Page 2 of Paper Money


  He kissed her in the taxi--there was something he had not done for many years! The kiss was so luscious, like a kiss in a dream, that he touched her breasts, wonderfully small and hard under the loose gown; and after that they found it difficult to restrain themselves until they reached home.

  The token drink was forgotten. We must have got into bed in less than a minute, Tim thought smugly. He finished shaving and looked around for cologne. There was an old bottle in the wall cabinet.

  He went back to the bedroom. She was still asleep. He found his dressing gown and cigarettes and sat in the upright chair by the window. I was pretty terrific in bed, he thought. He knew he was kidding himself: she had been the activist, the creative one. On her initiative they had done things which Tim could not suggest to Julia after fifteen years in the same bed.

  Yes, Julia. He gazed unseeing from the first-floor window, across the narrow street to the redbrick Victorian school, its meager playground painted with the fading yellow lines of a netball court. He still felt the same about Julia: if he had loved her before, he loved her now. This girl was different. But wasn't that what fools always told themselves before embarking on an affair?

  Let's not be hasty, he told himself. For her this might be a one-night stand. He could not assume she would want to see him again. Yet he wanted to decide where his aims lay before asking her what the options were: government had taught him to brief himself before meetings.

  He had a formula for the approach to complex issues. First, what have I got to lose?

  Julia, again: plump, intelligent, contented, her horizons contracting inexorably with every year of motherhood. There had been a time when he lived for her: he bought the clothes she liked, he read novels because she was interested in novels, and his political successes pleased him all the more because they pleased her. But the center of gravity of his life had shifted. Now Julia held sway only over trivia. She wanted to live in Hampshire, and it did not matter to him, so they lived there. She wanted him to wear check jackets, but Westminster chic demanded sober suits, so he wore dark, faintly patterned grays and navy blues.

  When he analyzed his feelings, he found there was not a lot to tie him to Julia. A little sentiment, perhaps--a nostalgic picture of her, with her hair in a ponytail, doing the jive in a tapered skirt. Was that love or something? He doubted it.

  The girls? That was something else. Katie, Penny and Adrienne: only Katie was old enough to understand love and marriage. They did not see much of him, but he took the view that a little father-love goes a long way, and is a great deal better than no father at all. There was no room for debate there: his opinion was fixed.

  And there was his career. A divorce might not harm a Junior Minister, but it could ruin a man higher up. There had never been a divorced Prime Minister. Tim Fitzpeterson wanted that job.

  So there was a lot to lose--in fact, all he held dear. He turned his gaze from the window to the bed. The girl had rolled onto her side, facing away. She was right to have her hair short--it emphasized the slender neck and pretty shoulders. Her back tapered sharply to a small waist, then disappeared beneath a crumpled sheet. Her skin was faintly tanned.

  There was so much to gain. "Joy" was a word Tim had little use for, but it entered his thoughts now. If he had known joy before, he could not remember when. Satisfaction, yes: in the writing of a sound, comprehensive report; in the winning of one of those countless small battles in committees and in the House of Commons; in a book that was correct or a wine that was right. But the savagely chemical pleasure he had with this girl was new.

  There: those were the pros and cons. The formula said, now add them up and see which is greater. But this time the formula would not work. Tim had acquaintances who said it never did. Perhaps they were right. It might be a mistake to think that reasons could be counted like pound notes: he was reminded, curiously, of a phrase from a college philosophy lecture, "the bewitchment of our intelligence by means of language." Which is longer--an airplane or a one-act play? Which do I prefer--satisfaction or joy? His thinking was getting woolly. He made a disgusted noise, then looked quickly at the bed to see whether he had disturbed her. She slept on. Good.

  Out in the street, a gray Rolls-Royce pulled up at the curb a hundred yards away. Nobody got out. Tim looked more closely, and saw the driver open a newspaper. A chauffeur, perhaps, picking someone up at six thirty? A businessman who had traveled overnight and arrived too early? Tim could not read the license plate. But he could see that the driver was a big man, big enough to make the interior of the car seem as cramped as a Mini.

