It was in the summer of the third year of his bank directorship that Robert made his first personal entry into business. The occasion of it was this. One of his early friends who had been at school with him, and with whom he had kept up a precarious and often interrupted intercourse, came to him one morning with an anxious face. He was in business himself, with a little office in one of the dreary lanes in the City, a single clerk, and very limited occupation. He had married young, and had a large family; and Drummond was already aware that while the lines had fallen to himself in pleasant places, poor Markham's lot had been hard and full of thorns. He was now at the very crisis of his troubles. He gave a glance round the painter's handsome studio when he entered, at the pictures on the walls and the costly things about, and the air of evident luxury that pervaded everything, and sighed. His own surroundings were poor and scant enough. And yet he could and did remember that Drummond had started in life a poorer man, with less hopeful prospects than himself. Such a contrast is not lively or inspiriting, and it requires a generous mind to take it kindly, and refrain from a passing grudge at the old companion who has done so much better for himself. Poor Markham had come with a petition, on which, he said, all his future life depended. He had made a speculation which would pay him largely could he only hold out for three months; but without help from his friends this was impossible. It was a large sum that he wanted—more than any private friend would be likely to give him—something between two and three thousand pounds. The welfare of his family, his very existence in a business point of view, and the hopes of his children depended on his ability to tide those three months over. For old friendship's sake, for all the associations of their youth, would Drummond help him? Robert listened with his kindly heart full of sympathy. Long before the story was done, he began to calculate what he had at his disposal, how much he could give; but the sum startled him. He could not produce at a moment's notice a sum of nearly three thousand pounds. With a troubled heart he shook his head and said it was impossible—he had not so much money at his disposal—he could not do it. Then Markham eagerly explained. It was not from his friend's own purse that he had hoped for it; but the bank! On Drummond's introduction, the bank would do it. Rivers's could save him. No such request had ever been made to Robert before. Very few of his friends were business men. Their needs were private needs, and not the spasmodic wants of trade. There were people who had borrowed from himself personally, and some who had been helped by him in other ways; but this was the first appeal made to his influence in the bank. He was startled by it in his innocence of business habits. It seemed to him as if it was like asking a private favour, turning over his own petitioner to a third person. 'He is my friend, give him three thousand pounds.' It seemed to him the strangest way of being serviceable to his neighbour. But poor Markham had all the eloquence of a partially ruined man. He made it clear to Robert, not only that such things were, but they happened continually, and were in the most ordinary course of nature. The end was that they went out together, and had an interview with Mr Golden at the bank. And then Robert found that his acquaintance had not exaggerated, that the matter was even easier than he had represented it, and that there would not be the slightest difficulty in 'accommodating' the man who was Mr Drummond's friend. Markham and he parted at the door of the bank, the one with tears of gratitude in his eyes, blessing God and Robert for saving him, and the other with a bewildered sense of power which he had not realised. He had not known before how much he could do, nor what privileges his directorship put in his hands, and he was confused by the discovery. It bewildered him, as a man might be bewildered to know that he could bestow fertility or barrenness on his fields by a glance: how strange the power was, how sweet in this instance, how—dangerous! Yes, that was the word. He felt afraid of himself as he went home. If such plaints came to him often, it would be so difficult to resist them; and then a kind of horrible dread came over his mind. Would the money ever be paid back that he had got so easily? The thought made his hand shake when he went back to the peaceable work at which no such bewildering risks were run.

When the three months were over, Markham's money was not paid; on the contrary he had fled to Australia, he and all his children, leaving nothing but some wretched old furniture behind him. Poor Drummond was nearly beside himself. He rushed to the bank when he heard the news, and protested that the loss must be his. It was his fault, and of course he must repay it. Mr Golden smiled at him with a genuine admiration of his simplicity. He told him in a fatherly way of a speculation which had been very successful, which had cleared nearly the same sum of money. 'Putting the one to the other, we are none the worse,' he said; 'every commercial concern must make some bad debts.'

