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way of raising two or three hundred pounds on the security of shares which were to be allotted to him, but of which in the flesh he had as yet seen nothing. Wonderful are the ways of trade! If one can only get the tip of oneโ€™s little finger into the right pie, what noble morsels, what rich esculents, will stick to it as it is extracted!

When Melmotte sat down Fisker made his speech, and it was fluent, fast, and florid. Without giving it word for word, which would be tedious, I could not adequately set before the readerโ€™s eye the speakerโ€™s pleasing picture of worldwide commercial love and harmony which was to be produced by a railway from Salt Lake City to Vera Cruz, nor explain the extent of gratitude from the world at large which might be claimed by, and would finally be accorded to, the great firms of Melmotte & Co. of London, and Fisker, Montague, and Montague of San Francisco. Mr. Fiskerโ€™s arms were waved gracefully about. His head was turned now this way and now that, but never towards his plate. It was very well done. But there was more faith in one ponderous word from Mr. Melmotteโ€™s mouth than in all the Americanโ€™s oratory.

There was not one of them then present who had not after some fashion been given to understand that his fortune was to be made, not by the construction of the railway, but by the floating of the railway shares. They had all whispered to each other their convictions on this head. Even Montague did not beguile himself into an idea that he was really a director in a company to be employed in the making and working of a railway. People out of doors were to be advertised into buying shares, and they who were so to say indoors were to have the privilege of manufacturing the shares thus to be sold. That was to be their work, and they all knew it. But now, as there were eight of them collected together, they talked of humanity at large and of the coming harmony of nations.

After the first cigar, Melmotte withdrew, and Lord Alfred went with him. Lord Alfred would have liked to remain, being a man who enjoyed tobacco and soda and brandyโ โ€”but momentous days had come upon him, and he thought it well to cling to his Melmotte. Mr. Samuel Cohenlupe also went, not having taken a very distinguished part in the entertainment. Then the young men were left alone, and it was soon proposed that they should adjourn to the card-room. It had been rather hoped that Fisker would go with the elders. Nidderdale, who did not understand much about the races of mankind, had his doubts whether the American gentleman might not be a โ€œHeathen Chinee,โ€ such as he had read of in poetry. But Mr. Fisker liked to have his amusement as well as did the others, and went up resolutely into the card-room. Here they were joined by Lord Grasslough, and were very quickly at work, having chosen loo as their game. Mr. Fisker made an allusion to poker as a desirable pastime, but Lord Nidderdale, remembering his poetry, shook his head. โ€œOh! bother,โ€ he said, โ€œletโ€™s have some game that Christians play.โ€ Mr. Fisker declared himself ready for any gameโ โ€”irrespective of religious prejudices.

It must be explained that the gambling at the Beargarden had gone on with very little interruption, and that on the whole Sir Felix Carbury kept his luck. There had of course been vicissitudes, but his star had been in the ascendant. For some nights together this had been so continual that Mr. Miles Grendall had suggested to his friend Lord Grasslough that there must be foul play. Lord Grasslough, who had not many good gifts, was, at least, not suspicious, and repudiated the idea. โ€œWeโ€™ll keep an eye on him,โ€ Miles Grendall had said. โ€œYou may do as you like, but Iโ€™m not going to watch anyone,โ€ Grasslough had replied. Miles had watched, and had watched in vain, and it may as well be said at once that Sir Felix, with all his faults, was not as yet a blackleg. Both of them now owed Sir Felix a considerable sum of money, as did also Dolly Longestaffe, who was not present on this occasion. Latterly very little ready money had passed handsโ โ€”very little in proportion to the sums which had been written down on paperโ โ€”though Sir Felix was still so well in funds as to feel himself justified in repudiating any caution that his mother might give him.

When I.O.U.s have for some time passed freely in such a company as that now assembled the sudden introduction of a stranger is very disagreeable, particularly when that stranger intends to start for San Francisco on the following morning. If it could be arranged that the stranger should certainly lose, no doubt then he would be regarded as a godsend. Such strangers have ready money in their pockets, a portion of which would be felt to descend like a soft shower in a time of drought. When these dealings in unsecured paper have been going on for a considerable time real bank notes come to have a loveliness which they never possessed before. But should the stranger win, then there may arise complications incapable of any comfortable solution. In such a state of things some Herr Vossner must be called in, whose terms are apt to be ruinous. On this occasion things did not arrange themselves comfortably. From the very commencement Fisker won, and quite a budget of little papers fell into his possession, many of which were passed to him from the hands of Sir Felixโ โ€”bearing, however, a โ€œGโ€ intended to stand for Grasslough, or an โ€œNโ€ for Nidderdale, or a wonderful hieroglyphic which was known at the Beargarden to mean D. Lโ โ€”, or Dolly Longestaffe, the fabricator of which was not present on the occasion. Then there was the M. G. of Miles Grendall, which was

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