But by a curious contradiction, just as his property began to rise in value, and his investment looked promising, Sternhold grew melancholy and walked about more wretched than ever. The truth soon leaked out--he had no money to complete his half-finished streets and blocks of houses.
Nothing could induce him to borrow; not a halfpenny would he take from any man.
There the streets and houses, the theatres, club-houses, magnificent mansions, huge hotels, languished, half-finished, some a story, some two stories high, exposed to wind and weather. In the midst of a great city there was all this desolation, as if an enemy had wreaked his vengeance on this quarter only.
Large as were the sums derived from his other properties--houses and shops and land, which were occupied--it was all eaten up in the attempt to finish this _marble_ Rome in the middle of a brick Babylon. Heavy amounts too had to be disbursed to keep the railway going, for it did not pay a fraction of dividend yet. Men of business pressed on Sternhold. "Let us complete the place," they said. "Sell it to us on building leases; no one man can do the whole. Then we will form three or four companies or syndicates, lease it of you, complete the buildings, and after seventy years the whole will revert to you or your heirs."
Still Sternhold hesitated. At last he did lease a street or two in this way to a company, who went to work like mad, paid the masons and bricklayers double wages, kept them at it day and night, and speedily were paying twenty per cent, dividends on their shares out of the rents of the completed buildings. This caused a rush. Company after company was formed. They gave Sternhold heavy premiums for the privilege to buy of him; even then it was difficult to get him to grant the leases. When he did accept the terms and the ready cash, every halfpenny of it went to complete streets on his own account; and so he lived, as it were, from hand to mouth.
After all this excitement and rush, after some thousands of workmen were put at it, they did not seem to make much impression upon the huge desolation of brick and mortar. Streets and squares rose up, and still there were acres upon acres of wilderness, foundations half-dug out and full of dirty water, walls three feet high, cellars extending heaven only knew where.
People came for miles to see it, and called it "Baskette"s Folly."
After a while, however, they carefully avoided it, and called it something worse--i.e. "The Rookery;" for all the sc.u.m and ruffianism of an exceptionally sc.u.mmy and ruffianly residuum chose it as their stronghold. Thieves and worse--ill-conditioned women--crowds of lads, gipsies, pedlars--the catalogue would be as long as Homer"s--took up their residence in these foundations and cellars. They seized on the planks which were lying about in enormous piles, and roofed over the low walls; and where planks would not do they got canvas.
Now, it is well-known that this cla.s.s of people do not do much harm when they are scattered about and separated here, there, and everywhere over a city; but as soon as they are concentrated in one spot, then it becomes serious. Gangs are formed, they increase in boldness; the police are defied, and not a house is safe.
This place became a crying evil. The papers raved about it, the police (there were police now) complained and reported it to head-quarters.
There was a universal clamour. By this time Stirmingham had got a corporation, aldermen, and mayor, who met in a gorgeous Guildhall, and were all sharp men of business. Now the corporation began to move in this matter of "Baskette"s Folly." Outside people gave them the credit of being good citizens, animated by patriotic motives, anxious for the honour of their town, and desirous of repressing crime. Keen thinkers knew better--the Corporation was not above a good stroke of business.
However, what they did was this: After a great deal of talk and palaver, and pa.s.sing resolutions, and consulting attorneys, and goodness knows what, one morning a deputation waited upon Sternhold Baskette, Esq, at his hotel (he always lived at an hotel), and laid before him a handsome proposition. It was to the effect that he should lease them the said "Folly," or incomplete embryo city, for a term of years, in consideration whereof they would pay down a certain sum, and contract to erect buildings according to plans and specifications agreed upon, the whole to revert in seventy years to Sternhold or his heirs.
Sternhold fought hard--he asked for extravagant terms, and had to be brought to reason by a threat of an appeal by the Corporation to Parliament for a private Act.
This sobered him, for he was never quite happy in his secret mind about his t.i.tle. Terms were agreed upon, the earnest money paid, and the masons began to work. Then suddenly there was an uproar. The companies or syndicates who had leased portions of the estate grew alarmed lest this enormous undertaking should, when finished, depreciate their property. They cast about for means of opposing it. It is said--but I cannot believe it--that they gave secret pay to the thieves and ruffians in the cellars to fight the masons and bricklayers, and drive them off.
