'Oh, they'll pay the depositors in full. Don't you fret,' said a man who had lost nothing and was anxious to console.

'I'm a shareholder,' said the American, and smoked on.

The rain continued to fall, and the umbrellas dripped in the racks, and the wet men came and went, circling round the central fact that it was a bad business, till the day, as was most fit, shut down in drizzling darkness. There was a refreshing sense of brotherhood in misfortunes in the little community that had just been electrocuted and did not want any more shocks. All the pain that in England would be taken home to be borne in silence and alone was here bulked, as it were, and faced in line of company. Surely the Christians of old must have fought much better when they met the lions by fifties at a time.

At last the men departed; the bachelors to cast up accounts by themselves (there should be some good ponies for sale shortly) and the married men to take counsel. May heaven help him whose wife does not stand by him now! But the women of the Overseas settlements are as thorough as the men. There will be tears for plans forgone, the changing of the little ones' schools and elder children's careers, unpleasant letters to be written home, and more unpleasant ones to be received from relatives who 'told you so from the first.' There will be pinchings too, and straits of which the outside world will know nothing, but the women will pull it through smiling.

Beautiful indeed are the operations of modern finance—especially when anything goes wrong with the machine. To-night there will be trouble in India among the Ceylon planters, the Calcutta jute and the Bombay cotton-brokers, besides the little households of small banked savings. In Hongkong, Singapore, and Shanghai there will be trouble too, and goodness only knows what wreck at Cheltenham, Bath, St. Leonards, Torquay, and the other camps of the retired Army officers. They are lucky in England who know what happens when it happens, but here the people are at the wrong end of the cables, and the situation is not good. Only one thing seems certain. There is a notice on a shut door, in the wet, and by virtue of that notice all the money that was theirs yesterday is gone away, and it may never come back again. So all the work that won the money must be done over again; but some of the people are old, and more are tired, and all are disheartened. It is a very sorrowful little community that goes to bed to-night, and there must be as sad ones the world over. Let it be written, however, that of the sections under fire here (and some are cruelly hit) no man whined, or whimpered, or broke down. There was no chance of fighting. It was bitter defeat, but they took it standing.


HALF-A-DOZEN PICTURES

'Some men when they grow rich, store pictures in a gallery,' Living, their friends envy them, and after death the genuineness of the collection is disputed under the dispersing hammer.

A better way is to spread your picture over all earth; visiting them as Fate allows. Then none can steal or deface, nor any reverse of fortune force a sale; sunshine and tempest warm and ventilate the gallery for nothing, and—in spite of all that has been said of her crudeness—Nature is not altogether a bad frame-maker. The knowledge that you may never live to see an especial treasure twice teaches the eyes to see quickly while the light lasts; and the possession of such a gallery breeds a very fine contempt for painted shows and the smeary things that are called pictures.