WEBVTT

NOTE XV. The Heights

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Chapter 15. The Heights.

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1. Then, with one swift intention, the sun broke through, and there were the heights,

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directly in front of him. The rest of the way was enchanted. All its difficulties were

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illusions. They vanished as he approached. His Wall Street enemies were scattered in

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the night. It was as he had said. They had been unable to destroy him, and they did not

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and started early the next day.

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Those who had deserted him returned with gestures of humility, begging to be chastised and forgiven.

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The vanquished sat patiently in his outer office, bearing tokens of amity and proposals

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of alliance.

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For he was Galt, the one, unique and indestructible.

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He treated the spectacle as it deserved, cynically, with a saving salt of humor.

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They make their beds fast, he said.

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Among the first to come was one of Bullgard's partners, a peasant-minded, ingratiating person whose use to Bullgard was his ability to face the devil smirk for smirk.

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His errand was to say that Bullgard and company would entertain any reasonable offer for the purchase of their minority interest in Orient and Pacific shares,

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and, if they could be of service to Mr. Galt at any time, why, etc., he had only to oblige them by letting them know how.

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Galt was cool as to the services, etc., but he made an offer for the minority Orient and Pacific shares, which was accepted a few hours later.

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That was Bullgard's way of declaring war at an end. It was the grand salute.

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Horace Potter was the only man who never came back.

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He could not sneak back, and there was no other way. They had mortally wounded each other's pride.

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2. Meanwhile, Congress, like the old woman of the storybook, heavy-footed, slow to be amazed, always late, but never, never, heard of Galt, became much alarmed, and solemnly resolved to investigate him.

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He was summoned to appear before a committee of the House with all his papers and books.

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The committee felt incompetent to conduct the examination.

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Finance is a language politicians must not know.

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It is not the language of the people.

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So it engaged counsel, a notorious lawyer named Samuel Goldfuss.

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He was a man who knew all the dim and secret pathways of the law and charged Wall Street

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Clients enormous fees for leading them past the spirit to the letter.

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He charged them more when he caught them alone in the dark or lost in the hands of a bungling

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guide, for then he could threaten to expose them to the light if they declined to accept

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his saving services at his own price.

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Having got very rich by this profession, he put his money beyond reach of the predacious

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and became public-spirited, or pretended to have done so, and proceeded to sell out Satan

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to the righteous.

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It became his evocation to plead the cause of people against mammon, and where or when

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so ever a malefactor of great wealth was hailed to court or brought to appear before a committee

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of Congress, Goldfuss thrust himself in to act as prosecuting attorney, with or without

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fees, and his name was dread to any such, for he knew their devious ways and all the

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wickedness that had ever been practiced in or about the stock exchange.

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His motives were never quite understood.

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Some said he attended to Satan's business still, never sold him out completely, but put

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the hounds on the wrong scent by some subtle turn at the end.

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Others said his motive was to terrorize the great malefactors so that when they were in

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And this sinister embodiment of public opinion was the man whom Galt was to face, who had

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never before faced public opinion in any manner at all.

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It was likely to be a stiff ordeal.

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Council warned him accordingly.

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I've got a straight story to tell, he said.

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I don't need any help.

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However, they insisted on standing by.

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We arrived in Washington one hot August morning, left all our eminent council in their favorite hotel,

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and went empty-handed to the capital, where neither of us had been before.

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We wandered about for half an hour trying to find the place where the committee sat.

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It was a special committee, with no room of its own.

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We were directed at last to the Rivers and Harbors Committee Room.

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It was full of smoke, electric fans and men in attitudes of waiting.

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Six, looking very significant, sat around a long table covered with green cloth.

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Others, to the number of 30 or 40, sat on chairs against the walls.

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At a smaller table were the reporters, with reams of paper in front of them.

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Is this the committee that wants to see Henry M. Galt? he asked, standing on the threshold.

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It is, said the man at the head of the table. He was the chairman. He sat with one leg over

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the arm of his chair, his back to the door, and did not turn or so much as move a hair.

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He spoke in that loud, disembodied voice which makes the people's business seem so impressive

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to the multitude, and glared at us through the back of his head.

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I am that person, said Galt. You have delayed us a quarter of an hour, said the chairman,

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A chair was placed for him at the opposite end of the table.

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There was no place for me, so I stood a little aside.

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Goldfuss, whom I had never seen and had not yet identified, sat beside the chairman.

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They had their heads together, whispering.

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The chairman spoke.

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The question is raised as to whether witness may be permitted to appear with counsel.

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It is decided in the negative.

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Council will be excused.

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Nothing happened.

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Council will be excused, said the chairman again.

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Still, nothing happened.

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If you are talking at me, said Galt, I have no council.

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I didn't bring any.

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That is, I left them at the hotel.

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Who is the gentleman with you, the chairman asked.

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Oh, said Galt, looking at me.

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That's all right.

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He's my secretary.

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He doesn't know any more law than I do.

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There was a formal pause.

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The official stenographer leaned toward Galt speaking quietly and took his name, age, address

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and occupation.

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The chairman said, Proceed.

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Goldfuss poised himself for theatrical effect.

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He was a small, body-conscious man with a coarse, loose skin, very close-shaven, powdered,

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So this is the great Galt, he said sardonically, slowly bobbing his head.

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And you, said Galt, are the Samuel Goldfuss who once tried to blackmail me for a million

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dollars.

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Oh, famous beginning!

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The crowd was tense with delight.

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Goldfuss, looking aggrieved and disgusted, turned to the chairman, saying,

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Will the committee admonish the witness?

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The chairman took his leg down, carefully relighted a people's cigar, and said,

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Strike that off the record.

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I will inform the witness that this is a committee of congress, with power to punish contumacious

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and disrespectful conduct.

