
for the foolish break in prices. Leaders of finance rushed to the exchanges trying by arguments and
expostulations to arrest the downfall, but in vain.
In the afternoon, however, reason partially resumed its sway; then a quick recovery was felt, and many
who had rushed to sell all they had, found cause to regret their precipitancy. The next day all was on the
mend, as far as the stock market was concerned, but among the people at large the poison of awakened
credulity continued to spread, nourished by fresh announcements from the fountain head.
Cosmo issued another statement to the effect that he had perfected plans for an ark of safety, which he
would begin at once to construct in the neighborhood of New York, and he not only offered freely to
give his plans to any who wished to commence construction on their own account, but he urged them, in
the name of Heaven, to lose no time. This produced a prodigious effect, and multitudes began to be
infected with a nameless fear.
Meanwhile an extraordinary scene occurred, behind closed doors, at the headquarters of the Carnegie
Institution in Washington. Joseph Smith, acting under Cosmo Versal's direction, had forwarded an
elaborateprecisof the latter's argument, accompanied with full mathematical details, to the head of the
institution. The character of this document was such that it could not be ignored. Moreover, the savants
composing the council of the most important scientific association in the world were aware of the state of
the public mind, and felt that it was incumbent upon them to do something to allay the alarm. Of late years
a sort of supervisory control over scientific news of all kinds had been accorded to them, and they
appreciated the fact that a duty now rested upon their shoulders.
Accordingly, a special meeting was called to consider the communication from Cosmo Versal. It was the
general belief that a little critical examination would result in complete proof of the fallacy of all his work,
proof which could be put in a form that the most uninstructed would understand.
But the papers, diagrams, and mathematical formulae had no sooner been spread upon the table under
the knowing eyes of the learned members of the council, than a chill of conscious impuissance ran through
them. They saw that Cosmo's mathematics were unimpeachable. His formulae were accurately deduced,
and his operations absolutely correct.
They could do nothing but attack his fundamental data, based on the alleged revelations of his new form
of spectroscope, and on telescopic observations which were described in so much detail that the only
way to combat them was by the general assertion that they were illusory. This was felt to be a very
unsatisfactory method of procedure, as far as the public was concerned, because it amounted to no more
than attacking the credibility of a witness who pretended to describe only what he himself had seen—and
there is nothing so hard as to prove a negative.
Then, Cosmo had on his side the whole force of that curious tendency of the human mind which
habitually gravitates toward whatever is extraordinary, revolutionary, and mysterious.
But a yet greater difficulty arose. Mention has been made of the strange bulletin from the Mount
McKinley observatory. That had been incautiously sent out to the public by a thoughtless observer, who
was more intent upon describing a singular phenomenon than upon considering its possible effect on the
popular imagination. He had immediately received an expostulatory dispatch from headquarters which
henceforth shut his mouth—but he had told the simple truth, and how embarrassing that was became
evident when, on the very table around which the savants were now assembled, three dispatches were
laid in quick succession from the great observatories of Mount Hekla, Iceland, the North Cape, and
Kamchatka, all corroborating the statement of the Mount McKinley observer, that an inexplicable veiling
of faint stars had manifested itself in the boreal quarter of the sky.
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