From: "Roy C. Lackey" 
Subject: (urth) PEACE: Smart money
Date: Sat, 19 Oct 2002 19:00:38 -0500

mantis quoted me and wrote:

>>Assuming
>>Smart had no siblings, his parent's death left him owning a chunk of real
>>estate that was worth a tidy sum of money to him in the go-go 1920s.
>
>Ah, but he must have had siblings, no?  He mentions "in-laws," after all,
>among those relatives trying to help him get started.

He doesn't mention any siblings, but if he did have any that just increases
the likelihood of his having closer, by blood, relatives to whom he might
bequeath his business. Stockholders, majority or otherwise, don't need to
know anything about day-to-day operations of a corporation they own stock
in.

>>That
>>has to be a source of his start-up money for the plant; Smart was no
farmer.
>
>I thought we were agreed that Smart could not have started up the factory
>without Olivia: "her" money, her brother's money, her family's influence in
>the town.

I'm not sure where Smart got all his money, or when, but he had money before
he met Olivia. He claims to have earned enough in Florida to have bought
Tilly's store, had he wanted to, "for collateral, you know, on a loan from
the bank, just like I'm doing here" (148). He had already bought Bledsoe's
drugstore, with the help of a bank (Blaine's?) loan. He may have had
off-the-books money from illicit drug sales to carney freaks (as Stone Ox
notes). (He wasn't looking for a cure for cancer in his lab at Olivia's!) He
may have had money from the sale of the family farm. At some point he sold
Olivia's house. There may well have been insurance money from Olivia's
death. I don't know that he even _needed_ any of the Weer fortunes to start
up the plant, even if John had money to spare by that time. It depends on
which came first--the Depression or the plant.

Thinking about this, just now, I had an insight!

In fact (and I don't know how I overlooked this when working on the
timeline!), I think that I can now prove that the plant existed _before_
Olivia's death--in which case Smart probably didn't need any Weer money.

    "At my aunt Olivia's funeral he had been much younger; small, stocky (he
was already beginning to make money, and my aunt had hired an excellent
cook, a Latvian who . . ." (149)

Two points here: Smart was making money before Olivia died; she hired a
cook.

    "She [Olivia] had grown plump within a year of her marriage, eating
Milewczyk's cooking . . ." (180)

And:

    "In the evenings, when Milewczyk and the maid (neither of whom lived in)
had gone home, and Julius was at work in his laboratory in the basement, my
aunt soaked in a hot tub [. . .] her breasts [. . .] waxed, in the two years
that passed between her marriage and my parent's return . . ." (180).

Den was still living with the Smarts at that time, was living there when the
cook was hired (and a maid!), his parents were still in Europe, Olivia was
alive, and Smart was "already beginning to make money". That _must_ be
referring to money made from the plant. Milewczyk was hired within the first
year of their marriage.

Remember also that, according to Blaine, it was Olivia who "set her cap for
Julius Smart when he went into business here the next spring" (174). It was
Olivia who pursued Smart, not he her. Bledsoe's had already been taken over
by Smart before he even met Olivia, so the business he later "went into" had
to have been the juice plant. If this is all true, then Julius started up
the plant _before_ he married Olivia. In which case he did it without _any_
Weer money, and he owed the Weers nothing, not even token gratitude. It was
Olivia who married Smart for _his_ money. They probably married in 1925, the
second spring following Macafee's birthday party. That would put the plant's
founding in 1924.

Stone Ox wrote:
>Of course, Smart is likely lying about the handsome salary as well,
>to explain where all the money he got from taking over Mr. Tilly's
>carney medicine business came from.  After all, even if he kept the
>books in the pharmacy's regular business honestly, I don't see why
>he would have kept records of having prescribed illegal medicines.

You may be right about the citrus season in Florida; I know it's been
discussed here before, but I don't remember the particulars. You may also be
right about Smart having lived with Tilly for longer than he claimed. As for
whether or not he killed Tilly, that's hard to say. On the one hand Den says
that he showed genuine grief, on the other that he (Den) possessed a child's
credulity to full measure (148). Postmortems were not often performed in
those days, and not very sophisticated when they were. How can you establish
rigor mortis in a man who was turning to stone?   I would like to have
seen a coroner's report!

-Roy


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