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The witness is warned to answer questions without any irrelevant remarks of his own.

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I beg your pardon, said Galt. What was the question?

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The official stenographer read from his notes. So this is the great Galt.

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That ain't a question, said Galt.

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The round was his. The audience tittered.

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The chairman put his leg back and glared wearily into space.

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I withdraw it, said Goldfuss.

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Start the record new from here.

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Mr. Galt, you were directed to produce before this committee all your books and papers.

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Have you brought them?

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No.

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No?

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Why not, please?

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They would fill this whole room, said Galt.

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Mr. Goldfuss started again.

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Your occupation, Mr. Galt?

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You said it was what?

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Farmer, said Galt.

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Yes?

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What do you farm?

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of the country, said Galt.

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Do you consider that a nice expression?

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Nicest I know, depending on how you take it, said Galt.

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Well now, tell this committee, please, how you farm the country, using your own expression.

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I fertilize it, said Galt.

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I sow and reap, improve the soil, and keep adding new machinery and buildings.

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What do you fertilize it with, Mr. Galt?

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Money.

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What do you sow, Mr. Galt?

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for Money, and what do you reap, profit, a great deal of that, plenty, said Galt, and

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what do you do with the profit, Mr. Galt, so it again, a lovely parable, Mr. Galt, is

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it not true, however, that you are also a speculator, yes, that's true, said Galt, to

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put it plainly, is it not true that you are a gambler, that's part of my trade, said

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said Galt, Every farmer is a gambler. He gambles in weather, worms, bugs, acts of congress,

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and the price of his produce. You gamble in securities, Mr. Galt? Yes. In the securities

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of the railroad properties you control? Heavily, said Galt. If, for example, you are going

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to increase the dividend on great Midwestern stock, you first go into the market and buy

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Buy it for a rise.

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Buy it before either the public or the other stockholders know that you are going to increase

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the dividend.

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That's the case, said Galt.

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As a matter of fact, you did some time ago increase the dividend on Great Midwestern

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from 4 to 8 percent, and the stock had a big rise for that reason.

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Tell this committee, please, when and how and at what prices you bought the stock in

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anticipation of that event.

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In anticipation of that 8 percent dividend, said Galt reminiscently, I began to buy great

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Midwestern stock, let me see, nine years ago, at $10 a share.

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It went down, and I bought it at $5 a share, at $2, at $1.50.

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The road went into the hands of a receiver, and I stuck to it.

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I bought it all the way up again, at $15 a share, at $50, at $150, and I'm buying still.

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Goldfuss was bored. He seemed to be saying to the audience, well, so much for fun, now we get down to the hard stuff.

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He took time to think, stirred about in his papers and produced a certain document.

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Mr. Galt, I show you a certified list of the investments of the Security Life Insurance Company.

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You are a director of that institution, are you not? Yes.

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Yes. You used some of your farming profits to buy a large interest in the security life

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insurance company? Yes. You are chairman of its finance committee? Yes. In fact, Mr. Galt,

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you control the investments of the security life. You recommend what securities the policy

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holder's money shall be invested in, and your suggestions are acted upon. Is that true?

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Now, Mr. Galt, look at this certified statement, please. The investments amount to more than 400 millions. I call your attention to the fact that nearly one quarter of that enormous total consists of what are known as Galt Securities, that is, the stocks and bonds of the railroad companies controlled by Henry M. Galt. Is that correct? Substantially, said Galt.

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Did you, as chairman of the Finance Committee of the Security Life, recommend the purchase of those securities?

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Yes.

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And at the same time, as head of the Great Midwestern Railway System, you were interested in selling those securities, were you not?

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We need a great deal of capital, said Galt. We are selling new securities all the time. We sell all we can and wish we could sell more.

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There is always more work to do than we can find the money for.

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So, Mr. Galt, it comes to this.

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As head of a great railroad system, you create securities which you are anxious to sell.

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In that role, you are a seller.

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Then, as chairman of the finance committee for the security life insurance company, acting

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as trustee for the policyholders, you are a buyer of securities.

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In that position of trust, with power to say how the policyholders' money shall be invested,

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You recommend the purchase of securities in which you are interested as a seller.

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Is that true?

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I don't like the way you put it, but let it stand, said Galt.

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How can you justify that, Mr. Galt?

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Is it right, do you think, that a trustee should buy with one hand what he sells with

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the other?

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Galt leaned over, beating the table slowly with his fist.

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I justify it this way, he said.

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I know all about the securities of the Great Midwestern.

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I don't know of anything better for the security life to put its money into.

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If you can tell me of anything better, I will advise the Finance Committee at its next meeting

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to sell all of its Great Midwestern stuff and buy that, whatever it is.

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I'll do more.

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If you can tell me of anything better, I will sell all of my own Great Midwestern stocks

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and bonds and buy that instead.

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I have my own money in Great Midwestern. There's another galt you left out. As head

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of a great railway system, I am a seller of securities to investors all over the world.

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That is how we find the capital to build our things. But as an individual, I am a buyer

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of those same securities. I sell to everybody with one hand and buy for myself all that

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I can with the other hand. Do you see the point? I buy them because I know what they

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Goldfuss had meant to go from the security life to each of the other financial institutions

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controlled by Galt, meaning to show how he had been unloading Galt's securities upon

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them.

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But what was the use?

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What could he do with an answer like that?

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He passed instead to the Orient and Pacific Matter.

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Galt admitted that he had used the power of majority stockholder to make the property

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subservient to the Great Midwestern, because that was the efficient thing to do.

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And that, you think, is a fair way to treat minority stockholders?

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Goldfuss asked.

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We were willing at any time to buy them out at the market price, said Galt.

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However, that's now an academic matter.

