Banks and banking -- Fiction; England -- Social life and customs -- 19th century -- Fiction; Love stories
There was a great run on it. Some of the gentry, following the old
Squire’s example, held aloof, but others put their hundreds into it,
not much believing in it but finding it an amusing gamble. The
townsfolk took it more seriously, with the result that a week after
allotment the shares were changing hands at a premium of thirty
shillings and there was still a busy market in them. Some who, tempted
by the premium, sold at a profit suspected as soon as they had sold
that they had thrown away their one chance of wealth, and went into the
market and bought again, and so the rise was maintained and even
extended. More than once Ovington put in a word of caution, reminding
his customers that the first sod was not yet cut, that all the work was
to do, that even the Bill was not yet passed. But his warnings were
disregarded.
To the majority it seemed a short and easy way to fortune, and they
wondered that they had been so simple in the past as to know nothing of
it. It was by this way, they now saw, that Ovington had risen to
wealth, while they, poor fools, not yet admitted to the secret, had
gaped and wondered. And what a secret it was! To rise in the morning
richer by fifty pounds than they had gone to bed! To retire at night
with another fifty as good as in the bank, or in the old and now
despised stocking! The slow increment of trade seemed mean and
despicable beside their hourly growing profits, made while men slept or
dined, made, as a leading tradesman pithily said, while they wore out
their breeches on their chairs! Few troubled themselves about the Bill,
or the cutting of the first sod, or considered how long it would be
before the railroad was at work! Fewer still asked themselves whether
this untried scheme would ever pay. It was enough for them that the
shares were ever rising, that men were always to be found to buy them
at the current price, and that they themselves were growing richer week
by week.
For the directors these were great days! They walked Bride Hill and the
Market Place with their heads high and their toes turned out. They
talked in loud voices in the streets. They got together in corners and
whispered, their brows heavy with the weight of affairs. They were
great men. The banker, it is true, did not like the pitch to which the
thing was being carried, but it was his business to wear a cheerful
face, and he had no misgivings to speak of, though he knew that success
was a long way off. And even on him the prosperity of the venture had
some effect. Sir Charles and Acherley, too, were not of those who
openly exulted; it is possible that the latter sold a few shares, or
even a good many shares.
Public-domain text, read in full here on John Shaqi.
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