“Go! Surely you do not think seriously of going?”

“I certainly do.”

“I’m sorry to hear you say that, Mr. Perley. We are doing exceedingly well and our business is growing. Last year it doubled, and is in a fair way of doubling itself again this year.”

“But what is such a rate of increase to the golden gains that are now offered? Nothing—nothing.”

Mr. Jenkins could not talk as fluently as his partner, and was in this instance, as he had been once or twice before, silenced but not convinced.

Daily there came some fresh intelligence touching the gold deposits in our new possessions, and the note of preparation for a speedy flight was sounded in all directions. The newspapers teemed with exciting statements, and every man you met in the street, on ’change, or in the social circle, had something to say about California. Daily the fever increased, and particularly with Mr. Edwards Perley, until he began to be slightly delirious. But, though the epidemic raged all around him, Mr. Jenkins remained calm and cool. If any one talked to him about California, he shook his head with an emphasis that left no doubt as to the state of his mind.

“My California is here,” he sometimes replied. “Wait for ten years, and see then who is best off. If gold is so abundant as they say it is, and obtained so easily, I shall benefit as well as those who dig for it. ‘Come easy, go easy,’ you know. The man who picks up a pound of gold wont value it as much as he who earns it by the sweat of his brow, and will part with it far more easily. So, after all, the gold will flow from the hands of those who gather it freely, through all the channels of trade, and we who continue in the pursuit of useful employments, will be likely to reap the most abundant harvest.”

“All this,” Perley said, “was little better than nonsense. ‘Give me a bird in the hand, and you may have two in the bush.’ ”

“Just my own sentiment,” returned Jenkins. “I have the bird in the hand here, I can’t let it go for two in the bush away out on the Pacific.”

Still the fever went on increasing.