“I’m glad I brought you across,” he broke out. “You have a way of getting hold of folks, making them believe in you. Hartley hasn’t a word in writing, but he knows you mean to act square with him. Kitty felt the same thing—it was why she came down in the sloop with you.”

Vane smiled, though there was a trace of embarrassment in his manner. “Now you mention it, you were equally confiding. We have only arrived at a rather indefinite understanding about your share yet.”

“We’ll leave it at that,” said the other. “I haven’t struck anybody else in this city who would hear about the thing. Anyway, I’d prefer a few shares in the concern, as mentioned, instead of money. If you get the thing on foot, I guess it will go.”

During the rest of the day Vane was busy on board the sloop, but in the evening he walked over to Horsfield’s house with Mrs. Nairn, and found Jessie and her brother at home. Horsfield presently took him to his smoking-room.

“About that smelter,” he said. “Haven’t you make your mind up yet?”

“Isn’t it a matter for the board?” Vane asked suggestively. “There are several directors.”

Horsfield laughed. “We’ll face the fact; they’ll do what you decide upon.”

Vane did not reply to this. “Well,” he said, “at present we couldn’t keep a smelter big enough to be economical going, and I’m doubtful if we would get much ore from the other properties you were talking to Nairn about.”

“Did he say it was my idea?”

“He didn’t: I’d reasons for assuming it. Those properties, however, are of no account.”