Kitabı oku: «Ovington's Bank», sayfa 16

The cashier nodded and went out.

Ovington gazed thoughtfully at his joined finger-tips. "Is the door closed?" he asked again, and assured that it was, he looked thoughtfully from one to the other of the young men. He seemed to be measuring them, considering how far he could trust them, how far it would be well to take them into his confidence. Then, "We are going to meet a crisis," he said. "I have now no doubt about that. All over the country the banks have increased their issues, and hold a vast quantity of pawned stock. If the fall in values is continued, the banks must throw the stock on the market, and there will be a general fall. At the same time they will be obliged to restrict credit and refuse discounts, which will force traders to throw goods on the market to meet their obligations. Goods as well as stocks will fall. Alarm will follow, and presently there will be a run on a weak bank and it will close its doors. Then there will be a panic, and a run on other banks-a run proportioned in violence to the amount of credit granted in the last two years. We may have to meet a run on deposits at the same time that we may be called upon to cash every note that we have issued."

"Impossible!" Arthur cried. "We could not do it."

"If you mean that the run is impossible," the banker answered quietly, "I much fear that events will confute you. If you mean that we could not meet our obligations, well, we must strain every nerve to do so. We must retain all the cash that comes in, and we must issue no more notes, create no more credit. But even this we must do with discretion, and above all not a whisper must pass beyond this room. I will speak to Rodd. Hamar I will see this evening, and do what I can to sweeten the refusal. We must wear confident faces however grave the crisis. We are solvent, amply solvent, if time be given us to realize our resources; but time may not be given us, and we may have to make great sacrifices. You may be inclined to blame me-" he paused, and looked from one to the other-Arthur stood frowning, his eyes on the carpet-"that I did not take the alarm earlier? Well, I ought to have done so, perhaps. But-"

"Nobody blames you, sir!" It was Clement who spoke, Clement, in whom the last few minutes had made a marked change. His dulness and listlessness had fallen from him, he stood upright and alert. The imagination which had balked at the routine of banking, faced a crisis with alacrity, and conscious that he had hitherto failed his father, he welcomed with zest the opportunity of proving his loyalty, "Nobody blames you, sir!" he repeated firmly. "We are here to stand by you, and I am confident that we shall win through. If any bank can stand, Ovington's will stand. And if we don't win through, if the public insists on cutting its own throat, well" – a little ashamed of his own enthusiasm-"we shall still believe in you, sir, you may be sure of that!"

"But isn't-isn't all this a little premature?" Arthur asked, his tone cold and business-like. "I don't understand why you think that all this is coming upon us at a moment's notice, sir? Without warning?"

"Not quite without warning," the banker rejoined with patience. Clement's declaration of faith had moved him more deeply than he showed, and, having that, he could bear a little disappointment. "I have hinted more than once, Arthur, that I was uneasy. But why, you ask, this sudden alarm-now? Well, look at Richardson's list of last Friday's prices. You have not seen it. Exchequer Bills that a week ago were at par are at a discount. India Stock are down five points on the day-a large fall for such a stock. New Four per Cents, have fallen 3, Bank Stock that stood at 224 ten days ago is 214. These are not panic falls, but they are serious figures. With Bank Stock falling ten points in as many days, what will happen to the immense mass of speculative securities held by the public, and on much of which calls are due? It will be down this week; next week the banks will have to throw it out to save their margins, and customers to pay their calls. It will fall, and fall. The week after, perhaps, panic! A rush to draw deposits, or a rush to cash notes, or, probably, both."

"Then you think-you must think" – Arthur's voice was not quite under his control-"that there is danger?"

"It would be as foolish in me to deny it here," the banker replied gravely, "as it would be reckless in me to affirm it outside. There is danger. We shall run a risk, but I believe that we shall win through, though, it may be, by a narrow margin. And a little thing might upset us."

Arthur was not of an anxious temperament-far from it. But he had committed himself to the bank. He had involved himself in its fortunes in no ordinary way. He had joined it against the wishes of his friends and in the teeth of the prejudices of his caste. He had staked his reputation for judgment upon its success, and assured that it would give him in the future all for which he thirsted, he had deemed himself far-sighted, and others fools. In doing this he had never dreamt of failure, he had never weighed the possibility of loss. Not once had he reflected that he might turn out to be wrong and robbed of the prize-might in the end be a laughing-stock!

