he details of these struggles we are not concerned. The "inside" history of many of them will never be known; in almost every case it differs materially from the story which appeared in the papers. Jim became famous and was libelled and flattered, respected and abused, by turns; but always he was feared. He was supposed to be dishonest, and it is true he did not scruple to use his enemies' weapons; but at directors' meetings it was the interest of the stockholders that he fought for.
Men wondered at his success, and over their cigars gravely discussed the reasons for it. Some said it was sheer good luck that turned what he touched to gold, some laid it to his start, and others to his cool, dispassionate strategy. To some extent it was all of these things; but more than anything else he had won as a bulldog does, by hanging on. Often he had beaten better strategists simply by keeping up the fight when by all the rules he was beaten. For as the comrade of long ago had said, "it took a lot of pounding to