The Monticellonian., 1919-04-25
CHAPTER xiV-Continued

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 It was thus that he had made him self important enough To advance rapidly in his firm. And he had put large share of his salary every week into savings bank. With his extra commissions and bits of unex= pected luck he had bought securities of impregnable value. These he had locked away in safe-depoSit vault. They paid him only four or five per- cent, but they were as sure IS any= thing mundane. And twice year they granted him the lofty emotion of the coupon cutter.
 He had paid cash for what mer- chandise he bought and demanded special discounts for it. In time the many mckleS made Il muckle. He had five thousand dollars worth of bonds in his safe deposit box.
 And then he married-pawned him. self at the marriage shop. He kept his hoard secret from Leila.
 Now he saw chance to use the talents that he had buried in q nap kin. He filled the ears of Clay and Daphne with his market jarcon. He was as unintelligible to Daphne as q mad Scot talking golfese.
 Look at Q. & O." he would say sold at eighty-five year ago. Friend of mine bought il. People who were i'll the know said it was going up. It ought to have gone up. but it didn't. Dropped slowly and siekeningly to forty-three. Today it Is forty-six. If l had gone into the market the other day with five thou sand dollars and snapped it up at forty-three I'd have cleaned up three hundred and a half in no time.
 First catch your five thousand dollars said Clay.
 I've caught it." said Bayard. i've had it all along"
 You haveT Clay groaned. eff I'd known that I'd have borrowed it to get married On.'
 Not in Il million years" said Bay ard. When I've made a killing with this money I'll make you all q pres ent, but you couldn't pry this out of me with crowbar. l wish 1 knew where to borrow more. If you can raise any money, Clay, don't YOU spend it in matrimony. A fellow can get married any time, bur it's only once in ten years that you can climb aboard market after a panic and ride in with the tide
 He went to his safe deposit vault, took out his bonds, carried them to the vice president of his bank. and borrowed all that he could raise on the securities. The bonds had fallen below par on account of the depreS- sion, but Bayard was granted so per cent of their face value, minus 30 days discount at ! per cent.
 His anemic bank account was sud denly swollen by three thousand nine hundred and Seventy-nne dollars and eighteen cents.
 He sought out a broker, college friend whom he could trust. to advise him honestly. They conferred on the stocks to buy. The old dilemma could not be escaped those that of fered the most profit offered the most risk. To buy on margins WAS further danger with promise of further profit.
 Yet, after all, Bayard felt, to buy outright however wise, was tame. Even if he doubled his money he would have only eight thousand in place of his four And eight thou sand was no fortune.
 The question of what stocks to bet on was thrilling one, requiring Il long war council, but at length the disposition was made and he gave his broker the command to go forward.
 The market crept up and up. Bay ard turned his profits back into his speculation. He was growing rich. He was planning works of lavish charity, works of art, the purchase of q great reserve fund of securities.
 Some years before, when President Taft was inaugurated, every omen Was fine. The weather bureau prom ised fair weather. There was not hint of storm anywhere upon the con tnent. And then blizzard packed in from the ocean and played havoc with the throngs. So upon the era of good feeling and democratic equality and civilized peace the European war backed ill from nowhere.
 A young man from Serbia shot grand duke of Austria, and the world heard of Saraievo for the first time, but not the last. The bullet that slew the Austrian heir multiplied itself as by magic into billions of missiles. young shoemaker from Bavaria to his great surprise, killed an old Belgian schooteacher he had never heard of. The schooteaclier fell into ditch still clasping his umbrella. The shoe maker moved on with strange ap- petite for shooting