no creditor appears before the courts to obtain a decree of insolvency against the merchant, what happens?”
“W-w-what h-h-happens?”
“Why, the family of the deceased, his representatives, his heirs, or the merchant himself, if he is not dead, or his friends if he is only hiding, liquidate his business. Perhaps you would like to liquidate your brother’s affairs?”
“Ah! Grandet,” said the notary, “that would be the right thing to do. There is honor down here in the provinces. If you save your name—for it is your name—you will be a man—”
“A noble man!” cried the president, interrupting his uncle.
“Certainly,” answered the old man, “my b-b-brother’s name was G-G-Grandet, like m-m-mine. Th-that’s c-c-certain; I d-d-don’t d-d-deny it. And th-th-this l-l-liquidation might be, in m-m-many ways, v-v-very advan-t-t-tageous t-t-to the interests of m-m-my n-n-nephew, whom I l-l-love. But I must consider. I don’t k-k-know the t-t-tricks of P-P-Paris. I b-b-belong to Sau-m-mur, d-d-don’t you see? M-m-my vines, my d-d-drains—in short, I’ve my own b-b-business. I never g-g-give n-n-notes. What are n-n-notes? I t-t-take a good m-m-many, but I have never s-s-signed one. I d-d-don’t understand such things. I have h-h-heard say that n-n-notes c-c-can be b-b-bought up.”
“Of course,” said the president. “Notes can be bought in the market, less so much per cent. Don’t you understand?”
Grandet made an ear-trumpet of his hand, and the president repeated his words.
“Well, then,” replied the man, “there’s s-s-something to be g-g-got out of it? I k-know n-nothing at my age about such th-th-things. I l-l-live here and l-l-look after the v-v-vines. The vines g-g-grow, and it’s the w-w-wine that p-p-pays. L-l-look after the v-v-vintage, t-t-that’s my r-r-rule. My c-c-chief interests are at Froidfond. I c-c-can’t l-l-leave my h-h-house to m-m-muddle myself with a d-d-devilish b-b-business I kn-know n-n-nothing about. You say I ought to l-l-liquidate my b-b-brother’s af-f-fairs, to p-p-prevent the f-f-failure. I c-c-can’t be in two p-p-places at once, unless I were a little b-b-bird, and—”
“I understand,” cried the notary. “Well, my old friend, you have friends, old friends, capable of devoting themselves to your interests.”
“All right!” thought Grandet, “make haste and come to the point!”
“Suppose one of them went to Paris and saw your brother Guillaume’s chief creditor and said to him—”
“One m-m-moment,” interrupted the goodman, “said wh-wh-what? Something l-l-like this. Monsieur Gr-Grandet of Saumur this, Monsieur Grandet of Saumur that. He l-loves his b-b-brother, he loves his n-nephew. Grandet is a g-g-good uncle; he m-m-means well. He has sold his v-v-vintage. D-d-don’t declare a f-f-failure; c-c-call a meeting; l-l-liquidate; and then Gr-Gr-Grandet will see what he c-c-can do. B-b-better liquidate than l-let the l-l-law st-st-stick its n-n-nose in. Hein? isn’t it so?”
“Exactly so,” said the president.
“B-because, don’t you see, Monsieur de B-Bonfons, a man must l-l-look b-b-before he l-leaps. If you c-c-can’t, you c-c-can’t. M-m-must know all about the m-m-matter, all the resources and the debts, if you d-d-don’t want to be r-r-ruined. Hein? isn’t it so?”
“Certainly,” said the president. “I’m of opinion that in a few months the debts might be bought up for a certain sum, and then paid in full by an agreement. Ha! ha! you can coax a dog a long way if you show him a bit of lard. If there has been no declaration of failure, and you hold a lien on the debts, you come out of the business as white as the driven snow.”
“Sn-n-now,” said Grandet, putting his hand to his ear, “wh-wh-what about s-now?”
“But,” cried the president, “do pray attend to what I am saying.”
“I am at-t-tending.”
“A note is merchandise,—an article of barter which rises and falls in prices. That is a deduction from Jeremy Bentham’s theory about usury. That writer has proved that the prejudice which condemned usurers to reprobation was mere folly.”
“Whew!” ejaculated the goodman.
“Allowing that money, according to Bentham, is an article of merchandise, and that whatever represents money is equally merchandise,” resumed the president; “allowing also that it is notorious that the commercial note, bearing this or that signature, is liable to the fluctuation of all commercial values, rises or falls in the market, is dear at one moment, and is worth nothing at another, the courts decide—ah! how stupid I am, I beg your pardon—I am inclined to think you could buy up your brother’s debts for twenty-five per cent.”
“D-d-did you c-c-call him Je-Je-Jeremy B-Ben?”
“Bentham, an Englishman.’
“That’s a Jeremy who might save us a lot of lamentations in business,” said the notary, laughing.
“Those Englishmen s-sometimes t-t-talk sense,” said Grandet. “So, ac-c-cording to Ben-Bentham, if my b-b-brother’s n-notes are worth n-n-nothing; if Je-Je—I’m c-c-correct, am I not? That seems c-c-clear to my m-m-mind—the c-c-creditors would be—No, would not be; I understand.”
“Let me explain it all,” said the president. “Legally, if you acquire a title to all the debts of the Maison Grandet, your brother or his heirs will owe nothing to any one. Very good.”
“Very g-good,” repeated Grandet.
“In equity, if your brother’s notes are negotiated—negotiated, do you clearly understand the term?—negotiated in the market at a reduction of so much per cent in value, and if one of your friends happening to be present should buy them in, the creditors having sold them of their own free-will without constraint, the estate of the late Grandet is honorably released.”
“That’s t-true; b-b-business is b-business,” said the cooper. “B-b-but, st-still, you know, it is d-d-difficult. I h-have n-no m-m-money and n-no t-t-time.”
“Yes, but you need not undertake it. I am quite ready to go to Paris (you may pay my expenses, they will only be a trifle). I will see the creditors and talk with them and get an extension of time, and everything can be arranged if you will add something to the assets so as to buy up all title to the debts.”
“We-we’ll see about th-that. I c-c-can’t and I w-w-won’t bind myself without—He who c-c-can’t, can’t; don’t you see?”
“That’s very true.”
“I’m all p-p-put ab-b-bout by what you’ve t-t-told me. This is the f-first t-t-time in my life I have b-been obliged to th-th-think—”
“Yes, you are not a lawyer.”
“I’m only a p-p-poor wine-g-grower, and know n-nothing about wh-what you have just t-told me; I m-m-must th-think about it.”
“Very good,” said the president, preparing to resume his argument.
“Nephew!” said the notary, interrupting him in a warning tone.
“Well, what, uncle?” answered the president.
“Let Monsieur Grandet explain his own intentions. The matter in question is of the first importance. Our good friend ought to define his meaning clearly, and—”
A loud knock, which announced the arrival of the des Grassins family, succeeded by their entrance and salutations, hindered Cruchot from concluding his sentence. The notary was glad of the interruption, for Grandet was beginning to look suspiciously at him, and the wen gave signs of a brewing storm. In the first place, the notary did not think it becoming in a president of the Civil courts to go to Paris and manipulate creditors and lend himself to an underhand job which clashed with the laws of strict integrity; moreover, never having known old Grandet to express the slightest desire to pay