The Auction Block by Rex Ellingwood Beach
page 275 of 457 (60%)
page 275 of 457 (60%)
![]() | ![]() |
|
Hammon had bulked large in the steel world, and his position in circles of high finance had become prominent; but alive he could never have worked one-half the havoc caused by his sudden death. That persistent rumor of suicide argued, in the public mind, the existence of serious money troubles, and gave significance to the rumor that for some time past had disturbed the Street. Hammon's enemies summoned their forces for a crushing assault. In this emergency Bob's father found himself the real head of those vast enterprises in which he had been an associate, and until a late hour that night he was forced to remain in consultation with men who came and went with consternation written upon their faces. The amazing transformation which followed the birth of the giant Steel Trust had raised many men from well-to-do obscurity into prominence and undreamed-of wealth. Since then the older members of the original clique had withdrawn one by one from active affairs, and of the younger men only Wharton and Hammon had remained. Equally these two had figured in what was perhaps the most remarkable chapter of American financial history. Both had been vigorous, self-made, practical men. But the outcome had affected them quite differently. Riches had turned Jarvis Hammon's mind into new channels; they had opened strange pathways and projected him into a life foreign to his early teachings. His duties had kept him in New York, while Wharton's had held him in his old home. Hammon had become a great financier; Wharton had remained the practical operating expert, |
|