"I never quite understood," said Edward, "why you should have brought her here, and given her a house, when she is still in possession of that income."

"She has only a scrap of it. Poor little thing! She neither knew it was wrong to take it, nor that if she did keep it, it ought not to have been allowed to go for his after debts. She got muddled altogether among them. The greater part of it she mortgaged for him, so that there was only a pittance left. Whatever you may think, you young men, it is a drawback for a man when he marries a fool. And so she kept her pearls!" Catherine added, with a laugh of contempt.

"Marrying a fool, however, must have its advantages," said Edward, "since a woman with brains would probably have given up the settlement altogether."

"Advantages—if you think them advantages!" Catherine said, with a flash of her eyes such as Edward had seldom seen. "And certainly would not have kept the pearls—which are worth a good deal of money," she added, however, with her habitual laugh. "I think they must have dazzled you, my boy, these pearls."

"I am sure they did," said Edward composedly; "they took away my breath. I have seen her here often, a dowdy little girl" (he scorned himself for saying these words, yet he said them, though even his cheek reddened with the sense of self-contempt) "with no ornaments at all."

"No," said Catherine; "to do Mrs. John justice, she had as much sense as that. She would not have put those pearls on a girl's neck, unless she was dressed conformably. Oh, she has sense enough for that. I suppose she had a pretty dress—white? But of course it would be white; at the first ball—and looked well, you say?"

"Very handsome," said Edward, gravely. He did not look up to meet the look of awakened alarm, wonder, doubt, and rousing up of her faculties to meet a new danger, which was in Catherine's eyes. He kept his on his plate and ate his breakfast with great apparent calm, though he knew very well, and had pleasure in thinking, that he had planted an arrow in her. "By the way," he said, after an interval, "where did John Vernon pick his wife up? I hear she is of good family—and was it her extravagance that brought about his ruin? These are details I have never heard."

"It is not necessary to enter into such old stories," said Catherine, somewhat stiffly. "He met her, I suppose, as young men meet unsuitable people everywhere; but we must do justice. I don't think she had any share in the ruin, any more at least than a woman's legitimate share," she added, with a laugh that was somewhat grim. "He was fond of every kind of indulgence, and then speculated to mend matters. Beware of speculation, Edward. Extravagance is bad, but speculation is ruin. In the one case you may have to buy your pleasures very dear, but in the other there is no pleasure, nothing but destruction and misery."

"Is not that a little hard, Aunt Catherine? there is another side to it. Sometimes a colossal fortune instead of destruction, as you say; and in the meantime a great deal of excitement and interest, which are pleasures in their way."

"The pleasure of balancing on the point of a needle over the bottomless pit," she said. "If I were not very sure that you have too much sense to be drawn into anything of the kind, I should take fright, to hear you say even as much as that. The very name of speculation is a horror to me."