"As my father's own—decidedly." 

 "It has belonged to his bankers for at least five years." 

 "How do you know?" cried Harry hotly. 

 "He told me himself, when I first came down here, now eighteen months ago. We met in London, and he asked me down. I was in hopes we might do business together; but it was no go." 

 "What sort of business?" 

 "I wanted him to turn the whole thing into a Limited Liability Company," said Gordon Lowndes, reeling off the last three words as though he knew them better than his own name; "I mean those useless blast-furnaces! What good were they doing? None at all. Three bob a ton on the wrong side! That's all the good they'd done for years, and that's all they were likely to do till times changed. Times never will change—to what they were when you were breeched—but that's a detail. Your father's name down here was as sweet as honey. All he'd got to do was to start an extra carriage or two, put up for Parliament on the winning side, and turn his works into a Limited Liability Company. I'd have promoted it. I'd have seen it through in town. The best men would have gone on the board, and we'd have done the bank so well in shares that they wouldn't have got out of it if they could. We'd have made a spanking good thing of it if only the governor would have listened to reason. He wouldn't; said he'd rather go down with the ship than let in a lot of shareholders. 'Damn the shareholders!' says I. 'Why count the odds in the day of battle?' It's the biggest mistake you can make, Ringrose, and your governor kept on making it! It was in this very room, and he was quite angry with me. He wouldn't let me say another word. And what happens? A year or so later—this last February—he wires me to come down at once. Of course I came, but it was as I thought: the bank's sick of it, and threatens to foreclose. I went to see them; not a bit of good. Roughly speaking, it was a case of either paying off half the mortgage and reconstructing the whole bag of tricks, or going through the courts to beggary. Twenty thousand was the round figure; and I said I'd raise it if it was to be raised." 

 This speech had barely occupied a minute, so rapidly was it spoken; and there was much of it which Harry, in his utter ignorance of all such matters, would have found difficult to follow at a much slower rate of utterance. As it was, however, it filled him with 

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