As for Mr Fleming’s affairs, it was coming to that with Jacob, that he would have done to him all the evil that he was accused of planning, if he could have had his way; but, nevertheless, not with a desire to harass and annoy the man who had always shunned him, and who now defied him, as people sometimes declared.

It cannot be said that he had not felt and secretly resented what he called the folly of the unreasonable old man. But Mordecai might have sat stiff and stern at the gate all day long for him and every day of the year, if the refusal to rise with the rest and do him reverence had been all the trouble between them. He knew that Mr Fleming had bitter thoughts against him because of all that had befallen his son long ago, and though he believed himself to have been no more guilty toward him than others had been, he knew that they had all been guilty together, and he had therefore submitted quietly, if not patiently, to the constant rebuke which he felt, and which all Gershom felt, the old man’s stern silence to be. He could understand how the sight of him and his prosperity should be an aggravation to the sorrow of this man, who did not seem to be able to forget, and he had a sort of compassion for him in his loss—not merely of the handsome, kindly lad who had gone away so long ago, but of the man to which the much-loved Hugh might by this time have grown. His desire to resent the father’s manner to himself had never been more than a momentary feeling and if he could have conferred upon him some great benefit, and placed him under such obligation to him as should be seen and acknowledged by all Gershom, he would gladly have done so. Indeed he believed that in the terms agreed on by his father, with regard to Mr Fleming’s mortgage, such a benefit had been conferred, and as he thought about it his anger grew.

For now Mr Fleming’s unreasonable obstinacy in refusing to dispose of his land seemed the only hindrance in the way of the new enterprise which promised so well. If he had had the power to make him yield, he would have exerted it to the uttermost, even if it would have ruined the old man, instead of placing him and the children dependent on him above the fear of want forever. But as yet he had no power, and before the year should be out, when the law would allow him to take possession of the land, the ruin which men were saying might fall on Mr Fleming, might, nay must, fall on himself.

Ruin? Well, that was putting it strongly perhaps. But the delay would cause loss and trouble terrible to anticipate—not to him only, but to the whole town of Gershom—loss which years of common prosperity would hardly make up for. Jacob rarely spoke of David Fleming or his relations to him, but when he did so, this was the way he put it. The prosperity of Gershom and of the country round was hindered by his refusal to sell his land. But in his heart he knew that the prosperity of Gershom was a very secondary consideration with him at the moment.

For Jacob was in trouble, had been in trouble a long time, though he was only just beginning to confess it to himself. To no one else would he confess it, till nothing else could be done. He ought never to have come to any such determination. He was not strong enough to bear the weight of such trouble alone, and he was not wise enough to see the right means of getting through it.

There were times when he owned this to himself. He had not nerve for great ventures. It made him sick to think of one or two transactions, out of which he might have come triumphant as others had done, only that his courage had failed to carry him through to the end. He needed more courage, and less conscientiousness, he liked to add in his thoughts, and perhaps he was not altogether without warrant in doing so. At any rate, something had come between him and success where other men had succeeded.

Mr Green and his friends were right in their opinion that he was not such a man as his father. Even in conducting his Gershom business, which had almost come to be mere routine with him, they could see that he sometimes made mistakes. His persistent way of standing out against, or apart from, any movement that was to benefit the whole community, unless it was made in his way or to his evident advantage, was very unlike his father. It is true, that in his father’s day there had been fewer men in Gershom to share either responsibility or power. But the squire had known when to yield, and by judicious yielding it frequently happened that he was allowed to hold all the faster to his own plans.

Jacob had to yield his own will also now and then, but at such times he could not help seeing that his fellow-townsmen looked upon him as having been beaten, and that they rather enjoyed it. Even when he succeeded in getting his own way in some matters, it often happened that his success was more in appearance than in reality. Still, if he had kept to his legitimate business, he might have done well in it, and kept the confidence of the community as being a man “who knew what he was about,” and certainly he would have had an easier mind.

It was a little before this time that the discovery of the existence of mineral wealth, and the speculation in mining property which has since made a curious chapter in the history of this part of Canada, were beginning to occupy the attention of moneyed men, and Jacob had made his venture with the rest. But he had not come out of the affairs so well as some others had done. A history of their operations as to buying and selling would not interest. The result, as far as Jacob Holt was concerned, was disastrous enough, for in one way and another he had involved himself to an extent that to people generally would have appeared incredible. But people generally knew little about it. Those who did know were those who had been engaged with him, who had either made much money or lost much in the course of their transactions, and a prudent silence seemed to be considered best. Of course it could not but be known in the country to some extent who were the gainers and who the losers, but no one guessed that the Holts would be “In” for any considerable amount. But in the giving up of much valuable property at a great loss, in order to preserve his credit, Jacob was made to feel his position bitterly.

Squire Holt had bought and held for many years large tracts of wild lands in various parts of the country, content to sink the purchase-money and to pay the taxes for the present, in the certain knowledge that as new settlers came in, and the country was opened up by the making of roads and the building of bridges, the value of the lands would be greatly increased. Many of these tracts Jacob was at this time obliged to sacrifice. He rather ruefully congratulated himself on the fact that the transfer of such property to other names might be done quietly, so that his difficulties need not be fully known or discussed in the community, but it was a terrible blow to him, and the necessity of keeping the knowledge of it from his father made it all the harder.