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designer at Port Lowell, trying to make aircraft that could carry useful payloads in the tenuous Martian atmosphere. In those days he had been Malcolm Mackenzie, for the computer mishap that had irrevocably changed the family name did not occur until he emigrated to Titan. After wasting five years in futile attempts at correction, Malcolm had finally cooperated with the inevitable. It was one of the few battles in which the Makenzies had ever admitted defeat, but now they were quite proud of their unique name.

When he had finished his calculations and stolen enough drafting-computer time to prepare a beautiful set of drawings, young Malcolm had approached the Planning Office of the Martian Department of Transportation. He did not anticipate serious criticism, because he knew that his facts and his logic were impeccable.

A large fusion-powered space liner could use ten thousand tons of hydrogen on a single flight, merely as inert working fluid. Ninety-nine percent of it took no part in the nuclear reaction, but was hurled from the jets unchanged, at scores of kilometers a second, imparting momentum to the ships it drove between the planets.

There was plenty of hydrogen on Earth, easily available in the oceans; but the cost of lifting megatons a year into space was horrendous. And the other inhabited worlds-Mars, Mercury, Ganymede, and the Moon-could not help. They had no surplus hydrogen at all.

Of course, Jupiter and the other Gas Giants possessed unlimited quantities of the vital element, but their gravitational fields guarded it more effectively than any unsleeping dragon, coiled round some mythical treasure of the Gods. In all the Solar System, Titan was the only place where Nature had contrived the paradox of low gravity and an atmosphere remarkably rich in hydrogen and its compounds.

Malcolm was right in guessing that no one would challenge his figures, or deny the feasibility of the scheme, but a kindhearted senior administrator took it upon himself to lecturp young Makenzie on the

political and economic facts of life. He learned, with 7 remarkable speed, about growth curves and forward discounting and interplanetary debts and rates of depreciation and technological obsolescence, and understood for the first time why the solar was backed, not by gold, but by kilowatt-hours.

“It’s an old problem,” his mentor had explained patiently. “In fact, it goes back to the very beginnings of astronautics, in the twentieth century.

We couldn’t have commercial space flight until there were flourishing extraterrestrial colonies-and we couldn’t have colonies until there was commercial space transportation. In this sort of bootstrap situation, you have a very slow growth rate until you reach the takeoff point. Then, quite suddenly, the curves start shooting upward, and you’re in business.

“It could be the same with your Titan refueling scheme-but have you any idea of the initial investment required? Only the World Bank could possibly underwrite it….”

“What about the Bank of Selene? Isn’t it supposed to be more adventurous?”

“Don’t believe all you’ve read about the Gnomes of Aristarchus; they’re as careful as anyone else. They have to be. Bankers on Earth can still go on breathing if they make a bad investment …… But it was the Bank of Selene, three years later, that put up the five megasols for the initial feasibility study. Then Mercury became interested-and finally Mars.” By this time, of course, Malcolm was no longer an aerospace engineer. He had become, not necessarily in this order, a financial expert, a public-relations adviser, a media manipulator, and a shrewd politician. In the incredibly short time of twenty years, the first hydrogen shipments were falling sunward from Titan.

Malcolm’s achievement had been an extraordinary one, now well documented in dozens of scholarly studies, all respectful, though some of them far from flattering. What made it so remarkable-even unique was the way in which he had converted his hard-won expertise from technology to administration. The process had been so imperceptible that no one realized what was happening.

Malcolm was not the first engineer to become a head of state; but he

was the first, a his critics pointed out sourly, to establish a dynasty. And he had done so against odds that would have daunted lesser men.

In 2195, at the age of forty-four, he had married Ellen Killner, recently emigrated from Earth. Their daughter, Anitra, was the first child to be born in the little frontier community of Oasis, then the only permanent base on

Titan, and it was several years before the devoted parents realized the cruel jest that Nature had played upon them.

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