"You say that my father won't let you speak to him," Landri interrupted.
"You surprise me beyond measure. He is giving much thought himself to
the situation of affairs. He complained to me to-day of the heaviness of
his burdens. Come, calm yourself, my dear master;" and he added these
words, so absolute was his confidence in that man who represented to him
his early youth: "Your affection for us makes very trivial difficulties
seem tragic, I am sure. Tell me what they are."
"I will give you the figures," rejoined Chaffin simply, "and you can
judge whether I exaggerate. Do you know how much Monsieur le Marquis
owes on his real estate--Grandchamp, the house on Rue du
Faubourg-Saint-Honoré, your houses in Plaine Monceau, and the villas at
Cabourg--all told? Two million five hundred and fifty thousand francs,
divided as follows: seventeen hundred and fifty thousand francs to the
Credit Foncier, and eight hundred thousand to another creditor. We have
on this account more than a hundred and fifty thousand francs of
interest a year to pay, before any other outlay."
"If it were anybody else but you I should think that I was dreaming,"
said Landri, after a pause. He repeated: "Two million five hundred and
fifty thousand francs? And my father has an income of more than four
hundred thousand! Is it possible? He doesn't gamble. His life is beyond
reproach. He has no racing stable. Where has all that money gone?"
"You shall know in a moment," replied the implacable Chaffin. "First let
us finish with the debts. There are others. Besides the mortgages there
are the unsecured notes. Under this head he owes more than two millions
more,--I mean for sums borrowed on his signature. I say nothing of
overdue accounts with tradespeople, wages in arrears, and all the rest.
That's another million perhaps, but it's a floating debt with which I
deal as best I can. It's a daily battle. I fight it and win it! With
these negotiable notes, I can do nothing. Look you, Landri. When I have
told you everything you will share my desperation. The two millions, as
you can imagine, are not a single debt. There are ten, fifteen, twenty
different debts. There were, I should say. For to-day--But let me go
into details. You are going to learn how these debts have reached such
fantastic figures by the brutal piling-up of interest, very simply, and
why I used the past tense. There was, for instance, a Gruet debt. I
select it for it is typical, and because in connection with it the bomb
has burst. In 1903 we were absolutely in need of three hundred thousand
francs. Maître Métivier, our notary, obtained them for us through one
Monsieur Gruet, an honest broker,--for there are such; there is this
one, for instance, as you can judge,--with an office on Rue Lafayette.
The loan fell due July 15, 1905. We were not ready. Gruet himself tells
me of a money-lender, not overgrasping, one Madame Müller, who keeps a
second-hand shop on Rue de la Chaussée-d'Antin. I go there on the
chance.
Public-domain text, read in full here on John Shaqi.
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