Chapter 3
Chapter 3 — "The Top and the Bottom"
TL;DR: In a smoke-filled penthouse bar atop a Manhattan skyscraper, James Taggart, Orren Boyle, Wesley Mouch, and Paul Larkin trade favors to crush competitors and capture the regulatory state — while far below, in the Taggart workers' commissary, Eddie Willers confides his fears about the railroad to a quiet, attentive worker whose name we are not given.

Summary: At a private bar on the roof of a Manhattan skyscraper, four men meet in low light: James Taggart of Taggart Transcontinental, Orren Boyle of Associated Steel, Paul Larkin (Hank Rearden's "friend"), and Wesley Mouch (Rearden's lobbyist in Washington). Boyle wants federal action against Rearden Steel; Larkin will deliver Rearden's iron-ore supply into safer hands; Taggart will see to it that the Phoenix-Durango Railroad — the upstart that has been hauling Ellis Wyatt's oil out of Colorado — is destroyed by an "Anti-dog-eat-dog Rule" issued by a captive industry board. They speak in euphemisms about "the public good" and toast vague triumphs. The chapter then drops, literally, beneath the city: in the underground commissary of the Taggart Terminal, Eddie Willers eats with a railroad worker he eats with often but knows nothing about. He talks freely — the Rio Norte, Dagny, Rearden Metal, his fears for the railroad — and the worker listens with steady, intent attention, asking the precise questions that draw out more.
Key scenes:
- Penthouse bar above Manhattan: amber light, leather chairs, four men in evening clothes, the city a field of distant lights below
- The deal — Boyle gets the Anti-dog-eat-dog Rule that will throttle Phoenix-Durango; Larkin gets Rearden's ore mines; Mouch gets a Washington promotion; Taggart escapes blame
- A descent in elevator and stairs to the underground level of Taggart Terminal
- The workers' commissary: long tables, white tile, fluorescent light, cheap food
- Eddie talking, the unnamed worker listening — the conversation lit only by overhead tube lights, the worker's face partly in shadow
Characters present: James Taggart, Orren Boyle, Wesley Mouch, Paul Larkin, Eddie Willers, the unnamed Taggart worker (later revealed to be John Galt — withhold here)
Locations / settings:
- Skyscraper rooftop bar — leather, amber, smoke, Manhattan grid below
- Taggart Terminal underground levels — concrete vaults, distant rumble of trains
- Workers' commissary — long communal tables, fluorescent ceiling tubes, steam from the food line
Visual motifs: four scheming silhouettes against an amber-lit city, smoke curling under low light; one lit cigarette glowing red; vertical contrast — sky-high penthouse vs. underground tunnel commissary; a single attentive face listening across a cafeteria table
Emotional tone: corrupt, conspiratorial above; intimate, quietly mysterious below
Confidence: high — well-documented chapter; the unnamed worker's identity is famously withheld until late in the book.