mark the captain's presence.

"Messenger boy, messenger boy!" I heard him say. "Somebody call me a
messenger boy."

At last somebody did, but it was not the captain.

"He's sending for instructions," I wrote to Pinkerton.

"For money," he wrote back. "Shall I strike out? I think this is the
time."

I nodded.

"Thirty thousand," said Pinkerton, making a leap of close upon three
thousand dollars.

I could see doubt in Bellairs's eye; then, sudden resolution.
"Thirty-five thousand," said he.

"Forty thousand," said Pinkerton.

There was a long pause, during which Bellairs's countenance was as
a book; and then, not much too soon for the impending hammer, "Forty
thousand and five dollars," said he.

Pinkerton and I exchanged eloquent glances. We were of one mind.
Bellairs had tried a bluff; now he perceived his mistake, and was
bidding against time; he was trying to spin out the sale until the
messenger boy returned.

"Forty-five thousand dollars," said Pinkerton: his voice was like a
ghost's and tottered with emotion.

"Forty-five thousand and five dollars," said Bellairs.

"Fifty thousand," said Pinkerton.

"I beg your pardon, Mr. Pinkerton. Did I hear you make an advance, sir?"
asked the auctioneer.

"I--I have a difficulty in speaking," gasped Jim. "It's fifty thousand,
Mr. Borden."

Bellairs was on his feet in a moment. "Auctioneer," he said, "I have to
beg the favour of three moments at the telephone. In this matter, I am
acting on behalf of a certain party to whom I have just written----"

"I have nothing to do with any of this," said the auctioneer, brutally.
"I am here to sell this wreck. Do you make any advance on fifty
thousand?"

"I have the honour to explain to you, sir," returned Bellairs, with a
miserable assumption of dignity. "Fifty thousand was the figure named by
my principal; but if you will give me the small favour of two moments at
the telephone--"

"O, nonsense!" said the auctioneer. "If you make no advance, I'll knock
it down to Mr. Pinkerton."

"I warn you," cried the attorney, with sudden shrillness. "Have a care
what you're about. You are here to sell for the underwriters, let me
tell you--not to act for Mr. Douglas Longhurst. This sale has been
already disgracefully interrupted to allow that person to hold a
consultation with his minions. It has been much commented on."

"There was no complaint at the time," said the auctioneer, manifestly
discountenanced. "You should