by Jon Cleary
Edwin nodded politely at her and Justine, as he would have even if they were bringing him before a firing squad; which, in a way, this was. Emma gave Venetia a look as blank as that of the firing squad itself; she didn’t look at Justine at all. The others crowding into the big room smiled or looked deadly serious, depending upon their experience of Venetia. Though none of them had had the experience of a two-billion-dollar takeover by a woman; for some of the more historically-minded she might have been the Empress Tz’u Hsi; they walked gingerly, as if their feet were tightly bound. Some of them, Venetia noticed, had their briefcases in front of their genitals, as if afraid of castration. She must look for a small scalpel, to wear from her gold bracelet.
The boardroom was all pale grey but for the pink upholstery on the chairs and a single Marie Laurencin painting on one wall. Some of the older men looked as if they would have preferred to be in a darker, panelled room, a men’s club, which most boardrooms in Australia were. Even the more cultured of them thought the Laurencin was out of place, especially since it was a painting of pale, semi-nude women. If it had to be a nude, give „em a Norman Lindsay.
When they were all seated, one of the men, a newcomer, looked around for an ashtray and found none. “Do you mind if we smoke, Lady Springfellow?”
“Yes,” said Lady Springfellow and that was that. “Right, I don’t think there is any need for preliminary remarks. My daughter will sum up why we are here and then I’ll listen to what you have to say.”
Justine stood up. She was dressed in pink today, a silk dress that offset her mother’s grey silk suit. They hadn’t gone to the inquest wearing mourning, today was a day for battle colours, though knights who had ridden into combat under pink and grey banners might have been suspect. The younger, even the older, men looked at Justine with approval: a girl as beautiful as this had to have a soft side. She had recovered from the ordeal of the inquest; she had been upset at what had seemed to her the cold-blooded formality of it all, as if declaring a man legally dead meant no more than taking away his driving licence. Still, the ghost of her father, even though a gentle one, had at last been exorcized and now she was her mother’s daughter completely.
“First, let me say when we take over the various elements—”
“When?” said Emma, soberly dressed, even wearing a hat and gloves: old Mosman keeping up standards. “Nothing has been decided yet.”
“Yes, when.” Justine looked across the table at her aunt. The older men looked slightly embarrassed; women should not fight, at least not in the company of men. The younger ones sat up, hiding their grins by lowering their heads; this was going to be even better than they had anticipated. Then Justine went on: “The Springfellow name will be retained. We shall do that out of respect for tradition and for the value of the name. It’s a name I’m proud to have myself.”
She looked across at Edwin, who visibly annoyed Emma by nodding.
“So—” Justine had learned a few tricks from her mother: the value of a pause, for instance. “So we are offering six dollars fifty for all Springfellow and Company shares beyond those my mother and I own, subject to the usual minimum acceptance conditions. On top of that we are offering nine dollars fifty a share for all those shares in Springfellow Bank beyond those owned by Springfellow and Company, again subject to the usual conditions.”
“Those should be two separate transactions,” said one of the Intercapital directors.
“They will be,” said Justine. “I am merely summarizing here. But we do not want any hiatus between the two deals. We want them wrapped up together. Payment will be in cash, payable within the usual thirty days. The corporation will then become a private one, though certain of you will be invited to join our board.” That was a carrot thrown in front of the horse drawing the tumbril and everyone recognized it as such.
Especially Emma. “Very generous. Do you expect us to respond to that sort of bribery?”
“Not you, Aunt. I wouldn’t expect it of you,” said Justine coolly. Oh, I’m proud of you, thought Venetia and sat silent. “We are just hoping you will take the money and run.”
“I’ve never run away from anything in my life,” said Emma, peeling off her gloves, which were not kid but suggested chainmail. “We real Springfellows never do.”
