The Project Gutenberg eBook ofMr. Clutterbuck's Election

The Project Gutenberg eBook ofMr. Clutterbuck's ElectionThis ebook is for the use of anyone anywhere in the United States and most other parts of the world at no cost and with almost no restrictions whatsoever. You may copy it, give it away or re-use it under the terms of the Project Gutenberg License included with this ebook or online atwww.gutenberg.org. If you are not located in the United States, you will have to check the laws of the country where you are located before using this eBook.Title: Mr. Clutterbuck's ElectionAuthor: Hilaire BellocRelease date: November 5, 2021 [eBook #66671]Most recently updated: October 18, 2024Language: EnglishOriginal publication: United Kingdom: Eveleigh Nash, 1908Credits: Tim Lindell, Graeme Mackreth and the Online Distributed Proofreading Team at https://www.pgdp.net (This file was produced from images generously made available by The Internet Archive/American Libraries.)*** START OF THE PROJECT GUTENBERG EBOOK MR. CLUTTERBUCK'S ELECTION ***

This ebook is for the use of anyone anywhere in the United States and most other parts of the world at no cost and with almost no restrictions whatsoever. You may copy it, give it away or re-use it under the terms of the Project Gutenberg License included with this ebook or online atwww.gutenberg.org. If you are not located in the United States, you will have to check the laws of the country where you are located before using this eBook.

Title: Mr. Clutterbuck's ElectionAuthor: Hilaire BellocRelease date: November 5, 2021 [eBook #66671]Most recently updated: October 18, 2024Language: EnglishOriginal publication: United Kingdom: Eveleigh Nash, 1908Credits: Tim Lindell, Graeme Mackreth and the Online Distributed Proofreading Team at https://www.pgdp.net (This file was produced from images generously made available by The Internet Archive/American Libraries.)

Title: Mr. Clutterbuck's Election

Author: Hilaire Belloc

Author: Hilaire Belloc

Release date: November 5, 2021 [eBook #66671]Most recently updated: October 18, 2024

Language: English

Original publication: United Kingdom: Eveleigh Nash, 1908

Credits: Tim Lindell, Graeme Mackreth and the Online Distributed Proofreading Team at https://www.pgdp.net (This file was produced from images generously made available by The Internet Archive/American Libraries.)

*** START OF THE PROJECT GUTENBERG EBOOK MR. CLUTTERBUCK'S ELECTION ***

MR. CLUTTERBUCK'S ELECTION

NEW SIX-SHILLING NOVELSTHE MAGIC OF MAYBy "Iota," Author of "The Yellow Aster," etc."A document of the hour."—Times.THE THIEF ON THE CROSSBy Mrs.Harold Gorst, Author of "This Our Sister," etc."'The Jungle' of London."—Daily Graphic.THE KISS OF HELENByCharles Marriott, Author of "The Wondrous Wife.""A book to read slowly and remember long."Evening Standard.THE FIFTH QUEEN CROWNED ByFord Madox Hueffer, Author of "The Fifth Queen," etc."A wonderful picture of the time."—Daily Mail.A GENTLEMAN OF LONDONByMorice Gerard, Author of "Rose of Blenheim," etc."A pleasure to read."—Globe.

MR. CLUTTERBUCK'SELECTION

BY

H. BELLOC

AUTHOR OF "EMANUEL BURDEN"

LONDON

EVELEIGH NASH

FAWSIDE HOUSE

1908

To

GILBERT CHESTERTON

Idem Sentire de Republicâ...

MR. CLUTTERBUCK'S ELECTION

CHAPTER I

Towardsthe end of the late Queen Victoria's reign there resided in the suburban town of Croydon a gentleman of the name of Clutterbuck, who, upon a modest capital inherited from his father, contrived by various negotiations at his office in the City of London to gain an income of now some seven hundred, now more nearly a thousand, pounds in the year.

It will be remembered that a war of unprecedented dimensions was raging, at the time of which I speak, in the sub-continent of South Africa.

The President of the South African Republic, thinking the moment propitious for a conquest of our dominions, had invaded our territory after an ultimatum of incredible insolence, and, as though it were not sufficient that we should grapple foe to foe upon equal terms, the whole weight of theOrange Free State was thrown into the scale against us.

The struggle against the combined armies which had united to destroy this country was long and arduous, and had we been compelled to rely upon our regular forces alone things might have gone ill. As it was, the enthusiasm of Colonial manhood and the genius of the generals prevailed. The names of Kitchener, Methuen, Baden-Powell, and Rhodes will ever remain associated with that of the Commander-in-Chief himself, Lord Roberts, who in less than three years from the decisive victory of Paardeburg imposed peace upon the enemy. Their territories were annexed in a series of thirty-seven proclamations, and form to-day the brightest jewel in the Imperial crown.

These facts—which must be familiar to many of my readers—I only recall in order to show what influence they had in the surprising revolutions of fortune which enabled Mr. Clutterbuck to pass from ease to affluence, and launched him upon public life.

The business which Mr. Clutterbuck had inherited from his father was a small agency chiefly concerned with the Baltic trade. This business had declined; for Mr. Clutterbuck's father had failed to follow the rapid concentration of commercial effort which is the mark of our time. But Mr. Clutterbuckhad inherited, besides the business, a sum of close upon ten thousand pounds in various securities: it was upon the manipulation of this that he principally depended, and though he maintained the sign of the old agency at the office, it was the cautious buying and selling of stocks which he carefully watched, various opportunities of promotion in a small way, commissions, and occasional speculations in kind, that procured his constant though somewhat irregular income. To these sources he would sometimes add private advances or covering mortgages upon the stock of personal friends.

It was a venture of the latter sort which began the transformation of his life.

The last negotiations of the war were not yet wholly completed, nor had the coronation of his present Majesty taken place when, in the early summer of 1902, a neighbour of the name of Boyle called one evening at Mr. Clutterbuck's house.

