Rise and Fall of Cesar Birotteau [86]
she said, returning, "here is Monsieur Lebas, who wants to speak to you."
"Monsieur Lebas!" cried Cesar, frightened, as though his disaster had made him a criminal,--"a judge!"
"My dear Monsieur Birotteau, I take too great an interest in you," said the stout draper, entering the room, "we have known each other too long,--for we were both elected judges at the same time,--not to tell you that a man named Bidault, called Gigonnet, a usurer, has notes of yours turned over to his order, and marked 'not guaranteed,' by the house of Claparon. Those words are not only an affront, but they are the death of your credit."
"Monsieur Claparon wishes to speak to you," said Celestin, entering; "may I tell him to come up?"
"Now we shall learn the meaning of this insult," said Lebas.
"Monsieur," said Cesar to Claparon, as he entered, "this is Monsieur Lebas, a judge of the commercial courts, and my friend--"
"Ah! monsieur is Monsieur Lebas?" interrupted Claparon. "Delighted with the opportunity, Monsieur Lebas of the commercial courts; there are so many Lebas, you know, of one kind or another--"
"He has seen," said Birotteau, cutting the gabbler short, "the notes which I gave you, and which I understood from you would not be put into circulation. He has seen them bearing the words 'not guaranteed.'"
"Well," said Claparon, "they are not in general circulation; they are in the hands of a man with whom I do a great deal of business,--Pere Bidault. That is why I affixed the words 'not guaranteed.' If the notes were intended for circulation you would have made them payable to his order. Monsieur Lebas will understand my position. What do these notes represent? The price of landed property. Paid by whom? By Birotteau. Why should I guarantee Birotteau by my signature? We are to pay, each on his own account, our half of the price of the said land. Now, it is enough to be jointly and separately liable to the sellers. I hold inflexibly to one commercial rule: I never give my guarantee uselessly, any more than I give my receipt for moneys not yet paid. He who signs, pays. I don't wish to be liable to pay three times."
"Three times!" said Cesar.
"Yes, monsieur," said Claparon, "I have already guaranteed Birotteau to the sellers, why should I guarantee him again to the bankers? The circumstances in which we are placed are very hard. Roguin has carried off a hundred thousand francs of mine; therefore, my half of the property costs me five hundred thousand francs instead of four hundred thousand. Roguin has also carried off two hundred and forty thousand francs of Birotteau's. What would you do in my place, Monsieur Lebas? Stand in my skin for a moment and view the case. Give me your attention. Say that we are engaged in a transaction on equal shares; you provide the money for your share, I give bills for mine; I offer them to you, and you undertake, purely out of kindness, to convert them into money. You learn that I, Claparon,--banker, rich, respected (I accept all the virtues under the sun),--that the virtuous Claparon is on the verge of failure, with six million of liabilities to meet: would you, at such a moment, give your signature to guarantee mine? Of course not; you would be mad to do it. Well, Monsieur Lebas, Birotteau is in the position which I have supposed for Claparon. Don't you see that if I endorse for him I am liable not only for my own share of the purchase, but I shall also be compelled to reimburse to the full amount of Birotteau's paper, and without--"
"To whom?" asked Birotteau, interrupting him.
"--without gaining his half of the property?" said Claparon, paying no attention to the interruption. "For I should have no rights in it; I should have to buy it over again; consequently, I repeat, I should have to pay for it three times."
"Reimburse whom?" persisted Birotteau.
"Why, the holder of the notes, if I were to endorse, and you were to fail."
"I shall not fail, monsieur," said Birotteau.
"Very good," said Claparon. "But you have been a judge, and you are a clever merchant; you know
"Monsieur Lebas!" cried Cesar, frightened, as though his disaster had made him a criminal,--"a judge!"
"My dear Monsieur Birotteau, I take too great an interest in you," said the stout draper, entering the room, "we have known each other too long,--for we were both elected judges at the same time,--not to tell you that a man named Bidault, called Gigonnet, a usurer, has notes of yours turned over to his order, and marked 'not guaranteed,' by the house of Claparon. Those words are not only an affront, but they are the death of your credit."
"Monsieur Claparon wishes to speak to you," said Celestin, entering; "may I tell him to come up?"
"Now we shall learn the meaning of this insult," said Lebas.
"Monsieur," said Cesar to Claparon, as he entered, "this is Monsieur Lebas, a judge of the commercial courts, and my friend--"
"Ah! monsieur is Monsieur Lebas?" interrupted Claparon. "Delighted with the opportunity, Monsieur Lebas of the commercial courts; there are so many Lebas, you know, of one kind or another--"
"He has seen," said Birotteau, cutting the gabbler short, "the notes which I gave you, and which I understood from you would not be put into circulation. He has seen them bearing the words 'not guaranteed.'"
"Well," said Claparon, "they are not in general circulation; they are in the hands of a man with whom I do a great deal of business,--Pere Bidault. That is why I affixed the words 'not guaranteed.' If the notes were intended for circulation you would have made them payable to his order. Monsieur Lebas will understand my position. What do these notes represent? The price of landed property. Paid by whom? By Birotteau. Why should I guarantee Birotteau by my signature? We are to pay, each on his own account, our half of the price of the said land. Now, it is enough to be jointly and separately liable to the sellers. I hold inflexibly to one commercial rule: I never give my guarantee uselessly, any more than I give my receipt for moneys not yet paid. He who signs, pays. I don't wish to be liable to pay three times."
"Three times!" said Cesar.
"Yes, monsieur," said Claparon, "I have already guaranteed Birotteau to the sellers, why should I guarantee him again to the bankers? The circumstances in which we are placed are very hard. Roguin has carried off a hundred thousand francs of mine; therefore, my half of the property costs me five hundred thousand francs instead of four hundred thousand. Roguin has also carried off two hundred and forty thousand francs of Birotteau's. What would you do in my place, Monsieur Lebas? Stand in my skin for a moment and view the case. Give me your attention. Say that we are engaged in a transaction on equal shares; you provide the money for your share, I give bills for mine; I offer them to you, and you undertake, purely out of kindness, to convert them into money. You learn that I, Claparon,--banker, rich, respected (I accept all the virtues under the sun),--that the virtuous Claparon is on the verge of failure, with six million of liabilities to meet: would you, at such a moment, give your signature to guarantee mine? Of course not; you would be mad to do it. Well, Monsieur Lebas, Birotteau is in the position which I have supposed for Claparon. Don't you see that if I endorse for him I am liable not only for my own share of the purchase, but I shall also be compelled to reimburse to the full amount of Birotteau's paper, and without--"
"To whom?" asked Birotteau, interrupting him.
"--without gaining his half of the property?" said Claparon, paying no attention to the interruption. "For I should have no rights in it; I should have to buy it over again; consequently, I repeat, I should have to pay for it three times."
"Reimburse whom?" persisted Birotteau.
"Why, the holder of the notes, if I were to endorse, and you were to fail."
"I shall not fail, monsieur," said Birotteau.
"Very good," said Claparon. "But you have been a judge, and you are a clever merchant; you know