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The Great Midwestern has acquired all that minority interest in Orient and Pacific.

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This was news.

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There was a stir at the reporter's table.

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Several rose and went out to telegraph Galt's statement to Wall Street, where nobody yet

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knew how Bullgard and company had made peace with him.

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So they went from one thing to another.

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They came to that notorious land transaction, on account of which he had been sued.

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We needed that land for an important piece of railroad development, said Galt.

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Some land traders got wind of our plans, formed a syndicate, bought up all the ground around,

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and then tried to make us buy it through the nose.

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We simply sat tight until they went broke.

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Then we took it off their hands.

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There was more than the Great Midwestern needed because they were hogs.

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The Great Midwestern took what it wanted, and I took the rest.

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The directors knew all about it.

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And it was very profitable to you personally, this outcome.

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Incidentally, it was, said Galt.

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Somebody would get it.

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It fell into my hands.

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What would you have done?

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Strike that off the record.

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00:17:37.120 --> 00:17:39.920
What would you have done? said Goldfuss.

225
00:17:39.920 --> 00:17:43.020
Council is not being examined.

226
00:17:43.020 --> 00:17:45.680
After lunch, he took a new line.

227
00:17:45.680 --> 00:17:48.360
Mr. Galt, he asked, what are you worth?

228
00:17:48.360 --> 00:17:50.320
I don't know, said Galt.

229
00:17:50.320 --> 00:17:52.800
You don't know how rich you are?

230
00:17:52.800 --> 00:17:53.800
No.

231
00:17:53.800 --> 00:17:57.800
Goldfuss lay back in his chair with an exaggerated air of astonishment.

232
00:17:57.800 --> 00:18:02.800
But you will admit you are very rich, he said, having recovered slowly.

233
00:18:02.800 --> 00:18:05.800
Yes, said Galt, I suppose I am.

234
00:18:05.800 --> 00:18:10.800
Well, as briefly as possible, will you tell this committee how you made it?

235
00:18:10.800 --> 00:18:14.800
Now you've asked me something, said Galt, leaning forward again.

236
00:18:14.800 --> 00:18:18.800
I'll tell you, I made it buying things nobody else wanted.

237
00:18:18.800 --> 00:18:24.760
I bought Great Midwestern when it was bankrupt and people thought no railroad was worth its

238
00:18:24.760 --> 00:18:26.760
weight as junk.

239
00:18:26.760 --> 00:18:31.320
When I took charge of the property I bought equipment when it was cheap because nobody

240
00:18:31.320 --> 00:18:37.140
else wanted it and the equipment makers were hungry and rails and ties and materials and

241
00:18:37.140 --> 00:18:41.960
labor to improve the road with until everybody thought I was crazy.

242
00:18:41.960 --> 00:18:45.160
When the business came we had a railroad to handle it.

243
00:18:45.160 --> 00:18:48.840
I've done that same thing with every property I have taken up.

244
00:18:48.840 --> 00:18:52.720
No railroad I've ever touched has depreciated in value.

245
00:18:52.720 --> 00:18:54.640
I'm doing it still.

246
00:18:54.640 --> 00:19:00.100
You may know there has been an upset in Wall Street recently, a panic, in fact.

247
00:19:00.100 --> 00:19:04.560
Everybody is uneasy and business is worried because a financial disturbance has always

248
00:19:04.560 --> 00:19:07.520
been followed by a commercial depression.

249
00:19:07.520 --> 00:19:11.020
There are signs of that already, but we'll stop it.

250
00:19:11.020 --> 00:19:17.340
In the next 12 months, the great Midwestern properties will spend $500 million for double

251
00:19:17.340 --> 00:19:23.140
tracking, grade reductions, new equipment, and larger terminals.

252
00:19:23.140 --> 00:19:24.540
This was news.

253
00:19:24.540 --> 00:19:29.640
Again, there was a stir at the reporter's table, as several rose to go out and flash

254
00:19:29.640 --> 00:19:32.140
Galt's statement to Wall Street.

255
00:19:32.140 --> 00:19:38.660
Mr. Galt, said Goldfuss, do you realize what it means for one man to say he will spend

256
00:19:38.660 --> 00:19:44.380
and 500 millions in a year? That is half the national debt.

257
00:19:44.380 --> 00:19:50.060
I know exactly what it means, said Galt. It means for once a Wall Street panic won't

258
00:19:50.060 --> 00:19:55.980
be followed by unemployment and industrial depression. Our orders for materials and labor

259
00:19:55.980 --> 00:20:02.300
now going out will start everything up again at full speed. Others will act on our example.

260
00:20:02.300 --> 00:20:04.180
You'll see.

261
00:20:04.180 --> 00:20:09.260
You will draw upon the financial institutions you control, the security life and others,

262
00:20:09.260 --> 00:20:12.720
for a good deal of that money, the 500 millions?

263
00:20:12.720 --> 00:20:17.940
You get the idea, said Galt, that's what financial institutions are for, there's no better use

264
00:20:17.940 --> 00:20:19.880
for their money.

265
00:20:19.880 --> 00:20:22.180
You have great power, Mr. Galt.

266
00:20:22.180 --> 00:20:24.100
Some, he said.

267
00:20:24.100 --> 00:20:28.820
If it goes on increasing at this rate, you will soon be the economic dictator of the

268
00:20:28.820 --> 00:20:29.980
country.

269
00:20:29.980 --> 00:20:30.980
No answer.

270
00:20:30.980 --> 00:20:34.980
I say you will be the economic dictator of the whole country.

271
00:20:34.980 --> 00:20:38.980
I heard you say it, said Galt. It ain't a question.

272
00:20:38.980 --> 00:20:42.980
But do you think it desirable that one man should have so much power,

273
00:20:42.980 --> 00:20:45.980
that one man should run the country?

