e to forecast. He
has made an exceptionally good start, but he will have his work cut out
to follow successfully in the tread of such an able and distinguished
father.
When people see Mr. Chamberlain _pere_ in such prosperity, flourishing
like a green bay tree, with a country house that has cost a fortune, a
town house to maintain, and plenty of money to do a fair amount of
globe-trotting, they wonder and ask how did he get such a lot of money?
Well, I cannot say, because I do not know, and if I did know I should
not tell. Doubtless he had something considerable from his father, who
must have been well off, but as there were some seven children to share
what was left by the late Mr. Chamberlain it may be assumed it was not
simply what he inherited that made him rich.
Doubtless his wealth was chiefly acquired by his shrewdness, business
capacity, and enterprise when he was a member of the firm of Nettlefold
and Chamberlain, and probably when he retired from that prosperous
business it was with a sum of money which would, perhaps, make some of
us blink with envious surprise if we knew the figure.
It is no secret that when he was engaged in business Mr. Chamberlain
adopted a policy which created much comment at one time, and was,
indeed, rather severely criticised. It was understood that he had set
his heart upon making the trade of his firm as much of a monopoly as
possible, and to this end he made it known to his local competitors that
they must sell their businesses to him or be prepared for certain
consequences if they did not.
Such a course of action was regarded as somewhat tyrannical, especially
by those directly concerned, and it made bad blood for a time between
Mr. Chamberlain and some of those with whom he was associated in public
work. After a while his trade opponents came to the idea that it would
be better to surrender at discretion than to enter into conflict with a
firm that was in such a strong position, and had such a big war chest at
its disposal.
It is hardly necessary to go into the merits of this trade question, or,
indeed, to say anything about it now, as it is all a matter of ancient
history. Indeed, I only refer to the matter because it formed an
incident in Mr. Chamberlain's Birmingham career and left its mark upon
the business that went up and the businesses that went down. Moreover,
it is a little instructive and edifying, as showing how Mr.
Chamberlain's combative nature manifested
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