Drummond went away with more bewilderment still, with many new thoughts buzzing in his head, thoughts which troubled the composure of his life. He himself being but an artist, and not a merchant, was afraid of money. He touched it warily, trafficked in it with a certain awe. He knew how much labour it required to earn it, and how hard it was to be without it. He could not understand the levity with which Burton and Golden treated that potent thing. To them it was like common merchandise, sugar or salt. A heap of it, as much as would make a poor man's fortune, melted away in a moment, and the bland manager thought nothing of it—it was a bad debt. All this was so strange to him, that he did not know what to make of it. He himself was guilty, he felt, of having thrown away so much which belonged to other people. And every other director on the board had the same power which he had with a painful pleasure discovered himself to have. And they knew better about it than he did; and what check could there be upon them? If every other man among them had been art and part in losing three thousand pounds, what could Robert say? It would not be for him to throw the first stone. He felt like Christian in the story, when, upon the calm hill-side, he suddenly saw a door through which there appeared, open and visible, the mouth of hell. It occurred to Robert to go down to the next meeting of directors, to tell them his own story, and beg that the money lost through his means should be subtracted from his private share of the capital, and to beg all of them to do likewise. He quite made up his mind to this in the first tumult of his thoughts. But before the time for that meeting came, a sense of painful ridicule, that bugbear of the Englishman, had daunted him. They would call him a fool, they would think he was 'canting,' or taking an opportunity to display his own disinterestedness. And accordingly he accepted the misfortune, and was content to permit it to be called a bad debt. But the enlightenment which it threw on the business altogether gave Robert a shock which he did not easily recover. It seemed to show him a possible chasm opening at his very feet, and not at his only, but at the feet of all the ignorant simple people, the poor painters, the poor women, the sick men like Haldane, who had placed their little seed-corn of money in Rivers's bank.

These thoughts were hot in his heart at the time of this misadventure with Markham; and then there came a lull, and he partially forgot them. When no harm is visible, when the tranquil ordinary course of affairs seems to close over a wrong or a blunder, it is so difficult to imagine that everything will not go well. He said as little as possible to Helen on the subject, and she did not take fright fortunately, having many things to occupy her now-a-days. There was her own enlarged and fuller household; the duties of society; her charities, for she was very good to the poor people near Southlees, their house in the country, and kept watch over them even from St Mary's Road. And she had now many friends who came and occupied her time, and carried her off from her husband; so that he had not that resource of talking about it which so often lightens our anxiety, and so often deepens it. In this instance, perhaps, it was as well that he could not awaken her fears to increase and stimulate his own.

And thus everything fell into its usual quietness. Life was so pleasant for them. They had so much real happiness to cushion the angles of the world, and make them believe that all would always be well. Those who have been experienced in pain are apt to tremble and doubt the continuance of happiness when they attain it; but to those who have had no real sorrows it seems eternal. Why should it ever come to an end? This the Drummonds felt with an instinctive confidence. It was easier to believe in any miracle of good than in the least prognostic of evil. The sun was shining upon them; summer was sweet and winter pleasant. They had love, they had ease, they had wealth, as much as they desired, and they believed in it. The passing cloud rolled away from Robert's mind. He reflected that if there was danger there, there was danger in everything; every day, he said to himself, every man may be in some deadly peril without knowing it. We pass beneath the arch that falls next moment; we touch against some one's shoulder unaware, whose touch of infection might be death; we walk over the mined earth, and breathe air which might breed a pestilence, and yet nothing happens to us. Human nature is against everything violent. Somehow she holds a balance, which no one breaks down, though it is possible to be broken down at any moment. The directors might ruin the bank in a week, but they would not, any more than the elements, which are ever ready for mischief, would clash together and produce an earthquake. Such things might be: but never—or so seldom as to be next to never—are.

