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"Your partner, Mister Gregg?" Hollin said. Richards, who'd jerked around as though he'd been stabbed, said nothing. Grouse twitched backward. His reflex, barely controlled, was to try to vanish into the crowd.

"Why, yes, Factor Hollin," Stephen said. He continued to walk forward in a curving path. His advance forced the bankers to move away from Blythe and, not coincidentally, put Stephen's own back to the wall. There was no physical need for that precaution here, but at the psychic level Stephen felt better for it. We live in our minds, after all.

He knew the three bankers better than he liked them. They were the new breed of financier, young men who'd made their mark in the current expansion of commerce. Grouse was of an age with Stephen and Piet, and the other two were only in their forties.

Stephen had heard the trio described as ruthless, but the word means different things to different people. Ruthless means firing into a compartment full of people because somewhere among the screaming civilians is a Fed soldier with a gun. Ruthless is-

Stephen focused back on the present, on the three well-dressed men staring at him in horror and the woman with a look of concern. Blythe's left hand was raised to touch him, to call him back from where he'd gone for an instant.

"I was sure there'd been a failure of communication," Stephen said. By the end of the sentence, his voice was back to its normal pleasant tenor, free of the rusty harshness that made the first words sound as though they'd been vocalized by an ill-programmed machine. "None of you gentlemen would have insulted my honor by knowingly trying to undercut my arrangements."

"Good God, no, sir!" Richards blurted as he backed away. The banker didn't have a high reputation for honesty, but there was no doubting the simple truth of his words this time.

Stephen smiled at the statement, but the bankers missed the humor of it. They bowed their respects and scuttled into the crowd, avoiding one another as well as their former quarry.

Sarah Blythe still stood beside him. Stephen scanned the assembly, looking over her head instead of at her. Not necessary, but-

"Those three had a good notion of what it costs to outfit a commercial vessel for raiding," Stephen said. "They should, after all, since they've had shares in at least a dozen raiders in the past five years. They work with the Mosterts, often as not. Were they right about your own financial condition?"

Blythe nodded, her expression deliberately blank. "Credit's tight, yes," she said. "Credit was tight before I came back from Lilymead with an empty hold, though I thought-I think that I'll be able to raise the necessary on the basis of the Commission of Redress."

She cleared her throat. "I. ." she said. "Ah, thank you for what you did."

She was looking at him, but he continued to view the room. "My pleasure," he said. He laughed, a sound like that of bricks clinking together. "It's a pity, I suppose, but that's really true."

Blythe cleared her throat. "Well, thank you again. I need to see Councilor Duneen, so-"

"We have business to transact," Stephen said crisply. "If you're amenable, I'll take a silent partnership in your venture. You'll retain full control of the Gallant Sallie-captain her, engage the crew, all as you've been doing previously. I'll undertake to outfit the vessel for the voyage at my own sole charge, and to provide expertise."

He gave her a businesslike smile. "You'll need an expert, me or someone like me. I assure you, a raiding voyage is very different from the commercial endeavors in which you've been engaged to present."

She nodded back. "I can see that," she said. She didn't really understand, though. She thought he meant differences in staff and equipment. .

"The relative value of the ship's share and the backer's share will be determined by survey of the vessel," Stephen continued, speaking with the seamless precision of a man at one with his subject. "We'll each appoint a surveyor, the pair to choose the third man themselves. Captain's and crew's shares aren't affected, of course."

"I'd want to discuss this with. ." Blythe said, but she let her voice trail off as she reconsidered. Her father, Stephen assumed, though there might well be a man in her life. There deserved to be.

"Alternatively," he concluded, "I'll put a consol down and you'll double it to me on your return. For honor's sake."

He grinned. Her face lost the thoughtful animation of a moment before and became guarded again.

"I told those three that I was your partner, you see," he explained. "So I need to put something into the expedition."

At the back of the room, Piet shook hands with Kuelow of Thorn, leaning across the table to clap the magnate on the back. Piet's eyes met Stephen's in a quick flicker. Stephen flared the fingers of his left hand in an all's-well signal; Piet nodded and switched the full force of his personality to the next man waiting to talk with him, the agent of a syndicate of Betaport shippers.

They'd been looking out for each other for a decade now, he and Piet. One way and another.

"Why are you making this offer, Mister Gregg?" Sarah Blythe said. She wasn't quite able to hide the unintended challenge.

"My uncle is Benjamin Gregg," Stephen said in a mildly bantering tone. "Gregg of Weyston, Weyston Trading. Uncle Ben would disown me if I turned down a business opportunity like this when it dropped in my lap. And there's also. ."

Stephen looked at Captain Sarah Blythe, feeling the sadness at what so easily might have been: Stephen Gregg, merchant. Stephen Gregg, managing partner in Weyston Trading by now, though Uncle Ben wasn't the sort to give up titular control while life was in him.

"There's also the fact that I said I'd make amends for my boorishness," he went on, rubbing his cheek where she'd hit him.

Blythe snorted. "I'd say running those three off put the debt on my side of the ledger," she said, nodding dismissively toward Factor Richards, glimpsed across the room.

"I said that was a pleasure," Stephen repeated. "God help me, but it was."

"Very well," Blythe said. "My hand on the bargain then, Mister Gregg."

Her grip was firm, but her palms were sweating. If she had not been nervous, that would have meant she didn't understand what had been going on.

"I'll talk to Calaccio about the survey," she went on. "He's the primary noteholder. Ishtar Chandlery, you know."

Stephen nodded. "I'll get one of Uncle Ben's people and tell him to contact Calaccio," he said. "Oh, and if you'll ask Calaccio to turn over the vessel's full supply and maintenance logs to my representative, I'll get to work at once on my end. And let me take care of Duneen."

"I should hit men more often," Blythe said with a straight face.

"If they behave the way I did, you should indeed," Stephen replied.

Blenrott, beaming with the success of the affair he was hosting, turned from a group of courtiers and caught Stephen's eye. Stephen gave him a full bow.

"On Thursday," Stephen said in a voice that Blythe leaned closer to hear, "I'll attend Factor Blenrott's levee. My presence will make his peers think he stands a meter taller; which is stupid, but it's the truth nonetheless."

"I think my friend Mister Gregg can best supply those estimates," Piet said in tones pitched to carry across the five meters of conversation separating the two of them.

"Duty calls," Stephen said, gesturing with his left hand but looking directly at Blythe for the first time since he'd driven away the bankers. "Blenrott's affair will be excruciatingly dull," he went on in the same soft voice as he'd used when he discussed their host before. "That's good. I believe a person should be punished for acting badly. It makes it unlikely that he'll do that particular thing again."

Stephen bowed to the woman and returned to where Piet needed him for a discussion of share percentages.