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bank of unquestionable solvency, at an interest of twenty per cent. If this rate were not allowed by the bank, the property was not to be deposited in England; and should I still persist in residing here the whole of it was to go to a blood-relative of my husband. I have to choose, therefore, between being a beggar and remaining an exile. Were I a man I should not hesitate to select the former alternative, trusting to myself to earn an honest livelihood; but, as I am a woman. …” Her voice faltered, and she paused.

      “As you are a woman, and the most adorable of women,” said Sir Francis, gravely, “it shall be my happy privilege to defeat your husband’s unjust purpose, and to bid you remain where your own inclination and the urgency of your friends would place you. Consider the matter settled. Nay—do not reply. I claim—I may even affirm that I possess—the right to impose my wishes upon you in this respect. I am the head of the house of Bendibow; and permit me to add, dear madam, that in the course of a long experience I have never been engaged in any transaction which promised me advantages so great as the present.” Sir Francis concluded this speech with a bow that was in keeping with the dignity and magnificence of his sentiments. In fact, he could not but be conscious of the grandeur of his act, and his manner uplifted itself accordingly. But the lady shook her head.

      “Were the soundness of your reasoning as unmistakable as the goodness and nobility of your heart,” she said, “I should have no ground for hesitation; but you offer me what it is impossible I should accept. How can I consent to receive a yearly sum from you equal to the amount of my present income? It would be indistinguishable from a gift. I thank you from the bottom of my soul; but it cannot be.”

      “Madam, you wound the heart that you pretend to honor. But that is not all; you infinitely exaggerate your profit in the transaction. Although twenty per cent. is considerably in excess of the average rates of interest, it would be easy for me so to arrange matters that the bank’s loss would be practically nil.”

      “Ah, if I could believe that. …” murmured the lady, half to herself.

      “You may believe it implicitly,” said Sir Francis, who had taken a sheet of paper and was writing rapidly upon it. In a few moments he finished the writing with a flourish, and handed it over to his visitor. It was an agreement, signed and dated, to pay interest at the rate of twenty per cent. upon all moneys which she might deposit in the bank. “My only regret is, that the obligation on your side is so trifling as to be merely nominal; I might otherwise have ventured to hope for some return—”

      “You do me injustice, sir,” interrupted the lady warmly, “if you imagine that I would yield to your pecuniary liberality what I would refuse to—to other considerations. You do yourself injustice if you regard your personal worth as not outweighing in my eyes all the bullion in your bank. You must, indeed, have misunderstood me, to think otherwise.”

      She had risen as she spoke, and so also had Sir Francis. He saw the error he had committed, and recognized the necessity of correcting it on the instant. He went down upon one knee before her, as majestically as the lack of suppleness which sixty years had inflicted upon his joints permitted.

      “I shall remain here, madam,” he declared, “until you have consented to condone a fault for which the imperfection of my language, and not the intention of my heart, is to blame. Lovely—irresistible woman, why should I longer attempt to disguise my feelings toward you? Why should I speak of the respect in which I hold you, the honor, the admiration, when there is one word which comprises and magnifies them all? You know that word; yet, for the easing of my own heart, it shall be uttered. I love you!”

      “Love? … Oh, sir—you mistake—that is not right—it cannot—”

      But Sir Francis had possessed himself of her hand, and was imprinting ardent kisses upon it. The lady trembled; she seemed to be agitated by some strong emotion; with her free hand she pressed her veil over her face. Sir Francis rose and attempted to enfold her in his embrace. But she eluded him, and spoke breathlessly.

      “If you really have any regard for me, sir, you will restrain yourself. Let us—ah—let us speak of other things—this paper. Nay, I entreat you … what would you have me say? Is this a time or a place for me to confess that you have inspired me with a sentiment—oh! have pity, sir. Come to me to-morrow—this evening if you will—but not here, not now.” …

      “You give me hope, then? Divine creature, do you grant me an interview—”

      “Yes, yes—anything! indeed, you may command me but too easily: only, if you love me at all, have consideration for my position—for—”

      “Enough! I am obedient, and I am mute, save as you bid me speak,” cried the baronet, almost bewildered with the immensity of his own good fortune, and physically much out of breath besides. He sank into his chair, panting. “We understand each other!” he sighed out, with an impassioned smile. “Till this evening! meanwhile—”

      “This paper, then? Is it a legal form? Are you serious in making such a contract with me?”

      The baronet nodded profoundly. “It bears my signature: it is complete, and irrevocable!”

      “But my own name is not written here. You have left a blank.”

      “For you to fill up, dearest creature! How could I write your name, when you have not told me what it is?”

      “How, sir? You do not know my name?” exclaimed the lady, with an accent of surprise.

      “Positively, I have not a notion of it. The servant did not announce it.”

      “And you enter into this contract with one of whom you know nothing?”

      “ ’Tis yourself, fairest of your sex, not your name that has importance for me,” panted the baronet complacently. “But you will tell it me? and lift that veil that obscures so much beauty?”

      “Apparently, Sir Francis, it has obscured more than my beauty,” returned the lady dryly. She approached the table at which he sat, and added, “Give me your pen.”

      Somewhat startled at the abruptness of her tone, the baronet complied with her request. She held the paper upon the desk with her left hand while she wrote a name in the blank space which Sir Francis had left for that purpose. His eye followed the swift movement of the pen, and when the writer laid it down, he read out the name mechanically—

      “Perdita, Marquise Desmoines.”

      Sir Francis leant back heavily in his chair, and his arms fell loosely at his side. He stared at the charming figure in front of him with a sort of vacant consternation. She threw back her veil.

      The face that was thus revealed was certainly not one to disappoint the most sanguine expectations. In shape it was a full oval, the nose delicate and pointed, with the tip mobile to the changing play of the lips in smiling or speaking. Her chin was firm, her throat solid, round and white. It was the face of one capable alike of luxurious indolence and dangerous energy; endowed with dimples for mirth and with clear-cut lines for resolute purpose. Sound sense and accurate memory dwelt in the broad brow; good temper in the curve of cheek and eyelid; passion in the full lower lip. From the movements of the features and the poise of the head upon the neck might be divined that she was proud, generous, or implacable, as the whim suited her; but the dominant expression at present was one of archly mischievous amusement.

      “You don’t seem glad to see me, Uncle Francis!” she exclaimed, making a moue of lovely irony.

      No answer from the baronet.

      “You wanted to kiss me just now; come—I am ready.”

      Sir Francis was still speechless.

      “Why, uncle, how unsympathetic you are grown all of a sudden! Don’t you love your poor widowed niece, whom you haven’t seen or heard of for ten years? You were so complimentary and affectionate a moment ago! And so generous, too, uncle,” she added, holding up the signed agreement between her white forefinger and thumb. At the sight of this the baronet’s countenance became ghastly,

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