274
00:20:45.980 --> 00:20:50.980
Somebody ought to run it, said Galt. Is it your ambition to run it?

275
00:20:50.980 --> 00:20:54.980
It is my idea, said Galt, that the financial institutions of the country,

276
00:20:54.980 --> 00:20:57.980
I mean the insurance companies and the banks,

277
00:20:57.980 --> 00:20:58.980
and Economics.

278
00:20:58.980 --> 00:21:03.820
Instead of lending themselves out of funds in times of high prosperity, ought then to

279
00:21:03.820 --> 00:21:09.280
build up great reserves of capital to be loaned out in hard times.

280
00:21:09.280 --> 00:21:14.480
That would keep people from going crazy with prosperity at one time and committing suicide

281
00:21:14.480 --> 00:21:16.080
at another time.

282
00:21:16.080 --> 00:21:18.720
But they won't do it by themselves.

283
00:21:18.720 --> 00:21:20.780
Somebody has to see to it.

284
00:21:20.780 --> 00:21:26.660
Somebody who knows not only how not to spend money when everybody is wild to buy, but how

285
00:21:26.660 --> 00:21:32.620
How to spend it courageously when there is a surplus of things that nobody else wants.

286
00:21:32.620 --> 00:21:38.340
Every financial institution that I have anything to do with will be governed by that idea,

287
00:21:38.340 --> 00:21:43.580
and the great Midwestern properties, while I run them, will decrease their capital expenditures

288
00:21:43.580 --> 00:21:48.440
as prices rise and increase them as prices fall.

289
00:21:48.440 --> 00:21:53.380
When we show them the whole trick and how it pays, everybody will do it.

290
00:21:53.380 --> 00:21:56.740
We won't have any more depressions and coxies armies.

291
00:21:56.740 --> 00:21:59.140
We won't have any more unemployment.

292
00:21:59.140 --> 00:22:04.100
In a country like this, unemployment is economic lunacy.

293
00:22:04.100 --> 00:22:06.820
The hearing continued for three days.

294
00:22:06.820 --> 00:22:11.380
The newspapers printed almost nothing else on their first three pages.

295
00:22:11.380 --> 00:22:15.820
Galt's testimony produced everywhere a monumental effect.

296
00:22:15.820 --> 00:22:18.800
Public opinion went over by a somersault.

297
00:22:18.800 --> 00:22:20.060
He denied nothing.

298
00:22:20.060 --> 00:22:21.600
He admitted everything.

299
00:22:21.600 --> 00:22:31.680
Mr. Galt said Goldfuss, rising, That will be all. You are the most remarkable witness

300
00:22:31.680 --> 00:22:36.840
I have ever examined. They shook hands all around.

301
00:22:36.840 --> 00:22:38.960
3.

302
00:22:38.960 --> 00:22:44.500
As we were going down the capital steps, Galt stumbled and clutched my arm. The sustaining

303
00:22:44.500 --> 00:22:50.600
excitement was at an end, and the reaction was sudden. Solitude made him peevish. He

304
00:22:50.600 --> 00:22:56.000
He insisted irritably as we went on walking, though it was above his strength.

305
00:22:56.000 --> 00:23:01.400
When we were halfway back to the hotel, a mile yet to go, he stopped and said,

306
00:23:01.400 --> 00:23:06.200
You're right, Coxie. Ain't it hot? Let's call a cab.

307
00:23:06.200 --> 00:23:13.280
He wouldn't rest. A strange uneasiness was upon him. We took the next train for New York.

308
00:23:13.280 --> 00:23:19.080
I want to go to Moonstuhl, he said. The idea seized him after we were aboard the train.

309
00:23:19.080 --> 00:23:25.480
Fine. Let's take a holiday tomorrow and go all over it, I said. Now. I want to go there now, he said.

310
00:23:26.200 --> 00:23:32.760
Directly there and not go home? That's home, ain't it, he said, becoming irritable. Let's go straight there.

311
00:23:33.960 --> 00:23:35.560
He had a fixation upon it.

312
00:23:36.680 --> 00:23:42.440
From Baltimore, I got off an urgent telegram to Mrs. Galt, telling her Galt was very tired

313
00:23:42.440 --> 00:23:48.280
and insisted on going directly to the country place. Could she meet us at Newark with a motorcar?

314
00:23:48.280 --> 00:23:54.280
that would be the easiest way. Automobiles were just then coming into general use.

315
00:23:55.080 --> 00:24:01.240
Galt, with his ardent interest in all means of mechanical locomotion, was enthusiastic about them.

316
00:24:01.240 --> 00:24:06.040
The family had four, besides Natalie's, which was her own. She drove it herself.

317
00:24:07.400 --> 00:24:13.320
Mrs. Galt met us at Newark. Galt greeted her with no sign of surprise. He could not have been

318
00:24:43.320 --> 00:24:49.320
The night when we arrived at Moonstuhl and stopped in front of the iron gates, they were closed and locked.

319
00:24:49.320 --> 00:24:53.320
And there was Natalie, who had been sent ahead to announce our coming.

320
00:24:53.320 --> 00:25:00.320
She drove out alone, got lost on the way, and had not yet succeeded in raising anybody when we came up.

321
00:25:00.320 --> 00:25:06.320
The place was dark, except for red lanterns here and there on piles of construction material.

322
00:25:06.320 --> 00:25:14.320
The outside watchmen were shirking duty, and those inside, if not doing likewise, were beyond hearing.

323
00:25:14.320 --> 00:25:21.320
Nearby was the railroad station of Galt, a black little pile with not a light anywhere.

324
00:25:21.320 --> 00:25:23.320
It had not yet been opened for use.

