I find in relating those parts of my experience that seem to be of most significance I have neglected to tell of my mother's death, which occurred the year before we moved to Grant Avenue. She had clung the rest of her days to the house in which I had been born. Of late years she had lived in my children, and Maude's devotion to her had been unflagging. Truth compels me to say that she had long ceased to be a factor in my life. I have thought of her in later years.

Coincident with the unexpected feeling of fruitlessness that came to me with the Grant Avenue house, of things achieved but not realized or appreciated, was the appearance of a cloud on the business horizon; or rather on the political horizon, since it is hard to separate the two realms. There were signs, for those who could read, of a rising popular storm. During the earliest years of the new century the political atmosphere had changed, the public had shown a tendency to grow restless; and everybody knows how important it is for financial operations, for prosperity, that the people should mind their own business. In short, our commercial-romantic pilgrimage began to meet with unexpected resistance. It was as though the nation were entering into a senseless conspiracy to kill prosperity.

In the first place, in regard to the Presidency of the United States, a cog had unwittingly been slipped. It had always been recognized—as I have said—by responsible financial personages that the impulses of the majority of Americans could not be trusted, that these—who had inherited illusions of freedom—must be governed firmly yet with delicacy; unknown to them, their Presidents must be chosen for them, precisely as Mr. Watling had been chosen for the people of our state, and the popular enthusiasm manufactured later. There were informal meetings in New York, in Washington, where candidates were discussed; not that such and such a man was settled upon,—it was a process of elimination. Usually the affair had gone smoothly. For instance, a while before, a benevolent capitalist of the middle west, an intimate of Adolf Scherer, had become obsessed with the idea that a friend of his was the safest and sanest man for the head of the nation, had convinced his fellow-capitalists of this, whereupon he had gone ahead to spend his energy and his money freely to secure the nomination and election of this gentleman.

The Republican National Committee, the Republican National Convention were allowed to squabble to their hearts' content as to whether Smith, Jones or Brown should be nominated, but it was clearly understood that if Robinson or White were chosen there would be no corporation campaign funds. This applied also to the Democratic party, on the rare occasions when it seemed to have an opportunity of winning. Now, however, through an unpardonable blunder, there had got into the White House a President who was inclined to ignore advice, who appealed over the heads of the "advisers" to the populace; who went about tilting at the industrial structures we had so painfully wrought, and in frequent blasts of presidential messages enunciated new and heretical doctrines; who attacked the railroads, encouraged the brazen treason of labour unions, inspired an army of "muck-rakers" to fill the magazines with the wildest and most violent of language. State legislatures were emboldened to pass mischievous and restrictive laws, and much of my time began to be occupied in inducing, by various means, our courts to declare these unconstitutional. How we sighed for a business man or a lawyer in the White House! The country had gone mad, the stock-market trembled, the cry of "corporation control" resounded everywhere, and everywhere demagogues arose to inaugurate "reform campaigns," in an abortive attempt to "clean up politics." Down with the bosses, who were the tools of the corporations!

In our own city, which we fondly believed to be proof against the prevailing madness, a slight epidemic occurred; slight, yet momentarily alarming. Accidents will happen, even in the best regulated political organizations,—and accidents in these days appeared to be the rule. A certain Mr. Edgar Greenhalge, a middle-aged, mild-mannered and inoffensive man who had made a moderate fortune in wholesale drugs, was elected to the School Board. Later on some of us had reason to suspect that Perry Blackwood—with more astuteness than he had been given credit for—was responsible for Mr. Greenhalge's candidacy. At any rate, he was not a man to oppose, and in his previous life had given no hint that he might become a trouble maker. Nothing happened for several months. But one day on which I had occasion to interview Mr. Jason on a little matter of handing over to the Railroad a piece of land belonging to the city, which was known as Billings' Bowl, he inferred that Mr. Greenhaige might prove a disturber of that profound peace with which the city administration had for many years been blessed.

"Who the hell is he?" was Mr. Jason's question.

