“Now, what bothers me about gold is this. A sovereign weighs a hundred
and twenty-three grains, decimal--well I forget the decimal figures,
but perhaps you’re up in them. I never could remember--to tell you the
truth, the moment I get into decimals, I’m lost. I can figure out that
two and two are four, but beyond that----”
“I assure you, my lord,” interrupted the governor, “a great many people
cannot go so far as that. If you will have the kindness, not to say
the mercy, to tell me exactly what you want, I will guarantee that your
answer will be brief and prompt.”
“All right. To get directly at the nub of the business, then, do you
have twelve ounces to the pound of gold, or sixteen?”
The governor’s fingers were drumming on the hard surface of the table.
He glared at his visitor, but said nothing.
“When I get entangled with decimals or vulgar fractions, it’s bad
enough, but when I don’t know whether the pounds I am dealing with
are twelve ounces or sixteen ounces, then the ease gets kind of
hopeless--ah, I see you are in a hurry. Now tell me how much would be
the value of a bar of gold weighing a hundred pounds, and we’ll let troy
or avoirdupois go. Just give me a rough estimate.”
“My Lord Stranleigh,” said the governor, with ominous calmness, “have
you come here under the impression that the Bank of England is an infant
school?”
Lord Stranleigh blushed a delicate pink, until his cheeks were as smooth
and crimson as that of a girl receiving her first proposal. The contempt
of the man before him was so unconcealed that poor Stranleigh thought,
as he closed his open hand, he might feel it, so thick was it in the
air. He plunged desperately into another tack.
“My dear governor,” he stammered, trying to conciliate his opponent by
cordial familiarity, “as I told you I have the utmost respect for the
Bank of England. You see, I am rather well off, and within the last day
or two I have plunged, and every available asset I possess except one I
have put into stocks and shares. I’ve thought this thing out----”
“Oh, you’ve thought it out,” said the governor.
“Yes, as well as I was able, and I believe that after the first of
January London is going to see the greatest boom in stocks and shares
that has ever taken place in the history of finance.”
“What are your grounds for such a belief, my lord?”
“The--the respect I hold for the Bank of England. We want to see the
good old Bank of England buck up. It’s humiliating to think that an
upstart like Wall Street should be able to play Hey-diddle-diddle, the
cat and the fiddle, with a venerable institution like this. Why, it’s
as if some one spoke disrespectfully of one’s grandmother. I want to see
the bank buck up, and that’s why I’m here.”
The governor bucked up. He rose like a statue of wrath.
Public-domain text, read in full here on John Shaqi.
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