At all events serious collisions occurred. But the Corporation was too strong. They telegraphed to London and got reinforcements, and carried the entrenchments by storm.
Then, so goes the discreditable rumour, the companies bribed the masons and bricklayers, who built so badly that every now and then houses fell in, and there was a fine loss! Finally they got up an agitation, cried down the Corporation for wasting public funds, and, what was far more serious, brought high legal authority to prove that _as a Corporation_ they had no power to pledge themselves to such terms as they had, or indeed to enter into such a contract without polling the whole city.
This alarmed the Corporation. There were secret meetings and long faces. But if one lawyer discovers a difficulty, another can always suggest a way round the corner. The Corporation went to Parliament, and got a private Act; but they did not go as a body. They went through Sternhold, who was persuaded; and indeed it looked plausible, that by so doing, and by getting the sanction of the House of Commons, he improved his own t.i.tle.
Then the Corporation smiled, and built away faster than ever. In the course of an almost incredibly short time the vast plans of Sternhold were completed by the various companies, by the Corporation, and by himself; for every penny he got as premium, every penny of ground-rent, every penny from his collieries, iron furnaces, and cut-nail factories, went in bricks and mortar. It was the most magnificent scheme, perhaps, ever started by a single man. The city was proud of it. Like Augustus, he had found it brick, and left it marble.
Yet, in reality, he was no richer. The largest owner, probably, of house property in the world, he could but just pay his way at his hotel.
Although he had a fine country house (which old Romy had purchased) in the suburbs, he never used it--it was let. He preferred a hotel as a single man because there was no trouble to look after servants, etc. He lived in the most economical manner--being obliged to, in fact.
Yet this very economy increased the popular belief in his riches. He was a miser. Give a man that name, let it once stick to him, and there is no limit to the fables that will be eagerly received as truth. Give a dog a bad name and hang him. Call a man a miser, and, if he is so inclined, he can roll in borrowed money, dine every day on presents of game and fish, and marry any one he chooses. I only wish I had the reputation.
No one listened to Sternhold"s constant reiteration of what was true-- that he was really poor. It was looked upon as the usual stock-in-trade language of a miser. His fame spread. Popular rumour magnified and magnified the tale till it became like a chapter from the Arabian Nights.
After all, there was some grain of truth in it. If he could have grasped all that was his, he would have surpa.s.sed all that was said about his riches.
At last the _Stirmingham, Daily News_ hit upon a good idea to out-distance its great rival the _Stirmingham Daily Post_. This idea was a "Life of Sternhold Baskette, the Miser of Stirmingham." After, the editor had considered a little, he struck out "miser," and wrote "capitalist"--it had a bigger sound.
The ma.n.u.script was carefully got up in secret by the able editor and two of his staff, who watched Sternhold like detectives, and noted all his peculiarities of physiognomy and manner. They knew--these able editors know everything--that the public are particularly curious how much salt and pepper their heroes use, what colour necktie they wear, and so on.
As the editor said, they wanted to make Sternhold the one grand central figure--perfect, complete in every detail. And they did it.
They traced his origin and pedigree--this last was not quite accurate, but near enough. They devoted 150 pages to a mere catalogue of his houses, his streets, his squares, club-houses, theatres, hotels, railways, collieries, ironworks, nail factories, estates, country mansions, etc. They wrote 200 pages of speculations as to the actual value of this enormous property; and modestly put the total figure at "something under twenty millions, and will be worth half as much again in ten years." They did not forget the building leases; when these fell in, said the memoir, he or his heirs would have an income of 750,000 pounds per annum.
They carefully chronicled the fact that the capitalist had never married, that he had no son or daughter, that he was growing old, or, at least, past middle age, and had never been known to recognise any one as his relation (having, in fact, shipped the whole family to America).