Mr. Boyle, a man of Mr. Clutterbuck's own age, close upon fifty, and himself a bachelor, had long enjoyed the acquaintance both of Mr. Clutterbuck and of his wife. Some years ago, indeed, when Mr. Boyle resided at the Elms, the acquaintance had almost ripened into friendship, but Mr. Boyle's ill-health, not unconnected with financial worries, and later his change of residence to15 John Bright Gardens had somewhat estranged the two households. It was therefore with a certain solemnity that Mr. Boyle was received into the neat sitting-room where the Clutterbucks were accustomed to pass the time between tea and the hour of their retirement.

They were shocked to see how aged Mr. Boyle appeared: he formed, as he sat there opposite them, the most complete contrast with the man whose counsel and support he had come to seek. For Mr. Clutterbuck was somewhat stout in figure, of a roundish face with a thick and short moustache making a crescent upon it. He was bald as to the top of his head, and brushed across it a large thin fan of his still dark hair. His forehead was high, since he was bald; his complexion healthy. But Mr. Boyle, clean-shaven, with deep-set, restless grey eyes, and a forehead ornamented with corners, seemed almost foreign; so hard were the lines of his face and so abundant his curly and crisp grey hair. His gestures also were nervous. He clasped and unclasped his hands, and as he delivered—at long intervals—his first common-place remarks, his eyes darted from one object to another, but never met his host's: he was very ill.

His evident hesitation instructed Mrs. Clutterbuck that he had come upon some important matter; she therefore gathered up the yellow satin centre,upon the embroidery of which she had been engaged, and delicately left the room.

When she had noiselessly shut the door behind her, Mr. Boyle, looking earnestly at the fire, said abruptly:

"What I have come about to-night, Mr. Clutterbuck, is a business proposition." Having said this, he extended the fore and middle fingers of his right hand in the gesture of an episcopal benediction, and tapped them twice upon the palm of his left; which done, he repeated his phrase: "A business proposition"; cleared his throat and said no more.

Mr. Clutterbuck's reply to this was to approach a chiffonier, to squat down suddenly before it in the attitude of a frog, to unlock it, and to bring out a cut glass decanter containing whiskey. The whiskey was Scotch; and as Mr. Clutterbuck straightened himself and set it upon the table, he looked down upon Mr. Boyle with a look of property and knowledge, winked solemnly and said:

"Now, Mr. Boyle! This is something you won't get everywhere. Pitt put me up to it." He made a slight gesture with his left hand. "Simply couldn't be bought; that's what Pitt said. Not in the market! Say when"—and with a firm smile he poured the whiskey into a glass which he set by Mr. Boyle's side, and next poured a far smalleramount into his own. Indeed it was a feature of this epoch-making interview that the sound business instinct of Mr. Clutterbuck restrained him to a great moderation as he listened to his guest's advances.

When Mr. Boyle had drunk the first glass of that whiskey which Mr. Pitt had so kindly recommended to Mr. Clutterbuck, he was moved to continue:

"It's like this: if you'll meet me man to man, we can do business." He then murmured: "I've thought a good deal about this"—and while Mr. Boyle was indulging in these lucid preliminaries, Mr. Clutterbuck, who thoroughly approved of them, nodded solemnly several times.

"What I've got to put before you," said Mr. Boyle, shifting in his seat, gazing earnestly at Mr. Clutterbuck and speaking with concentrated emphasis, "is eggs!"

"Eggs?" said Mr. Clutterbuck with just that tone of contempt which the other party to a bargain should assume, and with just as much curiosity as would permit the conversation to continue.

"Yes, eggs," said Mr. Boyle firmly; then in a grand tone he added, "a million of 'em.... There!" And Mr. Boyle turned his head round as triumphantly as a sick man can, and filled up his glass again with whiskey and water.

"Well," said Mr. Clutterbuck, "what about yourmillion eggs? What you want? Are you buying 'em or selling 'em, or what?"

The somewhat unconventional rapidity of Mr. Clutterbuck did not disturb Mr. Boyle. He leaned forward again and said: "I've only come to you because it's you. I knew you'd see it if any man would, and I thought I'd give you the first chance."

"Yes," said Mr. Clutterbuck slowly, "but how do you mean? Is it buying or selling, or what?"

"Neither," said Mr. Boyle, and then like a horse taking a hedge, he out with the whole business and said:

"It's cover. I want to carry on."

"Oh!" said Mr. Clutterbuck deliberately cold, "that's a question of how much and on what terms. Though for the matter of business from one gentleman to another, I don't see what a million eggs anyhow, if you understand me...."

Here he began to think, and Mr. Boyle nodded intelligently to show that he completely followed the train of Mr. Clutterbuck's thought.

Mr. Boyle filled his glass again with whiskey and waited, but Mr. Clutterbuck, who had ever appreciated the importance of sobriety in the relations of commerce, confined himself to occasional sips at his original allowance. When some intervals of silence had passed between them in this manner,and when Mr. Boyle had, now for the fourth time, replenished his glass, Mr. Clutterbuck, who could by this time survey the whole scheme in a lucid and organised fashion, repeated the number of eggs, to wit, one million, and after a considerable pause repeated also the fundamental proposition that it was a question of how much and upon what terms.

Mr. Boyle, staring at the fire and apparently obtaining some help from it, made answer: "A thousand."

A lesser man than Mr. Clutterbuck would perhaps have professed astonishment at so large a sum; he, however, like all men destined for commercial greatness at any period, however tardy, in their lives, said quietly:

"More like five hundred."

Mr. Clutterbuck had not yet divided one million by a thousand or by five hundred; still less had he estimated the probable selling value of an egg; but he was a little astonished to hear Mr. Boyle say with lifted eyebrows and a haughty expression: "Done with you!"

"It is not done with me at all," said Mr. Clutterbuck hotly, as Mr. Boyle poured out a fifth glass of whiskey and water. "It's not done with me at all! Wait till you see my bit of paper!"

Mr. Boyle assumed a look of weariness. "Mydear sir," he said, "I was only speaking as one gentleman would to another."

Mr. Clutterbuck nodded solemnly.

"It's not a matter of five hundred or a thousand between men like you and me."

Mr. Clutterbuck still nodded.

"I'm not here to see your name in ink. I'm here to make a business proposition."

