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“Aequam memento rebus in arduis
Servare mentem:”–Horace.

In the City of Liverpool, on a January day of 1905, the Board-room of “The Island Navigation Company” rested, as it were, after the labours of the afternoon. The long table was still littered with the ink, pens, blotting-paper, and abandoned documents of six persons–a deserted battlefield of the brain. And, lonely, in his chairman’s seat at the top end old Sylvanus Heythorp sat, with closed eyes, still and heavy as an image. One puffy, feeble hand, whose fingers quivered, rested on the arm of his chair; the thick white hair on his massive head glistened in the light from a green-shaded lamp. He was not asleep, for every now and then his sanguine cheeks filled, and a sound, half sigh, half grunt, escaped his thick lips between a white moustache and the tiny tuft of white hairs above his cleft chin. Sunk in the chair, that square thick trunk of a body in short black-braided coat seemed divested of all neck.

Young Gilbert Farney, secretary of “The Island Navigation Company,” entering his hushed Board-room, stepped briskly to the table, gathered some papers, and stood looking at his chairman. Not more than thirty-five, with the bright hues of the optimist in his hair, beard, cheeks, and eyes, he had a nose and lips which curled ironically. For, in his view, he was the Company; and its Board did but exist to chequer his importance. Five days in the week for seven hours a day he wrote, and thought, and wove the threads of its business, and this lot came down once a week for two or three hours, and taught their grandmother to suck eggs. But watching that red-cheeked, white-haired, somnolent figure, his smile was not so contemptuous as might have been expected. For after all, the chairman was a wonderful old boy. A man of go and insight could not but respect him. Eighty! Half paralysed, over head and ears in debt, having gone the pace all his life–or so they said!–till at last that mine in Ecuador had done for him–before the secretary’s day, of course, but he had heard of it. The old chap had bought it up on spec’–“de l’audace, toujours de l’audace,” as he was so fond of saying–paid for it half in cash and half in promises, and then–the thing had turned out empty, and left him with L20,000 worth of the old shares unredeemed. The old boy had weathered it out without a bankruptcy so far. Indomitable old buffer; and never fussy like the rest of them! Young Farney, though a secretary, was capable of attachment; and his eyes expressed a pitying affection. The Board meeting had been long and “snadgy”–a final settling of that Pillin business. Rum go the chairman forcing it on them like this! And with quiet satisfaction the secretary thought ‘And he never would have got it through if I hadn’t made up my mind that it really is good business!’ For to expand the company was to expand himself. Still, to buy four ships with the freight market so depressed was a bit startling, and there would be opposition at the general meeting. Never mind! He and the chairman could put it through–put it through. And suddenly he saw the old man looking at him.

Only from those eyes could one appreciate the strength of life yet flowing underground in that well-nigh helpless carcase–deep-coloured little blue wells, tiny, jovial, round windows.

A sigh travelled up through layers of flesh, and he said almost inaudibly:

“Have they come, Mr. Farney?”

“Yes, sir. I’ve put them in the transfer office; said you’d be with them in a minute; but I wasn’t going to wake you.”

“Haven’t been asleep. Help me up.”

Grasping the edge of the table with his trembling hands, the old man pulled, and, with Farney heaving him behind, attained his feet. He stood about five feet ten, and weighed fully fourteen stone; not corpulent, but very thick all through; his round and massive head alone would have outweighed a baby. With eyes shut, he seemed to be trying to get the better of his own weight, then he moved with the slowness of a barnacle towards the door. The secretary, watching him, thought: ‘Marvellous old chap! How he gets about by himself is a miracle! And he can’t retire, they say-lives on his fees!’