"I suppose," said Joe, concluding his minatory exercises, and reaching for a cigar from the silver box which stood on the table midway between the two, "I suppose we couldn't hold Billing to his contract. Have you seen Cole about it, Fred?"
The other nodded slowly.
"Cole says that there is no contract. Billing offered to buy the ships, and meant to buy them, undoubtedly; but Cole says that if you took Billing into court, the judge would chuck his pen in your eye."
"Would he now?" said Joe, one of whose faults was that he took things literally. "But perhaps if you took Billing out to dinner, Fred——"
"He's a vegetarian, Joe"—he reached in his turn for a cigar, snipped the end and lit it—"and he's deaf. No, we've got to find a sucker, Joe. I can sell the Fairy May and the Fairy Belle: they're little boats, and are worth money in the open market. I can sell the wharfage and offices and the goodwill——"
"What's the goodwill worth, Fred?"
"About fivepence net," said the gloomy Fred. "I can sell all these, but it is the Fairy Mary and the Fairy Tilda that's breaking my heart. And yet, Joe, there ain't two ships of their tonnage to be bought on the market. If you wanted two ships of the same size and weight, you couldn't buy 'em for a million—no, you couldn't. I guess they must be bad ships, Joe."
Joe had already guessed that.
"I offered 'em to Saddler, of the White Anchor," Fred went on, "and he said that if he ever started collecting curios he'd remember me. Then I tried to sell 'em to the Coastal Cargo Line—the very ships for the Newcastle and Thames river trade—and he said he couldn't think of it now that the submarine season was over. Then I offered 'em to young Topping, who thinks of running a line to the West Coast, but he said that he didn't believe in Fairies or Santa Claus or any of that stuff."
There was silence.