"Good-morning, Arnold,—an unexpected visit. Anything wrong in London?" asked Mr. Quinion, a little nervously, readjusting his spectacles, which really needed no attention.

"No, sir; nothing," replied Arnold, who was slightly flushed, probably on account of the nature of his errand as much as the walk from the railway-station.

Taking a chair indicated to him, he at once plunged into the subject of his visit by saying, "No doubt, sir, you are surprised to see me down here, and I feel it would have been more becoming had I written first to inform you of my intention; but the circumstances of yesterday came upon all of us so sudden and unexpectedly, that it was not until late last evening I formed the decision to make this hasty and impromptu visit."

"Well, now that you have come, let me hear what it is you have to say."

"I must confess, sir," said Arnold, "that the fact of Mr. Houghton being allowed to retire is not to me so much a matter of surprise as the person who has been appointed to succeed him. If I am rightly informed, he is a man of no experience in your business, and with no record to distinguish him as one entitled to such a position. Several of us in London have been so many years in your employ, that hopes were freely entertained that, whenever the course of events should render a change necessary, an opportunity would be afforded to one of us to supply the vacancy. I, for one, cherished the hope that the experience and knowledge gained during my period of service with you might have induced you to offer me the position conferred upon Mr. Johnson."

"I am rather sorry to hear what you tell me," said Mr. Quinion; "as I may candidly inform you that the firm never had any intention of putting a member of the present staff into the position you refer to; and in asking you to regard this matter as now closed, we shall be glad if you will take any opportunity which may present itself to disabuse the minds of your colleagues, as well as that of your own, that a slight was intended to anyone by this appointment. On the other hand, it was feared that to promote any member of the London staff would probably give rise to more dissatisfaction, and create a greater amount of friction, than the installation of a perfect stranger is likely to do. It is not intended as a reflection upon anyone, but simply a matter of expediency, and which, in the interest of all concerned, we thought it wisest to adopt."

"I much regret to learn that that is your decision, sir, as I did hope it might not yet be too late to induce you to make some other arrangement."

"That is quite out of the question," replied Mr. Quinion; "and I hope you will not only give Mr. Johnson a hearty welcome, but at the same time render him all the assistance which he will, of course, very much need."

"So far as I am concerned you may certainly reckon upon that, although I should like to have seen a different state of things prevailing."

"I regret," added Mr. Quinion, "you should have felt it needful to come down here on such an errand, as it was scarcely likely we should have taken so important a step without first giving it very careful consideration."