There was as yet no knowledge of the calamity in London.

My friend seemed to have noticed me; at any rate a new and somewhat anxious look was apparent on his face. With a firm and decided step I crossed the road to greet him, and when he saw me he was all at his ease. He told me that my seat had been especially asked for, and that a higher price had been offered; but a bargain, he said, was a bargain, and so we fell to chatting. When I mentioned, among other subjects, the very great success of his enterprise, he gave a slight start, which did honour to his heart; but he was of too stern a mould to give way. He was of the temper of the Pioneers.

I assured him at once that it was very far from my intention to reproach him for the talents which he had used with so much ability and energy. I pointed out to him that even if I desired to injure him, which I did not, it would be impossible for me, or for any one, to trace more than half a dozen, at the most, of his numerous clients.

It is frequently the case that men of small business capacity will perceive some important element in a commercial problem which escapes the eyes of Genius; and I could see that this simple observation of mine had relieved him almost to tears.

Before he could thank me, a newsboy appeared with a very large placard, upon which was written

"POSTPONED."

In a moment his mind grasped the whole meaning of that word; but he went out with a steady step, and paid the sixpence which the newsboy demanded. Even in that uncomplaining action, the uncomplaining forfeiture of the comparatively large sum which necessity demanded, one could detect the financial grip which is the true arbiter of the fates of nations. He needed the paper: he did not haggle about the price. He first mastered the exact words of the announcement, and then, looking up at me with a face of paper, he said:

"It is not only postponed, but all this preparation is thrown away."

I have said that I have no commercial aptitude; I admit that I was puzzled.

"Surely," said I, "this is exactly what you needed?"