In which Mr. Fisker and Paul Montague grapple with the uneasy realities of their railway enterprise amid high society’s gambling and social manoeuvres at the Beargarden club, where fortunes and friendships are both at stake. The company’s directors navigate the delicate balance of honour, debt, and conviviality, culminating in a spirited farewell dinner for Fisker that belies the undercurrents of doubt and financial precariousness.