Chapter 3: Wall Street Shorting Bloodshed in Cotton Futures

Eleanor unlocked the encrypted journal with Dr. Voss's severed finger, and fluorescent writing suddenly emerged from the yellowed pages, "July 12, 1861, 300% premium on cotton futures in Charleston Harbor - short it with a 21st-century model of a Federal Reserve rate hike. " She stared at the cotton bales piled high in the plantation warehouse and suddenly ripped her girdle open and let loose a laugh that startled the dodo roosting outside the window.

"Babies, time to change your homework." She dragged her three foster children into the den and drew K-line charts on the mirror with lipstick. The oldest, CSA-01, stared at the volatility curve, his mechanical pupils flashing binary blue, "Mom, this game called 'Leveraged Shorting'...it's more fun than blowing up an arsenal."

Three days later, the Georgia Commodity Exchange is crowded with eight-bearded speculators, and Eleanor enters wearing a black veil, as the electronic screen (a pseudo-technology converted by the Travelers from a telegraph) is showing the price of cotton rising to $1.20 per pound. She slaps the full deed in front of the trader, "Ten times leverage, short the August futures contract."

"Ma'am, are you crazy?" The pot-bellied chairman of the exchange snickered, "With the North blockading the Mississippi, cotton will only..."

His words were interrupted by the sudden intrusion of his adopted sons, CSA-02 climbed up onto the trading counter and dripped nitro-glycerine spit onto the quote sheet, "Mama says when all the fools are chasing the bulls...," CSA-03 picked up, "it's time to detonate their crotches. "

That night, Eleanor anonymously breaks the news to the New York Times, using a telegraph stolen from the lab: the British textile mills have enough stockpiles to last three years. Early the next morning, cotton futures plummeted 60 percent, and she made enough gold to buy the entire Georgia Cavalry Regiment. While bankrupt slaveholders hanged themselves in front of the exchange, she was teaching her children to build dominoes out of gold bars: "Remember, capital never sleeps-but a leek's life is lighter than cotton."