"Just something stirring around in my mind. I was wondering where
Chambers does most of his trading."
"Ranthoor now," said Greg. "Used to do it on Venus. The listing is
larger there. But since he took over the Jovian confederacy, he switched
his business to it. The transaction tax is lower. He saw to that."
"And the same shares are listed on the Callisto market as on the New
York boards?"
"Naturally," said Greg, "only not as many."
Russ watched the smoke from his pipe. "How long does it take light to
travel from Callisto to Earth?"
"Why, about 45 minutes, I guess. Somewhere around there." Greg sat
upright. "Say, what's light got to do with this?"
"A lot," said Russ. "All commerce is based on the assumption that light
is instantaneous, but it isn't. All business, anywhere throughout the
Solar System, is based on Greenwich time. When a noon signal sent out
from Earth reaches Mars, it's noon there, but as a matter of fact, it is
actually 15 minutes or so past noon. When the same signal reaches
Callisto, the correct time for the chronometer used in commerce would be
noon when it is really a quarter to one. That system simplifies things.
Does away with varying times. And it has worked all right so far because
there has been, up to now, nothing that could go faster than light. No
news can travel through space, no message, no signal can be sent at any
speed greater than that. So everything has been fine."
Greg had come out of the chair, was standing on his feet, the glow of
the blaze throwing his athletic figure into bold relief. That calm
exterior had been stripped from him now. He was excited.
"I see what you are getting at! We have something that is almost
instantaneous!"
"Almost," said Russ. "Not quite. There's a time lag somewhere. But it
isn't noticeable except over vast distances."
"But it would beat ordinary light signals to Callisto. It would beat
them there by almost 45 minutes."
"Almost," Russ agreed. "Maybe a split second less."
Greg strode up and down in front of the fireplace like a caged lion. "By
heaven," he said, "we've got Chambers where we want him. We can beat the
stock quotations to Callisto. With that advance knowledge of what the
board is doing in New York, we can make back every dime I've lost. We
can take Mr. Chambers to the cleaners!"
Russ grinned. "Exactly," he said. "We'll know 45 minutes in advance of
the other traders what the market will be. Let's see Chambers beat
that."
_CHAPTER SEVEN_
Ben Wrail was taking things easy. Stretched out in his chair, with his
cigar lit and burning satisfactorily, he listened to a radio program
broadcast from Earth.
Public-domain text, read in full here on John Shaqi.
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