All Light Dragoons are not equally susceptible, and Mr. Walters was a difficult subject, partly from his active habits of mind and body, partly from the energy with which he threw himself into the business of the moment whatever it might be.

Satanella's work, her shoeing, her food, her water, were such engrossing topics now, that, but for her connection with the mare, the lady from whom that animal took its name would have had no chance of occupying a place in his thoughts. He had got back to the probability of frost, and the possibility of making a tan-gallop, when he turned out of St. James's Street into one of those pleasant haunts where men congregate after nightfall to smoke and talk, accosting each other with the easy good-fellowship that springs from community of tastes, and generous dinners washed down with rosy wine.

Notwithstanding the time of year, a member in his shirt-sleeves was sprawling over the billiard-table; a dozen more were sprinkled about the room. Acclamations, less loud than earnest, greeted Daisy's entrance, and tumblers of cunning drinks were raised to bearded lips, in mute but hearty welcome.

"You young beggar, you've made me miss my stroke!" exclaimed the billiard-player, failing egregiously to score an obvious and easy hazard. "Daisy, you're always in the way, and you're always welcome. But what are you doing out of the Shires in such weather as this?"

"Daisy never cared a hang for hunting," said a tall, stout man on the sofa. "He's only one of your galloping Brummagem sportsmen, always amongst the hounds. How many couples have you scored now, this season—tell the truth, my boy—off your own bat?"

"More than you have of foxes, counting those that were fairly killed," answered Daisy calmly. "And that is not saying much. Seriously, Jack, something must be done about those hounds of yours. I'm told they've got so slow you have to meet at half-past ten, and never get home till after dark. I suppose if once you began to draft there would be nothing left in the kennel but the terrier!"

"You be hanged!" answered the big man, laughing. "You conceited young devil, you think you're entitled to give an opinion because you're not afraid to ride. And, after all, you can't half do that, unless the places are flagged out for you in the fences! If you cared two straws about the real sport, you wouldn't be in London now."

"How can I hunt without horses?" replied Daisy, burying his fair young face in an enormous beaker. "All hounds are not like yours, you know. Thick shoes and gaiters make a capital mount in some countries; but if I am to put on boots and breeches I want to go faster than a Paddy driving a pig. That's why I've never been to pay you a visit."

"D—n your impudence!" was all the other could find breath to retort, adding, after a pause of admiration, "What a beggar it is to chaff! But I won't let you off all the same. Come to me directly after Northampton. It's right in your way home."

"Nothing I should like better," answered Daisy. "But it can't be done. I'm due at Punchestown on the seventeenth, and I ought to be in Ireland at least a fortnight before the races."