It appeared that Mr. G.'s private life had been investigated, with disappointingly barren results; he was, seemingly, an anomalistic being in our Nietzschean age, an unaggressive man; he had never sold any drugs to the city; he was not a church member; nor could it be learned that he had ever wandered into those byways of the town where Mr. Jason might easily have got trace of him: if he had any vices, he kept them locked up in a safe-deposit box that could not be "located." He was very genial, and had a way of conveying disturbing facts—when he wished to convey them—under cover of the most amusing stories. Mr. Jason was not a man to get panicky. Greenhalge could be handled all right, only—what was there in it for Greenhalge?—a nut difficult for Mr. Jason to crack. The two other members of the School Board were solid. Here again the wisest of men was proved to err, for Mr. Greenhalge turned out to have powers of persuasion; he made what in religious terms would have been called a conversion in the case of another member of the board, an hitherto staunch old reprobate by the name of Muller, an ex-saloon-keeper in comfortable circumstances to whom the idea of public office had appealed.

Mr. Greenhalge, having got wind of certain transactions that interested him extremely, brought them in his good-natured way to the knowledge of Mr. Gregory, the district attorney, suggesting that he investigate. Mr. Gregory smiled; undertook, as delicately as possible, to convey to Mr. Greenhalge the ways of the world, and of the political world in particular, wherein, it seemed, everyone was a good fellow. Mr. Greenhalge was evidently a good fellow, and didn't want to make trouble over little things. No, Mr. Greenhalge didn't want to make trouble; he appreciated a comfortable life as much as Mr. Gregory; he told the district attorney a funny story which might or might not have had an application to the affair, and took his leave with the remark that he had been happy to make Mr. Gregory's acquaintance. On his departure the district attorney's countenance changed. He severely rebuked a subordinate for some trivial mistake, and walked as rapidly as he could carry his considerable weight to Monahan's saloon…. One of the things Mr. Gregory had pointed out incidentally was that Mr. Greenhalge's evidence was vague, and that a grand jury wanted facts, which might be difficult to obtain. Mr. Greenhalge, thinking over the suggestion, sent for Krebs. In the course of a month or two the investigation was accomplished, Greenhalge went back to Gregory; who repeated his homilies, whereupon he was handed a hundred or so typewritten pages of evidence.

It was a dramatic moment.

Mr. Gregory resorted to pleading. He was sure that Mr. Greenhalge didn't want to be disagreeable, it was true and unfortunate that such things were so, but they would be amended: he promised all his influence to amend them. The public conscience, said Mr. Gregory, was being aroused. Now how much better for the party, for the reputation, the fair name of the city if these things could be corrected quietly, and nobody indicted or tried! Between sensible and humane men, wasn't that the obvious way? After the election, suit could be brought to recover the money. But Mr. Greenhalge appeared to be one of those hopeless individuals without a spark of party loyalty; he merely continued to smile, and to suggest that the district attorney prosecute. Mr. Gregory temporized, and presently left the city on a vacation. A day or two after his second visit to the district attorney's office Mr. Greenhalge had a call from the city auditor and the purchasing agent, who talked about their families,—which was very painful. It was also intimated to Mr. Greenhalge by others who accosted him that he was just the man for mayor. He smiled, and modestly belittled his qualifications….

Suddenly, one fine morning, a part of the evidence Krebs had gathered appeared in the columns of the Mail and State, a new and enterprising newspaper for which the growth and prosperity of our city were responsible; the sort of "revelations" that stirred to amazement and wrath innocent citizens of nearly every city in our country: politics and "graft" infesting our entire educational system, teachers and janitors levied upon, prices that took the breath away paid to favoured firms for supplies, specifications so worded that reasonable bids were barred. The respectable firm of Ellery and Knowles was involved. In spite of our horror, we were Americans and saw the humour of the situation, and laughed at the caricature in the Mail and State representing a scholar holding up a pencil and a legend under it, "No, it's not gold, but it ought to be."

