Peck told me flatly that I did not stand the ghost of a show; and began to figure. Peck was always figuring. He advised me to stand for the attorneyship, and said I might get it if I really tried. I knew better, however, and I knew Peck, too, so I started in. To make a fight I wanted money, and it happened that a little trip I had taken in the summer, when I was making a sort of a splurge, together with an unlooked-for and wholly inexplicable adverse turn in the market had taken all my cash. So, to make it up, I went into the biggest deal I ever tried. What was the use of fooling about a few score dollars a point when I could easily make it a thousand? I would no longer play at the shilling-table. I had a "dead-open-and-shut thing" of it. I had gotten inside information of a huge railroad deal quietly planned, and was let in as a great favor by influential friends, who were close friends of men who were manipulating the market, and especially the P. D. and B. D., a North-western road which had been reorganized some years before. Mr. Poole had some interest in it and this made me feel quite safe as to the deal. I knew they were staking their fortunes on it. I was so sure about it that I even advised Peck, for whom I had some gratitude on account of his advice about the attorneyship, to let me put him in for a little. But he declined. He said he had other use for his money and had made it a rule not to speculate. I told him he was a fool, and I borrowed all I could and went in.