There was one fact that Mr. Nowell the younger seemed inclined to ignore in the course of these reflections; and that was the fact that he had not left America until he had completely used up that country as a field for commercial enterprise, and had indeed made his name so far notorious in connection with numerous shady transactions as to leave no course open to him except a speedy departure. Since his coming to England he had lived entirely on credit; and, beyond the fine clothes he wore and the contents of his two portmanteaus, he possessed nothing in the world. It was quite true that he had done very well in New York; but his well-being had been secured at the cost of other people; and after having started some half-dozen speculations, and living extravagantly upon the funds of his victims, he was now as poor as he had been when he left Belgium for America, the commission-agent of a house in the iron trade. In this position he might have prospered in a moderate way, and might have profited by the expensive education which had given him nothing but showy agreeable manners, had he been capable of steadiness and industry. But of these virtues he was utterly deficient, possessing instead a genius for that kind of swindling which keeps just upon the safe side of felony. He had lived pleasantly enough, for many years, by the exercise of this agreeable talent; so pleasantly indeed that he had troubled himself very little about his chances of inheriting his father's savings. It was only when he had exhausted all expedients for making money on "the other side" that he turned his thoughts in the direction of Queen Anne's Court, and began to speculate upon the probability of Jacob Nowell's good graces being worth the trouble of cultivation. The prospectuses which he had shown his father were mere waste paper, the useless surplus stationery remaining from a scheme that had failed to enlist the sympathies of a Transatlantic public. But he fancied that his only chance with the old man lay in an assumption of prosperity; so he carried matters with a high hand throughout the business, and swaggered in the little dusky parlour behind the shop just as he had swaggered on New-York Broadway or at Delmonico's in the heyday of his commercial success.

He called at Mr. Medler's office the day after Jacob Nowell's will had been executed, having had no hint of the fact from his father. The solicitor told him what had been done, and how the most strenuous efforts on his part had only resulted in the insertion of Percival's name after that of his daughter.

Whatever indignation Mr. Nowell may have felt at the fact that his daughter had been preferred before him, he contrived to keep hidden in his own mind. The lawyer was surprised at the quiet gravity with which he received the intelligence. He listened to Mr. Medler's statement of the case with the calmest air of deliberation, seemed indeed to be thinking so deeply that it was as if his thoughts had wandered away from the subject in hand to some theme which allowed of more profound speculation.

"And if she should die childless, I should get all the free-hold property?" he said at last, waking up suddenly from that state of abstraction, and turning his thoughtful face upon the lawyer.

"Yes; all the real estate would be yours."

"Have you any notion what the property is worth?"

"Not an exact notion. Your father gave me a list of investments. Altogether, I should fancy, the income will be something handsome—between two and three thousand a year, perhaps. Strange, isn't it, for a man with all that money to have lived such a life as your father's?"

"Strange indeed," Percival Nowell cried with a sneer. "And my daughter will step into two or three thousand a year," he went on: "very pleasant for her, and for her husband into the bargain. Of course I'm not going to say that I wouldn't rather have had the income myself. You'd scarcely swallow that, as a man of the world, you see, Medler. But the girl is my only child, and though circumstances have divided us for the greater part of our lives, blood is thicker than water; and in short, since there was no getting the governor to do the right thing, and leave this money to me, it's the next best thing that he should leave it to Marian."

"To say nothing of the possibility of her dying without children, and your coming into the property after all," said Mr. Medler, wondering a little at Mr. Nowell's philosophical manner of looking at the question.

"Sir," exclaimed Percival indignantly, "do you imagine me capable of speculating upon the untimely death of my only child?"