So Scales argued with himself through that long night in the solitary library. In such arguments it is inclination that supplies the final bias. When a man argues with himself upon a question of right and wrong, it is never right that wins.

And during that same long night Masterman slept peacefully, ignorant of the Tragic Angel that stooped above his pillow. If the Angel could have spoken, he would have told the story thus. "Years ago a man did wrong, and was not punished for it. He was elated by his immunity, and boasted of it. He succeeded in life, as men count success. He climbed to a place of honour, from which he saw a new world opening at his feet. Then he would have been glad to forget that early deed of wrong. He did forget it, as far as he could. But there is a general memory in the world which forgets nothing. It goes about with a searchlight, raking over the gutters of the past, and making discoveries. This sleepless memory found the thing which he was now anxious to forget; gave it to another, who turned it round and round like a precious talisman; and, last of all, this other used the talisman both for the ruin of himself and of the man who had shown him how to use it. And this other man did not know that the talisman had lost its magic. Still less did he suspect that it was a fatal and malignant gift. Who are we to suppose that we can divorce the present from the past? Words live, deeds live—they live eternally. We cannot lose them at will. They are seeds which are carried far away upon the wind, but they always find some soil in which they spring up. They are dead, we say. Thou fool, nothing is dead which man has ever said, thought, or done. It only waits its hour, and it always springs up at last."

A month later the financial journals remarked with ardent approbation that in spite of the wide depression of trade, produced by this calamitous war, the Brick Trust had paid its full dividends. Such a circumstance reflected great credit upon the management of the Trust, especially on its president, Mr. Masterman, whose financial genius had thus received an extraordinary vindication. If the investor had ever had the least doubt of the stability of this great commercial venture, his doubts should be set at rest for ever by this remarkable achievement. They regretted to add that Mr. Masterman had been seriously ill, as the result of his indefatigable labours on behalf of the Trust. He was now, however, quite himself again, and those who had recently seen him reported him in the best of health.

This announcement created a new boom in the stock of the Trust. At the same time news came of what appeared to be the first wave of final triumph in South Africa. Bells were rung, rockets soared, and shouting multitudes filled every street. Masterman, from his rooms at Brighton, saw the passing of the shouting crowd, and the tumult went to his head like wine.

"We are past the worst!" he cried. "I feel years younger. To-morrow I will wire for Scales, and get into harness again."

And, as he spoke, the face kindled with its old fire of vigour, his eyes flashed, and his form had its old erectness.

He also believed himself to have won another battle, and the pageant of his ambitions once more moved steadfastly before him.

XIX

THE FEAR