"I take it that a liberal supply of palm-oil greased your way through those closed doors," said Creagh, turning.

Farquharson laughed.

"Oh, I had luck all through. I lighted upon the most useful drug in the bazaar, an excellent remedy for sleeplessness."

"I should like to hear more about your doings, Mr. Farquharson," said Beadon curiously.

"They're worth hearing." Creagh's tone was hearty. "He ran a great risk, but it was to some purpose. You and I know how useful Mr. Calvert has been to us, Beadon; how often his munificent gifts have helped the nation through tight places when our own exchequer has run dry. I'm sure he would be the first to acknowledge that he owes much of his fortune to Mr. Farquharson's help."

Calvert nodded approvingly. Things were panning out as he hoped. He appreciated Creagh's praise, but his eyes were fixed on Beadon—the man who, politically speaking, held Farquharson's future in his hand.

And for the moment Beadon was silent. Then—

"What did you yourself get out of it all?" he asked abruptly. "At first I was under the impression that you were Calvert's secretary, but some one told me to-night that you held an even more important post."

Calvert laid his hand affectionately upon the young man's shoulder.

"He is Administrator of Taorna," he said; "our report will be published in a few days. You will see then that the appointment is no sinecure. I think I may say that we work the resources of our island to the uttermost; we challenge you to make the fullest inquiries into our methods and criticize them fairly. Japan took thirty years to grow; we've taken ten. Even the present Government knows what our trade is: we have been useful to England already. We have our own fleet and our own Army, our own line of steamers for transport, our Chamber of Commerce and Council. Farquharson is the power behind all these; he holds them in the hollow of his hand. He works, I pay." A new note came into Calvert's voice, a note of gravity. "I have made him ruler over a few things already; at my death—God willing—I mean to leave him in a position where he may rule many things."