What a glorious thing this would be for some lucky fellow! They finished up with a photograph of Sternhold himself. This was difficult to obtain. He was a morose, retiring man--he had never, so far as was known, had his portrait taken. It was quite certain that no persuasion would induce him to sit for it. The able editor, however, was not to be done. On some pretext or other Sternhold was got to the office of the paper, and while he sat conversing with the editor, the photographer "took him" through a hole made for the purpose in the wooden part.i.tion between the editor"s and sub-editor"s room. As Sternhold was quite unconscious, the portrait was really a very good one. Suddenly the world was taken by storm with a "Life of Sternhold Baskette, the Capitalist of Stirmingham. His enormous riches, pedigree, etc, 500 pages, post octavo, ill.u.s.trated, price 7 shillings 6 pence."
The able editor did not confine himself to Stirmingham. Before the book was announced he made his London arrangements, also with the lessees of the railway bookstalls. At one and the same moment of time, one morning Stirmingham woke up to find itself placarded with huge yellow bills (the _News_ was Liberal then--it turned its coat later on--and boasted that John Bright had been to the office), boys ran about distributing handbills at every door, men stood at the street corners handing them to everybody who pa.s.sed.
Flaring posters were stuck up at every railway station in the kingdom; ditto in London. The dead walls and h.o.a.rdings were covered with yellow paper printed in letters a foot long. Three hundred agents, boys, girls, and men, walked all over the metropolis crying incessantly "Twenty Millions of Money," and handing bills and cards to every one.
The _Athenaeum, Sat.u.r.day Review, Spectator_, and _Times_; every paper, magazine, review; every large paper in the country had an advertis.e.m.e.nt.
The result was something extraordinary.
The name of Sternhold Baskette was on everybody"s lips. His "Twenty Millions of Money" echoed from mouth to mouth, from Land"s End to John o" Groats. It crossed the Channel, it crossed the Alps, it crossed the Atlantic and the Pacific. It was heard on the Peak of Teneriffe, and in the cities of India.
The New York firms seized on it as a mine of wealth. The book, reprinted, was sold from the Hudson River to the Rocky Mountains, and to the mouth of the Mississippi for twenty cents. The circulation was even larger in the United States than in Britain, for there everybody worshipped the dollar. The able editor made his fortune. The book ran through thirty editions, and wore out two printing machines and three sets of type. The two gentlemen of the staff who had a.s.sisted in the compilation had a fair share, and speedily put on airs. They claimed the authorship, though the idea had certainly originated with the editor. There was a quarrel. They left, being offered higher salaries in this way:--The other paper, the _Post_, though blue in principles, grew green with envy, and tried to disparage as much as possible. They offered these respectable gentlemen large incomes to cut the book to pieces that they themselves had written. No one could do it better--no one understood the weak points, and the humbug of the thing so well.
The fellows went to work with a will. The upshot was a little warfare between the Sternholders and the anti-Sternholders. The _News_ upheld Sternhold, stuck to everything it had stated, and added more. The _Post_ disparaged him in every possible way. This newspaper war had its results, as we shall presently see. For the present these two n.o.ble principled young men, who first wrote a book for pay and then engaged to chop it into mincemeat for pay, may be left to search and search into the Baskette by-gone history for fresh foul matter to pour forth on the hero of Stirmingham.
VOLUME ONE, CHAPTER FIVE.
"The Hero of Stirmingham;" so the _News_ dubbed him; so it became the fashion, either in ridicule or in earnest, to call him. People came from all parts to see him. Every one who, on business or pleasure, came to the city, tried to lodge at the hotel where he lived, or at least called there on the chance of meeting the mortal representative of Twenty Millions Sterling. The hotel proprietor, who had previously lost money by him, and execrated his economy, now reaped a golden harvest, and found his business so large that he set about building a monster place at one side of the original premises, for he was afraid to pull it down lest the capitalist should leave.
Now a curious psychological change was wrought by all this in old Sternhold"s character. Up till this period of his life he had been one of the most retiring and reserved of men, morose, self-absorbed, shrinking from observation. He now became devoured with an insatiable vanity. He could not shake off the habit of economy, the frugal manner of living, which, he had so long practised; but his mind underwent a complete revolution.
It has often been observed that when a man makes one particular subject his study, in course of time that which was once clear grows obscure, and instead of acquiring extraordinary insight, he loses all method, and wanders.