Having said so much he rose to go. And Mr. Clutterbuck, appreciating that he had gained one of those commercial victories which are often the foundation of a great fortune, said: "I'll come and see 'em to-morrow. Current rate."

"One above the Bank," said Mr. Boyle, and they parted friends.

When Mr. Boyle was gone, Mr. Clutterbuck reclined some little time in a complete blank: a form of repose in which men of high capacity in organisation often recuperate from moments of intense activity. In this posture he remained for perhaps half an hour, and then went in, not without hesitation, to see his wife.

Eighteen years of married life had rendered Mrs. Clutterbuck's features and manner familiar to her husband. It is well that the reader also should have some idea of her presence. She habitually dressed in black; her hair, which had never been abundant, was of the same colour, and shone with extraordinaryprecision. She was accustomed to part it in the middle, and to bring it down upon either side of her forehead. It was further to be remarked that round her neck, which was long and slender, she wore a velvet band after a fashion which royalty itself had not disdained to inaugurate. At her throat was a locket of considerable size containing initials worked in human hair; upon her wrists, according to the severity of the season, she wore or did not wear mittens as dark as the rest of her raiment. She spoke but little, save in the presence of her husband; her gestures were restrained and purposeful, her walk somewhat rapid; and her accent that of a cultivated gentlewoman of the middle sort; her grammar perfect. Her idiom, however, when it was not a trifle selected, occasionally erred. Her hours and diet are little to my purpose, but it is perhaps worth while to note that she rose at seven, and was accustomed to eat breakfast an hour afterwards, while hot meat in the middle of the day and cold meat after her husband's office hours, formed her principal meals. Her recreations were few but decided, and she had the method to attack them at regular seasons. She left Croydon three times in the year, once to visit her family at Berkhampstead, to which rural village her father had retired after selling his medical practice; once to the seaside, and once to spend a few days in the heart of London, during whichholiday it was her custom to visit the principal theatres in the company of her husband.

She had no children, and was active upon those four societies which, at the time of which I speak, formed a greater power for social good than any others in Croydon—the Charity Organisation Society, the Society for the Prevention of Cruelty to Animals, a similar society which guaranteed a similar immunity to the children of the poor, and the Association for the Reform of the Abuses prevalent in the Congo "Free" State.

Though often solicited to give her aid, experience and subscriptions to many another body intent upon the uplifting of the lower classes, she had ever strictly confined herself to these four alone, which, she felt, absorbed the whole of her available energy. She had, however, upon two occasions, consented to take a stall for our Dumb Friends' League, and had once been patroness of a local ball given in support of the Poor Brave Things. In religion she was, I need hardly add, of the Anglican persuasion, in which capacity she attended the church of the Rev. Isaac Fowle; though she was not above worshipping with her fellow citizens of other denominations when social duty or the accident of hospitality demanded such a courtesy.

As Mr. Clutterbuck entered, Mrs. Clutterbuck continued her work of embroidery at the yellowcentre, putting her needle through the fabric with a vigour and decision which spoke volumes for the restrained energy of her character; nor was she the first to speak.

Mr. Clutterbuck, standing at the fire parting his coat tails and looking up toward that ornament in the ceiling whence depended the gas pipe, said boldly: "Well, he got nothing out ofme!"

Mrs. Clutterbuck, without lifting her eyes, replied as rapidly as her needlework: "I don't want to hear about your business affairs, Mr. Clutterbuck. I leave gentlemen to what concerns gentlemen. I hope I knowmywork, and that I don't interfere where I might only make trouble." It is remarkable that after this preface she should have added: "Though why you let every beggar who darkens this door make a fool of you is more than I can understand."

Mr. Clutterbuck was at some pains and at great length to explain that the imaginary transaction which disturbed his wife's equanimity had not taken place, but his volubility had no other effect than to call from her, under a further misapprehension, a rebuke with regard to his excess in what she erroneously called "wine." Her sympathetic remarks upon Mr. Boyle's state of health and her trust that her husband had not too much taxed his failing energies, did little to calm that business man'snow legitimate irritation, and it must be confessed that when his wife rose in a commanding manner and left the room to put all in order before retiring, a dark shadow of inner insecurity overcast the merchant's mind.

It was perhaps on this account that he left next day for the City by the 8.32 instead of taking, as was his custom, the 9.17; and that, still moody after dealing with his correspondence, he sought the office of Mr. Boyle in Mark Lane.

As he went through the cold and clear morning with the activity and hurry of the City about him, he could review the short episode of the night before in a clearer light and with more justice. His irritation at his wife's remarks had largely disappeared; he had recognised that such irritation is always the worst of counsellors in a business matter; he remembered Mr. Boyle's long career, and though that career had been checkered, and though of late they had seen less of each other, he could not but contrast the smallness of the favour demanded with the still substantial household and the public name of his friend. He further recollected, as he went rapidly eastward, more than one such little transaction which had proved profitable to him in the past, not only in cash, but, what was more important to him, in business relations.

It was in such a mood that he reached Mr. Boyle'soffice: his first emotion was one of surprise at the fineness of the place. He had not entered it for many years, but during those years he had hardly represented Mr. Boyle to himself as a man rising in the world. He was surprised, and agreeably surprised; and when one of the many clerks informed him that Mr. Boyle was down at the docks seeing to the warehouse, he took accurate directions of the place where he might find him, and went off in a better frame of mind; nay, in some readiness to make an advance upon that original quotation of five hundred which, he was now free to admit, had been accepted by Mr. Boyle with more composure than he had expected.

He was further impressed as he left the office to see upon a brass plate the new name of Czernwitz added to Mr. Boyle's and to note the several lines of telephone which radiated from the central cabin that served the whole premises.

Commercial requirements are many, complicated, delicate and often secret; nor was Mr. Clutterbuck so simple as to contrast the excellent appointments of the office and the air of prosperity which permeated it, with the personal and private offer for an advance which Mr. Boyle had been good enough to make.