  He turned his mind back to his dilemma. What do we do in politics, he thought, when we face two forceful but conflicting demands? The answer came immediately: we choose a course of action which, really or apparently, meets both needs. The parallel was obvious. He would stay married to Julia and have an affair with this girl. It seemed a very political solution, and it pleased him.

  He lit another cigarette and thought about the future. It was a pleasant pastime. There would be many more nights here at the flat; the occasional weekend in a small hotel in the country; perhaps even a fortnight in the sun, on some discreet little beach in North Africa or the West Indies. She would be sensational in a bikini.

  Other hopes paled beside these. He was tempted by the thought that his early life had been wasted; but he knew the idea to be extravagant. Not wasted, then; but it was as if he had spent his youth working out long-division sums and never discovered differential calculus.

  He decided to talk to her about the problem and his solution. She would say it could not be done, and he would tell her that making compromises work was his special talent.

  How should he begin? "Darling, I want to do this again, often." That seemed all right. What would she say? "So would I," or: "Call me at this number," or: "Sorry, Timmy, I'm a one-night girl."

  No, not that--it wasn't possible. Last night had been good for her, too. He was special for her. She had said so.

  He stood up and put out his cigarette. I'll go over to the bed, he thought; and I'll pull the blankets off her gently, and look at her nakedness for a few moments; then I'll lie beside her, and kiss her belly, and her thighs, and her breasts, until she wakes; and then I'll make love to her again.

  He looked away from her and out of the window, savoring the anticipation. The Rolls was still there, like a gray slug in the gutter. For some reason it bothered him. He put it out of his mind, and went over to wake the girl.

  2

  Felix Laski did not have much money, despite the fact that he was very rich. His wealth took the form of shares, land, buildings, and occasionally more nebulous assets like half a film script or one third of an invention for making instant potato chips. Newspapers were fond of saying that if all his riches were turned into cash, he would have so many millions of pounds; and Laski was equally fond of pointing out that to turn his riches into cash would be close to impossible.

  He walked from Waterloo railway station to the City, because he believed that laziness caused heart attacks in men of his age. This concern with his health was foolish, for he was as fit a fifty-year-old as could be found within the Square Mile. Just short of six feet tall, with a chest like the stern of a battle-ship, he was about as vulnerable to cardiac arrest as a young ox.

  He cut a striking figure, walking across Blackfriars Bridge in the brittle sunshine of the early morning. His clothes were expensive, from the blue silk shirt to the handmade shoes; by City standards he was a dandy. This was because every man in the village where Laski had been born wore cotton dungarees and a cloth cap; now good clothes gave him a buzz by reminding him of what he had left behind.

  The clothes were part of his image, which was that of a buccaneer. His deals usually involved risk, or opportunism, or both; and he took care that from the outside they looked sharper than they were. A reputation for having the magic touch was worth more than a merchant bank.

  It was the image that had seduced Peters. Laski tho
ught about Peters as he walked briskly past St. Paul's Cathedral toward their rendezvous. A small, narrow-minded man, his expertise was in the movement of cash: not credit, but physical funds, paper money. He worked for the Bank of England, the ultimate source of legal tender. His job was to arrange for the creation and destruction of notes and coins. He did not make policy--that was done at a higher level, perhaps in the Cabinet--but he knew how many fivers Barclays Bank needed before they did.

  Laski had first met him at the cocktail-party opening of an office block built by a discount house. Laski went to such affairs for no reason other than to meet people like Peters, who might one day come in useful. Five years later, Peters became useful. Laski phoned him at the Bank, and asked him to recommend a numismatist to advise on a fictitious purchase of old coins. Peters announced that he was a collector, in a small way, and that he would look at them himself, if Laski wished. Splendid, Laski said, and rushed out to get the coins. Peters advised him to buy. Suddenly, they were friends.

  (The purchase became the foundation of a collection which was now worth double what Laski had paid for it. That was incidental to his purpose, but he was inordinately proud of it.)

