etry thought a while.

"Well," he said, at length, "... yes. I guess I can arrange it. I can
get you a good man in Liverpool--Traynard is his name--and there's two
or three in Paris we could pick up. Odessa--I don't know. I couldn't
say just this minute. But I'll fix it."

These correspondents began to report at the end of July. All over
Europe the demand for wheat was active. Grain handlers were not only
buying freely, but were contracting for future delivery. In August came
the first demands for American wheat, scattered and sporadic at first,
then later, a little, a very little more insistent.

Thus the summer wore to its end. The fall "situation" began slowly to
define itself, with eastern Europe--densely populated,
overcrowded--commencing to show uneasiness as to its supply of food for
the winter; and with but a moderate crop in America to meet foreign
demands. Russia, the United States, and Argentine would have to feed
the world during the next twelve months.

Over the Chicago Wheat Pit the hand of the great indicator stood at
seventy-five cents. Jadwin sold out his September wheat at this figure,
and then in a single vast clutch bought three million bushels of the
December option.

Never before had he ventured so deeply into the Pit. Never before had
he committed himself so irrevocably to the send of the current. But
something was preparing. Something indefinite and huge. He guessed it,
felt it, knew it. On all sides of him he felt a quickening movement.
Lethargy, inertia were breaking up. There was buoyancy to the current.
In its ever-increasing swiftness there was exhilaration and exuberance.

And he was upon the crest of the wave. Now the forethought, the
shrewdness, and the prompt action of those early spring days were
beginning to tell. Confident, secure, unassailable, Jadwin plunged in.
Every week the swirl of the Pit increased in speed, every week the
demands of Europe for American wheat grew more frequent; and at the end
of the month the price--which had fluctuated between seventy-five and
seventy-eight--in a sudden flurry rushed to seventy-nine, to
seventy-nine and a half, and closed, strong, at the even eighty cents.

On the day when the latter figure was reached Jadwin bought a seat upon
the Board of Trade.

He was now no longer an "outsider."

VII

One morning in November of the same year Laura joined her husband at
breakfast, preoccupied and a little grave, her mind full of a subj