The partnership of which Mr. Boyle was a member was evidently sound—the name of Czernwitz was enough to show that; there could be little doubt of the banking support behind such an establishment; but the relations between partners often involve special details of which the outside world is ignorant, the moment might be one in which it was inconvenient to approach the bank in the name of the firm; a large concession might, for all he knew, have just been obtained for some common purpose; Mr. Boyle himself might have in hand a personal venture bearing no relation to the transactions of the partnership; he might even very probably be gathering, from more than one quarter, such small sums as he required for the moment. A man must have but little acquaintance with the City whose imagination could not suggest such contingencies, and upon an intimate acquaintance with the City and all its undercurrents Mr. Clutterbuck very properly prided himself. During that brief walk all these considerations were at work in Mr. Clutterbuck's mind, and severally leading him to an act of generosity which the future was amply to justify.

He went down to the docks; he entered the warehouse, and was there astonished to observe so many cases, each so full of brine, and that brine so packed with such a vast assemblage of eggs held beneath the surface by wire lattices, that an impression of incalculable wealth soon occupied the wholeof his spirit; for he perceived not only the paltry million in which Mr. Boyle had apparently embarked some private moneys (the boxes were marked with his name), but the vast stores of perhaps twenty other merchants who had rallied round England in her hour of need and had prepared an inexhaustible supply of sterilised organic albumenoids for the gallant lads at the front.

He went up several stairs through what must have been three hundred yards of corridor with eggs and eggs and eggs on every side—it seemed to him a mile—he pushed through a dusty door and saw at last the goal of his journey: Mr. Boyle himself. Mr. Boyle was wearing a dazzling top hat, he was dressed in a brilliant cashmere twill relieved by a large yellow flower in his buttonhole, and was seated before a little instrument wherein an electric lamp, piercing the translucency of a sample egg, determined whether it were or were not still suitable for human food.

Mr. Boyle recognised his visitor, nodded in a courteous but not effusive way, and continued his observations. He rose at last, and offered Mr. Clutterbuck a squint (an offer which that gentleman was glad to accept), and explained to him the working of the test; then he removed the egg from its position before the electric lamp, deposited it with care beneath the brine under that section of the latticeto which it belonged, and said with a heartiness which his illness could not entirely destroy: "What brings you here?"

Mr. Clutterbuck in some astonishment referred to their conversation of the night before.

Mr. Boyle laughed as soundly as a sick man can, coughed rather violently after the laugh, and said: "Oh, I'd forgotten all about it—it doesn't matter. I've seen Benskin this morning, and there's no hurry."

"My dear Boyle," said Mr. Clutterbuck warmly.

Mr. Boyle waved him away with his hand. "My dear fellow," he said, "don't let's have any explanations. I saw you didn't like the look of it, and, after all, what does it matter? If one has to carry on for a day or two one can always find what one wants. It was silly of me to have talked to you about it. But when a man's ill he sometimes does injudicious things."

Here Mr. Boyle was again overcome with a very sharp and hacking cough which was pitiful to hear.

"You don't understand me, Boyle," said Mr. Clutterbuck with dignity and yet with assurance. "If it was a matter of friendship I'd do it at once; but I can see perfectly well it's a matter of business as well, and you ought to allow me to combine both: I've known you long enough!"

Mr. Boyle, after a further fit of coughing, caught his breath and said: "You mean I ought to go to Benskin and let you in for part of it?"

"My dear Boyle," said Mr. Clutterbuck, now quite at his ease, "let me in for the whole of it, or what you like. After all, when you spoke about the matter last night it was sudden, and——"

"Yes, I know, I know," said Mr. Boyle, impatiently, "that's what I'm like.... You see I've twenty things to think of—these eggs are only part of it; and if I were to realise, as I could...."

Mr. Clutterbuck cut him short: "Don't talk like that, Boyle," he said, "I'll sign it here and now; and you shall send me the papers when you like."

"No, no," said Mr. Boyle, "that's not business. I'll introduce you to Benskin and you can talk it over."

With that he began to lead the way towards Mr. Benskin's office, when he suddenly thought better of it, and said: "Look here, Clutterbuck, this is the best way: I'll send you the papers. I'm in for a lot more than a million, but I'll earmark that million—eggs I mean. I won't bring Benskin into it, I'll send you the papers and when your six and eight-penny has passed 'em, you can hand over therisk if you like. I want it, I tell you frankly, I want several of 'em, and I'm getting 'em all round; but there's no good letting everybody know. I won't touch your envelope or your pink slip till you've had the papers and got them passed. They're all made up, I'll send them round."

In vain did Mr. Clutterbuck protest that for so small a sum as £500 it was ridiculous that there should be formalities between friends. Mr. Boyle, alternately coughing and wagging his head, was adamant upon the matter. He led Mr. Clutterbuck back through the acres of preserved eggs, choosing such avenues as afforded the best perspective of these innumerable supplies, crossed with him the space before the Minories, re-entered, still coughing, the narrowness of Mark Lane, and promising Mr. Clutterbuck the papers within a few hours, turned into his own great doors.

Long before those hours were expired Mr. Clutterbuck had made up his mind: he knew the value of informal promptitude in such cases. He had hardly reached his own offices in Leadenhall Street, he had barely had time to take off his overcoat, to hang his hat upon a peg, to cover his cuffs with paper, to change into his office coat, and to take his seat at his desk, when he dictated a note relative to an advance in Perus, signed his cheque for five hundred and sent it round by a private messengerwith a few warm lines in his own handwriting such as should accompany a good deed wisely done.

He was contented with himself, he appreciated, not without justice, the rapidity and the sureness of his judgment; he withdrew the paper from his cuffs, put on his City coat and his best City hat, and determined to afford himself a meal worthy of so excellent a transaction. But genius, however lucid and immediate, is fated to endure toil as much as it is to enjoy vision; and this excellent speculation, greatly and deservedly as it was to enhance Mr. Clutterbuck's commercial reputation, was not yet safe in harbour.

