Emmanuel Burden, merchant, of Thames St., in the city of London, exporter of hardware : $b A record of his lineage, speculations, last days and deathBelloc, Hilaire
General
Emmanuel Burden, merchant, of Thames St., in the city of London, exporter of hardware : $b A record of his lineage, speculations, last days and death
Belloc, Hilaire
Capitalists and financiers -- Fiction; London (England) -- Fiction; Merchants -- Fiction; Satire
The public outside grumbled; nothing could be done till the
allotment was declared. They would have grumbled less had they
seen the grinding work of those ten days. Every morning the mass
of letters was sorted, the list of names drawn up, and with strict
commercial probity every single application passed before each of the
directors.
On the fifth day Mr Burden’s head was lost, and Lord Benthorpe’s
assent had become mechanical. Mr Barnett, on the contrary, became
more and more eager, more and more exact as the work proceeded.
Before the close of the sixth day, his brain alone was sitting in
judgment over that mass of papers; it was fortunate, for on the
remaining four days the most delicate part of the work remained to
be done. There did indeed pass by Mr Burden one or two incongruous
things that troubled him. Canon Cone had sent no cheque. Mr Barnett
would make himself responsible for that. Major Pondo, whom Mr Burden
had always regarded as a poor, adventurous man, applied for fifteen
thousand shares. The secretary of that politician who had most
consistently denounced the financial side of our colonial expansion
applied for ten thousand.
There were perhaps a dozen incidents of this sort which Mr Burden
could not fit in with what he had known of the world. But the work
was too pressing and too exacting to leave energy for comment, or
even for hesitation. All these discrepancies made upon Mr Burden’s
mind only one general and blurred effect: to wit, that his own
judgment was doubtful, and that society around him was more complex,
and perhaps more perilous, than he had imagined.
On the 19th the allotment was declared. On the morning of the 21st,
though no sales had taken place, the anxious informal bidding,
which went on in the house, and afterwards in the street, and even
privately between individuals (rigorously as etiquette forbids such
things) was offering two and one-sixteenth, two and one-eighth, two
and a quarter before evening. The prices began to be talked of, and
the selling to be regular within three days; and the price then was
over four. The shares rose with the steady movement of a balloon,
up on an accelerating curve; “M. D. D.’s.” changing hands with such
rapidity, that it was no longer possible to come to any conclusion
with regard to the individual motives of the more important buyers
and sellers. The pace was the pace of a crusade. As religions take
men or the enthusiasms of war, so the public had come to believe in
themselves and the M’Korio; in what they could _do_ with the new
province. They saw the Delta already drained, already mined—as it
will be mined and drained—they saw that the nominal capital of this
new company was the petty ransom of a great kingdom in the future of
England. By Wednesday, the 26th, the shares were at seven.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account