"Well, we can pay even his price if we sell more bonds, but we agreed last night that until I had gotten something definite to do we-"

"Oh, I know all that. I asked you how much we can pay out of just our income."

"They say you ought not to pay more than a fourth."

"How much is a fourth?"

"One hundred and fifty a month."

"Do you mean to say we've got only six hundred dollars coming in every month?" A subdued note crept into her voice.

"Of course!" he answered angrily. "Do you think we've gone on spending more than twelve thousand a year without cutting way into our capital?"

"I knew we'd sold bonds, but—have we spent that much a year? How did we?" Her awe increased.

"Oh, I'll look in those careful account-books we kept," he remarked ironically, and then added: "Two rents a good part of the time, clothes, travel—why, each of those springs in California cost about four thousand dollars. That darn car was an expense from start to finish. And parties and amusements and—oh, one thing or another."

They were both excited now and inordinately depressed. The situation seemed worse in the actual telling Gloria than it had when he had first made the discovery himself.