Johnnie, shoving his head hard against his father's shoulder, gave him an awkward hug. "You might depend on my never telling anybody," he said.

"I am sure of that, my boy. Your dear grandfather, a few months before his death, gave his name to an enterprise which, in my opinion, did not promise well. A good deal of money has been lost by it."

"Oh," said Johnnie, and again he reflected that, though not necessary, it would be only right and noble in him to give up his pony.

"But I dare say you think that I and mine have always lived in the enjoyment of every comfort, and of some luxuries."

"Oh, yes, father."

"Then if I tell you that I intend to continue living exactly in my present style, and that I expect to be always entitled to do so, you need perhaps hardly concern yourself to inquire how much I may hitherto have lived within my income."

Johnnie, who, quite unknown to himself, had just sustained the loss of many thousands hitherto placed to his name, replied with supreme indifference that he hoped he was not such a muff as to care about money that his father did not care about himself, and did not want. Whereupon John proceeded,—

"It is my wish, and in the course of a few years I hope that I shall be able, to retire."

"Oh," said Johnnie again, and he surprised his father to the point of making him refrain from any further communication, by adding, "And then you'll have plenty of time to rummage among those old Turanian verbs and things. But, father?"

"Yes, my boy."