Rolf Boldrewood - Plain Living

“I had your letter last week about my account, Mr. Merton. What is the bank going to do in my case? I came down on purpose to see you.”

The banker’s face became grave. It was the crossing of swords, en garde as it were. And the financial duel began.

“I trust, Mr. Stamford, that we shall be able to make satisfactory arrangements. You are an old constituent, and one in whom the bank has reposed the fullest confidence; but,” here the banker pushed up his hair, and his face assumed an altered expression, “the directors have drawn my attention to the state of your account, and I feel called upon to speak decidedly. It must be reduced.”

“But how am I to reduce it? You hold all my securities. It is idle to talk thus; pardon me if I am a little brusque, but I must sell Windāhgil – sell the old place, and clear out without a penny if I do not get time – a few months of time – from the bank! You know as well as I do that it is impossible to dispose of stations now at a reasonable price. Why, you can hardly get the value of the sheep! Look at Wharton’s Bundah Creek how it was given away the other day. Fifteen thousand good sheep, run all fenced, good brick house, frontage to a navigable river. What did it bring? Six and threepence a head. Six and threepence! With everything given in, even to his furniture, poor devil! Why, the ewe cost him twelve shillings, five years before. Sale! It was a murder, a mockery! And is Windāhgil to go like that, after all my hard work? Am I and my children to be turned out penniless because the bank refuses me another year’s grace? The seasons are just as sure to change as we are to have a new moon next month. I have always paid up the interest and part of the principal regularly, have I not? I have lived upon so little too! My poor wife and children for these last long years have been so patient! Is there no mercy, not even ordinary consideration to be shown me?”

“My dear Mr. Stamford,” said the manager kindly, “do not permit yourself to be excited prematurely. Whatever happens you have my fullest sympathy. If any one receives consideration from the bank, you will do so. You have done everything that an energetic, honourable man could have done. I wish I could say the same of all our constituents. But the seasons have been against you, and you must understand that, although personally I would run any fair mercantile risk for your sake, even to the extent of straining my relations with the directors, I have not the power; I must obey orders, and these are precise. If a certain policy is decided upon by those who guide the affairs of this company, I must simply carry out instructions. Yours is a hard case, a very hard case; but you are not alone, I can tell you in confidence.”

“Is there nothing I can do?” pleaded the ruined man, instinctively beholding the last plank slipping from beneath his feet.

“Don’t give in yet,” said Merton kindly. “Get one of these newly-started Mortgage and Agency Companies to take up your account. They have been organised chiefly, I am informed, with a view to get a share of the pastoral loan business, which is now assuming such gigantic proportions. They are enabled to make easier terms than we can afford to do; though, after all, this station pawn business is not legitimate banking. If you have any friend who would join in the security it would, perhaps, smooth the way.”

“I will try,” said Stamford, a ray of hope, slender but still definite, illumining the darkness of his soul. “There may be a chance, and I thank you, Mr. Merton, for the suggestion, and your wish to aid me. Good morning!” He took his hat and passed through the waiting-room, somewhat sternly regarded by the capitalist, who promptly arose as the inner door opened. But Harold Stamford heeded him not, and threading the thronged atrium, re-entered once more the city pageant, novel and attractive to him in spite of his misery. To-day he mechanically took the seaward direction, walking far and fast until he found himself among the smaller shops and unmistakable “waterside characters” of Lower George Street. Here he remembered that there were stone stairs at which, in his boyhood’s days, he had so often watched the boats return or depart on their tiny voyages. A low stone wall defended the street on that side, while permitting a view of the buildings and operations of a wharf. Beyond lay the harbour alive with sail and steam. In his face blew freshly the salt odours of the deep, the murmuring voice of the sea wave was in his ears, the magic of the ocean stole once more into his being.

In his youth he had delighted in boating, and many a day of careless, unclouded joy could he recall, passed amid the very scenes and sounds that now lay around him. Long, happy days spent in fishing when the fair wind carried the boy sailors far away through the outer bays or even through the grand portals where the sandstone pillars have borne the fret of the South Pacific deep for uncounted centuries. The long beat back against the wind, the joyous return, the pleasant evening, the dreamless slumber. He remembered it all. What a heaven of bliss, had he but known it; and what an inferno of debt, ruin, and despair seemed yawning before him now!

He leaned over the old stone wall and watched mechanically the shadow of a passing squall deepen the colour of the blue waters of the bay. After a while, his spirits rose insensibly. He even took comfort from the fact that after the sudden tempest had brooded ominously over the darkening water, the clouds suddenly opened – the blue sky spread itself like an azure mantle over the rejoicing firmament – the golden sun reappeared, and Nature assumed the smile that is rarely far from her brow in the bright lands of the South.

“I may have another chance yet,” Stamford said to himself. “Why should I despair? Many a man now overladen with wealth has passed into a bank on such an errand as mine, uncertain whether he should return (financially) alive. Are not there Hobson, Walters, Adamson – ever so many others – who have gone through that fiery trial? I must fight the battle to the end. My Waterloo is not yet lost. ‘The Prussians may come up,’ as darling Laura said.”

Although receiving the advice of Mr. Merton, whom he personally knew and respected, mainly in good faith, he was sufficiently experienced in the ways of the world to mingle distrust with his expectations. It was not such an unknown thing with bankers to “shunt” a doubtful or unprofitable constituent upon a less wary student of finance. Might it not be so in this case? Or would not the manager of the agency company indicated regard him in that light? How hard it was to decide! However, he would try his fortune. He could do himself no more harm.

So he turned wearily from the dancing waters and the breezy bay, and retracing his steps through the crowded thoroughfare, sought the imposing freestone mansion in which were located the offices of the Austral Agency Company.

“How these money-changing establishments house themselves!” he said. “And we borrowers pay for it with our heart’s blood,” he added, bitterly. “Here goes, however!”

He was not doomed on this occasion to any lingering preparatory torture, for in that light he had come to regard all ante-chamber detentions. He accepted it as a good omen that he was informed on sending in his card, that Mr. Barrington Hope was disengaged, and would be found in his private room.

Mr. Stamford was at once strongly prepossessed in favour of the man before whom he had come prepared to make a full statement of his affairs, and to request – to all but implore – temporary accommodation. Bah! how bald a sound it had! How unpleasant the formula! And yet Harold Stamford knew that the security was sound, the interest and principal nearly as certain to be paid in full as anything can be in this uncertain world of ours. Still, such was the condition of the money market that he could not help feeling like a beggar. His pride rebelled against the attitude which he felt forced to take. Nevertheless, for the sake of the sweet, careworn face at home, the tender flowerets he loved so well, he braced himself for the ordeal.