"Not exactly: he has merely said he thinks it a day most unprofitably wasted; and that the gambling and excesses, always the attendant of races, are not fit scenes for young persons. Were I to take my horse and go, he would not, perhaps, be actually displeased, as I am old enough now, he says, in some things, to judge for myself; but I should be acting against his principles, which, just now, I am not inclined to do, for I am sure to suffer from it afterward."

"Well, all I can say, is, that when I am as old as you are, Percy, I shall certainly consider myself under no one. I hope I shall be at Eton by that time, and then we shall see if Cecil Grahame has not some spirit in him. I would not be tied down to Oakwood, and to Mr. Howard's humdrum lessons, as you are, Percy, for worlds."

"Take care that Cecil Grahame's spirit does not effervesce so much, as to make him, when at Eton, wish himself back at Moorlands," replied Percy, laughing heartily at his young companion's grotesque attempts at self-consequence, by placing his cap dandily on his head, flourishing his cane, and trying to make himself look taller. Cecil took his laugh, however, in good part, and they continued in amicable conversation till Mrs. Hamilton summoned Percy to attend her home.

Our readers have, perhaps, discovered that Percy, this day was not quite as lively as usual. If they have not his mother did; for, strange to say, he walked by her side silent and dispirited. His thoughtlessness very often led him into error and its disagreeable consequences; and, fearing this had again been the case, she playfully inquired the cause of his most unusual abstraction. He colored, but evaded the question, and successfully roused himself to talk. His mother was not anxious, for she had such perfect confidence in him, that she know if he had committed error, he would redeem it, and that his own good feelings and high principles would prevent its recurrence.

It so happened, however, that young Hamilton, by a series of rather imprudent actions, had plunged himself into such a very unusual and disagreeable position, as not very well to know how to extricate himself from it, without a full confession to his father; which, daringly brave as in general he was, he felt almost as if he really had not the courage to make. One of Mr. Hamilton's most imperative commands was, that his sons should never incur a debt, and, to prevent the temptation, their monthly allowance was an ample one, and fully permitted any recreative indulgences they might desire.

Now Percy was rather inclined to extravagance, from thoughtlessness and a profuse generosity, which had often caused him such annoyance as to make him resolve again and again to follow his father's advice, and keep some accounts of his expenditure, as a slight check on himself. The admiration for beauty in the fine arts, which his mother had so sedulously cultivated, had had only one bad effect; and that was that his passion for prints and paintings, and illustrated and richly-bound volumes, sometimes carried him beyond bounds, and very often occasioned regret, that he had not examined the letter-press of such works, as well as their engravings and bindings. He had given orders to Mr. Harris, a large fancy stationer, librarian, and publisher of T—, to procure for him a set of engravings, whose very interesting subjects and beautiful workmanship, Mr. Grahame had so vividly described to him, that young Hamilton felt to do without them till his father or he himself should visit the metropolis, and so judge of their worth themselves, was quite impossible. The order was given without the least regard to price. They arrived at the end of the month, and the young gentleman, to his extreme astonishment, discovered that his month's allowance had been so expended, as not to leave him a half-quarter of the necessary sum. What to do he did not very well know. Mr. Harris had had great difficulty in procuring the prints, and of course he was bound in honor to take them. If he waited till he could pay for them, he must sacrifice the whole of one month's allowance, and then how could he keep free from debt till the next? As for applying to his father, he shrank from it with actual pain. How could he ask his ever kind and indulgent parent to discharge a debt incurred by such a thoughtless act of unnecessary extravagance? Mr. Harris made very light of it, declaring that, if Mr. Percy did not pay him for a twelvemonth, it was of no consequence; he would trust him for any sum or any time he liked. But to make no attempt to liquidate his debt was as impossible as to speak to his father. No, after a violent struggle with his pride, which did not at all like the idea of betraying his inability to pay the whole, or of asking a favor of Mr. Harris, he agreed to pay his debt by installments, and so in two or three months, at the very latest, discharge the whole.

One week afterward he received his month's allowance, and riding over directly to the town relieved his conscience of half its load. To have only half his usual sum, however, for monthly expenditure caused him so many checks and annoyances as to make him hate the very sight of the prints whose possession he had so coveted, but he looked forward to the next month to be free at least of Mr. Harris. The idea of disobedience to his father in incurring a debt at all, causing him more annoyance than all the rest.

Again the first day of the month came round, and putting the full sum required in his purse, he set off, but on his way encountered such a scene of distress, that every thought fled from his mind, except how to relieve it. He accompanied the miserable half-famished man to a hut in which lay a seemingly dying woman with a new-born babe, and two or three small half-starved, half-naked children—listened to their story, which was really one of truth and misfortune, not of whining deceit, poured the whole contents of his purse into their laps, and rode off to T—, to find not Mr. Harris but Mr. Maitland, and implore him to see what his skill would do for the poor woman. He encountered that gentleman at the outskirts of the town, told his story, and was so delighted at Mr. Maitland's willing promise to go directly, and also to report the case to those who would relieve it, that he never thought of any thing else till he found himself directly opposite Mr. Harris's shop, and his bounding heart sunk suddenly down, as impelled by a weight of lead. The conviction flashed upon him that he had been giving away money which was actually not his own; and the deed which had been productive of so much internal happiness, now seemed to reproach and condemn him. He rode back without even seeking Mr. Harris, for what could he tell him as the reason of his non-payment? Certainly not his having given it away.

The first of May, which was his birthday, he had been long engaged to spend with some young men and lads who were to have a grand game of cricket, a jovial dinner, an adjournment to some evening amusement, and, to conclude the day, a gay supper, with glees and songs. Mr. Hamilton had rather wished Percy to leave the party after dinner, and had told him so, merely, however, as a preference, not a command, but giving him permission to use his own discretion. Percy knew there would be several expenses attendant on the day, but still he had promised so long to be one of the party, which all had declared would be nothing without him, and his own inclinations so urged him to join it, that it seemed to him utterly impossible to draw back, especially as he could give no excuse for doing so. How could he say that he could not afford it? when he was, or ought to have been, nearly the richest of the party; and what would his father think?

He went. The day was thoroughly delightful, and so exciting, that though he had started from home with the intention of leaving them after dinner, he could not resist the pleadings of his companions and his own wishes, and remained. At supper alone excitement and revelry seemed to have gained the upper hand, and Percy, though steady in entirely abstaining from all excess, was not quite so guarded as usual. A clergyman had lately appeared at T—, whose appearance, manners, and opinions had given more than usual food for gossip, and much uncharitableness. His cloth indeed ought to have protected him, but it rather increased the satire, sarcasm, and laughter which he excited. He was brought forward by the thoughtless youths of Percy's party, quizzed unmercifully, made the object of some clever caricatures and satires, and though young Hamilton at first kept aloof, he could not resist the contagion. He dashed off about half-a-dozen verses of such remarkably witty and clever point, that they were received with roars of applause, and an unanimous request for distribution; but this he positively refused, and put them up with one or two other poems of more innocent wit, in which he was fond of indulging, into his pocket.