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The Transgressors Part 29

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From the hour of his triumph at Chicago he has won the support of the rural districts. Ma.s.s meetings have been held in villages, hamlets and cross-roads in all the States. In the smaller towns the people have likewise hailed Trueman as their deliverer. It is the good fortune of those dwelling outside of the cities to be still in possession of the dormant spirit of independence. They have been crushed, yet not cowed by the Trusts.

The fact that they are self-supporting in so far as procuring the actual necessities of food and shelter, make them capable of retaining a hope for emanc.i.p.ation from Trust domination.

The wage-slaves of the cities are in a condition actually appalling. It is part of Trueman's campaign to go amongst the shops and factories in the environs of the cities to talk with the men, and to picture to them the results that will follow their voting in their own interests. He has seen poverty in its most direful forms.

The evening has worn on until it is within an hour of midnight.

Reporters come and go; the last of the committeemen has said good night.

Trueman is alone with his secretary, Herbert Benson.

Benson, a young newspaperman, volunteered his services at the opening of the campaign. He is a brilliant writer, and what is of more consequence, he is beyond doubt an ardent supporter of popular government. There are few men in the journalistic field who are free thinkers. The universities, colleges and academies in which the higher branches of study can be pursued, have all been brought under the power of the Magnates. Endowments are only to be obtained by observing the commands of the donors. The chief offence which an inst.i.tution of learning can commit is to tell the truth regarding social conditions. For this reason the men who enter journalism from college, are unfitted to grasp the social problem; or if, in the case of a few, the true conditions are realized, they find it expedient to remain silent. Excommunication from the craft is sure to follow any radical expression in favor of socialism. The press is free only in name.

A strong friendship exists between Trueman and Benson.

"Tell me candidly, Benson," Trueman inquires, "do you think there is a chance of my carrying New York City and St. Louis?"

"I am satisfied that you will have a clean majority in both. My belief is based on personal observations. I have been in all quarters of the cities, and have questioned workmen in every industry. They seem of one mind. Your Convention speech converted them."

"What do they say about it?"

"Why, it makes it clear to them that with a fearless and n.o.ble leader, the ma.s.ses can express their will. You showed to the world that reason _can_ rule pa.s.sion. It needed but a word from you to have precipitated a revolt in the party which would have spread through every state. To most men in your position it would have appeared that out of the tumult and confusion, they would have come out with a decided advantage. But you gave no thought to a personal advantage; it was the good of the people that actuated you. And now you are to reap your reward. What was plain to the inhabitants of the rural districts from the start, is now manifest to the toilers in the cities, especially in this city and Chicago."

"This condition must be known at the Plutocratic Headquarters. What is being done by the managers there, to overcome the sudden change in the public mind? I hear so many stories that I am at a loss to tell which is true and which false."

"The local committee of the Plutocrats has abandoned all hope of coercing the people. This evening it sent out a letter of instruction to the manufacturers calling upon them to exercise drastic measures to prevent their operatives from voting; but this is only a blind," replies Benson.

"The Chairman of the National executive committee at the same time held a conference with the chief labor leaders. These leaders were offered a flat bribe if they prevent the men whom they represented from voting.

Eight out of the ten who were present accepted the bribe, which was $50,000, in cash. Two declined. One of these afterwards went to the local treasurer and agreed to deliver his people into bondage for $100,000. His terms were acceded to.

"The one who spurned the bribe has been given to understand that if he divulges the nature of the meeting, his life will be the penalty.

Notwithstanding this, he has just informed me of the matter. I had to pledge not to make public the information he gave me. But we can counteract the influence of the labor leaders."

"In what way?" Trueman asks, with deep interest.

"You have made a great mistake," he continues, before Benson has time to reply. "You never should promise to keep a secret. Publicity would have been our sure means of thwarting their design."

"If I had not promised to keep the secret I should not have learned of the plot," protests Benson. "I have an idea that we can bring the labor leaders to terms. We are driven to the wall by the Trust Magnates, who will stop at nothing. We must do what instinct would suggest. The labor leaders shall receive notice that if they attempt to prevent the people from voting, their blow at public suffrage will bring on a revolution.

It will be on treacherous leaders of the people that the vengeance will fall."

"No, no, that will never do. I cannot consent to the use of a threat of violence," declares Trueman, with emphasis.

"But this is not a question of what you may or may not consent to,"

replies Benson. "It is what I will do. I know what I say is certain to be true. To avert an uprising I shall warn the labor leaders myself. You will have no part in this matter. I am determined that the vote of the people shall be recorded at this election." Benson hurries from the room.

