'All right,' said Edmund, who was as easily appeased as ruffled, and whose anger never lasted long. 'If you are bent on depriving the ladies of a partner, I cannot compel you to favour them, and nothing shall induce me to put myself out of temper tonight. It really would be thankless of me on such a day as this, a day which fulfils my every wish. You see, Hedwig and I were right not to take a tragic view of the situation, though Rüstow's deed of heroism settled the matter more quickly than we had ventured to hope. The feud between the houses is at an end, and our romance winds up to the merry tune of wedding-bells. I knew it would be so!'

The fearless, happy confidence which marked the young Count's bearing, and was to-day more strikingly expressed than ever, formed a strong contrast to his cousin's almost gloomy gravity. Oswald's eyes rested with a dark and moody gaze on the other's bright face.

'You are Fortune's favoured child,' he said slowly. 'All the good things of this life fall to your share.'

'All?' repeated Edmund jestingly. 'No; you are in error there. My future father-in-law's genuine admiration, for instance, is given to you. He declares you are a heaven-born genius, extols your practical notions, and no doubt in his heart regrets that you are not destined to be his son-in-law in my stead.'

Harmless as was the jest, and lightly as the words were spoken, they produced a visible and painful effect. Oswald's brow contracted darkly, and he replied with much irritation:

'How often have I begged you to spare me this perpetual banter? Cannot you desist from it for once, if it be only for a moment?'

Count Edmund, who greatly enjoyed the spectacle of his cousin's wrath, broke into a fit of laughter.

'Make your mind easy,' he said. 'I should be the first to protest against an exchange, and I hardly think Hedwig would be disposed to agree to it. I have no intention of abdicating in your favour. But now come. It is high time for us to return to the guests.'

Oswald, who had no further pretext for lingering behind, obeyed the summons, and the two young men returned together to the reception-rooms. Here the heir's absence had already been remarked. The Countess's eyes were roving in impatient quest of her son, for she was waiting to give the signal for the dancing to begin, and a cloud lay on fair Hedwig's brow as the two gentlemen entered. The young lady thought it most unnecessary that Edmund should go off in search of his unsociable cousin, and could not excuse him for deserting her side for such an object. She did not like this particular new relation, with his icy hauteur and reserve, which never condescended to a word of flattery or admiration, and therefore gave herself little trouble to conceal from him the fact that the promise of a waltz had been almost wrested from her. Oswald was constrained to utter some words of thanks, but even in so doing he let it be seen that he was in reality little moved by the high distinction conferred on him. No special attention was vouchsafed his speech. Hedwig made a brief reply, cold as the address had been, diligently studying the design of her fan as she spoke, and then turned at once to her affianced husband. Poor Edmund saw that his efforts to establish a friendship between his cousin and future wife were worse than useless; they invariably produced an effect contrary to that desired. He had to confess to himself that this, his latest half-playful, half-serious attempt to bring the two together, had resulted in a complete fiasco.

The ball now began in earnest, and soon all the younger members of the company were taking part in its revels. Oswald von Ettersberg was the one exception. He remained true to his resolution, and abstained from dancing, to the great displeasure of the Countess. Since their last interview, however, that lady had refrained from any attempt to control her nephew, and she now allowed him to have his way in silence. Edmund and Hedwig, on the other hand, gave themselves up heart and soul to the pleasure of the hour. They both danced well, and were passionately fond of the exercise. It would have been difficult to find a handsomer couple than the young heir and his promised bride as they floated through the room, radiant with youth, happiness, and beauty, surrounded by the aureole of wealth and Fortune's fairest gifts. Not a cloud dimmed the broad, sunshiny horizon of their future.