“You’ve got to be brave.”

At his words my heart sank. My eyes retreated from his face. I wanted to lengthen out the minutes until I should know the worst.

“My boy, your Uncle Obad’s gone to smash. We’ve lost everything.”

He seated himself at the table, his head supported on his hand. He had tried to speak in a matter-of-fact manner, as much as to say, “Of course this is just what we all expected.” But I could see that hope had gone out of him. I wanted to say something decent and comforting; but everything that came to me seemed too grandiloquent. There was nothing adequate that could be said. Florence, realization of dreams, respite from drudgery—all the happiness that money alone could purchase and that had seemed so accessible, was now placed apparently forever beyond reach of his hand.

He took his pen from behind his ear and commenced aimlessly stabbing the blotting-pad.

He spoke again, looking away from me. “That money was yours. I saved it for you. It was for giving you a chance in the world. I ought to have known that your uncle wasn’t to be trusted—he’s never been able to earn a living by honest work. But there, I don’t blame him as much as I blame myself. I must have been mad.”

“Shan’t we get anything back?”

He shook his head. “This fellow Rapson is a common swindler, from what I can make out. He simply used your uncle. He may never have had any diamond mines. If he had, they were worthless. He doesn’t appear to have had any capital except what he got by your uncle selling his shares. He paid his one dividend last summer in order to tempt investors, and now he’s decamped. We shan’t see a penny back.”

I tried to tell him that he needn’t worry for my sake—I could work.

“Yes, yes,” he said, “that’s why I sent for you. Of course your fees are all paid for this term; but if you’ve got to enter the commercial world, the sooner the better. You’ve come to an age when every day spent at school is a day wasted, unless you’re going to enter a profession. You can’t get a University education without money and, in any case, it’s worse than valueless unless you have the money to back it.”