I didn't like that "will." "And who the hell, Arthurjean, is Mr. Willamer of the S.E.C.?" I asked in an aside.

"The woiks," she said.

"Hullo, Tompkins," a clear phonogenic baritone inquired. "This is Harry Willamer. I saw your list of selling-orders this morning and wondered if you would drop in and see me."

"Certainly," I said. "Shall I bring my books?"

"Not necessary. This is entirely informal. As a matter of fact, I have some gentlemen from Washington whom I think you will be interested in meeting. This is entirely unofficial, of course."

"How about meeting me at the Pond Club at one o'clock?"

"That will be grand," Mr. Willamer answered heartily. "The Pond Club at one o'clock it is."

I turned to Arthurjean. "What kind of go-round is this? I start selling and inside an hour the S.E.C. is on my tail. Isn't speculation legal any more?"

"Baby," she remarked, "anything's legal as long as you're in with the right guys. All I can tell you is that Willamer is hot stuff. His aunt is a cousin of Jesse Jones or maybe it's Henry Morgenthau. So you watch yourself and don't do any talking out of turn."

It was Tuesday, the 10th, and I had launched my plan of selling the war short in a determined campaign to unload G.M. and U.S. Steel. I was well covered in case of a rise, but there was already a million dollars of the firm's money in the operation, behind the Fynch million which I had used to break the ice.