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His
partner
,
Mr.
Benoni
Stackpole
,
had
been
once
a
stage-driver
in
Arkansas
,
and
later
a
horse-trader
.
He
was
a
man
of
great
force
and
calculation
--
large
,
oleaginous
,
politic
,
and
courageous
.
Without
the
ultimate
brain
capacity
of
such
men
as
Arneel
,
Hand
,
and
Merrill
,
he
was
,
nevertheless
,
resourceful
and
able
.
He
had
started
somewhat
late
in
the
race
for
wealth
,
but
now
,
with
all
his
strength
,
he
was
endeavoring
to
bring
to
fruition
this
plan
which
,
with
the
aid
of
Hull
,
he
had
formulated
.
Inspired
by
the
thought
of
great
wealth
,
they
had
first
secured
control
of
the
stock
of
one
match
company
,
and
had
then
put
themselves
in
a
position
to
bargain
with
the
owners
of
others
.
The
patents
and
processes
controlled
by
one
company
and
another
had
been
combined
,
and
the
field
had
been
broadened
as
much
as
possible
.
But
to
do
all
this
a
great
deal
of
money
had
been
required
,
much
more
than
was
in
possession
of
either
Hull
or
Stackpole
.
Both
of
them
being
Western
men
,
they
looked
first
to
Western
capital
.
Hand
,
Schryhart
,
Arneel
,
and
Merrill
were
in
turn
appealed
to
,
and
great
blocks
of
the
new
stock
were
sold
to
them
at
inside
figures
.
By
the
means
thus
afforded
the
combination
proceeded
apace
.
Patents
for
exclusive
processes
were
taken
over
from
all
sides
,
and
the
idea
of
invading
Europe
and
eventually
controlling
the
market
of
the
world
had
its
inception
.
At
the
same
time
it
occurred
to
each
and
all
of
their
lordly
patrons
that
it
would
be
a
splendid
thing
if
the
stock
they
had
purchased
at
forty-five
,
and
which
was
now
selling
in
open
market
at
one
hundred
and
twenty
,
should
go
to
three
hundred
,
where
,
if
these
monopolistic
dreams
were
true
,
it
properly
belonged
.
A
little
more
of
this
stock
--
the
destiny
of
which
at
this
time
seemed
sure
and
splendid
--
would
not
be
amiss
.
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And
so
there
began
a
quiet
campaign
on
the
part
of
each
capitalist
to
gather
enough
of
it
to
realize
a
true
fortune
on
the
rise
.
A
game
of
this
kind
is
never
played
with
the
remainder
of
the
financial
community
entirely
unaware
of
what
is
on
foot
.
In
the
inner
circles
of
brokerage
life
rumors
were
soon
abroad
that
a
tremendous
boom
was
in
store
for
American
Match
.
Cowperwood
heard
of
it
through
Addison
,
always
at
the
center
of
financial
rumor
,
and
the
two
of
them
bought
heavily
,
though
not
so
heavily
but
that
they
could
clear
out
at
any
time
with
at
least
a
slight
margin
in
their
favor
.
During
a
period
of
eight
months
the
stock
slowly
moved
upward
,
finally
crossing
the
two-hundred
mark
and
reaching
two-twenty
,
at
which
figure
both
Addison
and
Cowperwood
sold
,
realizing
nearly
a
million
between
them
on
their
investment
.
In
the
mean
time
the
foreshadowed
political
storm
was
brewing
.
At
first
a
cloud
no
larger
than
a
man
's
hand
,
it
matured
swiftly
in
the
late
months
of
1895
,
and
by
the
spring
of
1896
it
had
become
portentous
and
was
ready
to
burst
.
With
the
climacteric
nomination
of
the
"
Apostle
of
Free
Silver
"
for
President
of
the
United
States
,
which
followed
in
July
,
a
chill
settled
down
over
the
conservative
and
financial
elements
of
the
country
.
What
Cowperwoodhad
wisely
proceeded
to
do
months
before
,
others
less
far-seeing
,
from
Maine
to
California
and
from
the
Gulf
to
Canada
,
began
to
do
now
.
Bank-deposits
were
in
part
withdrawn
;
feeble
or
uncertain
securities
were
thrown
upon
the
market
.
All
at
once
Schryhart
,
Arneel
,
Hand
,
and
Merrill
realized
that
they
were
in
more
or
less
of
a
trap
in
regard
to
their
large
holdings
in
American
Match
.
Having
gathered
vast
quantities
of
this
stock
,
which
had
been
issued
in
blocks
of
millions
,
it
was
now
necessary
to
sustain
the
market
or
sell
at
a
loss
.
Since
money
was
needed
by
many
holders
,
and
this
stock
was
selling
at
two-twenty
,
telegraphic
orders
began
to
pour
in
from
all
parts
of
the
country
to
sell
on
the
Chicago
Exchange
,
where
the
deal
was
being
engineered
and
where
the
market
obviously
existed
.
All
of
the
instigators
of
the
deal
conferred
,
and
decided
to
sustain
the
market
.
Messrs.
Hull
and
Stackpole
,
being
the
nominal
heads
of
the
trust
,
were
delegated
to
buy
,
they
in
turn
calling
on
the
principal
investors
to
take
their
share
,
pro
rata
.
Hand
,
Schryhart
,
Arneel
,
and
Merrill
,
weighted
with
this
inpouring
flood
of
stock
,
which
they
had
to
take
at
two-twenty
,
hurried
to
their
favorite
banks
,
hypothecating
vast
quantities
at
one-fifty
and
over
,
and
using
the
money
so
obtained
to
take
care
of
the
additional
shares
which
they
were
compelled
to
buy
.
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At
last
,
however
,
their
favorite
banks
were
full
to
overflowing
and
at
the
danger-point
.
They
could
take
no
more
.
"
No
,
no
,
no
!
"
Hand
declared
to
Phineas
Hull
over
the
'
phone
.
"
I
ca
n't
risk
another
dollar
in
this
venture
,
and
I
wo
n't
!
It
's
a
perfect
proposition
.
I
realize
all
its
merits
just
as
well
as
you
do
.
But
enough
is
enough
.
I
tell
you
a
financial
slump
is
coming
.
That
's
the
reason
all
this
stock
is
coming
out
now
.
I
am
willing
to
protect
my
interests
in
this
thing
up
to
a
certain
point
.
As
I
told
you
,
I
agree
not
to
throw
a
single
share
on
the
market
of
all
that
I
now
have
.
But
more
than
that
I
can
not
do
.
The
other
gentlemen
in
this
agreement
will
have
to
protect
themselves
as
best
they
can
.
I
have
other
things
to
look
out
for
that
are
just
as
important
to
me
,
and
more
so
,
than
American
Match
.
"