w it, having little faith in the
comfort of any structure that is not immovably reposeful, but from the
descriptions it was a boudoir afloat. In it short voyages were made
during the summer all along the coast from New York to Maine, and the
arrival and departure of the Henderson yacht was one of the telegraphic
items we always looked for. Carmen Eschelle was usually of the party on
board, sometimes the Misses Arbuser; it was always a gay company, and in
whatever harbor it dropped anchor there was a new impetus given to the
somewhat languid pleasure of the summer season. We read of the dinners
and lunches on board, the entertainments where there were wine and
dancing and moonlight, and all that. I always thought of it as a fairy
sort of ship, sailing on summer seas, freighted with youth and beauty,
and carrying pleasure and good-fortune wherever it went. What more
pleasing spectacle than this in a world that has such a bad name for
want and misery?

Henderson was master of the situation. The sudden accumulation of
millions of money is a mystery to most people. If Henderson had been
asked about it he would have said that he had not a dollar which he had
not earned by hard work. None worked harder. If simple industry is a
virtue, he would have been an example for Sunday-school children.
The object of life being to make money, he would have been a perfect
example. What an inspiration, indeed, for all poor boys were the names
of Hollowell and Henderson, which were as familiar as the name of the
President! There was much speculation as to the amount of Henderson's
fortune, and many wild estimates of it, but by common consent he was one
of the three or four great capitalists. The gauge of this was his power,
and the amounts he could command in an emergency. There was a mystery in
the very fact that the amount he could command was unknown. I have said
that his accumulation was sudden; it was probably so only in appearance.
For a dozen years, by operations, various, secret, untiring, he had
been laying the foundations for his success, and in the maturing of his
schemes it became apparent how vast his transactions had been. For years
he had been known as a rising man, and suddenly he became an important
man. The telegraph, the newspapers, chronicled his every movement;
whatever he said was construed like a Delphic oracle. The smile or the
frown of Jay Hawker himself had not a greater effect upon the market.
The Southwest operati