The treasurer of a manufacturing concern had been dealing with us
on his own account for some months, always with profit to himself.
The day came when he was not so fortunate. The market was against
him and we called on him for additional margin. He asked for a few
days' time, and as we had every reason to suppose he was responsible
we granted it. Meantime, the market further declined, and when
he put in an appearance at our office his account was about three
thousand dollars short.

To our surprise he said he could not pay a dollar.

When asked where all the profits we had paid him had gone he replied:

"Wall Street."

The man died shortly after, and although he left an estate of
fifty thousand dollars, he also left a large family and we waived
our claim.




CHAPTER XIX

THE STREAM BROADENS



At the beginning of 1884 our business was increasing so rapidly