my father, and myself,
in different securities,
at Five per Cent.
Interest, with a
settlement of account
and Investment of
interest every six
months, producing,
as by annexed vouchers, 225,950,000
Less losses sustained
by failures, expenses of
commission and
brokerage, and
salary of three
generations of
trustees, as per
statement annexed 13,775,000
___________
212,175,000
Francs 212,175,000
"It is quite right," said Samuel, after examining the papers, contained
in the cedar-wood box. "There remains in hand, at the absolute disposal
of the heirs of the Rennepont family, the Sum Of TWO HUNDRED AND TWELVE
MILLIONS, ONE HUNDRED AND SEVENTY-FIVE THOUSAND FRANCS." And the old man
looked at his wife with an expression of legitimate pride. "It is hardly
credible!" cried Bathsheba, struck with surprise. "I knew that you had
immense property in your hands; but I could never have believed, that one
hundred and fifty thousand francs, left a century and a half ago, should
be the only source of this immense fortune."
"It is even so, Bathsheba," answered the old man, proudly. "Doubtless, my
grandfather, my father, and myself, have all been exact and faithful in
the management of these funds; doubtless, we have required some sagacity
in the choice of investments, in times of revolution and commercial
panics; but all this was easy to us, thanks to our relations with our
brethren in all countries--and never have I, or any of mine, made an
usurious investment, or even taken the full advantage of the legal rate
of interest. Such were the positive demands of M. de Rennepont, given to
my grandfather; nor is there in the world a fortune that has been
obtained by purer means. Had it not been for this disinterestedness, we
might have much augmented this two hundred and twelve millions, only by
taking advantage of a few favorable circumstances."
"Dear me! is it possible?"
"Nothing is more simple, Bathsheba. Every one knows, that in fourteen
years a capital will be doubled, by the mere accumulation of interest and
compound interest at five per cent. Now reflect, that in a century and a
half there are ten times fourteen years, and that these one hundred and
fifty thousands francs have thus been doubled and redoubled, over and
over again. All that astonishes you will
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