'Dear Jim,—Have you quite forgotten me? I have been hoping every evening that you would come across for a chat. But you never put in an appearance. I suppose you have been too busy mustering lately to have any time to spare for visiting. If you are likely to be at home to-morrow evening, will you come across to supper at eight?—Yours ever,

'Pete.

'P.S.—By the way, would it be convenient to you to let me have that £100? I am sending down to Sydney, and being a trifle short it would just come in handily for a little speculation I have on hand.'

Telling the boy to inform his master that I would come over and see him first thing in the morning, I returned to my own room and went to bed—but not to sleep.

Next morning I saddled my horse and rode over as I had promised. When I arrived at the house, Whispering Pete was in the stable at the rear examining a fine chestnut horse that had just arrived. As soon as he saw me he looked a little confused I thought, and came out, carefully closing the door behind him. From the stable we passed into the house and to the sitting-room, where Pete bade me be seated.

'I was beginning to fear I had offended you in some way, and that you wished to avoid me,' he began, as he offered me a cigarette.

'So I did,' I answered boldly, 'and it's on account of that wretched money. Pete, I'm in an awful hole. I cannot possibly pay you just yet. To tell you the honest truth, at the present moment I haven't a red cent in the world, and I feel just about the meanest wretch in all Australia.'

He gave his shoulders a peculiar twitch, as was his habit, and then rose to his feet, saying as he did so,—

'And so you've worked yourself into this state about a paltry hundred pounds. Well, if I'd been told it by anybody else I'd not have believed it. Come, come, Jim, old man, if that debt worries you, we'll strike it off the books altogether. Thank God, I can safely say I'm not a money-grubber, and, all things considered, I set a greater value on your society than on twice a hundred pounds. So there that's done with, and you must forget all about it!'

Generous as was his speech I could not help thinking there was something not quite sincere about it. However, he had lifted a great weight off my mind, and I thanked him profusely, at the same time telling him I should still regard myself as in his debt, and that I would repay him on the first possible opportunity.