325
00:25:23.320 --> 00:25:28.320
We could hear the water spilling over the private Galt dam in the river.

326
00:25:28.320 --> 00:25:32.320
There was enough electricity in the Galt powerhouse to illuminate a town.

327
00:25:32.320 --> 00:25:40.320
On the mountaintop, half a mile distant, the Galt Castle stood in massive silhouette against the starry sky.

328
00:25:40.320 --> 00:25:46.320
And here was Galt, in the dark, an unwelcome nighttime stranger, forbidden at the gate.

329
00:25:46.320 --> 00:25:50.320
He was still asleep. We were careful not to wake him.

330
00:25:50.320 --> 00:25:56.320
A watchman with a bullseye lantern and a billy-stick exuded from the darkness.

331
00:25:56.320 --> 00:26:02.320
What do you want? We wanted to go in. You can't go in, he said. Can't you see it's private?

332
00:26:02.320 --> 00:26:08.560
Nobody lives there. It is very difficult to account for the improbable on the plane of a

333
00:26:08.560 --> 00:26:15.440
night watchman's intelligence. First, he stolidly disbelieved us. Then he took refuge in limited

334
00:26:15.440 --> 00:26:21.360
responsibility. My orders is to let nobody in, he said. Do you know anybody around here?

335
00:26:21.360 --> 00:26:28.000
It seemed quite possible that no human being around here would know us.

336
00:26:28.000 --> 00:26:32.560
By an inspiration, Natalie remembered the superintendent of construction.

337
00:26:32.560 --> 00:26:34.280
He lived not far away.

338
00:26:34.280 --> 00:26:36.080
She knew where.

339
00:26:36.080 --> 00:26:40.960
Once when she was spending a day on the job, he had taken her home with him to lunch.

340
00:26:40.960 --> 00:26:44.520
It was not more than ten minutes' drive, she said.

341
00:26:44.520 --> 00:26:46.360
It was further than she thought.

342
00:26:46.360 --> 00:26:50.920
We were more than three-quarters of an hour returning with the superintendent.

343
00:26:50.920 --> 00:26:55.260
It took twenty minutes more to wake the crew at the powerhouse and get the electricity

344
00:26:55.260 --> 00:26:56.900
turned on.

345
00:26:56.900 --> 00:27:02.640
Then we drove slowly up the main concrete road, now lighted on each side by clusters

346
00:27:02.640 --> 00:27:08.400
of three ground-glass globes in fluted columns fifty feet apart.

347
00:27:08.400 --> 00:27:13.880
Although it was finished, the road was still cluttered with heaps of sand and debris.

348
00:27:13.880 --> 00:27:20.780
Galt, all this time, was fast asleep, his head resting on Mrs. Galt's shoulder.

349
00:27:20.780 --> 00:27:23.500
We could scarcely wake him when we tried.

350
00:27:23.500 --> 00:27:26.060
He seemed drunk with weariness.

351
00:27:26.060 --> 00:27:31.500
As we helped him out, he opened his eyes once and startled us by saying to the superintendent,

352
00:27:31.500 --> 00:27:37.980
Fire that watchman down below, as if he had been conscious of everything that happened.

353
00:27:37.980 --> 00:27:41.840
His eyes closed again, he tottered, and we caught him.

354
00:27:41.840 --> 00:27:47.420
The superintendent supported him on one side, I on the other, and so he entered, dragging

355
00:27:47.420 --> 00:27:49.660
his feet.

356
00:27:49.660 --> 00:27:52.780
Natalie knew more about the house than anyone else.

357
00:27:52.780 --> 00:27:57.180
She led the way to the apartment that was Galt's and then left us to place the servants

358
00:27:57.180 --> 00:27:59.460
and show them their way around.

359
00:27:59.460 --> 00:28:03.020
I helped Mrs. Galt undress him and get him to bed.

360
00:28:03.020 --> 00:28:07.260
I was amazed to see how thin and shrunken his body was.

361
00:28:07.260 --> 00:28:10.460
He was inert, like a child asleep.

362
00:28:10.460 --> 00:28:14.100
Mrs. Galt, very pale, was strong and deft.

363
00:28:14.100 --> 00:28:23.100
We must have a doctor at once, she said. I thought of bringing one and then didn't because he mined so awfully to have a doctor in.

364
00:28:23.100 --> 00:28:26.100
Still, we were not really alarmed.

365
00:28:26.100 --> 00:28:33.100
The telephone system had been installed. Natalie knew that. She knew also where the big switchboard was.

366
00:28:33.100 --> 00:28:43.100
I telephoned the family physician to meet us at the Hoboken Ferry and then Natalie and I set out to fetch him, a drive of nearly 70 miles there and back.

367
00:28:43.100 --> 00:28:53.100
We ought to do it in two hours, she said, as we coasted freely, very freely, down the lighted cement road and plunged through the gates into darkness.

368
00:28:53.100 --> 00:29:07.100
The doctor must be in his right mind when we deliver him. I meant it lightly. Her reckless driving was a household topic, and she was incorrigible. But she answered me thoughtfully. We'll make the time going.

369
00:29:07.100 --> 00:29:12.940
She pulled her gloves tighter, took the time, inspected the instruments, switched off the

370
00:29:12.940 --> 00:29:19.100
dash light, cut out the muffler, settled herself in the seat, and opened the throttle wide.

371
00:29:19.100 --> 00:29:22.040
It was a four-cylinder, high-power engine.

372
00:29:22.040 --> 00:29:26.420
The sound we made was that of an endless rip through a linen sheet.

373
00:29:26.420 --> 00:29:31.140
Roadside trees turned white, uneasy faces to our headlights.

