The Mastery of Success. Thorstein Veblen

The Mastery of Success - Thorstein Veblen


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piety, and pure and high reputation.

      All at once, a kind of chattering shout smote him fair in the left ear:

      “Narfnarfnarf! Three shall I have? Narfnarfnarfnarfnarf! Going at two and a half! Gone!!”

      And the grave divine, pausing, beheld a doorway, over which waved a little red flag. Within, a company of eager bidders thronged around an auctioneer’s stand; and the auctioneer himself, a well-dressed man with a highly respectable look, was just handing over to the delighted purchaser a gold watch.

      “It would be cheap at one hundred dollars,” said he, in a despondent tone. “It’s mere robbery to sell it for that price. I’d buy it myself if ‘twas legal.”

      And while the others, with exclamations of surprise and congratulation, crowded to see this famous purchase, and the buyer exhibited it with a joyful countenance close by the door, the divine, just out of curiosity, stepped in. He owned no watch; he was a country clergyman, and poor in this world’s goods; so poor that, to use a familiar phrase, “if steamboats were selling at a dime a piece, he would hardly be able to buy a gang-plank.” But what if he could, by good luck, buy a good gold watch for two dollars and a half in this wonderful city!

      Somehow, that watch was snapped open and closed again right under his ministerial nose about six times. The auctioneer held up another of exactly the same kind, and began to chatter again.

      “Now gentlemen, what ‘moffered f’this first-class M. I. Tobias gold English lever watch—full jeweled, compensation-balance, anchor-escapement, hunting case? One, did I hear? Say two cents, wont yer? Two and a half! narfnarfnarfnarfnarf and a half! Two and a half, and three quarters. Thank you, Sir,” to a sailor-like man in the corner.

      “Three,” said a tall and well-dressed young gentleman with short hair, near the clergyman, adding, in an undertone, “I can sell it for fifty this afternoon.”

      “Three I am offered,” says Mr. Auctioneer, and chattered on as before: “And a half, did you say, Sir? Thank you, Sir. And a halfnarfnarf!”

      The reverend divine had said, “And a half.” The Peter Funks had got him! But he didn’t find it out quite yet. The bidding was run up to four dollars; the clergyman took the watch, opened and examined it; was convinced, handed it back, ventured another half, and the watch was knocked down to him. The auctioneer fumbled in some papers, and, in a moment, handed him his bargain neatly done up.

      “This way to the clerk’s office if you please, Sir,” he added, with a civil bow. The clergyman passed a little further in; and while the sales proceeded behind him, the clerk made out a bill and proffered it.

      “Fifty-four dollars and a half!” read the country divine, astounded. “Four and a half is what I bid!”

      “Four and a half!” exclaimed the clerk, with sarcastic indignation; “Four dollars and a half! A pretty story! A minister to have the face to say he could buy an M. I. Tobias gold watch, full jeweled, for four dollars and a half! Ill thank you for the money, Sir. Fifty-four, fifty, if you please.”

      The auctioneer, as if interrupted by the loud tones of the indignant clerk, stopped the sale to see what was the matter. On hearing the statement of the two parties, he cast a glance of angry contempt upon the poor clergyman, who, by this time, was uneasy enough at their scowling faces. Then, as if relenting, he said half-sneeringly:

      “I don’t think you look very well in this business, Sir. But you are evidently a clergyman, and we wish everybody to have fair treatment in this office. We won’t be imposed upon, Sir, by any man!” (Here his face darkened, and his fists could be seen to clench with much meaning.) “Pay that money, Sir! This establishment is not to be humbugged. But you needn’t be afraid of losing anything. You may let me take the watch and sell it for you again on the spot. Very likely you can get more for it. You can’t lose. The clergyman hesitated. The tall and well-dressed young man with short hair pushed up and said:

      “Don’t want it? Put her up again. G—! I’d like another chance myself!”

      A heavily-built fellow with one eye, observed over the auctioneer’s shoulder, with an evil look at the divine, “D—d if I don’t believe that cuss is a gambler, come in here to fool us country-folks. They allus wears white neckcloths. I say, search him and boot him out of the shop!”

      “Hold your tongue!” answered the auctioneer, with dignity. “I will see you safe, Sir,” to the clergyman. “But you bid that money, and you must pay it. We can’t do this business on any other principles.”

      “You will sell it for me again at once?” asked the poor minister.

      “Certainly,” said the mollified auctioneer. And the humbugged divine, with an indistinct sense of something wrong, but not able to tell what, took out forty dollars from his lean wallet and handed it to the clerk.

      “It’s all I have to get home with,” he said, simply.

      “Never fear, old gentleman,” said the clerk, affably; “You’ll be all right in two minutes.”

      The watch was put up again. The clergyman, scarce able to believe his ears, heard it rapidly run up to sixty dollars and knocked down at that price. The cash was handed to the clerk, and another bill made out; ten per cent., deducted, commission on sales. “Usual terms, Sir,” observed the clerk, handing over the notes just received for the watch. And the divine, very thankful to get off for half a dollar, hurried off as fast as he could.

      I need not say that his fifty-four dollars was all counterfeit money. When he went next morning, after endeavoring in vain to part with his new funds, to find the place where he had been humbugged, it was close shut, and he could hardly identify even the doorway. He went to the police, and the shrewd captain told him that it was a difficult business; but sent an officer with him to look up the rascals. Officer found one; demanded redress; clergyman did the same. Rascal asked clergyman’s name; got it; told him he could prosecute if he liked. Clergyman looked at officer; officer, with indifference, observed:

      “Means to stick your name in the papers.”

      Clergyman said he would take further advice; did take it; thought he wouldn’t be shown up as a “greeny” in the police reports; borrowed money enough to get home with, and if he has a gold watch now—which I really hope he has—got it either for its real value, or as a “testimonial.”

      There, that (with many variations) is the whole story of Peter Funk. These “mock auctioneers,” sometimes, as in the case I have mentioned, take advantage of the respectability of their victims, sometimes of their haste to leave the city on business. When they could not possibly avoid it, they disgorged their prey. No instance is known to me of any legal penalty being inflicted on them by a magistrate; but they were always, until 1862, treated by police, by magistrate, and by mayor, just as thieves would be who should always be let off on returning their stealings; so that they could not lose by thieving, and might gain.

      These rascally mock-auctioneers, thus protected by the authorities, used to fleece the public out of not less than sixty thousand dollars a year. One of them cleared twelve thousand dollars during the year 1861 alone. And this totally shameless and brazen-faced humbug flourished in New York for twenty-five years!

      About the first day of June, 1862, the Peter Funks had eleven dens, or traps, in operation in New York; five in Broadway below Fulton street, and the others in Park row, and Courtlandt, Greenwich, and Chatham streets.

      The name, Peter Funk, is said to have been that of the founder of their system; but I know nothing more of his career. At this date, in 1862, the system was in a high state of organization and success, and included the following constituents:

      1. Eight chief Funks, or capitalists, and managers, whose names are well enough known. I have them on record.

      2. About as many more salesmen, who took turns with the chiefs in selling and clerking.

      3. Seventy or eighty, rank and file, or ropers-in. These acted the part of buyers, like the purchaser whose delight over his watch helped to deceive


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