John Ralston, the son of one of the next of kin, was not quite the same person as Jack Ralston, the grand-nephew of a millionaire.

“I don’t know what position I’m to occupy,” he answered. “But I’m very glad to stay with you, Mr. Beman—and I’m much obliged to you for doing me this justice.”

“Not at all, not at all. I should be very sorry to do any one an injustice—especially a near relation of my old and valued acquaintance, Mr. Robert Lauderdale.”

Thereupon John Ralston withdrew, very well satisfied. He had a sort of premonition to the effect that things were to go better with him. It was clear, at least, that Alexander Junior could not prevail against him, since John had vanquished him twice within twenty-four hours. He wondered whether Alexander were sitting all alone in his office at the Trust Company, nervously tapping the table with his long, smooth fingers, and wondering how soon he was to know the contents of the will.

The morning wore on, and he could almost see in the faces of his fellow-clerks how the impression was growing that he would turn out to be one of the heirs. There was an indescribable something in their glances, a hardly perceptible change in their manner, of which he was aware in spite of himself. But no news came.

At half past twelve he went out and got his luncheon at Sutherland’s, as usual. When he came back, he found a note on his desk from his mother. He opened it in considerable excitement, for he could not deny that he hoped a very large share of the inheritance might come to Mrs. Ralston, if not to himself. But the note contained no final news. Mrs. Ralston said that, considering the enormous value of the estate, the lawyers desired to make the will public as soon as possible—a common measure in such cases, as the sudden demise of very rich men has a tendency to affect public confidence, until it is known who is to have the principal control of the fortune. Mrs. Ralston said that only she herself and old Mr. Alexander Lauderdale, as being the two next of kin, had been requested to hear the will read that afternoon. She advised him to come home and wait for her, as early as he could conveniently leave the bank.

That was all, and he had to possess his soul in patience during several hours more. His mother had not yet seen Katharine, and did not mention her. It was impossible to foresee what she would do, but it was clear enough that she would not, and could not, return to her father’s house at once.

Before the afternoon was far advanced, the wisdom of the lawyers’ advice about the reading of the will became apparent. Rumours were afloat that the whole fortune was to go to old Alexander, and rumour further stated that he was in his dotage, and would be capable of selling miles of real estate to found a refuge for escaped lunatics. Serious persons gave no credit to such talk, of course, but any one acquainted with New York knows how little, at a given moment, may upset the market and cause disaster. The reason of this appears to be that there are more undertakings unfinished yet, or just begun, in America, than there are elsewhere, which depend for their success altogether upon a period of comparative calm in financial affairs. To check them, though they might turn out well, is often to kill them, which means ruin to those who have backed them at the beginning.

But matters proceeded rapidly. Before Ralston left the bank, the newsboys were crying the evening papers, containing, as they avowed, ‘the extraordinary will of Robert Lauderdale.’ In five minutes every one in the bank had read the statement.

There was a paragraph in which, after giving the reasons for making the will public at once, its principal conditions were named. John, who knew nothing of what Katharine had heard, was neither surprised nor disappointed. The paragraph had evidently been written by one of the lawyers, and sent to all the papers for publication, and there was no account of any interview with any of the heirs. It was a plain account, as far as was possible.