Something of the kind was the case with Sternhold. All his life had been devoted to the one great object of owning a city, of being the largest proprietor of houses and streets in the world. His whole thought, energy, strength, patience--his entire being--had been concentrated upon this end. In actual fact, it was not attained yet, for he was practically only the nominal owner; but the publication of this book acted in a singular manner upon his brain. He grew to believe that he really was all that the "Life" represented him to be--i.e. the most extraordinary man the world had ever seen.
He attempted no state, he set up no carriage; he stuck to his old confined apartments at the hotel he had always frequented; but he lived in an ideal life of sovereign grandeur. He talked as though he were a monarch--an absolute autocrat--as if all the inhabitants of Stirmingham were his subjects; and boasted that he could turn two hundred thousand people out of doors by a single word.
In plain language, he lost his head; in still plainer language, he went harmlessly mad--not so mad that any one even hinted at such a thing.
There was no lunacy in his appearance or daily life; but the great chords of the mind were undoubtedly at this period of his existence quite deranged.
He really was getting rich now. The houses he had himself completed, with the premiums paid for building leases, began to return a considerable profit. The income from his collieries and factories was so large, that even bricks and mortar could not altogether absorb it.
Perhaps he was in receipt of three thousand pounds per annum, or more.
But now, unfortunately, just as the fruits of his labour were fast ripening, this abominable book upset it all.
There can be no doubt that the editor of the _Stirmingham Daily News_, with the best intentions in the world, dealt his Hero two mortal wounds.
In the first place, he drove him mad. Sternhold spent days and nights studying how he could exceed what he had already done.
Dressed in a workman"s garb for disguise, he explored the whole neighbourhood of Stirmingham, seeking fresh land to purchase. His object was to get it cheap, for he knew that if there was the slightest suspicion that he was after it, a high price would be asked. In some instances he succeeded. One or two cases are known where he bought, with singular judgment and remarkable shrewdness, large tracts for very small sums. He paid only one-fifth on completion, leaving the remainder on mortgage. This enabled him to buy five times as much at once as would have otherwise been possible.
But there were sharp fellows in Stirmingham, who watched the capitalist like hawks, and soon spied out what was going on. Their game was to first discover in what direction Sternhold was buying in secret, then to forestall him, and nearly double the price when he arrived.
In this way Sternhold got rid of every shilling of his income. Even then he might have prospered; but, as bad luck would have it, the railway, after two millions of money had been sunk on it, actually began to pay dividends of three and a half per cent, then four, then six; for a clever fellow had got at the helm, and was forcing up the market so as to make hay while the sun shone.
Sternhold was in raptures with railways. Some sharp young men of forty-five and fifty immediately laid their heads together, and projected a second railway at almost right angles--not such a bad idea, but one likely to cause enormous outlay. They represented to Sternhold that this new line would treble the value of the property he had recently bought, extending for some miles beyond the city. He jumped at it. The Bill was got through Parliament. One half of these sharp young men were lawyers, the other half engineers and contractors.
Sternhold deposited the money, and they shared it between them. When the money was exhausted the railway languished. This exasperated old Baskette. For the first time in his life he borrowed money, and did it on a royal scale;--I am almost afraid to say how much, and certainly it seems odd how people could advance so much knowing his circ.u.mstances.
However, he got it. He bought up all the shares, and became practically owner of the new line. He completed it, and rode on the first locomotive in triumph, surrounded by his parasites. For alas! he had yielded to parasites at last, who flattered and fooled him to perfection. This was the state of affairs when the second mortal wound was given.
It happened in this way. The "Life of Sternhold Baskette, Esq," had, as was stated, got abroad, and penetrated even to the Rocky Mountains. It was quoted, and long extracts made from it in the cheap press--they had a cheap press in the United States thirty years before we had, which accounts for the larger proportion of educated or partly educated people, and the wider spread of intelligence. After a while, somehow or other, the marvellous story reached the ears of one or two persons who happened to sign their names Baskette, and they began to say to themselves, "What the deuce is this? We rather guess we come from Stirmingham or somewhere thereabouts. Now, why shouldn"t we share in this mine of wealth?"
The sharp Yankee intellect began to have "idees." Most of the cotters whom Sternhold had transhipped to America thirty years or more previous, were dead and buried--that is to say, the old people were.