374
00:29:31.140 --> 00:29:36.080
The highway seemed to lay itself down in front of us as we needed it, and there was a feeling

375
00:29:36.080 --> 00:29:40.920
Something that it vanished or fell away into black space behind us.

376
00:29:40.920 --> 00:29:45.900
Giddy things such as fences, buildings and stone walls were tossed right and left in

377
00:29:45.900 --> 00:29:48.020
streaming glimpses.

378
00:29:48.020 --> 00:29:50.520
Good motor-roads were yet unbuilt.

379
00:29:50.520 --> 00:29:55.260
There were short, sharp grades like humps on the roller-coaster at the fair.

380
00:29:55.260 --> 00:30:00.600
Taking them at fifty miles an hour, at night, when you cannot see the top as you start up,

381
00:30:00.600 --> 00:30:06.800
Nor all the way down as you begin the plunge is a wild liberating sensation.

382
00:30:06.800 --> 00:30:09.040
Sense of level is lost.

383
00:30:09.040 --> 00:30:12.760
One center of gravity rises and falls momentously.

384
00:30:12.760 --> 00:30:16.320
The heart sloshes around, and you don't care what happens.

385
00:30:16.320 --> 00:30:18.520
Not even if you should run off the world.

386
00:30:18.520 --> 00:30:20.640
It doesn't matter.

387
00:30:20.640 --> 00:30:23.120
Natalie was in a trance-like rapture.

388
00:30:23.120 --> 00:30:24.400
She never spoke.

389
00:30:24.400 --> 00:30:26.360
Her eyes were fixed ahead.

390
00:30:26.360 --> 00:30:28.360
Her body was static.

391
00:30:28.360 --> 00:30:34.880
her head and arms moved, sometimes her feet to slip the clutch or apply the brake.

392
00:30:34.880 --> 00:30:41.800
All that pertains to the pattern of consciousness, seeing, hearing, attention, will and willing,

393
00:30:41.800 --> 00:30:48.520
were strained outward beyond the windshield, as if externalized, acting outside of her.

394
00:30:48.520 --> 00:30:54.360
What remained on the seat, besides the thrill at the core of her, was her automatic self-controlling

395
00:30:54.360 --> 00:31:22.120
There was no traffic at that hour of night until we fell in with the milk and truck wagons

396
00:31:22.120 --> 00:31:26.660
The

397
00:31:26.660 --> 00:31:31.160
Natalee cut in and out of that rumbling procession with skill and ease.

398
00:31:31.160 --> 00:31:35.200
Her calculations were tight and daring, but never foolhardy.

399
00:31:35.200 --> 00:31:40.760
Very accomplished driving, I said, as she pulled up at the ferry with the engine idling

400
00:31:40.760 --> 00:31:41.760
softly.

401
00:31:41.760 --> 00:31:46.220
Fifty minutes, she said, a little down, on looking at her watch.

402
00:31:46.220 --> 00:31:49.240
I thought we should have done it in forty-five.

403
00:31:49.240 --> 00:31:51.960
Don't you love it at night?

404
00:31:51.960 --> 00:31:52.960
Horror

405
00:31:52.960 --> 00:31:56.280
Dawn was breaking when we returned.

406
00:31:56.280 --> 00:32:01.680
It gave us a start of apprehension to see the lights still burning in Galt's apartment.

407
00:32:01.680 --> 00:32:04.840
We found Mrs. Galt sitting at the side of his bed.

408
00:32:04.840 --> 00:32:08.640
Her face was distorted with horror and anxiety.

409
00:32:08.640 --> 00:32:11.160
Galt lay just as I had seen him last.

410
00:32:11.160 --> 00:32:14.080
He hasn't moved, said Mrs. Galt.

411
00:32:14.080 --> 00:32:15.440
I can't arouse him.

412
00:32:15.440 --> 00:32:18.000
I'm not sure he is breathing.

413
00:32:18.000 --> 00:32:19.680
Neither was the doctor.

414
00:32:19.680 --> 00:32:21.800
The pulse was imperceptible.

415
00:32:21.800 --> 00:32:26.080
A glass held at his nostrils showed no trace of moisture.

416
00:32:26.080 --> 00:32:29.560
All the bodily functions were in a state of suspense.

417
00:32:29.560 --> 00:32:35.580
The only presumption of life lay in the general arbitrary fact that he was not dead.

418
00:32:35.580 --> 00:32:38.720
The doctor had never seen anything like this before.

419
00:32:38.720 --> 00:32:41.960
He was afraid to act without a consultation.

420
00:32:41.960 --> 00:32:47.600
Motors were sent off for four other doctors, two in New Jersey and two in New York.

421
00:32:47.600 --> 00:32:50.360
They would bring nurses with them.

422
00:32:50.360 --> 00:32:53.720
Mrs. Galt could not be moved from the bedside.

423
00:32:53.720 --> 00:32:56.080
Natalie telephoned Vera to come.

424
00:32:56.080 --> 00:32:58.560
I telephoned Mordecai.

425
00:32:58.560 --> 00:33:03.300
Then we walked up and down the eastern terrace and watched the sun come up.

426
00:33:03.300 --> 00:33:07.240
She stopped and leaned over the parapet, looking down.

427
00:33:07.240 --> 00:33:08.760
Her eyes were dry.

428
00:33:08.760 --> 00:33:11.720
Her body shook with convulsive movements.

429
00:33:11.720 --> 00:33:13.240
My heart went forth.

430
00:33:13.240 --> 00:33:15.540
I put my arm around her.

431
00:33:15.540 --> 00:33:20.880
She stood up, gazed at me with a stricken expression, then dropped her head on my shoulder

432
00:33:20.880 --> 00:33:22.900
and wept, whispering,

433
00:33:22.900 --> 00:33:26.040
Coxie, Coxie, oh, what shall we do?

