Quantcast

Ch. 6: The Cutters

Ch. 6: The Cutters Page of 303 Ch. 6: The Cutters Text size:minus plus Restore normal size   Mail page  Print this page
THE CUTTERS
215
dealer. Such clubs are not social centers, except secondarily. They are really market places; "bourses," he said. Four of the five clubs in Antwerp are affiliated: the fifth is not recognized by the others because it sometimes accepts members they don't approve of. Mr. Goldmuntz, who has often been chairman of his club, the Diamond Club and the oldest in town, explained the system by which peace was kept among merchants: "We have our own court. If two people are disputing about some business matter, they go to court in the club. The chairman presides, and a number of other officials serve as a kind of jury. They consider the problem and make their decision. In this way the people involved don't have to pay litigation fees and all expense is avoided. Naturally, a man who is dissatisfied with the decision can then go to the civil courts if he likes, but if he does such a thing he is immediately dropped from the club, and that, believe me, is not good for his business. We arbitrate sometimes even in international affairs, and we are in commu­nication with all the bourses in the world—in Israel, in New York, Milan, and Paris. Not Germany, though."
Arrived, we made our way through a busy short passageway to the board room, where stood the statue of Lodewyck van Bereken and his outsize gem. The room was large, and filled with a magnificent table inlaid with satinwood in a pattern of —of course—diamond-shaped lozenges. We sat at one end of this table and had a glass of port and a few bites of cheese to go with it, and then we went sight-seeing.
"Everything is here that the members can need. Anything you can think of," said Mr. Goldmuntz. "Our own post office. Cables. Telephones. Vaults. Here as you see is a board with the news of the stock market, always up to the minute. And
Ch. 6: The Cutters Page of 303 Ch. 6: The Cutters
Suggested Illustrations
Other Chapters you may find useful
Other Books on this topic
bullet Tag
This Page