Capitalists and financiers -- Fiction; Psychological fiction
“Do I think we can? Certainly I do. It’s only a matter of time. I think
if I were to put the matter to her clearly, she wouldn’t expect me to
stay. You look out how you conduct your affairs. If your father or your
brother should ever suspect me, there’d be an explosion in this town,
if nothing worse. They’d fight me in all my money deals, if they didn’t
kill me. Are you thinking carefully of what you are doing?”
“All the time. If anything happens I’ll deny everything. They can’t
prove it, if I deny it. I’ll come to you in the long run, just the
same.”
They were in the Tenth Street house at the time. She stroked his cheeks
with the loving fingers of the wildly enamored woman.
“I’ll do anything for you, sweetheart,” she declared. “I’d die for you
if I had to. I love you so.”
“Well, pet, no danger. You won’t have to do anything like that. But be
careful.”
Chapter XXIII
Then, after several years of this secret relationship, in which the
ties of sympathy and understanding grew stronger instead of weaker,
came the storm. It burst unexpectedly and out of a clear sky, and bore
no relation to the intention or volition of any individual. It was
nothing more than a fire, a distant one—the great Chicago fire, October
7th, 1871, which burned that city—its vast commercial section—to the
ground, and instantly and incidentally produced a financial panic,
vicious though of short duration in various other cities in America.
The fire began on Saturday and continued apparently unabated until the
following Wednesday. It destroyed the banks, the commercial houses, the
shipping conveniences, and vast stretches of property. The heaviest
loss fell naturally upon the insurance companies, which instantly, in
many cases—the majority—closed their doors. This threw the loss back on
the manufacturers and wholesalers in other cities who had had dealings
with Chicago as well as the merchants of that city. Again, very
grievous losses were borne by the host of eastern capitalists which had
for years past partly owned, or held heavy mortgages on, the
magnificent buildings for business purposes and residences in which
Chicago was already rivaling every city on the continent.
Transportation was disturbed, and the keen scent of Wall Street, and
Third Street in Philadelphia, and State Street in Boston, instantly
perceived in the early reports the gravity of the situation. Nothing
could be done on Saturday or Sunday after the exchange closed, for the
opening reports came too late. On Monday, however, the facts were
pouring in thick and fast; and the owners of railroad securities,
government securities, street-car securities, and, indeed, all other
forms of stocks and bonds, began to throw them on the market in order
to raise cash. The banks naturally were calling their loans, and the
result was a stock stampede which equaled the Black Friday of Wall
Street of two years before.
Public-domain text, read in full here on John Shaqi.
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