some of the traditions: the caller who intoned the brokers names like

the offertory in the temple of some exotic religion, the stalls in which

the underwriters conducted their business and the name and uniform of

the institution's servants, the waiters with brass buttons and red

collar tabs.

Rather it was the tradition of concern that was enshrined here, the

concern for ships and for all men who went down to the sea in those

ships and did their business in great waters.

Perhaps later, Nicholas would find time to take Samantha through the

Nelson rooms and show her the displays of memorabilia associated with

the greatest of Britain's sailors, the plate and letters and awards.

Certainly he would have her as lunch guest in the big dining-room, at

the table set aside specifically for visiting sea captains.

But now there were more important considerations to demand all his

attention.  He had come to hear the verdict given on his future - within

a few hours he would know just how high and how fast the wave of his

fortune had carried him.

Come/ he said to Samantha, and led her up the short flight of steps into

the lobby, where there was a waiter alerted to receive them.

We will be using the Committee Room today, sir.  The earlier submissions

by both parties had been heard in one of the smaller offices, leading

off the high gallery above the vast floor of the exchange with its rows

of underwriters stalls.  However, due to the extraordinary nature of

this action, the Committee of Lloyd's had made a unique decision - to

have their arbitrators give their findings and make their award in

surroundings more in keeping with the importance of the occasion.

They rode up in silence, all of them too tense to make the effort of

small-talk.  and the waiter led them down the wide corridor, past the

Chairman's suite of offices and through the double doors into the

grandeur of the room designed by Adam for Bowood House, the country home

of the Marquess of Lansdowne.  It had been taken to pieces, panel by

panel, floor, ceiling, fireplace and plaster mouldings, transported to

London and re-erected in its entirety with such care and attention that

when Lord Lansdowne inspected it, he found that the floorboards squeaked

in exactly the same places as they had before.

At the long table, under the massive glittering pyramids of the three

chandeliers, the two arbitrators were already seated.  Both of them were

master mariners, selected for their deep knowledge and experience of the

sea, and their faces were toughened and leathery from the effects of sea

and salt water.  They talked quietly together, without acknowledging in

any way the rows of quietly attentive faces in the rows of chairs facing

them - until the minute hand of the antique clock on the Adam fireplace

touched its zenith.  Then the President of the court looked across at

the waiter who obediently closed the double doors and stood to attention

before them.

This Arbitration Court has been set up under the Committee of Lloyd's

and empowered to receive evidence in the matter between the Christy

Marine Steamship Co.  Ltd.

and the Ocean Salvage and Towage Co.  Ltd.  This Court finds common

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