He wondered what Sir Lester and Winifred were doing, and what she would have thought of such an experience as he had just gone through. What a contrast it all was to the beautiful Sussex landscape over which he had so often looked from The Downs. Here he was on a pearling schooner, nearing the northernmost point of Australia, and yet his mind was very far away, and his memory lingered over the sights and sounds of Brighton, and the hum of the racecourse. Certainly he was dozing, yet he was half awake; he knew he was smoking, and that the wreaths from his pipe were curling away in the wake of the schooner, and yet he fancied he scented the smell of new mown hay, and in a dim sort of light saw banks covered with primroses and hedgerows budding green, the trees opening out their leaves, the birds nesting, others teaching their young to fly. It mattered not that primroses and new mown hay did not harmonise, it was what he felt and saw, jumbled together in a delightful tangle from which he made no effort to extricate himself.

Now he was on Lewes racecourse and felt the wind whistle past his face, and buzz in his ears, as he made a desperate effort to land Topsy Turvy first past the post. He heard the shouts of the crowd, the roar of the excited backers, and then the next moment he knew he had won, and Sir Lester was congratulating him, and better than all, Winifred was there, all smiles. He heard Job Seagrave's sonorous voice, and smiled in his half awake land of dreams.

He was sitting down on a primrose bank and a gypsy stood looking at him. He held out his hand and she read his fate, he was to claim his own at last. He saw a fair young girl with arms outstretched pleading for him to stay and not venture forth upon his mad quest. He felt her warm form as he pressed her to him, snatched a kiss, and hurried away.

His pipe dropped, and the noise startled him from his reverie. He sat up and looked around wonderingly, hardly realising his whereabouts. A moment ago he was in Sussex, now he was in reality coasting in North-West Australia, and the little schooner was making good headway.

It had been a pleasant enchantment while it lasted; we should be very lonely, very dissatisfied with the ordinary duties of life if we had no dreams.

He looked round and smiled as he saw Harry Marton and Phil Danks fast asleep in their comfortable chairs. Let them sleep on, he was contented with his little romance, he would go through it all over again now he was wide awake.

What if this pearling venture turned out a failure? It was merely a start, the first step on the voyage to wealth and Winifred. If it was not a success he would lose nothing, except time, and that was precious; he could not ask her to wait too long, he had not asked her at all, at least not in words. He must hustle, as an American friend told him, if he meant to get ahead of his fellow men. He smiled as he thought it would be a difficult job to make Phil Danks hustle, the skipper of the "Heron" was a man who made time his slave, not his master, and he looked contented on it.

Pearls; he would at any rate secure some for Winifred even if he had none for himself. He remembered she was fond of pearls, and had a very old chain of them left her by her grandmother. If he had his will the depths of the sea should give up pearls of great price for her gratification, and he would send her them as a token he had not forgotten her. That was a good idea, the first fine pearls he had as his share of the venture should be sent direct to her. Would it look like bribery, a gift to induce her to wait for him, and not regard offers from others with favour? He thought not, she would understand her old playmate wished to prove he was loyal, and would be glad he remembered she loved pearls.

But the pearls were as yet at the bottom of the sea, and he was on the schooner, and they were dawdling along at a very slow pace, quite in keeping with their aldermanic repast on Redland Bay turtle. If he did nothing else the name of that bay would abide for ever as a memory of his trip to the land of chances and dashed hopes.

There was the Great Tom mine, he wondered how that had turned out. Sir Lester's five hundred was sunk in it, he hoped it would bring him luck. Supposing the shares went up to two pounds, that would be a thousand, and he had heard that a great financier once said any man ought to be able to make a fortune with a capital of a thousand pounds. Then he suddenly recollected that same financier, who had made millions, came to a terrible end, the only way out of his trouble being death by his own hand. It was not an alluring prospect after all, this amassing of wealth, there must be something a good deal better in the world. He concluded a modest income with an abundance of domestic happiness would be more to his taste.