There came a moment when he stopped suddenly. Some sensory clue he could not pin down, some scent on the air or some glimpse he had not consciously registered told him he was near. He stood very still and slowly scanned the area all around him. His eyes went past it and then the hair on the back of his neck stood up as he swivelled his gaze back suddenly. There. Mud-laden vegetation draped over it, and the river's raging flood had coated it in mud, but a single streak of grey showed through. A wizardwood log.

It was not a huge one, not as big as he had heard that they could be. Its diameter was perhaps two-thirds of his height, and he was not a tall man. But it was big enough, he thought.

Big enough to make him very wealthy. He glanced back over his shoulder, but the undergrowth that blocked his view of the river and his moored barge would also shield him from spying eyes. He doubted that any of his crew would be curious enough to follow him. They'd been asleep when he left, and no doubt were still abed. The secret trove was his alone.

He pushed his way through the vegetation until he could touch the log. It was dead. He had known that even before he had touched it. When he was a boy, he'd been down to the Crowned Rooster chamber. He'd seen Tintaglia's log before she had hatched from it, and had known the crawly sensation it had wakened in him. The dragon in this log had died and would never hatch. It didn't much matter to him if it had died while the log still rested on the banks of the cocooning beach, or if the tumbling it had taken in the flood had killed it. The dragon inside it was dead, the wizardwood was salvageable, and he was the only one who knew where it was. And by his great good fortune, he was one of the few who knew how best to use it.

Back in the days when the Khuprus family had made part of its vast fortune from working wizardwood, back before anyone had ever known or admitted what the 'wood' really was, his mother's brothers had been wizardwood workers. He'd been just a lad, wandering in and out of the low building where his uncles' saws bit slowly through the iron-hard stuff. He'd been nine when his father had decided he was old enough to come and work on the barge with him. He'd taken up his rightful trade as bargeman, and learned his trade from the deck up. And then, when he had just turned twenty-two, his lather had died and the barge had come to him. He'd been a riverman for most of his life. But from his mother's side, he had the tools of the wizardwood trade, and the knowledge of how to use them.

He made a circuit of the log. It was heavy going. The flood waters had wedged it between two trees. One end of it had been jammed deep into mud while the other pointed up at an angle and was wreathed in forest-flood debris. He thought of tearing the stuff clear so he could have a good look at it and then decided to leave it camouflaged. He made a quick trip back to the barge, moving stealthily as he took a coil of line from the locker, and then returned hastily to secure his find. It was dirty work but when he had finished he was satisfied that even if the river rose again his treasure would stay put.

As he slogged back to his barge, he felt the heavy felt sock inside his boot becoming damp. His foot began to sting. He increased his pace, cursing to himself. He'd have to buy new boots at the next stop. Parroton was one of the smallest and newest settlements on the Rain Wild River. Everything there was expensive, and bull-hide boots imported from Chalced would be difficult to find. He'd be at the mercy of whoever had a pair to sell. A moment later, a sour smile twisted his mouth. Here he had discovered a log worth more than ten years of barge-work, and he was quibbling with himself over how much he was going to have to pay for a new pair of boots. Once the log was sawn into lengths and discreetly sold off, he'd never have to worry about money again.

His mind was busy with logistics. Sooner or later, he'd have to decide who he would trust to share his secret. He'd need someone else on the other end of the crosscut saw, and men to help carry the heavy planks from the log to the barge. His cousins? Probably. Blood was thicker than water, even the silty water of the Rain Wild River.

Could they be that discreet? He thought so. They'd have to be careful. There was no mistaking fresh-cut wizardwood; it had a silvery sheen to it, and an unmistakable scent. When the Rain Wild Traders had first discovered it, they had valued it solely for its ability to resist the acid water of the river. His own vessel, the Tarman, had been one of the first wizard-wood ships built, its hull sheathed with wizardwood planks. Little had the Rain Wild builders suspected the magical properties the wood possessed. They had merely been using what seemed to be a trove of well-aged timber from the buried city they had discovered.

It was only when they had built large and elaborate ships, ships that could ply not just the river but the salt waters of the coast, that they had discovered the full powers of the stuff. The figureheads of those ships had startled everyone when, generations after the ships had been built, they had begun to come to life. The speaking and moving figureheads were a wonder to all. There were not many liveships, and they were jealously guarded possessions. None of them were ever sold outside the Traders' alliance. Only a Bingtown Trader could buy a liveship, and only liveships could travel safely up the Rain Wild River. The hulls of ordinary ships gave way quickly to the acid waters of the river. What better way could exist to protect the secret cities of the Rain Wilds and their inhabitants?

Then had come the far more recent discovery of exactly what wizardwood was. The immense logs in the Crowned Rooster chamber had not been wood; rather they had been the protective cocoons of dragons, dragged into the shelter of the city to preserve them during an ancient volcanic eruption. No one liked to speak of what that really meant. Tintaglia the dragon had emerged alive from her cocoon. Of those other logs' that had been sawed into timber for ships, how many had contained viable dragons? No one spoke of that. Not even the liveships willingly discussed the dragons that they might have been. On that topic, even the dragon Tintaglia had been silent. Nonetheless, Leftrin suspected that if anyone learned of the log he had found, it would be confiscated. He couldn't allow it to become common knowledge in Trehaug or Bingtown, and Sa save him if the dragon herself heard of it. So, he would do all that he could to keep the discovery private.

It galled him that a treasure that he once could have auctioned to the highest bidder must now be disposed of quietly and privately. But there would be markets for it. Good markets. In a place as competitive as Bingtown, there were always traders who were willing to buy goods quietly without being too curious about the source, an aspiring Trader willing to barter in illegal goods for the chance to win favour with the Satrap of Jamaillia.

But the real money, the best offers would come from Chalcedean traders. The uneasy peace between Bingtown and Chalced was still very young. Small treaties had been signed, but major decisions regarding boundaries and trades and tariffs and rights of passage were still being negotiated. The health of the ruler of Chalced, it was rumoured, was failing. Chalcedean emissaries had already attempted to book passage up the Rain Wild River. They had been turned back, but everyone knew what their mission had been: they wished to buy dragon parts; dragon blood for elixirs, dragon flesh for rejuvenation, dragon teeth for daggers, dragon scales for light and flexible armour, dragon's pizzle for virility. Every old wife's tale about the medicinal and magical powers of dragon parts seemed to have reached the ears of the Chalcedean nobility. And each noble seemed more eager than the last to win his duke's favour by supplying him with an antidote to whatever debilitating disease was slowly whittling him away. They had no way of knowing that Tintaglia had hatched from the last wizardwood log the Rain Wilders possessed; there were no embryonic dragons to be slaughtered and shipped off to Chalced. Just as well. Personally, Leftrin shared the opinion of most Traders: that the sooner the Duke of Chalced was in his grave, the better for trade and humanity. But he also shared the pragmatic view that, until then, one might as well make a profit off the diseased old war-monger.