but their shares of stock; also to workingmen whose families starved unless the weekly pay

envelopes were filled. It was a libel upon business administrators to suppose that they had no

sense of duties owed to other people, even though most of these people were strangers.

"Moreover," said Johannes, "when a man has spent his life learning to pursue a certain kind

of activity, it is no easy matter to persuade him to drop it at the height of his powers.

Difficulties, yes; but he has expected them, and takes them as a challenge, he enjoys coping

with them and showing that he can master them. To give up and run away from them is an

act of cowardice which would undermine his moral foundations; he would have no use for

himself thereafter, but would spend his time brooding, like an admiral who veered about and

deserted his fleet.

"My children have their own moral code," continued the money master, "and they have the

task of convincing me that it applies to my case. They wish to build a new and better world,

and I would be glad if they could succeed, and if I saw any hope of success I would join

them. I ask for their plans, and they offer me vague dreams, in which as a man of affairs I see

no practicality. It is like the end of Das Rheingold: there is Valhalla, very beautiful, but only a

rainbow bridge on which to get to it, and while the gods may be able to walk on a rainbow,

my investors and working people cannot. My children assure me that a firmer bridge will be

constructed, and when I ask for the names of the engineers, they offer me party leaders and

propagandists, speechmakers who cannot even agree among themselves; if it were not for

what they call the capitalist police they would fall to fighting among themselves and we

should have civil war instead of Utopia. How can my two boys expect me to agree with them

until they have at least managed to agree between themselves?"

Lanny was sad to have no answer to this question. He had already put it to his sister, and she

could say only that she and her husband were right, while Freddi and Rahel were wrong. No

use putting the question to the other pair, for their answer would be the same. Neither couple

was going to give way—any more than Lanny himself was going to give up his conviction that

it was the program of the Communists which had caused the development of Fascism and

Nazism—or at any rate had made possible its spread in Italy and Germany. Only in the

Scandinavian and Anglo-Saxon lands, where democratic institutions were firmly rooted, had

neither Reds nor anti-Reds been able to make headway.

II

So there wasn't any chance of persuading Johannes Robin to retire to a monastery or even to

a private yacht right now. He didn't pretend to know what was going to happen in Germany,

but he knew that these were stormy times and that he, the admiral, would stand by his

righting fleet. He would protect his properties and keep his factories running; and if, in order

to get contracts and concessions it was necessary to make a present to some powerful politician,

Johannes would bargain shrewdly and pay no more than he had to. That had been the way of

the world since governments had first been invented, and a Jewish trader, an exile barely

tolerated in a strange land, had to be satisfied with looking out for his own. His sons felt more

at home in Germany and dreamed of trying to change it; but for the child of the ghetto it was

enough that he obeyed the law. "Not very noble," he admitted, sadly; "but when the nobler

ones come to me for help, they get it."

The world was in a bad way and getting worse. Banks were failing all over the United

States, and unemployment increasing steadily. A presidential election was due in November,

and the political parties had held their conventions and made their nomina tions; the

Republicans had endorsed the Great Engineer and all that he had done, while the Democrats

nominated the Governor of New York, Franklin Roosevelt by name. Johannes asked if

Lanny knew anything about this man, and Lanny said no; but when the yacht picked up

some mail, there was Robbie's weekly letter, a cross between a business man's report and one

of the lamentations of Jeremiah. Robbie said that the Democratic candidate was a man wholly

without business experience, and moreover an invalid, his legs shriveled by infantile paralysis.

Surely these times called for one at least physically sound; the presidency was a mankilling job,

and this Roosevelt, if elected, couldn't survive it for a year. But he wasn't going to be elected,

for Robbie and his friends were pulling off their coats, to say nothing of opening their purses.

"I suppose Robbie will be asking you for a contribution!" chuckled the irreverent son, and

the other replied: "I have many interests in America." Lanny recalled the remark he had once

heard Zaharoff make: "I am a citizen of every country where I have investments."

III

They discussed conditions in Germany, living on borrowed capital and sliding deeper and

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