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countless Forsytes, who, in the course of innumerable transactions concerned with property of all sorts (from wives to water rights), had occasion for the services of a safe man, found it both reposeful and profitable to confide in Soames. That slight superciliousness of his, combined with an air of mousing amongst precedents, was in his favour too⁠—a man would not be supercilious unless he knew!

He was really at the head of the business, for though James still came nearly every day to see for himself, he did little now but sit in his chair, twist his legs, slightly confuse things already decided, and presently go away again, and the other partner, Bustard, was a poor thing, who did a great deal of work, but whose opinion was never taken.

So Soames went steadily on with his defence. Yet it would be idle to say that his mind was at ease. He was suffering from a sense of impending trouble, that had haunted him for some time past. He tried to think it physical⁠—a condition of his liver⁠—but knew that it was not.

He looked at his watch. In a quarter of an hour he was due at the General Meeting of the New Colliery Company⁠—one of Uncle Jolyon’s concerns; he should see Uncle Jolyon there, and say something to him about Bosinney⁠—he had not made up his mind what, but something⁠—in any case he should not answer this letter until he had seen Uncle Jolyon. He got up and methodically put away the draft of his defence. Going into a dark little cupboard, he turned up the light, washed his hands with a piece of brown Windsor soap, and dried them on a roller towel. Then he brushed his hair, paying strict attention to the parting, turned down the light, took his hat, and saying he would be back at half-past two, stepped into the Poultry.

It was not far to the Offices of the New Colliery Company in Ironmonger Lane, where, and not at the Cannon Street Hotel, in accordance with the more ambitious practice of other companies, the General Meeting was always held. Old Jolyon had from the first set his face against the Press. What business⁠—he said⁠—had the Public with his concerns!

Soames arrived on the stroke of time, and took his seat alongside the Board, who, in a row, each Director behind his own ink-pot, faced their shareholders.

In the centre of this row old Jolyon, conspicuous in his black, tightly-buttoned frock-coat and his white moustaches, was leaning back with finger tips crossed on a copy of the Directors’ report and accounts.

On his right hand, always a little larger than life, sat the Secretary, “Down-by-the-Starn” Hemmings; an all-too-sad sadness beaming in his fine eyes; his iron-grey beard, in mourning like the rest of him, giving the feeling of an all-too-black tie behind it.

The occasion indeed was a melancholy one, only six weeks having elapsed since that telegram had come from Scorrier, the mining expert, on a private mission to the Mines, informing them that Pippin, their Superintendent, had committed suicide in endeavouring, after his extraordinary two years’ silence, to write a letter to his Board. That letter was on the table now; it would be read to the shareholders, who would of course be put into possession of all the facts.

Hemmings had often said to Soames, standing with his coattails divided before the fireplace:

“What our shareholders don’t know about our affairs isn’t worth knowing. You may take that from me, Mr. Soames.”

On one occasion, old Jolyon being present, Soames recollected a little unpleasantness. His uncle had looked up sharply and said: “Don’t talk nonsense, Hemmings! You mean that what they do know isn’t worth knowing!” Old Jolyon detested humbug.

Hemmings, angry-eyed, and wearing a smile like that of a trained poodle, had replied in an outburst of artificial applause: “Come, now, that’s good, sir⁠—that’s very good. Your uncle will have his joke!”

The next time he had seen Soames he had taken the opportunity of saying to him: “The chairman’s getting very old!⁠—I can’t get him to understand things; and he’s so wilful⁠—but what can you expect, with a chin like his?”

Soames had nodded.

Everyone knew that Uncle Jolyon’s chin was a caution. He was looking worried today, in spite of his General Meeting look; he (Soames) should certainly speak to him about Bosinney.

Beyond old Jolyon on the left was little Mr. Booker, and he, too, wore his General Meeting look, as though searching for some particularly tender shareholder. And next him was the deaf director, with a frown; and beyond the deaf director, again, was old Mr. Bleedham, very bland, and having an air of conscious virtue⁠—as well he might, knowing that the brown-paper parcel he always brought to the Boardroom was concealed behind his hat (one of that old-fashioned class, of flat-brimmed top-hats which go with very large bow ties, clean-shaven lips, fresh cheeks, and neat little white whiskers).

Soames always attended the General Meeting; it was considered better that he should do so, in case “anything should arise!” He glanced round with his close, supercilious air at the walls of the room, where hung plans of the mine and harbour, together with a large photograph of a shaft leading to a working which had proved quite remarkably unprofitable. This photograph⁠—a witness to the eternal irony underlying commercial enterprise⁠—still retained its position on the wall, an effigy of the directors’ pet, but dead, lamb.

And now old Jolyon rose, to present the report and accounts.

Veiling under a Jove-like serenity that perpetual antagonism deep-seated in the bosom of a director towards his shareholders, he faced them calmly. Soames faced them too. He knew most of them by sight. There was old Scrubsole, a tar man, who always came, as Hemmings would say, “to make himself nasty,” a cantankerous-looking old fellow with a red face, a jowl, and an enormous low-crowned hat reposing on his knee. And the Rev. Mr. Boms, who always proposed a vote of thanks to the chairman, in which he invariably expressed the hope that the

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