Финансист

Chapter LIX

           Hewouldgivethemorderstoselleverythingten,fifteen,twenty,thirtypointsoff,ifnecessary,inordertotraptheunwary,depressthemarket,frightenthefearsomewhowouldthinkhewastoodaring;andthenhewouldbuy,buy,buy,belowthesefiguresasmuchaspossible,inordertocoverhissalesandreapaprofit.

           Hisinstincttoldhimhowwidespreadandenduringthispanicwouldbe.TheNorthernPacificwasahundred-million-dollarventure.Itinvolvedthesavingsofhundredsofthousandsofpeoplesmallbankers,tradesmen,preachers,lawyers,doctors,widows,institutionsallovertheland,andallrestingonthefaithandsecurityofJayCooke.Once,notunliketheChicagofiremap,CowperwoodhadseenagrandprospectusandmapofthelocationoftheNorthernPacificland-grantwhichCookehadcontrolled,showingavaststretchorbeltofterritoryextendingfromDuluth—"TheZenithCityoftheUnsaltedSeas,"asProctorKnott,speakingintheHouseofRepresentatives,hadsarcasticallycalleditthroughtheRockiesandtheheadwatersoftheMissouritothePacificOcean.HehadseenhowCookehadostensiblymanagedtogetcontrolofthisgovernmentgrant,containingmillionsuponmillionsofacresandextendingfourteenhundredmilesinlength;butitwasonlyavisionofempire.Theremightbesilverandgoldandcopperminesthere.Thelandwasusablewouldsomedaybeusable.Butwhatofitnow?Itwoulddotofiretheimaginationsoffoolswithnothingmore.

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