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Mammon and Co Part 24

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"The fact that you telegraph to Jack implies that there is something to telegraph about," said Comber. "There is nothing."

Toby did not choose to acknowledge that there could be any truth in this.

"I don't care a d.a.m.n," he observed. "Either you go or I telegraph. Take your time, but please settle as soon as you can. I don't want to make things unpleasant, and if you say that your only aunt is very ill, and that you have been sent for, I won't contradict it--in fact, I'll bear you out if Kit makes a fuss."

"That is extraordinarily kind of you," said Lord Comber. "And since when have you become your sister-in-law's keeper in this astounding manner?"

Toby got quickly out of his chair, and stood very stiff and hot and uncompromising.



"Now, look here," he said: "my name is Ma.s.singbird, and so is Jack's, and I don't wish that it should be in everybody's mouth in connection with yours. People will talk; you know it as well as I do, and there is going to be no Comber-Conybeare scandal, thank you very much."

"You seem to be doing your level best to make one," said Lord Comber.

"Oh, I don't mind a Ted-Toby scandal," said Toby serenely. "I can take care of myself."

"And of Kit, it seems."

"And of Kit--at least, it seems so, as you say."

There was a long silence, and Toby drew a vile briar pipe out of his pocket. He noticed that Lord Comber, even in his growing agitation, cast an agonized glance towards it, and, putting it back in his pocket, he lit a cigarette.

"You don't like pipes, I think?" he said. "I forgot for the moment."

Toby sat down again in the big chair and smoked placidly. He intended to get an answer, and if it was unsatisfactory (if the worm turned and refused to go), he would have to consider whether he should or should not telegraph to Jack. He felt that this would be an extreme step, and hoped he should not have to take it.

Lord Comber's reflections were not enviable. To begin with, Toby had a most uncomfortable, angular mind and an att.i.tude towards life which will not consent to be fitted into round holes nor adapt itself to nice easy compromises and tactful smoothings over of difficult places. He was all elbows, mentally considered--elbows and unbending joints. If he intended to carry his point, he would not meet one half-way; he held horrible threats over one's head, which, if defied, he might easily carry out. His own argument he considered excellent. To telegraph to Jack implied that there was something to telegraph about, but this square, freckled brute could not or would not see it. It really was too exasperating. He himself conducted his own life so largely by the employment of tact, finesse, diplomacy (Toby would have called these lies), that it was most disconcerting to find himself in conflict with someone who not only did not employ them, but refused to recognise them as legitimate weapons. Indeed, he was in a dilemma. It was impossible to contemplate a telegram being sent to Jack: it was equally impossible to contemplate what would happen if Kit came and found him gone. And the annoyance of going, of missing this week with her, was immense. It gave him a sort of _cachet_ to be seen staying with Kit alone at a watering-place. She was more indisputably than ever on a sort of pinnacle in his world this year, and everyone would think it so very daring. That was the sort of fame he really coveted--to be in the world's eye doing rather risky things with an extremely smart woman.

Moreover, in his selfish, superficial way, he was very fond of her. She was always amusing, and always ready to be amused; they laughed and chattered continually when they were alone, and a week with her was sure to be an excessively entertaining week. She had proposed that they should do this herself, and written a charming note, which he kept. "We shall be quite alone, and we won't speak to a soul," she had said. And that from Kit, who, as a rule, demanded a hundred thousand people around and about, was an immense compliment.

But because all his thoughts as he debated these things, while Toby sat smoking, were quite contemptible, the struggle was no less difficult. A despicable man in a dilemma, though the motives and considerations which compose that dilemma are tawdry and ign.o.ble, does not suffer less than a fine spirit, but, if anything, more, for he has no sustaining sense of duty to guide and reward him. Ted Comber's happiness and pleasure in life, of which he had a great deal, was chiefly composed of trivial and unedifying ingredients, and to be intimate, not only privately, but also publicly, with Kit was one of them. And her unutterable brother-in-law sat smoking in his best armchair, after presenting his ultimatum. If a word from him would have sent Toby to Siberia, he would have gone. It would be a good deed to rid society of such an outrage.

Again, yielding with a bad grace had its disadvantages, for though he had no personal liking for Toby, a great many people, with whom he desired to be on the best of terms, had. There were certain houses to which he liked to go where Toby was eminently at home, and though he had enemies in plenty, and thought little about them, Toby would be a most undesirable addition to them. He was perfectly capable of turning his back on one, a.s.signing reasons, and of behaving with a brusqueness which ought, so Lord Comber thought, to be sufficient to ensure anybody's being turned neck and crop out of those well-cus.h.i.+oned society chariots in which he lounged. But he knew very well, and cursed the unfairness of fate, that Toby's social position was far firmer than his own, while, whereas he cared very much for it, Toby did not care at all. Ted made himself welcome because he took great pains to be pleasant and to amuse people, and had always a quant.i.ty of naughty little stories, which had to be whispered very quietly, and then laughed over very loud, but the whole affair was an effort, though its reward was worthy. Men, he knew, for the most part disliked him, and men are so terribly unreasonable.

