ck in his chair gazing at the weather-cracked front of the
store across the street, and thinking hard. There was, he was quite
aware, a very arduous task in front of him--one that he shrank from at
times, for it could only be by strenuous toil that he could succeed in
lowering the level of the river, and it was clear that if he accepted
Mutton's offer, his share of the proceeds would not be a large one.
Still, he must have more capital than he could see the means of
raising, and once or twice he was on the point of signifying his
concurrence. His face grew grimmer, and he straightened himself a
trifle, but he did not see that the man who could supply the money was
watching him with a smile.

Then it seemed to Nasmyth that he heard a footstep in the room behind
him, but it was not particularly noticeable, and Hutton touched his
arm.

"Well," said the promoter, "I'll just run over our terms again." He
did so rapidly, and added: "If that doesn't take you, we'll call it
off."

Nasmyth made a gesture which was vaguely expressive of resignation,
and in another moment would have closed the bargain, but the footsteps
grew plainer, and, as he turned round, Acton appeared at the open
window close behind them. He stood still, looking at them with
amusement in his shrewd eyes, and then, stepping out, dropped heavily
into the nearest chair.

"Not through yet? I want a drink," he said.

It was probably not often that Hutton was disconcerted, but Nasmyth
saw his fingers close sharply on his cigar, which crumpled under them,
and that appeared significant to him. Acton looked round again as he
filled his glass.

"When you're ready we'll go along," he suggested. "You can worry out
anything Hutton has put before you to-night. When I've a matter of
consequence on hand, I generally like to sleep on it."

Nasmyth rose and turned to Hutton. "I don't want to keep Mr. Acton,
and I'm afraid I can't decide just yet," he said. "I'll let you know
when I make up my mind."

Hutton made a sign of concurrence, but there was a suggestive frown on
his face, when he leaned upon the balustrade, as Nasmyth and Acton
went down the stairway together. When they were half-way down the
street, Acton looked at Nasmyth with a dry smile.

"Well," he commented, "you have still got most of the wool on you?"

Nasmyth laughed, but there was relief in his voice.

"I was very nearly doing what I think would have been an unwise
thing," he said. "It was fort