VI
Tidemand came to H. Henriksen's office at ten the next morning. Ole was standing at his desk.
Tidemand's errand was, as he had said, a matter of business only; he spoke in a low voice and placed before Ole a telegram couched in mysterious words. Where it said "Rising One," it really meant "Ten," and where it said "Baisse U. S.," it meant an exportation prohibition on the Black Sea and along the Danube, and a rise in America. The telegram was from Tidemand's agent in Archangel.
Ole Henriksen immediately grasped the situation: on account of the Russian crop failure, in connection with the already low supplies, Russia was preparing to prohibit all grain exports. Hard times were coming. Norway, too, would feel the pressure, and grain would soar to incredible prices. It was necessary to get hold of as much as possible at no matter what figure. In spite of official Russian denials of the rumours in English newspapers, it seemed as if America already had scented the danger, for American wheat was rising daily. From eighty-seven and eighty-eight it had risen until it now fluctuated between one hundred and ten and one hundred and fifteen. Nobody could predict to what heights it would climb.
Tidemand's business with Ole was a proposition that the two friends and colleagues join in a speculation in American rye while there still was time. They were to join forces and import a mass of rye that should materially assist in keeping the country fed during the coming year. But it was a matter of urgency; rye, too, was soaring; in Russia it was almost unpurchasable.
Ole left his desk and began to walk up and down. His mind was working; he had intended to offer Tidemand some refreshment, but forgot it entirely. He was greatly tempted, but he was up to his neck in other pressing engagements—that Brazilian affair had almost paralysed him for the moment, and he did not expect to be able to take his profits until early summer.
"There ought to be money in it," said Tidemand.
No doubt; that was not why Ole hesitated. But he simply was not able to do it. He explained his circumstances and added that he was afraid to tackle anything more at present. The speculation appealed to him, notwithstanding his inability to participate; his eyes gleamed, and he inquired eagerly into all the details. He took a piece of paper, made estimates, and studied the telegram afresh with a thoughtful air. Finally he declared that he could do nothing.
"Of course I can operate alone," said Tidemand. "I will do it on a smaller scale, that is all. But I should have liked you to be in on this; I would have felt safer. I realise that you cannot go further. However, I'll telegraph myself; have you got a blank?"
Tidemand wrote out his telegram and handed it to Ole.