"We can't split straws," exclaimed Tredgold, impatiently. "If the captain consents we three will find the money and divide our portion, whatever it is, equally."

Mr. Chalk, who had been in the clouds during this discussion, came back to earth again. "If he consents," he said, sadly; "but he won't."

"Well, he can only, refuse," said Mr. Tredgold; "and, anyway, we'll have the first refusal. Things like that soon get about. What do you say to a stroll? I can think better while I'm walking."

His friends assenting, they put on their hats and sallied forth. That they should stroll in the direction of Dialstone Lane surprised neither of them. Mr. Tredgold leading, they went round by the church, and that gentleman paused so long to admire the architecture that Mr. Stobell got restless.

"You've seen it before, Tredgold," he said, shortly.

"It's a fine old building," said the other. "Binchester ought to be proud of it. Why, here we are at Captain Bowers's!"

"The house has been next to the church for a couple o' hundred years," retorted his friend.

"Let's go in," said Mr. Tredgold. "Strike while the iron's hot. At any rate," he concluded, as Mr. Chalk voiced feeble objections, "we can see how the land lies."

He knocked at the door and then, stepping aside, left Mr. Chalk to lead the way in. Captain Bowers, who was sitting with Prudence, looked up at their entrance, and putting down his newspaper extended a hearty welcome.

"Chalk didn't like to pass without looking in," said Mr. Tredgold, "and I haven't seen you for some time. You know Stobell?"