CHAPTER XVIII.

_Mr. Pagebrook Goes to Work._

When Robert arrived in Philadelphia his first care was to make inquiries with regard to the bank in which his money was deposited. He learned that it had suspended payment about one week before, and that its affairs were in the hands of an assignee. This was all he could find out on the afternoon of his arrival, and with this he was forced to content himself until the next day, when he succeeded with some little difficulty in securing an interview with the assignee. To him he said: "My only purpose is to ascertain the exact state of the bank's affairs, in order that I may know what to do."

"That I cannot tell you, sir. The books are still in confusion, and until they can be straightened out it is impossible to say what the result will be."

"Tell me, then, are the assets anything like equal to the liabilities?"

"That is exactly what the books must show. I can't say till we get a statement."

"You can at least tell me then," said Robert, provoked at the man's reticence, "whether there are any assets at all, or not."

"No, I can make no statement until the books are examined. Then a complete exhibit of affairs will be made."

"Pardon me," said Robert, "but this question is one of serious moment to me. You have been examining this bank's affairs for a week, I believe?"

"Yes, about a week."

"You must have some idea, then, whether or not there is likely to be anything at all left for depositors, and you will oblige me very much indeed by giving me your personal opinion on the subject. I understand how impossible it is to give exact figures; but you cannot have failed to discover by this time whether or not the assets amount to anything worth considering, as compared with the amount of the bank's liabilities. I would like the little information you can give me, however inexact it may be."

"My dear sir," said the assignee, "I'm afraid you don't understand these things. Our statement is not ready yet, and I can not possibly tell you what its nature will be until it is."

"When will it be ready, sir?" asked Robert.

"That I can not say as yet, but it will be forthcoming in due time, sir; in due time."

"Will it require a week, or a month, or two or three months? You can, at least, make an approximate estimate of the time necessary for its preparation."

"Well, no," said the man of business, "I should not like to make any promises; I am hard at work, and the statement will be ready in due time, sir; in due time."

Robert left the man's presence thoroughly disgusted. Thinking the matter over he concluded that the affairs of the bank must be in a very bad way. Otherwise, he argued, the man would not be so silent on the subject.

Now the assignee was perfectly right in saying that Robert did not understand these things. If he had understood them he would have known that the reticence from which he thus argued the worst, meant just nothing at all. Business men are not apt to commit themselves unnecessarily in any case, and especially in such a case as the one concerning which Robert had been inquiring. The bank might have been utterly bankrupt or entirely solvent, and that assignee would in either case have given precisely the same answers to our young friend's questions. He knew nothing with absolute certainty as yet, and could know nothing certainly until the last column of figures should be added up and the final balances struck. Then he could make a statement, but until then he would say nothing at all. He acted after his kind. Business is business; and, as a rule, business men know only one way of doing things.

Robert, however, was not a business man. He knew nothing about these things, and accordingly, making no allowance for a business habit as one of the factors in the problem, he proceeded to argue that if the affairs of the bank were in the least degree hopeful the man would have said so. As he had carefully and persistently avoided saying anything of the kind, Robert could only conclude that there was no hope at all to be entertained.

He quickly determined, therefore, to waste no more time. Abandoning his sixteen hundred dollars as utterly lost, he packed his valise and went at once to New York to find work of some kind. How he succeeded we shall best see from his letter to Cousin Sudie, from which I am allowed to quote a passage or two.

"I am very busy with some topical articles, as the newspaper folk call them. That is to say, I am visiting factories of various kinds and writing detailed accounts of their operations, coupling with the facts gathered thus, a gossipy account of the origin, history, etc., of the industry. I find the work very interesting, and it promises to be quite remunerative too. I fell into it by accident. About a year ago I spent an evening with a friend, Mr. Dudley, in New York, and while at his house his seven year old boy showed me some of his toys--little German contrivances; and I, knowing something about the toys and the people who make them--you know I made a summer trip through Europe once--fell to telling him about them. His father was as much interested as he, but the matter soon passed from my mind. When I came over here a week ago to look for something to do I visited the office of this paper, hoping that I should be allowed to do a little reporting or drudgery of some sort till something better should turn up. Who should I find in the editor's chair but my friend Dudley. I told him my errand, and his reply was:

"'I haven't a moment now, Pagebrook, but you're the very man I want; come up and see me this evening. We dine at half-past six, and over our roast-beef I can explain fully what I mean.'

"I went, as a matter of course, and at dinner Dudley said:

"'Our paper, Pagebrook, is meant to be a kind of American Penny Magazine. That is to say, we want to fill it full of _entertaining_ information, partly for the sake of the information but more for the sake of the entertainment. Now I have tried at least fifty people, in the hope of finding somebody who could tell, in writing, just such things as you told our Ben when you were here a year ago. I never dreamed of getting you to do it, but you're just the man, and about the only one, too, I begin to think. Now, if you've a mind to do it, I can keep you busy as long as you like. I don't mean to confine you to this particular kind of work, but I'd rather have articles of that sort than any others, and the publishers won't grumble if I pay you twenty dollars apiece for them. They mustn't exceed two of our columns--say two thousand words in all--but if you can't tell your story in any particular instance within those limits, you can make two articles out of it. I've already told your toy story, but you can easily hunt up plenty of other things to tell about. Common things are best--things people see every day but know nothing about.'

"I set to work the next day, and have been busy ever since. I like to visit factories and learn all the petty details of their operations, and I find that it is the petty details which go to make the description interesting. I like the work so well that I almost wish I had no professorship, so that I might follow as a business this kind of writing, and some other sorts in which I seem to succeed--for I do not confine myself to one class of articles, or to one paper either, for that matter, but am trying my hand at a variety of things, and I find the work very fascinating. But it is altogether better, I suppose, that I should retain my position in the college, even if I could be sure of always finding as good a market as I do just now for my wares, which is doubtful. I have lost the whole of my little reserve fund--as the bank seems hopelessly broken; and if I had nothing to depend upon except the problematic sale of articles, I would do you a wrong to ask you to let our wedding-day remain fixed. As it is, my salary from the college is more than sufficient for our support, and as my expenses from now until the time appointed will be very small indeed, I shall have several hundred dollars accumulated by that time; wherefore if Uncle Carter does not object, pray let our plans remain undisturbed, will you not, Sudie?"

The rest of this letter, which is a very long one, is not only personal in its character, but is also of a strictly private nature; and while I am free to copy here so much of this and other letters in my possession as will aid me in the telling of my story, I do not feel myself at liberty to let the reader into the sacred inner chambers of a correspondence with which we have properly no concern, except as it helps us to the understanding of this history.