Amidst all Miss Graham's matrimonial disappointments, she had endured none more bitter than that which she had felt when she read the announcement of Sir Oswald Eversleigh's marriage in the "Times" newspaper.

She had met the rich baronet very frequently in society. She had visited at Raynham with her brother. Sir Oswald had, to all appearance, admired her beauty and accomplishments; and she had imagined that time and opportunity alone were wanting to transform that admiration into a warmer feeling. In plain words, Lydia Graham had hoped with a little good management, to become Lady Eversleigh of Raynham; and no words can fully describe her mortification when she learnt that the baronet had bestowed his name and fortune on a woman of whom the fashionable world knew nothing, except that she was utterly unknown.

Lydia Graham came to Raynham Castle with poisonous feelings rankling in her heart, but she wore her brightest smiles as well as her most elegant dresses. She congratulated the baronet in honeyed words, and offered warmest friendship to the lovely mistress of the mansion.

"I am sure we shall suit each other delightfully, dear Lady Eversleigh," she said; "and we shall be fast friends henceforward-shall we not?"

Honoria's disposition was naturally reserved. She revolted against frivolous and unmeaning sentimentality. She responded politely to Miss Graham's proffers of friendship; but not with corresponding warmth.

Lydia Graham perceived the coldness of her manner, and bitterly resented it. She felt that she had reason to hate this woman, who had caused the disappointment of her dearest hopes, whose beauty was infinitely superior to her own; and who was several years younger than herself.

There was one person at Raynham whose scrutinizing eyes perceived the animosity of feeling lurking beneath Lydia Graham's smooth manner. That penetrating observer was Victor Carrington. He saw that the fashionable beauty hated Lady Eversleigh, and he resolved to make use of her hatred for the furtherance of his schemes.

"I fancy Miss Graham has at some time of her life cherished an idea that she might become mistress of this place, eh, Reginald?" he said one morning, as the two men lounged together on the terrace.

"How did you know that?" said Reginald, questioning and replying at once.

"By no diabolical power of divination, I assure you, my dear Reginald. I have only used my eyes. But it seems, from your exclamation, that I am right. Miss Graham did once hope to become Lady Eversleigh."