Pooke’s stony eye was fixed on Pepperill.

“Which is it now—high tide or low water?”

“There it is—low.”

“Oh!”

Pooke thrust his chair back, and looked at the space between him and Pepperill, as though it were the great gulf fixed, across which no communication was possible.

“Merely temporary,” said Pasco, with affected indifference. “Nevertheless, unpleasant rather; not that I am inconvenienced and straitened myself, but that I am unable to extend my money ventures. You see, I have been buying a great oak wood on Dartmoor—splendid oak, hard as iron; will make men-of-war, with which we shall bamboozle the French and Spaniards. Then I’ve bought in a quantity of wool.”

“What, now? It is worth nothing.”

“Exactly—because there is a panic. In my business this is a time for buying. There will be a rebound, and I shall sell. It is the same with coals. I lay in now when cheap, and sell when dear—in winter.”

“What do you want with me?” asked Pooke suspiciously.

“The thing is this. I find I have to pay for the timber before I can sell a stick to Government, and I haven’t the cash at this instant. I’ve had to pay for the wool,—I bought in two years’ fleeces,—and for the coals, and if I could lay my hand on four hundred pounds”—