THE FINANCIER 
better," and he would explain in a general way how his 
affairs were being handled. He conveyed much of his 
own optimism to all those who knew him and were inter- 
ested in his welfare, but of course there were many who 
were not. 
He and Steger were constantly appearing in courts of 
law; he was constantly being re-examined in some peti- 
tion in bankruptcy or waiting on some banker who 
might tell him something favorable a little later. It was 
a heartbreaking task, but he did not flinch. He wanted 
to stay in Philadelphia and fight the thing to a finish— 
putting himself where he had been before, rehabilitating 
himself in the eyes of the public. He felt that he could 
do it, too, if he were not actually sent to prison for a 
long term; and even then he might when he got out 
again; but he did not want to go to prison, and he did 
not want his quondam friends to be so pessimistic about 
his condition now. But he was in a very deep slough of 
despair, and only he could have seen any possibility of get- 
ting out of it so far as Philadelphia was concerned. 
His worst anxiety was that if he were sent to the pen- 
itentiary, or adjudged a bankrupt, or both, he would 
probably lose the privilege of a seat on 'change, and that 
would close to him the most distinguished avenue of his 
prosperity here in Philadelphia for some time, if not 
forever. At present, because of his complications, his 
seat had been attached as an asset, and he could not 
act. Edward and Joseph, almost the only employees he 
could afford, were still acting for him in a small way; but 
the other members of 'change naturally suspected his 
brothers as his agents, and any talk that they might 
raise of going into business for themselves merely indi- 
cated to other brokers and bankers that Cowperwood was 
contemplating some concealed move which would not 
necessarily be advantageous to his creditors, and against 
the law anyhow. Yet he must remain on 'change, what- 
ever happened, potentially if not actively; and so in his