The Van Dwellers: A Strenuous Quest for a Home

by Albert Bigelow Paine

I had never dealt in stocks, or discovered any currency in the public thoroughfares, but my recent inheritance of the Sum and its benefits had developed a taste in the right direction. Calfskin Common was low then, almost as low as it has been since, and an option on a hundred shares could be secured with a ridiculously small amount—even the fragment of the Sum would be sufficient.

I mentioned the matter that night to the Little Woman. We agreed almost instantly that there was no reason why we should not make something on Calfskin Common, though I could see that the Little Woman did not know what Calfskin Common was. I have hinted before that she was not then conversant with the life and lingo of the Stock Exchange, and on the whole my advantage in this direction was less than it seemed at the time. I think we both imagined that Calfskin Common had something to do with a low grade of hides, and the Little Woman said she supposed there must be a prospective demand from some foreign country that would advance the price of cheap shoes. Of course it would be nice to have our investments profitable, but on the whole perhaps I'd better lay in an extra pair or so of everyday footwear for the Precious Ones.

I acquired some information along with my option on the stock next day, so that both the Little Woman and myself could converse quite technically by bed-time. We knew that we had "put up a ten per cent. margin" and had an "option" at twelve dollars a share on a hundred shares of the common stock in leather corporation—said stock being certain to go to fifty and perhaps a hundred dollars a share within the next sixty days. The fragment of the Sum and a trifle more had been exchanged for the Stock, and we were "in on a deal." Then too we had a "stop-loss" on the Stock so that we were safe, whatever happened.

The Little Woman didn't understand the "stop-loss" at first, and when I explained to her that it worked automatically, as it were, she became even more mystified. I gathered from her remarks that she thought it meant something like an automatic water shut-off such as we had in the bath-room to prevent waste. Of course, that was altogether wrong, and I knew it at the time, but it did not seem worth while to explain in detail. I merely said that it was something we could keep setting higher as the stock advanced, so that in event of a downward turn we would save our original sum, with the accrued profits.

Then we talked about what we would do with the money. We said that now we had such a lot of good things and were going to make money out of the Stock we ought to try one really high-class apartment—something with an elevator, and an air of refinement and gentility. It would cost a good deal, of course, but the surroundings would be so much more congenial, so much better for the Precious Ones, and now that I was really doing fairly well, and that we had the Stock—still we would be prudent and not move hastily.

We allowed the Stock to advance five points before we really began to look for a place. Five points advance meant five hundred dollars' profit on our investment, and my friend on the exchange laughed and congratulated me and said it was only the beginning. So we put up the stop-loss, almost as far as it would go, and began to look about for a place that was quite suitable for people with refined taste, some very good things in the way of rugs and furniture, and a Stock.

We were not proud as yet. We merely felt prosperous and were willing to let fortune smile on us amid the proper surroundings. We said it was easy enough to make money, now that we knew how, and that it was no wonder there were so many rich people in the metropolis. We had fought the hard fight, and were willing now to take it somewhat easier. We selected an apartment with these things in view.

It was some difficulty to find a place that suited both us and the Precious Ones. Not that they were hard to please—they welcomed anything in the nature of change—but at most of the fine places children were rigorously barred, a rule, it seemed to us, that might result in rather trying complications between landlord and tenant in the course of time and nature, though we did not pursue investigations in this line. We found lodgment and welcome at length in the Apollo, a newly constructed apartment of the latest pattern and in what seemed a most desirable neighborhood.

The Apollo was really a very imposing and towering affair, with onyx and gilded halls. The elevator that fairly shot us skyward when we ascended to our eerie nest ten stories above the street, and was a boundless joy to the Precious Ones, who would gladly have made their playhouse in the gaudy little car with the brown boy in blue and brass. Our fine belongings looked grand in the new suite, and our rugs on the inlaid and polished floor were luxurious and elegant. Compared with this, much of our past seemed squalid and a period to be forgotten. Ann, who was still with us, put on a white cap and apron at meal-times, and to answer the bell, though the cap had a habit of getting over one ear, while the apron remained white with difficulty.

The janitor of the Apollo was quite as imposing as the house itself,—a fallen nobleman, in fact, though by no means fallen so far as most of those whose possibilities of decline had been immeasurably less. He was stately and uplifting in his demeanor. So much so that I found myself unconsciously imitating his high-born manner and mode of speech. I had a feeling that he was altogether more at home in the place than we were, but I hoped this would pass. Whatever the cost, we were determined to live up to the Apollo and its titled Chargé d'Affaires.