Beside her Edwin tried to look like a man who wasn’t already bending to the starting-blocks. Seemingly there was less fight in him than in his sister; it was as if he knew the battle was already lost and he wanted to retire, if not run, with dignity. In his secret heart, which he never opened, even to his wife, he knew that Venetia had taken over the Springfellow empire at least five years ago; indeed, almost from the day, long before that, when she had legally inherited Walter’s estate. Also in his secret heart he had hoped that Walter might some day reappear and save them all. But tomorrow that hope would be buried for ever with Walter’s bones.
“I am not selling,” said Emma, gloves now off, “no matter what you may offer. Nor is my brother.” She did not even look at Edwin; he was leaving all the fight to her. They were fighting, he knew that, but he had lost all heart for it. “We have the capital to buy up a major block of shares in Springfellow and Company and we are doing that at the moment.”
Justine looked up the table at her mother; Venetia looked at Michael Broad. He spread his hands in an almost Jewish gesture. “Unless it’s happened in the last hour . . .”
“It has,” said Emma, bare-knuckled. “You should have kept track of the stock exchange board.”
As if on cue but a trifle late, like a wounded messenger from another part of the battlefield, there was a knock on the door and one of Venetia’s secretaries came in and put a sheet of paper in front of her. Venetia looked at it, then sat up straight. Justine sat down at once, recognizing she had just lost her status. Her mother was not the sort of general who stayed in the background when the tide of battle went against her.
“Seven dollars a share is being offered for Springfellow and Company. Four million shares have been bought in the last half-hour—” She looked at the sheet of paper. “I don’t know who the sellers are—”
“We are,” said one of the Intercapital directors. He was a man named Safire, in his fifties and an advertisement for creature comforts; if ever he were reduced to the breadline, he would ask for croissants. He had a voice full of rich plums, a vocal orchard of over-ripe fruit. Venetia had never liked him, nor he her. “We arranged the sale this morning, but didn’t let the market know till half an hour ago. When this meeting was timed to start.”
“Thank you, Erwin. I hope Intercapital’s policy holders are treated better than you’ve treated me. Do you cut their throats as their policies mature?”
“I think that’s uncalled for,” said the other Intercapital director, a thin under-nourished man named Newstead, seemingly chosen to contrast with Safire’s sleek corpulence. “Business is business, Venetia. We are in business to do our best for our clients.”
“My sister-in-law must have an awful lot of insurance with you. Is the sale of shares finalized? I’ll give you seven-fifty.”
Safire and Newstead looked at each other like men who suddenly realized they had jumped before ascertaining the depth of the pool. Emma said, “You can’t renege, Mr. Safire. The sale has already been through the exchange. It wouldn’t look good for Intercapital if I reported you to the Companies and Securities Commission.” She had them by the throat and she looked up the table at another throat, Venetia’s. “That raises our holding in Springfellow and Company to 19.9 per cent.”
“Still less than ours,” said Justine, shooting cross-fire.
“But still too big for you to buy out over our heads.”
“I don’t suppose you’d tell us where you got the money?” said Venetia.
“You’re not that naïve and neither am I,” said Emma. “You’ll find out eventually, but for the time being that’s our business. You’d be surprised how many people are prepared to put up money to fight you.”
> Venetia bent her head for a whispered conference with Broad and Polux, both of whom looked as if they would cut Emma’s throat if there were not so many witnesses. Everyone else, except Justine, seemed at a loss for somewhere to look; one man got up and closely examined the Marie Laurencin, as if he had just been called in to appraise it. All the men in the room were, in these days of takeovers, accustomed to seeing blood spilt. But this was family blood, almost blue, and abruptly they were squeamish.
Justine leaned across the table towards Emma; for a moment she looked a younger, darker version of her mother, all sharpened steel. “You won’t win, you know that. You’ve done nothing but draw dividends all your life, never contributed a thought or a suggestion to the firm—”
For once Emma was cool and controlled. “I’ve contributed something now, haven’t I? The other shareholders, the public who have never had a spokesman, may canonize me.” She looked smug enough to do the job herself, if no one else would.
