Authors: Brandon Sanderson
Marasi followed him down, trying to swallow that. Mistwraiths and kandra … those were things out of the Historica, not real life. Then again, once she would have said that men like Miles Hundredlives and Waxillium Dawnshot were men out of stories. They’d lived up to the legends to a surprising degree.
“So that
could
be her,” Marasi said, gesturing toward the wall separating them from the prisoner. “She could have any shape, any face! Why are you so sure this isn’t the killer?”
“Because the governor is still alive,” Waxillium said softly. “The creature who’s behind this casually murdered Winsting in a saferoom, behind a wall of guards, after intentionally starting a firefight in the room above. She wouldn’t be caught like this. It’s a taunt.” He looked to Marasi. “But I can’t be certain, not a hundred percent. So I need you to know what we’re up against.”
She nodded to him and he nodded back, then he led the way out of the stairwell and around the corner toward the interrogation room. Marasi took a bit of satisfaction in the fact that the corporal there looked to her for authorization before opening the door for Waxillium.
The poor captive inside sat with his arms tied tight, staring at the table in front of him. He muttered softly. Waxillium walked straight up to the table and took the other seat, settling down and putting his hat on the table. Marasi lingered back, where—in case they were wrong about the prisoner—she’d be out of reach but able to offer aid.
Waxillium tapped the table with his index finger, as if trying to decide what to say. The prisoner, Rian, finally looked up.
“She said you’d come talk to me,” Rian said softly.
“She?” Waxillium said.
“God.”
“Harmony?”
“No. She said I had to kill the governor. Had to attack him. I tried not to listen.…”
Waxillium narrowed his eyes. “You met her? What did she look like? What face was she wearing?”
“You can’t save him,” Rian whispered. “She’s going to kill him. She promised me freedom, but here I am, bound. Oh, Ruin.” He took a deep breath. “There is something for you. In my arm.”
“In your…” Waxillium actually seemed disturbed. Marasi took an unconscious step forward, noticing for the first time a small bulge in the prisoner’s forearm.
Before she could quote the legal problems with doing so, Waxillium stood up and took that arm, making a quick slice in the skin. He pulled something out, bloody. A coin? Marasi stepped forward again as the prisoner reached to his head with his bleeding arm and started humming to himself.
Waxillium wiped off the coin with his handkerchief. He inspected it, then turned it over. Then he grew very still, paling. He stood up suddenly. “Where did you get this?” he demanded.
Rian only continued humming.
“Where?” Waxillium demanded, grabbing the man by the front of the shirt.
“Waxillium,” Marasi said, running up, hand on his arm. “Stop.”
He looked to her, then dropped Rian.
“What is that coin?” Marasi asked.
“A message,” Waxillium said, shoving the coin in his pocket. “This man won’t know anything of use. Bleeder knew we might capture him. Do you have plans for tonight?”
She frowned. “What … why are you asking?”
“Governor’s attending a party. Steris says he won’t cancel despite what has happened, and this is the sort of thing she’s always right about. He’ll want to put up a strong front, and won’t want his political enemies to think he has anything to either hide or fear. We need to be at that party. Because I guarantee Bleeder will be.”
Young Waxillium, age twelve, looked from one coin to the other. Both bore a picture of the Lord Mistborn on the front, standing with his left arm outspread toward the Elendel Basin. On the back, each displayed a picture of the First Central Bank, in which his family owned a large stake.
“Well?” Edwarn asked. He had a stern face and perfect hair. He wore his suit like he’d been born in it—and to him it was a uniform of war.
“I…” The youthful Waxillium looked from one to the other.
“It is understandable you can’t spot the difference,” Edwarn said. “It takes an expert, which is why so few of these have been discovered. More may actually be in circulation; we can’t know how many. One of those is an ordinary coin; the other has a very special defect.”
The carriage continued rattling through the streets as Waxillium studied the coins. Then he unfocused his eyes. It was a trick he’d been taught by a friend at a party recently, used for making two drawings spring to life by overlapping them.
Eyes unfocused, coins before him, he crossed his eyes intentionally and let the images of the two coins overlap one another. When they locked into place, the element of the picture that wasn’t the same—one of the pillars on the bank building—fuzzed as his eyes were unable to focus on that point.
“The mistake happened,” Uncle Edwarn continued, “because a defective coin striker was used. One worker at the mint brought home a pocketful of these curiosities, which were never supposed to enter circulation. You won’t be able to see it, but the error—”
“It’s the pillars,” Waxillium said. “On the right side of the bank picture. They are spaced too closely.”
“Yes. How did you know that? Who told you?”
“I saw it,” Waxillium said, handing the coins back.
“Nonsense,” Uncle Edwarn said. “Your lie is not a believable one, but I can respect your attempt at hiding your source.” He held up one of the coins. “This is the most valuable defective coin in Elendel history. It’s worth as much as a small house. Studying it taught me something important.”
“That rich people are foolish? They’ll pay more money for a coin than it’s worth?”
“All people are foolish, just in different ways,” Uncle Edwarn said offhandedly. “That lesson I learned elsewhere. No, this coin showed me a harsh but invaluable truth. Money is meaningless.”
Waxillium perked up. “What?”
“Only expectation has value as currency, Waxillium,” Uncle Edwarn said. “This coin is worth more than the others because people
think
it is. They
expect
it to be. The most important things in the world are worth only what people will pay for them. If you can raise someone’s expectation … if you can make them
need
something … that is the source of wealth. Owning things of value is secondary to creating things of value where none once existed.”
The carriage stopped. Outside, an intimidating flight of stone steps led up to the very bank pictured on the coin. Uncle Edwarn waited for the coachman to open his door, but Waxillium hopped down on his own.
