The chief object of Mr. Gammon's interview with the Earl of
Dreddlington, had been to communicate to his Lordship information
concerning the alarming position in which he stood with reference to the
defunct Artificial Rain Company. The very prominent and active part
which his Lordship had been seduced into taking, in the patronage and
management of that Company, had naturally marked him out as the fittest
object of attack to the creditors. The Company had no Act of Parliament,
nor charter, nor deed of settlement; it was simply a huge unwieldy
_partnership_, consisting of all such persons as could be shown to be
interested, or to have held themselves out to the world as interested,
in it: and consequently, whether individually known or not, liable to
the public who had dealt with the Company, and given credit to it; on
the very obvious principle of equity, that all who would seek to share
the profits of a speculation must be responsible for its liabilities. In
the present instance, had it not been for the circumstance of there
being a considerable number of weak, inexperienced, but responsible
adventurers, who, by entering into the affair, had become liable to
share Lord Dreddlington's burden of responsibility, his Lordship must
have been totally ruined to all intents and purposes.[16] As soon as Sir
Sharper Bubble's absconding had opened the eyes of the public, and of
the shareholders, it became necessary to take instant measures for
ascertaining the exact state of affairs--and the liabilities which had
been contracted. Heavens! what a frightful array of creditors now made
their appearance against the Artificial Rain Company! It was
inconceivable how so many, and to so immense an amount, could have
arisen during the short period of the Company's being in existence; but
the fact is, that there are always thousands of persons who, as soon as
they once see individuals of undoubted responsibility fairly committed
to a speculation of this sort, will give almost unlimited credit, and
supply anything which may be ordered on behalf, or for the purposes, of
the Company. It had originated in a supposed grand discovery of our
philosophical friend, Dr. Diabolus Gander, that there were certain
modes of operating upon the atmosphere, by means of electrical agency,
which would insure an abundant supply of rain in seasons of the greatest
drought. Now, first and foremost among the creditors of the Company, was
that distinguished philosopher himself; who, to constitute himself
effectually a creditor, had cunningly declined to take any shares in the
concern!--He now claimed £1,700 for a series of "preliminary
experiments," independently of compensation for his time and services in
conducting the aforesaid experiments;--and, in order to put the question
of _liability_ beyond all doubt, the doctor had taken care, from time to
time, to invite the more distinguished and wealthy of the shareholders
to come and witness his doings--always carefully noting down their
Public-domain text, read in full here on John Shaqi.
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