Here I must enter into a little secret history. Any affair that threatened the integrity of Mr. Jason's organization was of serious moment to the gentlemen of the financial world who found that organization invaluable and who were also concerned about the fair name of their community; a conference in the Boyne Club decided that the city officials were being persecuted, and entitled therefore to "the very best of counsel,"—in this instance, Mr. Hugh Paret. It was also thought wise by Mr. Dickinson, Mr. Gorse, and Mr. Grierson, and by Mr. Paret himself that he should not appear in the matter; an aspiring young attorney, Mr. Arbuthnot, was retained to conduct the case in public. Thus capital came to the assistance of Mr. Jason, a fund was raised, and I was given carte blanche to defend the miserable city auditor and purchasing agent, both of whom elicited my sympathy; for they were stout men, and rapidly losing weight. Our first care was to create a delay in the trial of the case in order to give the public excitement a chance to die down. For the public is proverbially unable to fix its attention for long on one object, continually demanding the distraction that our newspapers make it their business to supply. Fortunately, a murder was committed in one of our suburbs, creating a mystery that filled the "extras" for some weeks, and this was opportunely followed by the embezzlement of a considerable sum by the cashier of one of our state banks. Public interest was divided between baseball and the tracking of this criminal to New Zealand.

Our resentment was directed, not so much against Commissioner Greenhalge as against Krebs. It is curious how keen is the instinct of men like Grierson, Dickinson, Tallant and Scherer for the really dangerous opponent. Who the deuce was this man Krebs? Well, I could supply them with some information: they doubtless recalled the Galligan, case; and Miller Gorse, who forgot nothing, also remembered his opposition in the legislature to House Bill 709. He had continued to be the obscure legal champion of "oppressed" labour, but how he had managed to keep body and soul together I knew not. I had encountered him occasionally in court corridors or on the street; he did not seem to change much; nor did he appear in our brief and perfunctory conversations to bear any resentment against me for the part I had taken in the Galligan affair. I avoided him when it was possible…. I had to admit that he had done a remarkably good piece of work in collecting Greenhalge's evidence, and how the, erring city officials were to be rescued became a matter of serious concern. Gregory, the district attorney, was in an abject funk; in any case a mediocre lawyer, after the indictment he was no help at all. I had to do all the work, and after we had selected the particular "Railroad" judge before whom the case was to be tried, I talked it over with him. His name was Notting, he understood perfectly what was required of him, and that he was for the moment the chief bulwark on which depended the logical interests of capital and sane government for their defence; also, his re-election was at stake. It was indicated to newspapers (such as the Mail and State) showing a desire to keep up public interest in the affair that their advertising matter might decrease; Mr. Sherrill's great department store, for instance, did not approve of this sort of agitation. Certain stationers, booksellers and other business men had got "cold feet," as Mr. Jason put it, the prospect of bankruptcy suddenly looming ahead of them,—since the Corn National Bank held certain paper….

In short, when the case did come to trial, it "blew up," as one of our ward leaders dynamically expressed it. Several important witnesses were mysteriously lacking, and two or three school-teachers had suddenly decided—to take a trip to Europe. The district attorney was ill, and assigned the prosecution to a mild assistant; while a sceptical jury—composed largely of gentlemen who had the business interests of the community, and of themselves, at heart returned a verdict of "not guilty." This was the signal for severely dignified editorials in Mr. Tallant's and other conservative newspapers, hinting that it might be well in the future for all well-meaning but misguided reformers to think twice before subjecting the city to the cost of such trials, and uselessly attempting to inflame public opinion and upset legitimate business. The Era expressed the opinion that no city in the United States was "more efficiently and economically governed than our own." "Irregularities" might well occur in every large organization; and it would better have become Mr. Greenhalge if, instead of hiring an unknown lawyer thirsting for notoriety to cook up charges, he had called the attention of the proper officials to the matter, etc., etc. The Pilot alone, which relied on sensation for its circulation, kept hammering away for a time with veiled accusations. But our citizens had become weary….

As a topic, however, this effective suppression of reform was referred to with some delicacy by my friends and myself. Our interference had been necessary and therefore justified, but we were not particularly proud of it, and our triumph had a temporarily sobering effect. It was about this time, if I remember correctly, that Mr. Dickinson gave the beautiful stained-glass window to the church….

Months passed. One day, having occasion to go over to the Boyne Iron Works to get information at first hand from certain officials, and having finished my business, I boarded a South Side electric car standing at the terminal. Just before it started Krebs came down the aisle of the car and took the seat in front of me.

