“Such a Rome will not be built in a day,” the Englishman told him.

“Nor in too few years,” Sên agreed.

“I’d like to be among your first depositors,” Snow said slowly. “I’ll tell you what I am going to do, Sên King-lo; I’m going to hold all I have in China at your disposal. I’ll throw it in as securities—I’ll float it into cash, and deposit it en bloc, when your national banks are ready—and I’ll deposit as well the interest you pay me—we’ll call it a ninety days’ deposit—say until Dick, my youngster, is thirty; that gives you a fairly good run, if you get your shutters up pretty soon—and I’ll bind myself and my estate to make no withdrawal, little or big, after that, without giving you very long notice, and, as well, I’ll hedge you well about against my doing so—or my heirs—at any time of special inconvenience to the bank. All I’ve got will be just a drop in the bank bucket, of course, but even drops come in handy in times of drought. My Chinese holdings are at China’s service. And the execution of a good, all-Chinese banking scheme would be the best service of China I can think of. I’ll do a bit more than that: I will sell you—your bankers or your nominee or nominees—any or all holdings of mine in your country, and sell at a minimum price, whenever you feel that you are strong enough to stand alone—and see us get out. I’d like to be one of the first to get in—into your banks, and I’d like to be the last European to get out. But I’ll hold myself pledged to go when you say, ‘Go.’ ”

“I wish you owned Shantung,” Sên King-lo said tersely.

“I wish I did!” Snow replied. “In the meantime,” he continued, “if you care to avail yourself of a little foreign capital, during the expensive and more or less experimental preliminary months or years, I’d be glad to have you use mine. It’s at your service.”

The Chinese are said to be unemotional. It is not true. The upper classes—at least the men—carry self-control to an obsession, and have made it a fine art; but high or low, there are no stolid Chinese. To a man their emotions are quick and extreme.

Sên King-lo made no reply. He looked both imperturbable and nonchalant, sitting easily there in his perfect Western attire, carelessly turning a cigarette in his fine yellow fingers, his eyes on the tiny cylinder with which he toyed. His face did not change in any way. But he did not look up—because his eyes were a trifle humid.

“You offer to take a large risk,” he said at last, “a very unusual risk. You know nothing of me. And what if the Manchu, or some other dynasty, did come back? We are scheming and looking towards a republican national bank. Had you thought of that?”

“Of course I had,” Snow asserted. “It is up to China to decide her own affairs. I’d like to see the Manchu back, but I’m not in any way out for it. If you enjoy your Republic—well, it’s up to you. On the other hand, if the Manchu should come back, they’d destroy no good thing that you or any one else had done for their country. It isn’t their way. They might make you grow a few queues—but their revenge wouldn’t go much further than that, I’m thinking. And, as for my not knowing you, don’t be too sure. We have an Intelligence Department also, however pigmy it may be compared to yours. But, frankly, no, I do not know much of you. You are a youngster. Whitehall has not got its eye on you—yet. May never have. I do not know you. But I claim to know your race and your caste.”

“We have no castes in China.”