Safire and Newstead both smiled at that, throwing petrol on Justine’s smouldering fury. “Goddamnit, Emma, you’re doing this out of spite!”
“Partly,” said Emma, still cool; she and Justine were alone in their own arena, “It adds taste to it. But the main reason, as Edwin tried to explain to you when you first made your horrible offer, is to keep the firm, the name, where it started and has always belonged—in the Springfellow family, the real Springfellows.”
“The real Springfellows will die with you and Uncle Edwin! There’s no one after you—except me! I’m a real Springfellow, I have my father’s name—”
“Perhaps so,” said Emma and for the sharper ears in the room there was an enigmatic note in her voice. “Unfortunately, there isn’t a hint of him in you. You are your mother’s daughter through and through.”
Justine was leaning across the table, her voice low but strained; she seemed on the verge of reaching for Emma and doing her harm. Emma just sat and stared at her, only moving to gently shake off Edwin’s hand as he tried to put it restrainingly on her arm. There was dead silence in the big room; the air was full of taut invisible wires. Then a man coughed and it sounded thin and shrill, like a castrato caught halfway to a wrong note.
“That will be all,” said Venetia. “The meeting is adjourned.”
“You mean you withdraw both your bids?” said Edwin and looked suddenly relieved.
“No,” said Venetia and looked directly at Emma, “I mean the war is just beginning.”
II
“Venetia darling,” said the Prime Minister, I had to call you—”
“You took your time, Philip.”
“Don’t you read the papers? I’ve been in New Zealand with that lesbian PM of theirs. Christ, don’t ever try to work out a defence treaty with a dyke . . . Don’t you follow my movements at all?” He sounded more bewildered than hurt, as if his minders had fallen down on their job of letting the voters know where he was.
“I was looking for a little sympathy. They’ve discovered the phone in New Zealand, haven’t they?” She was leading him on, being perverse. She really hadn’t wanted to hear from him at all, least of all this morning.
“Well, just let me say this—” It was the politician’s catch-cry. Every night, on the TV news and the current affairs programmes, heads were bobbing emphatically, like horses’ heads on a carousel, and voices were demanding, Just let me say this . . . Television had bred a new breed of politician, mechanized clones from all parties with interchangeable clichés and platitudes. “Nobody has greater respect for you, Venetia, than I do. And that’s not just the politician in me speaking.”
“That’s sweet of you, Philip.” She wondered if he realized how pompous he sounded.
She had known him for twenty-five years. They had been occasional lovers, but there had been no love and no mention of it. He had once been the biggest TV star in the country, his chat show out-rating every other programme; if Armageddon had occurred on a Friday night, 65 per cent of the nation’s viewing audience would have told it to wait. Then a kitchen cabinet of rich industrialists had pushed him into politics and, after a decent interval, into the prime ministership. He was politically inept, almost stupid, but he understood what his advisers told him, if they kept their words and their sentences short, and he could memorize any speech written for him after no more than two readings. On television, which was now an annexe of the voting booth, he looked and sounded sincere. He was also handsome, charismatic and had more sex appeal than any two other Members of Parliament. Those who knew him intimately, including Venetia, knew that to go to bed with him was like being laid in a voting booth. He was the sort of lover who wanted a pat on the front after the exercise; you were expected to vote him the best stud since Errol Flynn or, if your fantasies were kinky, since Hyperion—the horse, not the god. The voters, those not in his bed, had heard hints of his dalliances, but, unlike Americans, Australians never expected too much morality of their leaders. It was the natives’ only show of political sophistication.
“I can’t come to the funeral, of course—”
“Of course not. You never knew Walter.” Going to bed with Philip didn’t make him a friend of the family; at least not in Mosman. “Thanks for your call, Philip. I’ll be in touch.”
She hung up in his ear: something even the lesbian PM from across the Tasman would not have done. She was in no mood for the hypocrisy of a part-time lover, even if he was the Prime Minister.