Now as the possibility of all this, as the thought of failure, complete and final, flooded his mind and shook his self-confidence, he flinched. Danger! Danger, owned to by Ovington himself! Ah, he ought to have known! He ought to have suspected that fortunes were not so easily made! He ought to have reflected that Ovington's was not Dean's! That it was but a young bank, ill-rooted as yet-and speculative! Ay, speculative! Such a bank might fall, he was almost certain now that it would fall, as easily as it had risen!

It was a nerve-shaking vision that rose before him, and for a moment he could not hide his disorder. At any rate, he could not hide it from two jealous eyes. Clement saw and condemned-not fully understanding all that this meant to the other or the sudden strain which it put upon him. A moment and Arthur was himself again, and his first words recovered for him the elder man's confidence. They were practical.

"How much-I mean, what extra amount of reserve," he asked, "would make us safe?"

"Just so," and in the banker's eyes there shone a gleam of relief. "Well, if we had twelve thousand pounds, in addition to our existing assets, I think-nay, I am confident that that would place us out of danger."

"Twelve thousand pounds."

"Yes. It is not a large sum. But it might make all the difference if it came to a pinch."

"In cash?"

"In gold, or Bank paper. Or in such securities as could be realized even in a crisis. Twelve thousand added to our reserve-I think I may say with confidence that with that we could meet any run that could be made upon us."

"There is no doubt that we are solvent, sir?"

"You should know that as well as I do."

"We could realize the twelve thousand eventually?"

"Of course, or we should not be solvent without it." For once Ovington spoke a little impatiently.

"Then could we not," Arthur asked, "by laying our accounts before our London agents obtain the necessary help, sir?"

"If we were the only bank likely to be in peril, of course we could. And even as it is, you are so far right that I had already determined to do that. It is the obvious course, and my bag is being packed in the house-I shall go to town by the afternoon coach. And now," rising to his feet, "we have been together long enough-we must be careful to cause no suspicion. Do you, Clement, see Massy, the wine-merchant to-day, and tell him that I will take, to lay down, the ten dozen of '20 port that he offered me. And ask the two Welshes to dine with me on Friday-I shall return on Thursday. And get some oysters from Hamar's-two barrels-and have one or two people to dine while I am away. And, cheerful faces, boys-and still tongues. And now go. I must put into shape the accounts that I shall need in town."

He dismissed them with calmness, but he did not at once fall to work upon the papers. His serenity was that of the commander who, on the eve of battle, reviews the issues of the morrow, and habituated to the chances of war, knows that he may be defeated, but makes his dispositions, folds his cloak about him, and lies down to sleep. But under the cloak of the commander, and behind the mask that deceives those about him, is still the man, with the man's hopes and fears, and cares and anxieties, which habit has rendered tolerable, and pride enables him to veil. But they are there. They are there.

As he sat, he thought of his rise, of his success, of step won after step; of the praise of men and the jealousy of rivals which wealth had won for him; and of the new machine that he had built up-Ovington's. And he knew that if fate went against him, there might in a very short time be an end of all. Yesterday he and Wolley had been equals. They had risen from obscurity together. To-day Wolley was a bankrupt. To-morrow-they might be again equal in their fall, and Ovington's a thing to wonder at. Dean's would chuckle, and some would call him a fool and some a rogue, and all an upstart-one who had not been able to keep his head. He would be ruined, and they would find no name too bad for him.

He thought of Betty. How would she bear it? He had made much of her and spoiled her, she had been the apple of his eye. She had known only the days of his prosperity. How would she bear it, how take it? He sighed.

He turned at last to the papers.

CHAPTER XXIII

It was with a firmer tread that Clement went back to his desk in the bank. He had pleased his father and he was pleased with himself. Here at last was something to do. Here at last was something to fight. Here at last was mettle in the banking business that suited him; and not a mere counting of figures and reckoning of pennies, and taking in at four per cent. and putting out at eight. His gaze, passing over the ledger that lay before him, focussed itself on the unconscious customers beyond the counter. He had the air of challenging them, of defying them. They were the enemy. It was their folly, their greed, their selfishness, their insensate desire to save themselves, let who would perish, that menaced the bank, that threatened the security, the well-being, the happiness of better men. It was a battle and they were the enemy. He scowled at them. Supposing them to have sense, patience, unselfishness, there would be no battle and no danger. But he knew that they had it not in them. No, they would rush in at the first alarm, like a flock of silly sheep, and thrusting and pushing and trampling one another down, would run, each bent on his own safety, blindly on ruin.

