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Panic

           Itcan’tbedonejustnownotunlessyougentlemenarepreparedtogomuchfurtherthanyouhaveyetgone.Ifwecouldorganizeapooltotakecareoffifteenthousandmoreshares—"

           Mr.Stackpolepaused,forMr.Handwasholdingupafat,pinkdigit.

           "Nomoreofthat,"hewassaying,solemnly."Itcan’tbedone.I,forone,won’tsinkanotherdollarinthispropositionatthistime.I’dratherthrowwhatIhaveonthemarketandtakewhatIcanget.Iamsuretheothersfeelthesameway."

           Mr.Hand,toplaysafe,hadhypothecatednearlyallhisshareswithvariousbanksinordertoreleasehismoneyforotherpurposes,andheknewhewouldnotdaretothrowoverallhisholdings,justasheknewhewouldhavetomakegoodatthefigureatwhichtheyhadbeenmargined.Butitwasafinethreattomake.

           Mr.Stackpolestaredox-likeatMr.Hand.

           "Verywell,"hesaid,"Imightaswellgoback,then,andpostanoticeonourfrontdoor.Weboughtfourteenthousandsharesandheldthemarketwhereitis,butwehaven’tadollartopayforthemwith.Unlessthebanksorsomeonewilltakethemoverforuswe’regonewe’rebankrupt."

           Mr.Hand,whoknewthatifMr.Stackpolecarriedoutthisdecisionitmeantthelossofhisonemillionfivehundredthousand,haltedmentally."Haveyoubeentoallthebanks?"heasked.

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