The Rapids by Alan Sullivan — Read

Around the neck of every great industrial undertaking is hung a chain of unlovely parasites, who fatten on the interruptions to its progress and the fluctuations in its success. These men create nothing -- contribute nothing. Playing on the fears and hopes and untempered weakness of the public, they reap where they do not sow and feed the speculative appetite of millions. To them it is negligible whether good men go down or honest effort is rewarded. Predatory by nature and unscrupulous in action, they prey upon their fellows, and, like the wolf, are strangers to mercy and compassion. Their wealth is not an asset to the world, because it represents nothing they have originated, but only that which they have filched from others less shrewd and unscrupulous. They do not hesitate to magnify the false or to bring to ruin what they find most profitably assailable. They have respect for neither genius nor labor, but juggle with the efforts of both in a fierce game for gold.

As the gong struck on the Philadelphia Exchange next morning, a well known operator associated with Marsham's firm threw five thousand shares of Consolidated on the market. It was taken at forty-eight, a loss of two points, and in that first transaction the value of the entire enterprise shrank by half a million.