"Well," I said, "how are you?" He turned in surprise, and thrust his big, bony hand across the back of the seat. "Come and sit here." He came. "Do you ever get back to Cambridge in these days?" I asked cordially.

"Not since I graduated from newspaper work in Boston. That's a good many years ago. By the way, our old landlady died this year."

"Do you mean—?" "Granite Face," I was about to say. I had forgotten her name, but that homesick scene when Tom and I stood before our open trunks, when Krebs had paid us a visit, came back to me. "You've kept in touch with her?" I asked, in surprise.

"Well," said Krebs, "she was one of the few friends I had at Cambridge. I had a letter from the daughter last week. She's done very well, and is an instructor in biology in one of the western universities."

I was silent a moment.

"And you,—you never married, did you?" I inquired, somewhat irrelevantly.

His semi-humorous gesture seemed to deny that such a luxury was for him. The conversation dragged a little; I began to feel the curiosity he invariably inspired. What was his life? What were his beliefs? And I was possessed by a certain militancy, a desire to "smoke him out." I did not stop to reflect that mine was in reality a defensive rather than an aggressive attitude.

"Do you live down here, in this part of the city?" I asked.

No, he boarded in Fowler Street. I knew it as in a district given over to the small houses of working-men.

"I suppose you are still a socialist."

"I suppose I am," he admitted, and added, "at any rate, that is as near as you can get to it."

"Isn't it fairly definite?"

"Fairly, if my notions are taken in general as the antithesis of what you fellows believe."

"The abolition of property, for instance."

"The abolition of too much property."

"What do you mean by 'too much'?"

"When it ceases to be real to a man, when it represents more than his need, when it drives him and he becomes a slave to it."

Involuntarily I thought of my new house,—not a soothing reflection.

"But who is going to decree how much property, a man should have?"

"Nobody—everybody. That will gradually tend to work itself out as we become more sensible and better educated, and understand more clearly what is good for us."

I retorted with the stock, common-sense phrase.

"If we had a division to-morrow, within a few years or so the most efficient would contrive to get the bulk of it back in their hands."

"That's so," he admitted. "But we're not going to have a division to-morrow."

"Thank God!" I exclaimed.

He regarded me.

"The 'efficient' will have to die or be educated first. That will take time."

"Educated!"

"Paret, have you ever read any serious books on what you call socialism?" he asked.

I threw out an impatient negative. I was going on to protest that I was not ignorant of the doctrine.

"Oh, what you call socialism is merely what you believe to be the more or less crude and utopian propaganda of an obscure political party. That isn't socialism. Nor is the anomalistic attempt that the Christian Socialists make to unite modern socialistic philosophy with Christian orthodoxy, socialism."

"What is socialism, then?" I demanded, somewhat defiantly.

"Let's call it education, science," he said smilingly, "economics and government based on human needs and a rational view of religion. It has been taught in German universities, and it will be taught in ours whenever we shall succeed in inducing your friends, by one means or another, not to continue endowing them. Socialism, in the proper sense, is merely the application of modern science to government."

I was puzzled and angry. What he said made sense somehow, but it sounded to me like so much gibberish.

"But Germany is a monarchy," I objected.

"It is a modern, scientific system with monarchy as its superstructure. It is anomalous, but frank. The monarchy is there for all men to see, and some day it will be done away with. We are supposedly a democracy, and our superstructure is plutocratic. Our people feel the burden, but they have not yet discovered what the burden is."

"And when they do?" I asked, a little defiantly.

"When they do," replied Krebs, "they will set about making the plutocrats happy. Now plutocrats are discontented, and never satisfied; the more they get, the more they want, the more they are troubled by what other people have."

I smiled in spite of myself.

"Your interest in—in plutocrats is charitable, then?"

"Why, yes," he said, "my interest in all kinds of people is charitable. However improbable it may seem, I have no reason to dislike or envy people who have more than they know what to do with." And the worst of it was he looked it. He managed somehow simply by sitting there with his strange eyes fixed upon me—in spite of his ridiculous philosophy—to belittle my ambitions, to make of small worth my achievements, to bring home to me the fact that in spite of these I was neither contented nor happy though he kept his humour and his poise, he implied an experience that was far deeper, more tragic and more significant than mine. I was goaded into making an injudicious remark.

