Финансист

Chapter I

           HewassurethatAndrewJacksonwasallwronginhisoppositiontoNicholasBiddleandtheUnitedStatesBank,oneofthegreatissuesoftheday;andhewasworried,ashemightwellbe,bytheperfectstormofwildcatmoneywhichwasfloatingaboutandwhichwasconstantlycomingtohisbank—discounted,ofcourse,andhandedoutagaintoanxiousborrowersataprofit.HisbankwastheThirdNationalofPhiladelphia,locatedinthatcenterofallPhiladelphiaandindeed,atthattime,ofpracticallyallnationalfinance—ThirdStreet—anditsownersconductedabrokeragebusinessasasideline.TherewasaperfectplagueofStatebanks,greatandsmall,inthosedays,issuingnotespracticallywithoutregulationuponinsecureandunknownassetsandfailingandsuspendingwithastonishingrapidity;andaknowledgeofallthesewasanimportantrequirementofMr.Cowperwood’sposition.Asaresult,hehadbecomethesoulofcaution.Unfortunately,forhim,helackedinagreatmeasurethetwothingsthatarenecessaryfordistinctioninanyfield—magnetismandvision.Hewasnotdestinedtobeagreatfinancier,thoughhewasmarkedouttobeamoderatelysuccessfulone.

           Mrs.Cowperwoodwasofareligioustemperament—asmallwoman,withlight-brownhairandclear,browneyes,whohadbeenveryattractiveinherday,buthadbecomeratherprimandmatter-of-factandinclinedtotakeveryseriouslythematernalcareofherthreesonsandonedaughter.

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