Mr. Robert hesitated, but curiosity got the better of his dignity. "What's that?" he inquired.

"A thing I keep frogs and toads in, sir," was the reply.

Mr. Robert, staring hard at him, did his honest best to check the next question, but it came despite himself. "Are you—are you married, Bassett?" he inquired.

Bassett regarded him calmly. "No, sir," he said, with perfect gravity. "I live at home with my mother."

The junior partner gave him a nod of dismissal, and for some time sat gazing round the somewhat severely furnished office, wondering with some uneasiness what effect such surroundings might have on a noble but impressionable temperament. He brought round a few sketches the next day to brighten the walls, and replaced the gum-bottle and other useful ornaments by some German beer-mugs.

Even with these aids to industry he found the confinement of office somewhat irksome, and, taking a broad view of his duties, gradually relieved Bassett of his errands to the docks. It was necessary, he told himself, to get a thorough grasp of the whole business of ship-owning. In the stokeholds of Vyner and Son's' steamships he talked learnedly on coal with the firemen, and, quite unaided, hit on several schemes for the saving of coal—all admirable except for the fact: that several knots per hour would be lost.

"The thing is to take an all-round view," he said to Captain Trimblett, of the SS. Indian Chief, as he strolled back with that elderly mariner from the ship to the office one day.

"That's it, sir," said the captain.

"Don't waste, and, at the same time, don't pinch," continued Mr. Robert, oracularly.

"That's business in a nutshell," commented the captain. "Don't spoil the ship for a ha'porth of tar, and, on the other hand, don't get leaving the tar about for other people to sit on."