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rs talked of it and the public went mad over it and it touched 80 and 85 and 88 and higher, and then Gilmartin made his brother-in-law sell out and Smithers and Freeman. Their profits were: Griggs, $8,000; Smithers, $15,100; Freeman, $2,750. Gilmartin made them give him a good percentage. He had no trouble with his brother-in-law. Gilmartin told him it was an inviolable Wall Street custom and so Griggs paid, with an air of much experience in such matters. Freeman was more or less grateful. But Smithers met Gilmartin, and full of his good luck repeated what he had told a dozen men within the hour: "I did a dandy stroke the other day. Pa. Cent. looked to me like higher prices and I bought a wad of it. I've cleaned up a tidy sum," and he looked proud of his own penetration. He really had forgotten that it was Gilmartin who had given him the tip. But not so Gilmartin, who retorted, witheringly: "Well, I've often heard of folks that you put into good things and they make money and afterward they come to you and tell how damned smart they were to hit it right. But you can't work that on me. I've got witnesses." "Witnesses?" echoed Smithers, looking cheap. He remembered. "Yes, wit-ness-es," mimicked Gilmartin, scornfully, "I all but had to get on my knees to make you buy it. And I told you when to sell it, too. The information came to me straight from headquarters and you got the use of it, and now the least you can do is to give me twenty-five hundred dollars." In the end he accepted eight hundred dollars. He told mutual friends that Smithers had cheated him. VI It seemed as though the regeneration of Gilmartin had been achieved when he changed his shabby raiment for expensive clothes. He paid his tradesmen's bills and moved into better quarters. He spent his money as though he had made millions. One week after he had closed out the deal his friends would have sworn Gilmartin had always been prosperous. That was his exterior. His inner self remained the same--a gambler. He began to speculate again, in the office of Freeman's brokers. At the end of the second month he had lost not only the $1,200 he had deposited with the firm, but an additional $250 he had given his wife and had been obliged to "borrow" back from her, despite her assurances that he would lose it. This time the slump was really unexpected by all, even by the magnates--the mysterious and all-powerful "they" of Freeman's--so that the loss of
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