Tourmalin's Time Cheques. Anstey F.

case he should feel himself wavering at any time, he had been careful to provide himself with a talisman in the shape of a photograph, the mere sight of which would be instantly effectual. But somehow, since he had been on board the Boomerang, the occasions on which he had been driven to refer to this photograph had been growing more and more frequent; while, at the same time, he had a tormenting consciousness that it took an increasingly longer time to work.

      He brought it out now, and studied it attentively. It was the likeness of a girl without any great pretensions to beauty, with dark hair rolled neatly back from a massive brow that shone with intellectuality; penetrating eyes, whose keenness was generally tempered by folding-glasses; a large, firm mouth, and a square chin: altogether, the face of a young woman who would stand no trifling.

      He put it back respectfully in his pocket; but the impulse to go across and drop, in an accidental fashion, into a vacant seat near one of those two girls was still unconquered. He was feeling so dull; he had got such a very little way into the History of Civilisation, a work which he was reading rather for Sophia's satisfaction than his own, and there was such a lot more of it! Might he not allow himself a brief holiday, and beguile the long weary morning with a little cheerful conversation? It was most unlikely, strict etiquette being by general consent suspended on board ship, that either young lady would resent a hazarded remark – at all events, he could but try.

      But then his oath – his rash and voluntary oath to Sophia – what of that? He had not, it was true, debarred himself from ordinary civility; but could he be sure of keeping always within those bounds if the acquaintanceship was once established? He had reasons for doubting this very seriously. And, besides, had not Sophia more than hinted in her last letter that, as a reward for his fidelity, she might join the ship at Gibraltar with her mother, and so put an earlier end to his term of probation? He could not be too careful. After holding out so long, it would be madness to relax his precautions now. No, he would resist these Sirens, like a modern Ulysses; though, in the latter's case, the Sirens were not actually on board, and, even then, the hero had to be lashed to the mast. But Tourmalin felt confident, notwithstanding, that he would prove at least as obdurate as the wily Greek.

      He was not a strong-minded man; but he had one quality which is almost as valuable a safeguard against temptation as strength of mind – namely, timidity.

      His love for his betrothed was chastened by a considerable dash of awe, and he was resolved not to compromise himself in her eyes just for the sake of a little temporary distraction.

      At this point of his deliberations he looked at his watch: it was close upon twelve; only one hour to be got through before tiffin. Why, an hour was nothing; he could surely contrive to kill it over Buckle! A little courage, a little concentration, and he would certainly attain to an interest in "the laws which govern human actions."

      The ship's bells were just striking; he counted the strokes: one, two, three, four, five – and no more! There must be some mistake; it could not possibly be only half-past ten. Why, it was hours since breakfast!

      "Looking at your watch, eh?" said his friend Perkins, as he reached Peter's chair for about the hundredth time. "Ah! you're fast, I see. Haven't altered your watch yet? They've put the ship's clock back again this morning; nearly half-an-hour it was this time – it was rather less yesterday and the day before: we shall go on gaining so much extra time a day, I suppose, till we get to Gib."

      "You don't mean to tell me that!" exclaimed Peter, with a half-suppressed groan. If the time had seemed tedious and interminable enough before, how much more so was it now! How infinitely greater would the effort be to fix his thoughts resolutely on Buckle, and ignore the very existence of his distracting neighbours, now that it was to be daily prolonged in this exasperating manner!

      "You don't seem to appreciate the arrangement?" remarked the Manager, as he allowed himself to drop cautiously – for he was a bulky man – into a hammock-chair beside Tourmalin.

      "Appreciate it!" said Peter, with strong disgust. "Aren't there enough half-hours, and confoundedly long ones, too, in the day as it is, without having extra ones forced on you like this? And giving it to us in the daytime, too! They might at least put the clock back at night, when it wouldn't so much matter. I do think it's very bad management, I must say!"

      His companion began a long explanation about the meridian, and sun's time, and ship's time, and Greenwich time, to which Peter gave but a very intermittent attention, so stupefied did he feel at this unwelcome discovery.

      "It's a curious thing to think of," the other was saying thoughtfully, "that a man, by simply making a voyage like this, should make a clear gain of several hours which he would never have had at all if he had stayed at home!"

      "I would much rather be without them" said Peter. "I find it quite difficult enough to spend the time as it is; and how on earth I can spend any more, I don't know!"

      "Why spend it, then?" asked his friend quietly.

      "What else am I to do with it?"

      "What else? See here, my friend; when you have an amount of spare cash that you've no immediate use for, you don't let it lie idle at home, do you? You pay it in to your credit at a bank, and let it remain on deposit till you do want it – eh? Well, then, why not treat your spare time as you would your spare cash. Do you see what I mean?"

      "Not altogether," confessed Peter, considerably puzzled.

      "It's simple enough nowadays. For instance, the establishment I have the honour to be connected with – the Anglo-Australian Joint Stock Time Bank Limited – confines itself, as you are doubtless aware, almost entirely to that class of business."

      "Ah!" said Peter, no more enlightened than before, "does it indeed? Would you mind explaining what particular class of business it carries on? I don't quite understand."

      "Bless my soul, sir!" said the Manager, rather irritably, "you must be uncommonly ignorant of financial matters not to have heard of this before! However, I will try to make it clear to you. I daresay you have heard that 'Time is Money'? Very well, all our operations are conducted on that principle. We are prepared to make advances, on good security of course, of time to almost any amount; and we are simply overwhelmed with applications for loans. Business men, as you may know, are perpetually pressed for time, and will consent to almost anything to obtain it. Our transactions in time, sir, are immense. Why, the amount of Time passing through our books annually during the last ten years, averages – ah! about sixty centuries! That's pretty well, I think, sir?"

      He was so perfectly business-like and serious that Peter almost forgot to see anything preposterous in what he said.

      "It sounds magnificent," he said politely; "only, you see, I don't want to borrow any time myself. I've too much on my hands already."

      "Just so," said the Manager; "but if you will kindly hear me out, I am coming to that. Lending time is only one side of our business; we are also ready to accept the charge of any spare time that customers may be willing to deposit with us, and, with our experience and facilities, I need hardly say that we are able to employ it to the best advantage. Now, say, for example, that you wish to open an account with us. Well, we'll take these spare half-hours of yours that are only an encumbrance to you at present, and if you choose to allow them to remain on deposit, they will carry interest at five per cent. per month; that is, five minutes on every hour and three-quarters, roughly, for each month, until you withdraw them. In that way alone, by merely leaving your time with us for six months you will gain – now, let me see – over three additional hours in compound interest on your original capital of ten hours or so. And no previous notice required before withdrawal! Let me tell you, sir, you will not find many banks do business on such terms as that!"

      "No," said Peter, who could not follow all this arithmetic, "so I should imagine. Only, I don't quite see, if you will pardon my saying so, what particular advantage I should gain if I did open an account of this sort."

      "You don't? You surprise me, you really do. Here are you, with these additional hours lying idle on your hands: you didn't expect 'em, and don't want 'em. But how do you know that you mayn't be glad of 'em at some time or other? Just think how grateful you might be hereafter, if you could get back a single one of these half-hours