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第276章

jamesclavell.noblehouse-第276章

小说: jamesclavell.noblehouse 字数: 每页4000字

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 〃We are home; and it all es home to roost。 Eventually;〃 Sir Geoffrey said sadly。 〃Anyway; Ian made the correct decision; not to ride。〃 He glanced at Havergill and his gaze sharpened。 〃As I said; Paul; it's important to make correct decisions。 It would be a very poor show if the Ho…Pak's depositors were wiped out; perhaps just because of poor judgment by Richard Kwang and the lack of a benevolent decision by those who could avoid such a disaster if they wished … perhaps to great profit。 Eh?〃
 〃Yes sir。〃
 Sir Geoffrey nodded and left them。
 Dunross said; 〃What was that about?〃
 〃The governor thinks we should rescue the Ho…Pak;〃 Havergill said offhandedly。
 〃Why don't you?〃
 〃Let's talk about the General Stores takeover。〃
 〃First let's finish the Ho…Pak。 The governor's right; it would benefit all of us; Hong Kong … and the bank。〃
 〃You'd be in favor?〃
 〃Yes; of course。〃
 〃You'll approve; you and your block will approve making the takeover?〃
 〃I don't have a block but certainly I'll support a reasonable takeover。〃
 Paul Havergill smiled thinly。 〃I was thinking of 20 cents on the dollar on Richard's holdings。〃
 Dunross whistled。 〃That's not much。〃
 〃By Monday night he'll have zero。 He'll probably settle for that … his holdings would give the bank control。 We could easily stand surety for 100 percent of his depositors。〃
 〃He's got that amount of securities?〃
 〃No; but with the normalization of the market and our judicious management; over a year or two it's true the acquisition of the Ho…Pak could greatly benefit us。 Oh yes。 And there's a desperate need to restore confidence。 Such a takeover would help immeasurably。〃
 〃This afternoon would be a perfect announcement time。〃
 〃I agree。 Anything on Tiptop?〃
 Dunross studied him。 〃Why the sudden change around; Paul? And why discuss it with me?〃
 〃There's no change around。 I've considered the Ho…Pak very carefully。 The acquisition would be good bank policy。〃 Havergill watched him。 〃We'll give him face and offer him a seat on our board。〃
 〃So the rumors about the Big Bank are true?〃
 〃Not to my knowledge;〃 the banker said coldly。 〃As to why discuss it with you? Because you're a director of the bank; presently the most important one; with substantial influence on the board。 That's a sensible thing to do; isn't it?〃
 〃Yes; but。〃
 Havergill's eyes became colder。 〃The interests of the bank have nothing to do with my distaste for you; or your methods。 But you were right about Superfoods。 You made a good offer at a perfect time and sent a wave of confidence soaring through everyone here。 It's bound to spread over all Hong Kong。 It was brilliant timing and now if we follow it up and announce we've assumed all the Ho…Pak responsibilities to its depositors; that's another immense vote of confidence。 All we need to do is get back confidence。 If Tiptop es to our assistance with his cash; Monday is boom day for Hong Kong。 So first thing on Monday morning; Ian; we buy Struan's heavily。 By Monday evening we'll assume control。 However I'll make you a deal right now: we'll put up the 2 million for General Foods in return for half your bank stock。〃
 〃No thanks。〃
 〃We'll have it all by next weekend。 We'll guarantee that 2 million in any event to cover the takeover and guarantee the overall offer you made to Pug … if you fail to avoid your own takeover。〃
 〃I won't。〃
 〃Of course。 But you don't mind if I mention it to him and to that nosy little cretin Haply?〃
 〃You're a bastard; aren't you?〃
 Havergill's thin lips twisted with his smile。 〃This is business … I want your block of bank stock。 Your forebears bought it for nothing; practically stole it from the Brocks after smashing them。 I want to do the same。 And I want control of the Noble House。 Of course。 Like a great number of others。 Probably even your American friend Bartlett if the truth were known。 Where's the 2 million ing from?〃
 〃It's manna from heaven。〃
 〃We'll find out sooner or later。 We're your bankers and you owe us rather a lot of money! Will Tiptop bail us out?〃
