So those letters should remain locked up, perhaps for ever. In sober truth she could scarcely imagine herself using them. Their melodramatic force was so unlike the gentle spiriting by which she usually effected her object; and though she could never recall the night of poor old Peggy's death without a shudder, her sound common sense told her that after all in advising the old woman not to open the lawyer's letter, she had done so in ignorance. She had acted, as she thought, for the best, and everybody was liable to make mistakes.

So much for the one party to the interview; the other, once the spell of Mrs. Vane's personality was removed, felt vaguely that matters were becoming uncomfortable. It had never occurred to him before that he ran the chance of being jilted, and the bare idea filled him with indignation; and yet he saw the justice of Mrs. Vane's remarks. He was not a good match for a girl who wished for nothing better than to remain in that state of social comfort to which it had pleased Providence to call her. But, if this were so, it would be better to save his dignity by broaching the possibility himself. Anything was better than being dismissed like a footman. He was never long in deciding a question of this sort, yet, quick as he was, he found himself not a moment too soon, for when he walked round to see Mr. Woodward next morning, before that gentleman went down to office, he found him in the act of writing a note asking him to call.

"The fact is, Macleod," said the elder man, a little nervously, "I wanted to continue our talk about your engagement to my daughter."

Paul flushed up, but took the bull by the horns without a moment's hesitation.

"I came for that purpose, sir. It has occurred to me that I have somewhat overlooked Miss Woodward's side of the question, and I shall be infinitely obliged if you would treat me with perfect frankness in regard to what you, no doubt, know better than I."

The dignity of this speech soothed him, and he awaited the reply with tolerable equanimity.

"Very straightforward--very straightforward on your part, Macleod," said the man of business, approvingly. "One can scarcely be too careful in regard--er--in regard to such contracts; and your remark makes me regret more than ever--my--my duty. For you really have been all that is--all our fancy painted you, I may say. But that does not alter the fact that I am now a comparatively poor man. Of course, I may, I very probably shall, recoup. At the same time it is not the sort of security for--for--marriage settlements and trustees; you understand me, of course. Now, what we have to face is this: Do you think my daughter is suited to be the wife of a poor man--even a possibly poor man? I don't. And, then, would she be content if she had to live most of the year at Gleneira, away from society and--and telegraph posts--I mean posts and telegraphs? It's a pretty place, Macleod, and an interesting place--with--with a sort of--er--respectability about it, but it is a devilish bit out of the way."

"Perhaps; but I would do my best to make your daughter forget that," said Paul, gloomily; the sense of being weighed in the balance and found wanting--he, Paul Macleod, whom so many women had fancied--was exquisitely painful.

Mr. Woodward blew his nose elaborately. "Just so; of course, of course! Very right and proper; very much so, indeed; only, my dear Macleod, marriage, after all, is a speculation, and I don't like to see my girl putting her capital into a concern which hasn't even a good prospectus. How many shareholders would even my name produce, if all we could say of a new railway was that, though the chances were dead against traffic, we would do our best to ensure it? Of course--er--if you were violently attached to each other one might allow something for the--er--the good-will of the business. Under those circumstances, I am led to believe--though I know nothing about it myself--that young people are content to live--er--on a ridiculously small income. My own impression is, however, that Alice is not that sort of girl; but, of course, I may be mistaken."

"In that case," put in Paul, loftily, "it would be best to refer to Alice herself."