Assume that M is a transitive model of $ZFC+CH$ containing a simplified $(\omega _1,2)$ -morass, $P\in M$ is the poset adding $\aleph _3$ generic reals and G is P-generic over M. In M we construct a function between sets of terms in the forcing language, that interpreted in $M[G]$ is an $\mathbb R$ -linear order-preserving monomorphism from the finite elements of an ultrapower of the reals, over a non-principal ultrafilter on $\omega $, into the Esterle algebra of formal power series. (...) Therefore it is consistent that $2^{\aleph _0}>\aleph _2$ and, for any infinite compact Hausdorff space X, there exists a discontinuous homomorphism of $C(X)$, the algebra of continuous real-valued functions on X. (shrink)