Chapter XIV
Reading edition
ON THE OTHER SIDE OF THE WHIRLPOOL
On the rear deck of a ferry-boat bound for Hoboken on the morning of May 12th stood Randolph Taney, with his hands in his pockets, gazing intently at the foaming waters of the Hudson plowed up by the screw. It was all over: he had speculated in Wall Street, putting his money on Harriman, and had lost every cent he had. What Harriman could safely do with a million, Randolph Taney could not do with a quarter of a million. That's why he had lost. Fortunately only his own money. The whole bundle of papers wasn't worth any more than the copy of the Times tossed about in the swirling water in the wake of the boat.
Randolph Taney kept on thinking. Just why he was going to Hoboken he really didn't know, but it made little difference what he did.
"Halloo, Taney," called out an acquaintance, "where are you going?"
"I don't know."
"You don't know? How's that?"
"I'm done for."
"You're not the only one; Wall Street is a dangerous vortex."
"But I'm absolutely cleaned out."
"How so?"
"Do you know what I'm going to do, James Harrison?" asked Taney, with bitter irony in his voice. "I'll apprentice myself to a paperhanger, and learn to paper my rooms with my worthless railway shares. I imagine I can still learn that much."
"Ah, that's the way the wind blows!" cried the other, whistling softly.
"What did you think?"
"It was pretty bad, I suppose?"
"Bad? It was hell——"
"Were you in Wall Street on Monday?"
"Yes, and on Tuesday, too."
"And now you want to learn paperhanging?"
"Yes."
"Does it have to be that?"
"Can you suggest anything else?"
"Yes."
"Well?"
Hubert pointed to the button-hole in the lapel of his coat and said: "Do you see this?"
"What is it?"
"A volunteer button."
Taney looked with interest at the little white button with the American flag, and then said: "Have I got to that point? The last chance, I suppose?" he added after a pause.
"Not the last, but the first!"
"How so?"
"At any rate it's better than paperhanging. Look here, Taney, you'll only worry yourself to death. It would be far more sensible of you to take the bull by the horns and join our ranks. You can at least try to retrieve your fortunes by that means."
The ferry-boat entered the slip at Hoboken and both men left the boat.
"Now, Taney, which is it to be, paperhanging or—," and James Harrison pointed to the button.
"I'll come with you," said Taney indifferently. They went further along the docks towards the Governor's Island ferry-boat.
"I have a friend over there," said Harrison, "a major in the 8th Regulars; he'll be sure to find room for us, and we may be at the front in a month's time."
Taney stuffed his pipe and answered: "In a month? That suits me; I have no affairs to arrange."
The two men looked across in silence at Manhattan Island, where the buildings were piled up in huge terraces. All the color-tones were accentuated in the bright clear morning air. The sky-scrapers of the Empire City, mighty turreted palaces almost reaching into the clouds, stood out like gigantic silhouettes. The dome of the Singer Building glistened and glittered in the sun, crowning a region in which strenuous work was the order of the day, while directly before them stretched the broad waters of the Hudson with its swarm of hurrying ferry-boats. Further on, between the piers and the low warehouses, could be seen a long row of serious-looking ocean-steamers, whose iron lungs emitted little clouds of steam as the cranes fed their huge bodies with nice little morsels.
The two men had seen this picture hundreds of times, but were impressed once again by its grandeur.
"Taney," said Harrison, "isn't that the most beautiful city in the world? I've been around the world twice, but I've never seen anything to equal it. That's our home, and we are going to protect it by shouldering our guns. Come on, old chap, leave everything else behind and come with me!"
"Yes, I'll come, I certainly shall!" came the quick response. Then they took the boat to Governor's Island and Taney enlisted. They promised to make him a lieutenant when the troops took the field.
When they returned two hours later Randolph Taney also wore the button with the flag in the center: he was a full-fledged volunteer in the United States Army.
On the return trip Taney became communicative, and told the story of the eighth of May, that terrible day in Wall Street when billions melted away like butter, when thousands of persons were tossed about in the whirlpool of the Stock Exchange, when the very foundations of economic life seemed to be slipping away. He described the wild scenes when desperate financiers rushed about like madmen, and told how some of them actually lost their reason during the bitter struggle for existence, when not an inch of ground was vacated without resistance. Men fought for every projecting rock, every piece of wreckage, every straw, as they must have fought in the waves of the Flood, and yet one victim after another was swallowed by the vortex. In the midst of the mad scrimmage on the floor of the Exchange one excited individual, the general manager of a large railroad—with his hair disheveled and the perspiration streaming down his face, one of his sleeves ripped out and his collar torn off—suddenly climbed on a platform and began to preach a confused sermon accompanied by wild gestures; others, whose nerves were utterly unstrung by the terrible strain, joined in vulgar street-songs.
Harrison had read about these things in the papers, but his friend's graphic description brought it all vividly to mind again and caused him to shudder. He seemed to see all the ruined existences, which the maelstrom in Wall Street had dragged down into the depths, staring at him with haggard faces. He thought of his own simple, plain life as compared with the neurasthenic existence of the men on the Stock Exchange, who were now compelled to look on in complete apathy and let things go as they were. The rich man, whom in the bottom of his heart he had often envied, was now poorer than the Italian bootblack standing beside him.
The ferry-boat now turned sharply aside to make room for the giant Mauretania, which was steaming out majestically from its pier into the broad Hudson River.
The thrilling notes of the "Star Spangled Banner" had just died away, and a sea of handkerchiefs fluttered over the railings, which were crowded with passengers waving their last farewells to those left behind. Then the ship's band struck up a new tune, and the enormous steamer plowed through the waves towards the open sea.
"There go the rats who have deserted the sinking ship," said Randolph Taney bitterly, "our leading men of finance are said to have offered fabulous prices for the plainest berths."
The flight of the homeless had begun.