“The assessments have been larger and more frequent than was anticipated. I did not intend embarking more than twenty thousand dollars in the beginning, and already some sixty thousand have been absorbed.”

“To return you that sum, twice told, in less than a year, besides giving you a position of power and influence that the richest capitalist in New York might envy.”

And, enlarging on this theme, Fenwick, as on former occasions, presented to the imagination of Mr. Markland such a brilliant series of achievements, that the latter was elevated into the old state of confidence, and saw the golden harvest he was to reap already bending to the sickle.

Twice had Markland proposed to visit the scene of the Company’s operations, and as often had Mr. Fenwick diverted his thoughts from that direction. He again declared his purpose to go out at an early date.

“We cannot spare you from our councils at home,” said Mr. Fenwick, pleasantly, yet with evident earnestness.

“Oh, yes, you can,” was promptly answered. “I do not find myself of as much use as I desire to be. The direction at this point is in good enough hands, and can do without my presence. It is at the chief point of operations that I may be of most use, and thither I shall proceed.”

“We will talk more about that another time,” said Mr. Fenwick. “Now we must discuss the question of ways and means. There will yet be many thousand dollars to provide.”

“Beyond my present investment, I can advance nothing,” said Mr. Markland, seriously.

“It will not be necessary,” replied Mr. Fenwick. “The credit of the Company—that is, of those in this and other cities, including yourself, who belong to the Company, and have the chief management of its affairs—is good for all we shall need.”

“I am rather disappointed,” said Markland, “at the small advances made, so far, from the other side of the Atlantic. They ought to have been far heavier. We have borne more than our share of the burden.”

“So I have written, and expect good remittances by next steamers.”

“How much?”

“Forty or fifty thousand dollars at least.”

“Suppose the money does not come?”

“I will suppose nothing of the kind. It must and will come.”

“You and I have both lived long enough in the world,” said Markland, “to know that our wills cannot always produce in others the actions we desire.”

“True enough. But there are wills on the other side of the Atlantic as well as here, and wills acting in concert with ours. Have no concern on this head; the English advances will be along in good season. In the mean time, if more money is wanted, our credit is good to almost any amount.”

This proposition in regard to credit was no mere temporary expedient, thought of at the time, to meet an unexpected contingency. It had been all clearly arranged in the minds of Fenwick and other ruling spirits in New York, and Markland was not permitted to leave before his name, coupled with that of “some of the best names in the city,” was on promissory notes for almost fabulous amounts.

Taking into account the former business experience of Mr. Markland, his present reckless investments and still more reckless signing of obligations for large sums, show how utterly blind his perceptions and unsettled his judgment had become. The waters he had so successfully navigated before were none of them strange waters. He had been over them with chart, compass, and pilot, many times before he adventured for himself. But now, with a richly freighted argosy, he was on an unknown sea. Pleasantly the summer breeze had wafted him onward for a season. Spice-islands were passed, and golden shores revealed themselves invitingly in the distance. The haven was almost gained, when along the far horizon dusky vapours gathered and hid the pleasant land. Darker they grew, and higher they arose, until at length the whole sky was draped, and neither sun nor stars looked down from its leaden depths. Yet with a desperate courage he kept steadily onward, for the record of observations since the voyage began was too imperfect to serve as a guide to return. Behind was certain destruction; while beyond the dark obscurity, the golden land of promise smiled ever in the glittering sunshine.

CHAPTER XXIX.

MR. MARKLAND’S determination to visit the scene of the Company’s operations was no suddenly-formed impulse; and the manifest desire that he should not do so, exhibited by Mr. Fenwick, in no way lessened his purpose to get upon the ground as early as possible, and see for himself how matters were progressing. His whole fortune was locked up in this new enterprise, and his compeers were strangers, or acquaintances of a recent date. To have acted with so much blindness was unlike Markland; but it was like him to wish to know all about any business in which he was engaged. This knowledge he had failed to obtain in New York. There his imagination was constantly dazzled, and while he remained there, uncounted, treasure seemed just ready to fall at his feet. The lamp of Aladdin was almost within his grasp. But, on leaving Fenwick and his sanguine associates, a large portion of his enthusiasm died out, and his mind reached forth into the obscurity around him and sought for the old landmarks.

On returning home from this visit to New York, Mr. Markland found his mind oppressed with doubts and questions, that could neither be removed nor answered satisfactorily. His entire fortune, acquired through years of patient labour, was beyond his reach, and might never come back into his possession, however desperately he grasped after it. And “Woodbine Lodge,”—its beauty suddenly restored to eyes from which scales had fallen—held now only by an uncertain tenure, a breath might sweep from his hand.

Suddenly, Markland was awakened, as if from a dream, and realized the actual of his position. It was a fearful waking to him, and caused every nerve in his being to thrill with pain. On the brink of a gulf he found himself standing, and as he gazed down into its fearful obscurity, he shuddered and grew sick. And now, having taken the alarm, his thoughts became active in a new direction, and penetrated beneath surfaces which hitherto had blinded his eyes by their golden lustre. Facts and statements which before had appeared favourable and coherent now presented irreconcilable discrepancies, and he wondered at the mental blindness which had prevented his seeing things in their present aspects.

It was not possible for a man of Mr. Markland’s peculiar temperament and business experience to sit down idly, and, with folded hands, await the issue of this great venture. Now that his fears were aroused, he could not stop short of a thorough examination of affairs, and that, too, at the chief point of operations, which lay thousands of miles distant.

Letters from Mr. Lyon awaited his return from New York. They said little of matters about which he now most desired specific information, while they seemed to communicate a great many important facts in regard to the

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