There were two letters.

One was from the bank at St. Launce’s, in which she had a small private deposit—probably something about interest. She put that in her pocket for a moment, and going indoors and upstairs to be safer from observation, tremblingly opened Stephen’s.

What was this he said to her?

She was to go to the St. Launce’s Bank and take a sum of money which they had received private advices to pay her.

The sum was two hundred pounds.

There was no check, order, or anything of the nature of guarantee. In fact the information amounted to this: the money was now in the St. Launce’s Bank, standing in her name.

She instantly opened the other letter. It contained a deposit-note from the bank for the sum of two hundred pounds which had that day been added to her account. Stephen’s information, then, was correct, and the transfer made.

“I have saved this in one year,” Stephen’s letter went on to say, “and what so proper as well as pleasant for me to do as to hand it over to you to keep for your use? I have plenty for myself, independently of this. Should you not be disposed to let it lie idle in the bank, get your father to invest it in your name on good security. It is a little present to you from your more than betrothed. He will, I think, Elfride, feel now that my pretensions to your hand are anything but the dream of a silly boy not worth rational consideration.”

With a natural delicacy, Elfride, in mentioning her father’s marriage, had refrained from all allusion to the pecuniary resources of the lady.

Leaving this matter-of-fact subject, he went on, somewhat after his boyish manner: