I should explain that at the time of which I now write, the historical
American financial invasion of Great Britain was in full blast. The
billionaire Yankee magnate, J. Stelfox Steele, at the head of his
omnivorous trust, had already succeeded in enfolding within his
octopus-like tentacles an alarming number of England's richest
commercial industries. Not content with having secured our railways,
tramways and shipping, his latest achievement had been to form a
"combine" of hotel and brewery proprietaries, with the result that
two-thirds of the breweries, and almost every important and fashionable
hotel within the confines of the kingdom were conducted under his
direction, while the entire liquor traffic was absolutely in his grip.
This prodigious organization Mr. Stelfox Steele had named--"The
Anglo-American Hotels Limited," probably in a spirit of derision, for
although all the property was English, the major portion of the profits
were designed to travel into Yankee pockets. It had scarcely been
registered a company before the British public began to regard it with
both fear and loathing, for its first and immediate work of consequence
had been slightly to raise the price of beer, and at the same time
largely to increase the cost of living in hotels. In palace,
public-house and thoroughfares, it constituted the topic of the hour.
The fact is, it affected everyone, the highest and the lowest in the
land alike, and very seldom could two men foregather for longer than
five minutes without the exciting subject being introduced. As the
"combine" had, to some extent, victimised me during my residence at the
Colonnade Hotel, I shared in the popular indignation, and during my
convalescence I had taken pains to make myself thoroughly acquainted
with its construction, policy and aims, and I had carefully digested
everything that had been published concerning its promoters. Mr.
Stelfox Steele's sudden and brilliant appearance in the financial
firmament, and his consequent magnificent and uninterruptedly
successful career, had, moreover, completely captivated my romantic
fancy, and I was quite anxious to hear as much about him as I could.
For that reason I became speedily interested in the conversation of two
gentlemen who sat at the adjoining table while I dined.
They were of interesting appearance, certainly; portly, conventional,
bald-headed souls, both; typical men of business, in a large
way--perhaps stockbrokers; but the matter of their talk was decidedly
exciting and suggestive to a person like myself.
"What is this Stelfox Steele like to look at, Gregson? You know him,
don't you?" were the first words that attracted my attention, and
thereafter I did not lose a syllable.
"Well!" replied the other, "I know him in a way. That is to say, I have
met him once or twice in business, though I don't suppose he would
recognise me if we passed each other in the street ..."
"Oh! he is that sort, is he?"
Public-domain text, read in full here on John Shaqi.
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