Gretry, Converse & Co. was the name of the brokerage firm that always handled Jadwin’s rare speculative ventures. Converse was dead long since, but the firm still retained its original name. The house was as old and as well established as any on the Board of Trade. It had a reputation for conservatism, and was known more as a Bear than a Bull concern. It was immensely wealthy and immensely important. It discouraged the growth of a clientele of country customers, of small adventurers, knowing well that these were the first to go in a crash, unable to meet margin calls, and leaving to their brokers the responsibility of their disastrous trades. The large, powerful Bears were its friends, the Bears strong of grip, tenacious of jaw, capable of pulling down the strongest Bull. Thus the firm had no consideration for the “outsiders,” the “public”⁠—the Lambs. The Lambs! Such a herd, timid, innocent, feeble, as much out of place in La Salle Street as a puppy in a cage of panthers; the Lambs, whom Bull and Bear did not so much as condescend to notice, but who, in their mutual struggle of horn and claw, they crushed to death by the mere rolling of their bodies.

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