In the early autumn of that year, however, another shock came upon the ignorant painter. His wife and Norah were at Southlees, where he himself had been. Business had brought him up against his will, business of the gentler kind, concerning art and the Academy, not the bank. He was alone at St Mary's Road, chafing a little over his solitude, and longing for home and the pleasant fields. London, the London he knew and cared for, had gone out of town. August was blazing upon the parks and streets; the grass was the colour of mud, and the trees like untanned leather. The great people were all away in their great houses, and among his own profession those who could afford it had started for Switzerland or some other holiday region, and those who could not had gone for their annual whiff of sea-air. Robert was seated by himself at breakfast, mournfully considering how another day had to be got over, before he could go home, when a hansom dashed up to the door, and Mr Golden, bland and clean as ever, but yet with a certain agitation in his face, came in. He explained eagerly that he had come to Drummond only because the other directors were out of town. 'The fact is,' he said, 'I want you to come with me, not to give you much trouble or detain you long, but to stand by me, if you will, in a crisis. We have had some losses. Those people in Calcutta who chose to stop payment, like fools, and the Sullivans' house at Liverpool.—It is only temporary.—But the Bank of England has made itself disagreeable about an advance, and I want you to come with me and see the governor.'

'An advance! Is Rivers's in difficulties? is there anything wrong? You take away my breath.'

'There is no occasion for taking away your breath,' said Mr Golden; 'it is only for the moment. But it is an awkward time of the year, for everybody is out of town. I should not have troubled you, knowing you were not a business man, but of course the presence of a director gives authority. Don't be alarmed, I beg. I will tell you all about it as we drive along.'

But what Mr Golden told was very inarticulate to Robert, what with the wild confusion produced in his own mind, and the noise and dust of the sultry streets. It was the most temporary difficulty; it was not worth speaking of; it was a simple misunderstanding on the part of the authorities of the Bank of England. 'Why we are worth twenty times the money, and everybody knows it,' said Mr Golden. His words, instead of making Robert confident, made him sick. His sin in that matter of Markham came darkly before him; and, worse even than that, the manager's words recalled Markham's to him. In his case, too, it was to have been merely a temporary difficulty. Drummond's imaginative mind rushed at once to the final catastrophe. He saw ruin staring him in the face—and not only him.

The interview with the authorities of the Bank of England did not make things much clearer to the amateur. They talked of previous advances; of their regret that the sacred name of 'Rivers's' should be falling into mist and darkness; of their desire to have better securities, and a guarantee which would be more satisfactory: to all of which Robert listened with consternation in his soul. But at last the object was attained. Mr Golden wiped the moisture from his forehead as they left the place. 'That has been a tough battle,' he said, 'but thank Heaven! it is done, and we are tided over. I knew they would not be such fools as to refuse.'

'But, good God!' said Robert, 'what have you been doing? What is the meaning of it? Why do you require to go hat in hand to any governor? Is Rivers's losing its position? What has happened? Why don't you call the shareholders together and tell them if anything is wrong?'

'My dear Mr Drummond!' said Mr Golden. He could scarcely do more than smile and say the words.

'Don't smile at me,' said Drummond in the ardour of his heart. 'Do you consider that you have the very lives of hundreds of people in your hands? Call them together, and let them know what remains, for God's sake! I will make good what was lost through me.'

'You are mad,' said Golden, when he saw that his gentle sneer had failed; 'such a step would be ruin. Call together the shareholders! Why, the shareholders—Mr Drummond, for heaven's sake, let people manage it who know what they are about.'

'For heaven's sake! for hell's sake, you mean,' said Robert in his despair. And the words reverberated in his ears, rang out of all the echoes, sounded through the very streets, 'It would be ruin!' Ruin! that was the word. It deafened him, muttering and ringing in his ears.

