“Nothing, excepting that you knew him.”

“And who told you I knew him?”

“Arthur; at least, he and Mrs. Ormson were talking here one evening, and there was something said about your knowing him and his wife. Who are they?”

“Well, Mr. Aymescourt is Mr. Stewart’s nephew, and Mrs. Aymescourt is Mrs. Aymescourt,” answered Miss Hope, shortly.

“But who was she?” persisted Heather.

“She was a Miss Laxton in the days when I knew anything about her,” said Miss Hope; “a handsome girl, with a detestable temper and a fine fortune. They say she and her husband live like cat and dog; but all this has nothing to do with my friend’s letter. Listen to it, please;” and Miss Hope proceeded: “There can be no doubt but that, were this company once formed, Mr. Black, and probably many others, would make a good thing of it; but the difficulty in carrying it through appears to be want of capital for advertising and various other expenses. Mr. Stewart, as you are aware, is not a person likely to give away his name uselessly. I have no doubt he is to be liberally paid for allowing it to appear on the Direction.”

“Paid for his name? What is the translation of that?” inquired Heather.

“The translation of that is, Mr. Stewart will be either paid in shares or money for allowing his name to appear on the Direction,” said Miss Hope, who, for a woman that had bought her experience for twelve pounds ten, seemed wonderfully at home in the intricacies of City matters; “and if the gentleman in whom you are interested,” proceeded Arthur’s aunt, once again reading from the letter, “be, as you seem to imply, not merely a person inexperienced in business, but also speculative, there can be no doubt Mr. Black’s purpose is to obtain money from him in order to float his company.”

Here Miss Hope folded up her manuscript, and looked at Heather.

“But we have no money,” said the latter, answering Miss Hope’s look.