Trent's Last Case
seems to matter, how should
emorable in a harsh reminder of the vanity of such wealth as this dead man had piled up-without making one loyal friend to mourn him, without doing an act that could help
tal, and taking an approved toll in millions for their labour, had existed before; but in the case of Manderson there had been this singularity, that a pale halo of piratical romance, a thing especially dear to the hearts of his countrymen,
and habit of great wealth. But it was not so. While his nurture and education had taught him European ideas of a rich man's proper external circumstance; while they had rooted in him an instinct for quiet magnificence, the larger costliness which does not shriek of itself with a thousand tongues; there had been handed on to him nevertheless much of the Forty-Niner and financial buccaneer, his forbear. During that first period of his
's banking business, closing his ears to the sound of the battles of the Street. In a few years he came to control all the activity of the great firm whose unimpeached conservatism, safety, and financial weight lifted it like a cliff above the angry sea of the markets. Al
the large designs of state or of private enterprise. Many a time when he 'took hold' to smash a strike, or to federate the ownership of some great field of labour, he sent ruin upon a multitude of tiny homes; and if miners or steelworkers or cattlemen defied him and invoked disorder, he could be more lawless and ruthless than they. But this was done in the pursuit of legit
spoils of the Main. Now and then the pirate would glare suddenly out, the knife in his teeth and the sulphur matches sputtering in his hatband. During such spasms of reversion to type a score of tempestuous raids upon the market had been planned on paper in the inner room of the offices of Manderson, Colefax and Company. But they were never carried out. Blackbeard would quell the mutiny of his old self within him and go soberly down to his counting-house-humming a stave or two of 'Spa
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n, a plague of suicide. In Europe also not a few took with their own hands lives that had become pitiably linked to the destiny of a financier whom most of them had never seen. In Paris a well-known banker walked quietly out of the Bourse and fell dead upon the broad steps among the raving crowd of Jews, a phial c
corn-lands had not been good, and there had been two or three railway statements which had been expected to be much better than they were. But at whatever point in the vast area of speculation the shudder of the threatened break had been felt, 'the Manderson crowd' had stepped in and held the market up. All through the week the speculator's mind, as shallow as it is quick-witted, as sentimental as greedy, had seen in this the hand of the giant stretched out in protection from afar. Manderson, said the newspapers in chorus, was in hourly communicat
-knew also that no word had come from Manderson in answer to their messages, and that Howard B. Jeffrey, of Steel and Iron fame, was the true organizer of victory. So they fought down apprehension through four feverish days, and minds grew calmer. On Saturday,
ould be heard a droning hubbub of fear, and men rushed hatless in and out. Was it true? asked every man; and every man replied, with trembling lips, that it was a lie put out by some unscrupulous 'short' interest seeking to cover itself. In another quarter of an hour news came of a sudden and ruinous collapse of 'Yankees' in London at the close of the Stock Exchange day. It was enough. New York had still four hours' trading in front of her. The strategy of pointing to Manderson as the saviour and warden of the markets had recoiled upon its authors with
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prang out
ossed and murmured as ever, yet still slept her uneasy sleep. To all mankind save a million or two of half-crazed gamblers, blind to all reality, the death of Manderson meant nothing; the life and work of the world went on. Weeks before he died strong hands had been in control of every wire in the huge network of commerce and industry that he had supervised.
its rising, 'the Manderson story', to the trained sense of editors throughout the Union, was 'cold'. The tide of American visitors pouring through Europe made eddies round the memorial or statue of many a man who had died in poverty; and never thought of their most famous plutocrat. Like the poet who died in Rome, so you
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