Metapsychical Phenomena: Methods and ObservationsMaxwell, J. (Joseph)
Philosophy
Metapsychical Phenomena: Methods and Observations
Maxwell, J. (Joseph)
Parapsychology -- Investigation
It was then that he changed his tactics. Instead of taking his profits
at each liquidation, he now opposed himself to any realisation
whatsoever.
In the face of such a dangerous system, I timidly risked some remarks:—
‘No one could guide me better than you do, and I would be already
_too rich_ if, as before, you took advantage of every fluctuation of
the market, instead of opposing yourself to the realisation of the
profits. It is true there is a large margin on your purchases, but our
prosperity is only artificial, since it is but the result of recharges
and not of liquidated operations. That is to say, by this system we are
constantly laying ourselves open to emergencies.’
It was also under this mysterious inspiration that I then took an
engagement to buy out the interest of my sleeping partners.
Always under the same guidance, our business affairs rapidly created an
opulent position for me. The upward movement of stocks continued, and
if at times a slight reaction arose, it could only touch a small part
of the profits already acquired, and constantly carried over.
The dangerous system of non-realisation, we see, had not been abandoned.
I often complained.
It was thus that on the 1st January 1870 (a Sunday, I think), the
_Coulisse_ having quoted on the boulevards 75·05 francs, and this
rate assuring us a profit of 30,000 francs on one affair alone, I
implored him to consent to realising. He refused energetically, saying,
‘Money-jobbing does not suit me, I have put you in a position which
will be your last affair.’ Moreover, he affected a great dislike to
my profession, saying he desired to see me leave it as speedily as
possible.
Sometimes the spirit dropped certain exclamations, aside, as it were,
the most frequent of which was, ‘_What a struggle!_’
I paid no attention to this, and it was only after the tragic
_dénouement_ of this affair that the souvenir of these exclamations,
although so frequently repeated, came back to my memory.
The circumstances which follow sadly demonstrate that during two and
a half years the aim, so patiently followed, was simply to bribe my
confidence with strange revelations, and to keep me under his thumb.
This result obtained, he had only to use influence in order to keep me
in a position whose importance could not help being fatal, in view of
coming events, and which the unknown’s power of penetration permitted
him to foresee.
It was in the midst of all this, in a way, borrowed prosperity, since
it only resulted from non-realised operations, that I took possession
of my new residence, Rue d’Enghien, No. 11.
For several months, although it was impossible for stock to rise above
seventy-five francs, faithful to his system, the unknown refused to
sell out.
It was therefore necessary to continue. But could I complain if funds
remained stationary? The profits entered into cash as a consequence of
the rise of stocks, which seemed a sufficient guarantee against any
event whatsoever.
Public-domain text, read in full here on John Shaqi.
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