Any other business

An operation for fistula and its creative aftermath

My book Creators was finished some weeks ago and whizzed off to the publishers without my having fixed on any theory of the creative process. But the problem continues to nag at me. Take this example. In October 1841, Dickens was operated on for fistula. This piece of surgery was then horrific and extremely painful, performed without anaesthetic, of course, and often unsuccessful. Macvey Napier, editor of the Edinburgh Review, told Dickens that he had twice been ‘done’ for fistula but twice ‘bungled’, and only on the third shot had it worked: ‘My flesh still creeps at the recollection.

Hockey and hanging baskets count as risks, but now we have a real one

Risk assessment is the mantra of our time. You cannot organise a girls’ school hockey match without having to assess the risk that the combatants will bark their knuckles. The baskets of flowers that used to hang outside the Ring of Bells pub in Norton Fitzwarren have been assessed as a risk to passers-by who, if they were more than eight feet tall, might have to step into the road or bump their heads. Trustees of charities and pension funds must assess their risks or take the consequences. Much good all this did for us on the day when City and suburban life developed a new kind of hazard: the risk of being blown up on the way to work. The markets had to assess it and, in their own way, they did. They stumbled but picked themselves up, and by this week they were moving ahead.

HSBC should lend a clerk to the summit to help count the cost of biscuits

Meetings can be a substitute for work, and an expensive one, at that, which is why the thrifty bankers at HSBC had a rule about them. A note had to be kept of every meeting, and the last line of the note would read, ‘This meeting lasted for one hour and 33 minutes and is estimated to have cost £2,822.27p, including the digestive biscuits.’ The biggest item on the bill would be the time of all those present, and they might think twice before incurring it, given the chance that head office would take umbrage. Perhaps HSBC could lend Tony Blair a clerk to help him cost his summit meeting. His own time and his guests’ time would be only the start of it.

The histrionic Jane slipping in and out of the limelight

It is remarkable that the English, so reserved in their emotional displays in ordinary existence, should have always shown such capacity, even genius, for enacting them on the stage. Or perhaps it is only logical, theatre being for us an escape from our natural inhibitions. Whatever the explanation, we have led the world in acting for half a millennium now, and still do, emphatically. Such performances as Michael Gambon as Falstaff, or Eve Best as Hedda Gabler, or Laura Michelle Kelly as Mary Poppins — and these are only the outstanding examples — are not to be seen anywhere else on earth.

Jaw-jaw is better than war-war — if it’s well-mannered

International affairs would go more smoothly if leading politicians had better manners. It must be said that Tony Blair sets a good example in this respect. He is one of the most courteous men I have come across in public life and shows up his European colleagues, on the whole an ill-bred lot. During the recent acrimonious summit in Brussels he never once lost his temper or showed signs of irritation, though much provoked, and at his press briefing declined to engage in personal jibes, indeed kept his remarks deliberately impersonal in true diplomatic fashion.

Ministers propose but markets dispose — the wraps come off Project Rubicon

Apologies for absence. I was, indeed, away last week — in airports, in limousines, in meeting rooms booked under false names in secluded hotels, and in the engine-rooms of my financial advisers, urging the number-crunchers on. Secrecy was of the essence, as with all coups, and there can have been few so dramatic as this since Lionel de Rothschild backed Disraeli to scoop up the Suez Canal. Mine, too, represents a financial solution to a financial and economic problem with political overtones. This week the wraps will come off Project Rubicon. It will be a revelation to the money managers who are now scouring the world in search of trading opportunities. Conventional investment, as they know, is out of fashion.

Whatever else you do, don’t miss the bus!

Americans grumble to me that the price of cabs in London is outrageous, and they are right. I tell them to take a double-decker red bus, but they look doubtful. Too complicated? Certainly, when I am in New York, I hesitate before I take one of those convenient buses that go up and down Fifth Avenue because the drivers are so impatient and sarcastic, and when I fiddle for dimes and nickels to pay them, call out, ‘Oi, oi! Hoy Foynance! Hoy Foynance!’ Reading Thackeray’s Collected Letters the other day, I see he had the same experience with a Manhattan streetcar (horse-drawn of course) in the 1850s.

