"The Step" (1926) is an unusual story for E.F. Benson. Instead of his usual assortment of clever and mirthful men and women laid low by spooks in country houses, coastal cottages, and modern flats, we have John Cresswell.
Creswell is an Englishman living in Alexandria, Egypt. He enjoys nothing more than profiting by sharp usurious practice against immiserated Egyptian shop keepers and small farmers. I can think of few Benson characters who more richly deserve the shattering comeuppance which ends the story.
The milieu employed recalls Somerset Maugham: Brits going to pieces while carrying-out the white man's colonial burden.
The story begins with Cresswell walking home from his club:
Pleasant thoughts beguiled his progress; the Egyptian sugar-crop, in which he was much interested, had turned out very well and he saw a big profit on his options. Not less satisfactory were other businesses in which he did not figure so openly. He lent money, for instance, on a large scale, to the native population, and these operations extended far up the Nile. Only last week he had been at Luxor, where he had concluded a transaction of a very remunerative sort. He had made a loan some months ago to a small merchant there and now the appropriate interest on this was in default: in consequence the harvest of a very fruitful acreage of sugar-cane was his. A similar and even richer windfall had just come his way in Alexandria, for he had advanced money a year ago to a Levantine tobacco merchant on the security of his freehold store. This had brought him in very handsome interest, but a day or two ago the unfortunate fellow had failed, and Cresswell owned a most desirable freehold. The whole affair had been very creditable to his enterprise and sagacity, for he had privately heard that the municipality was intending to lay out the neighbourhood, a slum at present, where this store was situated, in houses of flats, and make it a residential quarter, and his newly acquired freehold would thus become a valuable property.
At present the tobacco merchant lived with his family in holes and corners of the store, and they must be evicted to-morrow morning. John Cresswell had already arranged for this, and had told the man that he would have to quit: he would go round there in the forenoon and see that they and their sticks of furniture were duly bundled out into the street. He would see personally that this was done, and looked forward to doing so. The old couple were beastly creatures, the woman a perfect witch who eyed him and muttered, but there was a daughter who was not ill-looking, and someone of the beggared family would be obliged to earn bread. He did not dwell on this, but the thought just flitted through his brain.... Then doors would be locked and windows barred in the store that was now his, and he would lunch at the club afterwards. He was popular there; he had a jovial geniality about him, and a habit of offering drinks before they could be offered to him. That, too, was good for business.
Ten minutes' strolling brought him to the end of the shops and cafés that formed the street, and now the road ran between residential houses, each detached and with a space of garden surrounding it, where dry-leaved palms rattled in this wind from the sea. He was approaching the flamboyant Roman Catholic church, to which was attached a monastic establishment, a big white barrack-looking house where the Brothers of Poverty or some such order lived. Something to do with St. Mark, he vaguely remembered, who by tradition had brought Christianity to Egypt nearly nineteen hundred years ago. Often he met one of these odd sandal-footed creatures with his brown habit, his rosary and his cowled head going in or out of their gate, or toiling in their garden. He did not like them: lousy fellows he would have called them. Sometimes in their mendicant errands they came to his door asking alms for the indigent Copts. Not long ago he had found one actually ringing the bell of his front door, instead of going humbly round to the back, as befitted his quality, and Cresswell told him that he would loose his bulldog on the next of their breed who ventured within his garden gate. How the fellow had skipped off when he heard talk of the dog! He dropped one of his sandals in his haste to be gone, and not sparing the time to adjust it again, had hopped and hobbled over the sharp gravel to gain the street. Cresswell had laughed aloud to see his precipitancy, and the best of the joke was that he had not got any sort of dog on his premises at all. At the remembrance of that humorous incident he grinned to himself as he passed the porch of the church.
Full story here: