CHAPTER XIV

In the month of October immediately following two events took place which, though of apparently very different magnitude and importance, intimately and almost equally—as it proved in the sequel—affected Dominic Iglesias' life. The first was the declaration of war by the South African Republics. The second was the return of Miss Serena Lovegrove to town.

Now war is, unquestionably, not a little staggering to the modern civilised conscience; and this particular war possessed the additional unpleasantness of having in it, at first sight, an element of the grotesque. It is not too much to say that it struck the majority of the British public as being of the nature of a very bad joke. For it was as though a very small and very cheeky boy, after making offensive signs, had spat in the nation's face. Clearly the boy deserved sharp chastisement for his impudence. Nevertheless, the position remained an undignified and slightly ridiculous one; and the British public proceeded to safeguard its proper pride by treating the matter as lightly as possible. It assured itself—and others—that, given a reasonable parade of strength, the small boy, blubbering, his fists in his eyes, would speedily and humbly beg pardon and promise to mind his manners in future. A few persons, it is true, remembered Majuba Hill, and doubted the small boy's immediate reduction to obedience. A few others dared to suspect that English society was suffering from wealth apoplexy and the many unlovely symptoms which, in all ages of history, have accompanied that form of seizure, and to doubt whether blood-letting might not prove salutary. Dominic Iglesias was among these. His recent observations upon and excursions into the world of fashion, stray words let drop by Poppy St. John on the one hand, and by unhappy de Courcy Smyth on the other, had begotten in him the suspicion that the sobering and sorrowful influences of war might be healthful for the body politic, just as a surgical operation may be healthful for the individual body. Next to the Jew, the Dutchman is the most stubbornly tenacious of human creatures. He is a fighting man into the bargain. Iglesias could not flatter himself that the campaign would result in an easy walk-over for so much of the British army as a supine and annoyed Government condescended to place in the field. The whole affair lay heavy on his soul. It lay there all the heavier that a few days subsequent to the declaration of war Mr. Iglesias' thought was unexpectedly swept back into the arena of speculative finance.

In the portion of his morning paper allotted to business subjects, he had lighted on a long and evidently inspired article dealing with the flotation of a company just now in process of acquiring control over extensive areas in Southeast Africa. The prospects held out to investors were of the most golden sort. The land was declared to be not only remarkably rich in precious stones and precious metals, but also adapted for corn-growing on a vast scale—thus, both above and below the surface, promising prodigious wealth were its resources adequately developed.

Iglesias did not dispute the truth of these statements. The data quoted appeared trustworthy enough. Moreover, he was already fairly conversant with the enterprise, since Mr. Reginald Barking—that junior member of the great banking firm whose name has been mentioned in connection with strenuous modern business methods—was, to his knowledge, deeply interested in the promotion of it. That which troubled him, striking him as unsound and misleading, was the fact that the profits, as set forth in the newspaper article, were calculated—so at least it was evident to Iglesias—on the results of such development when completed, irrespective of the lapse of time required for such development; irrespective of possible and arresting accident; irrespective, too, of immediate and even protracted loss by the tying-up of huge sums of money which could yield but little or no return until the said process of development was an accomplished fact. To Iglesias' clear-seeing and logical mind the enterprise, therefore, presented itself as one of those gigantic modern gambles of which the incidental risks are emphatically too heavy, since they more often than not make rich men poor, and poor men paupers, before they come through—if, indeed, they even come through at all.

Reginald, in virtue of his youth, his energy, and relentless concentration of purpose, had rapidly become the ruling spirit of the house of Barking Brothers & Barking. Iglesias had no cause to love him, since to him he owed his dismissal. But that fact failed to colour his present meditations. Under the influence of his cherished and new-found charity, Dominic had little time or inclination for personal resentment. Too, the habits of the best part of a lifetime cannot be thrown aside in a day. Directly he touched business on the large scale, it became to him serious and imposing. And so the future of the firm and the issue of its operations, in face of current events, concerned him deeply, all the more that he gauged Reginald Barking's temper of mind and proclivities.

