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We had numerous conferences, and none of my associates agreed with me that it was possible to sell so many lots at one session, but I was absolutely firm and insisted that it be tried. I conceded that I would stop the auction if I found that the purchasers had been exhausted, or that the lots were being sold at a loss. Thousands of people visited the property on the preceding Saturdays and Sundays. We could have sold the property on the 26th of May without having made our final payment, and could have used the proceeds of the sale for that purpose, but to avoid any possible question as to whether we had taken title or not, we closed the title on the day before the sale. As we were about leaving Morton, Bliss & Company’s offices, both Bliss and Morton expressed the wish that we might have a great success the next day, and the genial Vice-President of the United States added: “If there is anything I can do, please call upon me.” In response, I asked him whether he would come over to the auction-room and if necessary, to convince the public of our authority to sell the property, whether he would make a statement from the auctioneer’s stand. He consented to do so and waited at his office until I notified him that there was no need of his remaining any longer.

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