The rich, who had not been so quick to take alarm, were reassured more slowly.  But at the Stock Exchange a group of “bulls” spread optimistic rumours and by a powerful effort put a brake upon the fall in prices.  Business improved.  Newspapers with big circulations supported the movement.  With patriotic eloquence they depicted capital as laughing in its impregnable position at the assaults of a few dastardly criminals, and public wealth maintaining its serene ascendency in spite of the vain threats made against it.  They were sincere in their attitude, though at the same time they found it benefited them.  Outrages were forgotten or their occurrence denied.  On Sundays, at the race-meetings, the stands were adorned by women covered with pearls and diamonds.  It was observed with joy that the capitalists had not suffered.  Cheers were given for the multi-millionaires in the saddling rooms.

On the following day the Southern Railway Station, the Petroleum Trust, and the huge church built at the expense of Thomas Morcellet were all blown up.  Thirty houses were in flames, and the beginning of a fire was discovered at the docks.  The firemen showed amazing intrepidity and zeal.  They managed their tall fire-escapes with automatic precision, and climbed as high as thirty storeys to rescue the luckless inhabitants from the flames.  The soldiers performed their duties with spirit, and were given a double ration of coffee.  But these fresh casualties started a panic.  Millions of people, who wanted to take their money with them and leave the town at once, crowded the great banking houses.  These establishments, after paying out money for three days, closed their doors amid mutterings of a riot.  A crowd of fugitives, laden with their baggage, besieged the railway stations and took the town by storm.  Many who were anxious to lay in a stock of provisions and take refuge in the cellars, attacked the grocery stores, although they were guarded by soldiers with fixed bayonets.  The public authorities displayed energy.  Numerous arrests were made and thousands of warrants issued against suspected persons.

During the three weeks that followed no outrage was committed.  There was a rumour that bombs had been found in the Opera House, in the cellars of the Town Hall, and beside one of the Pillars of the Stock Exchange.  But it was soon known that these were boxes of sweets that had been put in those places by practical jokers or lunatics.  One of the accused, when questioned by a magistrate, declared that he was the chief author of the explosions, and said that all his accomplices had lost their lives.  These confessions were published by the newspapers and helped to reassure public opinion.  It was only towards the close of the examination that the magistrates saw they had to deal with a pretender who was in no way connected with any of the crimes.