The Broadus independent. [volume] (Broadus, Mont.) 1918-1919, 1919-05-08
CHAPTER XiV-Continued.

CHAPTER xIv-Continued.
1t was thus that he had made him
SELF important enough to advance
rapidly In his firm. And he had put
q large share of his salary every
week into q savings bank. With his
@xtra commissions and bits OF unex-
Rected luck he had bought securities
az inpregnable value. These he had
sucked away In a safe-deposit vault
They paid him only four or five per-
cent, but they were as sure as any
xhtng mundane. And twice year
Nhey granted him the lofty emotion
ssf the coupon cutter.
He had paid cash for what mer-
shandise he bought and demanded
special discounts for it. In time the
many mickles made muckle. He had
ave thousand dollars worth of bonds
I'm his safe deposit box.
And then he married-pawned him.
self at the marriage shop. He kept
Rsis hoard secret from Leila.
Now he saw chance to use the
talents that he had buried in nap
aSiu. He filled the ears of Clay and
Daphne with his market jargon. He
WAS as unintelligible to Daphne as
snad Scot talking golfese.
Look at Q. & o." he would say;
"sotd at eightyfive year ago.
Friend of mine bought it. People
who were in the know said 1T was
going up. 1t ought to have gone up,
but 1t didn't. Dropped slowly and
sickeningly to forty-three. Today it
Is forty-six. If had gone into the
Dsxrket the other day with five thou
sand dollars and snapped it up at
e<7<ty-three I'd have cleaned up three
oundred and half in no time"
First catch your five thousand
dollars" said Clay.
1--WE caught it," said Bayard. 1--WE
Aad 1t all along"
"You have?" Clay groaned. "If I'd
GROWN that I'd have borrowed it to
get married on"
Not in million years." said Bay
ard. when I've made a killing with
ehls money I'll make you all a pres
sut, but you couldn't pry this out OF
ene with crowbar. l wish I knew
where to borrow more. II you can
raise any money. Clay. don't you
spend 1t In matrimOny. A fellow can
get married any time. but it's only
ance TN ten years that you can climb
sthoard a market after q panic and
ride in with the tide"
He went to his safe deposit vault,
tack out his bonds. carried them to
che vice president of his bank. and
slsrr0wed all that he could raise on
sae securities. The bonds had fallen
esesow par on account of the depres-
sion, but Bayard was granted 80 per
cent Of their face value. minus 80
days. discount at 5 per cent.
His anemic bank account was sud
sseaty swollen by three thousand nine
faauadred and seventy-nine dollars and
'sas1-csa cents.
EIe sought out broker, a college
friend whom he could trust, to advise
atm honestly. They conferred on the
stocks to buy. The old dilemma
could not be escaped: those that Of
rered the most profit offered the most
rssk- To buy on margins was further
hanger with promise of further profit.
Yet, after all, Bayard felt, to buy
outright, however wise. was tame.
Even If he doubled his money he
wouid have only eight thousand in
usace of his four. And eight thou
sand was no fortune.
The question of what stocks to bet
sn was a thrilling one. requiring a
song 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
If great reserve fund of securities.
Some years before, when President
Taft was inaugurated, every omen
1as fine. The weather bureau prom
ased fair weather. There was not q
ssint of storm anywhere upon the con-
eineEt. And then blizzard backed
In" from the ocean and played havoc
With tho thraags. So UPON the era of