A confidence man and his equally shifty victims are characters in a satirical allegory that is meant to expose what Melville saw as the smug, mindless materialism of mid-century America. The events take place on a Mississippi steamboat on April Fool's Day, reinforcing Melville's remark (in a letter to his friend Henry Savage) that "all that happens...more
Like a microcosm of America, the Fidele, a Mississippi steamboat bound for New Orleans, floats downstream without reaching its goal, its passengers all the victims or abusers of trust or confidence. Melville's confidence man--deft, fraudulent, constantly shifting--represents a central symbol of American cultural history.