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Swirling Waters
by Max Rittenberg
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"Isn't May 3rd the day that ends your agreement?" asked Elaine.

"It is; but I'll extend that date." Larssen took from his pockets a fountain-pen and a scrap of paper and scribbled a few words on it, signing his name underneath. "Suppose you enclose this when you're writing to Matheson? It extends our agreement until May 20th."

He passed the paper to her.

The power of the human word, of the human voice—how limitless it is! Larssen, master of word and voice, had Elaine convinced through and through of his sincerity in the matter of reconciling husband and wife. He had appealed with unerring judgment to her finest feelings, and she read her own altruism into his words.

Larssen knew that his point was won, and long experience had taught him to close an interview as soon as he had carried conviction.

"I won't tire you any longer," he said, rising. "I just want to say this: you're big. You're the finer woman by far, but she is his wife."



CHAPTER XXXIV

ON BOARD THE "STARLIGHT"

The trial at Nimes proved a wearisome, sordid affair, and its result was a foregone conclusion. If there had been some motive of romantic jealousy on the part of the youth Crau, a French jury might have returned a sentimental verdict of acquittal. As it was, they found him guilty, and the judge sentenced him to three years penal servitude.

Riviere was heartily glad when the trial was over. It was now the end of April—close to the date of May 3rd, when the truce between Larssen and himself would expire. The shipowner would be back in London, and no doubt would have heard from Olive something of the changed situation. Force of circumstance would make him readjust his attitude, and he would probably be ready to offer compromise.

Riviere judged it advisable to return to England, and there to wait for overtures on the part of Larssen. He had taken ticket for London, and was preparing for travel, when two letters reached him, from Olive and Elaine.

The latter gave him a keen thrill of pleasure. It was written by Elaine herself, and this was proof indeed of the miracle of surgery wrought by Dr Hegelmann. But its contents made him very thoughtful. She was asking him to go back to his wife. She was pointing out to him a path of duty exceedingly hard to tread.

Olive's letter added further pressure on his feelings. She was advised to try a sea-voyage for her health, she told him; Larssen had placed his yacht at her disposal; she begged her husband to meet her at Boulogne and once more to give her a chance to explain. It was an appeal utterly different to the attitude she had taken at Wiesbaden—there was now a sincerity in it which Riviere could not mistake.

The enclosure in Elaine's letter did not surprise him. If Larssen of his own accord offered to extend the truce until May 20th, it must mean that the shipowner was aware of his shaky position and ready to suggest compromise.

The effect of those three communications on Riviere's mind was what Larssen had so shrewdly planned. Riviere wired to his wife that he would meet her at Boulogne Harbour.

That evening he caught a Paris express with a through P.L.M. carriage for Boulogne. At the Gare de Lyon, in the early morning, they shunted him round the slow and tedious Girdle Railway to the Gare du Nord, clanked him on the boat train, and sped him northwards again in a revigorated burst of railway energy. North of Paris, a P.L.M. carriage undergoes a marked change of character. It deferentially subdues its nationality, and takes on an Anglo-American aspect. Harris-tweeded young men pitch golf-bags and ice-axes on the rack, and smoke bulldog pipes in its corridors with an air of easy proprietorship. American spinsters, scouring Europe in couples, order lunch in high-pitched American without troubling to translate. The few Frenchmen who find themselves in the train have almost the apologetic air of intruders.

While passing through the corridor of a second-class carriage, Riviere happened on the tubby little figure and rosy smiling countenance of Jimmy Martin the journalist. Martin never forgot a face or a name—it was part of his profession to make an unlimited acquaintanceship with everyone who might possibly "have a story to tell."

"Hail, sir!" said he cheerily. "You haven't forgotten the little sermon I had to preach to you on the infallibility of my owners, the Europe Chronicle?"

Riviere shook hands cordially. "I remember perfectly. You're going home on holiday, I expect?"

"I'm going home for good, praise be. I've sacked my owners. I told them that they were a set of unmitigated liars, scoundrels and bloodsuckers, and that I couldn't reconcile it with my conscience to work for them any longer without a 20 per cent. increase in pay. They demurred, and I promptly sacked them—having in my pocket an offer from a London paper. Thus we combine valour with prudence—a mixture which is more colloquially known as 'business.'"

