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and caste, began to catch the enthusiasm of a new land where precedent and rule and caste are something of a handicap.

"We must buy a home," she said to Irene. "We cannot afford to continue living at an hotel, and we must have our own home. You must look up a responsible dealer whose advice we can trust in a matter of this kind."

And was it remarkable that Irene Hardy should think at once of the firm of Conward & Elden? It was not. She had, indeed, been thinking of a member of that firm ever since the decision to move to the West. She had felt a peculiar hesitation about enquiring openly for Dave Elden, but, upon meeting a newspaper woman in the person of Miss Morrison she had voiced the great question with an apparent unconcern which did not in the slightest mislead the acute Roberta. It is the business of newspaper people to know things and people, and it seemed to Irene that she could ask such a question of Miss Morrison in a sort of professional way. But she had not been prepared for the reply.

The fact is Irene had not been at all sure that she wanted to marry Dave Elden. She wanted very much to meet him again; she was curious to know how the years had fared with him, and her curiosity was not unmixed with a finer sentiment; but she was not at all sure that she should marry him. She had tried to picture him in the eye of her imagination; she was sure he had acquired a modest education; he had probably been reasonably successful in business, either as an employee, or, in a small way, on his own account. She was moderately sure of all this; but there were pessimistic moods in which she saw him slipping back into the indifference of his old life soon after the inspiration of her presence had been withdrawn; perhaps still living with his bibulous father on the ranch in the foothills, or perhaps following the profession of cow puncher, held in such contempt by her mother. And in such moods she was sorry, but she knew she could never, never marry him.

"What, Dave Elden, the millionaire?" Bert Morrison had said. "Everybody knows him." And then the newspaper woman had gone on to tell what a figure Dave was in the business life of the city, and to declare that he might be equally prominent in the social life, did his fancies lead him in that direction. "One of our biggest young men," Bert Morrison had said. "Reserved, a little; likes his own company best; but absolutely white."

That gave a new turn to the situation. Irene had always wanted Dave to be a success; suddenly she doubted whether she had wanted him to be so big a success. And with that doubt came another and more disturbing one, which, if it had ever before crossed her mind, had found no harbourage there. She had doubted whether she should wish to marry Dave; she had never allowed herself to doubt that Dave would wish to marry her. Secretly, she had expected to rather dazzle him with her ten years' development—with the culture and knowledge which study and travel and life had added to the charm of her young girlhood; and suddenly she realized that her lustre would shine but dimly in the greater glory of his own.… She became conscious of a very great desire to renew with Dave the intimacy of her girlhood.

It was easy to locate the office of Conward & Elden; it stood on a principal corner of a principal street, and the name was blazoned to the wayfarer in great gilt letters. Thence she led her mother, and found herself treading on the marble floors of the richly appointed waiting room in a secret excitement which she could with difficulty conceal. She was, indeed, very uncertain about the next development.… Her mother had to be reckoned with.

A young man asked courteously what could be done for them. "We want to see the head of the firm," said Mrs. Hardy. "We want to buy a house." It occurred to Irene that in some respects her mother was extremely artless, but the issue was for the moment postponed.

They were shown into Conward's office. Time had been when they would have seen no further than a head salesman; but times were changing, and real estate dealers were losing the hauteur of the days of their great success. Conward gave them the welcome of a man who expects to make money out of his visitors. He placed a very comfortable chair for Mrs. Hardy; he adjusted the blinds to a nicety; he discarded his cigarette and beamed upon them with as great a show of cordiality as his somewhat beefy appearance would permit. The years had not been over kind to Conward's person. His natural tendency to corpulence had been abetted by excessive eating; his face was red and flabby, his lips had no more colour than his face; and nature, in deciding to deprive him of a portion of his hair, had very unkindly elected to take it in patches, giving his head a sort of pinto effect. These imperfections were quickly appraised by Irene, but his manner appealed to Mrs. Hardy, who outlined her life history with considerable detail, dwelling more than once upon the perfections of the late Dr. Hardy—which perfections she now showed a disposition to magnify, as implying a certain distinction unto herself—and ended with the confession that the West was not as bad as she had feared, and anyway it was a case of living here or dying elsewhere, so she would have to make the best of it. And here they were. And might they see a house?

