It was not a long business that clearing of scores with the Bank of New Guinea under these exceptional circumstances. Such and such was the debit balance, a sufficiently grave one in a season when it had not rained, “to signify,” for about three years, when stock was unsalable, when money was unprecedentedly tight, but not, perhaps amounting to more than one-third of the real value of the property. Here were the mortgages. One secured upon the freehold, the other upon stock and station, furniture and effects.

“Yes!” admitted Mr. Stamford, looking over it. “It is a comprehensive document; it includes everything on the place—the house and all that therein is, every hoof of stock, hacks and harness horses, saddles and bridles—only excepting the clothes on our backs. Good God! if we had lost all! And who knows whether we may not have to give them up yet.”

“My dear Stamford,” said the banker, “you’re almost too sentimental to be a squatter, though I grant you it requires a man of no ordinary power of imagination to look forward from your dusty pastures and dying sheep (as I am informed) to a season of waving grass and fat stock. Why only this morning, I see that on Modlah, North Queensland, they have lost eighty thousand sheep already!”

“That means they’ll have a flood in three months,” answered Stamford, forcing a laugh. “We must have rain. This awfully sultry weather is sure to bring it on sooner or later.”

“Ah! but when?” said Mr. Merton, corrugating his brow, as he mentally ran over the list of heavily-weighted station accounts to which this simple natural phenomenon would make so stupendous a difference. “If you or I could tell whether it would fall in torrents this year or next, it would be like—--”

“Like spotting the winner of the Melbourne Cup before the odds began to shorten—eh, Merton? Good Heavens! to think I feel in a mood to jest with my banker. That dread functionary! What is it Lever says—that quarrelling with your wife is like boxing with your doctor, who knows where to plant the blow that would, maybe, be the death of you? Such is your banker’s fatal strength.”

“I envy you your recovered spirits, my dear fellow,” said the over-worked man of figures, with a weary smile, glancing towards a pile of papers on his table. “Perhaps things will turn out well for you and all of us after all. You are not the only one, believe me, whose fate has been trembling in the balance. You don’t think it’s too pleasant for us either, do you? Well, I’ll send young Backwater down to Barrington Hope with these documents. You can go with him, and he will give a receipt for the cheque. For the rest, my congratulations and best wishes.” He pressed an electric knob, the door opened, a clerk looked in. “Tell Mr. Overdue I am at liberty now. Good bye, Stamford, and God bless you!”

On the previous day Mr. Stamford had betaken himself to his hotel immediately after quitting Mr. Barrington Hope’s office, and poured out his soul with fullest unreserve in a long letter to his wife, in which he had informed her of the great and glorious news, and with his usual sanguine disposition to improve on each temporary ray of sunshine, had predicted wonders in the future.

“What my present feelings are, even you, my darling Linda—sharer that you have ever been in every thought of my heart—can hardly realise. I know that you will say that only the present pressure is removed. The misfortune we have all so long, so sadly dreaded, which involves the loss of our dear old home, the poverty of our children, and woe unutterable for ourselves, may yet be slowly advancing on us. You hope I will be prudent, and take nothing for granted until it shall have been proved. I am not to relax even the smallest endeavour to right ourselves, or suffer myself to be led into any fresh expense, no matter how bright, or rather (pastoral joke of the period) how cloudy, the present outlook, till rain comes—until rains comes; even then to remember that there is lost ground to recover, much headway to make up.

“My dearest, I am as sure that you have got all these warning voices ready to put into your letter as if you phonographed them, and I recognised the low, sweet tones which have ever been for me so instinct with love and wisdom. But I feel that, on this present occasion—(I hear you interpose, ‘My dearest Harold, how often have you said so before!’)—there is no need for any extraordinary prudence. I am confident that the season will change, or that something advantageous will happen long before this new advance is likely to be called in. Mr. Hope assures me that no sudden demand will at any time be made, that all reasonable time will be given; that if the interest be but regularly paid, the Company is in a position, from their control of English capital, to give better terms than any colonial institution of the same nature. I see you shake your wise, distrustful head. My dearest, you women, who are said to be gifted with so much imagination in many ways, possess but little in matters of business. I have often told you so. This time I hope to convince you of the superior forecast of our sex.