434
00:33:26.040 --> 00:33:28.580
What shall we do?

435
00:33:28.580 --> 00:33:30.760
Gangs of workmen were appearing below.

436
00:33:30.760 --> 00:33:33.260
The day of labor was about to begin.

437
00:33:33.260 --> 00:33:39.540
I left her to get the superintendent on the telephone and tell him to suspend work.

438
00:33:39.540 --> 00:33:41.460
5

439
00:33:41.460 --> 00:33:44.780
The consultation began at 9 o'clock.

440
00:33:44.780 --> 00:33:48.220
Mordecai arrived while it was taking place.

441
00:33:48.220 --> 00:33:50.940
Somehow on the way, he had picked up Vera.

442
00:33:50.940 --> 00:33:52.600
They came together.

443
00:33:52.600 --> 00:33:56.100
We waited in the library room of Galt's apartment.

444
00:33:56.100 --> 00:34:00.840
At the end of an hour, the five doctors came to us, looking very grave.

445
00:34:00.840 --> 00:34:03.900
The Galt's family doctor announced the consensus.

446
00:34:03.900 --> 00:34:08.020
It was a stroke, with some very unusual aspects.

447
00:34:08.020 --> 00:34:09.220
Life persisted.

448
00:34:09.220 --> 00:34:13.180
The threat of it was extremely fine, almost invisible.

449
00:34:13.180 --> 00:34:29.180
Mordecai rose from his chair with a colossal awful gesture. His eyes were staring. His face was like a mask. His head turned slowly right and left, through half a circle with a weird mechanical movement.

450
00:34:29.180 --> 00:34:47.180
Mordecai rose from his chair with a colossal awful gesture. His eyes were staring. His face was like a mask. His head turned slowly right and left through half a circle with a weird mechanical movement as a thing turning on a pivot in a fixed plane.

451
00:34:47.180 --> 00:34:50.500
They have killed him, he whispered.

452
00:34:50.500 --> 00:34:54.380
All of you, I gall upon to witness, they have killed him.

453
00:34:54.380 --> 00:34:59.500
They could not ruin him, that they tried to do, but they have killed him.

454
00:34:59.500 --> 00:35:03.140
They are once more in the dark ages.

455
00:35:03.140 --> 00:35:06.380
The physicians were astonished and ill at ease.

456
00:35:06.380 --> 00:35:08.740
They did not know what he was talking about.

457
00:35:08.740 --> 00:35:10.740
They did not know who he was.

458
00:35:10.740 --> 00:35:16.500
I was the only one who could know what he meant, and for a minute I was bewildered.

459
00:35:16.500 --> 00:35:19.140
And It Broke Upon Me.

460
00:35:19.140 --> 00:35:22.860
The combat reconstructed itself in my mind.

461
00:35:22.860 --> 00:35:28.260
I recalled those days of strain and anguish when all the forces of Wall Street were acting

462
00:35:28.260 --> 00:35:31.220
to destroy him and he fought alone.

463
00:35:31.220 --> 00:35:32.820
He withstood them.

464
00:35:32.820 --> 00:35:38.080
In the might of his own strength, in that moment which it had been torture almost unendurable

465
00:35:38.080 --> 00:35:43.600
to bide the coming of, he smote his enemies with the fist of wickedness and scattered

466
00:35:43.600 --> 00:35:44.860
them away.

467
00:35:44.860 --> 00:35:50.780
Yes, all that, he had won the fight, yet there he lay.

468
00:35:50.780 --> 00:35:55.920
His death would leave them in possession of the field, with a victory unawares.

469
00:35:55.920 --> 00:36:02.000
They meant only to break his power, to unloose his hands, to overthrow him as an upstart

470
00:36:02.000 --> 00:36:03.220
dynast.

471
00:36:03.220 --> 00:36:07.880
But the blood weapon which we think is put away, which they never meant and would not

472
00:36:07.880 --> 00:36:12.800
have dared to use, it had done its work in spite of them.

473
00:36:12.800 --> 00:36:14.720
They could not break him.

474
00:36:14.720 --> 00:36:25.080
6 Well, we had to wait.

475
00:36:25.080 --> 00:36:28.540
Life must wait upon death, because it can.

476
00:36:28.540 --> 00:36:30.720
There was much to think about.

477
00:36:30.720 --> 00:36:36.340
Mordecai spent two hours with me making precise arrangements against any contingency.

478
00:36:36.340 --> 00:36:41.080
It was very important that Wall Street should know nothing about Galt's condition.

479
00:36:41.080 --> 00:36:43.280
The news might cause a panic.

480
00:36:43.280 --> 00:36:48.380
I was to call him up at regular intervals by a direct telephone wire on which no one

481
00:36:48.380 --> 00:36:49.960
could listen in.

482
00:36:49.960 --> 00:36:54.040
If any rumor got out, it should be met with blank silence.

483
00:36:54.040 --> 00:36:59.080
Sevil winded soon out, no matter, he said.

484
00:36:59.080 --> 00:37:04.360
What he needed was a little time to prepare the financial structure for the imminent shock.

485
00:37:04.360 --> 00:37:09.400
He would inform his associates and such others as were entitled to know, and together they

486
00:37:09.400 --> 00:37:12.560
would agree upon protective measures.

487
00:37:12.560 --> 00:37:16.280
Galt's death was bound to produce a terrific convulsion.

488
00:37:16.280 --> 00:37:22.240
There is no line of succession in Wall Street, no hereditary prince to receive the crown.

489
00:37:22.240 --> 00:37:28.820
When the monarch falls, the whale is, the king is dead, there is no king.

490
00:37:28.820 --> 00:37:33.280
About ten o'clock in the morning of the second day, Galt opened his eyes.

