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and Jeffrey, his ear at his private telephone, listened to the tale of disaster with a set jaw. The new Napoleon had lost his Marengo. He saw the whole financial landscape sliding and falling into chaos before him. In half an hour the news of the finding of Manderson’s body, with the inevitable rumour that it was suicide, was printing in a dozen newspaper offices; but before a copy reached Wall Street the tornado of the panic was in full fury, and Howard B. Jeffrey and his collaborators were whirled away like leaves before its breath.

All this sprang out of nothing.

Nothing in the texture of the general life had changed. The corn had not ceased to ripen in the sun. The rivers bore their barges and gave power to a myriad engines. The flocks fattened on the pastures, the herds were unnumbered. Men laboured everywhere in the various servitudes to which they were born, and chafed not more than usual in their bonds. Bellona tossed and murmured as ever, yet still slept her uneasy sleep. To all mankind save a million or two of half-crazed gamblers, blind to all reality, the death of Manderson meant nothing; the life and work of the world went on. Weeks before he died strong hands had been in control of every wire in the huge network of commerce and industry that he had supervised. Before his corpse was buried his countrymen had made a strange discovery—that the existence of the potent engine of monopoly that went by the name of Sigsbee Manderson had not been a condition of even material prosperity. The panic blew itself out in two days, the pieces were picked up, the bankrupts withdrew out of sight; the market “recovered a normal tone”.

While the brief delirium was yet subsiding there broke out a domestic scandal in England that suddenly fixed the attention of two continents. Next morning the Chicago Limited was wrecked, and the same day a notable politician was shot down in cold blood by his wife’s brother in the streets of New Orleans. Within a week of its rising, “the Manderson story”, to the trained sense of editors throughout the Union, was “cold”. The tide of American visitors pouring through Europe made eddies round the memorial or statue of many a man who had died in poverty; and never thought of their most famous plutocrat. Like the poet who died in Rome, so young and poor, a hundred years ago, he was buried far away from his own land; but for all the men and women of Manderson’s people who flock round the tomb of Keats in the cemetery under the Monte Testaccio, there is not one, nor ever will be, to stand in reverence by the rich man’s grave beside the little church of Marlstone.

Chapter II.
Knocking the Town Endways

In the only comfortably furnished room in the offices of the Record, the telephone on Sir James Molloy’s table buzzed. Sir James made a motion with his pen, and Mr. Silver, his secretary, left his work and came over to the instrument.

“Who is that?” he said. “Who?... I can’t hear you.... Oh, it’s Mr. Bunner, is it?... Yes, but... I know, but he’s fearfully busy this afternoon. Can’t you... Oh, really? Well, in that case—just hold on, will you?”

He placed the receiver before Sir James. “It’s Calvin Bunner, Sigsbee Manderson’s right-hand man,” he said concisely. “He insists on speaking to you personally. Says it is the gravest piece of news. He is talking from the house down by Bishopsbridge, so it will be necessary to speak clearly.”

Sir James looked at the telephone, not affectionately, and took up the receiver. “Well?” he said in his strong voice, and listened. “Yes,” he said. The next moment Mr. Silver, eagerly watching him, saw a look of amazement and horror. “Good God!” murmured Sir James. Clutching the instrument, he slowly rose to his feet, still bending ear intently. At intervals he repeated “Yes.” Presently, as he listened, he glanced at the clock, and spoke quickly to Mr. Silver over the top of the transmitter. “Go and hunt up Figgis and young Williams. Hurry.” Mr. Silver darted from the room.

The great journalist was a tall, strong, clever Irishman of fifty, swart and black-moustached, a man of untiring business energy, well known in the world, which he understood very thoroughly, and played upon with the half-cynical competence of his race. Yet was he without a touch of the charlatan: he made no mysteries, and no pretences of knowledge, and he saw instantly through these in others. In his handsome, well-bred, well-dressed appearance there was something a little sinister when anger or intense occupation put its imprint about his eyes and brow; but when his generous nature was under no restraint he was the most cordial of men. He was managing director of the company which owned that most powerful morning paper, the Record, and also that most indispensable evening paper, the Sun, which had its offices on the other side of the street. He was, moreover, editor-in-chief of the Record, to which he had in the course of years attached the most variously capable personnel in the country. It was a maxim of his that where you could not get gifts, you must do the best you could with solid merit; and he employed a great deal of both. He was respected by his staff as few are respected in a profession not favourable to the growth of the sentiment of reverence.

“You’re sure that’s all?” asked Sir James, after a few minutes of earnest listening and questioning. “And how long has this been known?... Yes, of course, the police are; but the servants? Surely it’s all over the place down there by now.... Well, we’ll have a try.... Look here, Bunner, I’m infinitely obliged to you about this. I owe you a good turn. You know I mean what I say. Come and see me the first day you get to town.... All right, that’s understood. Now I must act on your news. Goodbye.”

Sir James hung up the receiver, and seized a railway timetable from the rack before him. After a rapid consultation of this oracle, he flung it down with a forcible word as Mr. Silver hurried into the room, followed by a hard-featured man with spectacles, and a youth with an alert eye.

