"Agreed!" he cried, his eyes shining like stars. "Now, sir, your
instructions. What am I to bear?"
"Anglo-American Hotels," I murmured softly.
He started upright, and gazed at me like one confounded.
"Anglo-Americans," he gasped.
"Listen," said I. "To-morrow morning you will sell one hundred thousand
shares--cash-on-delivery--to be handed over on Saturday. The market is
at present steady at forty shillings. Your first operation will not
affect it one iota. In the afternoon you will sell another hundred
thousand--same terms. You'll get the same figure, for, although my
associates will be nervous, they are too deeply involved to dare let
the price fall, till they are sure, and they'll buy at evens, never
dreaming that they are bucking-up against a stone wall. Next morning
sell two hundred thousand. That will turn the balance. The price will
probably drop a bit. In the afternoon sell three hundred thousand.
You'll find by then the market in a panic, for my pals will have smelt
a big rat, and they'll no longer show fight. Indeed, I expect they will
follow my lead, and to save themselves, start selling too. However,
keep on selling a hundred thousand each half-day, till the absolute
slump. That will arrive on Friday morning at latest. I reckon the
shares should by then reach bottom, say from three to seven shillings.
You will then buy scrip against deliveries on your former sales and
report to me here at 11 a.m. on Saturday morning, with the transfers
for signature. By the way, Agar Hume is a good name, and will look fine
on the transfers. Stick to it! That is all I need say, I think, except
that I advise you to follow my lead as far as your means allow. The
transaction will enrich you. Your commission will, of course, be at the
ordinary rate."
Mr. Sims had fallen back in his chair. His eyes were as round as
marbles, and his mouth gaped ajar.
"You looked surprised!" I observed, with an indulgent smile.
He passed his hand nervously across his brow, and gave himself a little
shake.
"It's colossal--but immoral!" he gasped. "Colossally immoral! Your
associates----" he stopped short, lacking words.
"My associates are men of business," I said, coldly. "And they would be
the first to tell you that there is no morality involved in business
transactions. I propose to treat them as they would treat me, if they
were clever enough to perceive a way. But we waste time, sir. The
question is, are you the man to handle the affair?"
"Yes," he cried. "Indeed, yes."
I nodded and stood up. "Then adieu till Saturday. My secretary, Brown,
in the meanwhile, will wait upon you every afternoon. Good-day, Mr.
Sims!"
Public-domain text, read in full here on John Shaqi.
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