"But you have not taken your degree, I think? We Etonians all considered you booked for a double first. Oh! we have been so proud of your fame—you carried off all the prizes."

"Not all; but some, certainly. Mr. Egerton offered me my choice—to stay for my degree, or to enter at once into the Foreign Office. I preferred the end to the means. For, after all, what good are academical honors but as the entrance to life? To enter now, is to save a step in a long way, Frank."

"Ah! you were always ambitious, and you will make a great figure, I am sure."

"Perhaps so—if I work for it. Knowledge is power!"

Leonard started.

"And you," resumed Randal, looking with some curious attention at his old school-fellow. "You never came to Oxford. I did hear you were going into the army."

"I am in the Guards," said Frank, trying hard not to look too conceited as he made that acknowledgment. "The Governor pished a little, and would rather I had come to live with him in the old Hall, and take to farming. Time enough for that—eh? By Jove, Randal, how pleasant a thing is life in London? Do you go to Almack's to-night?"

"No; Wednesday is a holiday in the House! There is a great parliamentary dinner at Mr. Egerton's. He is in the Cabinet now, you know; but you don't see much of your uncle, I think."

"Our sets are different," said the young gentleman, in a tone of voice worthy of Brummel. "All those parliamentary fellows are devilish dull. The rain's over. I don't know whether the Governor would like me to call at Grosvenor-square; but pray come and see me; here's my card to remind you; you must dine at our mess. Such nice fellows. What day will you fix?"

"I will call and let you know. Don't you find it rather expensive in the Guards? I remember that you thought the Governor, as you call him, used to chafe a little when you wrote for more pocket-money; and the only time I ever remember to have seen you with tears in your eyes, was when Mr. Hazeldean, in sending you £5, reminded you that his estates were not entailed—were at his own disposal, and they should never go to an extravagant spendthrift. It was not a pleasant threat, that, Frank."