by E. F. Benson
To-day promised to be very busy; he was to have dined that night with Lady Ellington, but that engagement was automatically cancelled, and he left word at his flat that he would be there that night, and would dine alone. That done, he drove straight down to the City, where he expected that there would be awaiting him a report of an agent of his with regard to certain South African mining properties on which he held an extremely large option which he must take up before the end of the week, when it expired. He had not been able to make his mind up about it hitherto, and had wired for the report, putting off his decision until the last possible minute.
The report in question had arrived, and, without further delay, he proceeded to master it. The problems it contained were of a complicated order; the dip and depth of the reef, the assay value of it, the cost of working, the reduction which might be obtained in this by the use of Chinese labour, all these were things which had to be considered. Should he not exercise his option, the right, that is, of buying his shares at the figure agreed on, he would lose, of course, what he had spent in purchasing that right. It was by a careful study of this rather voluminous report on the property that he had to make up his mind whether he would exercise it or not.
Now the problems of finance, that extraordinary and ubiquitous game in which the most acute brains in the world are pitted against each other for the acquisition of those little yellow metal counters, which in this present world are so undeniably potent to procure for their owner a comfortable journey through it, had at all times an immense attraction for Philip, and he found that even to-day they were no less absorbing than they had ever been. He found, too, that, in spite of the frightful shock that he had undergone, his reasoning and deductive faculties had not been shaken or dulled, and he felt himself as capable as ever of weighing the evidence which should decide his course. The report itself was fairly satisfactory, and he was inclined to believe that the shares which he could call up were worth the price, which to-day stood steady at the figure which he would have to pay for them. His money, which ran into six figures, would perhaps be locked up for a time, but he did not particularly object to that. On the other hand, supposing he bought, the effect on the market would certainly be to send the value of the shares up, so that he could probably, if he wished, clear out again, realising a small profit. This was all plain sailing enough; the report was good enough to justify his exercising his option. But the market altogether, as he well knew, was, in consequence of the Russo-Japanese war, in a rather excitable and nervous state, and the more difficult problem must claim his attention — what would be the effect on it if he did not buy? It was known, of course, that his option was a considerable one, and dealers in these shares were awaiting any news as to his movements with some anxiety.
The report had fallen rustling to the ground, and Philip sat there staring in front of him, with his elbows on the table and eyes fixed intently on nothing. Every now and then some clerk came in with a paper for his signature, or a letter for his consideration; every now and then he was rung up on the telephone that stood by his elbow. But he had that rarest of gifts, a mind that can detach itself from one thing and attach itself in its entirety to another, and he gave his whole attention to these interruptions when they occurred, and transferred it all back to the problem he was digging at when he had dealt with them. The way he pursued was narrow and winding, but step by step he traced it out.
It took him not less than an hour of hard thinking to make up his mind definitely on the point: there were so many things to consider, for, as he always held, there was hardly an event that took place in the world which did not have its definite and certain effect on the money-market; and the sole and only office of the financier was to be able, on the basis of what had happened before, to conjecture what was going to happen now (for things followed an invariable rule), and estimate what the effect of his conjectured events would be. And nothing in the world was more engrossing than that; there was no bit of knowledge a man might possess concerning human nature, however fragmentary and hard to fit in, that did not have its place in the puzzle he had to put together. Above all, Philip did not believe in chance in these affairs; it might, indeed, be chance whether he himself correctly estimated how future events would shape themselves, but the element of luck here was only, if one ran it to the ground, his own ignorance; for if his knowledge of the past could be complete, so also would his knowledge of the future be, for in the City of all places is it most true that the future is only the past entered through another door.
His mind, then, was made up, but once more he ran through the data upon which his conclusion was based. These goldfields of Metiekull on which he held an option, were a company that had aroused a good deal of comment when brought out, and it had been held in level-headed quarters that the shares which had been run up to 4 had reached that figure without there having been produced any guarantee that they were worth half that. But, as is the inscrutable way of the Stock Exchange, they had, for no particular reason, been turned into a gambling counter, and there was no venture which enjoyed a freer or more fluctuating market. Things, however, had steadied down when it was known that Philip Home had bought this option of 30,000 shares, and just at this moment, as has been stated, there was considerable interest felt in the question of whether he would exercise it or not. If he did not, it meant a loss to him of about £7,000; whereas if he did, it might be regarded as certain that the shares, since gambling in them was just now, like bridge, a favourite method of losing money, would enjoy a very substantial rise, and, as usual, it was highly likely that Philip would reap a profit worth reaping, should he choose to sell during this.
So much, of course, all the world could see, but Philip saw a little further. He took into consideration the excitable state of the South African market, the uncertainty with regard to the Japanese war which would certainly make French speculators nervous, and French speculators, as he knew, had been very busy over the goldfields of Metiekull. Then came in the question of the report which he had been reading; on the whole it was good, and his sober opinion was that the shares were worth buying at the price. Yet he proposed not to take up his option, but to lose at once £7,000. But he would also let it be freely known that he had received a detailed report from his agent on the spot.