He returned late from his lunch, which he had rounded up with coffee in the company of a few friends. It was nearly four. He asked carelessly if any papers had reached him from Mr. Boyle's office or elsewhere, and, finding they had been delayed, he went home without more ado, to return for them in the morning. He reached Croydon not a little exhilarated and pleased at the successes of the day—for he had had minor successes also; he had sold Pernambucos at 16½ just before they fell. In such a mood he committed the imprudence of making Mrs. Clutterbuck aware, though in the vaguest terms, that her opinion of Mr. Boyle was harsh, and that his own judgment of the man had risen not a littlefrom what he had seen that day. The lady's virtuous silence spurred him to further arguments, and though his confidences entered into no details and certainly betrayed nothing of the main business, yet the next morning as he reviewed the conversation in his mind, he regretted it.

He approached his office on that second day in a sober mood, prepared to scan the document which he awaited, and, if necessary, to visit his lawyer. No document was there; but Mr. Clutterbuck had had experience of the leisure of a solicitor's office, and, in youth, too many reminders of the results of interference to hasten its operation. What did surprise him, however, and that most legitimately, was the absence of any word of acknowledgment from his friend, in spite of the fact that the cheque had been cashed, as he discovered, the day before at a few minutes past twelve. Of all courses precipitation is the worst. Mr. Clutterbuck occupied himself with other matters; worked hard at the Warra-Mugga report, mastered it; sold Perterssens for Warra-Muggas (a very wise transaction); and returned home in a thoughtful mood by a late train.

The first news with which Mrs. Clutterbuck greeted him was the sudden and serious illness of Mr. Boyle, who was lying between life and death at 15 John Bright Gardens. As she announced thisfact to her husband, she looked at him in a manner suggestive neither of conciliation, nor of violence, nor of weakness, but, as it were, of calm control; and Mr. Clutterbuck, acting upon mixed emotions, among which anxiety was not the least, went out at once to have news of his friend. All that he could hear from the servant at the door was that the doctor would admit no visitor; that her master was extremely ill, but that he was expected to survive the night.

Mr. Clutterbuck hurried back home in a considerable confusion of mind, and was glad to find, as he approached his house, that everything was dark.

Next morning he postponed his journey to the City to call again as early as he decently could at 15 John Bright Gardens. Alas! the blinds were drawn at every window. The Dread Reaper had passed.

The effect produced by this calamity upon Mr. Clutterbuck was such as would have thrown a more emotional man quite off his balance. The loss of so near a neighbour, the death of a man with whom but fifty hours ago he had been in intimate conversation, was in itself a shock of dangerous violence. When there was added to this shock his natural doubts upon the status of the Million Eggs, it is not to be wondered that a sort of distractionfollowed. He ran, quite forgetful of his dignity, to the nearest telephone cabin, rang up his office in the City, was given the wrong number, in his agony actually forgot to repeat the right number again, dashed out without paying, returned to fulfil this formality, pelted away toward the station, missed the 11.28, and, such was his bewildered mood, leapt upon a tram as though this were the quickest means of reaching information.

In a quarter of an hour a little calm was restored to him, though by this time the rapid electric service of the Electric Traction Syndicate had carried him far beyond the limits of Croydon. He got out at a roadside office, wrote out and tore up again half a dozen telegrams, seized a time-table, determined that after all the train was his best refuge, and catching the 12.17 at Norwood Junction, found himself in the heart of the City before half-past one. A hansom took him to his office after several intolerable but unavoidable delays in the half-mile it had to traverse. His visible perturbation was a matter of comment to his subordinates, who were not slow to inform him before he opened his mouth that the documents had not yet arrived.

Exhaustion followed so much feverish activity, an anxiety, deeper if possible than any he had yet shown, settled upon Mr. Clutterbuck's features. Heforgot to lunch, he walked deliberately to the warehouse, only to be asked what his business might be, and to be told that the particular section of eggs which he named were the property of Messrs. Czernwitz and Boyle, and could be visited by no one without their written order.

The tone in which this astonishing message was delivered would have stung a man of less sensitiveness and breeding than Mr. Clutterbuck; he turned upon his heel in a mood to which anger was now added, and immediately sought the office of that firm. But he was doomed to yet further delay. No one was in who could give him any useful information, nor even any one of so much responsibility as to be able to explain to him the extraordinary occurrences of the last few days.

He was at the point of a very grave decision—I mean of going on to his lawyers and perhaps disturbing to no sort of purpose the most delicate of commercial relations—when there moved past him into the office the ponderous and well-clad form of a gentleman past middle age, with such magnificent white whiskers as adorn the faces of too many Continental bankers, and wearing a simple bowler hat of exquisite shape and workmanship. He was smoking a cigar of considerable size and of delicious flavour, and by the deference immediately paid tohim upon his entry, Mr. Clutterbuck, as he stood in nervous anxiety by the door, could distinguish the head of the firm.

It was characteristic of the Baron de Czernwitz, and in some sort an explanation of his future success in our business world, ever so suspicious of the foreigner, that the moment he had heard Mr. Clutterbuck's name and business, he turned to him, in spite of his many preoccupations, with the utmost courtesy and said:

"It iss myself you want? You shall come hier."

With these words he put his arm in the most gentlemanly manner through that of his exhausted visitor, and led him into an inner room furnished with all the taste and luxury which the Baron had learnt in Naples, Wurtemburg, Dantzig, Paris, and New York.

"Mr. Clottorbug, Mr. Clottorbug," he said leaning backwards and surveying the English merchant with an almost paternal interest, "what iss it I can do for you?"

Mr. Clutterbuck, quite won by such a manner, unfolded the whole business. As he did so the Baron's face became increasingly grave. At last he took a slip of paper and noted on it one or two points—the amount, the date, and time of the transaction. This he gravely folded into four, and as gravely placed within a Russian leather pocket-book which contained, apart from certain masonic engagements, a considerable quantity of bank notes wrapped round an inner core of letter paper.

I cannot deny that Mr. Clutterbuck expected little from this just if good-natured man. The Baron, with whose name he was familiar, had no concern with, and no responsibility in, the most unfortunate accident which had befallen him. To make the interview (whose inevitable termination he thought he could foresee) the easier, Mr. Clutterbuck murmured that no doubt the firm of solicitors were preparing the papers, and that they would be in his hands within a brief delay. The Baron smiled largely and wagged his ponderous head.

