Neither of the two spoke. Nigel's face had become rigid, and a defensive glow shone in his eyes.

"I don't wish to suspect—nobody has any business to suspect. Everything may be all right and above board. But I confess there are signs which stagger one. Something queer about the way he won't have Fulvia's money alluded to in his hearing! Why shouldn't he? Mind you, I wouldn't say this to Clemence or the girls for anything you could mention. But Nigel and you—Nigel ought to be awake."

"He is my father!"

"That doesn't alter facts, my dear boy. Don't look angry, but just listen. Here is Browning, been sole trustee and guardian for nearly twenty years, with absolute control of the child's money, and—mark you, her father didn't know this, and I didn't till lately—and, with his own affairs in a state of embarrassment all along! There's the rub! If it wasn't for his present condition of mind, I wouldn't suspect him of imprudence, even now. Imprudence, mind you, no deliberate wrong. He's not capable of that. He is capable of imprudence; and he is capable of speculation. Whether with his own or Fulvia's money, I don't know. Nobody knows, except Browning himself. Done everything with the best intentions, no doubt; but if a man dabbles in that sort of thing, why, he's apt to get his fingers burnt."

"Why should you suppose him to have speculated?"

"I don't suppose—I know. He began it ten years ago. Had success of course, now and then, and was flush of cash for a while. So much the worse; just tempting him on. Talk of economy began after that. Haven't an idea how far things went, but so much I do know. Then this last year, as Duncan says, life a burden to him; something obviously wrong."

Dr. Duncan had not said so precisely, but he let the inaccuracy pass, beginning to draw on his gloves.

"Fact is—" Mr. Carden-Cox wanted to say something more, and began to fall into a hurry. "Fact is, that has been my theory for some time—as to Fulvia! He thinks it would make up to her if—You believe I'm talking nonsense," with a nervous laugh, meeting Nigel's glance, "but I'm not. Tell you, I can see through a stone wall quicker than some folks. Eh? It's many a year since I first set my heart on something—Nigel knows what; but Browning and I don't commonly hit on the same object. Well, for once we have. Don't believe he would, if it wasn't for something he know must come out. Can't say what, of course. All guess-work. But, suppose now, suppose Fulvia's £50,000 to have been clipped a little by injudicious speculation, say, down to half the amount! Wouldn't be a bad stroke, eh? To throw in a husband for the remainder."

"Said husband valued at £25,000!" remarked Dr. Duncan dryly; nevertheless he did not like this style of talk.

And Nigel said coldly—