No, the observatory was rather the scene of his economic dreams. With the help of the old marine glass he now and then peeped into the future. On the blackened billiard marker he had a few calculations, for the airiness of which quickly wiped-off chalk was a better medium than paper and ink. It was a sort of game. But behind the game lurked a serious purpose. Peter the Boss longed more and more to rise above the humble rank of an ordinary farm-bailiff. It is true that he had been called “Director” ever since the estate had been transformed into a limited company after the death of their father, but the change of the title did not alter the facts. Peter was tired of his elementary tricks in buying and selling and they had now become a matter of mechanical routine with him. They were simply a means of obtaining the commission which his sisters and brothers were too mean to pay him. Of course he did earn a certain amount of money. Yes, the amount increased quite nicely, quite nicely. But all the same he felt the restlessness of one who is conscientiously capable of greater things. He had half-frightened, dizzying visions of profits of millions. The future teemed with possibilities which confused and distracted him during his day’s work. He had to climb up to a high place in order to survey the situation. And that place was the observatory.

Peter used to begin his observations from the west window. At first he pretended to be there for the sake of the fine view. He was coquetting, as it were, with his shy hopes. Contemptuously his look passed over treeless and insignificant Ryssvik. But further away he beheld Trefvinge beyond the fine fishing water and densely wooded forests. Well grown and no mortgages! Fancy what a lot of money could be got out of that estate. Peter could not help making calculations. It was, of course, mere fancy, idle fancies⁠ ⁠… though perhaps Stellan might⁠ ⁠… he had flirted rather freely with Elvira Lähnfeldt at Laura’s wedding⁠ ⁠… but probably it meant nothing.

With a little sigh Peter stepped to the south window. Here he at once approached a little nearer to reality. Here lay Kolsnäs and it looked quite different, with big bare patches in the forest, and bushes and felled trees and melancholy seed-pines on the horizon. Yes, yes, cash would be wanted there when the old lady died and Lieutenant Manne von Strelert began to sow his wild oats. Lots of timber had been cut down and the estate was mortgaged, but there was still lots more to take. Manne was a deuced decent fellow, anyhow, and Peter would not have minded making him a little loan now and then. He had a distinct sensation of pressing a bundle of notes into the Lieutenant’s hand and receiving a nice little I.O.U. in return, which would give him a hold over a corner of Kolsnäs.

Yes, those were his dreams. Unfortunately Peter had nothing to spare for Kolsnäs now. Stellan immediately consumed the cash Peter could lay hands on. He was awful, Stellan. Already more than half of his shares lay as security in Peter’s drawer.

At last Peter came to the east window. From here he had a fine view nowadays since he had felled a couple of enormous aspens on the slope behind the avenue. He did that because of Ekbacken. Now he could see both the yard and the sawmill and a bit of the town behind. Peter could not help interesting himself in Ekbacken. Herman had avoided him since the divorce. It was not so easy either to enter into conversation with old Lundbom now that his trusteeship had lapsed. So Peter had to be content with what he could discover with the help of his glasses, though that was quite a lot. He saw, for instance, that the proud yacht building Herman had spoken of had completely ceased. There was never more than one yacht and that was Herman’s own Laura. Well, the name was of course painted out, which really was not to be wondered at. That tall figure over there was Herman himself. He would stroll out onto the pier and sit for hours with a glass and a bottle beside him on the green seat. Sometimes he went out sailing for a couple of days and then the boat would lie rubbing against the pier with sails up whilst half the pier was littered with empty bottles handed up out of the boat.

Peter shook his head in joyful concern:

“Poor boy,” he muttered, “breakers after a storm. This will never end well.”

Neither did it.

Peter soon saw that activity in the shipyard decreased. The repairing slips began to be empty for long periods, the capstan struggled with its long arms as if it were begging for help from all the four quarters of the compass and the crane hung helpless over the water as if in expectation of an inevitable fall. And the few workmen visible were mostly loitering or sitting smoking on the sly between the weathering stacks of boards round the sawmill.

Peter was quite touched at this decay. He felt an agreeable compassion for the excellent Herman. It was not his fault that all this misery might turn out to his advantage and to that of Selambshof. For if the resistance of Ekbacken was broken then Herman could no longer foolishly oppose the advance of the town. And in that fact Peter secretly already saw his great opportunity.

Peter had felt a profound emotion when for the first time he fully realised that the town over there was smoking and sweating in order to increase the value of Selambshof. From that moment he began to think that the smell from the glue works on the other side of the lake was rather pleasant. The glue works was the first outpost of the town and with one blow it had broken the spell of

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