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at the summons of Paul Spinner; and the visit included conversations not only with Paul, but with Smathe and Smathe, the solicitors, and with a firm of stockbrokers. Paul handed over to his crony saleable securities, chiefly in the shape of scrip of the greatest oil-combine and its subsidiaries, for a vast amount, and advised Mr. Prohack to hold on to them, as, owing to the present depression due to the imminence of a great strike, they were likely to be "marked higher" before Mr. Prohack was much older. Mr. Prohack declined the advice, and he also declined the advice of solicitors and stockbrokers, who were both full of wisdom and of devices for increasing capital values. What these firms knew about the future, and about the consequences of causes and about "the psychology of the markets" astounded the simple Terror of the departments; and it was probably unanswerable. But, being full of riches, Mr. Prohack did not trouble to answer it; he merely swept it away with a tyrannical and impatient gesture, which gesture somehow mysteriously established him at once as a great authority on the art of investment. "Now listen to me," said he imperiously, and the manipulators of shares listened, recalling to themselves that Mr. Prohack had been a Treasury official for over twenty years and must therefore be worth hearing--although the manipulators commonly spent many hours a week in asserting, in the press and elsewhere, that Treasury officials comprehended naught of finance. "Now listen to me. I don't care a hang about my capital. It may decrease or increase, and I shan't care. All I care for is my interest. I want to be absolutely sure that my interest will tumble automatically into my bank on fixed dates. No other consideration touches me. I'm not a gambler. I'm not a usurer. Industrial development leaves me cold, and if I should ever feel any desire to knit the Empire closer together I'll try to do it without making a profit out of it. At the moment all I'm after is certain, sure, fixed interest. Hence--Government securities, British Government or Colonial! Britain is of course rotten to the core, always was, always will be. Still, I'll take my chances. I'm infernally insular where investment is concerned. There's one thing to be said about the British Empire--you do know where you are in it. And I don't mind some municipal stocks. I even want some. I can conceive the smash-up of the British Empire, but I cannot conceive M
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