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Phillips, David Graham, 1867-1911

"The Price She Paid"

The rat, in the very top of the cage, watched
the floor sink, watched the water rise. And as it watched
it uttered a strange, shrill, feeble sound which she could
still remember distinctly and terribly. It seemed to her
now that if she were to utter any sound at all, it would
be that one.

II
ON the Monday before Thanksgiving, Presbury went
up to New York to look after one of the little
speculations in Wall Street at which he was so clever.
Throughout the civilized world nowadays, and especially
in and near the great capitals of finance, there is a class
of men and women of small capital and of a character
in which are combined iron self-restraint, rabbit-like
timidity, and great shrewdness, who make often a not
inconsiderable income by gambling in stocks. They
buy only when the market is advancing strongly; they
sell as soon as they have gained the scantest margin of
profit. They never permit themselves to be tempted by
the most absolute certainty of larger gains. They will
let weeks, months even, go by without once risking a
dollar.


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