Uncle Edwarn met him on the steps. “Your father,” Uncle said, “is hopeless with economics. I have worked on him for years, but he cannot—or will not—learn. I have great expectations of you, Waxillium. Banking is not your only option for serving your house. However, after today I suspect you will recognize it as the best one.”
“I’m not going to be a banker,” Waxillium said, climbing the steps.
“Oh? You have your eye on administering the teamsters after all?”
“No,” Waxillium said. “I’m going to be a hero.”
His uncle chose not to reply immediately as they approached the top of the steps. Finally, he said softly, “You are twelve years old, and you still speak of this? I expect such foolishness from your sister, but your father should have beaten it out of you by now.”
Waxillium turned defiant eyes up at his uncle.
“The day of heroes has passed,” Uncle Edwarn said. “The stories of people breaking out of history belong to another world. We have reached an era of modernism, both louder and more silent at the same time. You watch. Where once kings and warriors shaped the world, now quiet men in offices will do the same—and do it far, far more effectively.”
They entered the bank lobby, which had a low ceiling and a wall of cagelike bars with hunched-over people inside who received or disbursed cash from or to those who waited in lines. Waxillium’s uncle led him around to the back. The dark wood furnishings and mold-colored rug made it feel like dusk in the room, even with windows open and gas lamps burning.
“There are two appointments today I wanted you to observe,” Uncle Edwarn said as they entered a long, unadorned room. The chairs faced the wall; this was a viewing room, a place to spy upon meetings in the bank. His uncle gestured for him to sit, then pulled aside a panel in the wall, revealing a glass slit that let them see the two people in the next room. One was a male banker in a vest and slacks. He sat at an imposing desk, speaking with a middle-aged man in dusty clothing, holding a felt cap in his fingers.
“The loan will help us move up,” the dirty man said. “Get a place out of the slums. I have three sons. We’ll work hard, I promise you we will.”
The banker looked down his nose at the man, then riffled through papers. Uncle Edwarn closed the slit, surprising Waxillium with the abrupt motion. His uncle rose and Waxillium followed, moving to another set of chairs along the same wall. A second spy slit let them look in on another room similar to the first. A female banker in vest and skirt sat behind a similarly intimidating desk. The patron, however, was tall, clean, and relaxed.
“Are you certain you need
another
boat, Lord Nikolin?” the banker asked.
“Of course I’m certain. Would I bother coming here if I weren’t serious? Honestly. You people should allow my steward to make these arrangements. That’s what stewards are
for,
after all.”
Uncle Edwarn closed the slit with a quiet snap, then turned to Waxillium. “You are watching a revolution.”
“A revolution?” Waxillium asked. He’d studied banking—well, he’d been forced to study it by his tutors. “This sounds like what happens every day at a bank.”
“Ah,” Uncle Edwarn said. “You know all this already. And to which of these men will we give a loan?”
“The rich one,” Waxillium said. “Assuming he’s not lying or acting somehow.”
“No, Nikolin is legitimately wealthy,” Uncle Edwarn said. “He has banked with us numerous times in the past, and he never misses his payments.”
“So you’ll loan money to him and not the other.”
“Wrong,” Uncle Edwarn said. “We’ll lend to both.”
“You’ll use the good credit of the rich man to underwrite the risk of helping the poor man?”
Uncle Edwarn seemed surprised. “Your tutors have been diligent.”
Waxillium shrugged, but inwardly he found himself growing interested. Perhaps this was a way to become a hero. Maybe Uncle Edwarn was right and the frontier was shrinking, the need for men of action vanishing. Maybe this new world wasn’t at all like the one that the Ascendant Warrior and the Survivor had lived in.
Waxillium could carefully balance risks, and give money to those who needed it. If men in suits would someday run the world, couldn’t they also make it a better place?
“Your assessment is correct on one hand,” Uncle Edwarn said, oblivious to the direction Waxillium had been thinking, “but flawed on the other. Yes, we will lend to the poor man—but we will not accept risk to do so.”
“But—”
“The papers our banker is now presenting will tie the laborer in debt that is impossible to escape. If he fails to meet payments, his signature on that paper will allow us to go directly to his employer and take a percentage of his wages. If that isn’t enough, we can do the same for his sons. The rich man has banked with us many times, and his house negotiated favorable terms. We will earn barely three percent on what we lend him. But the laborer is desperate, and no other bank will consider him. He’ll pay us
twelve
percent.”
Uncle Edwarn leaned in. “The other banks don’t see it yet. They lend safely, and safely only. They have not changed as the world has. Workers earn more now than they ever did, and they’re hungry to pay for things once outside their reach. In the last six months we have pushed aggressively to lend to the common people of the city. They flock to us, and will soon make us very, very wealthy.”
“You’ll make slaves of them,” Waxillium said, horrified.
His uncle took out the error coin and set it on the counter beside Waxillium. “This coin is a mistake. An embarrassment. Now it is worth more than thousands of its companions combined. Value created where none once existed. I will take the poor of this city and make of them the same thing. As I said, a revolution.”
Waxillium felt sick.
“The coin is for you,” Uncle Edwarn said, standing. “I wish it to be a reminder. The gift that will—”
Waxillium snatched the coin off the counter, then bolted out the door.
“Waxillium!” his uncle called.
The bank was a labyrinth, but Waxillium found his way. He burst into the small room where the poor man sat in consultation with the loan officer. The laborer looked up from the stack of papers; he’d be barely literate. He wouldn’t even know what he was signing.
Waxillium set the coin down on the desk before him. “This is a misprinted coin, something that collectors covet. Take it, sell it at a curiosities shop—don’t take less than two thousand for it—and use the money to move your family out of the slum. Don’t sign those documents. They’ll be like a chain around your neck.”