This was also the train for Black Harbour. There were a good many passengers going northwards, a good many alighting at Ullerton; and in the hurry and confusion I had some difficulty in finding a place in a second-class carriage, the passengers therein blocking up the windows with that unamiable exclusiveness peculiar to railway travellers. I found a place at last, however; but in hurrying from carriage to carriage I was startled by an occurrence which I have since pondered very seriously.

I ran bolt against my respected friend and patron Horatio Paget.

We had only time to recognise each other with exclamations of mutual surprise when the clanging bell rang again, and I was obliged to scuffle into my seat. A moment's delay would have caused me to be left behind. And to have remained behind would have been very awkward for me; as the Captain would undoubtedly have questioned me as to my business in Ullerton. Was I not supposed to be at Dorking, enjoying the hospitality of an aged aunt?

It would have been unlucky to lose that train.

But what "makes" the gallant Captain in Ullerton? That is a question which I deliberated as the train carried me towards Black Harbour.

Sheldon warned me of the necessity for secrecy, and I have been as secret as the grave. It is therefore next to an impossibility that Horatio Paget can have any idea of the business I am engaged in. He is the very man of all others to try and supersede me if he had an inkling of my plans; but I am convinced he can have no such inkling.

And yet the advertisement of the Haygarth property in the Times was as open to the notice of all the world as it was open to the notice of George Sheldon. What if my patron should have been struck by the same advertisement, and should have come to Ullerton on the same business?

It is possible, but it is not likely. When I left town the Captain was engaged in Philip Sheldon's affairs. He has no doubt come to Ullerton on Philip Sheldon's business. The town, which seems an abomination of desolation to a man who is accustomed to London and Paris, is nevertheless a commercial centre; and the stockbroker's schemes may involve the simple Ullertonians, as well as the more experienced children of the metropolis.

Having thought the business out thus, I gave myself no further trouble about the unexpected appearance of my friend and benefactor.