"Sir Sidney Delaware acknowledges the receipt of Lord Ashborough's letter, formally declining to accept the offer he made to redeem the annuity chargeable upon the estate of Emberton. The motives, excuses, or apologies--whichever Lord Ashborough chooses to designate the sentences that conclude his letter--were totally unnecessary, as Sir Sidney Delaware was too well acquainted with Lord Ashborough, in days of old, not to appreciate fully the principles on which he acts at present.

"Emberton Park, 1st September, 18--."

"Infamous! brutal! heinous!" cried Mr. Tims. "What does your lordship intend to do? I hope you will, without scruple, punish this man as he deserves. I trust that, for his own sake, you will make him feel that such ungrateful and malignant letters as that, are not to be written with impunity--ungrateful I may well call them! for what cause could your lordship have to write to him at all except to soften the disappointment you conceived he would feel?"

"You say very true, Mr. Tims," replied Lord Ashborough, with a benign smile. "You say very true, indeed; and I do think myself, in justice to society, bound to correct such insolence, though, perhaps, I may not be inclined to carry the chastisement quite so far as yourself."

"Nothing could be too severe for such a man!" cried Mr. Tims, resolved to give his lordship space enough to manœuvre in. "Nothing could be too severe!"

"Nay, nay, that is saying too much," said Lord Ashborough. "We will neither hang him, Mr. Tims, nor burn him in the hand, if you please," and he smiled again at his own moderation.

"A small touch of imprisonment, however, would do him a world of good," said Mr. Tims, feeling his ground--Lord Ashborough smiled benignly a third time. "But the mischief is," continued the lawyer, "he pays the annuity so regularly that it would be difficult to catch him."

"That is the reason why I say we have done wrong in refusing to allow the redemption," rejoined the peer. "Do you not think, Mr. Tims, some accident might occur to stop the money which he was about to borrow for the purpose of redeeming and if we could but get him to give bills payable at a certain day, we might have him arrested, in default?"

The lawyer shook his head. "I am afraid, my lord, if you had permitted the redemption, the money would have been ready to the minute," he said. "My uncle, I hear, was to have raised it for him; and, as he was to have had a good commission, it would have been prepared to the tick of the clock."

"And was your uncle to have lent the money himself, sir?" demanded Lord Ashborough, with a mysterious smile of scorn. "Did your uncle propose to give the money out of his own strongbox?"