From this moment the bank became to him a place of interest and color, instead of that which it had been. Where there was danger there was romance. Even Rodd, adding up a customer's pass-book, his face more thoughtful than usual, wore a halo, for he stood in peril. If the shutters went up Rodd would suffer with his betters. He would lose his place, he would be thrown on the world. He would lose, too, the trifle which he had on deposit in the bank. And even Rodd might have his plans and aims and ambitions, might be hoping for a rise, might be looking to marry some day-and some one!

Pheugh! Clement's mouth opened, he stared aghast-stared at the wire blind that obscured the lower half of the nearer window, as if all his faculties were absorbed in reading the familiar legend, KNAB S'NOTGNIVO, that showed darkly upon it. Customers, Rodd, the bank, all vanished. For he had forgotten! He had forgotten Josina! In contemplating what was exciting in the struggle before him he had forgotten that his stake was greater than the stake of others-that it was immeasurably greater. For it was Josina. He stood far enough below her as it was, separated from her by a height of pride and prejudice and convention, which he must scale if he would reach her. But he had one point in his favor-as things were. His father was wealthy, and standing a-tiptoe on his father's money-bags he might possibly aspire to her hand. So uplifted, so advantaged he might hope to grasp that hand, and in the end, by boldness and resolution, to make it his own.

That was the position as long as all went well at the bank: and it was a position difficult enough. But if the money-bags crumbled and sank beneath his feet? If in the crisis that was coming they toppled over, and his father failed, as he might fail? If he lost the footing, the one footing that money now gave him? Then her hand would be altogether out of his reach, she would be far above him. He could not hope to reach her, could not hope to gain her, could not in honor even aspire to her?

He saw that now. His stake was Josina, and the battle lost, he lost Josina. He had been brave enough until he thought of that, reckless even, welcoming the trumpet call. But seeing that, and seeing it suddenly, he groaned.

The sound recalled him to himself, and he winced, remembering his father's injunction to show a cheerful front. That he should have failed so soon! He looked guiltily at Arthur. Had he heard?

But Arthur had not heard. He was standing at a desk attached to the wall, his back towards Clement, his side-face to the window. He had not heard, because his thoughts had been elsewhere, and strange to say, the subject which had engaged them had been also Josina. The banker's warning had been a sharp blow to him. He was practical. He prided himself on the quality, and he foresaw no pleasure in a contest in which the success that was his be-all and end-all would be hazarded.

True, his mercurial spirit had already begun to rise, and with every minute he leant more and more to the opinion that the alarm was groundless. He thought that the banker was scaring himself, and seeing bogies where no bogies were-as if forsooth a little fall meant a great catastrophe, or all the customers would leave the bank because Wolley did! But he none the less for that looked abroad. Prudently he reviewed the resources that would remain to him in the event of defeat, and like a cautious general he determined beforehand his line of retreat.

That line was plain. If the bank failed, if a thing so cruel and incredible could happen, he still had Garth. He still had Garth to fall back upon, its lands, its wealth, its position. The bank might go, and Ovington-confound him for the silly mismanagement that had brought things to this! – might go into limbo with it, and Clement and Rodd and the rest of them-after all, it was their native level! But for him, born in the purple, there would still be Garth.

Only he must be quick. He must not lose a day or an hour. If he waited too long, word of the bank's embarrassments might reach the old man, re-awaken his prejudices, warp his mind, and all might be lost. The influence on which he counted for success might cease to be his, and in a moment he might find himself out in the cold. Weakened as the Squire was, it would not be wise to trust too much to the change in him!

No, he must do it at once. He would ride out that very day, and gain, as he did not doubt that he would gain, the Squire's permission to speak to Josina. He would leave no room for accidents, and, setting these aside, he did not doubt the result.

He carried out his intention in spite of some demur on Clement's part, who in his new-born zeal thought that in his father's absence the other ought to remain on the spot. But Arthur had the habit of the upper hand, and with a contemptuous fling at Clement's own truancies, took it now. He was at Garth before sunset of the short November day, and he had not sat in the Squire's room ten minutes before chance gave him the opening he desired.

