Washington something to mouth about in
their less serious hours. Then came the sinking of the _Maine_ in Havana
Harbor, and even Wall Street could see that the country was drifting
fast into war. And in their jackal fashion, the men of Wall Street were
trying to make money out of this crisis of their country, starting
rumors from those high in authority to run the prices of their goods up
and down. To those men who had honest interests at stake it was a
terrible time for panic, for uncertainty. One could never guess what
might happen over night.
But throughout the land, among the common people, the question at issue
had been heard and judged. The farmer on his ranch, the laborer in his
factory, the hand on the railroad--the men of the land up and down the
States--had judged this question. When the time came their judgment got
itself recorded; for any big question is settled just that way by those
men, not at Washington or in Wall Street.
The sick spirit of our nation needed just this tonic of a generous war,
fought not for our own profit. It would do us good to give ourselves for
those poor Cuban dogs. The Jew spirit of Wall Street doesn't rule this
country, after all, and Wall Street doesn't understand that the millions
in the land long to hustle sometimes for something besides their own
bellies. So, although Wall Street groaned, I had a kind of faith that
war would be a good thing, cost what it might.
And it might cost me the work of my life. Latterly, with the revival of
trade, my enterprises had been prospering, and were emerging from that
doubtful state where they were blown upon by every wind of the market.
For the American Meat Products Company had kept its promise and was
earning dividends. It had paid, in the past year, six per cent on the
preferred stock, and, what with the big contracts we were getting from
the Government just now, it would earn something on the common. So far
very little of our stock had come upon the market, although the period
covered by the agreement among the stockholders not to sell their
holdings had passed. In spite of Mr. Dround's threats, there was no
evidence that he had disposed of his stock up to this time. It was
probable that when he saw what a good earner the company had proved to
be, he had reconsidered his scruples, as he had done years before in the
matter of private agreements and rebates.
And that rag of a railroad out of Kansas City, which Farson and his
friends found left on their hands in the panic times of '93, now reached
all the way to the Gulf and was spreading fast into a respectable
system. After Farson had withdrawn his help at the time of our
disagreement, we had interested a firm of bankers in New York, and, one
way and another, had built and equipped the road. A few years of good
times, and all this network of enterprises would be beyond attack.
Meanwhile, I was loaded down to the water's edge with the securities of
these new companies, and had borrowed heavily at home and in the East in
the effort to push through my plans.
This was my situation on that eventful day when the news of the sinking
of the _Maine_ was telegraphed over the country, and even gilt-edged
securities began to tumble, to slide downhill in a mad whirl. In such
times collateral shrank like snow before a south wind.
All the morning I had sat in my office with a telephone at my ear, and
it seemed to me that but one word came from it--Collateral! collateral!
Where was it to be had? Finally, I hung up the receiver of my telephone
and leaned back in my chair, dazed by the mad whirl along which I was
being carried. My secretary opened the door and asked if I would see
So-and-so and the next man. A broker was clamoring to get at me. They
all wanted one thing--money. Their demands came home to me faintly, like
the noise of rain on a window.
"Jim," I said to the man, "I am tired. I am going home."
"Going home?" he gasped, not believing his ears.
"Tell 'em all I am going home! Tell 'em anything you want to."
While the young man was still staring at me, Slocum burst past him into
the room. Even his impassive face was twisted into a scowl of fear.
"Harris is out there," he said hurriedly. "He says some one is selling
Meat Products common and preferred. Big chunks of it are coming on the
market, and the price has dropped fifteen points during the morning."
I said nothing. Anything was to be expected in this whirlwind.
"Do you suppose it's Dround's stock?" he asked.
"Perhaps," I nodded. "It don't make much difference to us whose it is."
"We can't let this go on."
"I guess it will have to go on," I replied listlessly.
Slocum looked at me wonderingly. He had seen me crawl out of a good many
small holes, and he was waiting for the word of action now.
"Well?" he asked at last.
"I am going home." I got up and took his arm. "Come along with me, old
man. I want to get out of this noise."
The elevator dropped us into the hurly-burly of the street. Men were
hurrying in and out of the brokers' offices, where the last reports for
the day were coming in.
"D--n this war!" Slocum swore, as I paused to buy a paper.
"Don't say that, Slo!" I protested. "This war is a great thing, and
every decent American ought to be proud of his country, by thunder! I
am."
The lawyer looked at me as if my head had suddenly gone back on me.
"I mean it. I tell you, Slo, nations are like men. They have their work
to do in this life. When it comes to an issue like this, they can't
shirk any more than a man can. If they do, it will be worse for them.
This war will do us good, will clean us and cure us for a good long time
of this cussed, little peevish distemper we have been through since '93.
That was just selfish introspection. This fight for Cuba will bring us
all together. We'll work for something better than our bellies. There's
nothing so good as a dose of real patriotism once in a while."
"Van, you ought to be in the Senate!" he jeered.
"Perhaps I shall be there one of these days, when I have finished this
other job."
The idea seemed to strike him humorously.
"You think it might be hard work for me to prove my patriotism to the
people? Don't you believe it. The people don't remember slander long.
And those things you and I have done which have set the newspapers
talking don't worry anybody. They are just the tricks of the game."
So we sauntered on through the streets that March afternoon, discussing,
like two schoolboys, patriotism and government; while back in the office
we had left white-faced men were clamoring for a word with me, seeking
to find out whether I was to go under at last.
"Well," Slocum finally asked, as he was leaving me, "what are you going
to do about this pinch?"
