Mr. Belcher had long desired to have a hand in this new business. To see a great speculation pass by without yielding him any return was very painful to him. During his brief stay in New York he had been approached by speculators from the new field of promise; and had been able by his quick wit and ready business instinct to ascertain just the way in which money was made and was to be made. He dismissed them all, for he had the means in his hands of starting nearer the sources of profit than themselves, and to be not only one of the "bottom ring," but to be the bottom man. No moderate profit and no legitimate income would satisfy him. He would gather the investments of the multitude into his own capacious pockets, or he would have nothing to do with the matter. He would sweep the board, fairly or foully, or he would not play.

As he traveled along westward, he found that the company was made up of men whose tickets took them to his own destination. Most of them were quiet, with ears open to the few talkers who had already been there, and were returning. Mr. Belcher listened to them, laughed at them, scoffed at their schemes, and laid up carefully all that they said. Before he arrived at Corry he had acquired a tolerable knowledge of the oil-fields, and determined upon his scheme of operations.

As he drew nearer the great center of excitement, he came more into contact with the masses who had gathered there, crazed with the spirit of speculation. Men were around him whose clothes were shining with bitumen. The air was loaded with the smell of petroleum. Derricks were thrown up on every side; drills were at work piercing the earth; villages were starting among stumps still fresh at the top, as if their trees were cut but yesterday; rough men in high boots were ranging the country; the depots were glutted with portable Steam-engines and all sorts of mining machinery, and there was but one subject of conversation. Some new well had begun to flow with hundreds of barrels of petroleum per diem. Some new man had made a fortune. Farmers, who had barely been able to get a living from their sterile acres, had become millionaires. The whole region was alive with fortune-hunters, from every quarter of the country. Millions of dollars were in the pockets of men who were ready to purchase. Seedy, crazy, visionary fellows were working as middle-men, to talk up schemes, and win their bread, with as much more as they could lay their hands on. The very air was charged with the contagion of speculation, and men seemed ready to believe anything and do anything. It appeared, indeed, as if a man had only to buy, to double his money in a day; and half the insane multitude believed it.

Mr. Belcher kept himself quiet, and defended himself from the influences around him by adopting and holding his scoffing mood. He believed nothing. He was there simply to see what asses men could make of themselves; but he kept his ears open. The wretched hotel at which he at last found accommodations was thronged with fortune-seekers, among whom he moved self-possessed and quite at home. On the second day his mood began to tell on those around him. There were men there who knew about him and his great wealth—men who had been impressed with his sagacity. He studied them carefully, gave no one his confidence, and quietly laid his plans. On the evening of the third day he returned to the hotel, and announced that he had had the good fortune to purchase a piece of property that he proposed to operate and improve on his own account.

Then he was approached with propositions for forming a company. He had paid fifty thousand dollars for a farm—paid the money—and before morning he had sold half of it for what he gave for the whole, and formed a company with the nominal capital of half a million of dollars, a moiety of the stock being his own at no cost to him whatever. The arrangements were all made for the issue of stock and the commencement of operations, and when, three days afterward, he started from Titusville on his way home, he had in his satchel blank certificates of stock, all signed by the officers of the Continental Petroleum Company, to be limited in its issue to the sum of two hundred and fifty thousand dollars. He never expected to see the land again. He did not expect that the enterprise would be of the slightest value to those who should invest in it. He expected to do just what others were doing—to sell his stock and pocket the proceeds, while investors pocketed their losses. It was all an acute business operation with him; and he intended to take advantage of the excitement of the time to "clean out" Sevenoaks and all the region round about his country home, while his confreres operated in their own localities. He chuckled over his plans as if he contemplated some great, good deed that would be of incalculable benefit to his neighbors. He suffered no qualm of conscience, no revolt of personal honor, no spasm of sympathy or pity.

As soon as he set out upon his journey homeward he began to think of his New York purchase. He had taken a bold step, and he wished that he had said something to Mrs. Belcher about his plans, but he had been so much in the habit of managing everything in his business without consulting her, that it did not occur to him before he started from home that any matter of his was not exclusively his own. He would just as soon have thought of taking Phipps into his confidence, or of deferring to his wishes in any project, as of extending those courtesies to his wife. There was another consideration which weighed somewhat heavily upon his mind. He was not entirely sure that he would not be ashamed of Mrs. Belcher in the grand home which he had provided for himself. He respected her, and had loved her in his poor, sensual fashion, some changeful years in the past; he had regarded her as a good mother, and, at least, as an inoffensive wife; but she was not Mrs. Dillingham. She would not be at home in the society of which he had caught a glimpse, or among the splendors to which he would be obliged to introduce her. Even Talbot, the man who was getting rich upon the products of his enterprise, had a more impressive wife than he. And thus, with much reflection, this strange, easy-natured brute without a conscience, wrought up his soul into self-pity. In some way he had been defrauded. It never could have been intended that a man capable of winning so many of his heart's desires as he had proved himself to be, should be tied to a woman incapable of illuminating and honoring his position. If he only had a wife of whose person he could be proud! If he only had a wife whose queenly presence and manners would give significance to the splendors of the Palgrave mansion!

There was no way left for him, however, but to make the best of his circumstances, and put a brave face upon the matter. Accordingly, the next morning after his arrival, he told, with such display of enthusiasm as he could assume, the story of his purchase. The children were all attention, and made no hesitation to express their delight with the change that lay before them. Mrs. Belcher grew pale, choked over her breakfast, and was obliged to leave the table. At the close of the meal, Mr. Belcher followed her to her room, and found her with dry eyes and an angry face.

"Robert, you have determined to kill me," she said, almost fiercely.

"Oh, no, Sarah; not quite so bad as that."

"How could you take a step which you knew would give me a life-long pain? Have I not suffered enough? Is it not enough that I have ceased practically to have a husband?—that I have given up all society, and been driven in upon my children? Am I to have no will, no consideration, no part or lot in my own life?"