"Papa finds he can do a great deal of business at the club," said Milly; "he meets so many people, you know. The London cotton-brokers go to all the theatres, and to the Row in the morning. It is so much nicer than at Liverpool."

"You monkey!" her father said with a laugh. He took it very good-humouredly for a long time. But a joke that is carried on too long gets disagreeable at the last, and after a while he became impatient. "There, that's enough of it," he would say, which at first was a little surprising, for Milly used, so far as papa was concerned, to have everything her own way.

CHAPTER II.

THE LONDON OFFICE.

"Again—so soon!"

This is what Mrs Lycett-Landon and Milly said in chorus as the head of the house, with something which might have been a little embarrassment, announced a third visit to London in the course of four months. There was an absence of his usual assured tone—a sort of apologetic accent, which neither of them identified, but which both were vaguely conscious of, as expressing something new.

"Robert," said his wife, "you are anxious about young Fareham; I feel sure of it. Things are not going as you like."

"Well, my dear, I didn't want to say anything about it, and you must not breathe a syllable of this to Fareham, who would be much distressed; but I am a little anxious about the young fellow. Discipline is very slack at the office. He goes and comes when he likes, not like a man of business. In short, I want to keep an eye upon him."

"Oh, papa," cried Milly, "what a dear you are! and I that have been making fun of you about the club and the Row!"

"Never mind, my dear," said her father, magnanimously; "your fun doesn't hurt. But now that you have surprised my little secret, you must take care of it. Not a word, not a hint, not so much as a look, to any of the Farehams. I would not have it known for the world. But, of course, we must not expose Horace to the risk of acquiring unbusiness-like habits."