“So you have been examining the old ‘White Virgin’ mine, eh?” said Major Gurdon. “I heard it was sold. A new company, eh?”

“Yes,” said Reed, smiling; “a new company—a solid one.”

“Eh? I hope so. But if I had to go in for a mining adventure, I think I should begin here with the material the old miners cast away as rubbish.” He pointed to the great buttress they were skirting. “There it is, already extracted from the mountain, and though poor, rich enough, I should say, to pay a company if worked with modern appliances.”

“You understand these things?” said Reed, looking at his elderly companion searchingly, and noting how deeply lined his brow seemed, and that care and sorrow more than age had given him his hollow-cheeked, anxious air.

“A man who likes geology, mineralogy, and who always lives among these hills, cannot help picking up a little mining lore,” said the Major, with a smile. “I have searched and toiled, my dear sir—much loss and little gain. I hope yours may prove to be a successful venture.”

“Let’s hope so,” said Reed quietly. “All mining is speculative, and in speculative matters there must be losses as well as gains.”

“And after all, what does it amount to, my young friend? The chase of a will o’ the wisp who bears a golden lamp not worth the winning, you will say when you grow as old as I. But there, I shall bore you with this twaddle. What do you say to that for a view? Derbyshire in front; broad, honest, hardworking old Yorkshire away to your right; at your feet the Swirl—my river, I call it.”

“A lovely prospect, but rather wild,” said Reed, smiling.

“Say savage, and you will be nearer the truth; but I can show you something a little less stern;” and, chatting away pleasantly, he led on along first one slope and then another, till at last they came down upon a narrow track beside a rippling stream, shut in between two perpendicular walls of rock, draped with ivy, and with every cleft and crevice green and bright with trailing birch, moss, and clustering fern.

The water of the little river ran swiftly babbling here among the rocks, there swirling round, eddying and forming whirlpools, one of which, across the river where it washed the perpendicular rock, was evidently very deep, for the water gradually subsided there and grew still and glassy, reflecting the ivy-curtained walls as it slowly glided round.