one in the morning
Instead of this he now saw that the supposed quarrellers had forgotten their differences , and were in the closest kind of an alliance to save the situation . He discovered that until prices had fallen fifty points neither of them had been in the market to any significant extent ; and that , to avert the appalling calamities which seemed imminent , both were ready if necessary to impoverish themselves or to take unusual risks of so doing . He learned the real causes of the panic , so far as these were not hidden from Merriman and Waters themselves , and when at last the two men decided what should be attempted , to what strategic points they should send re-enforcements , and just what assistance they should ask the Secretary of the Treasury to furnish , Brett felt that he had seen history in the making . Waters left the _ Sappho _ at one in the morning , and Brett was for going , too , but Merriman laid a hand on the young man 's shoulder and asked him to remain for a few moments . `` Now , my son , '' he said , `` you see how the panic has affected some of the so-called big interests . It may be that Waters and I ca n't do very much . But it will be good for you to remember that we tried ; it will make you perhaps see others in a more tolerant light .