Banks and banking -- France -- History -- 19th -- Fiction
However, when she had gone off quite beside herself, he shut himself
up with his two sons and his son-in-law and distributed the _rôles_,
sending at once for Jacoby and other brokers to prepare the grand
stroke of the morrow. His plan was simple: to do that which, in his
ignorance of the real situation of the Universal, prudence had hitherto
prevented him from risking--that is, to crush the market under the
weight of enormous sales now that he knew the Universal to be at the
end of its resources and incapable of sustaining the quotations.
Like a general who wishes to end matters, and whose spies have fully
acquainted him with the enemy's weak point, he was going to bring the
formidable reserves of his milliard into line. Logic would triumph; all
securities which rise above the real value which they represent are
doomed.
That very same day, towards five o'clock, Saccard, warned of the danger
by his keen scent, called upon Daigremont. He was feverish; he felt
that the hour had come to strike a blow at the 'bears,' if he did not
wish to be definitively beaten by them. And his giant idea tormented
him, that idea of the colossal army of six hundred millions, which must
yet be raised in order to conquer the world. Daigremont received him
with his usual amiability, in his princely mansion, amid his costly
pictures and all the dazzling luxury which his fortnightly profits
at the Bourse provided for; no one really knowing whether there was
anything solid behind all this show, which seemed ever liable to
be swept away by some caprice of chance. So far Daigremont had not
betrayed the Universal, but had refused to sell, affecting absolute
confidence, happy in thus comporting himself like a good gambler
playing for a rise, from which by the way he reaped large profits; and
it had even pleased him not to flinch after the unfavourable settlement
of the 16th, feeling convinced, as he said everywhere, that the rise
would begin afresh. Still he was constantly on the watch, and quite
ready to pass over to the enemy at the first grave symptom.
Public-domain text, read in full here on John Shaqi.
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