George Street, Hanover Square, is much too distinguished a quarter not to suffer under the general depression. There has not been a marriage at the church for six weeks; the rector is away at the Lakes; and the clerk has modified his responses, and is saving his voice until the return of those to whom it is worth his while to address himself. The beadle has laid by his gorgeous uniform, on week-days wears mufti, and on Sundays comes out in a kind of compromise, alternately airing the hat and the coat, but never appearing in both together. The pew-openers' untipped palms are grimier than ever, the regular congregation are absent, no strangers ask for seats, and the dust on the pews is an inch thick. No horsey-looking men, chewing toothpicks, and spitting refreshingly around, garnish the portals of Limmer's; the silver sand sprinkled over the doorsteps as usual is untrodden, save by the pumps of the one waiter, who knows no one is likely to come; and as weary as ever was Mariana in her moated grange, he lounges to the door, yawns, and lounges back, to cover his head with his napkin for fly-diverting purposes, and seeks refuge in sleep. The dentist is out of town; and the dentist's man has exchanged his striped jacket and his black trousers for a heather suit, specially recommended by the tailor for deer-stalking or grouse-shooting, clad in which, he sits during the daytime in the dining-room reading Bell's Life, and at night, after delicately scenting himself with camphor procured from his master's drug-drawers, proceeds to some garden of public resort. The paper patterns, marked with mysterious numbers, and inscribed with the names of dukes and marquises, which hang in the shop of Stecknadel the tailor, have a thick coating of dust; for the noble customers whose fair proportions they represent have not had them in requisition for weeks past. Stecknadel is away at Boppard on the Rhine, where he has a very pretty terre, to which, if he could only get in his debts, he would retire, and some day become Baron Stecknadel, and live peacefully and prosperously for the rest of his life.

Equally, of course, the headless dummies in Madame Clarisse's showrooms are stripped of the fairy-like fabrics which cover them during the season, and stand up showing all their wire anatomy, or lie about in corners, unheeded. Madame is at Dieppe, and Daisy reigns temporarily in her stead. The staff is very much reduced, for there is little or nothing to do; and Daisy is enabled, very much to Paul Derinzy's delight, to get out much earlier and much more frequently than she could in the season, and the walks in Kensington Gardens occur pretty constantly, and are much prolonged. Daisy is glad of this too; for not only does her liking for Paul increase, but she knows he is very soon going away for his holiday, "down to his people in the West," and the idea of parting with him is not pleasant to her, and she likes to see as much of him as possible. Daisy has noticed that, with the absence of the great world from London, Paul has grown much bolder: he walks with her without showing any of that dreadful feeling of restraint which at one time galled her so much, is never fearful of being observed, and has more than once asked to be allowed to take her to dinner, to the theatre, or to some public gardens. This request Daisy has always steadily refused, and their meetings are confined to Kensington Gardens as heretofore, though she has permitted him to see her home to the corner of her street on several occasions.

One hot dusty afternoon Daisy is looking out of the showroom window into the deserted street--deserted save by a vagabond dog, with his tongue lolling out of his mouth, who is furtively gliding about from one bit of shade to another, and hopelessly sniffing at those places where he remembers puddles used to be in the bygone time, but where, alas, there are none now--when she hears steps upon the stairs, and turning round, recognises Miss Orpington, one of their best customers. With Miss Orpington is her father, Colonel Orpington; and looking at them as they enter the room, Daisy thinks within herself that a more stylish-looking father and daughter could scarcely be found in England. Both are tall, and slim, and upright; both have regular features, with the same half-haughty, half-weary expression; both have small hands and feet. Miss Orpington is going to be married to a Yorkshire baronet with money. She has been staying in the same house with him in Scotland, and is on her way to a house in Kent, where he is invited. She has stopped a day or two in London on her way through to get "some gowns and things." She is always wanting gowns and things, and spends a very large sum of money yearly.

Colonel Orpington does not very much mind how much she spends. Through his wife, who was the daughter of his family solicitor, and who died in childbirth a year after their marriage, he had a very large income, every farthing of which he carefully spent. He had nothing to do with the turf; hunted but little, and when he did, generally found other men to mount him; never joined in the afternoon rubbers at the club, and only interested himself in them to the extent of an occasional small bet; kept a good but small stud; had no permanent country place; and during the season entertained well, but neither frequently nor lavishly, and yet managed to get through eight thousand a year.

How? Well, the Colonel had his tastes. Though turned fifty years of age, he had not run to flesh; his figure was yet trim and elegant, and his face handsome and eminently "bred"-looking. His hair was still jet-black; and though his moustache, long, sweeping, and carefully trained, was unmistakably grizzled, the colour rather added to the picturesqueness of his appearance. And the Colonel liked to be thought handsome, and elegant, and picturesque; for he was devoted to the sex, and had but little care in life beyond how best to please her who for the time being was the object of his devotion.

And yet Colonel Orpington was never seen in any suspicious solitude à deux, nor even in the loose-talking, easy-going society in which he mixed was his name ever coupled with any woman's. Old comrades and contemporaries might be seen lurking at the back of shady little boxes on the pit-tier of the theatre, and addressing a presumed form in the corner facing the stage, of which nothing could be seen but a white gleaming arm, a fan, and an opera-glass; but when the Colonel patronised the drama, which was very seldom, he always went with a party among whom were his daughter and his sister, who kept house for him. Sons of old comrades, and other young men with whom he had a casual acquaintance, might lounge across the rails of the Row to speak to the "strange women" on horseback who were just beginning to put in an appearance there; but the Colonel, when he passed them, whether Miss Orpington were with him or not, was always looking straight before him between his horse's ears, and never showed the slightest recognition of their presence. Nor, though living in days when to love your neighbour's wife was a rule pretty generally followed, was Colonel Orpington's name ever mixed up with any of those society intrigues the ignoring of which in public, and the discussion of which in private, affords so much delight to well-bred people. Of good appearance, of perfect manners, and with a voice and address which were singularly insinuating, the Colonel might have availed himself of many bonnes fortunes which would not have fallen in the way of men younger and less discreet; but he purposely neglected the opportunities offered, and, while being the intimate and trusted companion of many of his friends' wives, sisters, and daughters, was the lover of none.

And yet he was devoted to the sex, and spent a great deal of money! Yes, and was very frequently absent from his family. Amongst the property which the Colonel inherited from his wife were some slate-quarries and lead-mines in South Wales, which seemed to require a vast amount of personal supervision. If he looked after the rest of his estate with equal fidelity, he must have been a pattern landlord; for he would leave town in the height of the season, or give up any pleasant engagement, when he received one of these summonses. When Miss Orpington was a child, she used to tease her father about "dose 'orrid quarry-mines;" but it was noticed that after she had put away childish things, amongst which might be enumerated innocence, she never referred to the subject. Nobody ever did palpably refer to it, though there was a good deal of sniggering about it in the Colonel's clubs, and Bobus, known as Badger Bobus from his low sporting tastes, was asked out to dinner for a fortnight on the strength of his having said that he couldn't make out how old Orpington always went into South Wales by the Great Northern Railway.

Miss Orpington languidly expresses her pleasure at seeing Daisy.

"You are so fresh, Miss Stafford, and all that kind of thing. Of course I know Madame Clarisse's taste is excellent; but I confess I like a younger person's ideas."

Daisy bows, and says nothing, but applies herself to showing her wares, which the young lady turns over and discourses upon. Colonel Orpington, standing by and caressing his grizzled moustache, says nothing also. Nothing aloud, at least; only someone standing very close might have seen him draw in his breath, and mutter behind his hand,