“I am not, my lord. I am merely telling you, in the plainest possible words at my command, just how the situation stands.”
“I thank you, Mr. Hahn, for the clarity of your explanation. I take it, then, that you cannot leave these documents with me?”
“Not unless you will sign that receipt, my lord.”
“As I feel disinclined to do that, Mr. Hahn, and suffer no qualms of conscience whatever regarding the unlucky stockbrokers, I hereby return them to you, receipt and all. Now, you tell Mr. Schwartzbrod that the price of Red Shallows shares is one hundred pounds each, and if there are seventy thousand shares coming to me which your principles cannot produce, their check for seven million pounds will do me quite as well.”
“My lord, you pretend ignorance in business affairs. I suppose you are now trying to prove it. You cannot make the shares a hundred pounds apiece, nor can you enforce such an exorbitant condition through any court in the land. My principals would receive relief from any court of equity.”
“It is not my intention, Mr. Hahn, to trouble the courts with the matter at all. In fact, I refuse to accept cash from your principals. They have sold me the shares, and I insist on the delivery of those shares. I happen to be the only person in the world who owns the shares, and my price for each share is a hundred pounds. Your principals will be compelled to beg me to sell them the shares. As a matter of fact, I do not intend to place any such figure upon them. I merely used a hundred pounds as an illustration. Of course, if I put them at that price I would break your principals, and no court in the kingdom could save them. To be perfectly frank with you, for I do not possess the mental qualification necessary to cope with business men of genius such as I doubt not your principals are, I will now tell you what I intend to do. I shall put the price of shares at exactly what your people sold them to the public for, that is, one pound each. They cannot complain of my doing what they have done themselves, now can they? It is true that I bought these shares at two-and-six, but that also was not my fault. They, by throwing their shares on the market, knocked down the price to the figure I have named, and I bought the shares from the stockbrokers of your principals. If you say their action was not done to embarrass Mr. Mac-keller, then I at once accept your statement as true. For some other reason they battered down the price from one pound to half a crown. A few weeks ago they had sold fifty thousand of these shares for one pound each, and because of their unexplained smashing of the market, these good people lost a large portion of the money they had paid out. Now surely, surely, being a just and equitable man, your Mr. Schwartzbrod cannot refuse to drink the cup he has himself brewed. He could not show even the court of equity that I was doing a usurious thing in placing the stock back at the figure he himself originally settled, in following the illustrious example of Mr. Schwartzbrod himself. Now, I leave it to you, Mr. Hahn, as a fair and just man, whose indignant expostulation at my figure of a hundred pounds was most laudable, and entirely to your credit, are you not surprised at my moderation?”
“I should hardly go so far as to say that, my lord. This stock cost you thirty thousand pounds.”
“Oh, don’t underestimate, Mr. Hahn, it cost thirty-seven thousand five hundred pounds.”
“Even in that case you are asking my principals to pay double. In other words, you will have deprived them of their property, getting it not only for nothing, but with a bonus of thirty odd thousand pounds in cash. If that is not an act of piracy, as you said, what in the name of Heaven is?”
His lordship shrugged his shoulders, and spread forth his hands. His expression showed that he was grieved and disappointed.