"Yes, I see."

"If you are to get the place, your name must not be given at the outset; you must buy through an agent or solicitor. You must be ready with the money on the nail."

Ralph looked thoughtful for several moments.

"I'm afraid it's of no use hoping," he said at length; "though when Robert Telfer handed me over his cheque this evening the world did look bright for a moment."

"But if you bought the farm you might lose everything," William suggested; "and it would be a pity to throw away your first earnings."

"Why so? There's no good in hoarding money. I want to be doing something. Besides, I might find work for half the parish."

"Then you have faith in the tin lode of which your father spoke?"

"I am confident there is a lode there. My father was not likely to be mistaken in a matter of that kind. As a practical miner and mineralogist there was not his equal in the county."

"But he did not test the lode?"

"He had no chance."