of all time. That was how Sura saw it. That was all she ever saw. It was all she ever wanted. Sura didn’t mind that she wouldn’t live in the era of their final success… because she thought it would never come.

So Pham stilled the tears that waited behind his eyes. He slipped his arms gently around Sura, and kissed her neck. “Yes, I know,” he finally said.

Pham postponed his departure from Namqem for two years, five. He stayed so long that the Grand Schedule itself was broken. There would be appointments missed. Any more delay and the Plan itself might fail. And when he finally left Sura, something died inside him. Their partnership survived, even their love, in some abstract way. But a chasm of time had opened between them and he knew they could never bridge it again.

By the time he had lived one hundred years, Pham Nuwen had seen more than thirty solar systems, a hundred cultures. There were Traders who had seen more, but not many. Certainly Sura, huddled in planning mode back on Namqem, never saw what Pham did. Sura had only books and histories, reports from far away.

For sessile civilizations, even space-faring ones, nothing lasted forever. It was something of a miracle that the human race had survived long enough to escape Earth. There were so many ways that an intelligent race could make itself extinct. Deadlocks and runaways, plagues, atmosphere catastrophes, impact events—those were the simplest dangers. Humankind had lived long enough to understand some of the threats. Yet, even with the greatest care, a technological civilization carried the seeds of its own destruction. Sooner or later, it ossified and politics carried it into a fall. Pham Nuwen had been born on Canberra in the depths of a dark age. He knew now that the disaster had been mild by some standards—after all, the human race had survived on Canberra even though it lost its high technology. There were worlds that Pham visited multiple times during his first hundred years. Sometimes, it was centuries between the visits. He saw the utopia that had been Neumars fade into overpopulated dictatorship, the ocean cities becoming slums for billions. Seventy years later, he came back to a world with a population of one million, a world of small villages, of savages with painted faces and hand-axes and songs of heartbreak. The voyage would have been a bust, if not for the chants of Vilnios. But Neumars was lucky compared to the dead worlds. Old Earth had been recolonized from scratch four times since the diaspora began.

There had to be a better way, and every new world Pham saw made him more sure that he knew that better way.Empire. A government so large that the failure of an entire solar system would be a manageable disaster. The Qeng Ho trading culture was a start. It would become the Qeng Ho trading empire… and someday a true, governing empire. For the Qeng Ho were in a unique position. At its peak, a Customer civilization possessed extraordinary science—and sometimes made marginal improvements over the best that had ever existed before. Most often, these improvements died when the civilization died. The Qeng Ho, however—they went on forever, patiently gathering the best that could be found. To Sura, that was the Qeng Ho’s greatest trading edge.

To Pham Nuwen, it was more.Why should we trade back all that welearn? Some, yes. That is largely how we make our living. But let us takethe glittering peaks of all human progress—and hold them for the goodof all .

That was how the “Qeng Ho” localizers had come to be. Pham had been aground on Trygve Ytre, as far from Namqem as he had ever voyaged. The people were not even from the same ur-stock as the humans of familiar parts of Human Space.

Trygve’s sun was one of those dim little M stars, the vermin of the colonizable galaxy. There were dozens of such stars for every one that was like Old Earth’s sun—and most had planets. They were dangerous places to settle, the stellar ecosphere so narrow that a civilization without technology could not exist. In the early millennia of Humankind’s conquest of space, that fact had been ignored, and a number of such worlds had been colonized. Ever optimistic, these humans, thinking their technology would last forever. And then at the first Fall, millions of people were left on a world of ice—or a world of fire, if the planet was on the inner side of their star’s ecosphere.

Trygve Ytre was a slightly safer variant, and a common situation: The star was accompanied by a giant planet, Trygve, which orbited a bit outside of the primary’s ecosphere. The giant planet had just two moons, one of them Earth-sized. Both were inhabited in the era when Pham visited. But the larger, Ytre, was the gem. Tidal and direct heating from Trygve supplemented the sun’s meager output. Ytre had land and air and liquid oceans. The humans of Trygve Ytre had survived at least one collapse of their civilization.

