“Very well. I will act with caution. The breath of the money-getter tarnishes the polish of the sword; and in my dealings I shall try to recollect that I have to do with men growing rapidly rich, as well as with nobles who should be too proud to accept unearned gold from any man. Now, Davie, I’ll need your help in this, and in aiding me you will assist yourself, thus will virtue be its own reward, as is preached to us. I will give you as many gold pieces as you need, and instead of paying three pieces at the entrance, give the man three hundred. Urge all the nobles to increase their wagers; for thus we shall soon learn the depths of this yellow treasury. If I attempt to wring the neck of the goose before the eggs are laid, my followers would be justified in saying that the English part of my nature had got the better of the Scotch. Meanwhile, I will know nothing of this man’s doings, and I hope for your sake, Davie, that the gold mine will prove as prolific as my own in the Clydesdale.”

The nobles followed the example set to them by the lavish Sir David. They needed no urging from him to increase their stakes. The fever of the gambler was on each of them, and soon the alleged Italian began to be embarrassed in keeping up the pace he had set for himself. It required now an enormous sum to pay even double the amount taken at the door. The necromancer announced that the meetings would be held less often, but the nobles would not have it so. Then his experiments became less and less successful. One night the bonus amounted only to half the coins given to the treasurer, and then there were ominous grumblings. At the next meeting the bare amount paid in was given back, and the deep roar of resentment which greeted this proclamation made the foreigner tremble in his red robe. The ambassador was sending messenger after messenger to France, and looked anxiously for their return, while the necromancer did everything to gain time. At last there came an experiment which failed entirely; no gold was produced in the crucible. The alchemist begged for a postponement, but swords flashed forth and he was compelled on the spot to renew his incantation. If gold could be made on one occasion why not on another? cried the barons with some show of reason. The conjurer had conjured up a demon he could not control; the demon of greed.

The only man about the court who seemed to know nothing of what was going forward was the king himself. The French ambassador narrowly watched his actions, but James was the same free-hearted, jovial, pleasure-seeking monarch he had always been. He hunted and caroused, and was the life of any party of pleasure which sallied forth from the castle. He disappeared now and then, as was his custom, and could not be found, although his nobles winked at one another, while the perturbed French ambassador looked anxiously for the treasure ship that never came.

At last the nobles, who, in spite of their threatenings, had too much shrewdness to kill the gold-maker, hoping his lapse of power was only temporary, forced the question to a head and made appeal to the astonished king himself. Here was a man, they said, who could make gold and wouldn’t. They desired a mandate to go forth, compelling him to resume the lucrative occupation he had abandoned.

The king expressed his amazement at what he heard, and summoned the mountebank before him. The gold-maker abandoned his robe of scarlet and appeared before James dressed soberly. He confessed that he knew the secret of extracting gold from ordinary soil, but submitted that he was not a Scottish citizen and therefore could not properly be coerced by the Scottish laws so long as he infringed none of the statutes. The king held that this appeal was well founded, and disclaimed any desire to coerce a citizen of a friendly state. At this the charlatan brightened perceptibly, and proportionately the gloom on the brows of the nobles deepened.

“But if you can produce gold, as you say, why do you refuse to do so?” demanded the king.

“I respectfully submit to your majesty,” replied the mountebank, “that I have now perfected an invention of infinitely greater value than the gold-making process; an invention that will give Scotland a power possessed by no other nation, and which will enable it to conquer any kingdom, no matter how remote it may be from this land I so much honour. I wish, then, to devote the remaining energies of my life to the enlarging of this invention, rather than waste my time in what is, after all, the lowest pursuit to which a man may demean himself, namely, the mere gathering of money,” and the speaker cast a glance of triumph at the disgruntled barons.

“I quite agree with you regarding your estimation of acquisitiveness,” said the king cordially, giving no heed to the murmurs of his followers. “In what does this new invention consist?”

“It is simply a pair of wings, your majesty, made from the finest silk which I import from France. They may be fitted to any human being, and they give that human being the power which birds have long possessed.”