"What's your new post?"

"Reporter for the London Daily Truth. If you've a story to tell at any time, and want a platform to speak from, 'phone me up."

"Thanks; I will."

"I've been turning my think-tank on to the Hudson Bay Transport flotation. You certainly had some inside information on that deal. Why did it shut up with a snap, I ask myself. Who banged the lid down?"

Martin's effort to pump information was very transparent, but his infectious good humour made it impossible to take offence.

Riviere was a keen judge of men, and he felt instinctive confidence in the honesty of the whimsical little journalist. One could trust this man. There was nobody within hearing along the corridor of the railway carriage. Accordingly he answered:

"If you'll keep the information strictly to yourself until I want publication, I'll tell you."

Martin sobered instantly. "Mr Riviere," said he, "you can trust me absolutely. I play square."

"So I judge.... You ask me who banged the lid down. I did."

"Phew! You must have landed Larssen a hefty one on the solar plexus."

"The matter is not finally settled yet. It's just possible that I might need the platform you offered me. Then I'll talk further."

"Exclusive?" asked Martin, with the journalist part of him on top.

"I can't promise that. It depends."

"Well, first call at any rate. We might get out a special edition in front of the other fellows. We've started a new evening paper at the Daily Truth office, and I'd like to secure a scoop for one of the two.... My stars, if I could have seen the scrap between you and Larssen! There must have been some juicy copy in that!"

"No doubt," commented Riviere drily. "Well, I'll say good-bye now."

"Anyhow, thanks for your promise. I'll look forward to the next meeting. Au revoir, as they say in this whisker-ridden country."

Boulogne harbour was crowded with grimy tramp steamers, fishing boats, and a rabble of plebeian harbour craft, but the yacht "Starlight" was not in view. Riviere inquired at the office of the harbour-master, and was informed that a telegram promised the yacht's arrival by nightfall.

She arrived true to promise, and lay out beyond the twin piers of the harbour-mouth in the quiet of sunset of the evening of April 30th—a trim-lined, quietly capable, three-masted craft. Larssen had referred to her as a "small cruising yacht," but in reality the "Starlight" was much more than that casual description would convey. In addition to her extensive sailing power, she had a set of marine oil engines for use in light winds or special emergency, and her cabins and saloons were roomy and comfortable. She could carry a party of a dozen passengers with comfort if there were need, and had four life-boats as well as a shore dinghy. The kitchen equipment was admirable. Altogether, a trim, well-found yacht which might have voyaged round the world without mishap.

The dinghy was sent off with the mate and a couple of seamen, and entered the harbour to enquire for Riviere at the harbour-master's office, according to arrangement.

"Pleased to meet you, sir," said the mate. "Mrs Matheson's compliments, and will you come aboard?"

"Is Mr Larssen on the yacht?"

"No. Mrs Matheson, her maid, and Master Olaf—that's all. We're giving the little chap a training in seamanship.... Jim, take the gentleman's luggage."

They rowed out to the "Starlight," lying trimly at anchor like a capable, self-possessed hostess awaiting the arrival of a week-end guest at a country-house. Olive waved greeting to her husband as he came near. By her side was Larssen's little son, holding her hand. He might have almost been posed there by the shipowner to inspire confidence in the peaceful intentions of the yachting cruise.

Olive thoroughly believed that Larssen's sole object in placing the yacht at her disposal was to reconcile husband and wife, and so indirectly to smooth over the quarrel between himself and Clifford. She had no suspicion that his real objective was to get Matheson on the high seas, the only region where he could not hear of the coming flotation of the Hudson Bay Transport, Ltd. Larssen had told her that she was free to order the yacht's movements as she pleased—he merely suggested in a perfectly casual way that a cruise to the Norwegian fjords might prove enjoyable.

"It was good of you to come!" said Olive as her husband mounted the gangway to the white-railed deck. There was unmistakable sincerity in her greeting.

"I'm to be captain of the 'Starlight' as soon as I get my skipper's ticket," confided the little boy as he shook hands.