The old man had been listening to the town news, and apparently had been engrossed in it. But suddenly, he leant forward, and poked Arthur with the end of his stick. "Here do you tell me!" he said. "What ails the girl? I've no eyes, but I've ears, and there's something. What's amiss with her, eh?"

"Do you mean Josina, sir?"

"Who else, man? I asked you what's the matter with her. D'you think I don't know that there is something? I've all my senses but one, thank God, and I can hear if I can't see! What is it?"

Arthur saw in a moment that here was the opportunity, he needed, and he made haste to seize it. "The truth is, sir-" he said with a candor which was attractive. "I was going to speak to you about Josina, I have been wishing to do so for some time."

"Eh? Well?"

"I have said nothing to her. But it is possible that she may be aware of my feelings."

"Oh, that's it, is it?" the Squire said drily. It was impossible to say whether he was pleased or not.

"If I had your permission to speak to her, sir?" Arthur felt, now that he had come to the point, just the amount of nervousness which was becoming. "We have been brought up together, and I don't think that I can be taking you by surprise."

"And you think it will be no surprise to her?"

"Well, sir," modestly, "I think it will not."

"More ways of killing a cat than drowning it, eh? That's it, is it? Haven't spoken, but let her know? And you want my leave?"

"Yes, sir, to ask her to be my wife," Arthur said frankly. "It has been my wish for some time, but I have hesitated. Of course, I am no great match for her, but I am of her blood, and-"

He paused. He did not know what to add, and the Squire did not help him, and for the first time Arthur felt a pang of uneasiness. This was not lessened when the old man asked, "How long has this been going on, eh?"

"Oh, for a long time, sir-on my side," Arthur answered. There was an ominous silence. The Squire might be taking it well or ill-it was impossible to judge. He had not changed his attitude and still sat, leaning forward, his hands on his stick, impenetrable behind his bandages. It struck Arthur that he might have been premature; that he might have put his favor to too high a test. It might have been wiser to work upon Josina, and wait and see how things turned out.

At last. "She'll not go out of this house," the Squire said. And he sighed in a way unusual with him, even when he had been at his worst. "That's understood. There's room for you here, and any brats you may have. That's understood, eh?" sharply.

"Willingly, sir," Arthur answered. A great weight had been lifted from him.

"And you'll take her name, do you hear?"

"Of course, sir. I shall be proud to do so."

The Squire sighed, and again he was silent.

"Then-then I may speak to her, sir?"

"Wait a bit! Wait a bit!" The Squire had more to say, it appeared. "You'll leave the bank, of course?"

Arthur's mind, trained to calculation, reviewed the position. Most heartily he wished-though he thought that Ovington's views were unnecessarily dark-that he could leave the bank. But he could not. The moment when Ovington might have released him, when the cancellation of the articles had been possible, was past. The banker could no longer afford to cancel them, or to lose the five thousand pounds that Arthur had brought in.

He hesitated, and the old man read his hesitation, and was wroth. "You heard what I said?" he growled, and he struck his stick upon the floor. "Do you think I am going to have my daughter's husband counterskipping in Aldersbury? Cheek by jowl with every grocer and linen-draper in the town? Bad enough as it is, bad enough, but when you're Jos's husband-no, by G-d, that's flat! You'll leave the bank, and you'll leave it at once, or you're no son-in-law for me. I'll not have the name of Griffin dragged in the dirt."

Arthur had not anticipated this, though he might easily have foreseen it; and he cursed his folly. He ought to have known that the old question would be raised, and that it would revive the Squire's antagonism. He was like a fox caught in a trap, nay, like a fox that has put its own foot in the trap; and he had no time to give any but a candid answer. "I am afraid, sir," he said. "I mean-I am quite willing to comply with your wishes. But unfortunately there's a difficulty. I am tied to the bank for three years. At the end of three years-"

"Three years be d-d!" In a passion the Squire struck his stick on the floor. "Three years! I'm to sit here for three years while you go in and out, partner with Ovington! Then my answer is, No! No! Do you hear? I'll not have it."

