Capitalists and financiers -- Fiction; Gold -- Fiction; South America -- Fiction; Wall Street (New York, N.Y.) -- Fiction
“It’s all right, sir,” said the clerk obsequiously.
“We received a message from the New York manager half an hour ago,
instructing us to give you every facility for exclusive use of our best
line. Will you come to the operating room?”
Brent followed, and was seated a moment later by the side of a young
operator, who, with his hand on a telegraph key, was listening to the
rapid ticks of the sounder.
“Mr. Wharton is there, sir. Will you write what you have to say to him?”
“Ask him what happened to-day,” replied Brent.
A few nervous dots and dashes, and the question had started on its three
thousand mile journey. There was silence--one, two, three, four minutes.
Then the answer began to come back. The telegrapher wrote it down rather
slowly, and with occasional pauses between the words, for the cable does
not bring a message as rapidly as a land line can carry it. This was
what Brent read over the clerk’s shoulder:
“Followed your suggestion and stocks sagged after irregular market,
closing about two per cent off. Sold wheat freely, but market did not
break though weak. Bought fifty thousand barrels flour, which shall
offer retailers and bakers to-morrow at sharp reduction. Hope to
demoralize corner in bread-stuffs, but fear will require tremendous
expenditure. Stock market will need continued support even at much
lower range of prices. Might relieve stagnation money market by
borrowing heavily on English bonds, and thus divert funds from
bread-stuffs speculation. Could borrow about ninety millions at two to
three per cent, probably on hundred million bonds. Believe this would
give tone to whole market, and cause immediate decline wheat and other
staples. Distress among masses very great and prospects serious, trouble
becoming more grave. Fear only most radical measures will avert
dangerous outbreaks. Strong movement developing favor immediate summons
special session Congress. Hope you can arrange come over within few
days.”
“That’s all,” said the operator, as he signaled a brief “o.k.” to the
cable station.
As soon as Brent had read the last word he seized a writing-pad, and
scribbling only a few words on a sheet, according to the operator’s
suggestion, in order that the wire might not be idle, he replied as
follows:
Public-domain text, read in full here on John Shaqi.
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