6/31 The old gray buccaneer of stocks was like Andrew Jackson. His plan, thoroughly cautious and Scotch, had been laid to sell and sell and sell Northern Consolidated until the stock was beaten down to twenty. He would sell savagely, relentlessly, sell with his eyes shut, until the twenty point was reached. And if necessary, he would sell four hundred thousand shares. The general conflagration raging must of necessity smoke out thousands and thousands of innocent Northern Consolidated shares. |