“I want you to jot down some facts, Figgis,” said Sir James, banishing all signs of agitation and speaking with a rapid calmness. “When you have them, put them into shape just as quick as you can for a special edition of the Sun.” The hard-featured man nodded and glanced at the clock, which pointed to a few minutes past three; he pulled out a notebook and drew a chair up to the big writing-table. “Silver,” Sir James went on, “go and tell Jones to wire our local correspondent very urgently, to drop everything and get down to Marlstone at once. He is not to say why in the telegram. There must not be an unnecessary word about this news until the Sun is on the streets with it—you all understand. Williams, cut across the way and tell Mr. Anthony to hold himself ready for a two-column opening that will knock the town endways. Just tell him that he must take all measures and precautions for a scoop. Say that Figgis will be over in five minutes with the facts, and that he had better let him write up the story in his private room. As you go, ask Miss Morgan to see me here at once, and tell the telephone people to see if they can get Mr. Trent on the wire for me. After seeing Mr. Anthony, return here and stand by.” The alert-eyed young man vanished like a spirit.

Sir James turned instantly to Mr. Figgis, whose pencil was poised over the paper. “Sigsbee Manderson has been murdered,” he began quickly and clearly, pacing the floor with his hands behind him. Mr. Figgis scratched down a line of shorthand with as much emotion as if he had been told that the day was fine—the pose of his craft. “He and his wife and two secretaries have been for the past fortnight at the house called White Gables, at Marlstone, near Bishopsbridge. He bought it four years ago. He and Mrs. Manderson have since spent a part of each summer there. Last night he went to bed about half-past eleven, just as usual. No one knows when he got up and left the house. He was not missed until this morning. About ten o’clock his body was found by a gardener. It was lying by a shed in the grounds. He was shot in the head, through the left eye. Death must have been instantaneous. The body was not robbed, but there were marks on the wrists which pointed to a struggle having taken place. Dr Stock, of Marlstone, was at once sent for, and will conduct the post-mortem examination. The police from Bishopsbridge, who were soon on the spot, are reticent, but it is believed that they are quite without a clue to the identity of the murderer. There you are, Figgis. Mr. Anthony is expecting you. Now I must telephone him and arrange things.”

Mr. Figgis looked up. “One of the ablest detectives at Scotland Yard,” he suggested, “has been put in charge of the case. It’s a safe statement.”

“If you like,” said Sir James.

“And Mrs. Manderson? Was she there?”

“Yes. What about her?”

“Prostrated by the shock,” hinted the reporter, “and sees nobody. Human interest.”

“I wouldn’t put that in, Mr. Figgis,” said a quiet voice. It belonged to Miss Morgan, a pale, graceful woman, who had silently made her appearance while the dictation was going on. “I have seen Mrs. Manderson,” she proceeded, turning to Sir James. “She looks quite healthy and intelligent. Has her husband been murdered? I don’t think the shock would prostrate her. She is more likely to be doing all she can to help the police.”

“Something in your own style, then, Miss Morgan,” he said with a momentary smile. Her imperturbable efficiency was an office proverb. “Cut it out, Figgis. Off you go! Now, madam, I expect you know what I want.”

“Our Manderson biography happens to be well up to date,” replied Miss Morgan, drooping her dark eyelashes as she considered the position. “I was looking over it only a few months ago. It is practically ready for tomorrow’s paper. I should think the Sun had better use the sketch of his life they had about two years ago, when he went to Berlin and settled the potash difficulty. I remember it was a very good sketch, and they won’t be able to carry much more than that. As for our paper, of course we have a great quantity of cuttings, mostly rubbish. The sub-editors shall have them as soon as they come in. Then we have two very good portraits that are our own property; the best is a drawing Mr. Trent made when they were both on the same ship somewhere. It is better than any of the photographs; but you say the public prefers a bad photograph to a good drawing. I will send them down to you at once, and you can choose. As far as I can see, the Record is well ahead of the situation, except that you will not be able to get a special man down there in time to be of any use for tomorrow’s paper.”

Sir James sighed deeply. “What are we good for, anyhow?” he enquired dejectedly of Mr. Silver, who had returned to his desk. “She even knows Bradshaw by heart.”

Miss Morgan adjusted her cuffs with an air of patience. “Is there anything else?” she asked, as the telephone bell rang.

“Yes, one thing,” replied Sir James, as he took up the receiver. “I want you to make a bad mistake some time, Miss Morgan—an everlasting bloomer—just to put us in countenance.” She permitted herself the fraction of what would have been a charming smile as she went out.

“Anthony?” asked Sir James, and was at once deep in consultation with the editor on the other side of the road. He seldom entered the Sun building in person; the atmosphere of an evening paper, he would say, was all very well if you liked that kind of thing. Mr. Anthony, the Murat of Fleet Street, who delighted in riding the whirlwind and fighting a tumultuous battle against time, would say the same of a morning paper.

It was some five minutes later that a uniformed boy came in to say that Mr. Trent was on the wire. Sir James abruptly closed his talk with Mr. Anthony.

“They can put him through at once,” he said to the boy.

“Hullo!” he cried into the telephone after a few moments.

A voice in the instrument replied, “Hullo be

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