Curious, this novel by a novelist who has now been entirely forgotten. On the basis of this book, I'd have to say: justly so. It's not that it's a failed book so much as that it just fails to achieve greatness, or even distinction.
I'm not quite sure why. The construction is interesting. It's a portrait of two families of American merchants, the one successful, the other not. In 10 chapters we see events unfolding through the eyes of 10 different characters. However, the style of writing is the same throughout, and there's always a curious distance, whether caused by Hergesheimer's all too polished (but also rather bland) style or because he's simply not involved in his characters, it's hard to say.
And although the dramatic developments are plentiful (the son of one family brings home a Chinese wife, the son of another turns out to be an opium addict, a pater familias dies of rage, &c), in the end if feels more as if you've been watching a couple of episodes of Dallas or Dynasty, than as if you've witnessed a moving family tragedy of the kind Balzac, Mann or Faulkner could cook up. It's not drama so much as melodrama.
And what's with all the shipping terms? That's bad enough to have to plough through in a Conrad novel. Here we don't even get taken to sea with any of the characters, and still all that talk about the ships the merchants employ to get their goods from Asia to America.
So: interesting for the unexpected themes (a mixed marriage in the early years of the 20th century; a portrait of an opium junk in the days when opium was supposed to be the accepted drug of the upper classes), but not much more than that.