I had never heard of Frank Norris. I suppose he’s one of those authors consigned to the realms of scholarship and not much read outside of it, like a lot of advocacy fiction. Having served their turn as muckraking testimony during the Progressive Era, Norris’s novels, The Pit, and its predecessor, The Octopus, fell into obscurity (although the game, Pit, is based on the novel). Norris originally planned an epic trilogy about wheat: The Octopus set in California about the production of wheat; The Pit set in Chicago about the distribution of wheat through the stock market; and The Wolf, set in Europe about the consumption of wheat. Frank Norris died suddenly, at the age of 32, and The Pit was published posthumously; Norris had not yet begun to write The Wolf.
The Plot
Laura Dearborn, in possession of a small fortune, moves to Chicago to take up residence with her sister, Page, and their Aunt Wess in the late 19th century. Laura, a beautiful and intelligent woman, finds herself the object of affection of three suitors: Landry Court, Sheldon Corthell, and Curtis Jadwin. Landry Court is a young broker working in the wheat pit of the Chicago Board of Trade. His love for Laura seems more like boyish infatuation. Sheldon Corthell is an independently wealthy artist who designs stained glass windows. He appeals to Laura’s artistic sensibilities and her attraction to romantic ideals of love. Curtis Jadwin is a self-made real estate tycoon who falls in love with Laura and single-mindedly sets out to win her against all comers.
Laura, who has resolved to love no one, tells each of her suitors to leave her alone and that she is not in love with them, nor ever will be. Landry withdraws into his job; Corthell leaves for Europe; Jadwin appears in Laura’s drawing room the next afternoon and begins his suit in earnest. Eventually, Laura assents to marry him (don’t worry, this is not a spoiler).
The Jadwins are happy at first. They have plenty of money, a fine house, a small close circle of friends and their love for each other. Then Curtis, lured by the thrill of the stock market, begins to speculate in wheat futures. Soon his speculation, his gambling, takes him away from Laura more and more. Laura, a lonely, deserted wife, suddenly finds Sheldon Corthell returned from Europe and still in love with her.
The main thrust of the plot centers on Curtis’s dealings with the stock market. He’s lucky, he’s skilled, and then he decides to try to do what no one has done: to corner the market in wheat and set his own price. The monetary gain would be staggering. The loss would be ruinous. And the wheat will either bring about his destruction or his salvation.
Elements of Style
As an author, Norris is difficult to categorize. In his seven novels he seems to flip among realism, romanticism, and naturalism, and is often compared to Emile Zola for attempting to balance all three elements in his novels. The Pit is no exception. Norris moves the narrative between scenes of gritty realism in the wheat pit and Laura’s romantic idealism and yearning for love, whether watching an opera or moping about her palatial home. Norris peppers the narrative, especially Laura’s scenes, with literary, Biblical, and musical allusions. Some of the allusions are indicated with direct quotes in the text. Many more allusions would go undetected if the reader were not inclined to look for them. The text does have endnotes explaining the allusions that might not be readily apparent to the modern reader, however, the referenced passages are not indicated in the text itself with either a footnote superscript or asterisk. I don’t like to flip back and forth from the text to the notes anyway, so I preferred to only look in the endnotes when I spotted an allusion of which I was unsure. I missed a few as well, but I don’t think this materially detracted from the text.
What I would have liked to see in the endnotes, yet did not, were explanations of some of the technical terms of the stock market. After a while, one picks up on what “selling short” means or “covering margins” but Norris assumes his readers will be familiar with these and other terms, and, so it seems, do the editors at Penguin.
Frank Norris’s novel offers commentary on the ruthlessness of late 19th century capitalism and how the boom or bust of the economy has effects that ripple outward from their perpetrators in alarming ways. Norris also deals with issues of free will vs. circumstances as well as an addict’s thirst for the next thrill, the next insurmountable object to conquer.
Norris is, unfortunately, subject to the social constructs of his time and makes plenty of statements that presume women and men are “naturally” the way they are, stereotypes that the modern reader should spot easily. In this regard, Laura’s romantic role-playing in the narrative, particularly some of her dialogue, seems forced, but maybe that’s what Norris was going for. To his credit, Norris limits his description of female sexuality as monstrous to his description of the pit itself (seriously, male authors, what are you afraid of?).
Overall
The Pit was a runaway bestseller in the early 20th century and deserves new readership especially after more recent incidents on Wall Street, like insider trading. This book remains a classic because of its psychological look at the A-type personality and the pitfalls of the idea of romantic love while delving inside the machinations of wealthy, powerful people.