“Of course he means them for you, dear,” Lucy remarked in haste. “For whom else can he intend such an ornament?”

“You are mistaken, Miss Hardinge. Grace must excuse me for being a little selfish this time, at least. I do not intend those pearls for Miss Wallingford, but for Mrs. Wallingford, should there ever be such a person.”

“Upon my word, such a double temptation, my boy, I Wonder Miss Merton ever had the fortitude to remove them from the enviable position they so lately occupied,” cried Rupert, glancing meaningly towards Emily, who returned the look with a slight smile.

“Of course, Miss Merton understood that my remark was ventured in pleasantry,” I said stiffly, “and not in presumption. It was decided, however, when in the Pacific, that these pearls ought to have that destination. It is true, Clawbonny is not the Pacific, and one may be pardoned for seeing things a little differently here, from what they appeared there. I have a few more pearls, however, very inferior in quality I confess, to those of the necklace; but, such as they are, I should esteem it a favour, ladies, if you would consent to divide them equally among you. They would make three very pretty rings, and as many breast-pins.”

I put into Grace's hands a little box containing all the pearls that had not been placed on the string. There were many fine ones among them, and some of very respectable size, though most were of the sort called seed. In the whole, there were several hundreds.

“We will not balk his generosity,” said Grace, smiling—“so, Miss Merton, we will separate the pearls into three parcels, and draw lots for them. Here are handsome ornaments among them!”

“They will have one value with you, at least, Grace, and quite likely with Lucy, while they might possibly possess another with Miss Merton. I fished up every one of those pearls with my own hands.”

“Certainly, that will give them value with both Lucy and me, dearest Miles, as would the simple fact that they are your gift—but what is to give them their especial value with Miss Merton?”

“They may serve to remind Miss Merton of some of her hair-breadth escapes, of the weeks passed on the island, and of scenes that, a few years hence, will probably possess the colours of a dream, in her recollection.”

One pearl I will take, with this particular object”—said Emily, with more feeling than I had seen her manifest since she had got back into the world, “if Miss Wallingford will do me the favour to select it.”