Matheson had made up his mind to carry out Elaine's wish. He had come back to his wife; and he was prepared to fall in with any plan that she might propose. Accordingly, when she suggested the alternatives of a cruise down the Channel and up to the Hebrides, or a cruise to Norway, he left the decision to her. She chose Norway. Matheson, with the shipowner's agreement in his pocket to extend their truce to May 20th, raised no objection. There was ample time to be back in England before that date.

Olive gave her orders to the captain. Before weighing anchor, the latter sent on shore for further provisions. At the same time he dispatched a telegram to Larssen stating that they were bound for Norway that evening.

A smooth deft dinner was served to Matheson and his wife in the comfortable saloon as the yacht weighed anchor, slung round to a light wind from the south-east, and made gently towards the outer edge of the Goodwins. Through the starboard portholes Wimereux Plage twinkled gaily to them from its string of lights on esplanade and summer villas; Cap Grisnez flashed its calm white light of guardianship; Calais town sent a message of kindly greeting from the far distance; only the Varne Sands whispered a wordless warning as they swirled the waters above them and sent a flock of shivering wavelets to beat against the smooth hull of the "Starlight."

* * * * *

On that night of April 30th, while Clifford Matheson slept on board the yacht, the presses of Fleet Street thundered off millions of newspapers which bore on their financial page the impressive prospectus of Hudson Bay Transport, Ltd. The post bore off to every town and village in the United Kingdom hundreds of thousands of copies of the issue in its full legal detail.

Heading the prospectus were these names on the Board of Directors:—

Clifford Matheson, Esq. (Chairman). The Right Hon. Lord St Aubyn, P.C., K.C.V.O. Sir Francis Letchmere, Bart. Gervase Lowndes Hawley Carleton-Wingate, Esq., M.P. Lars Larssen, Esq. (Managing Director). To join the Board after allotment.

The capital was divided into 5,000,000 Ordinary L1 Shares, and 4,000,000 Deferred Shares of 1s. The latter were assigned to the vendor, Lars Larssen, in payment for various considerations. He had also underwritten the entire issue of Ordinary Shares for a commission of 3 per cent. The lists for subscription were to open on May 1st and close at midday on May 3rd. The London and United Kingdom Bank, in which Lord St. Aubyn was a Director, was receiving subscriptions and carrying out the routine of issuing allotment letters.

Such in essence was the prospectus of Hudson Bay Transport, Ltd. It embodied every point that Larssen aimed for. It was entirely legal, since Matheson had O.K.'d a copy of the prospectus, and the further agreement between the two men had been technically evaded by the fact of Larssen underwriting the entire issue himself.

By the time the "Starlight" reached Norway, the subscription lists would be closed and Matheson would be impotent to veto the issue. If he were three days on the high seas between France and Norway, Larssen would have gained the control of Britain's wheat-supply.

And Matheson had no knowledge of the daring game that his adversary was venturing. Not even a suspicion of it. In his pocket was the shipowner's agreement to extend their truce to May 20th. His mind was at rest regarding the Hudson Bay Scheme.

His thoughts were now centred on Olive and the strange volte face in her feelings towards him. The change in her was scarcely understandable. Yet it was entirely a normal outcome of her essential character. Olive had never appreciated Clifford's value to herself until that day at Wiesbaden when she had realised his value to the woman who was ready to sacrifice her reputation and her happiness in order to free his hands. The torrent of bitter words she had poured on Elaine was the reflex action of that sudden realisation. It was born of uncontrollable jealousy.

Now she wanted to win Clifford back. It was not sufficient that he had returned to her side. She wanted his regard, his esteem, his affection, his love. She wanted a child by him to bind them together. The tenderness with which she was looking after Larssen's little son was an outward expression of that inner hope. It was a prophecy of the future. Olaf stood for what might be. If she should have a child of her own, she felt convinced that Clifford would remain with her.

Those feelings were now the focus of Olive's thoughts. The sincerity of her greeting to Clifford was not an assumed emotion. It was inner-real. And yet it might not last for long. The effect of her drug-taking was to make every momentary feeling seem an eternal, ineradicable mainspring of action. Her many moods were each at the moment vitally important to her. They obsessed her. The morphia had not only undermined her physical health, but had made her mind the prey of every passing emotion.

