Dennis Wheatley - The Haunting of Toby Jugg

'I shall assume control,' I replied with a smile. 'At least, I hope so. After all the time and trouble you have given to educating me for the job I'd be a pretty poor specimen if I let you down to the extent of not even attempting to tackle it.'

He nodded. 'I'm glad you feel like that. I was afraid that your time in the Air Force might have altered your outlook. Since you are still prepared to take on this enormous responsibility it is doubly tragic that your health is likely to prove such a heavy handicap.'

'This new trouble may,' I agreed. 'But before that started I saw no reason why the injury to my spine should prevent me using my brain; so I had been toying with the idea of having a special motor ambulance caravan fitted out, in which to tour the factories. It would probably take me the best part of a year to get a real grip of things, and I had no intention of throwing my weight about to start with; but after a tour like that I should have picked up enough of the practical side to argue the pros and cons of the broader issues with my co directors.'

Helmuth nodded his white head again. 'That sounds an admirable scheme. You will have to continue to observe your rest hours, and be careful not to overdo it until your back is a bit stronger; but if all goes well in the other matter, I see no reason why you should not start on a tour of that kind in the autumn. It would certainly prove a most popular move with all your employees, and, as you say, give much more weight to your opinions when you do decide to give vent to them at Board Meetings. Yes, I congratulate you on that idea, Toby.'

'Thanks,' I said, and after a moment he went on:

'All the same, I wonder if you fully realise what you will be up against. However tactfully you set to work, most of these middle aged and elderly industrialists who are running your Companies at the present time are not going to take at all kindly to a young man of twenty-one walking in and insisting on changes in old established policies.'

'I hope that in most cases that will not be necessary.'

'My dear Toby; if it is not you will have put yourself to a great deal of trouble for nothing. The whole object of a new broom is to sweep clean. With your intelligence you are bound to spot all sorts of effort wasting, obsolete practices, incompetent executives and unnecessary wastages to which the others have become blind through seeing them go on for years. If you do not initiate reforms to abolish these weaknesses you will be letting yourself down as well as your shareholders, and never become a great leader of industry.'

'I suppose you are right,' I said thoughtfully. 'If that does prove the case, I shall certainly introduce reforms and endeavour to overcome any opposition that I may meet with.'

'It will take a lot of overcoming. Most of these men have had to fight hard to attain their present positions, and they will have an instinctive prejudice against your youth and inexperience. Those who are uncertain of themselves will combine against you from fear that you may think them not up to their jobs and get rid of them; while others, who are of stronger mettle, will do their utmost to dominate you and climb on your back to greater power.'

'You paint a gloomy picture,' I remarked. 'It looks as if instead of being able to devote most of my time to making my Companies more prosperous I shall have to spend it defending myself from the jealousy and intrigues of my co directors.'

'I think you will anyhow, to start with,' he said frankly. 'But, if you will let me, I can help you to overcome a great deal of such opposition.'

Naturally, I thought he was suggesting that I should make him my private adviser; and evidently he guessed what I was thinking, as he waved aside my murmur of thanks, and said quietly:

'If, later on, you find any use for my personal services I will give them gladly; but that was not what I had in mind. I expect you remember hearing about the Brotherhood when you were at Weylands?'

At that my ears pricked with interest. 'Rather! It was the great mystery of the place, and we all used to speculate on what went on at those meetings in the crypt of the old Abbey. It was a Masonic Lodge of the Grand Orient, wasn't it?'

'No. A number of its members are also Freemasons who had been initiated on the Continent; so we use that Grand Orient story as cover; ours is a much older fellowship. The main reason why I tried to prevent you joining the R.A.F. was because I did not want you to miss initiation; but by running away you stymied me over that. However, it is not too late, and membership of the Brotherhood could be of immense value to you in your business life; so if you are agreeable, I propose to start preparing you for initiation now.'

'How thrilling!' I exclaimed. 'Do tell me about it. What is the object of the association, and what should I have to do?'

'It is a Brotherhood, based on the old principle that Union is Strength. Each member contributes to it according to his means and receives from it according to his needs.'

I laughed. 'That sounds rather like Socialism to me. As I am exceptionally rich it looks as if I should be expected to make a contribution out of all proportion to anything I was likely to get back.'

'It is Socialism, but on the highest plane. You need have no fears that your millions will be scattered to the masses.'

'My millions!' I echoed, raising an eyebrow at his joke.

He shrugged. 'Even if it cost you your whole fortune you would still be the gainer on balance. That may sound a tall statement, Toby; but in due course I believe you'll agree with me.'

'I'll be better able to form an opinion when I know more about

it,' I said, with a grin. 'If the rumours which used to circulate at

Weylands had any truth in them, the Brotherhood consists of a considerable number of people all of whom possess wealth, influence or brains; and are pledged to help one another. Is that a fact?'

As he nodded assent, I went on: 'I can fully appreciate that membership of such a fraternity must be extremely valuable; and I see now why you think it would prove a big asset to me in dealing with my fellow industrialists; but obviously there is a limit to what such secret assistance in one's dealings would be worth.'

'Why should there be?' he asked quite seriously. 'You are an immensely rich man. Your grandfather left in trust for you assets to the value of over fourteen million sterling. If that had happened half a century ago, by the reinvestment of the bulk of the income at cumulative interest during your minority, by now you would be worth something like thirty million.

'But time marches on; owing to your grandfather's death not having occurred till nineteen twenty nine, income and super tax had already risen to such heights that in the past thirteen years the Trustees have been able to add only a beggarly million and three-quarters to your original capital. Since the war the situation of people in the top income groups has deteriorated still further. By the time it ends you will be lucky if you are allowed to keep sixpence in the pound of what your money earns. So what will your fortune be worth to you then?'

I did a quick calculation. 'In Government stocks it would bring me in only about ten thousand a year, but in my own companies it should produce at least double that. And you forget the Directors' Fees that I should draw; they would easily amount to a further twenty thousand.'

It was Helmuth's turn to grin. 'My dear Toby, Directors' Fees are taxable, and twenty thousand sixpences comes to only five hundred pounds. On your own showing your net income would barely exceed twenty thousand a year, all told. You already allow your uncle that figure to keep up Queensclere and the London house, and I gather you have now promised that he shall lose nothing by your assuming control of your own money. Actually, of course, your tax free allowances for business expenses will save you from having to give up cocktails and cigarettes; but the sooner you disabuse yourself of the idea that the possession of millions still endows their owner with almost limitless spending power, the better.'