The Doings of Raffles Haw

The Doings of Raffles Haw is an imaginative novella blending utopian sci-fi and moral fable. The story follows the enigmatic Mr. Raffles Haw, a reclusive millionaire-alchemist who settles in a small English town. There, he befriends the McIntyre siblings and astounds the community with acts of philanthropy made possible by his secret invention: Haw has discovered a way to manufacture limitless gold.
At first, his boundless wealth is a boon - he builds splendid halls, eradicates poverty, and attempts to create a little paradise on Earth. Yet as the "doings" of Raffles Haw continue, unforeseen consequences emerge. The sudden flow of gold warps people's motives, and Haw himself grows disillusioned with how riches cannot truly buy happiness or virtue. The tale takes a darker turn when a personal tragedy (involving romantic heartbreak and a death possibly caused by misguided generosity) drives Haw to despair.
Ultimately, he destroys his gold-making apparatus and vanishes, leaving a letter lamenting the corrupting power of money and the limits of idealism. Doyle uses this cautionary tale to explore themes of wealth, human nature, and the folly of playing Providence. The Doings of Raffles Haw engages the reader with its mix of speculative invention and earnest morality, years before similar "riches-to-ruin" tropes became common in fantasy literature.