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The Deluge. David Graham Phillips
confine my narrative to business and finance. Take a cross-section of life anywhere, and you have a tangled interweaving of the action and reaction of men upon men, of women upon women, of men and women upon one another. And this shall be a cross-section out of the very heart of our life to-day, with its big and bold energies and passions—the swiftest and intensest life ever lived by the human race.
To begin:
II. IN THOSE DAYS AROSE KINGS
Imagine yourself back two years and a half before Wild Week, back at the time when the kings of finance had just completed their apparently final conquest of the industries of the country, when they were seating themselves upon thrones encircled by vast armies of capital and brains, when all the governments of the nation—national, state and city—were prostrate under their iron heels.
You may remember that I was a not inconspicuous figure then. Of all their financial agents, I was the best-known, the most trusted by them, the most believed in by the people. I had a magnificent suite of offices in the building that dominates Wall and Broad Streets. Boston claimed me also, and Chicago; and in Philadelphia, New Orleans, St. Louis, San Francisco, in the towns and rural districts tributary to the cities, thousands spoke of Blacklock as their trusted adviser in matters of finance. My enemies—and I had them, numerous and venomous enough to prove me a man worth while—my enemies spoke of me as the “biggest bucket-shop gambler in the world.”
Gambler I was—like all the other manipulators of the markets. But “bucket-shop” I never kept. As the kings of finance were the representatives of the great merchants, manufacturers and investors, so was I the representative of the masses, of those who wished their small savings properly invested. The power of the big fellows was founded upon wealth and the brains wealth buys or bullies or seduces into its service; my power was founded upon the hearts and homes of the people, upon faith in my frank honesty.
How had I built up my power? By recognizing the possibilities of publicity, the chance which the broadcast sowing of newspapers and magazines put within the reach of the individual man to impress himself upon the whole country, upon the whole civilized world. The kings of finance relied upon the assiduity and dexterity of sundry paid agents, operating through the stealthy, clumsy, old-fashioned channels for the exercise of power. I relied only upon myself; I had to trust to no fallible, perhaps traitorous, understrappers; through the megaphone of the press I spoke directly to the people.
My enemies charge that I always have been unscrupulous and dishonest. So? Then how have I lived and thrived all these years in the glare and blare of publicity?
It is true, I have used the “methods of the charlatan” in bringing myself into wide public notice. The just way to put it would be that I have used for honest purposes the methods of publicity that charlatans have shrewdly appropriated, because by those means the public can be most widely and most quickly reached. Does good become evil because hypocrites use it as a cloak? It is also true that I have been “undignified.” Let the stupid cover their stupidity with “dignity.” Let the swindler hide his schemings under “dignity.” I am a man of the people, not afraid to be seen as the human being that I am. I laugh when I feel like it. I have no sense of jar when people call me “Matt.” I have a good time, and I shall stay young as long as I stay alive. Wealth hasn't made me a solemn ass, fenced in and unapproachable. The custom of receiving obedience and flattery and admiration has not made me a turkey-cock. Life is a joke; and when the joke's on me, I laugh as heartily as when it's on the other fellow.
It is half-past three o'clock on a May afternoon; a dismal, dreary rain is being whirled through the streets by as nasty a wind as ever blew out of the east. You are in the private office of that “king of kings,” Henry J. Roebuck, philanthropist, eminent churchman, leading citizen and—in business—as corrupt a creature as ever used the domino of respectability. That office is on the twelfth floor of the Power Trust Building—and the Power Trust is Roebuck, and Roebuck is the Power Trust. He is seated at his desk and, thinking I do not see him, is looking at me with an expression of benevolent and melancholy pity—the look with which he always regarded any one whom the Roebuck God Almighty had commanded Roebuck to destroy. He and his God were in constant communication; his God never did anything except for his benefit, he never did anything except on the direct counsel or command of his God. Just now his God is commanding him to destroy me, his confidential agent in shaping many a vast industrial enterprise and in inducing the public to buy by the million its bonds and stocks.
I invited the angry frown of the Roebuck God by saying: “And I bought in the Manasquale mines on my own account.”
“On your own account!” said Roebuck. Then he hastily effaced his involuntary air of the engineer startled by sight of an unexpected red light.
“Yes,” replied I, as calm as if I were not realizing the tremendous significance of what I had announced. “I look to you to let me participate on equal terms.”
That is, I had decided that the time had come for me to take my place among the kings of finance. I had decided to promote myself from agent to principal, from prime minister to king—I must, myself, promote myself, for in this world all promotion that is solid comes from within. And in furtherance of my object I had bought this group of mines, control of which was vital to the Roebuck-Langdon-Melville combine for a monopoly of the coal of the country.
“Did not Mr. Langdon commission you to buy them for him and his friends?” inquired Roebuck, in that slow, placid tone which yet, for the attentive ear, had a note in it like the scream of a jaguar that comes home and finds its cub gone.
“But I couldn't get them for him,” I explained. “The owners wouldn't sell until I engaged that the National Coal and Railway Company was not to have them.”
“Oh, I see,” said Roebuck, sinking back relieved. “We must get Browne to draw up some sort of perpetual, irrevocable power of attorney to us for you to sign.”
“But I won't sign it,” said I.
Roebuck took up a sheet of paper and began to fold it upon itself with great care to get the edges straight. He had grasped my meaning; he was deliberating.
“For four years now,” I went on, “you people have been promising to take me in as a principal in some one of your deals—to give me recognition by making me president, or chairman of an executive or finance committee. I am an impatient man, Mr. Roebuck. Life is short, and I have much to do. So I have bought the Manasquale mines—and I shall hold them.”
Roebuck continued to fold the paper upon itself until he had reduced it to a short, thick strip. This he slowly twisted between his cruel fingers until it was in two pieces. He dropped them, one at a time, into the waste-basket, then smiled benevolently at me. “You are right,” he said. “You shall have what you want. You have seemed such a mere boy to me that, in spite of your giving again and again proof of what you are, I have been putting you off. Then, too—” He halted, and his look was that of one surveying delicate ground.
“The bucket-shop?” suggested I.
“Exactly,” said he gratefully. “Your brokerage business has been invaluable to us. But—well, I needn't tell you how people—the men of standing—look on that sort of thing.”
“I never have paid any attention to pompous pretenses,” said I, “and I never shall. My brokerage business must go on, and my daily letters to investors. By advertising I rose; by advertising I am a power that even you recognize; by advertising alone can I keep that power.”
“You forget that in the new circumstances, you won't need that sort of power. Adapt yourself to your new surroundings. Overalls for the trench; a business suit for the office.”
“I shall keep to my overalls for the present,” said I. “They're more comfortable, and”—here I smiled significantly at him—“if I shed them,