The Washington herald., 1907-03-29
COPPERTNG CAVERLY
BY BENSON GRAYDON

Il don't care what it costs" declared
Caverly. This mans father nearly
ruined me once with his speeulatIons.
Now comes his son. who not only follows
his fathers footsteps in the street, but
he clandestinely wins my daughters
heart"
Those Newtons always were greedy, -
! agreed TAFT. tanning the flames of the
others anger. 7 don't suppose you want
to figure in this matter?'
Caverly shook his head. Not yet, !"
he explained. Time enough TO tell him
when he is ruined,
Trust 10 me" said TAFT confidently
I'VE will jolt the young man considera-
bly,"
caverly went out ehuekling. The
night before Emory Newton had had the
audaeity 10 demand Belle Caverly's hand
! in marriage. He made light Of the old
enmity that had existed between his
father and Caverly and suggested that
Kentucky feuds or Corsican vendettas
were out OF fashion In New York. Cav
erly had ordered him from the house aid
row he was scheming with TAFT to ruin
the boy.
For week or two Newton did not sus-
pect that his brokers were beraying him
to TAFT Runs OF hard luck were COM
mon enough on Wall street, and he
simply seemed TO have struck an un-
usually bad one that was all. 1t was
Belle who gave him the hint when they
met
"Are you having bad luck with your
stocks? ?''' she asked as they sat in the
Hargrave conservatory.
who told your" he smiled. Since
when did you busy your pretty head with
stocks and things?"
Il heard father talking over the teie-
phone" she exclaimed. I don't know
Just what he meant but it seemed as
though he had hired some one TO make
your stocks go the way you didn't want
them to"
7 see" he said with a laugh. Il
thought it merely a run of luck. 1 shall
have TO get even"
I think its mean of dad" she went
on. He won't let me marry you and
he wants you to lose your money"
Don't Worry" he replied. I think I
can teach him a lesson. There's the
music
They went back to the ballroom, and
| Belle forgot the incident. II 1t bothered
Newton so little. it could not be very
serious. But 1t did bother Newton more
] than a little. 1t explained to him how
/ il was that when he bought for a rise
| his stocks fell When he sold short"
/ In the expectation Of prices being low
/ cred, they took an upward move. II II
was Caverly behind the scheme, it meant
[ a finish fight unless he wanted TO quit
| the street.
/ Newton did not need TO speculate. His
/ income was ample, but he liked the ex-
| citement and he had inherited his faith
I er's stubbOrnness. He would not be
1 driven from the field. He took his losses
/ placldly and smiled at every fresh blow.
/ II Caverly found his revenge eXpen-
/ sive, he at least found II worth while.
j Through TAFT he obtained from New
/ toms broker an accurate account OF the
/ losses sustained and the sum was grow
/ ing we'll into seven figures.
| But even Caverly almost baked when
Newton went in for P. & n This was
/ Caveriys pet stock. For almost a year
he had acquired blocks of it here and
/ there until IT looked as though at the
next election he might gain control.
Newton sold put at ten points rise.
! To depress it some of. Caverly's hold
/ ings must be offered at a lower price.
/ It was a stiff fight. Most spectators
/ held of, bat there was some one who
/ eagerly bought at the low price. Seven
/ thousand shares were sold before New
[ ton dropped from the market. He had
| promised TO buy It at 971s. It had
l dropped to S1A. He stood to lose and
1 Caverly chuckled.
Cant even win on P. & NJ" he jeered
to TAFT. Il guess that ought to finish
him"
"siegrist & Platt want that P. & N.
stock, said the head clerk interruptiug.
we have none"
"Of course not" agreed TAFT Didn't
suppose they wanted actual delivery
well, they do" said the clerk. "Mr
Siegrist is here himself, and he refused
a check for the profits. Wants to know
if We keep a bucket-shop.''
Send him in, said TAFT, in husky
voice. It looked like trouble After
Newton had been trimmed the stock had
| been permitted TO rise a few points. TAFT
had supposed that a check to cover
the increase would be sufficient If Sic
grist insisted upon the actual delivery of
the stock and he could neither buy nor
| borrow, he would be expelled from the
exchange for "bucketing" the stock. Be
1 fore the broker entered he turned to Cav
erly.
you viii have to make good with your
/ stock" he snarIed. IF you don't III tell
just how it happened"
Caverly knew that If he offered stock
with no intention Of letting It 90 be was
in the same boat with his broker, and In
/ the end he had TO send over TO his Office
for the necessary shares. There was a
/ heated session between the two men after
/ Siegrist left. but that did not bring back
the stock. The registry books closed the
following day, and Caverly had lost con
| troll by some 2,000 shares. which he could
not possibly replace in time for the meet
/ ing.
That evening Belle was surprised to see
Emory Newton passing through the hall
into the library. Evidently he was ex-
/ Pected, for Caverly looked up colGly.
You asked Tor the interview he snap
I ped What is Il yen wish ?'
Il wanted to explain something to YOU -
] said Caverly. "As you are 70 be my