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oracle of all the lynxes that rule the Paris market; they will not



touch an investment until Palma has looked into it. He looks solemn,

he listens, ponders, and reflects; his interlocutor thinks that after



this consideration he has come round his man, till Palma says, 'This

will not do for me.'--The most extraordinary thing about Palma, to my



mind, is the fact that he and Werbrust were partners for ten years,

and there was never the shadow of a disagreement between them."



"That is the way with the very strong or the very weak; any two

between the extremes fall out and lose no time in making enemies of



each other," said Couture.

"Nucingen, you see, had neatly and skilfully put a little bombshell



under the colonnades of the Bourse, and towards four o'clock in the

afternoon it exploded.--'Here is something serious; have you heard the



news?' asked du Tillet, drawing Werbrust into a corner. 'Here is

Nucingen gone off to Brussels, and his wife petitioning for a



separation of her estate.'

" 'Are you and he in it together for a liquidation?' asked Werbrust,



smiling.

" 'No foolery, Werbrust,' said du Tillet. 'You know the holders of his



paper. Now, look here. There is business in it. Shares in this new

concern of ours have gone up twenty per cent already; they will go up



to five-and-twenty by the end of the quarter; you know why. They are

going to pay a splendid dividend.'



" 'Sly dog,' said Werbrust. 'Get along with you; you are a devil with

long and sharp claws, and you have them deep in the butter.'



" 'Just let me speak, or we shall not have time to operate. I hit on

the idea as soon as I heard the news. I positively saw Mme. de



Nucingen crying; she is afraid for her fortune.'

" 'Poor little thing!' said the old Alsacien Jew, with an ironical



expression. 'Well?' he added, as du Tillet was silent.

" 'Well. At my place I have a thousand shares of a thousand francs in



our concern; Nucingen handed them over to me to put on the market, do

you understand? Good. Now let us buy up a million of Nucingen's paper



at a discount of ten or twenty per cent, and we shall make a handsome

percentage out of it. We shall be debtors and creditors both;



confusion will be worked! But we must set about it carefully, or the

holders may imagine that we are operating in Nucingen's interests.'



"Then Werbrust understood. He squeezed du Tillet's hand with an

expression such as a woman's face wears when she is playing her



neighbor a trick.

"Martin Falleix came up.--'Well, have you heard the news?' he asked.



'Nucingen has stopped payment.'

" 'Pooh,' said Werbrust, 'pray don't noise it about; give those that



hold his paper a chance.'

" 'What is the cause of the smash; do you know?' put in Claparon.



" 'You know nothing about it,' said du Tillet. 'There isn't any smash.

Payment will be made in full. Nucingen will start again; I shall find



him all the money he wants. I know the causes of the suspension. He

has put all his capital into Mexican securities, and they are sending



him metal in return; old Spanish cannon cast in such an insane fashion

that they melted down gold and bell-metal and church plate for it, and



all the wreck of the Spanish dominion in the Indies. The specie is

slow in coming, and the dear Baron is hard up. That is all.'



" 'It is a fact,' said Werbrust; 'I am taking his paper myself at

twenty per cent discount.'



"The news spread swift as fire in a straw rick. The most contradictory

reports got about. But such confidence was felt in the firm after the



two previoussuspensions, that every one stuck to Nucingen's paper.

'Palma must lend us a hand,' said Werbrust.



"Now Palma was the Keller's oracle, and the Kellers were brimful of

Nucingen's paper. A hint from Palma would be enough. Werbrust arranged



with Palma, and he rang the alarm bell. There was a panic next day on

the Bourse. The Kellers, acting on Palma's advice, let go Nucingen's



paper at ten per cent of loss; they set the example on 'Change, for

they were supposed to know very well what they were about. Taillefer



followed up with three hundred thousand francs at a discount of twenty

per cent, and Martin Falleix with two hundred thousand at fifteen.



Gigonnet saw what was going on. He helped to spread the panic, with a

view to buying up Nucingen's paper himself and making a commission of



two or three per cent out of Werbrust.

"In a corner of the Bourse he came upon poor Matifat, who had three



hundred thousand francs in Nucingen's bank. Matifat, ghastly and

haggard, beheld the terrible Gigonnet, the bill-discounter of his old






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