"There's nothing to be done to-night. I'm going to read the papers and
see what they say about the war. I am going home. Perhaps to-morrow it
will be all over. Lordy! We'll make a tolerable big smash when we go
down!"
"Get some sleep!" was Slocum's advice.
* * * * *
The papers were red-hot with the war spirit, and they did me good.
Somehow, I was filled with a strange gladness because of the war. Pride
in the people of my country, who could sacrifice themselves for another
people, swelled my heart. Where could you read of a finer thing in all
history than the way the people's wrath had compelled the corrupt,
self-seeking politicians in Washington to do their will--to strike an
honest blow, to redeem a suffering people! It comes not often in any
man's life to feel himself one of a great nation when it arises in a
righteous cause with all the passion of its seventy millions. Let the
panic wipe out my little pile of money. Let the war break up the dreams
of my best years--I would not for that selfish cause stay its course. It
made a man feel clean to think there was something greater in life than
himself and his schemes.
[Illustration: _To-day I should like to slip back once more to the bum
that landed in Chicago--unattached, unburdened, unbound._]
I walked on and on in the March twilight, leaving behind me the noisy
city, and the struggle of the market. Why not go myself--why not enlist?
I suddenly asked of myself. The very thought of it made me throw up my
head. Slocum could gather up the fragments as well as I, and there
would be enough left in any case for the children and Sarah. Better that
fight than this! When the President issued a call for volunteers, maybe
I could raise a regiment from our men.
The street was shadowed by the solid houses of the rich, the respectable
stone and brick palaces of the "captains of industry," each big enough
to house a dozen Jasonville families. I looked at them with the eyes of
a stranger, as I had the day when I roamed Chicago in search of a job.
Perhaps I had envied these men then; but small comfort had I ever had
from all the wealth I had got out of the city. Food and drink, a place
to sleep in, some clothes--comfort for my wife and children--what else?
To-day I should like to slip back once more to the bum that landed in
Chicago--unattached, unburdened, unbound....
I let myself into the silent house. Sarah and the children were at our
place in Vermilion County, where I had a house and two thousand acres of
good land, to which I escaped for a few days now and then. I had my
dinner and was smoking a cigar when a servant brought me word that a man
was waiting to see me below. When I went into the hall I saw a figure
standing by the door, holding his hat in his hands. In the dim light I
could not make out his face and asked him to step into the library,
where I turned on the light. It was the preacher Hardman.
"What do you want?" I asked in some surprise.
"I suppose I ought not to trouble you here at this hour, Mr.
Harrington," he said timidly. "But I am much worried. You remember that
investment you were kind enough to make for me a few years ago?"
His question recalled to my mind the fact that he had given me a little
inheritance which had come to his wife, asking me to invest it for him.
I had put it into some construction bonds.
"What about it?" I asked.
He stammered out his story. Some one had told him that I was in a bad
shape; he had also read a piece in the paper about the road, and he had
become scared. It had not occurred to him to sell his bonds before he
preached that little sermon at me; but, now that my sins were apparently
about to overtake me, he wished to save his little property from
destruction.
"Why don't you sell?" I asked.
"I have tried to," he admitted, "but the price offered me is very low."
I laughed at the fellow's simple egotism.
"So you thought I might take your bonds off your hands? Got them there?"
"My wife thought, as your--" he stammered. I waived his excuse aside.
He drew the bonds from his coat pocket. As I sat down to write a check I
said jokingly:--
"Better hustle round to the bank to-morrow and get your cash."
"I trust you are not seriously incommoded by this panic," he remarked
inquiringly.
"Gold's the thing these days!" I laughed.
(The cashier at the bank told me afterward that Hardman made such a fuss
when he went to cash his check that they actually had to hand him out
six thousand dollars in gold coin.)
The preacher man had no more than crawled out with profuse words of
thanks than I had another caller. This time it was a young doctor of my
acquaintance. He was trying to put on an indifferent air, as if he had
been used to financial crises all his life. He had his doubts in his
eyes, however, and I took him into my confidence.
"If you possibly can, stick to what you have got. It may take a long
time for prices to get back to the right place, but this tumble is only
temporary. Have faith--faith in your judgment, faith in your country!"
I knew something of his story, of the hard fight he had made to get his
education, of his marriage and his wife's sickness, with success always
put off into the future. He had brought me his scrapings and savings,
and I had made the most of them.
When at last the doctor had gone away somewhat reassured, I sat down to
think. There were a good many others like these two--little people or
well-to-do, who had put their faith in me and had trusted their money to
my enterprises. Not much, each one; but in every case a cruel sum to
lose. They had brought me their savings, their legacies, because they
knew me or had heard that I had made money rapidly. Could I leave them
now?
I might be willing to go off to Cuba and see my own fortune fade into
smoke. But how about their money? No--it was not a simple thing just to
go broke by one's self. To-morrow my office would be crowded by these
followers, and there would be letters and telegrams from those who
couldn't get there. So back to the old problem! I rested my head on my
hands and went over in my mind the situation, the amount of my loans,
the eternal question of credit--where to get a handhold to stay me while
the whirlwind passed, as I knew it must pass.
[Illustration: _It was a messenger boy with a delayed telegram._]
Hour after hour I wrestled with myself. Ordinarily I could close my eyes
on any danger and get the sleep that Nature owes every hard-working
sinner. But not to-night. I sat with my hands locked, thinking. Along
about midnight there sounded in the silent house a ring at the
door-bell: it was a messenger boy with a delayed telegram. I tore it
open and read:--
"Remember my letter." It was dated from Washington, and was not signed.