Banks and banking -- France -- History -- 19th -- Fiction
For some time the Maugendres had been changing in their manner towards
their daughter. She found them less affectionate, more preoccupied,
slowly becoming the prey of a new passion--the passion for gambling. It
was the usual story: the father, a stout, calm, bald man, with white
whiskers; the mother, lean and active, earner in part of the common
fortune; both living in too profuse a style on their fifteen thousand
francs a year, and sorely worried at having nothing left to do. He,
indeed, had nothing to occupy his attention, except the collection
of his money. Formerly he had thundered against all speculation, and
shrugged his shoulders with mingled wrath and pity in speaking of the
poor fools who allowed themselves to be plucked in stupid, unclean,
thieving Bourse transactions. But about this time, a considerable sum
of money owing to him having been repaid, he conceived the idea of
lending it against securities. That was not speculation, but a simple
investment; only from that day forward he had contracted the habit of
attentively reading the Bourse quotations in his paper after breakfast.
And in this wise the evil took root; the fever gradually seized upon
him at sight of the mad dance of securities, on breathing the poisonous
atmosphere of the gambling world, and his mind became haunted by the
thought of millions made in an hour, whereas he himself had spent
thirty years in getting a few hundred thousand francs together. He
could not help talking to his wife about it at each meal; what strokes
he would have made if he hadn't sworn that he would never gamble! And
he explained the operation; he manipulated his funds with all the
skilful strategy of a carpet general, always ending by vanquishing his
imaginary opponents, for he prided himself on having become wonderfully
expert in such matters as options and lending money on securities.
Public-domain text, read in full here on John Shaqi.
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