She looked at herself in her bedroom mirror, turning her face to the frank light of the morning sun. She was long past the need of vanity to prop herself up; an honest woman knows what is best about herself. She had never been strictly beautiful, but she had had the sort of face that the early days of Australian television, with its awkward lighting, had demanded: cheekbones that could be highlighted, good strong teeth that were not shadowed by her upper lip, hair that reflected the light and didn’t look thin under it. Since then the years, and an expensive beautician, had treated her well. She was forty-seven, but everything, including her confidence in herself, was still firm. She had gone through the menopause in a hurry, brushing it aside as if it had been no more than a minor bad business deal, and had come out the other side as lubricious as ever; if there had been any hot flushes, they had been due to passion from the several affairs she had also been going through. There had been no thought in her agile mind that from now on life would run downhill. Yet for the first time in her life she felt this morning a certain fear; she had never before had to bury anyone close to her.
Justine, already dressed for the funeral, came in. “Mother—you’re not dressed! It’s almost time to leave. Funerals aren’t like weddings—they like you to be on time.”
“What do you know about funerals?” Venetia began to dress. “Black doesn’t suit me. Nor you, either.”
Justine looked at herself in the tall cheval mirror. “No. Who are we trying to impress—the dead or the living?”
“Your father, I suppose. He always wore the right thing for the occasion.”
“Why did you love him?” Justine was still examining the dark stranger in the mirror. “He was handsome and all that. But he was so much older than you. You must have had lots of young guys running after you . . .”
“I don’t really know.” She did know, exactly. She had been looking for a father figure, someone to replace the drunken shearer who had been killed in a pub brawl when she was five years old. But no one would believe that, except her own mother. “He was kind—well, he was to me. He had the reputation of being very tough when he was on the Bench—he had no time for anyone who broke the law. But with me . . . He loved me,” she said simply.
Justine turned away from the mirror, irritated by what she had seen. The Italian black suit had cost her 2,000 dollars at Maria Finlay’s and she couldn’t imagine that she would ever wear it again. “May I borrow some pearls?”
“Take your pick.” Venetia gestured to her jewel box. “Leave the single strand—I’ll wear that. There,
how do I look?”
“Ghastly.”
“After all this time—widow’s weeds. But it’s what he would have wanted.” Her father had been the same, when he was sober; so her mother had told her. To be more exact, he had been conservative towards women and what he expected them to be. Walter had been very much like that, though she had realized it too late. “The family will expect it, too.”
“After yesterday, I don’t care a damn what they expect.”
She and Venetia had talked for four hours yesterday evening, but both had known that their thinking had not been too straight. They had had one shock too many.
“We’re on our best behaviour this morning,” said Venetia. “Don’t forget that.”
“Is Nana going to be there?”
“No, she’s staying home to organize the reception afterwards. The wake, if you like.”
“What did Nana ever think of Father? They couldn’t have been far apart in age.”
“I think she was in love with him.” More, I think, than I was.
Justine looked at her curiously. “Was there any jealousy between you?”
“Of course not. Nana was happy that I was happy. But she was—still is—a romantic. Walter was everything she’d dreamed of in a man. Sometimes she couldn’t believe her daughter was married to him.”
“So she must have missed him as much as you when he disappeared?”
Venetia nodded. “She’s never really got over it.”
“Have you?”
Venetia had a last look at herself in the mirror, looking for the truth in her image. “Yes.”
They went out to the grey Bentley (more chic than a Rolls-Royce, Venetia had told her daughter). She had thought of having pink upholstery as a joke; but that would only have brought more sneers from the family. Occasionally the sneers rubbed her raw and she tried to avoid them. The chauffeur, dressed in grey with a pink shirt and a dark-grey tie, drove them, out of habit, at his usual brisk speed to the cemetery. His mistress, he knew, prided herself on her punctuality and he wondered why she had been a little late coming out of the house this morning.