“That is the very cause of all this trouble but they say there is not a goldsmith in all London that does not buy guineas; so that it is very hard that one should be picked out for punishment. Well; they agreed upon their bargain, Edgar standing by seeing them weighed, and being a witness to the terms. Just before they had quite finished, somebody came into the shop, and the stranger winked at Philip to sweep the guineas out of sight, and whispered that he would call again for the money. It so happened that when he did call again, and was putting the notes he had just taken into his pocket-book, the very same person came in that had interrupted them before. He pretended to want a seal; but there is no doubt that he is a common informer; for it was he who swore the offence against Philip.”

“Philip has really been brought to justice, then?”

“O dear, Miss Melea! what an expression for me to hear used about one of my children! Yes; he was brought before the Lord Mayor; but he was allowed to be bailed; and Edgar will move heaven and earth to get him off; as, indeed, he ought to do, he having been the one to lead him into the scrape. I am trusting that the letter I expect to-day may bring news of its having taken some favourable turn.”

“If not,” said Melea, “you must comfort yourself that the case is no worse. Though Philip has fairly brought this misfortune upon himself by transgressing a law that everybody knows, it is a very different thing to all his friends from his having incurred punishment for bad moral conduct. The offence of buying and selling guineas is an offence created for the time by the curious state our currency is now in. It is not like any act of intemperance, or violence, or fraud, which will remain a crime long after guineas cease to be bought and sold, and was a crime before guineas were ever coined.”

“That is very much the same thing that Mr. Pye said. He tells me not to think of it as I would of coining or forging. Yet they are crimes belonging to the currency too, Miss Melea!”

“They are direct frauds; robberies which are known by those who perpetrate them to be more iniquitous than common robberies, because they not only deprive certain persons of their property, but shake public confidence, which is the necessary safeguard of all property. Buying guineas to make watch-chains of the gold puts the government to the expense of coining more; and this is a great evil; but much blame rests with those who have made gold so valuable as to tempt to this sale of coin, and then punish the tempted. This sort of offence and punishment cannot last long.”

“And then my poor son’s error will not be remembered against him, I trust. How soon do you suppose this state of things will change, Miss Melea?”

“People say we are to have peace very soon indeed; and presently after, the Bank of England is to pay in cash again; and then gold coin will cease to be more valuable than it pretends to be.”

“So soon as that!” exclaimed Mrs. Parndon, laying down her work.

“Yes. I should not wonder if all temptation to trade in guineas is over within a year.”