I stood near the door, leaning against the wall, watching events unfold. Duer’s mouth tightened into a little bloodless line. For a moment I thought he might weep like a child.
During these confusions, Mr. Isser, the first agent I’d detained and a man apparently well versed in the art of untying knots, came rushing into the hotel. He found Duer at once and began explaining something to him. I imagine he gave a somewhat jumbled version of events-an improbable tale of assault and detainment, of mistaken identity and capture and escape. They talked for only a moment, and then Whippo began to look about the room. I don’t know what he looked for, but it was not long before his eyes found mine and locked on with an intense but unreadable expression. His lips trembled as though he stifled a laugh. Something passed between us that I did not understand. He looked as though he understood what I had done and approved of it.
It was gone in an instant. He turned away, and I was left to ponder the strange and wonderful events. Duer had been thwarted, and the threat against the Bank of the United States averted. Having saved Cynthia Pearson, and perhaps the republic, I was content to depart.
Ethan Saunders
I considered it a successful day and returned to Fraunces Tavern, where I found Lavien in the taproom sipping a cup of tea and writing a letter on a piece of foolscap. His hand was slow and deliberate, his letters neat and precise. He almost did not need to blot.
He set down the quill and looked at me. “I asked you not to interfere with the Million Bank launch.”
I sat at his table. “I recollect something about that.” I called for a bottle of wine. “Don’t obstruct government business,” I said to Lavien. “Something on that order, yes?”
“You disobeyed the orders of the Treasury Department.”
“Well, yes,” I said, “but I don’t work for the Treasury Department. Your suggestions are taken into account but do not direct my actions, any more than mine direct yours. I have no obligation to anyone or anything except honor, love, and vengeance, and I have attempted to fulfill those three as best I can.”
My wine arrived, along with two glasses. I set one out for him and expected him to push it away. Instead, he poured for both of us.
“I suppose that’s so,” he said. “I don’t know what chaos you’ve brought down on us, but it was nicely done.” He raised his glass to me.
“Why, thank you very much.”
“I believe you’ve now learned where Pearson was during the time of his absence, and your actions today suggest you know what he was up to.”
“He was here in New York,” I said. “You knew that as well. As to what, he was engaged in business for Duer that had to be kept secret because of his horrible debts in Philadelphia. He was shorting six percents and driving up the price of four percents so Duer’s other agents, his real agents, could buy cheap, and he was making arrangements to invest in the Million Bank. The money invested in the six percents is gone, but I spared Cynthia the final ruin of Pearson’s sinking his remaining funds into the Million Bank.”
“There can be no doubt you saved her from ruin. Even if the Million Bank succeeds, its shares are already devalued. It oversubscribed today, in no small part thanks to your rumormongering. It oversubscribed by a factor of ten, so shares have been diminished by a factor of ten. The Million Bank will have to do well or else every investor will be a loser.”
“Then perhaps Duer will thank me too.”
“He will not. He did not need the shares he owned to possess their value but to control the Million Bank itself. He cared nothing for trading those shares and turning a profit on them, he wanted the wealth of the Million Bank as a whole. If anything, the devaluing would have aided him in buying up shares from disappointed investors, but to do that he would have already had to possess a significant portion, which, thanks to you, he doesn’t.” Lavien sipped his wine. “It must be difficult for you, though. You said your obligations were to honor, love, and vengeance. You have certainly fulfilled two of those today. You have demonstrated your honor and your love for Mrs. Pearson in defending what is left of her fortune, but what of vengeance? To protect her, you must save him.”
I could not tell if he was chastising me, teasing me, or encouraging me to act. “Pearson’s time will come, I have no doubt.”
Lavien grinned, and I felt a coldness wash over me. “Nor do I.” After a moment he said, “Leonidas came to see me. He wished to take his leave.”
I took a drink. “It was a bit of a debacle-not so well handled as I might have liked.”
Lavien’s face softened, and for a moment he seemed to be just a man, full of kindness and concern. “I’m sorry you’ve lost him. I understand his anger, but I think it is out of proportion to your crime. You did him wrong in not telling him sooner that you had behaved justly, but you did behave justly. He ought to have seen that. In the end, he will.”
“Thank you. Kind of you to say.”
He looked at my glass of wine and smiled. “In balance, I’d say the reform is going well. I must be sure to tell my wife what a wonderful effect she’s had upon you.”
To that there could be no response.
“Well, I suppose we should make arrangements to return to Philadelphia,” he continued. “Our work here is done. We’ll ride back together, leaving early this morning by express, your expenses paid for by Treasury. In the meantime, we have work to do.”
Had he then risen, I believe I would have risen with him-or at least begun to do so before I recollected myself. Yet, he did not command me, and he never had. I was not so tired from lack of sleep, not so addled with wine, that I failed to recollect that I was my own man. “I know we are not precisely opposed, but I do not work for you or for Treasury. I have my own business to attend, and that begins with Pearson.”
“If you’d like,” he said, “I can slit his throat before we leave.”
His words were so calm and easy, I believe he would have done it had I given him the word. And how easy it would have been. Perhaps that was why I reacted so strongly. I did not want him to offer again. “I am not going to murder him.”
He leaned forward. “Then what are you going to do, jeer at him? Point and laugh? There are things in motion, and you are not on the margins, Saunders. This is no longer a case of hoping to find out what some minor British functionary is up to, so that six months into the future some tiny bit of intelligence you’ve gathered can be placed together with a hundred other tiny bits in order to reach a conclusion that can be acted upon six months later.”
“Do you dare to insult the work I did?”
“Never,” he answered. “But it was a long war, and events unfolded on a large scale. Now we have not the luxury of time. You are in the thick of it, whether you like it or not, and waiting to see who Pearson contacts in two weeks is not an option. He must be dealt with now.”
“Why is it your concern? Duer is struck down by my hand. The threat against the bank is finished.”
He shook his head. “We don’t know what the real threat was, but I can assure you it was not Duer’s effort to take over the Million Bank. At best, that was but a portion. The threat is still real, and we cannot lose a day in our pursuit of it.”
“I do not work for you,” I said, “and I do not work for Hamilton.”
“Yes, you do,” he said. “Hamilton does not know it yet, but you do, and when all this is over, he will see what you’ve done and you will have what you’ve wanted-not only reform but redemption. When I first met you, I thought you were nothing but a useless drunk.”