That gave him his lead, and he explained to her that he would never think ill of her; but he did not love her, he had thought of her as a friend. And so gradually her clasp relaxed, and she sank down in a pitiful heap by the bedside, sobbing that he would be sure to loathe her, he would never want to see her again. He pleaded that that was not so, there was no disgrace about it, there was no reason to quarrel because you did not happen to love. She was so abject, he was sorry for her, and put out his hand to comfort her; but he saw at once that this would not do, she had caught his hand and was kissing it, and he was being tempted by his sympathy. Away back in the eighteenth century, one of the English poets had announced the discovery that pity moves the soul to love.

One has to think these matters out in advance, and have a standard of conduct. Bunny had made up his mind that the next time he embraced a woman, it would be one he truly loved; and now the clear cold voice of his reason told him that he did not love Charlie Norman’s mother, it would only be an intrigue, and neither of them would be happy very long. So he said, gently, that he thought she had better go; and slowly and sadly she gathered up the kimono from the floor, and rose to her feet. “Bunny,” she said, “people have nasty minds. If they hear about this they will make it horrid.”

“Don’t think of that,” he answered. “I shall not tell.”

He heard the door softly opened, and softly closed again; and he turned on the light, and locked the door—never again would he fail to take that precaution at a house-party! For a while he paced the floor, thinking over this alarming experience. He told himself, with becoming modesty, that it wasn’t because he was irresistibly fascinating; but in this new pagan civilization women were so startled by an encounter with chastity, it struck them as something colossal, superhuman.

Next morning the nautical maid had her first natural blush in many years when she encountered the young Adonis on deck. But she soon got over it, and they talked about Theosophy, as spiritually as ever, and were perfectly good friends; he called her Thelma, and Charlie did not even make a joke. But on the way home Bertie wanted to know all about it, had Mrs. Norman made love to him, and how much? And when Bunny blushed, she laughed at him, and was provoked because he was silly and wouldn’t tell. She decided that of course they had had an affair. That was all right, there had been other affairs on board the “Siren”—the lights were dim in the central hall-way, so that you needn’t be recognized as you flitted from door to door. “But don’t imagine she’ll ever marry you,” added Bertie, sagely. “She talks a lot of reincarnation bunk, but she hangs onto her Occidental Steel bonds for this incarnation!”

XI

Occidental Steel had a bad slump in the market a few days after this, and Bertie was worried—taking a proprietary interest in the concern. She asked Dad about it, and he said it was “jist manipulation.” But right away a lot of other stocks went tumbling, including Ross Consolidated, and then Dad said there were fools who would gamble and bid stocks up, and then they had to come down. But the trouble continued to spread over the country, and there were reports of big concerns, and even banks, in trouble. There was panic in the air, and Dad and “Verne” held anxious consultations, and stopped all their development work, and laid off several hundred men; “pulling in their horns,” as Dad phrased it. There was plenty of money in the banks, Dad said, but only the big fellows had the use of it; “Verne” was in a rage with Mark Eisenberg, the banker, who had “thrown him down.” It was the “Big Five,” at their old tricks of trying to freeze out the independents. Wouldn’t they jist like to get Ross Consolidated in a hole, and buy it up for five or ten millions!

Bunny had a talk with Mr. Irving, who told him that it was the Federal Reserve system at work; a device of the big Wall Street banks, a supposed-to-be government board, but really just a committee of bankers, who had the power to create unlimited new paper money in times of crisis. This money was turned over to the big banks, and in turn loaned by them to the big industries whose securities they held and must protect. So, whenever a panic came, the big fellows were saved, while the little fellows went to the wall.

In this case it was the farmers who were being “deflated.” They were unorganized, and had no one to protect them; they had to dump their crops onto the market, and the prices were tumbling—literally millions of farmers would be bankrupt before this year was by. But the price of manufactured goods would not drop to the same extent, because the big trusts, having the Wall Street banks behind them, could hold onto their stocks. Bunny took this explanation to his father, who passed it on to Mr. Roscoe, who said it was exactly right, by Jees; he knew the bunch that had their fingers in the till of the Federal Reserve bank here on the coast, and they were buying up everything in sight, the blankety-blank-blanks, but they weren’t going to get the Roscoe-Ross properties.

Money was so scarce, Bertie could not have a new car, despite the fact that she had damaged hers in a collision; and Dad talked economy at meal-times, until Aunt Emma took to feeding them on hash made from yesterday’s roast! Shortage everywhere, and worry in people’s faces, and hints of bankruptcy and unemployment in the newspapers—they tried their best to hide it, but it leaked out between the lines.