Great Britain -- Politics and government -- 1837-1901; Statesmen -- Great Britain -- Biography
Labouchere has always been in the habit of seeking excitement by
enterprises on the Stock Exchange. I do not believe that these ventures
have been made with the commonplace desire to make money, but I can
quite understand that they are prompted by the very same desire for new
experiences which prompted the residence in besieged Paris. I remember
meeting Labouchere one day many years ago in a West End London street,
and being told by him that he had just incurred a very heavy loss by one
of his financial ventures on the Stock Exchange. He told me in his usual
tones of almost apathetic languor the amount of his loss, and it seemed
to my modest experiences in money affairs to be a positive fortune
sacrificed. He was smiling blandly while recounting his adventure, and I
could not help asking him how he had felt when the loss was first made
known to him. "Well," he replied, in the same good-humored tone, "it was
an experience, like another." That, I think, is a fair illustration of
Labouchere's governing mood. The great thing was to get a new
sensation. At one time Labouchere became the founder and the owner of a
new theater in London, and he took part in many a newspaper enterprise.
He was, as I have said, for a long time one of the proprietors of the
"Daily News," and he entered into that proprietorship at the very time
when the "Daily News" was making itself most unpopular in capitalist
circles and in what is known as society, by its resolute and manly
adherence to the side of the Federal States during the great American
Civil War. It suited Labouchere's pluck and temper to join in such an
undertaking at the time when the odds seemed all against it; and it is
only fair to say that I am sure no love for a new sensation could induce
Labouchere to take up any cause which he did not believe to be the cause
of right.
Public-domain text, read in full here on John Shaqi.
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