The young man's father—now happily deceased—had offered an instructive example of social and religious survival—survival, to be explicit, of the once famous Clapham Sect, and that in its least agreeable aspect. His theology was that of obstinately narrow misinterpretation of the Scriptures; his piety that of self-invented obligations; his virtue that of unsparing condemnation of the sins of others. His domestic morality was Hebraic—death kindly playing into his hands in regard of it. He married four times—Reginald, the only child of his fourth marriage, having the further privilege of being his only son. The boy was delicate and of a strumous habit. This fact, combined with his parents' ingrained conviction that a public school is synonymous, morally speaking, with a common sewer, caused his education to be conducted at home by a series of tutors as undistinguished by birth as by scholarship—tentative apologetic young men, the goal of whose ambitions was a wife and a curacy, failing which they resigned themselves to the post of usher in some ultra-Protestant school. Sport in all its forms, art and literature, being alike forbidden, the boy's hungry energy had found no reasonable outlet. He had been miserable, peevish, ailing, until at barely eighteen—after a discreditable episode with a scullery-maid—he had been shipped off to New York to learn business in the house of certain brokers and bill-discounters with whom Messrs. Barking Brothers had extensive financial relations. Life in the land of the Puritans was not, even at that time of day, inevitably immaculate. Freedom from parental supervision and the American climate went to the lad's head. He passed through a phase of commonplace but secret vice, emerging there-from with an unblemished social reputation; a blank scepticism in matters religious, combined with bitter animosity against the Deity whom he declared non-existent; and a fiercely driving ambition, not so much for wealth in itself, as for that control ever the destinies of men, and even of nations, with which wealth under modern conditions endows its possessor. He was a pale, dry, lizard-like young man, suggesting light without heat, and excitement without emotion. Early in his career he recognised that the great sources of wealth and power lie with the younger countries, in the development of their natural and industrial resources, of their railways and other forms of transport. The phenomenal advance of America, for example, was due to her enormous territory and the opportunities of expansion, with the bounds of nationality, which this afforded her people. But he also recognised that America was essentially for the Americans, and that it was useless for an outsider, however skilful, however even unscrupulous, to pit his business capacity against that of the native born. His dreams of power and speculative activity directed themselves, consequently, to the British Colonies, and to those as yet unappropriated spaces of the earth's surface where British influence is still only tentatively present.

Meanwhile he had espoused Miss Nancy Van Reenan, daughter of a famous transatlantic merchant prince, first cousin, it may be added, to the beautiful Virginia Van Reenan whose marriage with Lawrence Rivers, of Stoke Rivers in the county of Sussex, so fluttered the smartest section of New York society a few years ago. He returned to England in the spring of 1897, convinced that America had taught him, commercially speaking, all there was to know. This knowledge he prepared to apply to waking up the venerable establishment in Threadneedle Street, while employing the unimpeachable respectability and solvency of the said establishment as a lever towards the realisation of his own far-reaching ambitions. He brought with him from the United States, in addition to his elegant wife, two dry, pale children, whose contours were less Raphaelesque than gnat-like, and the acuteness of whose critical faculty was very much more in evidence than that of their affections. These bright little results of modernity and applied science—in the shape of the incubator—took their place in the social movement, at the ages of three and five respectively, with the hard and chilling assurance of a world-weary man and woman. They never exhibited surprise. They rarely exhibited amusement. They were radically disillusioned. They frequently referred to their nerves and their digestions, in the interests of which they consistently repudiated every form of excess.

With these rather terrible little gentry Dominic Iglesias was, happily for himself, unacquainted; but with their father he was very well acquainted, as has already been stated. Hence his fears. Folding his newspaper together, he laid it on the table and proceeded to walk meditatively up and down his sitting-room. The morning was keen with sunshine, the leaves of the planes and balsam-poplars fell in brown and yellow showers upon the Green, on the further side of which the details of the red and yellowish grey houses stood out in high relief of sharp-edged light and shadow. Mr. Iglesias had risen in a hopeful frame of mind. Of late it had become his habit to call weekly on Poppy St. John. Today was the one appointed for his visit. Since he had spoken to her about his mother his friendship with Poppy St. John had entered upon a new phase. It was no longer experimental, but absolute, the more so that she had in no way presumed upon his confidence. He felt very safe with her—safe to tell or safe to withhold as inclination should move him. And in this there was a strange and delicate lessening of the burden of his loneliness, without any encroachment on his pride. He had found, moreover, that behind her patter lay an unexpected acquaintance with public affairs and the tendencies of current events, so that it was possible to talk on subjects other than personal with her. He was coming to have much faith in her judgment as well as in her sincerity of heart. And, so, with the prospect of seeing her before him, Dominic had risen in the happiest disposition, had so remained till the newspaper article disturbed his mind. For what, as he asked himself, did it portend, this extravagant puff of the company's lad and the company's prospects, at this particular juncture? Why was it so urgently and eloquently forced upon the market just now? Was it but another proof of the contemptuous attitude adopted by Englishmen of all classes towards the Boer Republics? Or did it take its origin very much elsewhere—namely, in the fact that Reginald Barking had so deeply involved the capital and pledged the credit of the firm that it became necessary to make violent and doubtfully honest bid for popular support before the position of the said firm, through difficulty and accident induced by war, became desperate?

This last solution of the perplexing question aroused all Mr. Iglesias' loyalty towards his old employers. He saw before them the ugly possibility of failure and disgrace. The mere phantom of the thing hurt him as unseemly, as a shame and dishonour to those who in their corporate capacity had benefited him, and therefore as a shame and dishonour, at least indirectly, to himself. The thought agitated him. He needed to take council with someone; and so, pushed by a necessity of immediate action uncommon to him, he laid hands on hat and coat and set forth to talk matters over with his old friend and former colleague, George Lovegrove.