Philosophers generally affirm that the only substance capable of producing a magnetic effect is steel; but had they been witnesses of the great attraction that the fortune of our fair heroine had for its many eager pursuers, they would doubtless have agreed with us that the metal possessing the greatest possible power of magnetism is decidedly—gold. Innumerable were the butterflies that were drawn towards the lustre of the lovely Georgiana’s money; and many a suitor, who set a high value upon his personal qualifications, might be found at her side endeavouring to persuade its pretty possessor of the eligible investment that might be made of the property in himself. Report, however, had invidiously declared that Georgiana looked with a cold and contemptuous eye upon the addresses of all save two.

Augustus Peacock and Julius Candy (this enviable duo) were two such young men as may be met with in herds any fine afternoon publishing their persons to the frequenters of Regent-street. They did credit to their tailors, who were liberal enough to give them credit in return. Their coats were guiltless of a wrinkle, their gloves immaculate in their chastity, and their boots resplendent in their brilliancy. Indeed they were human annuals—splendidly bound, handsomely embellished—but replete with nothing but fashionable frivolities. They never ventured out till such time as they imagined the streets were well-aired, and were never known to indulge in an Havannah till twelve o’clock P.M. They were scrupulous in their attentions to the Opera and the figurantes, and had no objection to wear the chains of matrimony provided the links were made of gold. In fine, they were of that common genus of gentlemen who lounge through life, and leave nothing behind them but a tombstone and a small six-shilling advertisement amongst the Deaths of some morning newspaper as a record of their having existed.

Such were the persons and the qualifications of the gentlemen to whom report had assigned the possession of the hand and fortune of the fair Georgiana Gray. But, happy as they respectively felt to be thus singled out for the proud distinction, still the knowledge of there being a rival in the field to dispute the glories of the conquest materially detracted from that feeling. They had each heard of the pretensions of the other; and while the peace of the one was repeatedly disturbed by the panegyrics of Mr. P., the harmony of the other met with an equal violation from the eulogies of Mr. C.; and although their respective vanities would not allow them to believe that the lady in question could be so deficient in taste as to prefer any other person to their precious selves, still it was but natural that they should neither look upon the other with any other feeling than that of disgust at the egregious impudence, and contempt for the superlative conceit, that could lead any other man to enter the lists as an opponent to themselves. Repeatedly had Mr. P. been heard to express his desire to lengthen the olfactory organ of Mr. C.; while the latter had frequently been known to declare that nothing would confer greater gratification upon him than to endorse with his cane the person of Mr. P. In fact, they hated each other with all possible cordiality. Fortunately, however, circumstances had never brought them into collision.

It was a lovely afternoon in May. All the world were returning to town. Georgiana Gray had just forsaken Harrowgate and its waters, to participate in the thickening gaieties of the metropolis. Augustus Peacock had abandoned the moors of Scotland for the beauties of Almack’s; and Julius Candy had hastened from the banks of the Wye for the fascinations of Taglioni and the Opera.

The first object of Augustus on returning to town was to hasten and pay his devoirs to his intended. With this intent he proceeded to the mansion of Georgiana, and was ushered into the drawing-room, with the assurance that the lady would be with him immediately. The servant, however, had no sooner quitted the apartment than Mr. Candy, actuated by a similar motive, knocked at the door, and was speedily conducted into the presence of his rival.

The two gentlemen, being mutually ignorant of the person of the other, bowed with all the formality usual to a first introduction.

“Fine day, sir,” said Augustus Peacock, after a short pause, little aware that he was holding communion with his rival.

“It is—very fine, sir,” returned Julius Candy with a smile, which, had he been conscious of the person he was addressing, would instantly have been converted into a most contemptuous sneer.

“Have you had the pleasure of seeing Miss Gray, sir, since her return from Harrowgate?” inquired Augustus, with the soft civility of a man of fashion.

“No,—I have not yet had that honour, sir; no,”—replied Julius, with a slight inclination of his body.