"Well, your campaign against Ennerly and Jackson fell through, didn't it?" Ennerly and Jackson were the city officials who had been tried.

"It wasn't a campaign against them," he answered. "And considering the subordinate part I took in it, it could scarcely be called mine."

"Greenhalge turned to you to get the evidence."

"Well, I got it," he said.

"What became of it?"

"You ought to know."

"What do you mean?"

"Just what I say, Paret," he answered slowly. "You ought to know, if anyone knows."

I considered this a moment, more soberly. I thought I might have counted on my fingers the number of men cognizant of my connection with the case. I decided that he was guessing.

"I think you should explain that," I told him.

"The time may come, when you'll have to explain it."

"Is that a threat?" I demanded.

"A threat?" he repeated. "Not at all."

"But you are accusing me—"

"Of what?" he interrupted suddenly.

He had made it necessary for me to define the nature of his charges.

"Of having had some connection with the affair in question."

"Whatever else I may be, I'm not a fool," he said quietly. "Neither the district attorney's office, nor young Arbuthnot had brains enough to get them out of that scrape. Jason didn't have influence enough with the judiciary, and, as I happen to know, there was a good deal of money spent."

"You may be called upon to prove it," I retorted, rather hotly.

"So I may."

His tone, far from being defiant, had in it a note of sadness. I looked at him. What were his potentialities? Was it not just possible that I should have to revise my idea of him, acknowledge that he might become more formidable than I had thought?

There was an awkward silence.

"You mustn't imagine, Paret, that I have any personal animus against you, or against any of the men with whom you're associated," he went on, after a moment. "I'm sorry you're on that side, that's all,—I told you so once before. I'm not calling you names, I'm not talking about morality and immorality. Immorality, when you come down to it, is often just the opposition to progress that comes from blindness. I don't make the mistake of blaming a few individuals for the evils of modern industrial society, and on the other hand you mustn't blame individuals for the discomforts of what you call the reform movement, for that movement is merely a symptom—a symptom of a disease due to a change in the structure of society. We'll never have any happiness or real prosperity until we cure that disease. I was inclined to blame you once, at the capital that time, because it seemed to me that a man with all the advantages you have had and a mind like yours didn't have much excuse. But I've thought about it since; I realize now that I've had a good many more 'advantages' than you, and to tell you the truth, I don't see how you could have come out anywhere else than where you are,—all your surroundings and training were against it. That doesn't mean that you won't grasp the situation some day—I have an idea you will. It's just an idea. The man who ought to be condemned isn't the man that doesn't understand what's going on, but the man who comes to understand and persists in opposing it." He rose and looked down at me with the queer, disturbing smile I remembered. "I get off at this corner," he added, rather diffidently. "I hope you'll forgive me for being personal. I didn't mean to be, but you rather forced it on me."

"Oh, that's all right," I replied. The car stopped, and he hurried off. I watched his tall figure as it disappeared among the crowd on the sidewalk….

I returned to my office in one of those moods that are the more disagreeable because conflicting. To-day in particular I had been aroused by what Tom used to call Krebs's "crust," and as I sat at my desk warm waves of resentment went through me at the very notion of his telling me that my view was limited and that therefore my professional conduct was to be forgiven! It was he, the fanatic, who saw things in the larger scale! an assumption the more exasperating because at the moment he made it he almost convinced me that he did, and I was unable to achieve for him the measure of contempt I desired, for the incident, the measure of ridicule it deserved. My real animus was due to the fact that he had managed to shake my self-confidence, to take the flavour out of my achievements,—a flavour that was in the course of an hour to be completely restored by one of those interesting coincidences occasionally occurring in life. A young member of my staff entered with a telegram; I tore it open, and sat staring at it a moment before I realized that it brought to me the greatest honour of my career.

