Gorham was well satisfied with the successful formation of the Manhattan Traction Company, as he was also with the general progress of the Consolidated Companies. Its expansion and success were phenomenal, and it was, of a certainty, coming into its own. The volume of business had quadrupled; its list of stockholders was nearly complete, and already included a sufficient proportion of those who controlled the world's pulse to make the acquisition of the others certain; its political strength, exercised under his firm hand for peace always, even now exceeded any similarly exerted power the world had known. It was natural that Gorham should be filled with a certain sense of satisfaction that his work was bearing such magnificent fruit. One by one the necessities of life were being given to the public at a lower cost; one by one the luxuries, which had previously been denied them, were being brought within their reach. Wars had been prevented and taxation reduced. Everywhere the Consolidated Companies was looked upon as the people's friend, and those connected with it as public benefactors. And yet--the profits were increasing so rapidly that before long they bade fair to defy human computation! For the first time since he began his work of forming the corporation Gorham gave himself up to day-dreams. Sitting back in an easy-chair in his library he watched the smoke curl upward from his cigar, and gave his mind free rein. With the momentum now acquired, nothing could stem the triumphal advance. The business scope had extended nearly as far as he would let it go--he would confine it to public utilities and public necessities. In the future, it might break beyond the confines he had set for it, and even become the single employer of all labor, but for his own time he would keep it within his limitations, so that he might devote his thought and energy to the development of its political power. Why should he not eventually succeed even in forcing a disarmament of nations, relieving the people of their most grievous burden, and insuring peace by the absolute control the Companies was certain to acquire of foodstuffs and the munitions of war? Then, indeed, his life would not have been in vain! His day-dreams and his thoughts were interrupted by finding his wife at his side. She had entered so quietly that he had not heard her footstep, and he gave a gentle start when he felt her hand upon his forehead. "Yes, dear, I am dreaming," he said, in answer to her unspoken question. "You don't often see me this way, do you? The world never looked so bright as it does to-day. The Consolidated Companies, the child of your conception and my creation, has reached the zenith of its power. It may grow larger, but even now nothing can resist it."