“As I thus spoke Abdullah’s breast heaved with tempestuous sobs, provoked by the affecting example of my filial piety, but also, I fear, by the black prospect of his own future.

“I could not bear to witness his distress. I hastened to relieve it. Though my vow (I said) forbade me solemnly to enter into partnership, yet I could be of service to him in another manner. I would lend him money at a low rate of interest to the value of half his stock upon the security of the whole. Times would change. The present ruinous price of pipkins (by which I myself suffered severely) could not long endure. He would lift his head again and could repay me at his leisure.

“He thanked me profusely, kissed my hand again and again, and gave me an appointment next day to view his merchandise and draw up the contract.

“I visited him at the hour agreed. The public notaries drew up an inventory of his whole stock, including his house and furniture, his prayer beads (which I was interested in, for they were of a costly Persian make), his dead wife’s jewels, all his clothes, his bed, and his pet cat—an animal of no recorded pedigree but reputed to be of the pure Kashmir breed. I carefully noted all flaws, however slight, in each pipkin of his warehouse and set all such damaged goods aside as a makeweight. The sound pipkins I made no bones of but accepted frankly at their market value, and when the whole was added up the valuation came to no less than 20,000 dinars. Yet so hide-bound in routine were the inhabitants of the place that Abdullah—if you will believe me!—had actually set his business stock down in his old books at four-fold that amount!

“As I had had to carry on, I had not now left by me my full hoard of 10,000 dinars. I had but 8,000 left. Yet I was in no difficulty. Half 20,000 is 10,000—but there would be deductions!

“The costs of all this inventory and mortgage were, of course, set down against my valued friend Abdullah, but since he had not the ready cash wherewith to pay the notaries, their clerks, the demurrage fees, the stamps, the royal licence, the enregistration, the triplicates, the broker’s commission, the ...”

“Pray, uncle,” cried the youngest of the nephews, “what are all these?”

“You must not interrupt me, my boy,” answered the great merchant, a little testily, “they are the necessary accompaniments of such transactions.... Well, as I was saying, the broker’s commission, the porter’s wages, the gratuities to the notaries’ servants, the cleaning up of the warehouse after all was over, and a hundred other petty items, I generously allowed them to be deducted from the loan; for our Prophet has said, ‘Blessed is he that shall grant delay to his debtor.’ That very evening, with every phrase of goodwill and expressed hopes for his speedy recovery of fortune, I counted out to my dear friend Abdullah the full balance of 16,325 dinars and one half dinar, and left him overjoyed at the possession of so much immediate wealth.

“But, alas! no man can forecast the morrow, and all things were written at the beginning to be as they shall be. So far from pipkins rising, the price fell slowly and regularly for three months, during which time I was careful to restrict my own production somewhat, though my poor dear friend, in his necessity, produced more feverishly than ever, and thereby did but lower still further the now really infamous price of pipkins.

“At last he came to a dead stop, and could produce no more. I gladly allowed the first, the second and even the third arrears of interest to be added to the principal at a most moderate compound rate, but there was some fatality upon him, and I was inexpressibly shocked to hear one morning that Abdullah had drowned himself over night in a beautiful little lake which his long dead wife had designed for him in his once charming pleasure grounds.”