The Banker-Personality in New York had summoned me for consultation. To be recognized by him conferred indeed an ennoblement, the Star and Garter, so to speak, of the only great realm in America, that of high finance; and the yellow piece of paper I held in my hand instantly re-magnetized me, renewed my energy, and I hurried home to pack my bag in order to catch the seven o'clock train. I announced the news to Maude.

"I imagine it's because he knows I have made something of a study of the coal roads situation," I added.

"I'm glad, Hugh," she said. "I suppose it's a great compliment."

Never had her inadequacy to appreciate my career been more apparent! I looked at her curiously, to realize once more with peculiar sharpness how far we were apart; but now the resolutions I had made—and never carried out—on that first Christmas in the new home were lacking. Indeed, it was the futility of such resolutions that struck me at this moment. If her manner had been merely one of indifference, it would in a way have been easier to bear; she was simply incapable of grasping the significance of the event, the meaning to me of the years of unceasing, ambitious effort it crowned.

"Yes, it is something of a recognition," I replied. "Is there anything I can get for you in New York? I don't know how long I shall have to stay—I'll telegraph you when I'm getting back." I kissed her and hurried out to the automobile. As I drove off I saw her still standing in the doorway looking after me…. In the station I had a few minutes to telephone Nancy.

"If you don't see me for a few days it's because I've gone to New York,"
I informed her.

"Something important, I'm sure."

"How did you guess?" I demanded, and heard her laugh.

"Come back soon and tell me about it," she said, and I walked, exhilarated, to the train…. As I sped through the night, staring out of the window into the darkness, I reflected on the man I was going to see. But at that time, although he represented to me the quintessence of achievement and power, I did not by any means grasp the many sided significance of the phenomenon he presented, though I was keenly aware of his influence, and that men spoke of him with bated breath. Presidents came and went, kings and emperors had responsibilities and were subject daily to annoyances, but this man was a law unto himself. He did exactly what he chose, and compelled other men to do it. Wherever commerce reigned,—and where did it not?—he was king and head of its Holy Empire, Pope and Emperor at once. For he had his code of ethics, his religion, and those who rebelled, who failed to conform, he excommunicated; a code something like the map of Europe,—apparently inconsistent in places. What I did not then comprehend was that he was the American Principle personified, the supreme individual assertion of the conviction that government should remain modestly in the background while the efficient acquired the supremacy that was theirs by natural right; nor had I grasped at that time the crowning achievement of a unity that fused Christianity with those acquisitive dispositions said to be inherent in humanity. In him the Lion and the Lamb, the Eagle and the Dove dwelt together in amity and power.

New York, always a congenial place to gentlemen of vitality and means and influential connections, had never appeared to me more sparkling, more inspiring. Winter had relented, spring had not as yet begun. And as I sat in a corner of the dining-room of my hotel looking out on the sunlit avenue I was conscious of partaking of the vigour and confidence of the well-dressed, clear-eyed people who walked or drove past my window with the air of a conquering race. What else was there in the world more worth having than this conquering sense? Religion might offer charms to the weak. Yet here religion itself became sensible, and wore the garb of prosperity. The stonework of the tall church on the corner was all lace; and the very saints in their niches, who had known martyrdom and poverty, seemed to have renounced these as foolish, and to look down complacently on the procession of wealth and power.. Across the street, behind a sheet of glass, was a carrosserie where were displayed the shining yellow and black panels of a closed automobile, the cost of which would have built a farm-house and stocked a barn.

At eleven o'clock, the appointed hour, I was in Wall Street. Sending in my name, I was speedily ushered into a room containing a table, around which were several men; but my eyes were drawn at once to the figure of the great banker who sat, massive and preponderant, at one end, smoking a cigar, and listening in silence to the conversation I had interrupted. He rose courteously and gave me his hand, and a glance that is unforgettable.

"It is good of you to come, Mr. Paret," he said simply, as though his summons had not been a command. "Perhaps you know some of these gentlemen."

One of them was our United States Senator, Theodore Watling. He, as it turned out, had been summoned from Washington. Of course I saw him frequently, having from time to time to go to Washington on various errands connected with legislation. Though spruce and debonnair as ever, in the black morning coat he invariably wore, he appeared older than he had on the day when I had entered his office. He greeted me warmly, as always.