For his part, Matheson was trying to weigh up the essential value of this sudden change in his wife. He admitted the sincerity; he doubted the permanency. He realised that she ardently desired a child of her own—that was plain to read from her attitude towards Larssen's son. But in the past she had always been impatient with children, and he questioned whether her present feeling was more than transitory.

The morning of May 1st brought grey sky, grey waters, and a tumbling sea. The yacht was beating north-east, close-hauled, into a stiff breeze from eastwards. No land was in sight—only a few trawler sails and a squat, ugly tramp steamer flinging a pennant of black smoke to westwards. As the day wore on the wind rose steadily, and in the afternoon the watch turned out to reef sails. Matheson was an excellent sailor, and this tussle with the elements exhilarated him. Olive, too, was quite at home on board a yacht, and the two marched the decks together in keen enjoyment of the bite of the wind and the whip of the salt spray.

By nightfall the wind had increased to a half-gale but the "Starlight" rode through the sea in splendid defiance, sure of her staunchness and steady in her purpose.

* * * * *

In this fight for the control of Britain's wheat-supply, Larssen had played to the highest his powers of intellect, his foresight, and his ruthless determination. He had forced the signature of Clifford Matheson to the draft prospectus, thus sanctioning its issue. He had evaded by one daring stroke the spirit of his own signed agreement. He had most carefully and minutely arranged for the flotation of the company at the time when Matheson would be on the high seas and out of touch with London news.

The "Starlight" was a well-found yacht, capable of weathering any North Sea gale. She had oil-engines to supplement her sailing power. She was provisioned for a month. Rough weather would not drive her back to harbour. She could fight through any wind or sea to Norway. Nothing had been overlooked to carry Larssen's scheme to perfect success.

Save only the hand of Providence.... Fate....

For such a man as Lars Larssen there is no other antagonist he need fear.

But Fate, with its little finger, can squeeze him to nothingness.

Out in the North Sea, wallowing sullenly in the trough of the waves, her masts gone by the board and her deck awash, lay the derelict schooner "Valkyrie" of Bergen. She would have been at the bottom of the sea had it not been for her cargo of Norway pine, keeping her painfully afloat against her will. Fate, with its little finger, moved this uncharted peril right in the track of the "Starlight," beating close-reefed through the buffeting waves on the night of May 1st, while Larssen, in his London home, satisfied that his plans had foreseen every human eventuality, slept the easy sleep of the successful.



CHAPTER XXXV

INTERVENTION

The "Starlight" struck the sodden derelict shortly before midnight, with a crash that jarred the yacht to her innermost fibres.

She struck it full abeam, like a motor-car smashing in the dark into an unlighted farm-waggon drawn across a country lane. Bows crumpled up; bowsprit snapped away; foremast, loosed from its stay, and forced back by the pressure of a half-gale on the close-hauled foresail, carried over to port in a tangle of rope and wire and canvas.

Thrown back on her haunches, the "Starlight" gasped and shivered and began to settle by the head from the rush of water into the forecastle.

"All on deck with lifebelts!"

A seaman rushed through the saloons, throwing wide the cabin doors, and shouting the captain's order.

Up above, men were ripping the canvas covers off the life-boats, flinging oilskins and rugs and provisions into them, slewing round the davits, hauling on the fall-ropes—a furious medley of energies.

Matheson rushed to his wife's cabin, helped her on with some clothes, tied her lifebelt, wrapped a rug around her, and hurried her on deck.

"What have we hit?" he snapped at the captain.

"Derelict."

"How long d'you give her?"

"Ten minutes at the outside!" flung back the captain, and then into his megaphone: "Lower away there with No. 4!"

Lifeboat No. 4 was the second boat on the port side—the leeward side. No. 3 was buried under the tangle of wreckage from the collapse of the foremast, and therefore useless. The boat was already in the water, with the mate and four seamen aboard, when Matheson, who had hurried below, came again on deck with Olaf in his arms. Behind him panted the stewardess and Olive's maid, terrified and clutching some worthless finery of hers.

"Women and children to No. 4!" shouted the captain.

