Back from the coalfields, Henry Clay locked the door to his private office. He kept a brass telescope in the window, a powerful instrument made for a harbormaster, which he swept across the fronts of the office-building headquarters of Wall Street tycoons. An expert lip-reader, he fleshed out their conversations with information he had acquired by bribing the engineers and mechanicians who installed their voice tubes, telephones, and private telegraph lines to reroute them through his.

This morning he focused his spyglass on a one-hundred-thousand-dollar, life-size white marble sculpture—Auguste Rodin’s The Kiss—which decorated the private office of a steel magnate that Wall Street men rated more cold-blooded than robber baron Frick at his worst. He was the financial titan who forged the old empires of Carnegie and Frick into the United States Steel Corporation—Judge James Congdon.

Judge Congdon was unyielding in his opposition to union labor. As Clay focused on the old man’s lips, Congdon was haranguing a visitor, a rich owner of coal mines, who was listening attentively.

“Labor’s victory will be not to labor when modern machines work for them. Until then, they’ll accept their place in God’s estate, if I have anything to do with it. And I do. After machines replace them, God knows how they’ll spend their time.” He whirled abruptly to his desk, moving with startling speed for a man his age, and wrote a note in a flowing hand:

There will be great profit in providing them games.

Congdon’s visitor nodded obsequiously.

Clay focused his spyglass on the mineowner’s face and took pleasure in watching him squirm. “Black Jack Gleason,” he whispered. “Not such a big man here in Wall Street, are you?”

Gleason was standing in Congdon’s office, literally hat in hand, worrying the brim of his homburg with anxious fingers, while James Congdon bullied him. Even lip-reading only parts of their conversation, as Congdon occasionally turned his face from the window, it was clear to Clay that the financier was calling the tune. The biggest coal baron in West Virginia was no match for a Wall Street titan hell-bent on consolidating the industry. Congdon’s money controlled the steel mills, and the coking plants that bought coal, and the railroads that not only burned it in their locomotives but also set the rates to ship it.

“Have you read Darwin?” Congdon asked contemptuously.

“I don’t believe so, Mr. Congdon.”

“The weak perish, the fittest survive.”

“Oh yes, sir. I know who you mean.”

“Mr. Darwin knows his business. Wouldn’t you agree?”

“Yes. The weak die—perish. We’ll always have the poor. It’s the way of the world.”

“The way of the world,” said Congdon, “brings us to the business of digging coal less expensively than the next man. Wouldn’t you agree?”

Henry Clay, a painter like his mother though not as gifted, likened Congdon’s craggy face to a sunless, cold north slope gullied by storm water. It was no surprise, looking at that face, that Judge Congdon was the most powerful man in Wall Street, and Henry Clay’s chest filled with hope in the knowledge that he was about to hitch his wagon to an element as mighty as fire.