The perspiration stood on Arthur's brow. Here was a débâcle! An end, crushing and complete, to all his hopes! Desperately he tried to explain himself and mend matters. "If I could act for myself, sir," he said, "I would leave the bank to-morrow. But the agreement-"

"Agreement? Don't talk to me of agreements! You could ha' helped it!" the Squire snarled. "You could ha' helped it! Only you would go on! You went in against my advice! And for the agreement, who but a fool would ha' signed such an agreement? No, you may go, my lad. As you ha' brewed you may bake! You may go! If I'd known this was going on, I'd not ha' seen so much of you, you may be sure of that! As it is, Good-day! Good-day to you!"

It was indeed a débâcle; and Arthur could hardly believe his ears, or that he stood in his own shoes. In a moment, in one moment he had fallen from the height of favor and the pinnacle of influence, and disowned and defeated, he could hardly take in the mischance that had befallen him. Slowly he got to his feet, and as soon as he could master his voice, "I'm grieved, sir," he answered, "more grieved than I, can say, that you should take it like this-when I have no choice. I am sorry for my own sake."

"Ay, ay!" with grim irony. "I can believe that."

"And sorry for Josina's."

He could think of no further plea at the moment-he must wait and hope for the best; and he moved towards the door, cursing his folly, his all but incredible folly, but finding no remedy. His hand was on the latch of the door when "Wait!" the old man said.

Arthur turned and waited; wondering, even hoping. The Squire sat, looking straight before him, if that might be said of a blind man, and presently he sighed. Then, "Here, come back!" he ordered. But again for awhile he said no more, and Arthur waited, completely in the dark as to what was working in the other's mind. At last. "There, maybe I've been hasty," the old man muttered, "and not thought of all. Will you leave the bank when you can, young man?"

"Of course, I will, sir!" Arthur cried.

"Then-then you may speak to her," the Squire said reluctantly, and he marked the reluctance with another sigh.

And so, as suddenly as he had raised the objection, he withdrew it, to Arthur's intense astonishment. Only one conclusion could he draw-that the Squire was indeed failing. And on that, with a hastily murmured word of thanks, he escaped from the room, hardly knowing whether he walked on his head or his feet.

Lord, what a near thing it had been. And yet-no! The Squire-it must be that-was a failing man. He had no longer the strength or the stubbornness to hold to the course that his whims or his crabbed humor suggested. The danger might not have been so real or substantial, after all.

Yet the relief was great, and coming on Miss Peacock, who was crossing the hall with a bowl in her hand, he seized her by the waist and whirled her round, bowl and all. "Hallo, Peacock! Hallo, Peacock!" he cried in the exuberance of his joy. "Where's Jos?"

"Let go!" she cried. "You'll have it over! What's come to you?"

"Where's Jos? Where's Jos?"

"Good gracious, how should I know? There, be quiet," in pretended anger, though she liked it well enough. "What's come to you? If you must know, she's moping in her room. It's where I find her most times when she's not catching cold in the gardenhouse, and her father's noticed it at last. He's in a pretty stew about her, and if you ask me, I don't think that she's ever got over that night."

"I'll cure her!" Arthur cried in a glow, and he gave Miss Peacock another twirl.

But he had no opportunity of trying his cure that evening, for Jos, when she came downstairs, kept close to her father, and it was not until after breakfast on the morrow that he saw her go into the garden through the side-door, a relic of the older house that had once stood there. To frame it a stone arch of Tudor date had been filled in, and on either side of this, outlined in stone on the brick wall, was a pointed window of three lights. But Arthur's thoughts as he followed Jos into the garden were far from such dry-as-dust matters. The reaction after fear, the assurance that all was well, intoxicated him, and in a glow of spirits that defied the November day he strode down the walk under boughs that half-bare, and over leaves that half-shrivelled, owned alike the touch of autumn. He caught sight of a skirt on the raised walk at the farther end of the garden and he made for it, bounding up the four steps with a light foot and a lover's haste. A handsome young fellow, with a conquering air!

Jos was leaning on the wall, a shawl about her shoulders, her eyes bent on the mill and the Thirty Acres; and her presence in that place on that not too cheerful morning, and her pensive stillness, might have set him wondering, had he given himself time to think. But he was full of his purpose, he viewed her only as she affected it, and he saw nothing except what he wished to see. When, hearing his footsteps, she turned, her color did not rise-and that too might have told him something. But had he spared this a thought, it would only have been to think that her color would rise soon enough when he spoke.

