“See here, Renshaw,” he burst forth at last; “we were boys together, and ought to know each other pretty well by this time. Now, I think you’re a touchy fellow on some subjects—but, hang it all, what I want to say is this—you’ve been cursed by ill-luck of late; why not try fresh ground? Now, if a thousand pounds would—er—pull your train back on to the rails again, why, there it is, and you’ve only got to say so. Eh? What? Obligation, did you say?”—the other having said nothing at all. “That be hanged! The boot’s all on the other foot!”

Renshaw was a sensitive man and a proud one, and Selwood knew it—hence the latter’s embarrassment.

“Chris, you are indeed a friend!” he answered. “I don’t know what to say—”

“Say? Say? Say—‘Done with you,’ and consider the matter settled,” fumed Selwood, cutting him short.

“I can’t say that, Chris. Just think what a run of ill-luck I have had. It would be robbing you to borrow on absolutely no security—”

“Ill-luck! Of course you have. So would any fellow who tried to farm Angoras in Great Bushman-land; and I was nearly saying—he’d deserve it,” cried Selwood, testily. “It would be different down here, with decent land and decent seasons. And there isn’t a better farmer in this colony than yourself!”

“Don’t think me ungracious,” said Renshaw, deprecatorily. “As you were saying, Chris, we have known each other all our lives, and ought to be able to speak out to each other. What I was going to say is this: Your offer is that of a true and generous friend; but were I to accept it, I should be robbing you, for I can’t give you a hundred pounds’ worth of security.”

“But I do think you ungracious,” fumed the other. “Robbing me! Security! Tut-tut-tut! Why, old fellow, you needn’t be so punctilious. Remember, you would probably have effected the sale of your place to that speculator chap in Fort Lamport the other day, but for starting off home on the spur of the moment, to protect Hilda and the rest of them against those cut-throats. And one doesn’t like to think what might have happened to them but for you,” he added, very gravely.

Now, this was a most unfortunate allusion, for, needless to say wholly unwittingly, Selwood had thereby imported a “compensation” element into his generous offer—at least, so it seemed to the other’s sensitive pride. And while acquitting his friend entirely of any such idea, Renshaw’s mind was there and then made up that by no possibility, under the circumstances, could he entertain it, and he said as much.

Selwood was deeply disappointed.