491
00:37:33.280 --> 00:37:37.800
He could neither move nor speak, but he was vividly conscious.

492
00:37:37.800 --> 00:37:43.160
Mrs. Galt came to the room where I had established a workstation to tell me this.

493
00:37:43.160 --> 00:37:45.080
He wants something, she said.

494
00:37:45.080 --> 00:37:46.780
He says so with his eyes.

495
00:37:46.780 --> 00:37:49.780
I think it is you he wants.

496
00:37:49.780 --> 00:37:52.460
His eyes expressed pleasure at seeing me.

497
00:37:52.460 --> 00:37:54.000
Not a muscle moved.

498
00:37:54.000 --> 00:37:57.760
He could see and hear and think, and that was all.

499
00:37:57.760 --> 00:37:59.500
He did want something.

500
00:37:59.500 --> 00:38:03.080
I guessed a number of things, and he looked them all away.

501
00:38:03.080 --> 00:38:04.380
It wasn't Mordecai.

502
00:38:04.380 --> 00:38:07.580
It wasn't anything in relation to business.

503
00:38:07.580 --> 00:38:11.440
In this dilemma, I remembered a game we played in childhood.

504
00:38:11.440 --> 00:38:16.660
It was for one of the players to hold in his mind any object on earth and for the other

505
00:38:16.660 --> 00:38:23.900
to identify it by asking questions up to 20 that had to be answered yes or no.

506
00:38:23.900 --> 00:38:27.740
Galt's eyes could say yes and no, and he could hear.

507
00:38:27.740 --> 00:38:32.060
Therefore, anything he was thinking of could be found out.

508
00:38:32.060 --> 00:38:33.920
I explained the game to him.

509
00:38:33.920 --> 00:38:37.200
He instantly understood, and we began.

510
00:38:37.200 --> 00:38:43.000
Was the thing a mineral substance? He did not answer. Was it vegetable? He did not answer.

511
00:38:43.000 --> 00:38:47.880
Was it animal, then? Still no answer, but a bothered look in his eyes.

512
00:38:47.880 --> 00:38:53.680
I stopped to wonder why he hadn't answered yes or no to one of the three. Was it perhaps

513
00:38:53.680 --> 00:39:00.600
something mineral, vegetable and animal combined? His eyes lighted, saying yes.

514
00:39:00.600 --> 00:39:02.040
Was it in this room?

515
00:39:02.040 --> 00:39:03.040
No.

516
00:39:03.040 --> 00:39:04.440
Was it far away?

517
00:39:04.440 --> 00:39:05.440
No.

518
00:39:05.440 --> 00:39:07.240
Was it just outside?

519
00:39:07.240 --> 00:39:08.600
Yes.

520
00:39:08.600 --> 00:39:11.080
I went to the window and looked out.

521
00:39:11.080 --> 00:39:15.800
In every direction below the level of the finished terrace was the site of construction

522
00:39:15.800 --> 00:39:22.600
work in a state of suspense, heaps of materials, tools where they had fallen, power machinery

523
00:39:22.600 --> 00:39:23.600
idle.

524
00:39:23.600 --> 00:39:25.640
A thought occurred to me.

525
00:39:25.640 --> 00:39:27.960
I went back and looked in his eyes.

526
00:39:27.960 --> 00:39:33.820
We've had all the work stopped because of the noise. Do you wish it to go on? Is that what you want?

527
00:39:34.580 --> 00:39:37.200
Yes, he answered, with a flash of his eyes.

528
00:39:38.400 --> 00:39:46.320
Two hours later, the air was vibrant with the clank-clank of many steam drills, the screech of taut hoisting cables,

529
00:39:46.320 --> 00:39:51.600
the throb of donkey engines, the roar of rock blasting, and he was happy.

530
00:39:53.100 --> 00:39:57.640
Incidentally, the resumption of work served Mordecai's purpose in an unexpected way.

531
00:39:57.960 --> 00:40:10.960
Rumor of Galt's illness did get out. The newspapers began to telephone. Unable to get information in that way, they thought it must be serious and sent reporters out in haste.

532
00:40:10.960 --> 00:40:19.960
They returned to their offices saying they couldn't get a word out of us, but Galt couldn't be very ill so long as all that uproar was permitted to go on.

533
00:40:19.960 --> 00:40:46.960
A week passed in this way. One evening on my return from an urgent trip to New York, Natalie came racing down the Great Hall to meet me with a flying slide at the end, as in the old days she was wont to meet Gault, and whether she meant it quite or miscalculated the distance I do not know, but anyhow I had either to let her go by off her balance or catch her, and she landed in my arms.

534
00:40:46.960 --> 00:40:53.160
O Coxie, he's asking for you, she said, getting her feet and dragging me along at a run.

535
00:40:53.160 --> 00:40:54.320
He's better all at once.

536
00:40:54.320 --> 00:40:56.520
He can talk.

537
00:40:56.520 --> 00:40:59.840
The faculty of speech was gradually restored.

538
00:40:59.840 --> 00:41:05.080
When he could talk freely, he told us that he had been conscious all the while, day and

539
00:41:05.080 --> 00:41:06.080
night.

540
00:41:06.080 --> 00:41:09.000
He heard every word that was spoken at the consultation.

541
00:41:09.000 --> 00:41:13.820
Therefore, he had more expert opinion on his condition than we had.

542
00:41:13.820 --> 00:41:15.840
He had kept count of time.

543
00:41:15.840 --> 00:41:20.960
He knew what day it was when he first opened his eyes, and since then in his sleep he had

544
00:41:20.960 --> 00:41:23.240
been continuously conscious.

545
00:41:23.240 --> 00:41:24.400
He felt no pain.
