“Such a clever young lady!” smiled Mr. Goldhanger.

“No, but I have a great deal of common sense, which tells me that if you refuse to give up the bond and the ring the best course for me to pursue would be to drive at once to Bow Street and lay the whole matter before the magistrate there.”

The smile faded; Mr. Goldhanger watched her through narrowed eyelids. “I don’t think you would be wise to do that,” he said.

“Don’t you? Well, I think it is the wisest thing I could possibly do, and I have a strong feeling that they would like to have news of you in Bow Street.”

Mr. Goldhanger shared this feeling. But he did not believe that Sophy meant what she said, his clients having the most providential dislike of publicity. He said, “I think my Lord Ombersley would prefer to pay me my money.”

“I daresay he would, and that is why I have told him nothing about it, for I think it nonsensical to be blackmailed by such a creature as you all for the want of a little courage.”

This unprecedented point of view began to engender in Mr. Goldhanger a dislike for his guest. Women, he knew, were unpredictable. He leaned forward in his chair, and tried to explain to her some of the more disagreeable consequences that would befall Mr. Rivenhall if he repudiated any part of his debt. He spoke well, and it was a sinister little speech that seldom failed to impress its hearers. It failed today.

“All this,” said Sophy, cutting him short, “is nonsense, and you must know that as well as I do. All that would happen to Mr. Rivenhall would be that he would get a great scold and be in disgrace with his father for a while, and as for being sent down from Oxford, no such thing! They will never know anything about it there, because it is my belief that you do worse things than lending money at extortionate rates to young men, and once I have been to Bow Street, ten to one they will contrive to put you in prison on quite another charge! What is more, the instant it becomes known to the law officers that you lent money to a minor you will be unable to recover a penny of it. So pray do not talk any more to me in that absurd way! I am not in the least afraid of you or of anything you can do.”

“You are very courageous,” said Mr. Goldhanger gently. “Also you have much common sense, as you told me. But I too have common sense, my lady, and I do not think that you came to see me with the consent, or even the knowledge, of your parents, or your maid, or even of Mr. Hubert Rivenhall. Perhaps you would indeed inform against me at Bow Street. I do not know, but perhaps you may never be grant the opportunity. Now, I should not like to be harsh to such a beautiful young lady, so shall we agree to a little compromise? You will give me the five hundred pounds you have brought with you, and those pretty pearls you wear in your ears, and I will hand you Mr. Rivenhall’s bond, and we shall both of us be satisfied.”

Sophy laughed. “I imagine you would be more than satisfied!” she said. “I will give you five hundred pounds for the bond and the ring, and nothing more.”