Second opinion | 18 June 2005

I went to a different prison last week, in an ancient market town, to see a man about an arson. He had set fire to a house with four of his friends — or should I say former friends (his subsequent apologies not having been accepted by them) — in it. He said that he had been under a lot of pressure lately, ever since he had discovered that his ex, the mother of his two children, was injecting herself with heroin in front of them. So was their latest stepfather, her current boyfriend. ‘What has that to do with setting fire to the house?’ I asked. He answered much as Mr Blair, or any other politician, might have answered in the circumstances. ‘I’ve never done it before,’ he said. ‘I don’t get no buzz off of starting fires.

Why Mr Duncan refuses to drop his knickers

Mr Alan Duncan, the Conservative transport spokesman, announcing in the Daily Telegraph his candidacy for the party leadership, was quoted as likening the Tories’ situation to Marks & Spencer’s: ‘...a fantastic brand in good times, but if you have a lousy CEO and lousy knickers you don’t do well, and like M&S we need both a good brand and better knickers’. The vivid analogy aroused a certain disapproval among the party’s primmer spirits. Whereupon Mr Duncan used it again a few days later.

The CAP doesn’t fit, so we won’t wear it — a family row clears the air

Nothing clears the air like a really good family row. Funerals can bring them on. Cousins and aunts, wives and husbands, even, say what they have long since thought and then think of something else to say. What with the nasty accident to Europe’s constitution, and the dawning recognition that the single currency may follow it, everyone can be drawn into the argument. Predictably, Jacques and Tony are blaming each other. It’s your fault, says Jacques, you and your precious rebate — we’ll soon fix that now. Oh, yes, Tony tells him, and what about your greedy farmers? That’s where the money goes. Cut back on the Common Agricultural Policy and we wouldn’t need a rebate. At this point, surely, a light bulb glows over his head. Who needs the CAP, anyway?

His hopes on the shelf, the PM discovers the dangers of making history poverty

The Prime Minister likes the idea of making poverty history. It gives him the chance to forget about Europe and think about Africa. Bob Geldof and his band can know that the lead singer of Ugly Rumours will be with them in the spirit, and so will any number of marginal voters who never warmed to Europe’s new currency and constitution in quite the same way. History itself may not be his strongest subject — only the other day he told us that the United States was the only country to have stood by us in 1940, a remarkable concatenation of errors of fact — and this would explain why he uses it in a dismissive sense: that’s history. So let poverty be history.

It’s an overdue jolt for Europe’s tram on the line to ever-closer union

There has to be a first time for everything, and now the French have taken my advice. ‘Allez France’, so I urged them last week, ‘votez Non, votez souvent’ — and they did. Offered Europe’s new constitution on a plate with lettuce round it, they sent it straight back like a grounded soufflé. Now I expect to be told that the soufflé’s collapse was all my fault. It has to be somebody’s. Blame is drifting round the Eurosphere like a dark cloud, looking for someone to rain on. Jacques Chirac and Tony Blair now look all set to blame each other. Eurocrats blame the folly of asking impossible questions like this, and try to pretend that the whole aberration never happened. This gambit has worked in the past, after all.

Allez France, votez Non, votez souvent, and, of course, stem Nee, stem vaak

Here we are at the moment of truth, if such a term can be applied to a French referendum. Last time round, the result was swung by boxes of Oui votes flown in from France’s ex-colonies. This time la France outre-mer has been deluged with money from Brussels. (Where does Brussels get the money? Where do you suppose?) In London, the City’s spread-betters have been making the result too close to call. The best we can say is that, when the photo-finish is developed, France may actually have voted Europe’s new constitution down and dispatched it to the mortuary. From Whitehall comes a warning, faithfully relayed in the Financial Times, that saying Non would overshadow Britain’s presidency of the European Union. That should rally the marginal voters, if anything can.

A hedge fund on your balance sheet, a cuckoo in your nest

A Scottish accountant has his own way of injecting the fear of God into his hearers. This must be one reason why Douglas Flint is finance director of HSBC, and made him the natural choice when his fellow accountants at Cima wanted someone to lecture on pensions. On the day, he came right up to proof. A company running a pension scheme, he said, might as well have a hedge fund on its balance sheet. On the backs of the necks of his City audience, hairs could be seen rising. Hedge funds, they thought: arcane, inherently risky and possibly dodgy — what were their companies doing in this sort of business?

