She had built it up beside her as she knelt on the floor, and it stood like a fragile, fantastic ghost, with the upward tilt of its tiled roofs, its embossed patterns, and the crystal rings trembling from each angle of the roofs like raindrops. "What a darling!" said Mrs. Waterlow. "How much do you ask for it, Mr. Glazebrook?"

Mr. Glazebrook, adjusting his knowledge of the limitations of Mrs. Waterlow's purse to his present appreciation of the pagoda and of her desire for it, said genially, after a moment, that from an old customer like herself he would ask only forty-five shillings.

"Well, I think it's a great bargain, Mr. Glazebrook," said Mrs. Waterlow. "And I'll have it."

"Shall I send it round?" Mr. Glazebrook asked.

"Yes, please; or, no, it isn't heavy,"—she lifted it with both hands, rising with it and looking like a Saint Barbara holding her tower,—"I can manage it to just round the corner. Wrap it up for me, and I'll carry it off myself."

When Owen saw his cousin again at lunch, the red lacquer box had not yet arrived, and, with a touch of friendly mockery, he said:

"Well, you have been unlucky, my dear Gwen. There was the most charming piece of old Chinese porcelain in that scorned Cheltenham box, and I saw Mr. Glazebrook sell it this morning to a lady who wasn't to be put off by dust and newspapers and plush-framed plaques. She carried it off in triumph, saying that it was a great bargain. And so it was; but she might have had it for half the money if she hadn't informed Mr. Glazebrook of its probable value."

Gwendolen fixed her mild, violet eyes upon him. "A piece of old Chinese porcelain? Do you mean that silly white pagoda?"

"You did see it, then?"

"See it? Haven't I seen it all my life? It stood on a purple worsted mat on a little bamboo table between the Nottingham lace curtains in one of Aunt Pickthorne's drawing-room windows, and looked like some piece of childish gimcrackery bought at a bazaar, where, I'll wager, she did buy it."