He is soon in secret conference with the leaders at Liberty Hall. They are inclined to scoff at his a.s.sertion that the people will resort to violence if they discover that they have again been betrayed; but when Benson repeats the circ.u.mstances of the compact between the Magnates and the Labor leaders, with every detail and word, they realize that their positions as leaders are endangered.

With threat and bribe they seek to win Benson to silence. He withstands their blandishments; at the suggestion of a bribe he flies into a pa.s.sion.

These men are cowards at heart; they have taken the gifts of the Magnates for years, and have contrived to pacify their followers. Now that they are brought face to face with the possibility of exposure, they tremble at the thought of the popular denouncement that will come upon them. They even weigh the chances of physical harm that may befall them. Secretly planning to get the bribe money, they agree to make no attempt to coerce the vote of the people.

"The first word of intimidation or coercion which is spoken will be my signal to expose you," Benson tells them at parting.

The Trust Magnates remain ignorant that they are sowing the wind. They receive daily reports from the leaders telling of their success in intimidating the ma.s.ses. To every demand for money the Magnates willingly respond. It is an election where money is not to be spared.

Benson and his faithful corps of workers keep a vigilant watch over the Labor leaders.

When the Magnates arrange for a great parade, Benson warns the Labor leaders not to attempt to force any workingman to march. This causes the parade to turn out a dismal failure.

"We must have more money," the leaders a.s.sert.

Two millions of dollars is set aside for use in St. Louis alone. Against such odds can the Independence party win?

CHAPTER XXIII.

A DAY AHEAD OF SCHEDULE.

It is two o'clock P.M., on October twelfth. In sixty minutes the New York Stock 'Change will close. The day has been exceedingly quiet; brokers are standing in groups discussing the whys and wherefores of this and that stock scheme; all are of little consequence. Indeed, there has been nothing done on the floor since the abrupt departure of James Golding, the Head of the Banking Syndicate for Europe, three weeks before this pleasant twelfth day of October.

Golding's mission abroad is vaguely guessed to be the floating of a bond issue for the government, as there has been an alarming shrinkage in the money market, and the Secretary of the Treasury has called upon the Banking interests to relieve the strain on the Treasury.

The slightest indication of weakness in the money market has its instant effect on stocks. New York quotations are looked upon as the criterion of the country, and for that reason the brokers are disposed to be cautious. Wall street traditions make it seem proper for the brokers to wait the result of the European trip.

Since the inauguration of the system of bank favoritism, which, was one of the strong features of the previous Plutocratic Platform, and on which the Party was able to raise an enormous Campaign fund, the secrets of the Government and its favorite bankers are not shared with the brokers in ordinary stocks and industrials. For this reason the timidity of the brokers is more p.r.o.nounced than ever before.

To them it seems inexplicable that the Government should seek to float a bond issue on the eve of an election. They do not grasp the full import of this scheme to force the people to support the Plutocratic candidates as the preservers of the country's credit.

A broker, running the tape through his fingers listlessly, reads this sentence: "London, Oct. 12,--James Golding announces his intention to float $245,000,000 three per cent. U.S. gold bonds in London."

In an instant he realizes that the confidence of the market will be restored. Rushing to the pit he begins to buy everything that is offered. Half a hundred tickers in the Exchange convey the same news to as many brokerage firms.

A wild scramble is started; everyone is anxious to go "long" on stocks which they have been cautiously selling for days past. Point by point the listed stocks advance.

The clock strikes half-past two. Will half an hour suffice to readjust the market?

An exceptional, an unprecedented bull panic is in progress. Brokers, messengers, clerks, every one connected with the Stock Exchange is in a flurry. Tickers are for the time being utterly forgotten.

In a corner of the Exchange sits the operator who has to send the doings of the day to the Press a.s.sociation. He is unmoved by any excitement that may occur on the floor; it is an every-day experience with him.

Stolidly he reads the tape, and jots down the advance in the stocks as a matter of course.

He has sent word to his office that Golding is to float the bond issue; but he knows that this news has reached the office through another channel before his belated report. He sends the message because it is a part of his routine.

"Calais, Oct. 12th," are the words that now appear on the slip of paper he is scanning. "James Golding, accompanied by M. Tabort, French banking magnate, entered rear car Paris Express from London to cross the Channel. Car uncoupled in tunnel; explosion; both men instantly killed; submarine tunnel wrecked."

Here _is_ news. The instinct of the broker is awakened in the operator.

He leaves his desk and walks rapidly to the pit. He places his hand on the shoulder of a prominent broker. In a few words he tells this man the news, and asks that the broker make him a "little something" for the tip.

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The Transgressors Part 29 summary

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