"The idea," exclaimed Jadwin, incredulously, "the idea of selling short in face of this Argentine collapse, and all this Bull news from Europe!"

"Oh, there are plenty of shorts," urged Gretry. "Plenty of them."

Try as he would, the echoes of the rumbling of the Pit reached Jadwin at every hour of the day and night. The maelstrom there at the foot of La Salle Street was swirling now with a mightier rush than for years past. Thundering, its vortex smoking, it sent its whirling far out over the country, from ocean to ocean, sweeping the wheat into its currents, sucking it in, and spewing it out again in the gigantic pulses of its ebb and flow.

And he, Jadwin, who knew its every eddy, who could foretell its every ripple, was out of it, out of it. Inactive, he sat there idle while the clamour of the Pit swelled daily louder, and while other men, men of little minds, of narrow imaginations, perversely, blindly shut their eyes to the swelling of its waters, neglecting the chances which he would have known how to use with such large, such vast results. That mysterious event which long ago he felt was preparing, was not yet consummated. The great Fact, the great Result which was at last to issue forth from all this turmoil was not yet achieved. Would it refuse to come until a master hand, all powerful, all daring, gripped the levers of the sluice gates that controlled the crashing waters of the Pit? He did not know. Was it the moment for a chief?

Was this upheaval a revolution that called aloud for its Napoleon? Would another, not himself, at last, seeing where so many shut their eyes, step into the place of high command?

Jadwin chafed and fretted in his inaction. As the time when the house party should break up drew to its close, his impatience harried him like a gadfly. He took long drives over the lonely country roads, or tramped the hills or the frozen lake, thoughtful, preoccupied. He still held his seat upon the Board of Trade. He still retained his agents in Europe. Each morning brought him fresh despatches, each evening's paper confirmed his forecasts.

"Oh, I'm out of it for good and all," he assured his wife. "But I know the man who could take up the whole jing-bang of that Crookes crowd in one hand and"—his large fist swiftly knotted as he spoke the words—"scrunch it up like an eggshell, by George."

Landry Court often entertained Page with accounts of the doings on the Board of Trade, and about a fortnight after the Jadwins had returned to their city home he called on her one evening and brought two or three of the morning's papers.

"Have you seen this?" he asked. She shook her head.

"Well," he said, compressing his lips, and narrowing his eyes, "let me tell you, we are having pretty—lively—times—down there on the Board these days. The whole country is talking about it."