"Hugh, I'm glad to see you here," he said, with a slight emphasis on the last word. My legal career was reaching its logical climax, the climax he had foreseen. And he added, to the banker, that he had brought me up.

"Then he was trained in a good school," remarked that personage, affably.

Mr. Barbour, the president of our Railroad, was present, and nodded to me kindly; also a president of a smaller road. In addition, there were two New York attorneys of great prominence, whom I had met. The banker's own special lieutenant of the law, Mr. Clement T. Grolier, for whom I looked, was absent; but it was forthwith explained that he was offering, that morning, a resolution of some importance in the Convention of his Church, but that he would be present after lunch.

"I have asked you to come here, Mr. Paret," said the banker, "not only because I know something personally of your legal ability, but because I have been told by Mr. Scherer and Mr. Barbour that you happen to have considerable knowledge of the situation we are discussing, as well as some experience with cases involving that statute somewhat hazy to lay minds, the Sherman anti-trust law."

A smile went around the table. Mr. Watling winked at me; I nodded, but said nothing. The banker was not a man to listen to superfluous words. The keynote of his character was despatch….

The subject of the conference, like many questions bitterly debated and fought over in their time, has in the year I write these words come to be of merely academic interest. Indeed, the very situation we discussed that day has been cited in some of our modern text-books as a classic consequence of that archaic school of economics to which the name of Manchester is attached. Some half dozen or so of the railroads running through the anthracite coal region had pooled their interests,—an extremely profitable proceeding. The public paid. We deemed it quite logical that the public should pay—having been created largely for that purpose; and very naturally we resented the fact that the meddling Person who had got into the White House without asking anybody's leave,—who apparently did not believe in the infallibility of our legal Bible, the Constitution,—should maintain that the anthracite roads had formed a combination in restraint of trade, should lay down the preposterous doctrine—so subversive of the Rights of Man—that railroads should not own coal mines. Congress had passed a law to meet this contention, suit had been brought, and in the lower court the government had won.

As the day wore on our numbers increased, we were joined by other lawyers of renown, not the least of whom was Mr. Grolier himself, fresh from his triumph over religious heresy in his Church Convention. The note of the conference became tinged with exasperation, and certain gentlemen seized the opportunity to relieve their pent-up feelings on the subject of the President and his slavish advisers,—some of whom, before they came under the spell of his sorcery, had once been sound lawyers and sensible men. With the exception of the great Banker himself, who made few comments, Theodore Watling was accorded the most deference; as one of the leaders of that indomitable group of senators who had dared to stand up against popular clamour, his opinions were of great value, and his tactical advice was listened to with respect. I felt more pride than ever in my former chief, who had lost none of his charm. While in no way minimizing the seriousness of the situation, his wisdom was tempered, as always, with humour; he managed, as it were, to neutralize the acid injected into the atmosphere by other gentlemen present; he alone seemed to bear no animus against the Author of our troubles; suave and calm, good natured, he sometimes brought the company into roars of laughter and even succeeded in bringing occasional smiles to the face of the man who had summoned us—when relating some characteristic story of the queer genius whom the fates (undoubtedly as a practical joke) had made the chief magistrate of the United States of America. All geniuses have weaknesses; Mr. Wading had made a study of the President's, and more than once had lured him into an impasse. The case had been appealed to the Supreme Court, and Mr. Wading, with remarkable conciseness and penetration, reviewed the characteristics of each and every member of that tribunal, all of whom he knew intimately. They were, of course, not subject to "advice," as were some of the gentlemen who sat on our state courts; no sane and self-respecting American would presume to "approach" them. Nevertheless they were human, and it were wise to take account, in the conduct of the case, of the probable bias of each individual.

The President, overstepping his constitutional, Newtonian limits, might propose laws, Congress might acquiesce in them, but the Supreme Court, after listening to lawyers like Grolier (and he bowed to the attorney), made them: made them, he might have added, without responsibility to any man in our unique Republic that scorned kings and apotheosized lawyers. A Martian with a sense of humour witnessing a stormy session of Congress would have giggled at the thought of a few tranquil gentlemen in another room of the Capitol waiting to decide what the people's representatives meant—or whether they meant anything….

