OBSERVANCE
OF
THELAW
Inthe
winterof
1872,
theU.S.financier
AsburyHarpending;
was
visiting
Londonwhenhereceivedacable:Adiamondminehadbeendiscovered
intheAmericanWest.Thecablecamefromareliablesource—-William
Ralston,
owneroftheBankofCalifomia—-but
Harpending
nevertheless
tookitasa
practicaljoke,probablyinspiredby
therecent
discovery
of
huge
diamondminesinSouthAfrica.
True,
when
reports
hadfirstcomein
of
goldbeing
discoveredinthewesternUnited
States,
everyone
hadbeen
skeptical,
andthosehadturnedouttobetrue.Butadiamondmineinthe
West‘
Haipending
showedthecabletohisfellowfinancierBaronRoth
schild
(one
oftherichest
men
inthe
world),
saying
itmustbea
joke.
The
baron,however,
replied,
“Don’t
betoo
sure
aboutthat.Americaisa
very
largecountry.
Ithasfurnishedtheworldwith
manysurprisesalready.
Per-
haps
ithasothersinstore.”
Harpending
promptly
tookthefirst
ship
back
totheStates.
When
Harpending
reachedSan
Francisco,
therewasanexcitementin
the
air
recalling
theGoldRush
days
of
the
late1840s.
Two
crustyprospec-
torsnamed
Philip
Arnoldand
john
Slackhadbeenthe
onesto
findthe
di-
amondmine.
They
hadnot
divulged
its
location,
in
Wyoming,
buthadled
.
aliighlyrespectedminingexpert
toitseveralweeks
back,
taking
acircular
route
sohecouldnot
guess
his
whereabouts.
Once
there,
the
expert
had
watched
astheminers
dugup
diamonds.BackinSan
Francisco
the
expert
hadtakenthe
gems
tovarious
jewelers,
oneofwhomhadestimatedtheir
worthat
$15
million.
Ha:-pending
andRalstonnowaskedAmoldandSlackto
accompany
thembacktoNew
York,
wherethe
jeweler
Charles
Tiffany
would
verify
the
original
estimates.The
prospectorsrespondeduneasily--they
smelled
a
trap:
Howcould
they
mustthese
city
slickers?Vifhatif
Tiffany
andthe
fi-
nanciers
managed
tostealthewholemineoutfromunderthem?Ralston
triedto
allay
theirfears
bygiving
them
$100,000
and
placing
another
$300,000
inescrowforthem.Ifthedealwent
through,they
wouldbe
paid
anadditional
$300,000.
The
miners
agreed.
Thelittle
group
traveledtoNew
York,
where
a
meeting
was
held
atthe
mansionofSamuelL.Barlow.Thecreamofthe
city’s
aristocracy
wasinat-
tx-,ndance——General
George
Brinton
McClellan,
commanderoftheUnion
forces
in
theCivil
War;
General
Benjamin
Butler;
Horace
Greeley,
editor
ofthe
newspaper
theNewYbrk
Tribune;
Harpending;
Ralston;
and
Tiffany.
Only
SlackandArnoldwere
missing—-as
touristsinthe
city,they
hadde-
cidedto
go
sight-seeing.
When
Tiffany
announcedthatthe
gems
wererealandwortha.
fortune,
thefinanciers
could
barely
controltheirexcitement.
They
wiredRoth-
_,
schildandother
tycoons
totellthemaboutthediamondmineand
inviting
themto shareintheinvestment.Atthe same
time,
they
also
told
the
prospectors
that
they
wantedonemoretest:
They
insistedthata
mining
ex-
I
pert
oftheir
choosingaccompany
SlackandArnoldtothesiteto
verify
its
'
wealth.The
prospectorsreluctantlyagreed.
Inthe
meantime,
they
said,
Now.tlnm:is
nothing
of
whichamunis
prouder
than
of
Imel-
iecvuul
ubiliIy,for
11 is
thisthat
gives
himhis’
mmmarzdingplan:
In
theanimalworld.1:is
an
e.rz:eerIingIy
rush
thing
tolet
anyone
we
(ha:
you
are
decidedly
3:upcriur10him
in[his
respect,
andtoletother
people
see
it
too.
.
..
Hence,
whilerankand
riciies
mayalways
rec
kon
upondeferen-
Iialrreamzmrin
sncirrzy;
thatis
s()mc,'2’hiIIg
u,hin'z
inzeitrrctmil
ability
can
never
expect:
Tobe
ignored
isthe
grecltcsl
favour
rliowri 10 it;and
ifpr-‘opts
rwliceitat
all,
itislwcausc
they
regard
Ifasa
pI'.c’r‘eof
impertmrmrr,
or
elseas
$(>metIn'ng
tnwhirl:its
p:n:¢e.v.s'rn'
[msno
legiti-
marc
right,
and
upon
whichhedaresIn
pride
hirIm’If.'
andinremind-
lionand
revengefor
his
conduct,people
soc-relly
Irv
am!lzunn'ii-
alehill!
in
someother
way.’
and
ifthey
wait
to
do
this,
1'1 15
only
for
41
fittingoppm'mm'iy.
A
man
may
berLHm!11bIv
as
p().s'.riI7lcii1
his
ilemcunour.
and
ye!
/mrdly
ever
getpeople
to
overlook
his
crime
in
xru/irling
imeI[ecm-
ally
abovethem.Inthe
GardenofRoses.Sadr‘
make-5thz:remark.-
"Youshouldknowthat
fuoli.s‘]1[imply
an!a
humiredfnlzi
mon-
uwerse 10
meeting
(he
wirethanI/In’wise
are
irutir/:<m’ci/or
(he
companyof
me
foolish."
LAW 21 15?‘