"The little fool!" he said to Selwyn, "came here last night, stinking of wine, and attempted to lay down the law to me!—tried to dragoon me into a compromise with him over the investments I have made for him. By God, Phil, he shall not control one cent until the trust conditions are fulfilled, though it was left to my discretion, too. And I told him so flatly; I told him he wasn't fit to be trusted with the coupons of a repudiated South American bond—"

"Hold on, Austin. That isn't the way to tackle a boy like that!"

"Isn't it? Well, why not? Do you expect me to dicker with him?"

"No; but, Austin, you've always been a little brusque with him. Don't you think—"

"No, I don't. It's discipline he needs, and he'll get it good and plenty every time he comes here."

"I—I'm afraid he may cease coming here. That's the worst of it. For his sister's sake I think we ought to try to put up with—"

"Put up! Put up! I've been doing nothing else since he came of age. He's turned out a fool of a puppy, I tell you; he's idle, lazy, dissipated, impudent, conceited, insufferable—"

"But not vicious, Austin, and not untruthful. Where his affections are centred he is always generous; where they should be centred he is merely thoughtless, not deliberately selfish—"

"See here, Phil, how much good has your molly-coddling done him? You warned him to be cautious in his intimacy with Neergard, and he was actually insulting to you—"

"I know; but I understood. He probably had some vague idea of loyalty to a man whom he had known longer than he knew me. That was all; that was what I feared, too. But it had to be done—I was determined to venture it; and it seems I accomplished nothing. But don't think that Gerald's attitude toward me makes any difference, Austin. It doesn't; I'm just as devoted to the boy, just as sorry for him, just as ready to step in when the chance comes, as it surely will, Austin. He's only running a bit wilder than the usual colt; it takes longer to catch and bridle him—"