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286 point, that's my shame; that's what killed me this afternoon when Mamie was treating you so, and my conscience was telling me all the time, Thou art the man.'”

“What was it, Jim?” I asked.

“What I had been at all the time, Loudon,” he wailed; “and I don't know how I'm to look you in the face and say it, after my duplicity. It was stocks,” he added in a whisper.

“And you were afraid to tell me that!” I cried. “You poor, old, cheerless dreamer! what would it matter what you did or didn't? Can't you see we're doomed? And anyway, that's not my point. It's how I stand that I want to know. There is a particular reason. Am I clear? Have I a certificate, or what have I to do to get one? And when will it be dated? You can't think what hangs by it!”

“That's the worst of all,” said Jim, like a man in a dream, “I can't see how to tell him!”

“What do you mean?” I cried, a small pang of terror at my heart.

“I'm afraid I sacrificed you, Loudon,” he said, looking at me pitifully.

“Sacrificed me?” I repeated. “How? What do you mean by sacrifice?”

“I know it'll shock your delicate self-respect,” he said; “but what was I to do? Things looked so bad. The receiver—” (as usual, the name stuck in his throat, and he began afresh). “There was a lot of talk; the reporters were after me already; there was the trouble and all about the Mexican business; and I got scared right out, and I guess I lost my head. You weren't there, you see, and that was my temptation.”

I did not know how long he might thus beat about the bush with dreadful hintings, and I was already beside myself with terror. What had he done? I saw he had been tempted; I knew from