There was much that was genuine and deeply loveable about Clare; but she gained credit for more than she really deserved, and Margery, except in the case of those who could see below the surface, for far less.

Another year had passed over the heads of the two girls, and Christmas was close at hand.

There was to be a large gathering of guests at Monks Lea, and there was every prospect of an exceptionally happy season.

Two of the guests—Mrs. Anstruther, widow of an old colleague of Colonel Austin, and her son, a captain in a cavalry regiment, and a young man of the highest character—came nearly a fortnight before the rest, and whilst Clare was absent from home.

Mrs. Austin was anxious to enjoy quietly the society of her friend, and to make the acquaintance of her son, who had lately returned from Africa, and of whom she had seen little for several years past.

So it happened that while the elder ladies talked of old times and compared experiences, Captain Anstruther and Margery were thrown a good deal together, apparently much to the satisfaction of the young soldier, who had of late been almost banished from female society of a civilized sort.

Margery was, as usual, perfectly unaffected. She did all in her power to promote the comfort and happiness of her mother's guests, and, as the elder people preferred the warmer atmosphere of home during the wintry days, Captain Anstruther and she were companions perforce in walks and rides, Margery being an accomplished horsewoman.

The girl never looked better than when enjoying her favourite exercise, which set her bright face all aglow with colour—the one thing it sometimes lacked to make it deserve the word "beautiful."

It seemed to have abundant attraction for her companion, and for the first time Margery listened to certain delicate compliments, and accepted from the handsome soldier more pointed attentions than she had ever before received without manifest shrinking and distaste.

The mothers noted the growing liking for each other's society in the young people, and smiled approval. Mrs. Austin knew that Margery would be a great heiress, whilst the young soldier was comparatively poor; but wealth was not all, and if her darling should find this brave officer and good son the man of all the world to fill the highest place in her affections, there would be enough for both.