"I rebelled at first at the prospect of the five years' apprenticeship
in Europe. I can see now that those six years, as they proved to be,
fostered my ambition by placing me in direct and almost daily contact
with those to whom great wealth is a natural, not an acquired thing."
(Father Honore noted that throughout his confession he avoided the
mention of any name, and he respected him for it.) "On my return, as
you know, I was placed in a position of great responsibility, as well
as one affording every opportunity to further my object in life. I began
to make use of these opportunities at once; the twenty thousand received
from the quarry lands I invested, and in a short time doubled the sum. I
was in a position to gain the inside knowledge needed to manipulate
money with almost a certainty of increment; this knowledge, I was given
to understand, I might use for any personal investment of funds; I took
advantage of the privilege.
"I soon found that to operate successfully and largely, as I needed to
in order to gain my end and gain it quickly, I must have a larger amount
of cash. For this reason, I re-invested the forty thousand on the
strength of my knowledge of a rise that was to be brought about in
certain stocks within two months. This rise was guaranteed, you
understand; guaranteed by three influential financiers. It would double
my investment. They let it be known in a quiet way and in certain
quarters, that this rise would occur at about such a date, and then
forced the market up till they themselves had a good surplus. All this I
know for a fact, because I was on the inside. Just at this time the
syndicate intrusted to me three hundred thousand as a workable margin
for certain future investments. My orders were to invest in this
prepared stock only _after_ October fifteenth. Meanwhile the
manipulation of this amount was in my hands for eight weeks.
"I knew the forty thousand I had purposely invested in these stocks
would double itself by the fifteenth of October; this was the date set.
I knew this because I had the guaranty of the three men behind me; and,
knowing this, I took a hundred thousand of the sum intrusted to me, in
order to make a deal with a Wall Street firm which would net me twenty
thousand within two weeks.
"I knew perfectly well what I was doing--but there was never any
intention on my part of robbery or embezzlement. I knew the sum eighty
thousand, from my personal investment of forty thousand, was due on
October fifteenth; this, plus the twenty thousand due from the Wall
Street deal, would insure the syndicate from any loss. In fact, they
would never know that the money had been used by me to antedate the
investment of the three hundred thousand--a part of the net yearly
working profits from the quarries--intrusted to me."
He paused for a moment to pass his hand over his forehead; his eyebrows
contracted suddenly as if he were in pain.
Public-domain text, read in full here on John Shaqi.
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