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PAPER MONEY by Ken Follett

“So people tell me. It’s just that I prefer to spend the hours between

Six P M. and midnight making fifty thousand dollars than watching

actors–pretend to kill each other on television.”

Peters laughed. “The most imaginative brain in the city turns out to

have no imagination.”

“I don’t follow that.”

“You don’t read novels or go to the cinema, either, do you?”

“No.”

“You see? You’ve got a blind spot–you can’t empathize with fiction.

It’s true of many of the most enterprising businessmen. The incapacity

seems to go with heightened acumen, like a blind man’s hypersensitive

hearing.”

Laski frowned. Being analyzed put him at a disadvantage. “Maybe,” he

said.

Peters seemed to sense his discomfort. “I’m fascinated by the careers of

great entrepreneurs,” he said.

“So am I,” Laski said. “I’m all in favor of pinching other people’s

brainwaves.”

“What was your first coup, Felix?”

Laski relaxed. This was more familiar territory.

“I suppose it was Woolwich Chemicals,” he said.

“That was a small pharmaceuticals manufacturer.

After the war they set up a small chain of High Street chemists’ shops,

with the object of guaranteeing their markets. The trouble was, they

knew all about chemistry and nothing about retailing, and the shops ate

up most of the profits made by the factory.

“I was working for a stockbroker at the time, and I’d made a little

money playing the market. I went to my boss and offered him a half-share

in the profits if he would finance the deal. We bought the company, and

immediately sold the factory to ICI for almost as much as we paid for

the shares.

Then we closed the shops and sold them one by one-they were all in prime

sites.”

“I’ll never understand this sort of thing,” Peters said. “If the factory

and the shops were worth so much, why were the shares cheap?”?”

“Because the enterprise was losing money. They hadn’t paid a dividend

for years. The management didn’t have the guts to cash in their chips,

so to speak. We did. Everything in business is courage.” He started to

eat his sandwich.

“It’s fascinating,” Peters said. He looked at his watch. “I must go.”

“&g day?” Laski said lightly.

“Today’s one of the days–and that always means headaches.”

“Did you solve that problem?”

“Which?”

“Routes.” Laski lowered his voice a fraction.

“Your security people wanted you to send the convoy a different way each

time.”

“No.” Peters was embarrassed: it had been indiscreet of him to tell

Laski about that dilemma.

“There is really only one sensible way to get there.

However …” He stood up.

Laski smiled and kept his voice casual. “So today’s big shipment goes by

the old direct route.” Peters put a finger to his lips. “Security,” he

said.

“Sure.”

Peters picked up his raincoat. “Goodbye.”

“I’ll see you tomorrow,” Laski said, smiling broadly.

ARTHUR COLE climbed the steps from the station, his breath rattling

unhealthily in his chest. A gust of warm air came up from the bowels of

the Underground, wrapped itself snugly around him, and blew away. He

shivered slightly as he emerged into the street.

The sunshine took him by surprise–it had hardly been dawn when he

boarded the train. The air was chilled and sweet. Later it would become

poisonous enough to knock out a policeman on point duty. Cole remembered

the first time that had happened: the story had been an Evening Post

exclusive.

He walked slowly until his breathing eased.

Twenty-five years in newspapers have ruined my health, he thought. In

truth, any industry would have done the same, for he was prone to worry

and to drink, and his chest was weak; but it comforted him to blame his

profession.

Anyway, he had given up smoking. He had been a nonsmoker for–he looked

at his watch-one hundred and twenty-eight minutes, unless he counted the

night, in which case it was eight hours. He had already passed several

moments of risk: immediately after the alarm clock went off at

four-thirty (he usually smoked one on the we); driving away from his

house, at the moment when he got into top gear and turned on the radio

ready for the five o’clock news; accelerating down the first fast

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