"I won't go without you!" cried Olive to her husband, clinging tight to him.

The captain wasted no precious moments on argument. He thrust the stewardess and the trembling maid before him, and stout arms bundled them down to the plunging boat. Then he passed down the little boy.

"Is there room for all of us?" cried Olive.

"No!"

The mate cast off, and lifeboat No. 4 disappeared into the black night.

"Haul on the main and mizzen sheets!" ordered the captain, to bring the yacht round and get a leeward launch for Nos. 1 and 2.

Presently the two crackling sails gybed over with a thud, and the "Starlight" lay on the starboard tack, head down and filling rapidly.

"Hurry like hell!" shouted the captain.

Into No. 1, with the boatswain in charge and four seamen, went Olive and her husband and the cook; and into No. 2 crowded the carpenter, the two stewards, and the rest of the crew. For the captain was left the frail dinghy, slung from the stern. True to the tradition of the sea, he had refused a place in any of the lifeboats.

Lifeboat No. 2 got away first of the two. It was being tossed dizzily amongst the inky combers twenty yards distant, the men rowing feverishly to get clear of the yacht before she sank and sucked them under. But with No. 1 there was some hitch. The boatswain had unshackled the fall-ropes aft, and the boat slewed off with the jerk of a heavy wave.

"Clear away there forward, blast you!"

Two seamen were tugging at the fall-block. Something had fouled. The "Starlight" was rearing head stern up; her shattered bows were already under the waves; her life was now a matter of seconds only.

"Cut the ropes, you blasted idiots!"

Before the two men could get their knives through the tough rope, the "Starlight" reared like a bucking mare and plunged to her grave, dragging with her lifeboat No. 1 and its eight occupants.

"Jump for it!" yelled the boatswain.

Matheson, one foot caught under a seat, was dragged down and down until his heart hammered like a piston and his lungs were bursting with the fierce effort to hold his breath.

To the drowning man there comes a moment when he perforce gives up the fight and abandons himself to the blessed peace of unconsciousness, like a wanderer in a snowstorm lying down to rest. That moment had come to Matheson, when suddenly the half-severed rope that shackled the lifeboat to the doomed yacht gave way, and with a mutinous jerk the boat rushed itself to the surface, bottom upwards, flinging Matheson clear.

His craving lungs opened to the free air; he lay back on his cork-jacket gulping it in greedily as the whirlpool formed by the sinking yacht carried him round and round in dizzy circles.

The moments of recuperation past, his first thought was for his wife. He caught sight of a shapeless something at the further side of the whirlpool, and with all his strength beat round towards it. It was Olive, clinging to an oar.

He reached her; shouted some words of hope above the roar of the wind; searched around the blackness of the night for a place of safety. Thirty yards away, tossed upwards on a giant wave as though in signal to them, there showed for a brief moment the silhouette of an upturned boat, with two men clinging to it.

"Our boat—over there!" he cried to Olive, and clutching her by the arm, fought the combers towards the hope of refuge.

Straddled across the upturned lifeboat were the boatswain and a seaman. The others had disappeared. On such a night it was impossible to rescue them unless by the accident of chance.

Matheson, buffeted and blinded by the thrash of the waves, just managed to drag Olive to the boat's side. The boatswain, Fraser by name, lent him a hand while he recuperated sufficiently to hoist Olive across the keel of the storm-tossed boat.

"Where are the other boats?" he asked of Fraser, when he had recovered speech.

The boatswain made a gesture of helplessness. In that inky night, who could say where lifeboats No. 2 and 4 might be?

Presently a rocket flung a rain of white stars across the black curtain of the sky. It must be from one of their own boats. But it was far away across the waters. They shouted with all their might. The wind hurled their words away in disdain of the puny effort.

Matheson had pocketed a flask of brandy when the call of all hands on deck had sent him tumbling out of his berth. He now poured some of the spirit down Olive's throat, and passed the flask on to the men.

"Be sparing with it," he warned.

Then he set to work to make his moaning wife as comfortable as the terrible circumstances of their plight would permit. He took off his coat and got her into it, binding her cork jacket around. A rope was trailing from the stern and he secured this and tied it round her waist, giving one end to Fraser to hold and keeping tight hold of the other himself.

