"You will readily conceive," observed Mr. Bayard, after musing a bit, "that I keep myself posted concerning the least movement of the least man who comes speculating into stocks. You may take it for granted that I know a trifle or so of your Count Storri. To be frank, he and Mr. Harley, with Senator Hanway and five others, are preparing for some movement in Northern Consolidated. I don't know whether it is to be a 'bull' or a 'bear' movement, or when they will begin. Those are matters which rest heavily on the finding of that special committee of which Senator Hanway is the chief. Do you know when the finding may be looked for? Can you tell me what the committee will report?" Richard could not bring himself to speak of Senator Hanway's confidential assurances of a white report for Northern Consolidated. From those assurances he was sure that the pool meditated a "bull" campaign, but he did not say so since he could not give his reasons. Mr. Bayard came to the protection of his anxieties. "Senator Hanway," went on Mr. Bayard, "has privately told a number of people that the report will favor the road." Richard was struck by the cool fullness of Mr. Bayard's information. It was likewise impressive to learn that he was not the only one in Senator Hanway's confidence. On top of Richard's wonder Mr. Bayard piled another marvel. He declared that he did not believe the word of Senator Hanway. "He is a fox for caution," quoth Mr. Bayard, "and I cannot think he told the truth. Believe me, the committee's report will tear Northern Consolidated to pieces. The market has been exceedingly strong since the beginning of the year. He will watch, and plump in that adverse report the moment general prices show a weakness." Richard, while taken by the reasoning of Mr. Bayard, was not convinced. However, he asked Mr. Bayard what might be done. "Remembering always," said Richard, "that the one purpose I have in view is the overthrow of Storri." "Every member of that pool," returned Mr. Bayard, "has made himself fair game. A pool is like a declaration of war against the world; the pool itself would tell you so. And speaking of the pool, you understand that the eight are bound together like a fagot. You can't break one without breaking all; if Storri fall, Mr. Harley, Senator Hanway, and the others fall." Richard could not forbear a smile as he recalled how Mrs. Hanway-Harley had said that her only objection to him was his lack of riches, and how, should his fortune one day mend and measure up with Mr. Harley's, Dorothy and he might wed. The peculiar humor of those possibilities which the situation offered began to address itself to Richard. Was not here a chance to remove Mrs. Hanway-Harley's objection? "Since they are open game," said Richard, "I see no reason why the whole octagonal combination should not be wiped out. Indeed, there might be a distinct advantage in it," he concluded, thinking on Dorothy.