Bidwell's Travels, from Wall Street to London Prison: Fifteen Years in SolitudeBidwell, Austin
General
Bidwell's Travels, from Wall Street to London Prison: Fifteen Years in Solitude
Bidwell, Austin
Bank fraud -- England; Bank of England; Bidwell, Austin; Criminals -- Biography
It would seem he was keeping up what in the polite language of society
are known as dual houses. A woman of brilliant beauty presided over one,
and the marvelous beauty of its mistress was only equaled by her
extravagance. He also had a fondness for associating with younger men
than himself, and had got into a particularly fast set of young lords
and army men. At his club he had lost large sums at baccarat and loo,
and, in an unhappy hour for himself and his, he stooped from his high
position and--miserable to think of--committed a crime. This, in the
expectation that he would relieve himself from some of the more crushing
obligations he had heaped upon himself, either through the extravagant
vagaries of his imperious mistress, or by his own rashness in trying his
luck among a lot of titled sharpers. He had among his clients one fast,
even madly extravagant youth, heir of an historic name and of a lordly
estate. To supply his extravagance "my lord" had applied to the money
lenders--those sharks that in London, as elsewhere, fatten on such game.
These gentry were eager to lend the young blood money upon what are
known in English law as post-obits, which loans in this particular case
carried the trifling interest of about 100 per cent. per annum. James
was cognizant of his friend's excursions among the money lenders, and no
doubt he thought the young spendthrift, when he came into his fortune,
would never know within a good many thousands how much he had borrowed,
nor even the number of post-obits he had given.
I will just explain that a post-obit is a form of note or due bill given
by the heir of an estate (usually of an entailed estate), which matures
the moment the drawer of the document enters into that estate. That is
to say, the tender-hearted son discounts his father's death to provide
fuel to feed his flame. So Edwin James, driven to his own destruction,
stooped from his imperial position into what one might call ankle-depth
of crime.
How little he dreamed there was a beyond--a huge, seething sea of crime;
an ocean whose billows are of ink, and which would soon sweep him from
his high place into the black waters, there to be buffeted until, honor
and hope all gone, he would, throwing his hands to heaven, with one
despairing cry, sink into its inky depths, adding one more ruined life
to the millions already engulfed. In that long, sad catalogue of the
dead there is probably not one, who, when taking the first step into
crime, ever thought a second would follow the first.
Public-domain text, read in full here on John Shaqi.
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