Excerpt
CHAPTER I.
When John Marsh, the steel man, died, there was considerable stir in the inner circles of New York society. And no wonder. The wealthy ironmaster's unexpected demise certainly created a most awkward situation. It meant nothing less than the social rehabilitation of a certain individual who, up to this time, had been openly snubbed, not to say deliberately "cut" by everybody in town. In other words, Society was compelled, figuratively speaking, to go through the humiliating and distasteful performance of eating crow. Circumstances alter cases. While the smart set was fully justified in making a brave show of virtuous indignation when one of its members so far forgot himself as to get kicked out of his club, it was only natural that the offending gentleman's peccadilloes were to be regarded in a more indulgent light when he suddenly fell heir to one of the biggest fortunes in the country.
It was too bad about "Jimmy" Marsh. His reputation was unsavory and he deserved all of it. Total lack of moral principle combined with an indolent, shiftless disposition had given him a distorted outlook on things. All his life he had been good for nothing, and at the age of forty he found himself a nuisance to himself and everybody else. Yet he was not without a natural cunning which sometimes passed for smartness, but he often overreached himself and committed blunders of which a clever man would never be guilty. To put it plainly, Jimmy was crooked. Fond of a style of living which he was not able to afford and desperate for funds with which to gratify his expensive tastes, he had foolishly attempted to cheat at cards. His notions of honor and common decency had always been nebulous, and when one night, in a friendly game, he clumsily tried to deal himself an ace from the bottom of the deck, not even the fact that he was the brother and sole heir of one of the richest men in the United States could save him from ignominious expulsion.
The affair made a great noise at the time, and the newspapers were full of its scandalous details. But the public soon forgets, and as to the newspapers—they found other victims. Besides, Jimmy's prospects were too bright to permit of him being dropped from sight altogether. It was not forgotten that one day he would step into his brother's shoes and then Society, willy nilly, would have to do homage to his money.
This rich brother, by the way, was largely responsible for Jimmy's undoing. They were both—he and John—the sons of poor English people who immigrated to America five years after John's birth. The father was a journeyman baker and started a small business in Pittsburg. Two cousins of the same name, William and Henry, haberdashers by trade, had likewise settled and prospered in New Jersey. Fifteen years later the mother died in giving birth to another son. The elder boy, a taciturn, hard-working lad with a taste for figures, had found employment in the steel industry, then in its infancy, but growing with giant strides. As he acquired experience, his position was improved until, before long, he was known as one of the most expert steel workers in the iron region. Suddenly, dire calamity befell the little family. One fateful morning, while making his early rounds, the baker was run over and killed by a railroad train. It was a staggering blow, but John rose manfully to the emergency. Silent, serious, masterful, his brain teeming with ideas that would revolutionize the entire steel trade, he stoically buried his progenitor and despatched the orphaned Jimmy to school.
The years passed. The discoveries of vast ore fields in Michigan and Wisconsin had made the United States the biggest producer of steel in the world. The pace set was terrific, orders poured in from all corners of the globe, plants were kept going night and day, a steady stream of gold flowed into the coffers of the delighted steelmakers who soon became millionaires over night....