California, Southern -- Fiction; Motion picture industry -- Fiction; Petroleum industry and trade -- Fiction; Political fiction
In this case it was the farmers who were being “deflated.” They were
unorganized, and had no one to protect them; they had to dump their
crops onto the market, and the prices were tumbling—literally millions
of farmers would be bankrupt before this year was by. But the price of
manufactured goods would not drop to the same extent, because the big
trusts, having the Wall Street banks behind them, could hold onto their
stocks. Bunny took this explanation to his father, who passed it on to
Mr. Roscoe, who said it was exactly right, by Jees; he knew the bunch
that had their fingers in the till of the Federal Reserve bank here on
the coast, and they were buying up everything in sight, the
blankety-blank-blanks, but they weren’t going to get the Roscoe-Ross
properties.
Money was so scarce, Bertie could not have a new car, despite the fact
that she had damaged hers in a collision; and Dad talked economy at
meal-times, until Aunt Emma took to feeding them on hash made from
yesterday’s roast! Shortage everywhere, and worry in people’s faces, and
hints of bankruptcy and unemployment in the newspapers—they tried their
best to hide it, but it leaked out between the lines.
Then a funny thing happened. A big limousine with a chauffeur drove up
before the Ross home one summer evening, and out stepped a stately
personage in snow-white flannels; a tall young man with yellow hair and
a solemn visage—Eli Watkins, by heck! He shook hands all round—he had
developed the manners of an archbishop—and then asked for a private
conference with Dad. He was taken into the “den,” and half an hour later
came out smiling, and bowed himself away; and Dad said nothing until he
was alone with Bunny, and then his face expanded into a grin and he
chuckled, by Judas Priest, Eli had gone into the real estate business.
He had found a block on the outskirts of the city which was exactly the
size for the temple which the angel of the Lord had commanded him to
build; or rather he had found some real estate subdividers who had a
pull with the city board of supervisors, and had got permission to
create a block of this unprecedented size. So the word of the Lord had
been vindicated, and the golden temple was to arise. But for some reason
unknown the Lord had failed to tip off Eli to the panic, and here he was
“stuck,” just like any common, unholy business man, with a payment on
his hundred and seventy-five thousand dollar tract nearly a month
overdue. The collections at the revivals had fallen off, and the Lord
had made it manifest that He desired Eli to employ some other method of
raising funds.
“What did he want of you, Dad?”
“The Lord had revealed to him that I would take a second mortgage on the
property. But I told him the Lord had failed to reveal where I was to
get the cash. I gave him five hundred to help him over.”
“Good God, Dad! I thought we were economizing!”
Public-domain text, read in full here on John Shaqi.
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