war of rates set in, the old road suffered severely, and the young one was ruined. This was precisely what Craik had anticipated. So soon as the bankruptcy was declared and the liquidation terminated, he bought up every bond and share upon which he could lay his hands. Wood was ruined, together with a number of other heavy investors. The road, however, having ceased to pay interest on its debts continued to run at rates disastrous to its more honest competitor, and before long the latter was obliged in self-defence to buy up its rival. When that extremity was reached Thomas Craik was in possession of enough bonds and stock to give him a controlling interest, and he sold the ruined railway at his own price, realising a large fortune by the transaction. Wood was not only financially broken; his reputation, too, had suffered in the catastrophe. At first, people looked askance at him, believing that he had got a share of the profits, and that he was only pretending poverty until the scandal should blow over, though he had in reality sacrificed almost everything he possessed in the honourable liquidation of the bank’s affairs, and found himself, at the age of fifty-seven, in possession only of the small fortune that had been his wife’s, and of the small house which had escaped the general ruin, and in which he now lived. Thomas Craik had robbed him, as he had robbed many others, and Jonah Wood knew it, though there was no possibility of ever recovering a penny of his losses. His nerve was gone, and by the time people had discovered that he was the most honest of men, he was more than half forgotten by those he had known best. He had neither the energy nor the courage to begin life again, and although he had cleared his reputation of all blame, he knew that he had made the great mistake, and that no one would ever again trust to his judgment. It seemed easiest to live in the little house, to get what could be got out of life for himself and his son on an income of scarcely two thousand dollars, and to shut himself out from his former acquaintance.
And yet, though his own career had ended in such lamentable failure, he would gladly have seen George begin where he had begun. George would have succeeded in doing all those things which he himself had left undone, and he might have lived to see established on a firm basis the great fortune which for a few brief years had been his in a floating state. But George could not be brought to understand this point of view. His youthful recollections were connected with monetary disaster, and his first boyish antipathies had been conceived against everything that bore the name of business. What he felt for the career of the money-maker was more than antipathy; it amounted to a positive horror which he could not overcome. From time to time his father returned to the old story of his wrongs and misfortunes, going over the tale as he sat with George through the long winter evenings, and entering into every detail of the transaction which had ruined him. In justice to the young man it must be admitted that he was patient on those occasions, and listened with outward calm to the long technical explanations, the interminable concatenation of figures and the jarring cadence of phrases that all ended with the word dollars. But the talk was as painful to him as a violin played out of tune is to a musician, and it reacted upon his nerves and produced physical pain of an acute kind. He could set his features in an expression of respectful attention, but he could not help twisting his long smooth fingers together under the edge of the table, where his father could not see them. The very name of money disgusted him, and when the great failure had been talked of in the evening it haunted his dreams throughout the night and destroyed his rest, so that he awoke with a sense of nervousness and distress from which he could not escape until late in the following day.
Jonah Wood saw more of this peculiarity than his son suspected, though he failed to understand it. With him, nervousness took a different form, manifesting itself in an abnormal anxiety concerning George’s welfare, combined with an unfortunate disposition to find fault. Of late, indeed, he had not been able to accuse the young man of idleness, since he was evidently working to the utmost of his strength, though his occupations brought him but little return. It seemed a pity to Jonah Wood that so much good time and so much young energy should be wasted over pen, ink, paper, and books which left no record of a daily substantial gain. He, too, slept little, though his iron-grey face betrayed nothing of what passed in his mind.
He loved his son in his own untrusting way. It was his affection, combined with his inability to believe much good of what he loved, that undermined and embittered the few pleasures still left to him. He had never seen any hope except in money, and since George hated the very mention of lucre there could be no hope for him either. A good man, a scrupulously honest man according to his lights, he could only see goodness from one point of view and virtue represented in one dress. Goodness was obedience to parental authority, and virtue the imitation of parental ideas. George believed that obedience should play no part in determining what he should do with his talent, and that imitation, though it be the sincerest flattery, may lay the foundation for the most hopeless of all failures, the failure to do that for which a man is best adapted. George had not deliberately chosen a literary career because he felt himself fitted for it. He was in reality far too modest to look forward from the first to the ultimate satisfaction of his ambitions. His lonely life had driven him to writing as a means of expressing himself without incurring his father’s criticism and contradiction. Not understanding in the least the nature of imagination, he believed himself lacking in this respect, but he had at once found an immense satisfaction in writing down his opinions concerning certain new books that had fallen into his hands. Then, being emboldened by that belief in his own judgment which young men acquire very easily when they are not brought into daily contact with their intellectual equals, he had ventured to offer the latest of his attempts to one editor and then to another and another. At last he had found one who chanced to be in a human humour and who glanced at one of the papers.
“It is not worthless,” said the autocrat, “but it is quite useless. Everybody has done with the book months ago. Do you want to earn a little money by reviewing?”
George expressed his readiness to do so with alacrity. The editor scribbled half a dozen words on a slip of paper from a block and handed it to George, telling him where to take it. As a first result the young man carried away a couple of volumes of new-born trash upon which to try his hand. A quarter of what he wrote was published in the literary column of the newspaper. He had yet to learn the cynical practice of counting words, upon which so much depends in dealing with the daily press, but the idea of actually earning something, no matter how little, overcame his first feeling of disgust at the nature of the work. In time he acquired the necessary tricks and did very well. By sheer determination he devoted all his best hours of the day to the drudgery of second class criticism, and only allowed himself to write what was agreeable to his own brain when the day’s work was done.
The idea of producing a book did not suggest itself to him. In his own opinion he had none of the necessary gifts for original writing, while he fancied that he possessed those of the critic in a rather unusual degree. His highest ambition was to turn out a volume of essays on other people’s doings and writings, and he was constantly labouring in his leisure moments at long papers treating of celebrated works, in what he believed to be a spirit of profound analysis. As yet no one had bestowed the slightest attention upon his efforts; no serious article of his had found its way into the press, though a goodly number of his carefully copied manuscripts had issued from the offices of various periodicals in the form of waste paper. Strange to say, he was not discouraged by these failures. The satisfaction, so far as he had known any, had consisted in the writing down of his views; and though he wished it were possible to turn his ink-stained pages into money, his natural detestation of all business transactions whatsoever made him extremely philosophical in repeated failure. Even in regard to his daily drudgery, which was regularly paid, the least pleasant moment was the one when he had to begin his round from one newspaper cashier to another to receive the little cheques which made him independent of his father so far as his only luxuries of new books and tobacco were concerned. Pride, indeed, was now at the bottom of his resolution to continue in the uninteresting course that had been opened before him. Having once succeeded in buying for himself what he wanted or needed beyond his daily bread he would have been ashamed to ever go again for pocket-money to his father.
The nature of this occupation, which he would not relinquish, was beginning to produce its natural effect upon his character. He felt that he was better than his work, and the inevitable result ensued. He felt that he was hampered
