"Everything has been going wrong lately, and so I think it's better to have a clean cut. There's no good you asking me to come back.—DORIS."

Once more Hugh Lethbridge stared across the room. A waiter placed the new bottle on the table, but he took no notice. His mind was busy with the past, and his untasted food grew cold on the plate in front of him.

It was in the summer of 1917 that Hugh Lethbridge, being on sick leave from France, met Doris Lashley for the first time. She was helping at the hospital where Hugh came to rest finally; and having once set eyes on her, he made no effort to hurry his departure unduly. The contrast between talking to Doris and wallowing in the mud-holes of Passchendaele was very pleasant; and in due course, assisted by one or two taxi-rides and some quiet dinners à deux, he proposed and was accepted. In October he married her; in November he returned to France, after a fortnight's honeymoon spent in Devonshire.

He went back to his old battalion, and stagnated with them through the winter. But the stagnation was made endurable by the wonder of the girl who was his: by the remembrance of those unforgettable days and nights when he had been alone with her in the little hotel down Dawlish way; by the glory of her letters. For she was a very human girl, even though she was just a Colt. Nineteen and a half is not a very great age, and sometimes of a night Hugh would lie awake listening to the rattle of a machine-gun down the line, and the half-forgotten religion of childhood would surge through his mind. Thirty seems old to nineteen, and dim, inarticulate prayers would rise to the great brooding Spirit above that He would never let this slip of a girl down. Then sleep would come—sleep, when a kindly Fate would sometimes let him dream of her; dreams when she would come to him out of the mists, and they would stand together again in the little sandy cove with the red cliffs towering above them. She would put her hands on his shoulders, and shake him gently to and fro until, just as he was going to kiss her, a raucous voice would bellow in his ear, "Stand to." And the Heaven of imagination would change to the Hell of grey trenches just before the dawn.

In March, 1918, Hugh wangled a fortnight's leave. And at this point it is necessary to touch for a moment on that unpleasant essential to modern life—money. The girl had brought in as her contribution to the establishment the sum of one hundred pounds a year left her by her grandmother; Hugh had about three hundred a year private means in addition to his Army pay. Before the war it had been in addition to what he was making in the City; after the war it would be the same again. And, as everyone knows, what a man may make in the City depends on a variety of circumstances, many of which are quite outside his own control. That point, however, concerns the future; and for the moment it is March, 1918—leave. Moreover, as has been said, the girl was just a Colt.

For a fortnight they lived—the Man with his eyes wide open, but not caring—at the rate of five thousand a year. They blew two hundred of the best, and loved every minute of it. Then came the German offensive, and we are not concerned with the remainder of 1918. Sufficient to say that in his wisdom—or was it his folly?—there was no addition to the family when, in February, 1919, he was demobilized, and the story proper begins.

Hugh's gratuity was just sufficient to supply the furniture for one room in the house they took near Esher. If it had been expended on lines of utility rather than those of show it would have gone farther; but the stuff was chosen by Doris one afternoon while he was at the office, and when she pointed it out to him with ill-concealed pride at the shop, he stifled his misgivings and agreed that it was charming. It was; so was the price. For the remainder of the furniture he dipped into his capital, at a time when he wanted every available penny he could lay his hands on for his business. He never spoke to Doris about money; there were so many other things to discuss as the evenings lengthened and spring changed to early summer. They were intensely personal things, monotonous to a degree to any Philistine outsider who might have been privileged to hear them. But since they seemed to afford infinite satisfaction to the two principal performers, the feelings of a Philistine need not be considered.

And then one evening a whole variety of little things happened together. To start with, Hugh had spent the afternoon going more carefully than usual into books and ledgers, and when he had finished he lit a cigarette and stared a trifle blankly at the wall opposite. There was no doubt about it, business was rotten. Stuff which he had been promised, and for which heavy deposits had been paid, was not forthcoming. It was no fault of the firms he was dealing with; he knew that their letters of regret were real statements of fact. War-weariness, labour unrest, a hundred other almost indefinable causes were at work, and the stuff simply wasn't there to deliver. If he liked, as they had failed in their contract, he could have his deposit back, etc., etc. So ran half a dozen letters, and Hugh turned them over on his desk a little bitterly. It was no good to him having his deposit back; it was no good to him living on his capital. And there was no use mincing matters: as things stood he was making practically no income out of his work. It would adjust itself in time—that he knew. The difficulty was the immediate present and the next few months. What a pity it was he couldn't do as he would have done in the past—take rooms and live really quietly till things adjusted themselves. And then, with a start, he realized why he couldn't, and with a quick tightening of his jaw lie rose and reached for his hat. She must never know—God bless her. Hang it, things would come right soon.

He bought an evening paper on his way down, and glanced over it mechanically.

"If," had written some brilliant contributor, "the nation at large, and individuals in particular, will not realize, and that right soon, that any business or country whose expenditure exceeds its income must inevitably be ruined sooner or later——"