Very little was said as the endless hours of the night dragged their leaden length to a sullen dawn.

"Give me the morphia!" Olive had moaned at intervals, in a delirium of fever.

The seaman, who had been the man on watch when the "Starlight" struck the unlighted derelict, had cursed intermittently at the cause of the disaster. "Why didn't they show a blasted light?" he kept on repeating with obstinate illogicality. "Why didn't the fools show a blasted light?"

"Old man Larssen will give you hell when we get to shore."

Olive, in her delirium, caught at the words. "I can see the shore!" she cried. "Over there—over there! Why don't you row? You want to kill me first!"

Matheson tried to soothe her.

"We'll soon be on shore. A boat will pick us up at daybreak."

"Why didn't they show a blasted light?" cursed the seaman.

The sullen dawn uncurtained a waste of slag-coloured, heaving waters. The gale had spent its sudden fury, as though its work were now accomplished, but the sky was grey and inhospitable. Matheson raised himself on his knees on the keel of the boat again and again to search around, but no sail or steamer-smoke gave hope of rescue.

It was not until ten o'clock that a trawler came within distance of seeing them, but apparently their signals of distress were not noticed, for the fishing vessel passed on to its work and disappeared over the horizon.

A few fitful gleams of sunlight mocked their shiverings with promise of warmth—promise unfulfilled. Their brandy was now exhausted, and some ship's biscuits in the boatswain's pocket were sodden and uneatable. Thirst began to add to the horrors of the situation. Olive was moaning for water, and they had none to give her.

The afternoon was far advanced before a Copenhagen-Hull packet ran across them, taking on board three exhausted men and a woman in delirium.



CHAPTER XXXVI

FINALITY

At Hull, prepared by wireless, doctors and nurses were waiting for Olive when the vessel reached port late at night. As Matheson hurried with the ambulance along the quayside, a tubby little figure of a man came up to him.

"You remember me—Martin?" he asked. "I'm covering this story for the Daily Truth."

"Come with me," answered Matheson. "I'll give you the information you want presently."

He had first to see Olive safely in hospital. It was all that he could do for her. Then he returned to the journalist.

"I suppose that you know that the other two boats were picked up early this morning?" said Martin.

"Good! and Larssen's little boy?"

"Quite sound. I made a special interview with him.... By the way, you know that the Hudson Bay flotation is going strong on the wing?"

He held out a newspaper folded back to the financial page. A few moments' glance was sufficient to tell Matheson all that he needed to know—that the issue had been launched in his name on the night of April 30th; that to-morrow at twelve o'clock the lists were to be closed.

If he were to act at all, he must act now—at once. His jaw squared and his mouth tightened as he thought out the situation.

Then to the journalist: "We've got to smash this—you and I."

From the wallet in his breast-pocket Matheson took out Larssen's two agreements—blurred with sea-water, but now dried and fit for his purpose. He handed the agreements to Martin, who whistled surprise as he read them.

"He's underwritten it himself," was the latter's comment.

"Yes. That evades his agreement with me.... What's the price of a full-page advertisement in your paper?"

"First, what's the idea?" returned the journalist.

Matheson led the way to a hotel near at hand, and on a sheet of hotel note-paper wrote these words:—

"The use of my name on the Hudson Bay prospectus is absolutely unauthorized. I earnestly advise all investors to cancel their applications by wire—at once.

(Signed) "Clifford Matheson"

"I want that on a full page," he said decisively.

The journalist read the words, and then looked up suspiciously.

"I knew you as a Mr John Riviere," he objected.

"I know, but I'm Clifford Matheson. I'll prove it to you. I'll bring you the two survivors from the 'Starlight' to testify."

"That's not much evidence."

"In town I could take you to my bankers, but to-night it's impossible. Martin, you've got to believe me! Hear what those two men have to say!"

The journalist considered the matter in sober silence.

"An advertisement like this is sheer libel," he answered presently. "Larssen could rook you for goodness knows what damages if you got it published."

"I know. That goes."

"But my owners wouldn't stand for the damages. They'd be equally liable, you know."