Once last year only, his name had been cut out of a house-party by his hostess's absurd husband, and it was not well to multiply occasions for such untoward possibilities.

He took up his gold-topped scent-bottle for the third time, and by an effort almost heroic, though there was so little heroic in its cause, resumed a frank and unresentful manner.

"I disagree with you utterly, Toby," he said, "but I will do as you suggest. You don't mind my speaking straight out what I think? No? Well, you seem to me to have interfered in a most unwarrantable manner; but as you have done so, I dare say, from excellent motives, though I don't care a straw about your motives, I must make the best of it. I will go to-morrow morning, and I will telegraph now to Kit, to say I can't stop here. Now, you said you didn't wish to quarrel with me. That I hold you to. Let us remain friends, Toby, for if anyone has a grievance it is I.

What I shall say to Kit, G.o.d knows; she will be furious, and if the thing comes out I shall tell her the whole truth, and lay the whole blame on you."

Toby rose.

"That is only fair," he said. "Good-bye."

Lord Comber smoothed his hair before the gla.s.s, when suddenly an idea struck him, so brilliant and so simple that he could hardly help smiling. He opened the door.

"I shall just walk with you to the top of the stairs," he said, again taking Toby's arm. "Really I am quite sorry to leave; I have got quite attached to my dear little room, and don't you think it's rather pretty?

So sorry I shan't be able to come and see your mother at the cottage, and it's all your fault. Good-bye, Toby."

Toby went downstairs, and Lord Comber hurried back to his room. He had no longer the smallest resentment against Toby, and a smile of amused satisfaction testified to his changed sentiments. He rang for his man, and sat down to write a telegram. It was addressed to Kit, and ran as follows:

"Impossible to remain here. Excellent reasons. Do come to Aldeburgh instead. I arrive there to-morrow afternoon, and go to hotel."

He read it over.

"Poor Toby," he thought to himself. "What a lesson not to interfere!"

CHAPTER XIV

THE CHAIRMAN AND THE DIRECTOR

During this beautiful August weather Mr. Alington was very busily employed in London. At no time was he a notable lover of the country, taking it in h.o.m.oeopathic doses only, and enjoying a copy of Nature by Turner far more than the original thing. He was, indeed, somewhat disposed to Dr. Johnson's characteristic and superficial heresy that one green field is like another green field, and though he took no walks for pleasure down Fleet Street, he took many hansoms to his brokers for business. For the financial scheme which had darted like a meteor across his augur's brain on the night on which he received his manager's report had, meteor-like, left a s.h.i.+ning and golden furrow. The s.h.i.+ning furrow, indeed, had grown ever more brilliant and golden; it illumined the whole of his speculative heaven. And by the end of the month the reading of the augur was ready to be practically fulfilled.

Now, the Stock Exchange is, justly or unjustly, supposed to be a place where sharp and shady deeds are done, but Mr. Alington, already a prince in the financial world, did not much fear bears or bulls or raids or rigging, and the market had a firm belief in his soundness.

His board consisted of Jack Conybeare, Tom Abbotsworthy, his Australian manager, Mr. Linkwood, a man as hard-headed as teak, and himself. At that time a board const.i.tuted on such lines was a new thing, and when the prospectus was sent out there were many business men who rather raised their eyebrows at it. But the effect, on the whole, was precisely what Mr. Alington had desired, and, indeed, antic.i.p.ated. Surely the names of a couple of n.o.blemen, one of whom was a prominent supporter of the Bishops in the House of Lords, and whose wife was really synonymous with the word bazaar-opener, the other a prospective Duke, were a guarantee of the good faith of the proceeding. The British public might not be aware that Lord Conybeare knew much about mines, but that department was well looked after by Mr. Alington and his manager, as shrewd a pair as could be found between the poles. Certainly, innovation as it was, this sort of board, so reasoned its inventor, looked well.

The British public followed these prognostications of Alington with touching fidelity, though they did not give Jack credit for ignorance about mining. Such an authority on guano must certainly be a well-informed man, and if those of the aristocracy who were in indigent circ.u.mstances were sensible enough to set themselves to make a little money, who would quarrel with them? Three acres and a gold-mine was just about what Jack was worth. Again the enemies of unearned increment were delighted. Here was a fine example, a h.o.r.n.y-handed Marquis. A third section of the public, so small, however, as not to really have a voice at all, and who consisted chiefly of Conybeare's acquaintances, sounded a discordant note. "G.o.d help the shareholders," said they.

