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I hesitated.

“It’s Wall Street money,” I said.

“It’s railroad money,” he replied. “That may be all the same thing. But there’s no difficulty, really. It’s quite all right for anyone to do this. What’s wanted is the truth. Put in your own opinions of Wall Street if you like. Indeed, do that. Wall Street people are not as you think they are. Valentine is a particularly good sort and honest in his point of view. I vouch for the whole thing.”

So I took it; and thereafter posted to John J. Valentine, 130 Broadway, room 607, personal, a daily confidential report on the march of the Commonwealers.

I would not say that the fact of having a retainer in railroad money changed my point of view. It did somewhat affect my sense of values and my curiosity was extended.

For the purpose of the Valentine reports I made an intensive personal study of the Commonwealers. I asked them why they were doing it. Some took it as a sporting adventure, with no thought of the consequences, and enjoyed the mob spirit. Some were tramps who for the first time in their lives found begging respectable. But a great majority of them were earnest, wistful men, fairly aching with convictions, without being able to say what it was they had a conviction of, or what was wrong with the world. Their notions were incoherent. Nobody seemed very sanguine about the Coxey plan; nobody understood it, in fact; yet something would have to be done; people couldn’t live without work.