  It turned out that Peters was an early riser, partly because he liked it, but also because money was moved around in the mornings, and so the bulk of his work needed to be done before nine o'clock. Laski learned that it was Peters's custom to drink coffee in a particular cafe' at around six thirty each day, and he began to join him, at first occasionally, and then regularly. Laski pretended to be an early riser himself, and joined in Peters's praise of the quiet streets and the crisp morning air. In truth he liked to get up late, but he was prepared to make a lot of sacrifices if there was half a chance of this far-fetched scheme coming off.

  He turned in to the cafe', breathing hard. At his age, even a fit man was entitled to blow after a long walk. The place smelled of coffee and fresh bread. The walls were hung with plastic tomatoes and watercolors of the proprietor's hometown in Italy. Behind the counter, a woman in overalls and a longhaired youth were making mountains of sandwiches ready for the hundreds of people who would snatch a bite at their desks this lunchtime. A radio was on somewhere, but it was not loud. Peters was already there, at a window seat.

  Laski bought coffee and a leberwurst sandwich and sat down opposite Peters, who was eating doughnuts--he seemed to be one of those people who never put on weight. Laski said: "It's going to be a fine day." His voice was deep and resonant, like an actor's, with just a trace of some East European accent.

  Peters said: "Beautiful. And I shall be in my garden by four thirty."

  Laski sipped coffee and looked at the other man. Peters had very short hair and a small mustache and his face looked pinched. He had not yet started work, and he was already looking forward to going home; Laski thought that tragic. He felt a momentary pang of compassion for Peters and all other little men for whom work was a means instead of an end.

  "I like my work," Peters said, as if reading Laski's mind.

  Laski covered his surprise. "But you like your garden better."

  "In this weather, yes. Do you have a garden . . . Felix?"

  "My housekeeper tends the window boxes. I'm not a man of hobbies." Laski reflected on Peters's hesitant use of his Christian name. The man was slightly awestruck, he decided. Good.

  "No time, I suppose. You must work very hard."

  "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 brain waves."

  "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."

  "Big 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. "Good-bye."

  "I'll see you tomorrow," Laski said, smiling broadly.

  3

  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 WC); 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 stretch of the A12 as his large Ford hit its stride; and waiting on a cold, open-air Tube station in East London for the earliest train of the day.

  The BBC's five o'clock bulletin had not cheered him. It had had all his attention as he drove, for the route was so familiar that he negotiated the bends and roundabouts automatically, from memory. The lead story came from Westminster: the latest industrial relations bill had been passed by Parliament, but the majority had bee
n narrow. Cole had caught the story the previous night on television. That meant the morning papers would certainly have it, which in turn meant that the Post could do nothing with it unless there were developments later in the day.

  There was a story about the Retail Price Index. The source would be official government statistics, which would have been embargoed until midnight: again, the mornings would have it.

  It was no surprise to learn that the car workers' strike was still on--it would hardly have been settled overnight.

  Test cricket in Australia solved the sports editor's problem, but the score was not sufficiently sensational for the front page.

  Cole began to worry.

  He entered the Evening Post building and took the elevator. The newsroom occupied the entire first floor. It was a huge, I-shaped open-plan office. Cole entered at the foot of the I. To his left were the typewriters and telephones of the copytakers, who would type out stories dictated over the phone; to the right, the filing cabinets and bookshelves of specialist writers--political, industrial, crime, defense, and more. Cole walked up the stem of the I, through rows of desks belonging to ordinary common or garden reporters, to the long news desk which divided the room in two. Behind it was the U-shaped subeditors' table, and beyond that, in the crosspiece of the I, was the sports department--a semi-independent kingdom, with its own editor, reporters, and subs. Cole occasionally showed curious relatives around the place: he always told them: "It's supposed to work like a production line. Usually it's more like a bun fight." It was an exaggeration, but it always got a laugh.

  The room was brightly lit, and empty. As deputy news editor, Cole had a section of the news desk to himself. He opened a drawer and took out a coin, then walked to the vending machine in Sport and punched buttons for instant tea with milk and sugar. A teleprinter chattered to life, breaking the silence.