•Why it earns a slot
Why it earns a slot: it shows Crane inventing literary naturalism in real time, stripping heroism down to blind chance (the strongest swimmer drowns, the weakest survive) and applying the same cold eye to a gunfighter's bluff and a forgotten old woman's job hunt.
A ten-foot dinghy, a marshal's secret wedding, and an old woman swallowed by a crowd: Stephen Crane's 1898 collection turns near-misses into the whole point.
This distillation is written from the freely available original, which is always the better read when you have the time: Project Gutenberg.