In business the foreigner will fall into the hands of the Danish storekeepers, who certainly have more than a “theoretical knowledge of the value of money;” and he will be fortunate if he escape unscathed. One of these gentry, attempting to extort 500 francs from the Capitaine Le Timbre for throwing a seine, without taking a fish, into an unpreserved part of his river, failed, as he deserved. The bad example has to a certain extent infected the Iceland trader. Messrs Henderson & Anderson were ruined by their agent. An English storekeeper came out in 1872, with the object of recovering certain debts from the present owner of the “Glasgow House.” He had spent some years on the island, he knew Danish well, and he was accustomed to treat with the people; yet he wholly failed, and the worst part of his failure was, that no Procurator (lawyer) would undertake the foreigner’s case against a brother islander.[256] But if these two were disappointed, Messrs Ritchie and Messrs Hogarth have been successful. And many of our countrymen who land in Iceland for trade should certainly not throw stones at the islanders. One of these clerks, a decidedly “sharp” young man, not to use the comparative form of the adjective, attempted to make himself richer and the author poorer by £25, on the pretext that he had bought ponies, for which the hirer should be responsible.

The storekeepers at Reykjavik are called merchants (kaupmaðr = chapman), and their establishments, which lack signs and names, are the conspicuous buildings fronting the sea. Mostly, they are paid employés of Copenhagen firms, who receive fixed salaries. The following is a list, beginning from the west:

1. Hr Egill Egilsson (Icelander), of the Glasgow House, and agent of the “Jón Sigurðsson” steamer.

2. Hr Fischer, a Dane, married to an Icelandic wife, settled at Copenhagen, and occasionally visiting the island. He occupies the corner tenement to the right of the Bridge House; and he has large stores fronting his shop.

3. Hr Havstein (Dane), who has not long been established; his private dwelling is attached to his store at the west end of Harbour Street, but he usually lives at Copenhagen. This house charters two or three ships a year to carry its goods.

4. Hr Hannes Jónsson, an Icelander, son of the former Bishop Steingrimur Jónsson. His stock is furnished by Hr Jonsen of Copenhagen, who has also establishments at Hafnafjörð, Papós, and Seyðisfjörð.

5. Hr Robb, the son of an English merchant, who settled at and was naturalised in Iceland.[1] He speaks German, but not a word of English. It is the smallest of all the establishments, and seems to do business only in lollipops.

6. Hr P. C. Knutzen, a Dane, whose agent is Hr Sivertsen. He trades on his own account, without a company; and, being young and wealthy, he prefers Copenhagen to Reykjavik. At Hafnafjörð he has another establishment, and an agent (Hr Zimsen).

7. Hr Möller. The Club is held at his house.

8. Hr Schmidt (Danish), who hires a house at Reykjavik, and passes the winter at Copenhagen. He is Consul for Holland.