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The main character, a Portuguese Jew name Miguel Lienzo, has escaped the Inquisition in his native country and is living in Amsterdam in the midst of a community of Jewish refugees. Although the author refers to him as a merchant, Miguel is really an early version of the Wall Street trader, whose fortunes are won and lost via buying and selling commodities-commodities he may not even possess. Commodities exchange is a zero sum game-someone only wins if someone else loses. If you eschew this type of business venture, you may not sympathize with the protagonist.
At the beginning of the book, Miguel, a reasonably devout Jew, has lost his way financially through a series of missteps associated with a failed sugar deal. In addition, his trading has affected the welfare of several others who now view him as an enemy. Miguel is about to embark on a new enterprise involving coffee that he hopes will remake his fortune. In the meantime, while he waits to recoup his fortune, he lives in the wet basement of a canal house owned by his brother Daniel who is described as a "merchant." In addition to Daniel and Miguel, the house is occupied by Hannah, Daniel's wife (a closet Catholic), and Annetje a Dutch housemaid. Other Jewish and Dutch characters populate the book, and many of them including Miguel's business partner, a mysterious Dutch widow, elicit some interest.
The first three hundred pages of the book were well enough written that I finished the book in spite of finding the last 50 pages less than satisfying. There are too many characters, and some of the most important are not well developed. Although the plot shows some promise, I think the author failed to deliver the goods because the plot fizzles and the loose ends are clumsily handled. Everything that happens could have happened, but much of it is not plausible given the foreshadowing. It's almost as if the author became tired of his creation and decided to finish it when it was half-done.
Liss tackles a number of tough topics here: commodities speculation in the 1600s, the insularity and paranoia of the Amsterdam Jewish population, the corrupting nature of trade, and so on. He clearly knows his stuff, and I walked away from the book feeling like I had received a great history lesson, but the book never gets bogged down with details. Probably because the characters are so believable and compelling. Every character has some kind of secret agenda, but it is never what you think, and the novel's conclusion is risky, but very, very satisfying.
This is the best historical novel I've read in years. It is suspenseful, funny and addictive. Even people who don't like historicals should check it out.
Yes, the plot is convoluted. Liss succumbs to the misguided notion, rampant among mystery writers, that complexity and cleverness in plotting are necessarily synonymous. And violence, certainly, is an effective method of getting to the heart of a matter. But Weaver's reversion to violence in the last 50 pages, after struggling with his friend Elias' deductive method for hundreds of pages, seems too much a deus ex machina, as though Liss had painted himself into a corner and couldn't find a way out.
These couple of reservations aside, A Conspiracy of Paper is an engrossing historical mystery.
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I am glad that I did, however, because although this is clearly a "first," Liss tells a richly textured and, for the most part, well-researched tale. His background in both history and economics allows the author to give an interesting spin to mysteries as a genre, and to this book in particular. Despite some unnecessary phrases like the one mentioned above, he vividly conveys the atmosphere of the place and the society he describes; namely, that of 18th century London with its lawless underbelly, corrupt judges, dark alleys, ginhouses, whores and, in particular, 'Change Alley and its coffeehouses and the prejudice against "stock-jobbing" Jews. The book's narrator, ex-boxer Benjamin Weaver (born Benjamin Lienzo and formerly professionally known as "The Lion of Judah") is a compellingly drawn character. And as a comment on the volatility of the stock market and its dangers for the uninitiated, the book couldn't be more timely; even if its story ends before the actual burst of the so-called "South Sea Bubble."
Unfortunately, Liss has forsaken historical accuracy in a major way in the portrayal of Miriam, Weaver's almost-love-interest (the relationship between the two appears somewhat contrived anyway) - and he has done so against better knowledge, as he admits in the interview with fellow author Sheri Holman reproduced at the end of the book. Here, and in his representation of other women (a literate laundry lass?!) the book loses a good part of its credibility. Not only would Miriam not have had the liberty to move about in society as she does, or to freely interact with Weaver in the way that Liss portrays (not even if Weaver had unequivocally declared to his uncle his intention to marry her, which he hadn't); she also would neither legally nor socially have been able to engage in any stock transactions. Weaver's friend Elias, with his penchant to sink money into disastrous "get-rich-quick-schemes," would have been a more credible victim to the fraud perpetrated there (although arguably that inclination of Elias's is not easily reconcilable with the insightful lessons which, on the other hand, he teaches Weaver about the stock market and the "new economy"). Unfortunately, this is not just a minor and ultimately negligible aspect of the story but a key element and hence, a major detractor.
Generally speaking, though, this is a promising start, and I am looking forward to reading Liss's next book. He is clearly able to draw the reader into his story, and in a mystery, this is one of the things I am looking for the most. Given his background, I just hope next time he'll get rid of the unnecessary bywork and stay true to what he has researched and knows historical facts to be, particularly where it comes to the core elements of the story.
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