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These two houses were once occupied by an institution called the Calcutta Club, and were connected with each other by a plank bridge. The members of the club were merchants, brokers, public service men and sundry.
The bill brokers lend most of their money, and deposit the remnant either with the Bank of England or some London banker. That London banker lends what he chooses of it, the rest he leaves at the Bank of England. You always come back to the Bank of England at last. But those who keep immense sums with a banker gain a convenience at the expense of a danger.
There was hardly any Customs record at the first, and only a very partial one for a while after, until the diggers ceased thus to carry off the gold, upon finding that the rival brokers gave them fair and full value. The yield of 1852 was estimated at no less than fifteen millions.
In Pegu there are eight brokers licenced by the king, named tareghe, who are bound to sell all the merchandise which comes there at the current prices; and if the merchants are willing to sell their goods at these rates they sell them out of hand, the brokers having two per centum for their trouble, and for which they are bound to make good all debts incurred for the goods sold by them, and often the merchant does not know to whom his goods are sold.
These are known as diamond brokers, and of course are patronized only by the upper classes, both respectable and disreputable. 'The tricks in trade, practiced in connection with gems and precious stones, are almost infinite in variety, and the shifts of individuals, who are as extravagant personally as they are needy pecuniarily, to obtain them, are really wonderful in ingenuity and impudence.
And he never carried a dollar of insurance then, and he never has since. I have seen the brightest brokers in Boston go into his office and come out in anywhere from three to twenty minutes; and not one of them ever got anything at all for his pains. Better give it up, my boy; you'll save yourself more or less trouble, and the result will be the same." The young man laughed.
"I thought I knew sign language, but those curb brokers have got me beat. I can sit down with an Indian and by signs and sand-pictures I can generally make him savvy what I want, but those fellers back there could buy and sell me while I was asking the price of a horse. I was down there on Broad street and a man in the crowd jumped up and let out a yell.
I was vexed at this; but the chief of the brokers said to me, 'O my lord, I will tell thee how thou mayst make a profit of thy goods. Thou shouldst do as the other merchants do and sell thy goods on credit, for a fixed period, on a contract drawn up by a scrivener, and duly witnessed, and employ a money-changer and take thy money every Monday and Thursday.
It would be wiser to let a little more cotton leak into Germany through Switzerland than to agitate the question of contraband at this delicate moment. The cotton brokers, the grain merchants, and a few others were making money out of Italy's neutrality, and neutralista sentiment was naturally strong among these classes and their satellites.
There were artists with shapely heads and bright red beards, and here and there the white poll of an old man, sentimental friends of the elder Ruys; then there were connoisseurs, men of the world, bankers, brokers, and some young swells who came rather to see the fair sculptress than her sculpture, so that they would have the right to say that evening at the club: "I was at Felicia's to-day."
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