The man hesitated in his answer, and the Provost continued, "You evidently did do it on purpose, and in that case, although it was carried too far, for I hear you had a very narrow escape of being stifled, still you brought it upon yourself, and I hope it will be a lesson to you not to risk the lives of Eton boys for your amusement. I know nothing about this affair, but if you can point out the boys you suspect I will of course inquire into it."

The bargeman departed, grumbling that he did not know one of the young imps from another, but if he did find them, he'd wring their necks for them to a certainty. The Provost had some inquiries made as to the boys who had been upset, and whether they had all been in at lock-up time; finding that they had all answered to their names, he made no further investigation.

This affair had taken place in the summer before this story begins, on the 15th of October, 1808. On that day a holiday was granted in consequence of the head-master's birthday, and the boys set off, some to football, some for long walks in the country.

The Scudamores, with several of their friends, strolled down the towing-path for some miles, and walked back by the road. As they entered their dames-house on their return, Tom Scudamore said for the twentieth time, "Well, I would give anything to be a soldier, instead of having to go in and settle down as a banker—it's disgusting!"

As they entered a boy came up. "Oh, Scudamore, Jackson's been asking for you both. It's something particular, for he has been out three or four times, and he wanted to send after you, but no one knew where you had gone."

The boys at once went into the master's study, where they remained all the afternoon. A short time after they went in, Mr. Jackson came out and said a word or two to one of the senior boys, and the word was quickly passed round, that there was to be no row, for the Scudamores had just heard of the sudden death of their father. That evening, Mr. Jackson had beds made up for them in his study, so that they might not have the pain of having to talk with the other boys. The housekeeper packed up their things, and next morning early they started by the coach for London.

Mr. Scudamore, the father of the young Etonians, was a banker. He was the elder of two brothers, and had inherited his father's business, while his brother had gone into the army. The banker had married the daughter of a landowner in the neighborhood, and had lived happily and prosperously until her death, seven years before this story begins. She had borne him three children, the two boys, now fifteen and fourteen years old respectively, and a girl, Rhoda, two years younger than Peter. The loss of his wife afflicted him greatly, and he received another shock five years later by the death of his brother, Colonel Scudamore, to whom he was much attached. From the time of his wife's death he had greatly relaxed in his attention to his business, and after his brother's death he left the management almost entirely in the hands of his cashier, in whom he had unlimited confidence. This confidence was wholly misplaced. For years the cashier had been carrying on speculation upon his own account with the monies of the bank. Gradually and without exciting the least suspicion he had realized the various securities held by the bank, and at last gathering all the available cash he, one Saturday afternoon, locked up the bank and fled.

On Monday it was found that he was missing; Mr. Scudamore went down to the bank, and had the books taken into his parlor for examination. Some hours afterwards a clerk went in and found his master lying back in his chair insensible. A doctor on arriving pronounced it to be apoplexy. He never rallied, and a few hours afterwards the news spread through the country that Scudamore, the banker, was dead, and that the bank had stopped payment.

People could believe the former item of news, but were incredulous as to the latter. Scudamore's bank was looked upon in Lincolnshire as at least as safe as the Bank of England itself. But the sad truth was soon clear to all, and for awhile there was great distress of mind among the people, for many miles round, for most of them had entrusted all their savings of years to the Scudamores' bank. When affairs were wound up, however, it was found that things were not quite so bad as had been feared. Mr. Scudamore had a considerable capital employed in the bank, and the sale of his handsome house and estate realized a large sum, so that eventually every one received back the money they had entrusted to the bank; but the whole of the capital and the profits of years of successful enterprise had vanished, and it was calculated by the executors that the swindler must have appropriated at least 80,000l.

For the first month after their father's death the boys stayed with the doctor who had long attended the family and had treated all their ailments since they were born. In the great loss of their father the loss of their fortune affected them but little, except that they were sorry to be obliged to leave Eton; for the interest of the little fortune which their mother had brought at her marriage, and which was all that now remained to them, would not have been sufficient to pay for their expenses there, and indeed such an education would have been out of place for two boys who had to make their own way in life. At the end of this month it was arranged that they were to go to their only existing relative, an elder sister of Mr. Scudamore. The boys had never seen her, for she had not for many years been friends with her brother.