"That's correct," Atherton assented, and the secretary continued, "Then here's the story. By the merest accident, I've stumbled on a big secret, the biggest secret in the world. Financially speaking, you can't overestimate its importance. If a man can solve it, he can make all the money he wants--nothing can stop him. But if it becomes known that he has solved it, or if he is detected in the attempt, he might as well have written his own death warrant. I want to do the right thing by you fellows; if you care to have me do it, I'll tell you what I know. Or if, on the other hand, you don't feel like tempting fate, well and good; I dare say I'll only be doing you a bad turn by telling you. Take your choice; I leave it to you to decide."
Blagden, whose eyes had never left the secretary's face, was the first to speak. "We'll take a chance," he answered coolly. "Isn't that right, boys?"
"Sure thing," assented Mills, but Atherton did not immediately respond. Three days ago, he would not have hesitated, but his meeting with Helen Hamilton had made all matters connected with money assume a secondary place, and life itself, with so much to live for, now seemed a possession too precious to be risked. Yet it was difficult to take Bellingham's words seriously; he must be exaggerating. And finally curiosity turned the scale, and he answered briefly, "All right; go ahead."
Bellingham leaned forward in his chair, his eyes bright, the liquor loosening his tongue. "Then here is the story," he cried. "For years, every one has claimed that the stock market is an unbeatable game. Man after man tries it; goes into it sanguine, confident; and emerges broken in purse and spirit. Isn't that so?"
There was a murmur of assent. "And why it is so," went on Bellingham, "is a mystery. You can't say that all men are fools. They're not. Men play the stock market who have succeeded brilliantly in other lines--men who have never made a failure in their lives--but the stock market beats them as it beats any novice. I think you'll bear me out in that."
Again his hearers signified assent, and Bellingham, lowering his voice, continued, "Then what is the answer? All my life I've lived in the atmosphere of the Exchange; all my life I've heard the legends and the rumors that surround it; but never, until three days ago, have I even suspected the truth. There's no need for me to tell you how I came by this knowledge; it's enough for me to say that a paper, accidentally discovered, has so filled the gaps in what I knew before that now I can make something more than a guess at the real mystery of the Stock Exchange. And this is what I know. Forty years ago, four men--the wealthiest, ablest and shrewdest men of their day--met together and founded the most wonderful secret order in the world. This was their plan--to form and perfect an organization so powerful that by means of it they could govern the course of the stock market--could actually raise or lower prices as they chose."
Blagden, who had been listening with constantly increasing attention, now broke in, more to himself than to the others, "Just what I said. Combination; cooperation; it's the only way."
Bellingham turned to him. "Exactly!" he cried. "And what was the first requisite for their plan? Money, of course; money unlimited; not money as we understand it, in hundreds and thousands, but money in millions, in tens of millions, in billions. And that is what these four men, with their resources and connections, were able to achieve. They labored until they had ready at their command what was practically an inexhaustible reservoir of gold. That was the first step. The next was to perfect the army of men who were to carry on this financial war. At its head were seven commanders-in-chief, the four I have mentioned, and besides them one in England and two on the Continent. These were the true insiders, the sole possessors of the secret, sworn by the most solemn of oaths to guard it from all the world excepting themselves and their successors in office. They were the leaders, but under them were colonels and captains and privates in the ranks, each man of proved ability, and each with his special duty to perform. And thus, fully equipped with men and munitions, they were ready to take the field."
Mills had been gazing at him, wide-eyed, absorbed in the secretary's story. Now he could contain himself no longer. "I don't care much," he cried, "for your comparison. You keep talking about a war. I should call it a slaughter. With most of the money in the world behind you, how can you help but lick the other fellow. War! Do you talk about a war between a boa-constrictor and a rabbit?"
"You're right," assented the secretary. "Quite right. And I'll drop figures of speech altogether. When these men had everything in readiness, then began the cold-blooded, systematic despoiling of the people. For one thing, they had--and have--the finest publicity department in the world. The heads of it know all the weaknesses of human nature, know every detail of the psychology of the so-called average man. They know how to arouse his interest in the market, how to whet his appetite for speculation, how to get him to invest his money, and most important of all, once he has taken sides as a bear or a bull, they know how to publish the forecasts and the information that will make him stick to his position until they have extracted the last cent of the last dollar that he can afford to lose. That is what the publicity department can do, and aiding and abetting them at all times are the sleek and smiling brokers--financial courtezans--genial, jovial men, bidding you welcome to the warmth and light and luxury of their offices; joking with you, advising you, humoring your wild ideas and your crazy theories of speculation, gathering their commissions as their pay and knowing, in the bottom of what they call their hearts, that once you are in their clutches, you won't escape while you have a penny to your name. That is your average broker--a licensed thief, a man of ill-fame, a speculative prostitute."