For the first time since I had known Theodore Watling, however, I saw him in the shadow of another individual; a man who, like a powerful magnet, continually drew our glances. When we spoke, we almost invariably addressed him, his rare words fell like bolts upon the consciousness. There was no apparent rift in that personality.

When, about five o'clock, the conference was ended and we were dismissed, United States Senator, railroad presidents, field-marshals of the law, the great banker fell into an eager conversation with Grolier over the Canon on Divorce, the subject of warm debate in the convention that day. Grolier, it appeared, had led his party against the theological liberals. He believed that law was static, but none knew better its plasticity; that it was infallible, but none so well as he could find a text on either side. His reputation was not of the popular, newspaper sort, but was known to connoisseurs, editors, financiers, statesmen and judges,—to those, in short, whose business it is to make themselves familiar with the instruments of power. He was the banker's chief legal adviser, the banker's rapier of tempered steel, sheathed from the vulgar view save when it flashed forth on a swift errand.

"I'm glad to be associated with you in this case, Mr. Paret," Mr. Grolier said modestly, as we emerged into the maelstrom of Wall Street. "If you can make it convenient to call at my office in the morning, we'll go over it a little. And I'll see you in a day or two in Washington, Watling. Keep your eye on the bull," he added, with a twinkle, "and don't let him break any more china than you can help. I don't know where we'd be if it weren't for you fellows."

By "you fellows," he meant Mr. Watling's distinguished associates in the
Senate….

Mr. Watling and I dined together at a New York club. It was not a dinner of herbs. There was something exceedingly comfortable about that club, where the art of catering to those who had earned the right to be catered to came as near perfection as human things attain. From the great, heavily curtained dining-room the noises of the city had been carefully excluded; the dust of the Avenue, the squalour and smells of the brown stone fronts and laddered tenements of those gloomy districts lying a pistol-shot east and west. We had a vintage champagne, and afterwards a cigar of the club's special importation.

"Well," said Mr. Watling, "mow that you're a member of the royal council, what do you think of the King?"

"I've been thinking a great deal about him," I said, and indeed it was true. He had made, perhaps, his greatest impression when I had shaken his hand in parting. The manner in which he had looked at me then had puzzled me; it was as though he were seeking to divine something in me that had escaped him. "Why doesn't the government take him over?" I exclaimed.

Mr. Watling smiled.

"You mean, instead of his mines and railroads and other properties?"

"Yes. But that's your idea. Don't you remember you said something of the kind the night of the election, years ago? It occurred to me to-day, when I was looking at him."

"Yes," he agreed thoughtfully, "if some American genius could find a way to legalize that power and utilize the men who created it the worst of our problems would be solved. A man with his ability has a right to power, and none would respond more quickly or more splendidly to a call of the government than he. All this fight is waste, Hugh, damned waste of the nation's energy." Mr. Watling seldom swore. "Look at the President! There's a man of remarkable ability, too. And those two oughtn't to be fighting each other. The President's right, in a way. Yes, he is, though I've got to oppose him."

I smiled at this from Theodore Watling, though I admired him the more for it. And suddenly, oddly, I happened to remember what Krebs had said, that our troubles were not due to individuals, but to a disease that had developed in industrial society. If the day should come when such men as the President and the great banker would be working together, was it not possible, too, that the idea of Mr. Watling and the vision of Krebs might coincide? I was struck by a certain seeming similarity in their views; but Mr. Watling interrupted this train of thought by continuing to express his own.

"Well,—they're running right into a gale when they might be sailing with it," he said.

"You think we'll have more trouble?" I asked.

"More and more," he replied. "It'll be worse before it's better I'm afraid." At this moment a club servant announced his cab, and he rose. "Well, good-bye, my son," he said. "I'll hope to see you in Washington soon. And remember there's no one thinks any more of you than I do."

I escorted him to the door, and it was with a real pang I saw him wave to me from his cab as he drove away. My affection for him was never more alive than in this hour when, for the first time in my experience, he had given real evidence of an inner anxiety and lack of confidence in the future.