"As to our speculation, it is, of course, all up. Even when the Russian business proves to be a hoax, the price of stones will remain very low on account of these new fields. It is possible that we may sell our lot at some small profit but it won't be the royal road to a fortune that you prophesied, nor will it help the firm out of the rut into which you have shoved it. My only regret in leaving Africa like this is that that vermin Williams will have no one to prosecute him. My head is almost well now." This letter was a rude shock to the African merchant. Within a week of the receipt of it his son Ezra, gloomy and travel-stained, walked into the sanctum at Fenchurch Street and confirmed all the evil tidings by word of mouth. The old man was of too tough a fibre to break down completely, but his bony hands closed convulsively upon the arms of the chair, and a cold perspiration broke out upon his wrinkled forehead as he listened to such details as his son vouchsafed to afford him. "You have your stones all safe, though?" he stammered out at last. "They are in my box, at home," said Ezra, gloomy and morose, leaning against the white marble mantelpiece. "The Lord knows what they are worth! We'll be lucky if we clear as much as they cost and a margin for my expenses and Langworthy's. A broken head is all that I have got from your fine scheme." "Who could foresee such a thing?" the old man said plaintively. He might have added Major Clutterbuck's thousand pounds as another item to be cleared, but he thought it as well to keep silent upon the point. "Any fool could foresee the possibility of it," quoth Ezra brusquely. "The fall in prices is sure to be permanent, then?" the old man asked. "It will last for some years, any way," Ezra answered. "The Jagersfontein gravel is very rich, and there seems to be plenty of it." "And within a few months we must repay both capital and interest. We are ruined!" The old merchant spoke in a broken voice, and his head sank upon his breast. "When that day comes," he continued, "the firm which has been for thirty years above reproach, and a model to the whole City, will be proclaimed as a bankrupt concern. Worse still, it will be shown to have been kept afloat for years by means which will be deemed fraudulent. I tell you, my dear son, that if any means could be devised which would avert this--_any_ means--I should not hesitate to adopt them. I am a frail old man, and I feel that the short balance of my life would be a small thing for me to give in return for the assurance that the work which I have built up should not be altogether thrown away." "Your life cannot affect the matter one way or the other unless it were more heavily insured than it is," Ezra said callously, though somewhat moved by his father's intensity of manner. "Perhaps there is some way out of the wood yet," he added, in a more cheerful tone.