"Jos!" he cried, while some paces still separated them. "I've seen your father! And I've spoken to him!" He waved his hand as one proclaiming a victory.

But what victory? Jos was as much in the dark as if he had never paid court to her in those far-off days. "Is anything the matter?" she asked, and she turned as if she would go back to the house.

But he barred the way. "Nothing," he said. "Why should there be? On the contrary, dear. Don't I tell you that I've spoken to the Squire? And he says that I may speak to you."

"To me?" She looked at him candidly, with no inkling in her mind of what he meant.

"Yes! My dear girl, don't you understand? He has given me leave to speak to you-to ask you to be my wife?" And as her lips parted and she gazed at him in astonishment, he took possession of her hand. The position was all in favor of a lover, for the parapet was behind her, and she could not escape if she would; while the ordeal through which he had passed gave this lover an ardor that he might otherwise have lacked. "Jos, dear," he continued, looking into her eyes, "I've waited-waited patiently, knowing that it was useless to speak until he gave me leave. But now" – after all, love-making with that pretty startled face before him, that trembling hand in his, was not unpleasant-"I come to you-for my reward."

"But, Arthur," she protested, almost too much surprised for words, "I had no idea-"

"Come, don't say that! Don't say that, Jos dear! No idea? Why, hasn't it always been this way with us! Since the day that we cut our names on the old pew? Haven't I seen you blush like a rose when you looked at it-many and many a time? And if I haven't dared to make love to you of late, surely you have known what was in my mind? Have we not always been meaning this-you and I?"

She was thunder-struck. Had it been really so? Could he be right? Had she been blind, and had he been feeling all this while she guessed nothing of it? She looked at him in distress, in increasing distress. "But indeed, indeed," she said, "I have not been meaning it, Arthur, I have not, indeed!"

"Not?" incredulously. "You've not known that I-"

"No!" she protested. "And I don't think that it has always been so with us." Then, collecting herself and in a firmer voice, "No, Arthur, not lately, I am sure. I don't think that it has been so on your side-I don't, indeed. And I'm sure that I have not thought of this myself."

"Jos!"

"No, Arthur, I have not, indeed."

"You haven't seen that I loved you?"

"No. And," looking him steadily in the face, "I am not sure that you do."

"Then let me tell you that I do. I do!" And he tried to possess himself of her other hand, and there was a little struggle between them. "Dear, dear girl, I do love you," he swore. "And I want you, I want you for my wife. And your father permits it. Do you understand-I don't think you do? He sanctions it."

He would have put his arm round her, thinking to overcome her bashfulness, thinking that this was but maidenly pride, waiting to be conquered. But she freed herself with unexpected vigor and slipped from him. "No, I don't wish it!" she said. And her attitude and her tone were so resolute, that he could no longer deceive himself. "No! Listen, Arthur." She was pale, but there was a surprising firmness in her face. "Listen! I do not believe that you love me. You have given me no cause to think so these many months. Such a boy and girl affection as was once between us might have grown into love in time, had you wished it. But you did not seem to wish it, and it has not. What you feel is not love."

"You know so much about love!" he scoffed. He was taken aback, but he tried to laugh-tried to pass it off.

But she did not give way. "I know what love is," she answered firmly. And then, without apparent cause, a burning blush rose to her very hair. Yet, in defiance of this, she repeated her words. "I know what love is, and I do not believe that you feel it for me. And I am sure, quite sure, Arthur," in a lower tone, "that I do not feel it for you. I could not be your wife."

"Jos!" he pleaded earnestly. "You are joking! Surely you are joking."

"No, I am not joking. I do not wish to hurt you. I am grieved if I do hurt you. But that is the truth. I do not want to marry you."

He stared at her. At last she had compelled him to believe her, and he reddened with anger; only to turn pale, a moment later, as a picture of himself humiliated and rejected, his plans spoiled by the fancy of this foolish girl, rose before him. He could not understand it; it seemed incredible. And there must be some reason? Desperately he clutched at the thought that she was afraid of her father. She had not grasped the fact that the Squire had sanctioned his suit, and, controlling his voice as well as he could, "Are you really in earnest, Jos?" he said. "Do you understand that your father is willing? That it is indeed his wish that we should marry?"