"I think I shall like Paunch," Lallie remarked; "he's earnest and serious, and thinks no end of himself, but he can unbend on occasion."

"Don't you go making him unbend till he refuses to coil up again into his proper shape," Tony said anxiously. "You must be serious, too, down here, and be always thinking what Aunt Emileen would say."

"Aunt Emileen would approve of Paunch; he is earnestly concerned for the morals of B. House, and I'll help him to raise the tone, till we're so superior no other house can touch us. As for you, Tony, I've discovered already you're a slack old thing, and don't take nearly a keen enough interest in these high matters."

"Of course every one knows that P--that Mr. Johns and Miss Foster really run this house," Tony said dryly; "I'm merely the figure head. Lallie," with a complete change of tone, "why do you wear a bracelet above the elbow? I never saw any other lady wear one there."

"Have you forgotten?" the girl exclaimed. "Look there!" and unclasping the wide gold band she displayed a long discoloured, jagged scar on her white arm. "That's where the mare 'Loree' bit me when I was ten. Don't you remember 'Loree'? Perhaps you weren't with us that autumn. We called her after the poem, 'Loraine, Loraine, Loree,' because she had such a fiendish temper. But she was a great beauty, and a wonderful jumper, and Dad thought he would hunt her that winter, in spite of her temper, though he was a bit too heavy for her; but they were all afraid of her at the stables, and declared she'd be the death of somebody. Funnily enough she never showed temper to me, and I used to take her sugar and apples and go in and out of the stable, and she never showed a sign of ill-temper while I was there, but Dad would never let me mount her. Then one day she'd just come in from exercising, and I went out to the yard with her apple for her. Rooney called to me: 'Don't you come near her, Miss Lallie! It's the very devil himself is in her to-day;' but I laughed, like the silly little girl I was, and said, 'It's you, Rooney, who can't manage her; I wish they'd let me take her out to exercise, it's a light hand she wants.' I went up to her to give her the apple, and she swung round and caught hold of my arm with her long teeth, and broke it there and then--and Dad shot her that afternoon. Oh, you must remember, Tony!"

"I think I do remember something about it, but you know you were always being bitten by something, or thrown by something else----"

"I never was thrown but once," Lallie exclaimed indignantly. "If your horse rolls in a ditch it's not fair for any one to say you're thrown; but you, Tony, I suppose, keep count of the times you stick on, not the times you come off."

"Well, you were always in the wars, anyhow, so that perhaps the accidents, being so numerous, impressed me less than they ought to have done. But that was a horrid thing. Still, you know, I think the scar is less noticeable than the bracelet."

"Oh, the bracelet's Dad's affair. He can't bear to see anything ugly; and when I had my first proper evening frock he gave me this, and bade me wear it always when I had short sleeves; and it makes a topic of conversation with my partners at dances, and they're always very shocked and sorry, and feel kindly to me at once."

Lallie snapped the bracelet on her arm again, and smiled up confidingly at Tony, who continued to smoke in silence.