"Yes. In my district, the risk of getting permanently disabled by the
climate or shot by an ambushed nigger has to be considered. Stipend
and pension are small, and I felt that I needed something to fall back
on. That was why I bought the Rain Bluff stock. Now my friend tells me
that the shares are being quietly sold in small lots, which he seems
to think ominous. If you can tell me anything about the matter, I'll
be grateful."
Andrew was silent for a minute or two, feeling troubled. He did not
pity the regular stock-jobbers and speculators who had bought Rain
Bluff stock, for they were accustomed to playing a risky game. It was,
however, different with such investors as Murray--men of small means,
who had carefully saved something to provide for old age, and women
left with just enough to keep them from want. These, he thought,
formed a numerous class and demanded his sympathy. They had, no doubt,
avoiding ventures which offered a larger return, been influenced by a
desire for security, which would seem to be promised by Allinson's
connection with the mine.
"Well," he said at last, "I believe it is true that shares have been
parted with by a man who has a say in the management of the company."
"That sounds discouraging. If I sell out, I'll lose three or four
shillings on every share."
"Yes; and if others follow your example, it will weaken the Company's
position. However, I think you can venture to keep your stock."
"You can't expect me to take the risk of holding, in order to support
a concern in which I'm badly disappointed. I must ask you frankly what
is wrong at the mine?"
"In strict confidence, I may say that the ore we are working does not
promise well."
Murray looked at him in astonishment.
"You are remarkably candid; but you give me a curious reason for
holding on to my shares."
"Here's a better one," said Andrew. "We have another mine in view; but
whether it turns out rich or not, no holder of Rain Bluff stock shall
lose a penny by his confidence in Allinson's."
"Though I don't know much about stock-jobbing, that strikes me as an
extraordinary promise."
"I dare say it is," Andrew replied. "I offer you no guarantee; you
must use your judgment."
Murray looked up sharply.
"I believe your word is good enough. You have taken a load off my
mind, Mr. Allinson. I'll hold those shares. May I add that if my proxy
is likely to be of any value at your meetings, you may count on it?"
"Thanks! And now, did I tell you that Olcott promised to bring you
out again to-morrow? There's a cover I want to beat and the pheasants
ought to be plentiful."
They went down together and Murray joined Ethel Hillyard in the
drawing-room.
"I've had a talk with Mr. Allinson which confirms your opinion of
him," he said. "But I must say that he doesn't fit in with my idea of
a Company director."
Ethel laughed.
Public-domain text, read in full here on John Shaqi.
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