THE BONDING AUTHORITY
Wars result when one side either misjudges its chances or wishes to commit suicide; and not even Masada began as a suicide attempt. In general, both warring parties expect to win. In the event, they are wrong more than half the time.
Employing mercenaries adds new levels of uncertainty to the already risky business of war. Too often in history a mercenary force has disappeared a moment before the battle; switched sides for a well-timed bribe; or even conquered its employer and brought about the very disasters it was hired to prevent.
Mercenaries, for their part, face the chances common to every soldier of being killed by the enemy. In addition, however, they must reckon with the possibility of being bilked of their pay or massacred to avoid its payment; of being used as cannon fodder by an employer whose distaste for "money-grubbing aliens" may exceed the enemy's; or of being abandoned far from home when defeat or political change erases their employer or his good will. As Xenophon and the Ten Thousand learned, in such circumstances the road home may be long—or as short as a shallow grave.
A solution to both sets of special problems was made possible by the complexity of galactic commerce. The recorded beginnings came early in the twenty-seventh century when several planets caught up in the Confederation Wars used the Terran firm of Felchow und Sohn as an escrow agent for their mercenaries' pay. Felchow was a commercial banking house which had retained its preeminence even after Terran industry had been in some measure supplanted by that of newer worlds. Neither Felchow nor Terra herself had any personal stake in the chaotic rise and fall of the Barnard Confederation; thus the house was the perfect neutral to hold the pay of the condottieri being hired by all parties. Payment was scrupulously made to mercenaries who performed according to their contracts. This included the survivors of the Dalhousie debacle who were able to buy passage off that ravaged world, despite the fact that less than ten percent of the populace which had hired them was still alive. Conversely, the pay of Wrangel's Legion, which had refused to assault the Confederation drop zone on Montauk, was forfeited to the Montauk government. The Third Armistice intervened and Wrangel's troops were hunted across the face of the planet by both sides, too faithless to use and too dangerous to ignore.
Felchow und Sohn had performed to the satisfaction of all honest parties when first used as an intermediary. Over the next three decades the house was similarly involved in other conflicts, a passive escrow agent and paymaster. It was only after the Ariete Incident of 2662 that the concept coalesced into the one stable feature of a galaxy at war.
The Ariete, a division recruited mostly from among the militias of the Aldoni System, was hired by the rebels on Paley. Their pay was banked with Felchow, since the rebels very reasonably doubted that anyone would take on the well-trained troops of the Republic of Paley if they had already been handed the carrot. But the Ariete fought very well indeed, losing an estimated thirty percent of its effectives before surrendering in the final collapse of the rebellion. The combat losses have to be estimated because the Republican forces, in defiance of the "Laws of War" and their own promises before the surrender, butchered all their fifteen or so thousand mercenary prisoners.
Felchow und Sohn, seeing an excuse for an action which would raise it to incredible power, reduced Paley to Stone Age savagery.
An industrialized world (as Paley was) is an interlocking whole. Off-planet trade may amount to no more than five percent of its GDP; but when that trade is suddenly cut off, the remainder of the economy resembles a car lacking two pistons. It may make whirring sounds for a time, but it isn't going anywhere.
Huge as Felchow was, a single banking house could not have cut Paley off from the rest of the galaxy. When Felchow, however, offered other commercial banks membership in a cartel and a share of the lucrative escrow business, the others joined gladly and without exception. No one would underwrite cargoes to or from Paley; and Paley, already wracked by a war and its aftermath, shuddered down into the slag heap of history.
Lucrative was indeed a mild word for the mercenary business. The escrowed money itself could be put to work, and the escrowing bank was an obvious agent for the other commercial transactions needed to run a war. Mercenaries replaced equipment, recruited men, and shipped themselves by the thousands across the galaxy. The new banking cartel served those needs smoothly—and maximized its own profits.
With the banks' new power came a new organization. The expanded escrow operations were made the responsibility of a Bonding Authority, still based in Bremen but managed independently of the cartel itself. The Authority's fees were high. In return, its Contracts Department was expert in preventing expensive misunderstandings from arising, and its investigative staff could neither be bribed nor deluded by a violator. Under the Authority's ruthless nurture, the business of war became as regular as any other commercial endeavor, and more profitable than most.
HANGMAN
The light in the kitchen alcove glittered on Lieutenant Schilling's blond curls; glittered also on the frost-spangled window beside her and from the armor of the tank parked outside. All the highlights looked cold to Captain Danny Pritchard as he stepped closer to the infantry lieutenant.
"Sal—" Pritchard began. From the orderly room behind them came the babble of the radios ranked against one wall and, less muted, the laughter of soldiers waiting for action. "You can't think like a Dutchman anymore. We're Hammer's Slammers, all of us. We're mercs. Not Dutch, not Frisians—"
"You're not," Lieutenant Schilling snapped, looking up from the cup of bitter chocolate she had just drawn from the urn. She was a short woman and lightly built, but she had the unerring instinct of a bully who is willing to make a scene for a victim who is not willing to be part of one. "You're a farmer from Dunstan, what d'you care about Dutch miners, whatever these bleeding French do to them. But a lot of us do care, Danny, and if you had a little compassion—"
"But Sal—" Pritchard repeated, only his right arm moving as he touched the blond girl's shoulder.
"Get your hands off me, Captain!" she shouted. "That's over!" She shifted the mug of steaming chocolate in her hand. The voices in the orderly room stilled. Then, simultaneously, someone turned up the volume of the radio and at least three people began to talk loudly on unconnected subjects.
Pritchard studied the back of his hand, turned it over to examine the calloused palm as well. He smiled. "Sorry, I'll remember that," he said in a normal voice. He turned and stepped back into the orderly room, a brown-haired man of thirty-four with a good set of muscles to cover his moderate frame and nothing at all to cover his heart. Those who knew Danny Pritchard slightly thought him a relaxed man, and he looked relaxed even now. But waiting around the electric grate were three troopers who knew Danny very well indeed: the crew of the Plow, Pritchard's command tank.
Kowie drove the beast: a rabbit-eyed man whose fingers now flipped cards in another game of privy solitaire. His deck was so dirty that only familiarity allowed him to read the pips. Kowie's hands and eyes were just as quick at the controls of the tank, sliding its bulbous hundred and fifty metric tons through spaces that were only big enough to pass it. When he had to, he drove nervelessly through objects instead of going around. Kowie would never be more than a tank driver; but he was the best tank driver in the Regiment.
Rob Jenne was big and as blond as Lieutenant Schilling. He grinned up at Pritchard, his expression changing from embarrassment to relief as he saw that his captain was able to smile also. Jenne had transferred from combat cars to tanks three years back, after the Slammers had pulled out of Squire's World. He was sharp-eyed and calm in a crisis. Twice after his transfer Jenne had been offered a blower of his own to command if he would return to combat cars. He had refused both promotions, saying he would stay with tanks or buy back his contract, that there was no way he was going back to those open-topped coffins again. When a tank commander's slot came open, Jenne got it; and Pritchard had made the blond sergeant his own blower chief when a directional mine had retired the previous man. Now Jenne straddled a chair backwards, his hands flexing a collapsible torsion device that kept his muscles as dense and hard as they had been the day he was recruited from a quarry on Burlage.