And he placed in his hand a check which read:
Pay to the order of Thomas Beauchamp Crocker
Fifty thousand dollars
Jotham B. Crocker.
CHAPTER V
DANIEL DRAKE, THE MULTI-MILLIONAIRE
A week after his interview with his father, Tom Crocker entered the great shadowy library of the Drakes in response to an invitation from the father. At this time, when Wall Street was approaching that dramatic phase which is inevitable in social transformations, when dominant and outstanding individualities succumb to the obliterating rise of bureaucracies, there was no more picturesque personality than Daniel Drake. He had come to New York several years before, awaited as a vaulting spirit who played the game recklessly and who would never cease to aspire until he had forced his way to the top or been utterly broken in the attempt.
His career had bordered on the fantastic. As a boy the Wanderlust had driven him over the face of the globe. A shrewd capacity for making money of anything to which he put his hand had carried him through strange professions. He had been a pedler on the Mississippi, cook on a tramp steamer to Australia, boxed in minor professional encounters, exhibited as a trick bicycle rider, served as a soldier of fortune up and down Central America, and returned to his native country to establish a small fortune in the field of the country fairs.
With the acquisition of capital, he became conservative and industrious. Reconciled with his family, he had secured the necessary funds to attempt an operation in the wheat market which, conducted on a reasonable scale, netted him a handsome profit and enlarged his activities. His genius for manipulation and trading, which was soon recognized, brought him into the services of big industries. He made money rapidly, and married impulsively against the advice of his friends a woman of social prominence who cared absolutely nothing about him—a fact which he was the last to perceive.
He next undertook a daring operation, the buying up of the control of a great industry in competition with an eastern group. A friend whom he trusted betrayed the pool he had formed, and the loyalty of his associates, which made him continue, completely bankrupted him. Before the public had even an inkling of the extent of his catastrophe he had mended his fortunes by the brilliant stroke, secured control of one of the subsidiary companies destined for the steel trust, and realized a couple of millions as his share. When he referred to this moment, which he often did, he used to say frankly:
"We went into the meeting bankrupt and came out seven millionaires."