THE FINANCIER 
most active in the bank, Mr. Davison kindly volunteered. 
When Mr. Cowperwood had failed there had been over 
ninety thousand dollars' worth of certificates of city loan 
in the bank's possession which Mr. Cowperwood had sent 
there as collateral. Mr. Shannon, on cross-examination, 
tried to find out for the sake of the effect on the jury 
whether Mr. Davison was not for some ulterior motive 
especially favorable to Mr. Cowperwood. It was not 
possible for him to do that. Mr. Steger followed, and did 
his best to render the favorable points made by Mr. 
Davison in Mr. Cowperwood's behalf perfectly clear to 
the jury by having him repeat them. Mr. Shannon 
objected, of course, but it was of no use. Mr. Steger 
managed to get in his point. 
Steger now decided to have Cowperwood take the 
stand, and at the mention of the latter's name in this 
connection the whole court-room bristled up. 
Cowperwood came forward briskly and quickly, and 
one could scarcely expect a witness to present a surer, 
more effective, more reasonable appearance on the witness- 
stand. He was so calm, so jaunty, so defiant of life, and 
yet so courteous to it. These lawyers, this jury, this 
straw-and-water judge, these machinations of fate, did 
not basically disturb or humble or weaken him. He saw 
through the mental equipment of the jury at once. He 
estimated Mr. Shannon and Mr. Steger at their true 
and respective worths. He wanted to assist Mr. Steger 
to disturb and confuse Mr. Shannon, but his reason told 
him that only an indestructible fabric of fact or seeming 
would do it. He believed in the financial rightness of 
the thing he had done. He was entitled to do it. Life 
was war—particularly financial life; and strategy was 
its keynote, its duty, its necessity. Why should he 
bother about petty, picayune minds which could not 
understand this? He did not propose to bother. His 
business was to deceive or to elude them, to feed their 
voracious non-understanding with a fat seeming of some