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e silence to address any casual remarks to the companion glow of the volcano. He was not mad. Queer chap--yes, that may have been said, and in fact was said; but there is a tremendous difference between the two, you will allow. On the nights of full moon the silence around Samburan--the "Round Island" of the charts--was dazzling; and in the flood of cold light Heyst could see his immediate surroundings, which had the aspect of an abandoned settlement invaded by the jungle: vague roofs above low vegetation, broken shadows of bamboo fences in the sheen of long grass, something like an overgrown bit of road slanting among ragged thickets towards the shore only a couple of hundred yards away, with a black jetty and a mound of some sort, quite inky on its unlighted side. But the most conspicuous object was a gigantic blackboard raised on two posts and presenting to Heyst, when the moon got over that side, the white letters "T. B. C. Co." in a row at least two feet high. These were the initials of the Tropical Belt Coal Company, his employers--his late employers, to be precise. According to the unnatural mysteries of the financial world, the T. B. C. Company's capital having evaporated in the course of two years, the company went into liquidation--forced, I believe, not voluntary. There was nothing forcible in the process, however. It was slow; and while the liquidation--in London and Amsterdam--pursued its languid course, Axel Heyst, styled in the prospectus "manager in the tropics," remained at his post on Samburan, the No. 1 coaling-station of the company. And it was not merely a coaling-station. There was a coal-mine there, with an outcrop in the hillside less than five hundred yards from the rickety wharf and the imposing blackboard. The company's object had been to get hold of all the outcrops on tropical islands and exploit them locally. And, Lord knows, there were any amount of outcrops. It was Heyst who had located most of them in this part of the tropical belt during his rather aimless wanderings, and being a ready letter-writer had written pages and pages about them to his friends in Europe. At least, so it was said. We doubted whether he had any visions of wealth--for himself, at any rate. What he seemed mostly concerned for was the "stride forward," as he expressed it, in the general organization of the universe, apparently. He was heard by more than a hundred persons in the islands talking of a "great st
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