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e great interests known to act with or to be actually controlled by the Colossus had been desperately combating the effects of the sudden arrest of Lucas Hahn, and the exposure of his plundering of the Hahn banks. This bombshell, in its turn, had fallen at a time when the market had been "boosted" beyond its real strength. In the language of the place, a slump was due. Reports from the 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 communication with his lieutenants in the Street. One journal was able to give, in round figures, the sum spent on cabling between New York and Marlstone in the past twenty-four hours; it told how a small staff of expert operators had been sent down by the Post Office authorities to Marlstone to deal with the flood of messages. Another revealed that Manderson, on the first news of the Hahn crash, had arranged to abandon his holiday and return home by the _Lusitania_; but that he soon had the situation so well in hand that he had determined to remain where he was. All this was falsehood, more or less consciously elaborated by the "finance editors," consciously initiated and encouraged by the shrewd business men of the Manderson group, who knew that nothing could better help their plans than this illusion of hero-worship--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, though the ground beneath the feet of Mr. Jeffrey yet rumbled now and then with AEtna-mutterings of disquiet, he deemed his task almost done. The market was firm and slowly advancing. Wall Street turned to its sleep of Sunday, worn out but thankfully at peace. In the first trading hour of Monday a hideous rumor flew round the sixty acres of the financial district. It came into being as the lightning comes, a blink that seems to begi
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