THE COUKJER
11
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yet in such a way that those who were unsuccessful wished that
they had followed my advice, and those who met with success
thanked me for my opinion.
I enabled many friends to make money while experimenting with
my powers. I would read 6ome prominent operator's mind, learn
his projects, and inform one or more speculators or traders of what I
knew was to tako place and bid them to watch for results, well
knowing that if it started as I said it would they would trade, and
the profit realized would bind them to me.
At this time I concluded that J should meet with greater pecuni
ary success if I were to form a blind pool, which would givo mo
greater capital to work with. I did not enjoy speculation sufficient
ly well to continue long at it. I must make one play, make it a
grand success, and then leave the street forever, taking therofrom
only the money which the largo operators had taken from the pub
lic. To do this I saw some of my wealthy friends, and, without di
vulging my method, convinced them that I had a means of making us
all as .rich as we desired to be. and received from each a certain sum
of money to be used on the project, they to be informed of its nature
only after I could show them a certain profit.
I promised them this information for two reasons, One was to
increase their iaitn in me,
and the other to set them
talking among their friends
and thus become an uncon
scious aid to my success, it
necessary. The market con
tinued to back and fill to a
limited degree, nothing as
suming a permanent posi
tion. The "industrials" be
ing the most readily mani
pulated, because of the
mysteries always connected
with them, I decided to
select one for my operations.
The last government grain
report had shown a prospect
of a very short crop of corn.
This, I reasoned, would en
hance the price of the great
stock of glucose held by the
Glucose Trust, or would
give me an argument to
that effect, at any rate,
and form for me a basis
upon which to work. The
increase of the price of
glucose would naturally
make their certificates of
more value, they having
fallen very low dui ing the
sugar panic. Thus it was
that I selected glucose to
make my great coup in the
"street."
I then deposited ihe capital which I had received from my blind
pool with the Prudential Trust company, where I let it remain in
my name; in this manner showing its officials th't I was a man of
large financial resources. This I did with the purrse of eventually
arranging with the president and cashier to have my certificates
carried so that no one outside would become aware of my interest
in the deal, and so suspect the manipulator. Having selected the
security for my operations and determined upon the persons who
were to aid me under my hypnotic power, I set about the most difii
cult part of it all.
I was to read men's minds. I was to control their speculative
actions. I knew that the will of the patient once subjected, it is
ever after easily subdued. The first conflict and subjugation by a
higher will power leaves the subject weakened in will, and conse
quently in self-government and wil.h impaired self-control. To
make a thorough success I must have two parties at work. While
I intended making my profit on the bull side, I must also have
operators on the bear side for allies, or servants. I would use all
the machinery of the street to carry out my end. It is always con
sidered legitimate by the leaders in speculation to do this, and I saw
no reason, it I were about to play their game with them, why I
should hesitate to employ their methods, especially as I considered
myself a sort of public Nemesis appointed to regain a part of their
ill-gotten wealth.
I thereforo selected my bull leadors, following as nearly as I could
their well-known predilections for trading on one side or tho other
and became their intimate, fast friend. I devoted all my time to
them, until I had read their innermost thoughts. I now knew my
men and their methods. From this time on it would require all my
power, all my discrimination. Having arranged matters thus far, I
next began buying tho certificates in small quantities in a quiet
way, through some of my unimportant brokers, from whom I invar
iably took up tho certificates until I had accumulated some 10,000
or 12,000 shares. This I did without awakening suspicion by simply
holding all my purchases without having them transferred to my
name. In endeavoring to purchase the next 10,000 shares I found
there was no great quantity of them for sale at my price, and so I
must begin and influence others to "short" the stock, and thus aid
me. To do this I had inserted in tho Wall Street Syndicate an in
sinuation that a movement might be effected shortly in tho stock
and advised all readers to watch for it, as it might pay to go with it.
This was repeated in various forms for several days, while I was ob
taining control of my bear
leaders.
When I had obtained en
tire mastery over them I
compelled them to Bell the
stock short for themselves
and to advise their follow
ing to do the same to such
an extent that I was able
not only to accumulate the
second 10,000 shares, but
also 20,000 additional shares
all of which I took up aa
before. This I did without
the price changing more
than five or six points. I
now felt that I had most,
if not all, of the floating
stock in theBtreet, and must
allay suspicion. To do this
I directed the trust com
pany to loan my stock
through as many different
firms as possible. This
being accomplished I next
turned my attention to my
bull leaders, and, after
thoroughly hypnotizing
them, yet never relaxing
my power over tho bears, I
had them begin buying
tie shares as they were
offered upon the market, a
portion of which were
bought for my account. In
this way I started at a low basis, but with both sides working
in my interest; the bears selling the market with determination,
and my brokers taking all that was offered, and so maintaining the
price and keeping my bankers from becoming alarmed in any way.
I now applied myself determinedly to widen the breach and inflame
tho feeling between the buyers and the sellers until I aroused such
a feeling of antagonism that the battle could almost take care of
itself without my influence at all. This continued until the end of
tho week, when I found that I had accumulated, through my
various brokers, C0.C00 shares, in addition to those formerly taken
up. I now had 100,000 shares of "glucose common," with a large
short interest to support it (backed by a bitter feeling of rivalry,
engenderd to a great extent by the glucose directors, who were
among those who had sold out and had also gone short of their own
security). Abe it Co. and Hirsch tfe Co. were each carrying 15,000
shares for me, and were known to be the buyers who were support
ing the market. The remainder of the 100,000 I had in small lota
in various offices.
I had my 100,000 shares and the market price was about where it
had been at the time of my first purchasees. The ease with which
A
"I think your price is too much for doing the wash.
"Well ma'am, I wouldn't charge so much if you wuz a larger woman
Do does don't fit me.'"