Banks and banking -- France -- History -- 19th -- Fiction
A couple of days later Hamelin and Saccard, on this occasion
accompanied by the Viscount de Robin-Chagot, the vice-chairman,
returned to Maître Lelorrain's offices in the Rue Ste. Anne to make
the needful declaration of the increase of capital, which, they
alleged, had been entirely subscribed. But the truth was that some
three thousand shares, declined by the original shareholders to whom
by right they belonged, had been left on the Bank's hands and turned
over to the Sabatani account by some jugglery in the book-keeping. It
was the original irregular device, repeated and aggravated--the system
of concealing a certain number of Universal shares in the Bank's own
coffers, as a kind of reserve, which would enable it to speculate and
throw itself into the thick of the fight at the Bourse so as to keep up
prices should any coalition of 'bears' be formed to beat them down.
Hamelin, though he disapproved of these illegal tactics, had ended
by completely trusting the management of financial operations to
Saccard. There was a conversation between them and Madame Caroline
on this subject, but in reference only to the shares which Saccard
had compelled the Hamelins to take for themselves. Five hundred of
the first issue and five hundred of the second had been allotted to
them, a thousand shares in all, one-fourth of the value of which was
demandable, together with the premium of twenty francs per share on
the last five hundred. The brother and sister insisted on paying the
amount in question, one hundred and thirty-five thousand francs, out
of an unexpected legacy of three hundred thousand francs which had come
to them from an aunt, who had recently died, ten days after her only
son, the same fever carrying them both off. Saccard allowed his friends
to pay as they desired to do so; however, he did not explain in what
manner he expected to release his own shares.
'Ah, this inheritance!' said Madame Caroline, laughing. 'It is the
first piece of luck that has come to us. I really believe that you
bring us luck. Why, what with my brother's salary of thirty thousand
francs, his liberal allowance for travelling expenses, and all this
gold that has just rained down upon us--probably because we no longer
needed it--we are now quite rich!'
She looked at Saccard with hearty gratitude, henceforth vanquished,
absolutely confident in him, each day losing some of her
clear-sightedness amidst the growing affection with which he inspired
her. Then, carried away by her gay frankness despite everything, she
added: 'No matter. If I had earned this money, I shouldn't risk it in
your enterprises, I assure you. But, you see, we scarcely ever knew
that aunt of ours; we never gave a thought to her money. It's like
money picked up in the street, something which seems to me not to be
quite honestly come by, something which I feel a trifle ashamed about,
and so, you understand, I don't set much store by it, and shan't be so
sorry if it's lost.'
Public-domain text, read in full here on John Shaqi.
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