“‘If all the indifferent are covered, his personal friends will be
rewarded later on. He will pull through; he is a clever man.’
“‘An honest man, above all things,’ said the Baroness.
“A month later, Nucingen met all his liabilities, with no formalities
beyond the letters by which creditors signified the investments which
they preferred to take in exchange for their capital; and with no action
on the part of other banks beyond registering the transfer of Nucingen’s
paper for the investments in favor.
“While du Tillet, Werbrust, Claparon, Gigonnet, and others that thought
themselves clever were fetching in Nucingen’s paper from abroad with a
premium of one per cent--for it was still worth their while to exchange
it for securities in a rising market--there was all the more talk on
the Bourse, because there was nothing now to fear. They babbled over
Nucingen; he was discussed and judged; they even slandered him. His
luxurious life, his enterprises! When a man has so much on his hands, he
overreaches himself, and so forth, and so forth.
“The talk was at its height, when several people were greatly astonished
to receive letters from Geneva, Basel, Milan, Naples, Genoa, Marseilles,
and London, in which their correspondents, previously advised of the
failure, informed them that somebody was offering one per cent for
Nucingen’s paper! ‘There is something up,’ said the lynxes of the
Bourse.
“The Court meanwhile had granted the application for Mme. de Nucingen’s
separation as to her estate, and the question became still more
complicated. The newspapers announced the return of M. le Baron de
Nucingen from a journey to Belgium; he had been arranging, it was said,
with a well-known Belgian firm to resume the working of some coal-pits
in the Bois de Bossut. The Baron himself appeared on the Bourse, and
never even took the trouble to contradict the slanders circulating
against him. He scorned to reply through the press; he simply bought a
splendid estate just outside Paris for two millions of francs. Six
weeks afterwards, the Bordeaux shipping intelligence announced that
two vessels with cargoes of bullion to the amount of seven millions,
consigned to the firm of Nucingen, were lying in the river.
“Then it was plain to Palma, Werbrust, and du Tillet that the trick had
been played. Nobody else was any the wiser. The three scholars studied
the means by which the great bubble had been created, saw that it had
been preparing for eleven months, and pronounced Nucingen the greatest
financier in Europe.
Public-domain text, read in full here on John Shaqi.
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