"I'll guarantee them up to my last shilling. Get your editor on the trunk wire, and find out how much guarantee he'll want me to put up."

Martin looked at him half in admiration and half in doubtfulness.

"It would be a tremendous risk for me to take!"

Matheson looked him square in the eye.

"If you want a scoop that will make your career," he answered slowly, "it's here. Waiting for you to pick it up. I promised you first call on my news—here it is. Have you the pluck to take your opportunity?"

"Exclusive?" asked Martin, the magic word "scoop" setting him aflame.

"Exclusive," agreed Matheson.

"You'll prove to me that you're Clifford Matheson right enough?"

"Within half an hour. And give you a full interview, explaining my reasons for the announcement."

"Well, I'm on!"

Martin had a well-deserved newspaper reputation for accuracy and good judgment. On his urgent recommendation, therefore, the managing editor of the Daily Truth consented to run Clifford Matheson's full-page advertisement and to insert the interview, contingent on his depositing with Martin a cheque for L250,000 to indemnify the paper against a possible libel action on the part of Lars Larssen.

Matheson also prepared letters to Sir Francis Letchmere, Lord St Aubyn, and Carleton-Wingate, giving a statement of his reasons for the announcement in the Daily Truth of the next morning, and asking them to send telegrams to all those who had made applications for shares. The telegram to be sent out was worded:—

"I strongly advise all investors to cancel by wire their applications for shares in Hudson Bay Transport. See explanation in Daily Truth of May 3rd.—Clifford Matheson."

Martin, who was leaving for London by a midnight train, took charge of the three letters and promised to have them safely delivered to the three Directors of the company early in the morning.

* * * * *

Two days later, Matheson had to leave his wife in the hands of the doctors in order to attend a brief meeting of the Board of Directors of Hudson Bay Transport, Ltd.

They were seated in the stately board-room of the London and United Kingdom Bank in Lombard Street, at one end of the huge oval table over which the affairs of nations are settled. Clifford Matheson was in the chair.

The routine business of the meeting had been cleared when a clerk announced that Mr Larssen wished to enter. Until the allotments had been made by the other four Directors, he had no legal right to sit at the board of the company or to take part in any discussion. He now asked formal permission to enter, and the Directors formally agreed to receive him.

If they thought to find in Lars Larssen a beaten man, they were greatly mistaken. He came in with his usual masterful stride, and his eyes met theirs surely and squarely.

"I've come to hear what's been fixed between you," he said, and took a seat at the table.

Matheson took up a paper from the bundle before him on the table, and replied with studied formality: "The applications for shares totalled L6,714,000 in round figures. Of these, all but L8200 were cancelled by telegram or letter on the morning of May 3rd."

"As a consequence of your advertisement in the newspaper?"

"Yes. The Board decided to proceed to allotment, and we have accordingly allotted the applications for 8200 shares. The remainder of the 5,000,000 ordinary shares will have to be taken up and paid for by yourself under the terms of your underwriting agreement."

"I expected that. I'm ready to carry out my bond."

"As you will see," continued Matheson with the same studied formality cloaking the irony of his words, "you gain control."

Larssen smiled tolerantly. "That's turned the trick right enough, but don't flatter yourself that you did it. If it hadn't been for a sheer accident that no man alive could foresee or prevent, I'd have won hands down. I haven't been beaten by you, and so I don't bear grudge. And I've no intention of bringing a libel action to gratify your longing for the limelight. I'll just sit tight and let the Hudson Bay scheme flatten out to nothing."

He flicked thumb and forefinger together contemptuously. "That Hudson Bay scheme was chicken-feed. I've bigger than that up my sleeve. What you've done won't put the stopper on me. Let me tell you, Matheson, that it will take a better man than you to down Lars Larssen."

When he left the board-room, all four Directors remained silent. They knew that he had spoken truth. Even in defeat Lars Larssen was a bigger man than any of the four.

* * * * *

From the first, the doctors had little hope of saving Olive. Her constitution, never a strong one, had been undermined by the luxurious pleasure-seeking of her life and the deadly nerve-poison of the morphia. That night and day on the upturned boat—drenched with the waves, chilled, famished, tortured with thirst—had been an ordeal to shatter even a woman with big reserves of strength, and Olive had no such reserves.

