“Now Palma was the Keller’s oracle, and the Kellers were brimful of
Nucingen’s paper. A hint from Palma would be enough. Werbrust arranged
with Palma, and he rang the alarm bell. There was a panic next day on
the Bourse. The Kellers, acting on Palma’s advice, let go Nucingen’s
paper at ten per cent of loss; they set the example on ‘Change, for they
were supposed to know very well what they were about. Taillefer followed
up with three hundred thousand francs at a discount of twenty per cent,
and Martin Falleix with two hundred thousand at fifteen. Gigonnet saw
what was going on. He helped to spread the panic, with a view to buying
up Nucingen’s paper himself and making a commission of two or three per
cent out of Werbrust.
“In a corner of the Bourse he came upon poor Matifat, who had three
hundred thousand francs in Nucingen’s bank. Matifat, ghastly and
haggard, beheld the terrible Gigonnet, the bill-discounter of his old
quarter, coming up to worry him. He shuddered in spite of himself.
“‘Things are looking bad. There is a crisis on hand. Nucingen is
compounding with his creditors. But this does not interest you, Daddy
Matifat; you are out of business.’
“‘Oh, well, you are mistaken, Gigonnet; I am in for three hundred
thousand francs. I meant to speculate in Spanish bonds.’
“‘Then you have saved your money. Spanish bonds would have swept
everything away; whereas I am prepared to offer you something like fifty
per cent for your account with Nucingen.’
“‘You are very keen about it, it seems to me,’ said Matifat. ‘I never
knew a banker yet that paid less than fifty per cent. Ah, if it were
only a matter of ten per cent of loss--’ added the retired man of drugs.
“‘Well, will you take fifteen?’ asked Gigonnet.
“‘You are very keen about it, it seems to me,’ said Matifat.
“‘Good-night.’
“‘Will you take twelve?’
“‘Done,’ said Gigonnet.
“Before night two millions had been bought up in the names of the three
chance-united confederates, and posted by du Tillet to the debit side of
Nucingen’s account. Next day they drew their premium.
“The dainty little old Baroness d’Aldrigger was at breakfast with her
two daughters and Godefroid, when Rastignac came in with a diplomatic
air to steer the conversation on the financial crisis. The Baron
de Nucingen felt a lively regard for the d’Aldrigger family; he was
prepared, if things went amiss, to cover the Baroness’ account with his
best securities, to wit, some shares in the argentiferous lead-mines,
but the application must come from the lady.
“‘Poor Nucingen!’ said the Baroness. ‘What can have become of him?’
“‘He is in Belgium. His wife is petitioning for a separation of her
property; but he had gone to see if he can arrange with some bankers to
see him through.’
“‘Dear me! That reminds me of my poor husband! Dear M. de Rastignac, how
you must feel this, so attached as you are to the house!’
Public-domain text, read in full here on John Shaqi.
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