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s, contained long descriptions of the scenery about him, and of the life he led. He expressed a firm confidence in Sutherland's enterprises; beyond a doubt, there was no end of money to be made by an energetic man; he should report most favourably to Mr. Vawdrey, whose co-operation would of course be invaluable. For his own part, whether he profited or not from these commercial schemes, he had not been mistaken in foreseeing material for journalism, even for a book. Yes, he should certainly write a book on the Bahamas, if only to expose the monstrous system of misgovernment which accounted for the sterility into which these islands had fallen. The climate, in winter at all events, was superb. Sutherland and he lay about in delicious sunshine, under a marvellous sky, smoking excellent cigars, and talking over old Oxford days. He quoted Tennyson: 'Larger constellations burning,' &c. At the end of December, when Nancy, according to their agreement, began to hope for his return, a letter in a very different tone burdened her with dismal doubts. Tarrant had quarrelled with his friend. He had discovered that Sutherland was little better than a swindler. 'I see that the fellow's professed energy was all sham. He is the laziest scamp imaginable; lazier even than his boozing old father. He schemes only to get money out of people; and his disappointment on finding that _I_ have no money to lose, has shown itself at length in very gross forms. I find he is a gambler; there has just been a tremendous row between him and an American, whom he is said to have cheated at cards. Last year he was for several weeks in Mexico City, a place notorious for gambling, and there lost a large sum of money that didn't belong to him.' The upshot was that he could no longer advise Mr. Vawdrey to have anything to do with Sutherland. But he must not leave the Bahamas yet; that would be most unwise, as he was daily gathering most valuable information. Vawdrey might be induced to lend him a hundred pounds or so. But he would write again very soon. It was the close of January when he dated his next letter. Vawdrey had sent him fifty pounds; this, however, was to include the cost of his return to England. 'See, then, what I have decided. I shall make a hurried tour through the West Indian Islands, then cross to the States, and travel by land to New York or Boston, seeing all I can afford to on the way. If I have to come home as a steerage passenger, ne
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