British Columbia -- Fiction; Families -- Fiction; Lumber trade -- Fiction
That uncertainty bore on him hard. He was doing his best. His men
were doing their best. Logs came down to tidewater in a marvellous
flow, as if the trees were handled by intelligent automatons with
legs and fingers of steel. He had no labor difficulty that was not
solved on such occasions as it arose by a half-hour's dispassionate
talk over a table with the spokesmen of his crews. The walking
delegates of the Logger's Union approached him as confidently as if
he had been a member of the union.
But there was always that cursed pit into which he was flinging his
trees. It yawned bottomless. It loomed before him distressingly; an
Augean stable that he must clean. He had his weak moments, his hours
of utter discouragement. But he could neither stop nor turn aside.
Sometimes in the streets of Vancouver, after a checking up with
Charlie Hale in the Norquay Trust office, he would have the morbid
fancy that the deep traffic roar of the city was like the roar of the
rapids by Little Dent, and that he was in a frail craft shooting that
fierce economic tiderace to disaster in the financial whirlpools.
What a price to pay for one man's purblind ambition! He would look
back at the chaste white square of the Norquay Trust Building, at the
black iron skeleton of the great electric sign, and his lips would
mutter a curse.
CHAPTER XXVII
Late summer of 1920 pricked to utter collapse the prosperity balloon
which had been deflating ever since the Armistice. Europe still
stewed in the choice juices of local punitive expeditions, reparation
snarls, gyrating exchange, so that North American commerce lagged by
the way with heavy feet. Here and there industry somehow kept going.
It couldn't stop altogether, even lacking foreign markets. Crops
were sowed and reaped; people were fed; life went on. But capital
ventured timidly. Wages fell, even though commodities seemed
reluctant to cheapen. The stress came particularly hard on the
Pacific Coast. The bottom dropped out of the lumber market. A
thousand loggers walked the streets of Vancouver, hungry, bewildered,
as soon as their savings gave out. Only here and there a few
companies and individuals, fortunately situated, well-managed, or
filled with bowels of compassion for their men, were enabled to
continue. They could log cheaply. They were willing to risk a
little loss rather than disband crews and let machinery rust; and
they hoped for the upturn, the revival of "confidence," that talisman
which commends itself to Boards of Trade and Chambers of Commerce.
Rod owned his timber. He neither leased, paid royalty, stumpage, nor
interest on borrowed capital. It was choice timber, picked long ago
when his forefathers had the cream of coastal forests to choose from.
If a tree could be cut and sold at a profit by any one, he was the
one. So long as he could operate without loss, he meant to keep on.
He had to keep on, until the cost of production overtook the market
price.
Public-domain text, read in full here on John Shaqi.
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