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Authors: Dennis Wheatley

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Well, there is the motive. As for opportunity: here I am, a semi-paralysed hulk, cut off from communication with the outside world, and completely in the power of an ambitious man who has succeeded in getting himself made one of the controllers of the Jugg millions.

Perhaps my imagination really has run away with me now; but, all the same, I have decided to make this journal a very different document from anything that might have resulted from my earlier intentions. I mean to tell the whole story from the beginning; then, even if these sheets of paper never reach Julia, but fall into the hands of
any
honest person, they may yet be produced as evidence of my fundamental sanity, and perhaps assist in bringing my enemies to justice.

I shall not start on this new departure today, though. In fact I should not have made any entry at all, had I not been anxious to get down my latest ideas on what lies behind Helmuth’s secret moves against me. Yesterday, after tea, I succeeded in finding a book on Hypnotism in the library, here, and I am already deep in it, so I may not have much time for writing during the next few days.

Sunday, 17th May

I find some of the technical stuff in the book on Hypnotism pretty heavy going, and it is no good fuddling my brain by sticking to it for too long at a time; so I shall write a page or two of this between whiles.

Here goes, then, on the facts about myself:

I am Flight-Lieutenant Sir Albert Abel Jugg, Bart., D.F.C., R.A.F.V.R. (Ret.). The title, of course, came to me from my grandfather; the Royal Air Force rank and decoration I got for myself.

My father insisted on my being christened Albert Abel after his father and himself; but my mother must have had a sense of humour, as before I was born she vowed that, whatever I might be christened, she meant to call me Toby. She died giving me
birth, but my father carried out her wish, so Toby I have been to my family and friends all my life.

I know nothing at all of my forbears on my mother’s side, and on my father’s I can go back only two generations; although I do know that he came of Yorkshire stock and that the family were poor farm people just outside Sheffield; and that it was in the office of one of the smaller ironfounders there that my grandfather began his meteoric career.

He was a money-spinner—one of those amazing Victorians who started life as an office boy at the age of eight and by the time they were thirty emerged as great industrialists. In those happy days British goods were the most sought after in the world’s markets, and handsome profits could be put back into a growing business to make it more prosperous still—instead of being swallowed up by the crippling demands of a fantastically high income tax—so it is easy to understand how a clever, energetic man could soon convert a modest capital into considerable riches. But the transition from poverty to even moderate affluence is the part in such stories which always mystifies me. How did the little thirty-bob-a-week clerk without influence or backing ever manage to make his first five thousand pounds?

One thing is quite certain: no ambitious young man, however brainy and hard-working, would be able to do so now. Socialist economics have chained the masses and are relentlessly pressing them into a pattern so that in another generation they will be no more than human robots.

The Trade Unions already decree that no man must work longer hours or receive a bigger pay packet than the laziest and most incompetent of his companions employed on the same type of job—and soon they will make it illegal for him to attempt to better himself by leaving the job he is in for another. It is almost as hopeless for non-union men and black-coated workers to try to build up a little capital, or for people who already have small businesses to increase theirs; because, as soon as any of them begin to make a bit more than a living wage, the Government takes away the best part of anything they might save, in taxes largely levied to support a vast bureaucracy which is entirely non-productive.

But things were very different in Queen Victoria’s day. My grandfather was only one of thousands who started from nothing and ended up a man of property. It was, I suppose, a blend of luck, thrift, scope for initiative, payment by results, and the freedom to work eighteen hours a day if they wanted to, that enabled them to make those first little sacks of golden sovereigns; then the untaxed profits on bold, imaginative business ventures did the rest.

Albert Abel Jugg was, therefore, a typical product of his times. He differed only from most of his successful contemporaries in being one of the first to realise that far greater profits could be made by operating a chain of companies, which, between them, produced a raw material and converted it to its final purpose, than from any one link in it. Thus, having started in an iron-foundry, he persuaded the partners to buy a small iron-mine; then a coal-mine so that they made a profit on the fuel they used. The firm went in for making steel plate for shipping, and his next move was to buy up a ship-building company that had got into low water.

A few years later they decided that they would sell no more ships, but run a shipping line themselves. He did not go in for luxury liners, but stout little tramps, and soon he had scores of them ploughing the seas with mixed cargoes from port to port all over the world. Later he went in for building commercial motor vehicles and, lastly, aircraft. By that time he had his own rubber plantations, timber forests, tanneries, chrome, bauxite, nickel and tungsten mines. At the time of his death he held a controlling interest in more than sixty companies, and he left over fourteen million pounds.

He had a flair for picking his subordinates and oceans of hard, sound common sense; but I never heard of his pulling off any spectacular financial coups, or, indeed, doing anything remarkable. He was blessed with excellent health, so he never retired, and remained till the end entirely wrapped up in his business. His tastes were simple and his appreciation of beauty, art, culture and grace apparently non-existent; he never went out of his way to acquire the appurtenances of great wealth; they seemed rather to collect haphazard about him.

The big mansion in Kensington Palace Gardens, where I spent most of my early childhood, was not his deliberate choice for a London home; he moved into it only because he had taken it over in settlement for a debt that a peer, who was a director of one of his companies, could not pay. Queensclere he bought, not for the lovely old house, but because the eastern part of the estate lay adjacent to the Kentish coal-mines, and he was advised that some two hundred acres of it had valuable deposits beneath them.

Rather than go to the trouble of furnishing either house himself he bought the bulk of their contents with them. Queensclere had belonged for many generations to a family of moderate fortune and excellent taste, whereas the Kensington mansion had been acquired by the
nouveau riche
peer only a decade earlier; so when in the country we lived in an atmosphere of dignity and grace, and when in London surrounded by Victorian horrors; but I doubt if he noticed the difference.

