The Hon. Adrien Leroy, only son of Baron Barminster, was one of the most noted figures in fashionable society. His father, who since the death of Lady Barminster had lived almost as a recluse, spent the days in the old Castle, and had practically abdicated in favour of his son. So that the colossal income accruing from the coal mines of Wales, the rentals of the Leroy estates in the Southern Counties, and the ground rents of a considerable acreage in one of the most fashionable parts of London, all passed through the hands of Adrien, who, in his turn, spent it like water, leaving Jasper Vermont--his one-time college friend and now his confidential steward--to watch over his affairs.

Leroy, with a genial smile of greeting for all, but a grave, almost weary expression in his blue eyes, parried the numerous questions and invitations that beset him on all sides, and, taking Vermont's arm, drew him towards the table where his three friends awaited him.

"I'm sorry we're late," he said in a pleasant voice, which was clear and unaffected, in strong contrast to the chatter which buzzed round him at their entry. "Blame Jasper, who, if he is as hungry as I am, is punished already."

His good-humoured laugh as he seated himself drew echoes from his friends; Leroy's popularity was never more apparent than in a gathering of this sort, composed exclusively of his own sex.

"So, have just come up from Barminster," said Shelton presently, "How is the Castle looking?"

Adrien, busily satisfying a vigorous appetite, merely nodded and smiled in reply; but Jasper Vermont answered for him.

"Beautiful!" he said, with a smile which showed his white, even teeth. "Beautiful! It's a charming view; but we saw little of it this visit. Ah, Shelton, you are really an epicure! We don't get clear turtle like this at the Pallodeon--eh, Adrien?"

"No," replied the young man, looking up. "We ought to have Shelton on the committee. No wonder they love you here, Shelton! And so the colt has lost the steeplechase? I saw the news as I came along."

"And you have lost, how much--two thousand?" queried Parselle.

"Five," said Vermont, not quickly, but just before Adrien could speak.