Next day brought the Admiral a cheque for L5,000 from Mr. McAdam, and

a stamped agreement by which he made over his pension papers to the

speculative investor. It was not until he had signed and sent it off

that the full significance of all that he had done broke upon him. He

had sacrificed everything. His pension was gone. He had nothing save

only what he could earn. But the stout old heart never quailed.

He waited eagerly for a letter from the Saint Lawrence Shipping Company,

and in the meanwhile he gave his landlord a quarter's notice. Hundred

pound a year houses would in future be a luxury which he could not

aspire to. A small lodging in some inexpensive part of London must be

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the substitute for his breezy Norwood villa. So be it, then! Better that

a thousand fold than that his name should be associated with failure and

disgrace.

On that morning Harold Denver was to meet the creditors of the firm,

and to explain the situation to them. It was a hateful task, a degrading

task, but he set himself to do it with quiet resolution. At home they

waited in intense anxiety to learn the result of the meeting. It was

late before he returned, haggard pale, like a man who has done and

suffered much.

"What's this board in front of the house?" he asked.

"We are going to try a little change of scene," said the Admiral. "This

place is neither town nor country. But never mind that, boy. Tell us

what happened in the City."

"God help me! My wretched business driving you out of house and home!"

cried Harold, broken down by this fresh evidence of the effects of his

misfortunes. "It is easier for me to meet my creditors than to see you

two suffering so patiently for my sake."

"Tut, tut!" cried the Admiral. "There's no suffering in the matter.

Mother would rather be near the theaters. That's at the bottom of it,

isn't it, mother? You come and sit down here between us and tell us all

about it."

Harold sat down with a loving hand in each of his.

"It's not so bad as we thought," said he, "and yet it is bad enough.

I have about ten days to find the money, but I don't know which way to

turn for it. Pearson, however, lied, as usual, when he spoke of L13,000.

The amount is not quite L7,000."

The Admiral claped his hands. "I knew we should weather it after all!

Hurrah my boy! Hip, hip, hip, hurrah!"




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