“It is to be out yonder, my Lord,” said he, pointing through the little window to the rugged line of rocks, over which the sea was breaking in measured rhythm.

“You don't mean there?” said Lord Culduff, half horrified.

“Yes, my Lord, there! Your Lordship is doubtless not aware that of all her Majesty's faithful lieges the speculative are the least gifted with the imaginative faculty, and to supply this unhappy want in their natures, we whose function it is to suggest great industrial schemes or large undertakings—we 'promoters,' as we are called, are obliged to supply, not merely by description, but actually pictorially, the results which success will in due time arrive at. We have, as the poet says, to annihilate 'both time and space,' and arrive at a goal which no effort of these worthy people's minds could possibly attain to. What your Lordship is now looking at is a case in point, and however little promising the present aspect of that coast-line may seem, time and money—yes, my Lord, time and money—the two springs of all success—will make even greater change than you see depicted here.”

Mr. Cutbill delivered these words with a somewhat pompous tone, and in a voice such as he might have used in addressing an acting committee or a special board of works; for one of his fancies was to believe himself an orator of no mean power.

“I trust—I fervently trust, Mr. Cutbill,” said his Lordship, nervously, “that the coal-fields are somewhat nigher the stage of being remunerative than that broken line of rock is to this fanciful picture before me.”

“Wealth, my Lord, like heat, has its latent conditions.”

“Condescend to a more commonplace tone, sir, in consideration of my ignorance, and tell me frankly, is the mine as far from reality as that reef there?”

Fortunately for Mr. Cutbill, perhaps, the door was opened at this critical juncture, and the landlord presented himself with a note, stating that the groom who brought it would wait for the answer.

Somewhat agitated by the turn of his conversation with the engineer, Lord Culduff tore open the letter, and ran his eyes towards the end to see the signature.

“Who is Bramleigh—Temple Bramleigh? Oh, I remember,—an attaché. What's all this about Castello? Where 's Castello?”