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Sinclair, Upton, 1878-1968

"The Moneychangers"

"I asked Gary if he was
going to put it in, and he said 'Yes.' 'It will make another panic,'
I said, and he answered, 'Panics are news.'"
Montague said nothing for a minute or two. Finally he remarked, "I
have good reason to believe that the Trust Company of the Republic
is perfectly sound."
"I have no doubt of it," was the reply.
"Then why--" He stopped.
Bates shrugged his shoulders. "Ask Waterman," he said. "It's some
quarrel or other; he wants to put the screws on somebody. Perhaps
it's simply that two trust companies will scare the President more
than one; or perhaps it's some stock he wants to break. I've heard
it said that he has seventy-five millions laid by to pick up
bargains with; and I shouldn't wonder if it was true."
There was a moment's pause. "And by the way," Bates added, "the Oil
Trust has made another haul! The Electric Manufacturing Company is
in trouble--that's a rival of one of their enterprises! Doesn't it
all fit together beautifully?"
Montague thought for a moment or two. "This is rather important news
to me," he said; "I've got money in the Trust Company of the
Republic.


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