“Douglas Gaskell.”

When Mr. Gaskell returned to New York he said he had made a very careful examination of the mine, and would be willing to accept an option for it if the price were fixed at $250,000 instead of double that sum. The radical curtailment of their figures somewhat dampened the ardor of the three confederates, but finally the price was fixed at $325,000 cash, with many protests on the part of Messrs. Marble and Gilbey. Mr. Oswald had throughout taken only such interest in the matter as a friend might manifest. His name did not occur on any of the papers given Mr. Gaskell, and on this occasion as on the others, he took little part in the arrangements.

In due time the purchase money was paid over, and Messrs. Marble & Gilbey, each with $100,000 to his credit, decided that they would seize the opportunity to satisfy a long-felt ambition to explore Southern America, not in the least—they were careful to assure the cynical Oswald—because they were fearful as to what view the cold judicial eye of the law might take of their action in connection with the mine they had sold.

Mr. Oswald, who, as stated, had purposely kept in the background, and in consequence contented himself with a smaller share of the profits, remained in New York.

. . . . . . . . . . .

Six months later Messrs. Gilbey and Marble were in the city of Mexico, wearied beyond the power of words with the vaunted charms of that country, and anxious only to be once more within sight of New York. Many a time they echoed the sentiment of the city wanderer at which we smile so often, “I would rather be a lamp-post on Broadway than a king anywhere else.”

But respite was at hand. A letter to Mr. Oswald, making apparently casual inquiry as to whether he had heard anything further of the “Gold Queen” sale, elicited the following characteristic reply:

“If you are cooping yourselves up in the city of Mexico because you are afraid to return on account of any troublesome developments in the ‘Gold Queen’ business, you may as well come back at once. The Englishmen have not discovered their blunder, and I do not think they ever will. I have a good story to tell you which is worth your while to come 3,000 miles to hear. Meet me at dinner on the 8th, usual time and place, and I’ll tell you the story. There’s no place like home!”

Within three hours the two speculators were on the way to New York.

When the second bottle of champagne had been opened at Mr. Oswald’s dinner the host lit a cigar, saying he supposed they were dying to hear his story.