And yet even after this outburst he was calmed down. Mr Golden explained it to him. It was business; it was the common course of affairs, and only his own entire inexperience made it so terrible to him. To the others it was not in the least terrible, and yet he had no right to conclude that his colleagues were indifferent either to their own danger, or to the danger of the shareholders of whom he thought so much. 'The shareholders of course know the risks of business as well as we do,' Mr Golden said. 'We must act for the best, both for them and for ourselves.' And the painter was silenced if not convinced. This was in the autumn, and during the entire winter which followed the bank went on like a ship in a troubled sea. After a while such a crisis as the one which had so infinitely alarmed him became the commonest of incidents even to Drummond. Now that his eyes had been once enlightened, it was vain to attempt any further concealment. One desperate struggle he did indeed make, when in the very midst of all this anxiety a larger dividend than usual was declared. The innocent man fought wildly against this practical lie, but his resistance was treated as utter folly by the business board, who were, as they said, 'fighting the ship.' 'Do you want to create a panic and a run upon us?' they asked him. He had to be silent, overpowered by the judgment of men who knew better than himself. And then something of the excitement involved in that process of 'fighting the ship' stole into his veins. Somehow by degrees, nobody had been quite aware how, the old partners of Rivers's had gone out of the concern. It was true there had been but three or four to start with; now there was but one left—Lord Rivers, the head of the house, who never took any share in the business, and was as ignorant as the smallest shareholder. The new directors, the fighting directors, were men of a very different class. As the winter went on the ship laboured more and more. Sometimes it seemed to go down altogether, and then rose again with a buoyancy which almost seemed to justify hope. 'Tout peut se rÉtablir,' they said to each other. 'After all we shall tide it over.' And even Robert began to feel that thrill of delight and relief when a danger was 'tided over,' that admiration, not of his own cleverness, but of the cleverness of others, which Golden had once described. Golden came out now in his true colours; his resources were infinite, his pluck extraordinary. But he enjoyed the struggle in the midst of his excitement and exertion, and Drummond did not enjoy it, which made an immense difference between them.

Things became worse and worse as spring came on. By that time, so far as Drummond was concerned, all hope was over. He felt himself sucked into the terrible whirlpool whence nothing but destruction could come. With a heart unmanned by anxiety, and a hand shaking with suppressed excitement, how could he go into his peaceable studio and work at that calmest work, of art? That phase of his existence seemed to have been over for years. When he went into the room he loved it looked to him like some place he had known in his youth—it was fifty years off or more, though the colour was scarcely dry on the picture which stood idly on the easel. When he was called to Academy meetings, to consultations over an old master, or a new rule, a kind of dull amazement filled his soul. Did people still care for such things—was it still possible that beauty and pleasantness remained in life? There were people in these days who felt even that the painter had fallen into bad ways. They saw his eyes bloodshot and his hand trembling. He was never seen with his wife now when she drove her ponies through the park—even in society Helen went sometimes out alone. And they had been so united, so happy a pair. 'Drummond will have nothing ready in April,' the painters said to each other—'even his diploma picture has never been finished—prosperity has not agreed with him.' When he was visible at all, his vacant air, his tremulous look, the deep lines under his eyes, frightened all his friends. Dr Maurice had spoken to him very seriously, begging that he would be candid and tell his ailments. 'You cannot go on like this,' he said. 'You are killing yourself, Drummond.' 'How much can a man go through without being killed, I wonder?' poor Robert asked, with an unsteady smile, and even his friend stopped short in dismay and perplexity. Was it dissipation? Was it some concealed misery? Could his wife have anything to do with it? These suggestions flitted vaguely through the doctor's mind without bringing any certainty with them. Once he seemed to be getting a clue to the mystery, when Robert rushed in upon him one day, and with a show of levity suggested that Haldane's money should be taken out of the bank. 'I know a better investment, and he should have the very best that is going,' said Drummond. Dr Maurice was somewhat startled, for he had money in Rivers's too.

'Where is there a better investment?' he asked.

'In the Three per Cents.,' said Robert, with a hoarse laugh.

Was he mad? Was he——drunk? The doctor took a day to consider it, to think whether there could be anything in it. But he looked at the dividend papers, showing that Rivers's that year had paid ten per cent. And he called upon Dr Bradcliffe, and asked him to go with him privately, accidentally, one of these days, to see a friend whose brain was going, he feared. The two physicians shook their heads, and said to each other mournfully how common that was becoming. But Fate moved faster than Dr Maurice, and the accidental call was never made.