As I sit here writing about all these things, jerking down notes and throwing them aside in my attempt to give some literary form to the tale of our promotions, the marvel of it all comes to me as if it came for the first time the supreme unreason of it. At the climax of his Boom, my uncle at the most sparing estimate must have possessed in substance and credit about two million pounds'-worth of property to set off against his vague colossal liabilities, and from first to last he must have had a controlling influence in the direction of nearly thirty millions.
This irrational muddle of a community in which we live gave him that, paid him at that rate for sitting in a room and scheming and telling it lies. For he created nothing, he invented nothing, he economised nothing. I cannot claim that a single one of the great businesses we organised added any real value to human life at all. Several like Tono-Bungay were unmitigated frauds by any honest standard, the giving of nothing coated in advertisements for money. And the things the Hardingham gave out, I repeat, were nothing to the things that came in. I think of the long procession of people who sat down before us and propounded this and that. Now it was a device for selling bread under a fancy name and so escaping the laws as to weight--this was afterwards floated as the Decorticated Health-Bread Company and bumped against the law--now it was a new scheme for still more strident advertisement, now it was a story of unsuspected deposits of minerals, now a cheap and nasty substitute for this or that common necessity, now the treachery of a too well-informed employee, anxious to become our partner. It was all put to us tentatively, persuasively. Sometimes one had a large pink blusterous person trying to carry us off our feet by his pseudo-boyish frankness, now some dyspeptically yellow whisperer, now some earnest, specially dressed youth with an eye-glass and a buttonhole, now some homely-speaking, shrewd Manchester man or some Scotchman eager to be very clear and full.
Many came in couples or trios, often in tow of an explanatory solicitor. Some were white and earnest, some flustered beyond measure at their opportunity. Some of them begged and prayed to be taken up. My uncle chose what he wanted and left the rest.
He became very autocratic to these applicants.
He felt he could make them, and they felt so too. He had but to say "No!" and they faded out of existence.... He had become a sort of vortex to which wealth flowed of its own accord. His possessions increased by heaps; his shares, his leaseholds and mortgages and debentures.
Behind his first-line things he found it necessary at last, and sanctioned by all the precincts, to set up three general trading companies, the London and African Investment Company, the British Traders' Loan Company, and Business Organisations Limited. This was in the culminating time when I had least to do with affairs.
I don't say that with any desire to exculpate myself; I admit I was a director of all three, and I will confess I was willfully incurious in that capacity. Each of these companies ended its financial year solvent by selling great holdings of shares to one or other of its sisters, and paying a dividend out of the proceeds. I sat at the table and agreed. That was our method of equilibrium at the iridescent climax of the bubble.
You perceive now, however, the nature of the services for which this fantastic community have him unmanageable wealth and power and real respect. It was all a monstrous payment for courageous fiction, a gratuity in return for the one reality of human life--illusion. We gave them a feeling of hope and profit; we sent a tidal wave of water and confidence into their stranded affairs. "We mint Faith, George," said my uncle one day.
"That's what we do. And by Jove we got to keep minting! We been making human confidence ever since I drove the first cork of Tono-Bungay."
"Coining" would have been a better word than minting! And yet, you know, in a sense he was right. Civilisation is possible only through confidence, so that we can bank our money and go unarmed about the streets. The bank reserve or a policeman keeping order in a jostling multitude of people, are only slightly less impudent bluffs than my uncle's prospectuses. They couldn't for a moment "make good" if the quarter of what they guarantee was demanded of them. The whole of this modern mercantile investing civilisation is indeed such stuff as dreams are made of. A mass of people swelters and toils, great railway systems grow, cities arise to the skies and spread wide and far, mines are opened, factories hum, foundries roar, ships plough the seas, countries are settled; about this busy striving world the rich owners go, controlling all, enjoying all, confident and creating the confidence that draws us all together into a reluctant, nearly unconscious brotherhood. I wonder and plan my engines.
The flags flutter, the crowds cheer, the legislatures meet. Yet it seems to me indeed at times that all this present commercial civilisation is no more than my poor uncle's career writ large, a swelling, thinning bubble of assurances; that its arithmetic is just as unsound, its dividends as ill-advised, its ultimate aim as vague and forgotten; that it all drifts on perhaps to some tremendous parallel to his individual disaster...
