"Surely, that's a little extreme, Judge," expostulated Caldwell. "He hasn't done anything worse than stir up Jonesy a little."

"But he will, sir," insisted Terry, "you mark my words. If you give him line, he'll not only hang himself, but he'll rope in a lot of bystanders as well."

"I'll bet he sells a lot of papers to-morrow, anyhow," predicted Keith.

"I hope so," bragged Jones. "There'll be the more to read his apology."

Evidently Jones fulfilled his promise, and quite as evidently Keith's prediction was verified. Every man on the street had a copy of the next day's Bulletin within twenty minutes of issue.

A roar of delight went up. Jones's visit was reported simply as an item of news, faithfully, sarcastically, and pompously. There was no comment. Even the most faithful partisans of Palmer, Cook & Co. had to grin at the effectiveness of this new way of meeting the impact of such a visit.

"It's clever journalism," Terry admitted, "but it's blackguardly; and I blame Jones for passing it over."

The fourth number—eagerly purchased—proved more interesting because of its hints of future disclosures rather than for its actual information. Broderick was mentioned by name. The attention of the city marshal was succinctly called to the disorderly houses and the statutes concerning them; and it was added, "for his information," that at a certain address a structure was actually building at a cost of $30,000 for improper purposes. Then followed a list of personal bonds and sureties for which Palmer, Cook & Co. were standing voucher, amounting to over two millions.

The expectations of disclosures, thus aroused, were not immediately gratified, except in the case of Broderick. His swindles in the matters of the Jenny Lind Theatre and the City Hall were traced out in detail. Every one knew these things were done, but nobody knew just how; so these disclosures made interesting reading if only as food for natural curiosity. However, the tension somewhat relaxed. It was generally considered that the coarse fibre of the ex-stone-cutter, the old Tammany heeler, and the thick skins of his political adherents could stand this sort of thing. Nobody with a sensitive honour to protect was assailed.

The position of the new paper was by now firmly established. It had a large subscription list; it was eagerly bought on the streets; and its advertising was increasing. King again turned his attention to Palmer, Cook & Co. Each day he treated succinctly, clearly, without rhetoric, some branch of their business. By the time he had finished with them he had not only exposed their iniquities, he had educated the public to an understanding of the financial methods of the times. His tilting at this banking firm had inevitably led him to criticism of certain of their subterfuges to avoid or take advantage of the law; and that as inevitably brought him to analysis and condemnation of the firm's legal advisers, James, Doyle, Barber & Boyd, a firm which had heretofore enjoyed a good reputation. Incidentally he called attention to duelling, venal newspapers, city sales, gambling, Billy Mulligan, Wooley Kearney, Casey, Cora, Yankee Sullivan, Martin Gallagher, Tom Cunningham, Ned McGowan, Charles Duane, and many other worthies, both of high and low degree. Never did he fear to name names and cite specific instances plainly. James King of William dealt in no innuendoes. He had found in himself the editor he had wished for, the man who would call a spade a spade.