notion of giving her a lot of money to enable a fellow he knew nothing about to live on in idleness. He had seen that sort of thing before; no good ever came of it. Worst of all, he had no hope of shaking her resolution; she was as obstinate as a mule, always had been from a child. He didn't see where it was to end. They must cut their coat according to their cloth. He would not give way till he saw young Bosinney with an income of his own. That June would have trouble with the fellow was as plain as a pikestaff; he had no more idea of money than a cow. As to this rushing down to Wales to visit the young man's aunts, he fully expected they were old cats.

And, motionless, old Jolyon stared at the wall; but for his open eyes, he might have been asleep…. The idea of supposing that young cub Soames could give him advice! He had always been a cub, with his nose in the air! He would be setting up as a man of property next, with a place in the country! A man of property! H'mph! Like his father, he was always nosing out bargains, a cold-blooded young beggar!

He rose, and, going to the cabinet, began methodically stocking his cigar-case from a bundle fresh in. They were not bad at the price, but you couldn't get a good cigar, nowadays, nothing to hold a candle to those old Superfinos of Hanson and Bridger's. That was a cigar!

The thought, like some stealing perfume, carried him back to those wonderful nights at Richmond when after dinner he sat smoking on the terrace of the Crown and Sceptre with Nicholas Treffry and Traquair and Jack Herring and Anthony Thornworthy. How good his cigars were then! Poor old Nick!—dead, and Jack Herring—dead, and Traquair—dead of that wife of his, and Thornworthy—awfully shaky (no wonder, with his appetite).

Of all the company of those days he himself alone seemed left, except Swithin, of course, and he so outrageously big there was no doing anything with him.

Difficult to believe it was so long ago; he felt young still! Of all his thoughts, as he stood there counting his cigars, this was the most poignant, the most bitter. With his white head and his loneliness he had remained young and green at heart. And those Sunday afternoons on Hampstead Heath, when young Jolyon and he went for a stretch along the Spaniard's Road to Highgate, to Child's Hill, and back over the Heath again to dine at Jack Straw's Castle—how delicious his cigars were then! And such weather! There was no weather now.

When June was a toddler of five, and every other Sunday he took her to the Zoo, away from the society of those two good women, her mother and her grandmother, and at the top of the bear den baited his umbrella with buns for her favourite bears, how sweet his cigars were then!

Cigars! He had not even succeeded in out-living his palate—the famous palate that in the fifties men swore by, and speaking of him, said: "Forsyte's the best palate in London!" The palate that in a sense had made his fortune—the fortune of the celebrated tea men, Forsyte and Treffry, whose tea, like no other man's tea, had a romantic aroma, the charm of a quite singular genuineness. About the house of Forsyte and Treffry in the City had clung an air of enterprise and mystery, of special dealings in special ships, at special ports, with special Orientals.

He had worked at that business! Men did work in those days! these young pups hardly knew the meaning of the word. He had gone into every detail, known everything that went on, sometimes sat up all night over it. And he had always chosen his agents himself, prided himself on it. His eye for men, he used to say, had been the secret of his success, and the exercise of this masterful power of selection had been the only part of it all that he had really liked. Not a career for a man of his ability. Even now, when the business had been turned into a Limited Liability Company, and was declining (he had got out of his shares long ago), he felt a sharp chagrin in thinking of that time. How much better he might have done! He would have succeeded splendidly at the Bar! He had even thought of standing for Parliament. How often had not Nicholas Treffry said to him:

"You could do anything, Jo, if you weren't so d-damned careful of yourself!" Dear old Nick! Such a good fellow, but a racketty chap! The notorious Treffry! He had never taken any care of himself. So he was dead. Old Jolyon counted his cigars with a steady hand, and it came into his mind to wonder if perhaps he had been too careful of himself.

He put the cigar-case in the breast of his coat, buttoned it in, and walked up the long flights to his bedroom, leaning on one foot and the other, and helping himself by the bannister. The house was too big. After June was married, if she ever did marry this fellow, as he supposed she would, he would let it and go into rooms. What was the use of keeping half a dozen servants eating their heads off?

The butler came to the ring of his bell—a large man with a beard, a soft tread, and a peculiar capacity for silence. Old Jolyon told him to put his dress clothes out; he was going to dine at the Club.

How long had the carriage been back from taking Miss June to the station?
Since two? Then let him come round at half-past six!

The Club which old Jolyon entered on the stroke of seven was one of those political institutions of the upper middle class which have seen better days. In spite of being talked about, perhaps in consequence of being talked about, it betrayed a disappointing vitality. People had grown tired of saying that the 'Disunion' was on its last legs. Old Jolyon would say it, too, yet disregarded the fact in a manner truly irritating to well-constituted Clubmen.

"Why do you keep your name on?" Swithin often asked him with profound vexation. "Why don't you join the 'Polyglot'? You can't get a wine like our Heidsieck under twenty shillin' a bottle anywhere in London;" and, dropping his voice, he added: "There's only five hundred dozen left. I drink it every night of my life."

"I'll think of it," old Jolyon would answer; but when he did think of it there was always the question of fifty guineas entrance fee, and it would take him four or five years to get in. He continued to think of it.

He was too old to be a Liberal, had long ceased to believe in the political doctrines of his Club, had even been known to allude to them as 'wretched stuff,' and it afforded him pleasure to continue a member in the teeth of principles so opposed to his own. He had always had a contempt for the place, having joined it many years ago when they refused to have him at the 'Hotch Potch' owing to his being 'in trade.' As if he were not as good as any of them! He naturally despised the Club that did take him. The members were a poor lot, many of them in the City —stockbrokers, solicitors, auctioneers—what not! Like most men of strong character but not too much originality, old Jolyon set small store by the class to which he belonged. Faithfully he followed their customs, social and otherwise, and secretly he thought them 'a common lot.'

Years and philosophy, of which he had his share, had dimmed the recollection of his defeat at the 'Hotch Potch'; and now in his thoughts it was enshrined as the Queen of Clubs. He would have been a member all these years himself, but, owing to the slipshod way his proposer, Jack Herring, had gone to work, they had not known what they were doing in keeping him out. Why! they had taken his son Jo at once, and he believed the boy was still a member; he had received a letter dated from there eight years ago.

He had not been near the 'Disunion' for months, and the house had undergone the piebald decoration which people bestow on old houses and old ships when