young men wasting their summer at Quincy for want of someone to hire their services at three dollars a day, such a dramatic scandal was Heaven-sent. Charles and Henry Adams jumped at it like salmon at a fly, with as much voracity as Jay Gould, or his âme damnée Jim Fisk, had ever shown for Erie; and with as little fear of consequences. They risked something; no one could say what; but the people about the Erie office were not regarded as lambs.

The unravelling a skein so tangled as that of the Erie Railway was a task that might have given months of labor to the most efficient District Attorney, with all his official tools to work with. Charles took the railway history; Henry took the so-called Gold Conspiracy; and they went to New York to work it up. The surface was in full view. They had no trouble in Wall Street, and they paid their respects in person to the famous Jim Fisk in his Opera-House Palace; but the New York side of the story helped Henry little. He needed to penetrate the political mystery, and for this purpose he had to wait for Congress to meet. At first he feared that Congress would suppress the scandal, but the Congressional Investigation was ordered and took place. He soon knew all that was to be known; the material for his essay was furnished by the Government.

Material furnished by a government seldom satisfies critics or historians, for it lies always under suspicion. Here was a mystery, and as usual, the chief mystery was the means of making sure that any mystery existed. All Adams’s great friends⁠—Fish, Cox, Hoar, Evarts, Sumner, and their surroundings⁠—were precisely the persons most mystified. They knew less than Adams did; they sought information, and frankly admitted that their relations with the White House and the Treasury were not confidential. No one volunteered advice. No one offered suggestion. One got no light, even from the press, although press agents expressed in private the most damning convictions with their usual cynical frankness. The Congressional Committee took a quantity of evidence which it dared not probe, and refused to analyze. Although the fault lay somewhere on the Administration, and could lie nowhere else, the trail always faded and died out at the point where any member of the Administration became visible. Everyone dreaded to press inquiry. Adams himself feared finding out too much. He found out too much already, when he saw in evidence that Jay Gould had actually succeeded in stretching his net over Grant’s closest surroundings, and that Boutwell’s incompetence was the bottom of Gould’s calculation. With the conventional air of assumed confidence, everyone in public assured everyone else that the President himself was the savior of the situation, and in private assured each other that if the President had not been caught this time, he was sure to be trapped the next, for the ways of Wall Street were dark and double. All this was wildly exciting to Adams. That Grant should have fallen, within six months, into such a morass⁠—or should have let Boutwell drop him into it⁠—rendered the outlook for the next four years⁠—probably eight⁠—possibly twelve⁠—mysterious, or frankly opaque, to a young man who had hitched his wagon, as Emerson told him, to the star of reform. The country might outlive it, but not he. The worst scandals of the eighteenth century were relatively harmless by the side of this, which smirched executive, judiciary, banks, corporate systems, professions, and people, all the great active forces of society, in one dirty cesspool of vulgar corruption. Only six months before, this innocent young man, fresh from the cynicism of European diplomacy, had expected to enter an honorable career in the press as the champion and confidant of a new Washington, and already he foresaw a life of wasted energy, sweeping the stables of American society clear of the endless corruption which his second Washington was quite certain to breed.

By vigorously shutting one’s eyes, as though one were an Assistant Secretary, a writer for the press might ignore the Erie scandal, and still help his friends or allies in the Government who were doing their best to give it an air of decency; but a few weeks showed that the Erie scandal was a mere incident, a rather vulgar Wall Street trap, into which, according to one’s point of view Grant had been drawn by Jay Gould, or Jay Gould had been misled by Grant. One could hardly doubt that both of them were astonished and disgusted by the result; but neither Jay Gould nor any other astute American mind⁠—still less the complex Jew⁠—could ever have accustomed itself to the incredible and inexplicable lapses of Grant’s intelligence; and perhaps, on the whole, Gould was the less mischievous victim, if victims they both were. The same laxity that led Gould into a trap which might easily have become the penitentiary, led the United States Senate, the Executive departments and the Judiciary into confusion, cross-purposes, and ill-temper that would have been scandalous in a boarding-school of girls. For satirists or comedians, the study was rich and endless, and they exploited its corners with happy results, but a young man fresh from the rustic simplicity of London noticed with horror that the grossest satires on the American Senator and politician never failed to excite the laughter and applause of every audience. Rich and poor joined in throwing contempt on their own representatives. Society laughed a vacant and meaningless derision over its own failure. Nothing remained for a young man without position or power except to laugh too.

Yet the spectacle was no laughing matter to him, whatever it might be to the public. Society is immoral and immortal; it can afford to commit any kind of folly, and indulge in any sort of vice; it cannot be killed, and the fragments that survive can always laugh at the dead; but a young man has only one chance, and brief time

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