“Oh, yes—I know—I know. Good night—” and the sharp, quick tread of the old man grew fainter and fainter as he descended the stairs.

Jack waited, craning his head, until he caught a glimpse of the glistening head as it passed once more under the lantern, then he went into his room and shut the door.

Had he followed behind his guest he would have witnessed a little comedy which would have gone far in wiping clean all trace of his uncle's disparaging remarks of the morning. He would have enjoyed, too, Parkins's amazement. As the Receiving Teller of the Exeter Bank reached the hall floor the President of the Clearing House—the most distinguished man in the Street and one to whom Breen kotowed with genuflections equalling those of Parkins—accompanied by his daughter and followed by the senior partner of Breen & Co., were making their way to the front door. The second man in the chocolate livery with the potato-bug waistcoat had brought the Magnate's coat and hat, and Parkins stood with his hand on the door-knob. Then, to the consternation of both master and servant, the great man darted forward and seized Peter's hand.

“Why, my dear Mr. Grayson! This is indeed a pleasure. I didn't see you—were you inside?”

“No—I've been upstairs with young Mr. Breen,” replied Peter, with a comprehensive bow to Host, Magnate and Magnate's daughter. Then, with the grace and dignity of an ambassador quitting a salon, he passed out into the night.

Breen found his breath first: “And you know him?”

“Know him!” cried the Magnate—“of course I know him! One of the most delightful men in New York; and I'm glad that you do—you're luckier than I—try as I may I can hardly ever get him inside my house.”

I was sitting up for the old fellow when he entered his cosey red room and dropped into a chair before the fire. I had seen the impression the young man had made upon him at the dinner and was anxious to learn the result of his visit. I had studied the boy somewhat myself, noting his bright smile, clear, open face without a trace of guile, and the enthusiasm that took possession of him when his friend won the prize. That he was outside the class of young men about him I could see from a certain timidity of glance and gesture—as if he wanted to be kept in the background. Would the old fellow, I wondered, burden his soul with still another charge?

Peter was laughing when he entered; he had laughed all the way down-town, he told me. What particularly delighted him—and here he related the Portman incident—was the change in Breen's face when old Portman grasped his hand so cordially.

“Made of pinchbeck, my dear Major, both of them, and yet how genuine it looks on the surface, and what a lot of it is in circulation. Quite as good as the real thing if you don't know the difference,” and again he laughed heartily.