“Exactly,” said Uncle Paul, grinning, “and you’d like me to invest a thousand pounds, and nine other fools to do the same, and to appoint you manager, with a salary of three hundred and fifty pounds a year, and Amos Pengelly, the mad preacher, as your foreman, at a hundred. I saw you through a glass, you two, poking and picking about.”

“Well, I should like a hundred a year for Pengelly,” said Geoffrey, “and he’d be well worth it.”

“Oh! I did not go high enough then,” said Uncle Paul, with a sneer. “Suppose we must make it five hundred a year. Will that enlist your lordship’s services?”

“I should spend a hundred pounds first,” said Geoffrey, quietly; “that would be ten pounds apiece for ten shareholders, in carefully examining the mine and testing the lodes, and then, if I thought it really would be a good venture, I’d give my services for fifteen per cent on the profits, and take not a penny besides.”

“Wouldn’t you really?” said the old man, with an aggravating sneer, as he threw himself back in his chair. “Ha-ha-ha! There, I’m better now. Look here, Master Geoffrey Trethick, I mean some day to buy Wheal Carnac for a building plot, and to turn the engine-house into a cottage, where I can live in peace, and not be aggravated to death by seeing that jade of a niece of mine running after every good-looking, or ill-looking, fellow she sees. I’ve got a bit of money, but before I’d put a penny in a mine, I’d cash the lot, and go and sit on a rock and make ducks-and-drakes with it at high water. As for you, my lad, I don’t like you, for you’re the most confoundedly impudent fellow I ever met; but I’ll give you this bit of advice: if you can find any fools to venture their money in an adventure, fix your salary and have it paid. No percentage. There, now I’ll give you one of my best cigars.”

He got up and unlocked a desk, out of whose drawer he took a couple, and relocked the holder, when, just as he was in the act of offering one to Geoffrey, the door opened, and Madge came in, looking flushed and pleased.

“What the dev—”

“It’s a letter for Mr Trethick,” cried the girl, hastily, “from Mr Penwynn, and it says ‘important.’”

“Then you should have sent it in,” cried the old man, shaking his fist at her.

“Penwynn—to see me this morning—important business,” read Geoffrey, flushing with pleasure. “Then,” he said aloud, “the tide has turned.”