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There were just two alternatives: The first was to allow the foreclosures to continue, credit to be withheld and money to go into hiding, and thus forcing liquidation and bankruptcy of banks, railroads and insurance companies and a recapitalizing of all business and all property on a lower level.
And though there are many impediments, for which I cannot altogether answer just at present, yet I think it very probable that this affair should end in something like the manner you desire. I accordingly expect, Mr. Henley, you will have the kindness to stop proceedings relative to the foreclosures.
There were no foreclosures of mortgages, no protested notes, no bills payable, no debts of honour, in Typee; no unreasonable tailors and shoemakers, perversely bent on being paid; no duns of any description; no assault and battery attorneys, to foment discord, backing their clients up to a quarrel, and then knocking their heads together; no poor relations everlastingly occupying the spare bed-chamber, and diminishing the elbow-room at the family table; no destitute widows with their children starving on the cold charities of the world; no beggars; no debtor’s prisons; no proud and hard-hearted nabobs in Typee; or, to sum up all in one word—no Money!
Whereof a there's an end of that. Whereby your onnurable onnur wus a menshinnin the mortgages; and of a seem of every think a treeved and settled, afore your onnur do die. But as thinks do be likely to turn out, why every man for himself, and God for us all. There be foreclosures mayhap, that a be to be thoft of. For why? There a be wheels within wheels.
And ast for a threatening about foreclosures, why what have I to say to a gentleman, if a will not redeem his mortgages when the time be? The law must look to it, to be sure. Always a savin and exceptin your onnurable onnur, still say I. So that it be altogether compus mentus that quarrels and rupturs are none of my seekin. Whereby your onnurable onnur will look to that.
These are joys that swell and enlarge even his narrow heart, into something that endeavours to mimic urbanity. Whenever Sir Arthur mentions Lord Fitz-Allen, or the family consent, honest Aby in a moment conjures up Wenbourne-Hill, a hermitage, and a wilderness; and for the first day, if he found that dose not strong enough to produce its effect, foreclosures were added to the mixture.
The lawyers might a then be stoptt, and a spoke might a behappen to be put in the wheel of the foreclosures; witch if not, as your noble onnur already knows, may not a turn out to be altogether quite so agreeable, unless your ever gracious and onnurable onnur should be so all mercifool as to rite to me; whereof I could then give them the whys and the wherefores, and all thinks would be smooth and smilin.
Certainly the world has changed a good deal since I was a young man, and I do not think it has changed much for the better. But you will want your luncheon; it is hungry work talking about foreclosures." Mr. Quest had not used this unpleasant word, but the Squire had seen his drift. "Come into the next room," and he led the way to the drawing-room, where Ida was sitting reading the /Times/.
Upon vacant farms false debts were levied; fake administrators took charge of lands whose owners had died during the conflict; other property was hastily forced under sale for taxes. That the proceedings should appear legal, the foreclosures were by due process of law.
There were no foreclosures of mortgages, no protested notes, no bills payable, no debts of honour in Typee; no unreasonable tailors and shoemakers perversely bent on being paid; no duns of any description and battery attorneys, to foment discord, backing their clients up to a quarrel, and then knocking their heads together; no poor relations, everlastingly occupying the spare bed-chamber, and diminishing the elbow room at the family table; no destitute widows with their children starving on the cold charities of the world; no beggars; no debtors' prisons; no proud and hard-hearted nabobs in Typee; or to sum up all in one word no Money!