What they had now was a technology as high as Humankind ever attained. Pham’s little fleet of starships was welcomed, found decent shipyards in the asteroid belt that lay a billion kilometers out from the sun. Pham left crews aboard the ships, and took local transport inward, to Trygve and Ytre. This was no Namqem, but these people had seen other Traders. They had also seen Pham’s ramscoops and his preliminary trading list… and most of what Pham had did not measure up to Ytre’s native magics.

Nuwen stayed on Ytre for a time, someweeks the locals called the unit, the 600Ksec or so that it took giant Ytre to orbit Trygve. Trygve itself orbited the sun in just over 6Msec. So the Ytreisch calendar worked out neatly to ten weeks.

Though the world teetered between fire and ice, much of Ytre was habitable. “We have a more climate- stable world than Old Earth itself,” the locals bragged. “Ytre is deep within Trygve’s gravity well, with no significant perturbers. The tidal heating has been mellow across a geologic time.” And even the dangers were no big surprise. The M3 sun was just over one degree across. A foolish person could look directly at the reddish disk, see the whorling of gasses, see sunspots vast and dark. A few seconds of such sungazing could cause serious retinal burns, since of course the star was far brighter in the near-IR than in visible light. The recommended eye protectors looked like clear plastic, but Pham was very careful to wear them.

His hosts—a group of local companies—put him up at their expense. He spent his official time trying to learn more of their language and trying to discover something his fleet had brought that might be worth something to his customers. They were trying just as hard. It was something like industrial espionage in reverse. The locals’ electronics was a little better than Pham had ever seen, though there were program improvements the Qeng Ho might suggest. Their medical automation was significantly backward; that would be his foot in the door, a place to haggle from.

Pham and his staff categorized all the things they might bring from this encounter. It would pay for the voyage and more. But Pham heard rumors. His hosts represented a number of—“cartels” was the nearest translation that Pham could make of the word. They hid things from one another. The rumor was of a new type of localizer, smaller than any made elsewhere, and needing no internal power supply. Any improvement in localizers was a profitable item; the gadgets were the positional glue that made embedded systems so powerful. But these “super” localizers were alleged to contain sensors and effectors. If it was anything more than rumor, it would have political and military consequences on Ytre itself—destabilizing consequences.

By now, Pham Nuwen knew how to collect information in a technical society, even one where he wasn’t a fluent speaker, even one where he was being watched. In four weeks he knew which cartel might have the maybe- existent invention. He knew the name of its magnate: Gunnar Larson. The Larson cartel had not mentioned the invention in their trading negotiations. It was not on the table—and Pham didn’t want to hint about it when others were present. He arranged a face-to-face meeting with Larson. It was the sort of thing that would have made sense even to Pham’s aunts and uncles back on medieval Canberra, though the technical subterfuge behind the meeting would have been unintelligible to them.

Six weeks after his landfall on Ytre, Pham Nuwen walked alone through the most exclusive open street in Dirby. Scattered clouds were reminders of the recent rain. They showed pink and gray in the bright twilight. The sun had just set in the deep heart of Trygve. Near the limb of the giant planet, an arch of gold and red was the memory of the sun’s passing into eclipse. The disk of the giant stood across ten degrees of sky. Silent blue lightning flickered in its polar latitudes.

The air was cool and moist, the breeze carrying some natural perfume. Pham kept up his pace, pulling the leash tight every time his snarlihunds wanted to investigate something off the promenade. His cover demanded that he take things slowly, enjoy the view, wave in a courtly way to the similarly dressed people who passed by. After all, what else would a rich, retired resident be doing out in the open but admiring the lights and showing off his hunds? That’s what his contact had claimed anyway. “Security on Huskestrade isn’t really tight. But if you don’t have an excuse to be there, the police may stop you. Take some prize snarlihunds. That’s legitimate reason to be on the promenade.”

Pham’s gaze took in the palaces that showed here and there through the foliage along the promenade. Dirby seemed like a peaceful place. There was security here… but if enough people wanted to pull things down, it could be done in a single night of fire and riot. The cartels played a hard commercial game, but their civilization was coasting through the highest, happiest of its good times…. Maybe “cartels” wasn’t even the right word. Gunnar

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