"I will call it by another name," he said at last in a conciliatory tone. "I will call it information. But it is information of a kind that you do not expect. I should certainly not have said anything about it if you had not sent for me on this business. Is it of any use to beg you to reconsider the question of lending this money?"

"No, I have made up my mind."

"To lend it to your husband?"

"Dear Mr. Brett," said Marion, beginning to be impatient again, "I said that I would rather not tell you."

"I fancy that I am not mistaken," Brett answered. "Now my dear friend, you will be the last to know what every one has known for some time, but it is time that you should know it. The affairs of the Company are in a very bad state, so bad indeed, that an inquiry has been going on into the management. I do not know the result of it yet, but I am very much afraid that it will be bad, and that it will have very disagreeable consequences for you all."

"Consequences?" repeated Mrs. Darche. "What consequences? Do you mean that we shall lose money?"

"I mean that and I mean something more. It is very serious. Your husband is deeply involved, and his father's name is so closely associated with his in all the transactions that it seems almost impossible to say which of the two is innocent."

"Innocent!" cried Marion, laying her hand suddenly upon the arm of her chair and starting forward, then rising quickly to her feet and looking down at him. "What do you mean? Why do you use that word?"

The expression had hardly escaped Brett's lips when he realised the extent of his carelessness. He rose and stood beside her, feeling, as a man does, that she had him at a disadvantage while he was seated and she was standing.

"I beg your pardon," he said, "I should have been more careful. I should have said which of the two is responsible for—"