MARKET MANIPULATION 103 



When I told him I had none to loan he left 

 me in some agitation. When he returned, the 

 bid for a day's use of gold had risen to one-half 

 per cent and the time for delivery was near. 

 This time his manner was ingratiating as he ex- 

 plained that he had overloaned two hundred 

 thousand by mistake at a quarter per cent and 

 trusted that as his associate I would save him 

 from loss by letting him have the gold at the 

 same rate. I told him that as his associate I 

 had been carrying a big load of my own gold at 

 heavy cost that he might get a quarter per cent 

 a day on his. I added that if he paid me about 

 one per cent over night for the two hundred 

 thousand he had overloaned by mistake it would 

 about square matters between us. 



I don't remember the exact words of his heated 

 reply nor what would happen before he would 

 pay me two thousand dollars for the use of two 

 hundred thousand gold, but I do recall that he 

 asked me what my father, a minister of the gos- 

 pel, would say if he knew what a wicked advan- 

 tage I was trying to take of a man of the same 