Llanferdrack Castle was bought by him on account of my Great-aunt Sarah. Since the poor lady refused to leave the vicinity of the tragedy that had robbed her of her fiancé, he said that she had better have the Castle to live in. Here, too, he bought most of the contents for an all-in price; but in the library there was quite a number of rare books, and when he saw the valuation he refused to include it in the deal. In consequence the library was sold separately and the room was left bleak and denuded, with rows and rows of empty shelves. That offended his sense of the fitness of things and the way he dealt with the matter was typical of his mentality.

On Friday, when I searched the shelves for a book on Hypnotism, I already knew that they held one of the most astounding collections of junk that any room calling itself a library could ever have contained, but quite how astounding I did not realise until I started to go through them systematically. The explanation is that when my grandfather wanted to refill the shelves he contracted with a bookseller in the Charing Cross Road to do the job at a flat rate and, irrespective of size, he refused to pay more than ten shillings a foot!

Naturally, the bulk of it consists of out-of-date encyclopedias, the collected sermons of long-dead divines, books of dreary
personal reminiscences that their garrulous authors must have paid to have printed, fifty-year-old novels of incredible dullness, and publishers’ remainders of all kinds. But, by a piece of exceptional good fortune, I found a bulky volume called
Hypnotism, its History, Practice and Theory
, by J. Milne Bramwell, which, for this array of mainly nineteenth-century trash, bears the comparatively recent date of 1903.

It could not have been out long when it was condemned to make one among the seven or eight hundred feet of books that cover the walls of this room; so no doubt its presence here is due to the fact that its title page is missing and its cover loose; but, luckily, its 470-odd pages of text are intact and they contain a wealth of information, so, thanks to Dr. Bramwell, I am gradually getting a grip on the theory of this fascinating subject.

Reverting to my grandfather. It was not unnatural that a man so entirely absorbed in the great commercial structure that he had created should wish to found a dynasty, and many years before his death he laid plans to ensure that his heir should enjoy the same undisputed authority over his Empire as he had himself.

So that his heir should not be compelled to part with the controlling interest in any of the companies at his death, in order to raise the vast sum necessary to pay death duties, he devoted a considerable part of his income to insurances which would cover them; and as soon as my father showed that he had inherited his father’s talent for business he was given one directorship after another, so that long before he died he was openly recognised as the heir-apparent.

That my father should have turned out to have all the makings of a worthy successor must have been a great joy to the old man; he was far from being so fortunate in his second son. Father entered the business on leaving Cambridge, and was already an important executive in it by the time the First World War broke out, so he was considered too much of a key-man to be allowed to volunteer for one of the services; but Uncle Paul was nearly ten years younger, and went straight into the war at the age of eighteen.

It may have been that which unsettled him and made him later unfitted for a business career. But I don’t think he would ever
have been capable of controlling a big organisation. He is much too lazy and pleasure-loving, and no amount of training can give a man a first-class brain if he hasn’t got the right type of grey matter to start with.

Anyway, grandfather evidently decided that he was a hopeless bet, and preferred to take a gamble on me to carry on the dynasty should anything happen to my father. As I was only a few years old when his last will was drawn up, he went to considerable pains to protect my interests in the event of both my father and himself dying while I was still a minor; and the arrangement he decided on was that a Board of seven Trustees should be formed, which would have the following powers:

(1) To appoint such of its members as it considered most suitable to directorships of the Jugg companies, for the purpose of representing the interests of the Trust.

(2) Elect new Trustees to fill any vacancies which might occur on the Board through death or retirement, and to create additional Trustees should this be considered desirable.

(3) To invest all profits accruing to the Trust during my minority, either in taking up further shares in the Jugg companies, or in acquiring holdings in other concerns which it was planned ultimately to bring within the Jugg organisation.

(4) To appoint one of their number as my Guardian, who would undertake to give me the personal care of a parent, and be responsible to them that my education should be designed to fit me for taking my place as the head of the Jugg Empire in due course.

It will be seen that the old man’s scheme, while sound enough in its broad principles, did give the Trustees certain opportuntiies to feather their own nests at my expense if, at any time, the Board included two or three dishonest members who got together and were clever enough to pull the wool over the eyes of the others. The Trustees were, no doubt, purposely given no direct remunerations, as the old man felt that they would be more than adequately paid for their trouble by the fees they would get from sharing out the sixty-odd directorships between them. That is fair enough; but the clause empowering them to invest profits in concerns which it is planned ‘ultimately to bring within the Jugg organisation’ opens the way for all sorts of double-dealing.

The Jugg interests are now so varied that an unscrupulous Trustee might buy up the shares of pretty well any business that looked like going on the rocks, and, after nursing it for a year or two, make a very handsome profit—if he had enough backing on the Board to be sure of selling it to the Trust.

I have wondered, more than once, if that is how Harry Iswick has succeeded in making so much money during the past ten years. He owes his place on the Board to the fact that he was my grandfather’s confidential secretary; and so, apart from my father, knew more than anyone else about the old man’s affairs. I remember Julia telling me that, in those days, he used to live in a little semi-detached house out at Acton, but now he has a flat in Grosvenor House, a big place at Maidenhead, and just before the war he had bought himself a villa in the South of France. He has not yet been nominated by the Board as their representative director on any of the larger companies, so I should not think he collects more than two thousand five hundred a year in fees, and he certainly could not live in the way he does on that.

Of course he is a clever little devil, and his position on the Board gives him access to all sorts of information out of which he could make money more or less legitimately: so he may be reasonably honest. In any case grandfather must have thought him so, as, in selecting the original Trustees, the old man would naturally have picked only men he believed that he could trust.

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