Banks and banking -- Fiction; England -- Social life and customs -- 19th century -- Fiction; Love stories
For the tide of speculation was still rising in the country, and even
in Aldersbury had reached many a back-parlor where the old stocking or
the money-box was scarcely out of date. Thousands sold their Three per
cents., and the proceeds had to go somewhere, and other proceeds, for
behind all there was real prosperity. Men’s money poured first into a
higher and then into a lower grade of security and raised each in turn,
so that fortunes were made with astonishing speed. The banks gave
extended credit; everything rose. Many who had bought in fear found
that they had cleared a profit before they had had time to tremble.
They sold, and still there were others to take their place. It seemed
as if all had only to buy and to sell and to grow rich. Only the very
cautious stood aside, and one by one even these slid tempted into the
stream.
The more venturesome hazarded their money afar, buying shares in
steamship companies in the West Indies, in diamond mines in Brazil, or
in cattle companies in Mexico. The more prudent preferred undertakings
which they could see and which their limited horizon could compass, and
to these such a local scheme as the Valleys Railroad held out a
tempting bait. They knew nothing about a railroad, but they knew that
steam had been applied to ocean travel, and they knew Aldersbury and
the woollen district. Here was something the growth and progress of
which they could watch, and which once begun could not vanish in a
night.
Then the silence of those within and the rumors spread without added to
its attractions. Each man felt that his neighbor was stealing a march
upon him, and that if he were not quick he would not get in on equal
terms.
One of Ovington’s waylayers wished to know if the limit at which he had
been advised to sell his stock was likely to be reached. “I sold on
Saturday,” the banker answered, “two pounds above your limit, Davies.
The money will be in the bank in a week.” He spoke with Napoleonic
curtness, and rode on, leaving the man, amazed and jubilant, to
calculate his gains.
The next wanted advice. He had a hundred in hand if Mr. Ovington would
not think it too small. “Call to-morrow—no, Thursday,” Ovington said,
hardly looking at him. “I’ll see you then.”
The third ran bare-headed out of a shop. He was a man of more weight,
Purslow the big draper on Bride Hill, who had been twice Mayor of
Aldersbury; a tradesman, bald and sleek, whom fortune had raised so
rapidly that old subservience was continually at odds with new
importance. “Just a word, Mr. Ovington,” he stuttered, “a word, sir, by
your leave? I’m a good customer.” He had not laid aside his black apron
but merely twisted it round his waist, a sure sign, in these days of
his greatness, that he was flustered.
The banker nodded. “None better, Purslow,” he answered. “What is it?”
“What I says, then—excuse me—is, if Grounds, why not me? Why not me,
sir?”
“I don’t quite——”
“If he’s to be on the Board, he and his mash-tubs——”
Public-domain text, read in full here on John Shaqi.
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