before her, or suggest even the advantages of the circulation of money, quick turning over, and balance of losses and gains——"

"I can understand that," said Ashton, "You don't appreciate the benefits of the Conservative element, Vernon. But for you and your steady-going banks, how could we operate at all? The money must be somewhere. We can't play with counters only in this game."

"There was no question of counters," said Edward; "we have the money in our hands. It seems to me that you and I should change places: you to do the steady business here, and please Aunt Catherine—who has taken a great fancy to you, you must know—I, to watch the tide, how it comes and how it goes."

"There might be worse arrangements," Ashton said with a laugh: but he added quickly, meeting a keen, sudden glance from Edward, "if you could transfer to me your training, and I mine to you. I am counted rather bold sometimes, you must know," he added, after a moment, returning that look. They talked with great apparent readiness and openness, but with a curious dread of mutual observation going on under the current of their talk all the time.

"So much the better," said Edward, "so long as you know when to hold in."

They were going along the side of the Common between the Grange and the Vernonry. It was Sunday afternoon—a dull day, the sky hanging low, the green parts of the Common very green, glistening with wetness, the gorse and brushwood very brown and faded. Nobody was about on this day of leisure. Even the slow country cart, the farmer's shandry, the occasional roll of a carriage, was absent from the silent road. There were no nursemaids and children from Redborough picking their way along the side path. Captain Morgan, feeling his rheumatism, had retired to his chimney corner; the young men had it all to themselves. Ashton had been lunching at the Grange. He was on the eve of going back to town to business, from which he declared he had been absent far too long. The object of his visit was not very clear to any one: he had left his grandparents for years without showing so much interest in them. But, whatever his motive had been, his expedition had not been without fruit. He had discovered a new and wealthy vein well worth working, and lit a fire which, no doubt, would light up still further illuminations, in some inflammable spirits. No one had received him more warmly than Edward Vernon, but he was less easy to make out than the others. He was less simple; his life did not correspond with the betrayals of his conversation, whereas neither Harry Vernon nor his brother-in-law, had anything to betray. What was evident, at least, was that Catherine Vernon smiled upon the acquaintance which had been formed so rapidly between her nephew and the stranger. She called Edward "your cousin" to Ashton, then laughed and apologised, explaining that where there were so many cousins it was difficult to remember that her relation was not Edward's too. When Ashton replied, "There is connection enough to justify the name, if it is agreeable to Vernon," there could be no doubt that it was, at least, agreeable to her. She smiled upon them from her window as they went out together, waving her hand. And no foolish mother could have been more unaware than Catherine, that the knowledge that she was there, watching with tender looks of affection the two figures as they went along, was to Edward irksome beyond expression. He felt no charm of love in the look, but substituted suspicion for tenderness, and believed that she was watching them, keeping them in sight as far as her eyes could carry, to spy out all they did, and make for herself an explanation of every gesture. He would not even have twirled his stick and cut down the brambles but in a momentary fit of forgetfulness. When they got beyond her range, he breathed more freely, but, even then, was not without a recollection that she had her opera-glasses at hand, and might, through them, be watching his demeanour still.

"Let us go this way," he said, turning into the road, which slanted away on the nearer side of the Vernonry, leading out into the open country and brown fields.

Ashton hesitated a moment. "I am not sure that I am not expected at home. It is my last day," he said.

"Home is a kind of irons," said Edward, "hand-cuffs, ankle chains. One is always like an unhappy cockatoo on a perch. Any little attempt at flight is always pulled back."

"I don't think that is my experience. My old people are very indulgent; but then, I am a mere visitor. Home does not mean much to me," said Ashton. If he had been in the presence of any lady he would have sighed as he said this—being in absolute freedom with one of his own kind he smiled, and it was Edward who sighed.

"There is such a thing as having too much of it," he said. "What I suffer from is want of air. Don't you perceive it? There is no atmosphere; every breath has been breathed over and over again. We want ventilation. We welcome every horror with delight in consequence—a murder—or even a big bankruptcy. I suppose that is why bankruptcies are so common," he added, as if struck with the idea. "A man requires a great deal of original impulse before he will go the length of murder. The other has a milder but similar attraction; you ruin other people, which shakes them up, and gives a change of air."

"Ill-omened words," said Ashton, laughing, and throwing out the fore-finger and little finger of his right hand with a play at superstition. "Ugly at all times, but especially when we are talking of business and the Stock Exchange."

"Are you aware," said Edward, sinking his voice, "that our predecessor, before Aunt Catherine, did something of the kind?"

"Who was he?"

"A certain John Vernon. His wife lives yonder, with the rest of Aunt Catherine's dependents in that red house. He found it too much for him; but it was a poor sort of a flash in the pan, and hurt nobody but himself."

"You would like to do more than that," said Ashton, with a laugh.

But in Edward's face there was no jest.

"I should like," he said, "if I broke down, to carry the whole concern along with me. I should like to pull it down about their ears as Samson pulled the temple, you know, upon his persecutors."

"Vernon," said Roland, "do you know that you are very rash, opening out like this to me? Don't you see it is quite possible I might betray you? I have no right to preach, but surely you can't have any reason to be so bitter. You seem tremendously well off, I can tell you, to a friendless fellow like me."