"Oh! noh!" he said, and then added, as though he were summing up the thoughts of many years, "He voss a bad egg!"

Such an epithet applied to a friend but that moment dead might have shocked Mr. Clutterbuck under other circumstances; as things were, he could not entirely disagree with the verdict; and when he had informed the financier that Mr. Boyle's name had been placed separately from his partner's upon the boxes of the firm, even that expressionseemed hardly strong enough to voice M. de Czernwitz's feelings.

He next learned from the Baron's own lips how from senior partner Mr. Boyle had sunk to a salaried position; how even so he had but been retained through the kindness of the Baron; how he had more than once involved himself in petty gambling, and how the Baron had more than once actually paid the debts resulting from that mania; how his name had been kept upon the plate only after the most urgent entreaties and to save his pride; and how the Baron now saw that this act of generosity had been not only unwise but perhaps unjust in its effect upon the outer world.

When he had concluded his statement the nobleman knocked the ash from his cigar in such a manner that part of it fell upon Mr. Clutterbuck's trousers, and surveyed that gentleman with a shade of sadness for some moments.

Mr. Clutterbuck rose as though to go, saying, as he did so, that he had no business to detain his host, that he must bear his own loss, and that there was no more to be done. But the Baron, half rising, placed upon his shoulder a hand of such weight as compelled him to be seated.

"You shallnotsoffer!" he exclaimed to Mr. Clutterbuck's mingled amazement and delight. He spent the next few minutes in devising a plan, andat last suggested that Mr. Clutterbuck should be permitted to purchase at a nominal price, the unhappy Million Eggs which were at the root of all this tragedy. He rang the bell for certain quotations and letters recently despatched by his firm; he satisfied the merchant of the prices to be obtained from Government under contracts which, he was careful to point out, ran "until hostilities in South Africa should have ceased"; he pointed out the advantages which so distant and indeterminate a date offered to the seller; and he concluded by putting the stock at Mr. Clutterbuck's disposal for £250.

Mr. Clutterbuck's gratitude knew no bounds. He was accustomed to the hard, dry, unimaginative temper of our English houses, and there swam in his eyes that salt humour which survives, alas! so rarely in the eyes of men over forty. He shook the Baron's left hand warmly—the right was occupied with the stump of the cigar—he reiterated his obligation, and came back to his own office with the gaiety of boyhood.

He found M. de Czernwitz a very different man of business from the unhappy fellow who had now gone to his account. Before five o'clock everything was in order, and he slept that night the possessor in law (and, as his solicitor was careful to advise him, in fact also) of One Million Eggs, supplyfor the army in South Africa during the continuance of hostilities, and acquired by the substantial but moderate total investment of £750.

So true is it that probity and generosity go hand in hand with success in the world-wide commerce of our land.

CHAPTER II

Thereare accidents in business against which no good fortune nor even the largest generosity can protect us.

Mr. Clutterbuck woke the next morning, after a night of such repose as he had not lately enjoyed. The June morning in that delightful Surrey air awoke all the perfumes of his small but well-ordered garden, and he sauntered with a light step down its neat gravel paths, reflecting upon his new property, considering what advice he should take, whether to hold it for the necessities that might arise later in the year if the campaign should take a more difficult turn, or whether it would be found the experience of such of his friends as held Government contracts, that he had better offer at once in the expectation of an immediate demand.

To settle such questions needed some conversation with men back from the front, a certain knowledge of the conditions in South Africa (where, he was informed, the month of June was the depth ofwinter), and many another point upon which a sound decision should repose.

As he mapped out his consequent activity for the coming day, he heard the postman opening the gate in front of his villa, and went out to intercept the daily paper which he delivered.

Mr. Clutterbuck tore its cover thoughtlessly enough in the expectation of discovering some minor successes or perhaps an unfortunate but necessary surrender of men and guns, when a leaded paragraph in large type and at the very head of the first column, struck him almost as with a blow. With a dramatic suddenness that none save a very few in the highest financial world could have expected, negotiations for peace had opened and the enemy had laid down their arms.

Mr. Clutterbuck sat down upon the steps of his house, oblivious of the giggling maid who was washing the stone behind him, and gazed blankly at the two Wellingtonias and the Japanese arbutus which dignified his patch of lawn. He left the paper lying where it was, and moved miserably into the house.

During the meal Mrs. Clutterbuck made no more allusion to his business than was her wont, and was especially careful to say nothing in regard to the deceased friend, whose relations with her husband she knew had latterly been more than those of anordinary acquaintance. She did, however, permit herself to suggest that there must be something extraordinary in the fact that the blinds in Mr. Boyle's house were now lifted, that there had been no orders for a funeral, and that her own investigations among her neighbours made it more than probable that no such ceremony would be needed.

The candid character of her husband was slow to seize the significance of this last item, but when in the course of the forenoon a police inspector, accompanied by a less exalted member of the force, respectfully desired an interview with him, Mr. Clutterbuck could not but experience such emotions as men do who find themselves engulfed in darkness by a sudden flood.

He was happy to find, after the first few moments, that it was not with him these bulwarks of public order were concerned, but with that faithless man whose name he had determined never again to pronounce.

Did Mr. Clutterbuck know anything of Mr. Boyle's movements? When had he last seen him? Had Mr. Boyle, to his knowledge, taken the train for Croydon as usual on the day he cashed the cheque? Had he any knowledge of Mr. Boyle's intentions? Had Mr. Boyle shown him, by accident or by design, a ticket for any foreign port? And if so (added theofficial with the singular finesse of his profession) was that ticket made out for Buenos Ayres?

To all of these questions Mr. Clutterbuck was happily able to give a frank, straightforward, English answer such as satisfied his visitors. Nor did he dismiss them without offering, in spite of the matutinal hour, to the more exalted one a glass of wine, to the lesser a tumbler of ale. To see them march in step out of his carriage gate was the first relief he had obtained that morning.

