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PART II

Many

Schools in

Ohe

N

OT FAR

from the spot where

the

Indian chief who

sold Henry Hudson the Island of Manhattan

coined the expression, "Here's how!" when he tackled the

bottle of rum that the crafty Britisher-temporarily a

Dutchman-threw after his twenty-four dollars to bind

the bargain; not far from that spirituous spot, in later

years, arose a mighty hotel. In one of its great halls, dis–

ciples, if not descendants, of the noble red man were wont

to assemble every afternoon, and to preface, as well as con–

clude, with his utterance on that merporable occasion,

deals which caused the original New York real estate

speculation to dwindle to the proportions of a fly-speck.

What some of those men did, under the influence of a

just-ended session of the Stock Exchange, of the news–

ticker that kept discharging its tape into a waste-basket,

and possibly-and probably--of what was dispensed in

that hall by a dozen talented bartenders, helped make

American history. Men staked fortunes there; they

formed pools;

th.~y

plotted to corner markets. For years

[II)