"He gave what is called an acceptance," Letitia explained. "It falls due in about six weeks."

The Duchess smiled. She had a great idea of her own capacity for business.

"My dear," she said, "if between now and then the shares have not improved sufficiently for your father to make a profitable sale, Mr. Thain can extend the time of payment by renewing the bill."

"You have more confidence in Mr. Thain than I have," Letitia remarked drily.

Her aunt was a little puzzled. She decided to change the conversation.

"Where is Charles this morning?" she enquired.

"In the library with father. They are discussing possible settlements. I thought that sort of thing was always left to lawyers."

"I hope you are happier about your marriage than you seem," her aunt observed. "Charles is quite a parti, in a way, you know, although he is not rich."

"Oh, I suppose it may as well be Charles as any one else," Letitia assented, a little drearily.

The Duchess shook her head.