 〃I can't be sure but I talked to him last night。 He was encouraging。 He agreed to e here after lunch but he hasn't arrived yet。 That's ominous。〃
 〃Yes。〃 Havergill brushed some drizzle off his nose。 〃We've had a very positive response from the Trade Bank of Moscow。〃
 〃Even you're not that fat…headed!〃
 〃It's a last resort; Ian。 A serious last resort。〃
 〃You'll call an immediate board meeting to discuss the Ho…Pak takeover?〃
 〃Good lord; no。〃 Havergill was sardonic。 〃You think I'm that much of a fool? If we did that you could table the other directors about an extension of your loan。 No; Ian; I propose to ask them individually; like you。 With your agreement I have a majority already; the others of course fall into line。 I do have your agreement?〃
 〃At 20 cents on the dollar and full payout of investors; yes。〃
 〃I might need leeway to go to 30 cents。 Agreed?〃
 〃Yes。〃
 〃Your word?〃
 〃Oh yes; you have my word。〃
 〃Thank you。〃
 〃But you'll call a board meeting before Monday's opening?〃
 〃I agreed to consider it。 Only。 I've considered it and the answer now is no。 Hong Kong's a freebooting society where the weak fail and the strong keep the fruits of their labors。〃 Havergill smiled and he glanced at the tote。 The odds had shortened。 2 to 1 on Butterscotch Lass; well known for liking the wet。 Pilot Fish now 3 to 1。 While they watched; Travkin's name flashed up alongside Noble Star and a huge roar acpanied it。 〃I think the governor was wrong; Ian。 You should have ridden。 Then I'd've put my modest bet on you。 Yes。 You'd have gone out in a blaze of glory。 Yes; you would have won。 I'm not sure about Travkin。 Good afternoon。〃 He raised his hat and headed for Richard Kwang who stood with his wife and trainer to one side。 〃Ah Richard! Can I have a word wi… 〃 He was drowned by a huge roar from the crowd as the first of the eight runners for the fifth race began to trickle out from under the stands。 Pilot Fish led the pack; the slight drizzle making his black coat shimmer。
 〃Yes; Paul?〃 Richard Kwang asked; following him into an empty space。 〃I wanted to talk to you but didn't want to interrupt you with the governor and the tai…pan。 Now;〃 he said with forced joviality; 〃I've a plan。 Let's lump all the Ho…Pak's securities together and if you'll lend me 50 mill… 〃
 〃No thank you; Richard;〃 Havergill said crisply。 〃But we do have a proposal that's good till five o'clock today。 We'll bail out the Ho…Pak and guarantee all your depositors。 In return we'll buy your personal holdings at par an… 〃
 〃Par? That's a fiftieth of their value!〃 Richard Kwang screeched。 〃That's a fiftieth of their worth … 〃
 〃Actually it's 5 cents on the dollar which is about all their value。 Is it a deal?〃
 〃No of course not。 Dew neh loh moh; am I a dogmeat madman?〃 Richard Kwang's heart was almost bursting。 A moment ago he had thought; impossibly; that Havergill was granting him a reprieve from the disaster that by now he was convinced was absolute; however much he pretended otherwise; however much it was not his fault but the work of rumormongers and malicious fools who had led him into inept banking deals。 But now he was in the vise。 Oh ko! Now he would be squeezed and whatever he did he could not escape the tai…pans。 Oh oh oh! Disaster on disaster and now that ungrateful strumpet Venus Poon making me lose face in front of Uncle Four Fingers; Charlie Wang and even Photographer Ng and that even after I delivered to her personally the new mink coat that she trails in the mud so carelessly。
 〃New?〃 she had flared this morning。 〃You claim this miserable secondhand coat is new?〃
 〃Of course!〃 he had shouted。 〃Do you think I am a monkey? Of course it's new。 It cost 50;000 cash oh ko!〃 The 50;000 was an exaggeration but the cash wasn't and they both were well aware that it would be uncivilized not to exaggerate。 The coat had cost him 14;000; through an intermediary; after much bargaining from a quai loh who had fallen on hard times and another 2;000 to the furrier who had overnight shortened and altered it enough to fit and not to be recognized; with a guarantee that the furrier would swear by all the gods that he had sold it under price at 

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