Cover of The Golden Flood

The Golden Flood

  • Free to read
  • 2 hours to read
  • 3 chapters
  • Reading level: 7th grade

"The Golden Flood" by Edwin Lefevre is a novel written in the early 20th century. It focuses on the enigmatic character, George Kitchell Grinnell, a young man who astonishes a Wall Street bank president with his extraordinary deposits of gold, raising suspicion and awe in equal measure. The narrative delves into themes of wealth, power, and the implications of sudden financial upheaval. The opening portion introduces the characters and sets the stage for a financial mystery. Grinnell first visits the Metropolitan National Bank and deposits a substantial amount, quickly escalating his deposits to millions, which piques the curiosity of the bank president, Mr. Dawson. As Grinnell continues to deposit increasingly larger sums, Dawson becomes concerned about the source of such wealth and the potential implications for the broader financial system. The story hints at Grinnell's secretive nature and raises questions about his intentions and the dangers his wealth could pose to the economic landscape. The tension builds as Dawson feels both compelled and threatened by Grinnell's unprecedented financial presence.

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  • Capitalists and financiers
  • Speculation
  • Wall Street (New York, N.Y.)

Read the opening

Part One: The Flood

The president looked up from the underwriters’ plan of the latest “Industrial” consolidation capital stock, $100,000,000; assets, for publication, $100,000,000 which the syndicate’s lawyers had pronounced perfectly legal. Judiciously advertised, the stock probably would be oversubscribed. The profits ought to be enormous. He was one of the underwriters.

“What is it?” he asked. He did not frown, but his voice was as though hung with icicles. The assistant cashier, an imaginative man in the wrong place, shivered.

“This gentleman,” he said, giving a card to the president, “wishes to make a deposit of one hundred thousand dollars.”

The president looked at the card. He read on it:

MR. GEORGE KITCHELL GRINELL

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Contents

  1. Part One: The Flood
  2. Part Two: The Gold
  3. Part III: The Paradoxical Panic

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About this edition

This free edition of The Golden Flood by Edwin Lefevre comes from Project Gutenberg eBook #51943, released 2016-05-02. It is in the public domain in the United States, so you can read it here in full at no cost, on any phone, tablet or computer. Genre: Novels.

Summary provided by Project Gutenberg (automatically generated).

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