“But this isn’t inevitable. If you act now, you can open up new lines of revenue and new subsidiaries. Take ancient patents from my world, the world you’re used to using as a toy chest, and set up companies around them in the new world, in New Britain. Take the money you raise in New Britain and import books and tools here. Set up universities and schools. Build, using your power and your money to establish factories and towns and laboratories over here. In a couple of generations, you can pull Gruinmarkt out of the mire and start an industrial revolution that will make you a true world power, whether or not you depend on the family talent.

“You can change the world—if you choose to start now, by changing the way you think about your business.”

There was total silence in the hall. A puzzled silence, admittedly, but silence—and one or two nodding heads. Just let them keep listening, Miriam thought desperately. Then voices began to pipe up.

“I never heard such a—”

“—What would you have us put our money into?”

“—Hear, hear!”

“—Gather that educating the peasants is common over—”

“Silence,” Angbard demanded testily. “The chair has a question.”

“Uh. I’m ready.” Feeling tensely nervous, Miriam crossed her fingers behind her back.

“Describe the business you established in the new world. What did you take with you to start it? And what is it worth?”

“Ah, that’s an interesting one.” Miriam forced herself to keep a straight face, although the wave of relief she felt at Angbard’s leading question nearly made her go weak at the knees. “Exchange rate irregularities—or rather, the lack of them—make it hard to establish a true currency conversion rate, and I’m still looking for a means of repatriating value from the new world to the United States, but I’d have to say that expenditure to date is on the order of six hundred thousand dollars. The business in New Britain is still working toward its first contract, but that contract should be worth on the order of fifty thousand pounds. Uh, near as I can pin it down, one pound is equivalent to roughly two to three hundred dollars. So we’re looking at a return on investment of three hundred percent in six months, and that’s from a cold start.”

A buzz of conversation rippled through the hall, and Angbard made no move to quell it. The figures Miriam had come up with sounded like venture capitalist nirvana—especially with a recession raging in the other world, and NASDAQ in the dumps. “That’s by selling a product that’s been obsolete for thirty years in the U.S.,” Miriam added. “I’ve got another five up my sleeve, waiting for this first deal to provide seedcorn capital for reinvestment. In the absence of major disruptive factors—” like a war with the hidden family, she added mentally “—I figure we can be turning over ten to a hundred million pounds within ten to fifteen years. That would make us the equivalent of IBM or General Motors, simply by recycling ideas that haven’t been invented yet over there.”

The buzz of conversation grew louder. “I’ve done some more spreadsheet work,” Miriam added, now more confident. “If we do this, we’ll push the New British economic growth rate up by one or two percent per annum over its long-term average. We could do the same, though, importing intermediate technologies from there to here. There’s no point trying to train nuclear engineers or build airports in the Gruinmarkt, not with a medieval level of infrastructure, and a lot of the technologies up for sale in the U.S. are simply too far ahead to use here. Those of you who’ve wired up your estates will know what I’m talking about. But we can import tools and ideas and even teachers from New Britain, and deliver a real push to the economy over here. Within thirty years you could be traveling to your estates by railway, your farmers could be producing three times as much food, and your ships could dominate the Atlantic trade routes.”

Angbard rapped his gavel on the wooden block in front of him for attention. “The chair thanks Countess Helge,” he said formally. “Are there any more questions from the floor?”

A new speaker stood up: a smooth-looking managerial type who smiled at Miriam in a friendly manner from the bench behind her grandmother. “I’d like to congratulate my cousin on her successful start-up,” he began. “It’s a remarkable achievement to come into a new world and set up a business, from scratch, with no background.” Oh shit, Miriam thought uneasily. Who is this guy, and when’s he going to drop the hammer? “And I agree completely with everything she says. But clearly, her efforts could be aided by an infusion of support and experience. If we accept her motion to transfer the new business to the Clan as a subsidiary enterprise, it can clearly benefit from sound management—”

“Which it already has,” Miriam snapped, finally getting his drift. “If you would like to discuss employment opportunities—” and a pound of flesh in return for keeping out of my way, you carpetbagger “—that’s all very well—but this is not the time and place for it. We have an immediate problem, which is relations with the sixth family. I’ll repeat my proposal; that the new business venture be recognized as a Clan business, that membership in it be open to the Clan, and that handling the lost family be considered the responsibility of this business. Can we put this to a vote?”

Oliver Hjorth made to interrupt, but Angbard caught his hand and whispered something in his ear. His eyes narrowed and he shut up.

“I don’t see why we can’t settle it now,” muttered Julius. “Show of hands! Ayes! Count them, damn your eyes. Nays!” He brought his own hammer down briskly. “The Ayes have it,” he announced. He turned to Miriam. “It’s yours.”

Is that it? Miriam wondered dumbly, feeling as if something vast and elusive had passed her by in an eyeblink while her attention was elsewhere.

“Next motion,” said Angbard. “Some of you have been misinformed that I announced that I was designating Helge as my heir. I wish to clarify the issue: I did not do so. However, I do intend to change my designated successor—to Patricia Thorold-Hjorth, my half-sister. Can anyone dispute my right to do so?” He looked around the room furiously. “No?” He nudged Julius. “See it minuted so.”

Miriam felt as if a great weight had lifted from her shoulders—but not for long. “A new motion,” said Oliver Hjorth. He frowned at Miriam. “The behavior of this long-lost niece gives me some cause for concern,” he began. “I am aware that she has been raised in strange and barbarous lands, and allowances must be made; but I fear she may do herself an injury if allowed to wander around at random. As her recent history of narrow scrapes shows, she’s clearly accident-prone and erratic. I therefore move that she be declared incompetent to sit as a member of the Clan, and that a suitable guardian be appointed—Baroness Hildegarde—”

“Objection!” Miriam turned to see Olga standing up. “Baron Hjorth, through negligence, failed to see to the subject’s security during her residence here, notionally under his protection. He is not fit to make determinations bearing on her safety.”

Oliver rounded on her in fury. “You little minx! I’ll have you thrown out on the street for—”

Bang! The gavel again. “Objection sustained,” Julius quavered.

Oliver glared at him. “Your time will come,” he growled, and subsided into grim silence.

“I am an adult,” Miriam said quietly. “I am divorced, I have created and managed a Clan subsidiary, and I am not prepared to surrender responsibility for my own security.” She looked around the hall. “If you try to railroad me out of the New London operation, you’ll find some nasty surprises in the title deeds.” She stared at Oliver: “or you can sit back and wait for the profits to roll in. It’s your choice.”


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