The prospectus gave a glowing but perfectly honest account of the property called the Carmel group, for no one knew better than Alington how excellent a policy honesty is, in moderation, and in the right place. Mount Carmel lay in the centre, on one diagonal Carmel North and South, on the other Carmel East and West. A very rich vein of ore ran through Carmel North, Mount Carmel and Carmel South, extending on the evidence of bore-holes the whole length of the three. Carmel East and West were both outliers from this main reef, but in both there was a good deal of surface gold, very easy to get at, and they should soon become dividend-payers. The ore in these two, however, was much more refractory than in the main reef, and in two or three experiments which had been made it had been found possible to extract only 20 per cent. of it. In the other three the ore was very different in quality, and very rich. Experiments had yielded five ounces to the ton, but these mines could not become dividend-payers in the immediate future, as a good deal of developing work must necessarily be put through first. At one point, by a curious fault in strata, the reef came to the surface, and it was from here the specimens had been taken. There was now no difficulty about water, for a very satisfactory arrangement had been come to with a neighbouring property. A mill of a hundred stamps, which would soon be increased, if the mine developed as well as the directors had every reason to believe it would, was now in course of erection on Carmel East. Finally, they wished to draw special attention to the remarkable yield of five ounces to the ton from the vein running through Carmel North and the other two. Such a result spoke for itself.

The directors proposed to put this property on the market in the following manner: Two companies were offered for subscription, the one owning Carmel East and West, the other the North, South, and central mines. The two groups would respectively be called Carmel East and West, and Carmel. The vendor, Mr. Alington, received fifty thousand pounds down, and fifty thousand pounds' worth of shares, and the rest of the shares, after certain allotments made to the directors, were thrown open to public subscriptions, and the capital to be subscribed for was three hundred thousand pounds in Carmel East and West, five hundred thousand pounds in Carmel. Half a crown was to be paid on application, half a crown on allotment, and the remaining fifteen s.h.i.+llings for special settlement at not less time than two months. Cheques to be paid into the Carmel Company, Limited, at their account with Lloyd's.

This prospectus was quietly but favourably received; the public, as Mr.

Alington had seen, were nearly ready to go mad about West Australian gold, but he was not ill-pleased that the madness did not rise to raving-point at once. His new group he fully believed was a genuine paying concern; that is to say, supposing he had floated one company embracing all the mines, and that company was judiciously and honestly managed, the shareholders would be sure of large dividends for a considerable number of years. But the scheme he had formed did not have as its end and object large dividends for a considerable number of years, though it did not object to them as such, and this quiet, favourable reception of the prospectus pleased him greatly. He very much valued the reputation of a steady, shrewd man, and it would not have suited his plans nearly so well if one or other group had gone booming up immediately.

The whole of the capital was very soon subscribed, and a large purchase or two had been made from Australia. This looked well for the company; it showed that on the spot the Carmel groups were well thought of. A friend of Mr. Alington's, whom he often spoke of as one of the acutest men he knew, a Mr. Richard Chava.s.se, was one of these large holders, and this gave him a great deal of satisfaction, so he told Jack. He himself was down at Kit's cottage in Buckinghams.h.i.+re on the first Sunday in September, alone with Lord Conybeare, and they had a good talk over the prospects of the mines, and collateral subjects. He and Jack got on excellently alone, and were already in the "my dear Conybeare and Alington" stage.

"I could not be better pleased with the reception the market has given to the Carmel group," said Alington. "I see you have followed my advice, my dear Conybeare, and invested largely in the East and West Company."

Jack was lounging in a long chair in the smoking-room. The morning was hopelessly wet, and violent scudding rain beat tattooes on the windows, and scourged its glory from the garden.

"Yes, I have paid ten thousand half-crowns twice," he said. "Even half-crowns mount up, and I used to think nothing of them. I have followed your advice to the letter, and I can no more pay the special settlement than I can fly."

"You were quite right," said Alington. "I a.s.sure you there will not be the slightest need for that. By the way, the Stock Exchange have given us the special settlement at the mid-October account. Dear me! what an opportunity poor Lord Abbotsworthy has missed! He would not take my advice. Even now the shares are at a slight premium. You have invested, in fact, the larger half of your first year's salary."

"Exactly. By the way, I don't want my salary to be printed very large in the balance-sheet. Put it in a sequestered corner and periphrase it, will you? People won't like it, you know, and the whole concern will be discredited; they are so prejudiced."

"That also need not trouble you," said Alington. "In fact, I have paid your salary myself. It does not appear at all in the balance-sheet."

Lord Conybeare frowned.

"Do you mean you pay me five thousand pounds a year out of your own purse?"

"Certainly. Your services to me are worth that, and I pay it most willingly, which the shareholders undoubtedly would not do. Indeed, my dear Conybeare, the benefit that your name and Lord Abbotsworthy's--yours particularly--have done me is immense. The British public is so aristocratic at heart and at purse; and unless I am some day bankrupt, which I a.s.sure you is not in the least likely, no one will ever know about your--your remuneration."

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Mammon and Co Part 24 summary

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