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Chapter¡¡XXIII
Then£»¡¡after¡¡several¡¡years¡¡of¡¡this¡¡secret¡¡relationship£»¡¡in¡¡which¡¡the¡¡ties¡¡of¡¡sympathy¡¡and¡¡understanding¡¡grew¡¡stronger¡¡instead¡¡of¡¡weaker£»¡¡came¡¡the¡¡storm¡£¡¡¡¡It¡¡burst¡¡unexpectedly¡¡and¡¡out¡¡of¡¡a¡¡clear¡¡sky£»¡¡and¡¡bore¡¡no¡¡relation¡¡to¡¡the¡¡intention¡¡or¡¡volition¡¡of¡¡any¡¡individual¡£¡¡¡¡It¡¡was¡¡nothing¡¡more¡¡than¡¡a¡¡fire£»¡¡a¡¡distant¡¡onethe¡¡great¡¡Chicago¡¡fire£»¡¡October¡¡7th£»¡¡1871£»¡¡which¡¡burned¡¡that¡¡city¡¡its¡¡vast¡¡commercial¡¡sectionto¡¡the¡¡ground£»¡¡and¡¡instantly¡¡and¡¡incidentally¡¡produced¡¡a¡¡financial¡¡panic£»¡¡vicious¡¡though¡¡of¡¡short¡¡duration¡¡in¡¡various¡¡other¡¡cities¡¡in¡¡America¡£¡¡¡¡The¡¡fire¡¡began¡¡on¡¡Saturday¡¡and¡¡continued¡¡apparently¡¡unabated¡¡until¡¡the¡¡following¡¡Wednesday¡£¡¡¡¡It¡¡destroyed¡¡the¡¡banks£»¡¡the¡¡commercial¡¡houses£»¡¡the¡¡shipping¡¡conveniences£»¡¡and¡¡vast¡¡stretches¡¡of¡¡property¡£¡¡¡¡The¡¡heaviest¡¡loss¡¡fell¡¡naturally¡¡upon¡¡the¡¡insurance¡¡companies£»¡¡which¡¡instantly£»¡¡in¡¡many¡¡casesthe¡¡majorityclosed¡¡their¡¡doors¡£¡¡¡¡This¡¡threw¡¡the¡¡loss¡¡back¡¡on¡¡the¡¡manufacturers¡¡and¡¡wholesalers¡¡in¡¡other¡¡cities¡¡who¡¡had¡¡had¡¡dealings¡¡with¡¡Chicago¡¡as¡¡well¡¡as¡¡the¡¡merchants¡¡of¡¡that¡¡city¡£¡¡¡¡Again£»¡¡very¡¡grievous¡¡losses¡¡were¡¡borne¡¡by¡¡the¡¡host¡¡of¡¡eastern¡¡capitalists¡¡which¡¡had¡¡for¡¡years¡¡past¡¡partly¡¡owned£»¡¡or¡¡held¡¡heavy¡¡mortgages¡¡on£»¡¡the¡¡magnificent¡¡buildings¡¡for¡¡business¡¡purposes¡¡and¡¡residences¡¡in¡¡which¡¡Chicago¡¡was¡¡already¡¡rivaling¡¡every¡¡city¡¡on¡¡the¡¡continent¡£¡¡¡¡Transportation¡¡was¡¡disturbed£»¡¡and¡¡the¡¡keen¡¡scent¡¡of¡¡Wall¡¡Street£»¡¡and¡¡Third¡¡Street¡¡in¡¡Philadelphia£»¡¡and¡¡State¡¡Street¡¡in¡¡Boston£»¡¡instantly¡¡perceived¡¡in¡¡the¡¡early¡¡reports¡¡the¡¡gravity¡¡of¡¡the¡¡situation¡£¡¡¡¡Nothing¡¡could¡¡be¡¡done¡¡on¡¡Saturday¡¡or¡¡Sunday¡¡after¡¡the¡¡exchange¡¡closed£»¡¡for¡¡the¡¡opening¡¡reports¡¡came¡¡too¡¡late¡£¡¡¡¡On¡¡Monday£»¡¡however£»¡¡the¡¡facts¡¡were¡¡pouring¡¡in¡¡thick¡¡and¡¡fast£»¡¡and¡¡the¡¡owners¡¡of¡¡railroad¡¡securities£»¡¡government¡¡securities£»¡¡street¡car¡¡securities£»¡¡and£»¡¡indeed£»¡¡all¡¡other¡¡forms¡¡of¡¡stocks¡¡and¡¡bonds£»¡¡began¡¡to¡¡throw¡¡them¡¡on¡¡the¡¡market¡¡in¡¡order¡¡to¡¡raise¡¡cash¡£¡¡¡¡The¡¡banks¡¡naturally¡¡were¡¡calling¡¡their¡¡loans£»¡¡and¡¡the¡¡result¡¡was¡¡a¡¡stock¡¡stampede¡¡which¡¡equaled¡¡the¡¡Black¡¡Friday¡¡of¡¡Wall¡¡Street¡¡of¡¡two¡¡years¡¡before¡£
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¡¨Ho£¡¡¡Extra£¡¡¡Extra£¡¡¡All¡¡about¡¡the¡¡big¡¡Chicago¡¡fire£¡¡¨
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The¡¡cries¡¡were¡¡long¡drawn¡out£»¡¡ominous£»¡¡pathetic¡£¡¡¡¡In¡¡the¡¡dusk¡¡of¡¡the¡¡dreary¡¡Sunday¡¡afternoon£»¡¡when¡¡the¡¡city¡¡had¡¡apparently¡¡retired¡¡to¡¡Sabbath¡¡meditation¡¡and¡¡prayer£»¡¡with¡¡that¡¡tinge¡¡of¡¡the¡¡dying¡¡year¡¡in¡¡the¡¡foliage¡¡and¡¡in¡¡the¡¡air£»¡¡one¡¡caught¡¡a¡¡sense¡¡of¡¡something¡¡grim¡¡and¡¡gloomy¡£
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