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The 15th of July, 1870, found John Worlington Dodds a ruined gamester of the Stock Exchange. Upon the 17th he was a very opulent man. And yet he had effected the change without leaving the penurious little Irish townlet of Dunsloe, which could have been bought outright for a quarter of the sum which he had earned during the single day that he was within its walls. There is a romance of finance yet to be written, a story of huge forces which are for ever waxing and waning, of bold operations, of breathless suspense, of agonised failure, of deep combinations which are baffled by others still more subtle. The mighty debts of each great European Power stand like so many columns of mercury, for ever rising and falling to indicate the pressure upon each. He who can see far enough into the future to tell how that ever-varying column will stand to-morrow is the man who has fortune within his grasp. John Worlington Dodds had many of the gifts which lead a speculator to success. He was quick in observing, just in estimating, prompt and fearless in acting. But in finance there is always the element of luck, which, however one may eliminate it, still remains, like the blank at roulette, a constantly present handicap upon the operator. And so it was that Worlington Dodds had come to grief. On the best advices he had dabbled in the funds of a South American Republic in the days before South American Republics had been found out. The Republic defaulted, and Dodds lost his money. He had bulled the shares of a Scotch railway, and a four months' strike had hit him hard. He had helped to underwrite a coffee company in the hope that the public would come along upon the feed and gradually nibble away some of his holding, but the political sky had been clouded and the public had refused to invest. Everything which he had touched had gone wrong, and now, on the eve of his marriage, young, clear-headed, and energetic, he was actually a bankrupt had his creditors chosen to make him one. But the Stock Exchange is an indulgent body. What is the case of one to-day may be that of another to-morrow, and everyone is interested in seeing that the stricken man is given time to rise again. So the burden of Worlington Dodds was lightened for him; many shoulders helped to bear it, and he was able to go for a little summer tour into Ireland, for the doctors had ordered him rest and change of air to restore his shaken nervous system. Thus it was that upon the 15th of July, 1870, he found himself at his breakfast in the fly-blown coffee-room of the "George Hotel" in the market square of Dunsloe. It is a dull and depressing coffee-room, and one which is usually empty, but on this particular day it was as crowded and noisy as that of any London hotel. Every table was occupied, and a thick smell of fried bacon and of fish hung in the air. Heavily booted men clattered in and out, spurs jingled, riding-crops were stacked in corners, and there was a general atmosphere of horse. The conversation, too, was of nothing else. From every side Worlington Dodds heard of yearlings, of windgalls, of roarers, of spavins, of cribsuckers, of a hundred other terms which were as unintelligible to him as his own Stock Exchange jargon would have been to the company. He asked the waiter for the reason of it all, and the waiter was an astonished man that there should be any man in this world who did not know it. "Shure it's the Dunsloe horse fair, your honour--the greatest horse-fair in all Oireland. It lasts for a wake, and the folk come from far an' near--from England an' Scotland an' iverywhere. If you look out of the winder, your honour, you'll see the horses, and it's asy your honour's conscience must be, or you wouldn't slape so sound that the creatures didn't rouse you with their clatter." Dodds had a recollection that he had heard a confused murmur, which had interwoven itself with his dreams--a sort of steady rhythmic beating and clanking--and now, when he looked through the window, he saw the cause of it. The square was packed with horses from end to end--greys, bays, browns, blacks, chestnuts--young ones and old, fine ones and coarse, horses of every conceivable sort and size. It seemed a huge function for so small a town, and he remarked as much to the waiter. "Well, you see, your honour, the horses don't live in the town, an' they don't vex their heads how small it is. But it's in the very centre of the horse-bradin' districts of Oireland, so where should they come to be sould if it wasn't to Dunsloe?" The waiter had a telegram in his hand, and he turned the address to Worlington Dodds. "Shure I niver heard such a name, sorr. Maybe you could tell me who owns it?" Dodds looked at the envelope. Strellenhaus was the name. "No, I don't know," said he. "I never heard it before. It's a foreign name. Perhaps if you were--" But at that moment a little round-faced, ruddy-cheeked gentleman, who was breakfasting at the next table, leaned forward and interrupted him. "Did you say a foreign name, sir?" said he. "Strellenhaus is the name." "I am Mr. Strellenhaus--Mr. Julius Strellenhaus, of Liverpool. I was expecting a telegram. Thank you very much." He sat so near that Dodds, without any wish to play the spy, could not help to some extent overlooking him as he opened the envelope. The message was a very long one. Quite a wad of melon-tinted paper came out from the tawny envelope. Mr. Strellenhaus arranged the sheets methodically upon the table-cloth in front of him, so that no eye but his own could see them. Then he took out a note-book, and, with an anxious face, he began to make entries in it, glancing first at the telegram and then at the book, and writing apparently one letter or figure at a time. Dodds was interested, for he knew exactly what the man was doing. He was working out a cipher. Dodds had often done it himself. And then suddenly the little man turned very pale, as if the full purport of the message had been a shock to him. Dodds had done that also, and his sympathies were all with his neighbours. Then the stranger rose, and, leaving his breakfast untasted, he walked out of the room. "I'm thinkin' that the gintleman has had bad news, sorr," said the confidential waiter. "Looks like it," Dodds answered; and at that moment his thoughts were suddenly drawn off into another direction. The boots had entered the room with a telegram in his hand. "Where's Mr. Mancune?" said he to the waiter. "Well, there are some quare names about. What was it you said?" "Mr. Mancune," said the boots, glancing round him. "Ah, there he is!" and he handed the telegram to a gentleman who was sitting reading the paper in a corner.
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