He comforted his sad heart by the very object of his sadness, as is our pathetic human way. He took a sort of mournful pride in handling the great key that gave him access to the warehouse, and a peculiar pleasure in snubbing the servant who had denied him when he had called before.

These eggs after all were a possession; they were a tangible thing, a million was their number; the very boxes in which they soaked were property; and it cannot be denied that Mr. Clutterbuck, who had hitherto possessed no real thing nor extended his personality to any visible objects beyond his furniture, his clothes, his pipe, his bicycle, and his wife, could not but be influenced by the sense of ownership. Sometimes he would select an egg at random, and placing it in the machine which had been witness of his first decisive interview, he would examine whether or no it were still transparent;but the occupation was but a pastime. Often he did not really note their condition, and when he did note it, whether that condition were satisfactory or no, he would replace the sample as solemnly as he had chosen it.

Day after day it was Mr. Clutterbuck's mournful occupation to regard them as they lay stilly in their brine, these eggs that had so long awaited the call to arms from South Africa; that call which never came. To complete his despair the rumours of a full treaty of peace, which had tortured him for a whole week, were finally confirmed. He seemed irrecoverably lost, and though a preserved egg will always fetch its price in this country, yet the distribution of so vast a number, the search for a market, and the presence of such considerable competitors on every side—the total length of the boxes in which the eggs were stored amounted to no less than six miles and one-third—made him despair of recovering even one-half of the original sum which he had risked.

Mr. Clutterbuck must not be blamed for an anxiety common to every man of affairs in speculations which have not yet matured: and those who, from a more exalted position in society, or from a more profound study of our institutions would have reposed confidence in the equity of the Government, must not blame the humble merchant of Croydonif in his bewilderment he misjudged for a moment the temper of a British Cabinet.

That temper did not betray him. The Government, at the close of the war were more than just—they were bountiful to those who, in the expectation of a prolonged conflict, had accumulated stores for the army.

No one recognised better than the Cabinet of the day under what an obligation they lay to the mercantile world which had seen them through the short but grave crisis in South Africa, nor did any men appreciate better than they the contract into which they had virtually if not technically entered, to recoup those whom their abrupt negotiations for peace had left in the lurch. It could not be denied that the published despatches of Lord Milner and the frequently expressed determination of the Government never to treat with the Dutch rebels in the Transvaal, had led the community in general to imagine a conflict of indefinite duration. And if, for reasons which it is not my duty to criticise here, they saw fit to reverse this policy and to put their names to a regular treaty, the least they could do for those whose patriotism had accumulated provisions to continue the struggle, was to recompense them not only equitably but largely for their sacrifice.

The decision so to act and to repurchase, with a special generosity, the eggs accumulated for ourforces, was reinforced by many other considerations besides those of political equity. It was recognised that for some time to come a considerable garrison would be necessary to constrain the terrible foe whom we had so recently vanquished; it was recognised that of all articles of diet the egg has recently been proved the most sustaining for its weight and price; the perishable nature of the commodity, though it had been counteracted by the scientific methods of the packers, was another consideration of great weight, certain as it was that the preservation of these supplies could not be indefinitely continued, and that the moment they were moved dissolution would be at hand; finally, the Government could not forget that these eggs, worth but a paltry farthing apiece upon the shores of the Baltic or in the frozen deserts of Siberia, would exchange in the arid waste of the veldt for fifty times that sum.

My readers will have guessed the conclusion: in spite of the fact that the chief packer was no less than Sir Henry Nathan, a man willing to wait, well able to do so, a continual and generous subscriber to the Relief Funds; in spite of a letter to theTimessigned by Baron de Czernwitz himself in the name of the larger holders, and professing every willingness to accept bonds at 3½ per cent., the condition of the smaller men was enough to decide the Government. Within a week of the cessation of hostilities, offers had been issued to all the owners at the rate, less carriage, of one shilling for each egg which should be found actually present beneath the surface of the brine; for here, as in every other matter, our Government regulations are strict and minute; there was no intention of paying in the rough for a vague or computed number: it was necessary that every egg should be counted, and its preservation determined, before a shilling of public money should be exchanged for it. The inspection, the cost of which fell, as was only just, upon the public purse, was rapidly and efficiently accomplished by a large body of experts chosen for the purpose, and organised under the direction of Lord Henry Townley, whose name and salary alone are a guarantee of scientific excellence and accuracy. Thus it was that a group of merchants who had in no way pressed the authorities, who had stood the stress and strain of waiting during those last critical days before the Treaty of Vereeniging was signed, obtained, as such men always will from our Commonwealth, the just reward of their public spirit and endurance.

Mr. Clutterbuck was perhaps not so fortunate as some others. Of the million eggs which he nominally controlled, no less than 8306 were rejected upon examination, and the bonds he received, so far fromamounting to a full £5000, fell short of that sum by over £415. Certain expenses incidental to the transaction further lowered the net amount paid over, but even under these circumstances Mr. Clutterbuck was not disappointed to receive over £4500 as his share of compensation for loss and delay.

Those who are willing to see in human affairs the guiding hand of Providence and who cannot admit into their vocabulary the meaningless expression "coincidence," will reverently note the part which an English Government played in the foundation of a private fortune.

Elated, and (it must be admitted) rendered a little wayward in judgment by this accession of wealth, Mr. Clutterbuck was more deeply convinced of advancing prosperity when the rise of Government credit during the next weeks still further increased the value of the bonds which his bank held for him. He sold in July, and with the sum he realised entered upon yet another venture, which must be briefly reviewed. Upon the advice of an old and dear friend he purchased no less than 72,000 shares in the discredited property of the Curicanti Docks. The one pound shares of that unhappy concern had fallen steadily since 1897, when the whaling station had been removed to Dolores; but even here, imprudent as the speculation may appear, his good fortune followed him.