When Matheson and his father-in-law hurried back to Hull, it was to find that life was slowly ebbing. Towards the end her mind cleared of delirium, and she spoke rationally.

"Perhaps it is all for the best, Clifford," she murmured. "You came back to me, but could I have held you?"

"You had come to care for me again," he answered gently.

"Yes, but I am so uncertain. It's my nature. I might have held you for a little while ... and then."

"You must think only of getting well again," he urged.

"Don't try to buoy me up with false hopes. It is kind of you, dear; but I see things clearly now.... You came back to me, and I am content. I want rest now—just rest."

Presently her eyelids closed in sleep. Matheson sat watching by her bedside for a long while, holding her hand. She stirred once and murmured drowsily, "You came back to me." And in her sleep she passed away so gradually that none could say when mortal life had ended and the life eternal had begun.



EPILOGUE

In the spring of the following year, Clifford and Elaine were on their wedding journey to Italy. He had rented a sea-coast villa on the Ligurian Riviera, and they were travelling to there from Paris.

It was late at night when the Rome express set them down at their destination. The sea was booming eerily against the rock-wall of the tiny harbour of Santa Margherita, crowded with lateen-sailed fishing craft silhouetted as a tangle of masts and ropes.

But the morning showed a cloudless sky and sunshine dancing on the blue waters of the Gulf of Tigullio. They walked together to the tiny fishing village of Portofino, along the most beautiful road in Italy. To the one side the azure sea was lapping to their feet soft messages of welcome, and to the other the olives and the pastel pines were crowding down the hillsides to wish them joy and happiness.

They climbed together through a grey-green veil of olive-orchards, past the little white Noah's Ark houses of the olive farmers and their quaint little Noah's ark cypresses, to the full height of Portofino Kulm, where the whole enchanted coast-line of the Riviera from Genoa to Sestri Levante lay spread out as a jewelled fringe of ocean. Elaine stood hatless while the wanton breeze caressed her glorious hair and caught at her skirts with careless familiarity.

She threw her arms wide as she cried joyously to Clifford: "Just to be able to see all this!"

"Thanks to Dr Hegelmann."

"I'm glad your work is for science. Some day you'll be able to give to others in return for what science has given to me."

"Indeed I hope so."

"For a month I claim you for myself," continued Elaine. "You and I alone.... Then I'll share you with your work—your big work. You and I and your work!"

* * * * *

TURNBULL AND SPEARS, PRINTERS, EDINBURGH



A SELECTION OF BOOKS PUBLISHED BY METHUEN AND CO. LTD., LONDON 36 ESSEX STREET W.C.



CONTENTS

PAGE General Literature 2 Ancient Cities 13 Antiquary's Books 13 Arden Shakespeare 14 Classics of Art 14 'Complete' Series 15 Connoisseur's Library 15 Handbooks of English Church History 16 Handbooks of Theology 16 'Home Life' Series 16 Illustrated Pocket Library of Plain and Coloured Books. 16 Leaders of Religion 17 Library of Devotion 17 Little Books on Art 18 Little Galleries 18 Little Guides 18 Little Library 19 Little Quarto Shakespeare 20 Miniature Library 20 New Library of Medicine 21 New Library of Music 21 Oxford Biographies 21 Four Plays 21 States of Italy 21 Westminster Commentaries 22 'Young' Series 22 Shilling Library 22 Books for Travellers 23 Some Books on Art 23 Some Books on Italy 24

Fiction 25 Books for Boys and Girls 30 Shilling Novels 30 Sevenpenny Novels 31

* * * * *

A SELECTION OF MESSRS. METHUEN'S PUBLICATIONS

In this Catalogue the order is according to authors. An asterisk denotes that the book is in the press.

Colonial Editions are published of all Messrs. METHUEN'S Novels issued at a price above 2s. 6d., and similar editions are published of some works of General Literature. Colonial Editions are only for circulation in the British Colonies and India.

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This Catalogue contains only a selection of the more important books published by Messrs. Methuen. A complete and illustrated catalogue of their publications may be obtained on application.

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