The whisper was confirmed. There was no doubt of it. Henderson's private
secretary had admitted it. Yet it seemed incredible. No provision had
been made for it. Speculation had not discounted it. A panic set in.
No one knew what to do, for no one knew well the state of Henderson's
affairs. In the first thirty minutes there was a tremendous drop in
Henderson stocks. Then some of them rallied, but before the partial
recovery hundreds of men had been ruined. It was a wild hour in the
Exchange. Certain stocks were hopelessly smashed for the time, and some
combinations were destroyed; among them was one that Uncle Jerry had
kept out of; and Jack Delancy was hopelessly ruined.
The event was flashed over the wires of the continent; it was
bulletined; it was cried in the streets; it was the all-absorbing talk
of the town. Already, before the dead man was removed to his own house,
people were beginning to moralize about him and his career. Perhaps the
truest thing was said by the old broker in the board whose reputation
for piety was only equaled by his reputation of always having money to
loan at exorbitant rates in a time of distress. He said to a group of
downcast operators, “In the midst of life we are in death.”
XX
The place that Rodney Henderson occupied in the mind of the public was
shown by the attention the newspapers paid to his death. All the great
newspapers in all the cities of importance published long and minute
biographies of him, with pictorial illustrations, and day after day
characteristic anecdotes of his remarkable career. Nor was there, it
is believed, a newspaper in the United States, secular, religious,
or special, that did not comment upon his life. This was the more
remarkable in that he was not a public man in the common use of the
word: he had never interested himself in politics, or in public affairs,
municipal or State or national; he had devoted himself entirely to
building up his private fortune. If this is the duty of a citizen, he
had discharged it with singleness of purpose; but no other duty of the
citizen had he undertaken, if we except his private charities. And
yet no public man of his day excited more popular interest or was the
subject of more newspaper comment.
Public-domain text, read in full here on John Shaqi.
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