What did Lord Cardigan and D.H. Lawrence have in common?

Lord Beaverbrook always pronounced it ‘yat’. He said, ‘Let me give you some good advice, Mr Johnson. Hesitate a long time before you buy yourself an expensive steam yat.’ There are at least 40 different ways of spelling the word, from yeagh, holke, yuath, yought, yott and yuacht, to jact, zeaghr, yoathe and zoughe. ‘And all of them expensive,’ said Lord Curzon who, like his enemy the Beaver, had burnt his fingers with these millionaires’ toys. Yet I have a hankering to own one. ‘The great thing about a yacht,’ said old Aristotle Onassis, sitting on his boat the Christina in Monte Carlo harbour nearly half a century ago, ‘is that you raise anchor and then you tell the entire world to bugger off. It’s pure freedom.

All eyes on the Bank’s weather-vane — this one could go to a recount

At last some excitement. The next vote is on Monday, and this one could go to a recount. All eyes will be on the weather-vane in the Bank of England’s Court Room, which shows its directors how the wind is blowing. Next door, in an elegant anteroom, the nine members of the Monetary Policy Committee will have to decide whether interest rates should go up. This week in Washington, the Federal Reserve Board showed the way. Last month in London, the Committee voted 7–2 to wait and see, but the two in the minority were the two Bank directors who by the nature of their work are closest to the markets. Others may have preferred to hold their fire until the election was over — not that so worldly a motive would ever be reflected in the minutes.

Why beeches are better than other trees in the woods

In his book of proverbs, Blake writes, ‘A fool sees not the same tree that a wise man sees.’ That is true enough but it is not my tree-proverb, which runs, ‘An artist sees trees he can paint.’ When I look at trees, my eyes search instinctively for paintable ones, whose trunk and branches, leaves and swagger — for every worthwhile tree has pride of ancestry and wishes to cut a bella figura — I can get down on my paper and make lovable. Trees whose portraits I can paint. Trees are the nearest things in vegetable nature to human beings, with parents and offspring and lineage and long lifespans, whose shape and appearance — and health — are influenced by heredity and accident, place and quality of nourishment.

An election won on the economy — or is it ‘vote now, pay later’?

I found the Chancellor outside his local supermarket, conducting what he called a stationary walkabout. He had brought his spaniel, which canvassed the voters by licking them: ‘I suppose,’ said one, ‘that with a dog like that, you can’t be all bad.’ On the political battleground, this was a peaceful enclave, and indeed some of his colleagues had wanted to fight the campaign without him. At one point they thought they would lose it. He rather thought that it had already been won, and by him. Later on, in his account of his time at the Treasury, he said as much: ‘An election won on the economy.’ This was Nigel Lawson, and his party was on its way, eighteen years ago, to completing a hat trick of victories.

Second opinion | 23 April 2005

There’s only one thing worse than slavery, of course, and that’s freedom. I don’t mean, I hasten to add, my own freedom, to which I am really rather attached; no, it is other people’s freedom, and what they choose to do with it, that appals me. They have such bad taste. The notion of self-expression has much to answer for. It gives people the presumptuous notion that somewhere deep inside them there is a genius trying to get out. This genius, at least round here, expresses itself mainly by drinking too much, taking drugs, tattooing its skin and piercing its body. On the whole, I think, the self is best not expressed and, like children, should be neither seen nor heard. One day, I arrived on the ward to discover an enthusiastic self-expresser in the first bed.

There’s plenty of room beside Rover in the Happier Hunting Ground

Rover has now been removed to the Happier Hunting Ground. In a brief obsequy broadcast from Birmingham, Tony Blair sympathised with the dependants. The economy was strong, he told them, good jobs were being created, and £40 million of public money had been set aside to turn Longbridge, Rover’s old home, into an industrial park. A fitting memorial, he must feel, and better than a car park. This idea is sure to be of interest to St Modwen, the property company, which is now Rover’s landlord. Desperate to keep going, Rover sold the site for £57 million and leased it back but, of course, the money ran out, as it does. St Modwen will miss the rental income — those buoyant Brummies had taken out a 35-year lease — but will dry its eyes.