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of her: he slid the gold into a drawer, and whisked round the end of the counter with a celerity which was, at any rate, not born of practice, for he, the cashier, had not done such a thing for years.

      'Good afternoon, Miss Tellwright.'

      'Good afternoon. I – '

      'May I trouble you to step into the manager's room?' and he drew her forward, while every clerk's eye watched. Anna tried not to blush, but she could feel the red mounting even to her temples.

      'Delightful weather we're having. But of course we've the right to expect it at this time of year.' He opened a door on the glass of which was painted 'Manager,' and bowed. 'Mr. Lovatt – Miss Tellwright.'

      Mr. Lovatt greeted his new customer with a formal and rather fatigued politeness, and invited her to sit in a large leather armchair in front of a large table; on this table lay a large open book. Anna had once in her life been to the dentist's; this interview reminded her of that experience.

      'Your father told me I might expect you to-day,' said Mr. Lovatt in his high-pitched, perfunctory tones. Richard Lovatt was probably the most influential man in Bursley. Every Saturday morning he irrigated the whole town with fertilising gold. By a single negative he could have ruined scores of upright merchants and manufacturers. He had only to stop a man in the street and murmur, 'By the way, your overdraft – ,' in order to spread discord and desolation through a refined and pious home. His estimate of human nature was falsified by no common illusions; he had the impassive and frosty gaze of a criminal judge. Many men deemed they had cause to hate him, but no one did hate him: all recognised that he was set far above hatred.

      'Kindly sign your full name here,' he said, pointing to a spot on the large open page of the book, 'and your ordinary signature, which you will attach to cheques, here.'

      Anna wrote, but in doing so she became aware that she had no ordinary signature; she was obliged to invent one.

      'Do you wish to draw anything out now? There is already a credit of four hundred and twenty pounds in your favour,' said Mr. Lovatt, after he had handed her a cheque-book, a deposit-book, and a pass-book.

      'Oh, no, thank you,' Anna answered quickly. She keenly desired some money, but she well knew that courage would fail her to demand it without her father's consent; moreover, she was in a whirl of uncertainty as to the uses of the three books, though Mr. Lovatt had expounded them severally to her in simple language.

      'Good-day.'

      'Good-day, Miss Tellwright.'

      'My compliments to your father.'

      His final glance said half cynically, half in pity: 'You are naïve and unspoilt now, but these eyes will see yours harden like the rest. Wretched victim of gold, you are only one in a procession, after all.'

      Outside, Anna thought that everyone had been very agreeable to her. Her complacency increased at a bound. She no longer felt ashamed of her shabby cotton dress. She surmised that people would find it convenient to ignore any difference which might exist between her costume and that of other girls.

      She went on to Edward Street, a short steep thoroughfare at the eastern extremity of the town, leading into a rough road across unoccupied land dotted with the mouths of abandoned pits: this road climbed up to Toft End, a mean annexe of the town about half a mile east of Bleakridge. From Toft End, lying on the highest hill in the district, one had a panoramic view of Hanbridge and Bursley, with Hillport to the west, and all the moorland and mining villages to the north and north-east. Titus Price and his son lived in what had once been a farm-house at Toft End; every morning and evening they traversed the desolate and featureless grey road between their dwelling and the works.

      Anna had never been in Edward Street before. It was a miserable quarter – two rows of blackened infinitesimal cottages, and her manufactory at the end – a frontier post of the town. Price's works was small, old-fashioned, and out of repair – one of those properties which are forlorn from the beginning, which bring despair into the hearts of a succession of owners, and which, being ultimately deserted, seem to stand for ever in pitiable ruin. The arched entrance for carts into the yard was at the top of the steepest rise of the street, when it might as well have been at the bottom; and this was but one example of the architect's fine disregard for the principle of economy in working – that principle to which in the scheming of manufactories everything else is now so strictly subordinated. Ephraim Tellwright used to say (but not to Titus Price) that the situation of that archway cost five pounds a year in horseflesh, and that five pounds was the interest on a hundred. The place was badly located, badly planned and badly constructed. Its faults defied improvement. Titus Price remained in it only because he was chained there by arrears of rent; Tellwright hesitated to sell it only because the rent was a hundred a year, and the whole freehold would not have fetched eight hundred. He promised repairs in exchange for payment of arrears which he knew would never be paid, and his policy was to squeeze the last penny out of Price without forcing him into bankruptcy. Such was the predicament when Anna assumed ownership. As she surveyed the irregular and huddled frontage from the opposite side of the street, her first feeling was one of depression at the broken and dirty panes of the windows. A man in shirt-sleeves was standing on the weighing platform under the archway; his back was towards her, but she could see the smoke issuing in puffs from his pipe. She crossed the road. Hearing her footfalls, the man turned round: it was Titus Price himself. He was wearing an apron, but no cap; the sleeves of his shirt were rolled up, exposing forearms covered with auburn hair. His puffed, heavy face, and general bigness and untidiness, gave the idea of a vast and torpid male slattern. Anna was astounded by the contrast between the Titus of Sunday and the Titus of Monday: a single glance compelled her to readjust all her notions of the man. She stammered a greeting, and he replied, and then they were both silent for a moment: in the pause Mr. Price thrust his pipe between apron and waistcoat.

      'Come inside, Miss Tellwright,' he said, with a sickly, conciliatory smile. 'Come into the office, will ye?'

      She followed him without a word through the archway. To the right was an open door into the packing-house, where a man surrounded by straw was packing basins in a crate: with swift, precise movements, twisting straw between basin and basin, he forced piles of ware into a space inconceivably small. Mr. Price lingered to watch him for a few seconds, and passed on. They were in the yard, a small quadrangle paved with black, greasy mud. In one corner a load of coal had been cast; in another lay a heap of broken saggars. Decrepit doorways led to the various 'shops' on the ground floor; those on the upper floor were reached by narrow wooden stairs, which seemed to cling insecurely to the exterior walls. Up one of these stairways Mr. Price climbed with heavy, elephantine movements: Anna prudently waited till he had reached the top before beginning to ascend. He pushed open a flimsy door, and with a nod bade her enter. The office was a long narrow room, the dirtiest that Anna had ever seen. If such was the condition of the master's quarters, she thought, what must the workshops be like? The ceiling, which bulged downwards, was as black as the floor, which sank away in the middle till it was hollow like a saucer. The revolution of an engine somewhere below shook everything with a periodic muffled thud. A greyish light came through one small window. By the window was a large double desk, with chairs facing each other. One of these chairs was occupied by Willie Price. The youth did not observe at first that another person had come in with his father. He was casting up figures in an account book, and murmuring numbers to himself. He wore an office coat, short at the wrists and torn at the elbows, and a battered felt hat was thrust far back over his head so that the brim rested on his dirty collar. He turned round at length, and, on seeing Anna, blushed brilliant crimson, and rose, scraping the legs of his chair horribly across the floor. Tall, thin, and ungainly in every motion, he had the look of a ninny: it was the fact that at school all the boys by a common instinct had combined to tease him, and that on the works the young paintresses continually made private sport of him. Anna, however, had not the least impulse to mock him in her thoughts. For her there was nothing in his blue eyes but simplicity and good intentions. Beside him she felt old, sagacious, crafty: it seemed to her that some one ought to shield that transparent and confiding soul from his father and the intriguing world.

      He spoke to her and lifted his hat, holding it afterwards in his great bony hand.

      'Get down to th' entry, Will,' said his father, and Willie, with an apologetic

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