‘So that was what his friend Evelyn laughingly alluded to when they met us yesterday. “I see you have your black hat with you,” he said.’

‘By Jove! you don’t say so; did Evelyn say that?’ laughed the commercial mentor; ‘just like him; for two pins he’d have warned you not to believe a word he said. Fine fellow, Evelyn! And what did Mr. Selmore say?’

‘He only smiled, took off his own hat—an ordinary “Lincoln and Bennett”—stroked it, and put it on his head again.’

‘Capital, capital! O lord! that was Selmore all over. You can’t easily match him. He has the devil’s own readiness. Deuced clever fellow he always was! It’s a pity, too, really it is. If he were not so desperately cornered, I believe he’s a kind-hearted fellow in the main. But when he has bills to meet he’d take in his own father.’

‘Thou shalt want ere I want,’ as that famous freelance, Mr. Dugald Dalgetty, formerly of Marischal College, remarked, thought Ernest; but he said, ‘It seems then that my small capital was very nearly appropriated to the retirement of Mr. Selmore’s bills payable, which was not my primary intention in choosing a colonial career. My dear sir, I shall never be sufficiently thankful for your kind advice. What would you advise me to do now, if I may trespass further on your great kindness?’

‘My dear boy, as Granville’s friend, I look upon you as my son temporarily; and if I had a son who had just completed his education and wished to purchase station property, I should say to him, this is a country and stock-farming is a profession not to be understood all at once. Before investing your money spend a little time in learning the ways of the people of the country and of the management of stock before you invest a shilling.’

‘And how long do you think a man of reasonable intelligence ought to be in gaining the requisite knowledge?’ asked Ernest, rather dismayed at the prospect of a lengthened term of apprenticeship.

‘Not a day less than two years,’ answered Mr. Frankston decisively. ‘My advice to you is to travel for a month or two through the interior, and then to locate yourself on some station where you can acquire the details of practical management.’

‘But will not that be expensive, and what could I do with my money in the meantime?’

‘It will not be expensive; and as to your money, you can lodge it in a bank, where you will receive interest at current rates. You can select any of our Sydney banks, which are quite as safe as the Bank of England. I shall then be happy to give you introductions which will secure you a home and the means of acquiring the necessary knowledge.’