The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-05-25

ton"
That's precisely IT," insisted Rollins.
'Tt remained for you 10 appreciate
and take advantage Of the enormous
possibilities of the thing. to understand
its magnitude in the aggregate You
are a great man. Mr.. Kelvin. You
have been selling all the time, haven't
you?"
Every morning" admitted Phillip.
smiling.
you must have an enormous nc
count by This time"
"Close to 100000 shares" confessed
Phillip.
"And you held back your explana-
ton OF all this until you had acquired
all you wanted? thought so. Well.
it's an Ill wind that blows nobody any
good. l want some railroad shares.
suppose you realize what calamity
you are going TO bring on the coun-
try?"
II think I do" And Phillips jaws
closed with q snap
Rollins looked at him in slightly dis
approving speculation.
! Cad" he said. Some of the big
men here have been pirates. but you
will be the most ruthless wrecker who
ever got into Wall street"
mo-" returned Phillip. with curious
| smile. You have read me wrong.
am not pirate. am a reformcr."
Il Sec" concluded l,ollins-''in the
same manner that the inquisition re-
| formed the heretics."
81 decline TO he interviewed" declar-
ed Phillip. d"Are you going uptown
At the Esplanade Kelvin found Rens-
| selaer. "YOu are the only chap on my
list who knows a lot of the newspaper
crowd. | have an item for them, and
don't want to give ii out myself"
He told Rensselaer, what had trans
pired ut the dinner. Rensselaer, clap.
ped him on the back and laughed loud
/ and long. 1r sa
"The newspapers win eat that storyw
he declared. ITS wonderful thing!
Great Scott, man, how many shares
are you short?"
About 100000"
"Then every point drop means $780,
600 to you. This will send the line
down thirty points Let me figure
minute. Why. that's $2l ,OO0OOO!'
IL figure on little bit more than
that" returned Kelvin dryly. But
don't let that distress you any, Bert"
You might have given fellow
tip" complained Rensselaer,.
How much money have you?"
"a little over 5000 OF my OWL" re-
piled Rensselaer,. but can get hold
Of $1,000 more"
DO you know any way that yog can
place your $4,000 on the London mar
ket in the morning"
81 think / can. Me for itv said
Rensselaer,. jumping up. Watch me
make the sidewalk smoke" At the
door, however. he paused. "And just
TO think" he said. that oil this gilt
tering opportunity comes about
through old Henry Breedl Why. 1
have an aunt out at Forest Lakes. a
guest Of Breeds. she calls herself, but
she's a guest for pay and is sort Of
bear leader for the fair Lillian. She
would be above taking money for
coaching Lillian and afterward in
Quoting her into society. but she's not
above letting Breed handle her invest
ments' of II paltry $4,000 on q guar
anteed return of 100 per cent"
IF you want to get those selling or
ders away you had better hurry" sug-
gested Kelvin. looking at his watch.
ar
be loaded with just such messages be-
fore morning."
Shortly after midnight Kelvin was
awakened by the ringing of his tele-
phone bell, and from then on until
morning he was kept busy answering
calls from the various newspaper Of
fees. He gave them all the informa-
ton he could. They besieged him for
news. for photographs, for the story of
his life. and in the morning, having
given out all the information he had
at hand, he was compelled to go to
another hotel incognlto to escape the
reporters. He had brought 10 him all
the morning papers and read with
smiles the mass of naive exaggera-
llOHSs ne WIS the SuTeWueSI uluu
that had ever come into Wall street
He was combination Of all the great
flnanciers In America. from Vanderbilt
to Hartman. lie had sold short any
where from 100000 TO 100000
shares of stock. His age ranged from
sixteen to sixty, his complexion from
blond to brunette and his character
from humming birds to "A vampires.
About only two things was there no
disagreement-he had conducted his
commendable transactions with real
money. and Henry Breed. whose greed
had made this possible. was the most
profound scoundrel of the century,
While he was still reading these ac-
counts the Stock Exchange opened, and
IL opened with a rush, with practically
every trader on the floor wanting TO
sell and few wanting to buy. Within
I'VE minutes OF tho opening the place