No. III
THE BANKRUPTCY OF BANNISTER
I
I am Bannister, and what happened to me was a very gradual thing at first; but it grew and grew until finally something had to be done, and that something was called 'bankruptcy.'
Curiously enough I had heard the word before at home. In fact, as I told Gideon, who kindly let me explain my position to him, my father had once been bankrupted; and when he was a bankrupt my mother cried a good deal and my father talked about 'everlasting disgrace' and 'a bloodthirsty world,' and something in the pound. And then there came a day when my father told my mother gladly that he had been discharged, whatever that was, and my mother seemed much pleased. In fact, she said, "Thank God, Gerald!" and they had a bottle of champagne for lunch. It was in holidays, and I heard it all, and tasted the champagne, and didn't like it.
So, remembering this, when Gideon talked of me being a bankrupt, I said, "All right, and the sooner the better."
As I say, one gets hard up very gradually, and the debts seem nothing in themselves; but when, owing to chaps bothering, you go into it all on paper you may often be much surprised to find how serious things are taken altogether.
What I found was that my pocket-money was absolutely all owed for about three terms in advance, and that Steggles, who lent me a shilling upon a thing called a mortgage, the mortgage being my bat, was not going to give up my bat, which was a spliced bat and cost eight shillings and sixpence. He said what with interest and one thing and another his shilling had gained six shillings more, and that if he didn't take the bat at once he would be out of pocket. So he took it, and he played with it in a match and got a cluck's egg, and I was jolly glad. Then the tuck-woman, who is allowed to come up to the playground after school with fruit and sweets and suchlike, was owed by me seven shillings and fourpence, and she wouldn't sell anything more to me, and asked me rather often to pay the money. I told her that all would be paid sooner or later, and she seemed inclined not to believe it. Other debts were one and six owed to Corkey minimus for a mouse that he said was going to have young mice, but it didn't, and he had consented to take ninepence owing to being mistaken. Tin Lin Chow, the Chinese boy, was owed four shillings and threepence for a charm. It was a good enough charm, made of ivory and carved into a very hideous face. All the same, it never had done me much good, for here I was bankrupted six months after buying it, and the charm itself not even paid for.
There was a lot of other small debts—some merely a question of pens and caterpillars; but they all mounted up, and so I felt something must be done, because being in such a beastly mess kept me awake a good deal at night thinking what to do.
Therefore I went to Gideon, who is a Jew, and very rich, and well known to lend money at interest. He is first in the whole school for arithmetic, and his father is a diamond merchant and a banker, and many other things that bring in enormous sums of money. Gideon has no side, and he is known to be absolutely fair and kind even to the smallest kids. So I went to him and I said—