The value structure of Edward Arthur Walton is mid-key: quiet, controlled, and cohesive. A distinctly cool atmosphere runs through this palette: sky, water, and mist given colour form. Every colour is desaturated; the palette proceeds through near-neutrals and gently-coloured greys. The dominant colour, #3A3121, takes 33.2% of the total area, establishing the overall mood before any other hue is introduced. Only 1.1% is devoted to #D19E69, yet that small allocation delivers the palette's entire chromatic tension. A value spread of 65 units gives the palette both depth and air - shadows are genuinely dark, lights genuinely light. High luminosity and cool temperature suggest the plein-air condition: unfiltered daylight and open sky. Palette 2 sits within the larger chromatic argument that Edward Arthur Walton's complete body of work advances.