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)