First, I claim that the unit ball of $Y^*$ is mapped into a bounded subset of $X^*$. This follows from the Banach-Steinhaus theorem. If $x \in X$, then $(f \circ T)(x) = f(T(x))$ is bounded as $f$ ranges over the elements of $Y^*$ of norm at most one. So we have the collection $\mathcal{C}$ of functionals $f \circ T$ on $X$, such that for each $x \in X$, $\sup_{r \in \mathcal{C}} ||r(x)|| < \infty$. This implies that $\mathcal{C}$ is a bounded set and that the transpose of $T$ is bounded.
Now, if the transpose of a linear transformation $T$ is bounded by some $C$, then $T$ is itself bounded by $C$ (to see this, suppose $x \in X$ is of norm at most one; then the claim is that $|\ell(T(x))| \leq C$ for $\ell$ a functional on $Y$ of norm at most one, which is equivalent by Hahn-Banach. But this is $
|T^*(\ell)(x)|$, which by assumption is of norm at most $C$).