ute power on the one hand, unfathomable,
never-cool-down hell on the other."
"Jim, how does he do what he does? I cannot make out from anything I have
read or you have told me, how he creates those panics and makes all that
money."
"No one has ever been able to figure it out," I answered. "I understand
the stock business, but I cannot for the life of me see how he does it. He
has none of the money powers in league with him, that's sure, for in the
mood he has been in during the past two years it would be impossible for
him to work with them, even if his salvation depended on it. The mention
of any of the big 'System' men drives him to a fury. He has to-day made
more money than any one man ever made in a day since the world began, and
he had only commenced his work when he quit to please me. As I stand in
the Exchange and watch him do it, it seems commonplace and simple.
Afterward it is beyond my comprehension. At the gait he is going, the
Rockefeller, Vanderbilt, and Gould fortunes combined will look tiny in
comparison with the one he will have in a few years. It is beyond my power
of figuring out, and it gives me a headache every time I try to see
through it."
Chapter VIII.
A number of times during the following year, and finally on the
anniversary of the Sands tragedy, Bob carried the Exchange to the verge of
panic, only to turn the market and save "the Street" in the end. His
profits were fabulous. Already his fortune was estimated to be between two
and three hundred millions, one of the largest in the world. His name had
become one of terror wherever stocks were dealt in. Wall Street had come
to regard his every deal, from the moment that he began operations, as
inevitably successful. Now and again he would jump into the market when
some of the plunging cliques had a bear raid under way, and would put them
to rout by buying everything in sight and bidding up prices until it
looked as though he intended to do as extraordinary work on the up-side as
he was wont to do on the down. At such times he was the idol of the
Exchange, which worships the man who puts prices up as it hates him who
pulls them down. Once when war news flashed over the wires from Washington
and rumour had the Cabinet members, Senators, and Congressmen selling the
market short on advance information, when the "Standard Oil" banks had put
up money rates to 150 per cent, and a crash seemed inevitable, Bob
suddenly smashed the loan ma
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