Banks and banking -- France -- History -- 19th -- Fiction
With all docility Saccard started off again, knowing that lucky days do
not come twice over. But he had again dismissed his cab, having hoped
to go home--a distance of a few steps--on leaving Daigremont's; and so,
as the rain seemed to have stopped at last, he descended the street on
foot, happy to feel under his heels the pavement of Paris, which he was
reconquering. In the Faubourg Montmartre a few drops of rain made him
take to the covered passages, the Passage Verdeau, the Passage Jouffroy
and the Passage des Panoramas, which last brought him out again into
the Rue Vivienne.
Here at the moment when he was about to enter Kolb's he once more
started and stopped. A soft, crystalline music, coming as it were
from the bowels of the earth, like the voices of legendary fairies,
enveloped him; and he recognised the musical voice of gold, the
continual jingle which pervaded this neighbourhood of trade and
speculation, and which he had already heard in the morning. The end of
the day was like its beginning; and the caressing sound of this voice
made him radiant, it seemed like the confirmation of a good omen.
Kolb happened to be downstairs in the casting shop, and, as a friend of
the house, Saccard went down to join him there. In the bare basement,
ever lighted by large flaming gas-jets, the two founders were emptying
by the shovelful several zinc lined boxes, filled that day with Spanish
coins which they threw into the melting-pot on the great square
furnace. The beat was intense; they had to shout to make themselves
heard amid this harmonica-like music vibrating under the low vaulted
ceiling. Freshly cast ingots, golden paving-stones, having all the
glittering brilliancy of new metal, stood in rows upon the table of the
assayer, who determined the standard. And since morning more than six
millions of francs had passed through the founders' hands, assuring the
banker a profit of no more than three or four hundred francs; for the
difference realised, between two quotations is of the smallest, being
measured by thousandths, so that in gold arbitrage, as the traffic
is called, a profit only accrues when large quantities of metal are
dealt with. Hence this tinkling of gold, this streaming of gold, from
morning till night, from year's end to year's end, in the depths of
that cellar, whither the gold came in coins, and whence it went away
in ingots, to come back again in coins and go away again in ingots
indefinitely, with the sole object of leaving in the trader's hands a
few particles of the precious metal.
As soon as Kolb--a little man with a very dark complexion, whose
nose, shaped like an eagle's beak, and emerging from a thick beard,
proclaimed his Jewish origin--had understood Saccard's offer, which the
gold almost drowned with a sound of hail, he accepted it. 'Certainly,'
he cried. 'I am very glad to be in it, if Daigremont is! And thank you
for having put yourself out on my account.'
Public-domain text, read in full here on John Shaqi.
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