FREE BOOKS

Author's List




PREV.   NEXT  
|<   334   335   336   337   338   339   340   341   342   343   344   345   346   347   348   349   350   351   352   353   354   355   356   357   358  
359   360   361   362   363   364   365   366   367   368   369   370   371   372   373   374   375   376   377   378   379   380   381   382   383   >>   >|  
he said to himself, such fools that they understood nothing. And then the money was very convenient to him. He was intent on obtaining Sexty Parker's consent to a large speculation, and knew that he could not do so without a show of funds. By the time, therefore, that he had reached the city he had resolved that at any rate for the present he would use the money and say nothing about it to Mr. Wharton. Was it not spoil got from the enemy by his own courage and cleverness? When he was writing his acknowledgement for the money to Warburton he had taught himself to look upon the sum extracted from the Duke as a matter quite distinct from the payment made to him by his father-in-law. It was evident on that day to Sexty Parker that his partner was a man of great resources. Though things sometimes looked very bad, yet money always "turned up." Some of their buyings and sellings had answered pretty well. Some had been great failures. No great stroke had been made as yet, but then the great stroke was always being expected. Sexty's fears were greatly exaggerated by the feeling that the coffee and guano were not always real coffee and guano. His partner, indeed, was of opinion that in such a trade as this they were following there was no need at all of real coffee and real guano, and explained his theory with considerable eloquence. "If I buy a ton of coffee and keep it six weeks, why do I buy it and keep it, and why does the seller sell it instead of keeping it? The seller sells it because he thinks he can do best by parting with it now at a certain price. I buy it because I think I can make money by keeping it. It is just the same as though we were to back our opinions. He backs the fall. I back the rise. You needn't have coffee and you needn't have guano to do this. Indeed the possession of the coffee or the guano is only a very clumsy addition to the trouble of your profession. I make it my study to watch the markets;--but I needn't buy everything I see in order to make money by my labour and intelligence." Sexty Parker before his lunch always thought that his partner was wrong, but after that ceremony he almost daily became a convert to the great doctrine. Coffee and guano still had to be bought because the world was dull and would not learn the tricks of trade as taught by Ferdinand Lopez,--also possibly because somebody might want such articles,--but our enterprising hero looked for a time in which no such dull burden s
PREV.   NEXT  
|<   334   335   336   337   338   339   340   341   342   343   344   345   346   347   348   349   350   351   352   353   354   355   356   357   358  
359   360   361   362   363   364   365   366   367   368   369   370   371   372   373   374   375   376   377   378   379   380   381   382   383   >>   >|  



Top keywords:

coffee

 

partner

 

Parker

 
taught
 

looked

 

seller

 

keeping

 

stroke

 

opinions

 
clumsy

addition

 
possession
 
Indeed
 

understood

 
thinks
 

intent

 

parting

 

trouble

 
convenient
 
profession

tricks

 
Ferdinand
 

bought

 

possibly

 
burden
 

enterprising

 

articles

 
Coffee
 

doctrine

 

labour


intelligence

 

markets

 

obtaining

 

convert

 

ceremony

 

thought

 

evident

 

present

 

father

 

resources


Though

 

resolved

 
turned
 

things

 

payment

 

distinct

 

cleverness

 
writing
 

acknowledgement

 

courage