“That's unfortunate, for yesterday's news gives further revelations of the smash, which is the very worst that has occurred in the Colonies. Every one thought that Dacre's bank was as solid as the rock of Gibraltar.”
This intelligence disturbed Gerrard greatly—so much so that after lunch he sent a telegram to Westonley's Melbourne agents—who were also his own—and asked them if they could tell him how his sister would be affected by the collapse of Dacre's. In a few hours he received an answer—“Deeply regret to say everything will be swept away.”
“Poor Lizzie!” he said to Lacey after dinner, as they sat on the verandah smoking; “this will be terrible news for her—if she does not already know of it. Thank God, I can help her to some extent,” and he meant to “help” her by giving her Kaburie, for which he had only a few days previously sent Mrs Tallis a draft upon his bankers for six thousand pounds.
“You were lucky not to have had anything in Dacre's.”
“Very, for Westonley was always cracking it up to me. He urged me strongly only six months ago to buy a hundred shares—a pretty hole I should be in now if I had taken the poor fellow's advice.”
“Yes, indeed. But no one ever dreamt of Dacre's being anything but one of the soundest banks in the world It is a blackguardly affair—a cruel, shameless fraud—and I hope that the men who are responsible for it will each get seven years' hard labour.”
“They deserve it I suppose that Westonley, with Marumbah Downs, and Comet Vale, and the funds he had in Dacre's was worth a hundred thousand at least; and now my poor sister and little Mary Rayner will be absolutely penniless. Thank heaven, I did not take his advice, but stuck to the Capricornian Pastoralists' Bank.”
The editor of the Clarion gasped and dropped his cigar. But he quickly recovered himself, and turning his face away from Gerrard, puffed out volumes of smoke most energetically, considering what he should do. He soon decided. “Better tell him the grim truth at once,” he thought.
“Gerrard!”
The change in his voice struck his companion—it was low, grave, and sympathetic.