He decided, therefore — so the market would say — to abandon his option after the receipt of this report. What was the inference? That the report was unfavourable. Then all the other factors he had been considering added their weight to the scale; there was a nervous market, there was likely to be stringency of money, there was the vast hovering thundercloud of war in the East. If he knew anything about the ways of the City, it was an absolute certainty that there would be a slump in Metiekull. He would let it slump; he would even, by selling, assist it to slump; a hundred little bears — Philip detested the small operator — would sell, and when they had committed themselves pretty deeply, he would buy not only the original 30,000 shares of his option, but somewhere near twice that number; for there was no question as to the value of the property, and he would be picking up his shares at something like rubbish price.
The chain of reasoning was complete, he took his elbows off the table, and turned to light a cigarette. Then suddenly his heart sank, he felt sick and empty, for the concentration of thought was relaxed, and from a thousand spouting weir-gates the thought from which he had obtained an hour’s respite flooded his whole soul. Forgetfulness of that? It was as if he had just slept in his chair for an hour, and awoke again in full consciousness of the horror of life. It was no slow awakening, it was a stab that made a deep and dreadful wound out of which flowed the black blood of his hatred and resentment, not against those two alone, but against the world. To this hatred he gave himself up with a hideous sort of luxury in the overpowering intensity of it. He suffered himself, by no fault of his; well, others should suffer, too, and if by his manipulation of the market, which was according to the principles which governed it perfectly legitimate,
others were ruined, it was not his fault but theirs for competing with him.
Then a thought blacker than these, because it was more direct, more personally full of revenge, entered his mind. Surely not so long ago someone had consulted him as to an investment. Yes, it was Evelyn — Evelyn, in a sudden burst of prudence — who had decided not to buy a motor-car, but to put away a big cheque that had just been paid him. Philip had refused to give him advice professionally, since he was not a broker, but had told him that he had himself bought a large option in Metiekull. He remembered the interview perfectly, and knew that he had recommended Evelyn not to dabble, since he did not know the game, but to put his money into something safe. What he had eventually done with it Philip did not know. But for a week afterwards his studio had been littered with financial papers, and he talked the most absurd nonsense about giving up the artistic career and taking offices in the City, since he felt sure that his real chance of brilliant achievement lay there.
Now, bitter suffering like that which Philip was now undergoing cannot but have a very distinct effect on the sufferer. And in such a nature as his, the particular kind of suffering he had to bear could scarcely have had any effect but that of the worst. His circle of friends, those to whom he showed all that was best in him, was but small, and numbered four only. By two of these he had been betrayed, and that impulse which at the first moment of his knowledge did just flicker within him, the impulse of generosity, of taking the big and sky-high line of which for the moment he had been capable when he dismissed the motor three days ago near Evelyn’s studio, had been crushed, if not out of life, at any rate into impotence and unconsciousness by the ingrained hardness of his nature shown to the world at large. That hardness covered him now and indurated him; he could feel neither pity nor softening for any, least of all for one who had so bitterly injured him. His power of hurting, it is true, might be small compared to the hurt that had been done him, but such as it was, he would use it. He was hurt himself, but he would not scream, he would just strike back where and when he could.
London meantime was busy with its thousand tongues in discussing what had happened, and, as was to be expected, it took a very decided line over it all. This sort of thing was really impossible, and not to be tolerated. Why, even the bridesmaids had received their presents, and everybody’s plans, for everybody had settled to go to the wedding, were absolutely upset. Besides, the whole thing was an insult hurled at the sacred image of Society, a bomb-shell which had exploded in the very middle of the temple. And though Gladys Ellington had only one, not a thousand tongues, she used that one to the aforesaid effect so continuously that it really seemed impossible that flesh and blood could stand the wear and strain. She was using it now to Lady Taverner, to whom she always told things in confidence when she wanted them repeated. Lady Taverner, it may be remarked, was the pink and butter-coloured lady, to emphasize whose charms Evelyn had studied purple clematis.
“Of course, dear Alice,” she was saying, “I can say these things to you, because I know you won’t repeat them, and, of course, we all want it talked about as little as possible. But Madge has really behaved too abominably; it’s all very well to say you must follow the dictates of your own heart, but if your heart tells you to commit really an indecency, as this is, I should say it was better not to follow it. But Madge is so odd: it is only a few weeks ago that she told me how devoted she was to Philip — esteem, affection, and all that. Well, what sort of esteem and affection has she shown? My dear, three days before the wedding.”
Lady Taverner sighed.
“Of course, I won’t talk about it,” she said, “but I shall never speak to Madge again. And my portrait was being done by Mr. Dundas, which makes it very awkward. Of course, I want it finished, but how can I go to sit to him again?”
