THE FINANCIER 
by the Citizens' Municipal Reform Association, which 
was persistently probing into this affair, and it ran: 
The aspects of the case are graver than have yet been allowed to 
reach the public. Five hundred thousand dollars of the deficiency 
arises not from city bonds sold and not accounted for, but from loans 
made by the treasurer to his broker. The committee are also in- 
formed, on what they believe to be good authority, that the loans 
sold by the broker were accounted for in the monthly settlements 
at the lowest prices current during the month, and that the differ- 
ence between this rate and that actually realized was divided 
between the treasurer and the broker, thus making it the interest 
of both parties to "bear" the market at some time during the month, 
so as to obtain a low quotation for settlement. Nevertheless, the 
committee can only regard the prosecution instituted against the 
broker, Mr. Cowperwood, as an effort to divert public attention 
from more guilty parties while those concerned may be. able to 
"fix" matters to suit themselves. 
" There," thought Aileen, when she read it, " there 
you have it." These politicians were trying to put the 
blame of their own evil deeds on her Frank. He was not 
nearly as bad as he was painted. The report said so. 
She went over the lines where it said, " The committee can 
only regard the prosecution instituted against the broker, 
Mr. Cowperwood, as an effort to divert public attention 
from more guilty parties while those concerned may be 
able to ` fix' matters to suit themselves," with the most 
loving care. She gloated over the words "an effort 
to divert public attention from more guilty parties." 
That was just what her Frank had been telling her in 
those happy, private hours when they had been together 
recently in one place and another, particularly the 
new rendezvous in South Sixth Street which he had 
established, since the old one had to be abandoned. He 
had stroked her rich hair, caressed her body, and told her 
it was all a prearranged political scheme to cast the 
blame as much as possible on him and make it as light as 
possible for Stener and the party generally. He would 
come out of it all right, he said, but he cautioned her 
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