2

Der bankir bruder

Yehuda ben Tema

in the Ethics of the Fathers

says:

fifty years to be prudent

sixty to be wise.

Mayer Lehman

is fifty

and doesn’t know what prudence is

but if it happens to mean: “stopping still and watching”

then perhaps he is prudent.

His father

a cattle merchant

a thousand years ago

—over there in Germany, in Rimpar, Bavaria—

used to say that the prudent man is like those branches

that defy the wind

and refuse to bend.

“If that is so,” Mayer thinks

“I’m all right.”

Yes.

Because while everyone

is now

going crazy

about doing doing doing

building building building

inventing inventing inventing

Mayer Lehman

stays still.

Right now for example:

over the entrance to the New York office

they’ve just finished the sign

with the words:

LEHMAN BROTHERS BANK.

They’ve worked quickly.

Very quickly.

Because the old sign, after all

was just a long narrow rectangle

—as long as the whole frontage—

made of three planks in a line:

LEHMAN the first

BROTHERS the second

and lastly COTTON.

And so.

New York solution:

without too much ado

they just took down the last part on the right.

The last board: COTTON.

It’s down there, on the ground

already old

on the street.

In its place they’ve hauled up a new board

with four letters: BANK.

Looks pretty darned good.

They’ve pulled it up with ropes

and they’ve lined it up to the inch

precise, perfect

beside LEHMAN BROTHERS.

The carpenters are now joining the boards

joining them together

joining them with nails

and it’s all one:

LEHMAN BROTHERS BANK.

Mayer is sitting there, on a seat, watching them.

What does it mean to be a bank?

For us, what will actually change?

A potato generally reasons calmly:

the long period spent underground

considerably

curtails

its capering on the surface.

And here too

indeed

Mayer Bulbe

manages to grasp two simple concepts.

First: when we were in business

people gave us money

and we gave something in exchange.

Now that we’re a bank

people give us money just the same

but we give nothing in exchange.

At least not for the moment. Then we’ll see.

Second point: when we were in business

if your son asked what you did

you’d show him a roll of cloth

a wagon of sugar

a barrel of coffee

and the boy would generally understand.

Now that we’re a bank

whatever words you try to use

your son doesn’t understand, he gives up and goes off to play.

Yes. To play.

“After all”

Mayer Lehman thinks

“there must be some reason

why children play at pretending

to be teachers or doctors or painters

but never

ever

come out with ‘let’s play bankers’

for the simple reason that

the one who plays the part of the banker

has to take money from his friends,

and they have nothing left for buying candy:

so what sort of game is that?”

You try explaining it to children,

that the money in the bank serves for industry.

Try explaining that the system

needs to have a savings fund.

Mayer Lehman

has come to the conclusion

in short

that he’ll feel a deep fondness

for this new side of the job

only when he sees with his own eyes

a banker

explain to children

how the banking game works.

And can get them to appreciate it.

Mayer Bulbe

ponders much upon it

as he gazes at the surname

on the sign

fixed next to the word bank.

His son Arthur

aged two

is sitting on his knee:

he’s half a century younger than him

and pulls his beard up and down with his hand.

Mayer doesn’t react:

he lets him provoke him.

Perhaps it’s because Arthur was born in New York:

in his blood

there’s not even a drop

of Germany

or of Alabama.

Arthur, new.

Arthur, brand-new.

Arthur, son of New York.

So that

to see them together

—he and his father—

they are rather like that old sign

LEHMAN BROTHERS

with that new word BANK beside it.

Is that why people laugh as they pass?

They laugh, yes.

And not because Mayer is strangely dressed

as a rich Southerner

with those striped leggings

that here in New York

no one

no one

would wear

ever

not even by accident.

No: what people notice is not his clothing.

It’s the fact that Mayer is sitting

stock-still, smiling

there

doing what?

Nothing.

Having his beard pulled.

A strange sight.

Strange and funny that here, in the heart of the business area:

119 Liberty Street

where every minute is a shiny dollar

119 Liberty Street

where everything has a price

119 Liberty Street

where even the flies have a value

here

at 119 Liberty Street

there’s a fifty-year-old Jewish millionaire

who is doing absolutely nothing:

sitting like that

in the street like that

with a child on his knees like that

watching an old sign being trodden underfoot

that bears the word: COTTON.

“What do we do with this board?

Shall we throw the old sign away, Mr. Lehman?”

Mayer doesn’t answer.

“If you like, we’ll cut it up

and you can burn it in the stove:

the wood is old but it’s not rotten.”

Mayer doesn’t answer

he smiles, doesn’t say what he thinks:

certainly they wouldn’t understand.

“Okay, in that case we’ll ask your brother.”

Mayer smiles, nods.

Better that way.

Emanuel is an arm, he won’t have any objection

and certain notions he doesn’t really get:

they don’t actually reach him.

Indeed the first thing he did this morning

he—the arm—

was to send out to buy

four buckets of paint

because as soon as the sign is ready

he wants a fresh coat of paint

to be given

straightaway

—but without delay—

straightaway

a fresh coat of paint

straightaway

immediately

since otherwise the new BANK

will be too obvious beside the old LEHMAN BROTHERS

and

“. . . we will look like a grandmother

with a little girl’s bonnet.”

The words of Emanuel Lehman

who has no intention

of looking like an old fool.

“If we turn the page, dear Mayer, we turn it for good!”

Perfect.

So?

So fresh paint: new colors

no more of that faded yellow of a cloth store:

“I want big letters now

the color of gold

on a black background.

And you know why, Mayer?

There’s a reason, for sure!

I don’t do anything by chance:

gold comes out of black

I mean, from the black of coffee

from the black of coal

and then . . . from the smoke of locomotives!”

Locomotives.

Each time Emanuel mentions them

—and he mentions them often—

his lips twist into a strange grimace,

as though the hint of a smile

has turned into a cringe of embarrassment.

Maybe Emanuel is aware of it,

for he promptly exclaims:

“Railroad, Mayer! Railroad, for sure!

The train is not a sum of zero-points:

the railroad will bring us great capital!”

Mayer stares at his brother.

For some time

now

Emanuel

has been obsessed

about this “zero-points” stuff.

And he repeats it

like a refrain

—“zero-points”

—“zero-points”

—“zero-points”

ad infinitum

like once

over there in Germany, in Rimpar, Bavaria,

a thousand years ago

when as children

they heard a Jewish tune

sung by Uncle Itzaekel

and for months

they couldn’t stop singing it.

But now

here

in New York

119 Liberty Street

the question is

from what kind of Uncle Itzaekel

has Emanuel learned

this rhyme about zero-points

and above all

the rhyme about the railroad

which would bring capital

seeing that Emanuel has been talking about it for years

but has never invested even a cent.

The railroad . . .

Emanuel has also put up

—in the doorway at Liberty Street—

a Northern Railway poster

with a locomotive puffing steam.

But then?

Then Lehman Brothers keeps going

on the market for coal

for coffee

for timber

not to mention what is left of cotton.

In short

everything apart from trains.

A mystery.

Meanwhile the days go by,

and the only railroad

to be heard in Liberty Street

is a wooden

canary-colored train set.

A gift from Uncle Emanuel to his nephews

to the youngest

Arthur Herbert and Irving:

“But one day, I swear, I’ll give you a real one.”

It’s always fun to play with trains.