In a moment the man stood at his elbow with the tense erect bearing of
an orderly on the field of battle. The quick nervous touch of the
master's hand on that button had told to his sensitive ears the story
of a coming life-and-death struggle. His words came with sharp nervous
energy:
"Yes sir?"
The financier slowly drew the big cigar from his mouth and spoke in low
tones:
"A meeting of the Allied Bankers here in 30 minutes. No telephone
messages. A personal summons to each. They enter one at a time that no
one on the outside sees them come. You understand?"
"I understand."
Bivens raised his finger in warning. "Your life on the issue."
Trembling with excitement the secretary turned and quickly left the
room.
CHAPTER V
GATHERING CLOUDS
The sensation which the District Attorney sprang in the sudden
indictment of the president of the Iroquois Company was profound and
far-reaching. The day before the indictment was presented to the Grand
Jury stocks began to tumble without any apparent cause. The "big
interests" who had hitherto counted on exhaustless funds to sustain
them in any market they might choose to make were paralyzed by the
suddenness of the attack on stocks and the daring of its hidden leader.
When the warrant for the arrest of the great man had been served and he
was admitted to bail to await his coming trial, there was a feeble
rally in the market, but the rats quickly began to desert a sinking
ship. The president under indictment had ceased to be a power. There
was a wild scramble of his associates who were equally guilty to save
their own skins. The press, which at first denounced Stuart, now boldly
demanded the merciless prosecution of all the guilty. And they hailed
the brilliant young District Attorney as the coming man.
In the meantime all kinds of securities continued to tumble. For six
consecutive days stocks had fallen with scarcely an hour's temporary
rally. Every effort of the bull operators, who had ruled the market for
the two years past, to stem the tide was futile. Below the surface, in
the silent depths of growing suspicion and fear, an army of sappers and
miners under the eye of one man were digging at the foundations of the
business world--the faith of man in his fellow-man.
Each day there was a crash and each day the little financier and his
unscrupulous allies marked a new victim. The next day the death notice
was posted on a new door, and when the bomb had exploded they picked up
the pieces and moved to a new attack.
In the midst of the campaign for the destruction of public credit which
Bivens and his associates, the Allied Bankers, were conducting with
such profound secrecy and such remarkable results, when their profits
had piled up into millions, a bomb was suddenly exploded under their
own headquarters.
The Van Dam Trust Company was put under the ban of the New York
Clearing House. The act was a breach of faith, utterly unwarranted by
any known law of the game. But it was done.
Public-domain text, read in full here on John Shaqi.
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