“No verbal engagements,” replied his son.

“Very well, Henry. Then do not make any.”

“But the engagement is implied, father.”

“No engagement is implied. All contracts to be such must come into oral or written expression. You may imply anything. Looking at a woman, or dancing with her, may be construed into a marriage contract under such a law. No, Henry, you are not engaged, and for the present, keep yourself free.”

The young man promised to do so, but continued his visits as usual.

A few months after his return from Europe, the “Eldorado” speculation took place, the facts of which, through the newspaper notoriety given to the fraud, became pretty well known in mercantile circles.

“Henry, you must give up that girl!” said old Mr. Pascal, positively. “Her father is going down hill as fast as he can go, and will not be worth a dollar in five years. Forty thousand dollars swept away in a single mad speculation! When a man begins to deal in imaginary western cities, at such a rate, his case is hopeless.”

Henry made no reply. The idea of connecting himself in marriage with the family of a ruined merchant, was by no means pleasant, but he had become really attached to Eveline, and the thought of giving her up disturbed him. As before, he continued his attentions, determined to await the issue of events, and act with decision when circumstances sufficiently strong to prompt to decided action should occur.

How utterly unconscious, all this time, was the happy-hearted maiden, of the near approach of circumstances that threatened to destroy her peace. Her lover came and went as before, and seemed to be the same. He was her companion in public places, and sat by her side in private circles. But still, and she often wondered at it, he never spoke of marriage.

Thus progressed events, with the merchant and his family, toward a great crisis.