This was a new light which Gladys had not yet considered.
“Of course, he has ruined himself,” she said cheerfully. “Nobody will go to be painted by him now. And consider his relation to Philip! Why, he was his best friend. I haven’t dared to see Madge’s mother yet, but I understand she is mad with rage, and I’m sure I don’t wonder. And they were married, I hear, on Saturday, and have left London. How can people be such fools!”
This last remark was a genuine cri du cœur, for Gladys was absolutely unable to perceive how any interior impulse could possibly prove too strong for discretion, for savoir faire — she was fond of scraps of French — for any rending of or throwing out of window those social pads and cushions which alone ensure a passage through life that will be free from succession of bumps and jars. That was why she was almost universally considered so charming: she always said the pleasant thing, and did the agreeable one (for everybody had to assist the pads and cushions), unless she was quite safe from detection. Then, it is true, the sheathed claws occasionally popped out, when it was quite dark, but before the return of light they were always sheathed again, and the velvet touch was in evidence.
“Imagine the marriage!” she went on. “A sexton and a sextoness were probably the witnesses, and they probably came — the happy pair, I mean — in a hansom and went away in a four-wheeler. Such nonsense to wreck your life like that. And a wreck is a crime; it is a danger to other shipping unless it is blown up.”
Now what Gladys said so directly, all London was thinking, if not with the same precision, at any rate with the same general trend. There had been a violation of its social codes, flagrant and open, and for the time, at any rate, it was disposed to visit the offence with the full severity of its displeasure. As Gladys had remarked: “How could they be such fools!” and the children of this world, being wiser in their generation than the children of light, are the first to punish folly. And it is very foolish to openly break the rules which Society has laid down if you wish to continue to occupy your usual arm-chair in that charming club. For the rules are so few, and so very easy to remember, and Evelyn and Madge had quite distinctly broken one of the most elementary of them. And Society, however accommodating in many lines, never forgives, at once anyhow, any such open violation of its laws as this. But just at present neither of the sinners cared nearly so much for all these laws as they cared for a single moment of this blue, fresh-winded day.
They had been married, as Gladys had said, on a Saturday, and had left England that same afternoon to spend a fortnight on the coast of Normandy, and there at this moment they were, on the very coast itself, with the blue, crisp ripples of the English Channel hissing gently on the sand. Evelyn had spent most of the morning constructing a huge sand-castle of Gothic design, but the rising tide half an hour ago had driven him from the last of its fortifications, and he was now sitting on the sand with Madge by his side. All this week he had been in the most irresponsible, irrepressible spirits, which any thought of the unhappiness that had been caused seemed powerless to dull; any suggestion of it passed in a moment like breath off a mirror. With the huge egotism of his nature he had determined quite satisfactorily to himself that what had happened was inevitable. He knew how ardent was his own love for Madge, he knew it was returned, he knew too, for she had told him how different was this from the quiet, sober affection she felt for Philip. Her marriage with him could not have taken place: she felt that herself, whereas nothing in the world was strong enough to pull them apart. And with the great good sense that so often characterises egotism, Evelyn, though he was very sorry for Philip, could not either be ashamed of himself, or on the other hand be sorry for Philip long. He faded from his mind almost the moment he thought of him. He could not bring his mind to bear on Philip when Madge was with him.
He had been wading during the building and the subsequent occupation of the Gothic sand-castle, and his feet were still bare, and his flannel trousers rolled up to his knees. Also a dead bee had been washed ashore in the foam of the ripples, and search must be made for a suitable coffin, since burial with all possible honour must be given to a honey-maker from those on the honey-moon. A pink bivalve shell was eventually disco
vered, which he considered worthy of containing the honoured corpse. Its grave was dug above high-water mark, a mound of sand in pyramid form raised over it, and the sides of this decorated with concentric circles of pebbles. A small passage constructed of shell, and flat stones led to the tomb-chamber itself, and the door of this was hermetically sealed. In front a small stone altar was raised, and offerings of sea-weed laid on it.
“And so,” said Evelyn, in conclusion of the short panegyric which, in capacity of preacher as well as architect, undertaker, and mason, he pronounced when the rites were over, “we commit to rest this follower of the fragrant life, who made his living among the flowers, and extracted honey and nothing less sweet than that from the summer of his days. My brethren, may we constantly follow this example of the perfect life. Amen. Say ‘Amen,’ Madge.”
Madge laughed.
“I don’t think I ever saw anyone so ridiculous,” she said; “and it appears you can go on being ridiculous all the time.”
“All the time I am happy,” said he.
“And you’re happy now?” she asked.
“Absolutely. I want nothing more. All this week I could have said to every moment: ‘Stay, thou art fair.’ And, oh! how fair you are, Madge. Smile, please — no, not the sad smile with all the sorrows of the world behind it.”