"He settles a fine estate on this Allan, with an income of eight thousand a year, not so bad, eh?"

"And this is all conditional——"

"On your marrying the said Allan Homewood. I think," he said, as he rose from his breakfast table, "I have on the whole not done so badly for you!"

"And yourself," she said; "not so badly!" She smiled bitterly, then shrugged her shapely shoulders. "Very well, I suppose it is only left for me to say thank you very much indeed!"

"Quite so. The alternative, dear child, is this"—his lordship waved his hand—"an elderly unmarried lady residing in, say, a Brighton Boarding House, her face bearing some evidence of a past but long since faded beauty, her title, if she is foolish enough to make use of it, subjecting her to some little annoyance, mingled with a certain amount of servile respect. Not a pretty picture, my love, but a very true one."

"And the alternative is to marry Mr. Allan Homewood?"

"A pleasant alternative, and its acceptance never for a moment in doubt, eh?"

"Never for a moment in doubt," she repeated.

"Then it only remains for me to say Heaven bless you, my child, and to send a wire of acceptance to Sir Josiah. No, on second thought, I'll telephone him from the Club." He paused for a moment to arrange his necktie before the glass over the mantel, then went to the door. At the door. he stood and looked at her for a moment, then went out, a satisfied smile on his thin aristocratic face.

The girl stood there by the window for a long time. She was thinking. She had much to think about. She was twenty-eight and a beautiful woman of twenty-eight has no doubt many memories.