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A. A. (Alan Alexander) Milne

Suddenly my attention was attracted to another boy, who, even as I had been a few minutes ago, was now busily writing.  I kept my eye on him, and when he had finished his work, and was walking across the room with a piece of paper in his hand, I followed him eagerly.  He was at least twelve; I was only nine.  Can you wonder that he seemed to me almost the last word in wisdom?  So I followed him.  Could it really be that my poster had forstalled his?  What glory if it were so!  He pinned up his notice.  He moved away, and I read it.  It said:  “VOTE FOR THE SHAR.”

You can imagine my feelings.  I went hot all over.  “Shar,” of course, not “Shah.”  How ever could I have been such an idiot as to have thought it was “Shah”?  S-h-a-h obviously spelt shash, not shar.  How nearly I had exposed my appalling ignorance to my fellows!  “Vote for the—­“; I blushed again, hardly able to think of it.  And oh! how thankful I was now that everybody else had been too busy to read my poster.  Hastily I went over to it, and tore it down; hastily I went back to my desk and wrote another poster.  Observe me now again.  I am writing in bold capitals on a piece of exercise paper:  “VOTE FOR THE SHAR.”

And the moral?  Well, my omnibus has now; fetched its compass round Victoria, we are back on the main route again, and I think I must leave the moral to you.

High Finance

I know very little about the Stock Exchange.  I know, of course, that stockbrokers wear very shiny top-hats, which they remove when they sing “God Save the King,” as they invariably do in a crisis.  When they go out to lunch, the younger ones leave their top-hats behind them, and take the air with plastered polls; and after lunch is over, young and old alike have a round of dominoes before placing threepence under the coffee-cup and returning to business.  If business is slack, they tell each other jokes, which get into the papers with some such introduction as, “A good story going the round of the Stock Exchange.”  Probably it was going the round of the nurseries in 72, but the stockbrokers have been so busy making Consols go up and down that they have not been able to listen to it before.  Anyway, the careful man always avoids a good story which is going the round of the Stock Exchange.

But apart from these minor activities of the City, the financial world has always been a mystery to me.  To this day I do not understand why Consols go up and down.  Perhaps they only go down now, but there was a time when they would be 78 1/4 in the morning, 78 1/2 after the Stock Exchange had returned from its coffee, and 78 when it went out to play dominoes again.  When they thudded down to 78, this proved that the Government had lost the confidence of the country.  But I never heard an explanation of it all which carried any conviction.

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If I May from Project Gutenberg. Public domain.

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