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By Root 2749 0

there was a possibility that he might be left holding a great deal of rubber which he was unable to deliver to the buyers. But a businessman must sometimes take a risk, particularly if he hopes to make profits on a grand scale. So what is all the fuss about? Walter will get rid of his rubber sooner or later, particularly now that America is in the war. If instead of making his grand profit the risk causes his plans to go astray, it will not be the end of the world for Blackett and Webb, merely a nuisance and a dead weight that must be carried for a while. Well, the aspect of the matter on which Walter had begun to brood (not that it was easy to brood on anything in the hectic atmosphere of that Monday morning, and with the sudden vulnerability of Blackett and Webb’s Shanghai and Hong Kong interests demanding instant attention) was this: although certainly a considerable risk was embodied in those rubber-crammed godowns, there was no chance of making a grand profit, nor had there ever been. Blackett and Webb, being British-registered, were subject to the one hundred per cent excess profits tax introduced in the summer of 1940. The most that could be made on Walter’s risky initiative was ‘a standard profit’. He had known this all along but had ignored it, dazzled by the prospect of an old-fashioned coup to celebrate his jubilee year. This was the first time in years that he had committed an error of judgement of this magnitude. It was clear that the prospective reward should have been on the same scale as the risk.

‘Well, it may still turn out all right,’ Walter told himself with an effort and, shrugging off this depressing line of thought, turned to the more urgent matters awaiting his attention.

‘We have good reason to be proud of the RAF. In aircraft and efficiency it is second to none in the world!’

These words, echoing beneath the high ceiling of an upstairs room in the Singapore Cricket Club were sucked into the blur of the fan revolving above and scattered on the breeze to every corner. Half a dozen members of the Citizens’ Committee for Civil Defence, of which the Major was founder, chairman, secretary, treasurer and most active participant, stirred and murmured: ‘Hear! hear!’ These members, and others not present, had been summoned to attend an emergency meeting of the Committee. Of the other members, three were absent without explanation (either they had not been successfully contacted, or were ill, or were dead … death being a not uncommon reason for non-attendance, given the great age of most of the Committee members), three more were temporarily away in Malacca and Kuala Lumpur, another had not come on principle because he was having a feud with the Major: he was indignant at having been urged on a previous occasion to abbreviate his harangues to the Committee. There remained two other members whom the Major officially considered to be present although, in fact, they had been lost in the bar downstairs where they were performing the useful function of toasting the American entry into the war.

The Major, slumped in his chair at the head of the long table, did not join in the approval of the RAF; indeed, his eyebrows gathered into a gloomy frown. Although as loyal to the Forces as the next man, he had come to dread these patriotic remarks. He had found that even on a good day they badly clogged the proceedings of the Committee. On a bad day the wheels would not move at all. Besides, the Major reflected that he was surely not the only person in Singapore to wonder why the RAF had not managed to shoot down or drive off the Japanese bombers last night.

‘The attempts to set fire to London from the air persistently carried out in the raids from 1915 to 1917 resulted in failure,’ declared the speaker, an octogenarian planter called Mr Bridges, in a quavering voice. ‘Why?’ He lifted his bespectacled eyes from the paper he held and glared round the table at his colleagues: this, however, was a mistake because he then had to find his place again, which took some time. The Major stirred restlessly and looked at his watch.