The friend whose advice Mr. Clutterbuck had followed—a private gentleman—had himself long held shares in the property of that distant port; its continued misfortune had raised in him such doubts as to its future that he thought it better a solid brain such as Mr. Clutterbuck's should help to direct its fortunes, than that he and others like him should be at the loss of their small capital. He arranged with an intermediary for the sale of the shares should Mr. Clutterbuck desire to purchase in the open market, and was relieved beyond measure to find his advice followed and Mr. Clutterbuck in possession of the whole parcel at one and a penny each. To the astonishment, however, of the friend, and still more of the intermediary whom that friend had employed, the difficulties of the Curicanti Docks were in the very next month submitted to arbitration; a man of Cabinet rank, whose name I honour too much to mention here, was appointed arbitrator. The help of the Imperial Government was afforded to re-establish a concern whose failings were purely commercial, but whose strategic importance to the Empire it needs but a glance at the map to perceive. The shares which had dropped some days after Mr. Clutterbuck's purchase to between ninepence ha'pennny and ninepence three farthings, rose at once upon the news of this Imperial Decision to half a crown. The negotiations wereconducted by that tried statesman with so much skill and integrity that, before September, the same shares were at eight and fourpence, and though the commercial transactions of the port and the grant of Government money upon the Admiralty vote did not warrant the public excitement in this particular form of investment, it was confidently prophesied they would go to par. They did not do so, but when they had reached, and were passing, ten shillings Mr. Clutterbuck sold.

He had not intended to dispose of them at so early a date, for he was confident, as was the rest of the public, that they would go to par. His action, due to a sudden accession of nervousness and to a contemplation of the large profit already acquired, turned out, however (as is so often the case with the sudden decisions of men with business instinct!) profoundly just. In one transaction, indeed, a few days later, Curicantis were quoted at ten shillings and sixpence, but it is not certain that they really changed hands at that price, and certainly they went no higher.[1]

As the autumn thus turned to winter, Mr. Clutterbuck found himself possessed, somewhat to his bewilderment and greatly to the increase of his manhood, of over £50,000.

It has often been remarked by men of original genius as they look back in old age upon their careers, that some one turning point of fortune established in them a trust in themselves and determined the future conduct of their minds, strengthening all that was in them and almost compelling them to the highest achievement. In that autumn this turning point had come for Mr. Clutterbuck.

There were subtle signs of change about the man: he would come home earlier than usual; the four o'clock train in which the great Princes of Commerce are so often accommodated would receive him from time to time; there were whole Saturdays on which he did not leave for the City at all. He was kinder to his wife and less careful whether he were shaved or no before ten o'clock in the morning. Other papers than theTimesfound entry to his villa: he was open to discuss political matters with a broad mind, and had more than once before the year was ended read articles in theDaily Chronicleand theWestminster Gazette. He had also attended not a few profane concerts, and had bought, at the recommendation of a local dealer,six etchings, one after Whistler, the other five original.

But, such is the effect of fortune upon wise and balanced men, he did not immediately proceed to use his greatly increased financial power in the way of further speculation; he retained his old offices, he invested, sold, and reinvested upon a larger scale indeed than he had originally been accustomed to, but much in the same manner. A cheeriness developed in his manner towards his dependents, notably towards his clerk and towards the office boy, a staff which he saw no reason to increase. He would speak to them genially of their affairs at home, and when he had occasion to reprimand or mulct them, a thing which in earlier days he had never thought of doing, it was always in a sympathetic tone that he administered the rebuke or exacted the pecuniary penalty.

It was long debated between himself and his wife whether or no they should set up a brougham; and Mrs. Clutterbuck, having pointed out the expense of this method of conveyance, herself decided upon a small electric landaulette, which, as she very well pointed out, though of a heavier initial cost, would be less expensive to maintain, less capricious in its action, and of a further range. She argued with great facility that in case of any interruption in train service, or in the sad event of her own demise, itwould still be useful for conveying her husband to and from the City; and Mr. Clutterbuck having pointed out the many disadvantages attaching to this form of traction, purchased the vehicle, only refusing, I am glad to say, with inflexible determination, to have painted upon its panels the crest of the Montagues.

No extra servants were added to the household; but in the matter of dress there was a certain largeness; the cook was trained at some expense to present dishes which Mr. Clutterbuck had hitherto only enjoyed at the Palmerston Restaurant in Broad Street; and the bicycle, which was now no longer of service, was given open-handedly to the gardener who had hitherto only used it by permission.

Simultaneously with this increase of fortune, Mr. Clutterbuck acquired a clean and decisive way of speaking, prefaced most commonly by a little period of thought, and he permitted himself certain minor luxuries to which he had hitherto been unaccustomed: he would buy cigars singly at the tobacconist's; he used credit in the matter of wine, that is, of sherry and of port, and his hat was often ironed when he was shaved.

It must not be imagined, however, that these new luxuries gravely interfered with the general tenor of his life. His wife perceived, indeed, that something was easier in their fortunes, that the cash necessaryfor her good deeds (and this was never extravagant) was always present and was given without grudging. His ample and ready manner impressed his neighbours with some advance in life. But nothing very greatly changed about him. He lived in the same house, with the same staff of servants; he entertained no more at home, for he was shy of meeting new friends, and but little more in the City, where also his acquaintance was restricted. This wise demeanour resulted in a continual accumulation, for it is not difficult in a man of this substance to buy and sell with prudence upon the smaller scale. Mr. Clutterbuck for five years continued a sensible examination of markets, buying what was obviously cheap, selling what even the mentally deficient could perceive to be dear, and though he missed, or rather did not attempt, many considerable opportunities (among which should honourably be mentioned Hudson Bays, and the rise in the autumn of 1907 of the London and North Western Railway shares),[2]the general trend of his judgment was accurate. For two years he maintained a slight but sufficient growth in his capital, and he entered what was to prove a new phase of his life in the year 1910 with a property, not merely upon paper, but in rapidly negotiable securities,of over £60,000, a solid outlook on the world, and a knowledge of the market which, while it did not pretend to subtle or occult relations with the heads of finance, still less to an exalted view of European politics, was minute and experienced.

It was under these conditions that such an increment of wealth came to him as only befalls men who have earned the apparent accident of fortune by permanent and uncompromising labour.

In the April of that momentous year 1910, Mr. Clutterbuck suddenly achieved a financial position of such eminence as those who have not toiled and thought and planned are too often tempted to believe fortuitous.


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