Финансист

Chapter XXIII

           "What’sthat?Chicagoburning!"

           Helookedathisfatherandtheothermeninasignificantwayashereachedforthepaper,andthen,glancingattheheadlines,realizedtheworst.

           ALLCHICAGOBURNING

           FIRERAGESUNCHECKEDINCOMMERCIALSECTIONSINCEYESTERDAYEVENING.BANKS,COMMERCIALHOUSES,PUBLICBUILDINGSINRUINS.DIRECTTELEGRAPHICCOMMUNICATIONSUSPENDEDSINCETHREEO’CLOCKTO-DAY.NOENDTOPROGRESSOFDISASTERINSIGHT.

           "Thatlooksratherserious,"hesaid,calmly,tohiscompanions,acold,commandingforcecomingintohiseyesandvoice.Tohisfatherhesaidalittlelater,"It’spanic,unlessthemajorityofthebanksandbrokeragefirmsstandtogether."

           Hewasthinkingquickly,brilliantly,resourcefullyofhisownoutstandingobligations.Hisfather’sbankwascarryingonehundredthousanddollars’worthofhisstreet-railwaysecuritiesatsixty,andfiftythousanddollars’worthofcityloanatseventy.Hisfatherhad"upwithhim"overfortythousanddollarsincashcoveringmarketmanipulationsinthesestocks.ThebankinghouseofDrexel&Co.wasonhisbooksasacreditorforonehundredthousand,andthatloanwouldbecalledunlesstheywereespeciallymerciful,whichwasnotlikely.JayCooke&Co.werehiscreditorsforanotheronehundredandfiftythousand.Theywouldwanttheirmoney.Atfoursmallerbanksandthreebrokeragecompanieshewasdebtorforsumsrangingfromfiftythousanddollarsdown.

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