Conward appeared to be reflecting. As a matter of fact, he saw in this inexperienced buyer an opportunity to reduce his holdings in anticipation of the impending crash. His difficulty was that he had no key to the financial resources of his visitors. They had lived in good circumstances; they were the family of a successful professional man, but, as Conward well knew, many successful professional men had a manner of living that galloped hard on the heels of their income. The only thing was to throw out a feeler.

"You are wanting a nice home, I take it, that can be bought at a favourable price for cash. You would consider an investment of say——."

He paused, and Mrs. Hardy supplied the information for which he was waiting. "About twenty-five thousand dollars," she said.

"We can hardly invest that much," Irene interrupted, in a whisper. "We must have something to live on."

"People here live on the profits of their investments, do they not, Mr. Conward?" Mrs. Hardy inquired. "I have been told that that is the way they live, and they seem to live very well indeed."

"Oh, certainly," Conward agreed, and he plunged into a mass of incidents to show how profitable investments had been to other clients of the firm. He emphasized particularly the desirability of buying improved property—preferably residential property—and suddenly recalled that he had something very choice in which they might be interested. At this juncture Conward's mood of deliberation gave way to one of briskness; he summoned a car, and in a few minutes his clients were looking over the property which he had recommended. Mrs. Hardy, who, during her husband's lifetime had never found it necessary to bear financial responsibilities or make business decisions, was an amateurish buyer, her tendency being alternately to excess of caution on one side and recklessness on the other. Conward's manner pleased her; the house he showed pleased her, and she was eager to have it over with. But he was too shrewd to appear to encourage a hasty decision. He realized at once that he had sold Mrs. Hardy, but Irene was a customer calling for more tactful handling. Conward's eye had not failed to appraise the charm of the young woman's appearance. He would gladly have ingratiated himself with her, but he was conscious of a force in her personality that held him aloof. And that consciousness made him desire the more to gain her confidence.… However, this was a business transaction. He did not seize upon Mrs. Hardy's remark that the house seemed perfectly satisfactory; on the contrary, he insisted on showing other houses, which he quoted at such impossible figures that presently the old lady was in a feverish haste to make a deposit lest some other buyer should forestall her.

Back in Conward's office, while the agreement was being drawn, Irene was possessed of a consuming desire to consult with Dave Elden. She was uneasy about this transaction in which her mother proposed so precipitately to invest the greater part of their little fortune. But the more she thought over the situation the more its difficulties became apparent. She had no personal knowledge or experience which could be summoned for such an occasion. She would like to have asked Dave's advice; instinctively she distrusted Conward. Yet, … Conward was Dave's partner. It was impossible to attribute honest motives to one half of the firm and deny them to the other. And it was unreasonable to expect that Dave's advice would conflict with Conward's. And, in the event that an issue did arise between the two partners, it was quite certain that her mother would side with Conward. Meanwhile the agreement neared completion, and Mrs. Hardy had produced her cheque book.

Irene's excitement at length reached the point where she could no longer remain silent. "I think I would hesitate, mother," she cried. "If you buy this house we will have only a few thousand dollars left. I am not thinking of myself. Your health may demand other expenditures——"

"My health was never better," Mrs. Hardy interrupted. "And I'm not going to miss a chance like this, health or no health. You have heard Mr. Conward tell how many people have grown wealthy buying property and selling it again. And I will sell it again—when I get my price," she ended, with a finality that suggested that large profits were already assured.

"It is as your mother says," Conward interjected. "There are many rapid increases in value. I would not be surprised if you should be offered an advance of ten thousand dollars on this place before Fall. It is really a very exceptional investment."

"There must be an end somewhere," Irene murmured, rather weakly. But her mother was writing a cheque. "I shall give you five thousand dollars now," she said, "and the balance when you give me the deed, or whatever it is. That is the proper way, isn't it?"

"Well, it's done," said Irene, with an uneasy laugh, which her excitement pitched a little higher than she had intended.

In an adjoining room Dave Elden heard that laugh, and it stirred some remembrance in him. Instantly he connected it with Irene Hardy. The truth was Irene Hardy had been in the background of his mind during every waking hour since Bert Morrison had dropped her bombshell upon him. How effectively she had dropped it! What a hit she had scored! Dave had ricochetted ever since between amusement and chagrin at her generalship. She had deliberately created for him opportunities—a whole evening full of them—to confess about Irene Hardy, and when he had refused to admit that he had anything to confess she had confounded him with an incident that admitted no explanation. For a moment he had stood speechless, overcome with the significance of what she had said; the next, he reached out to detain her, but she was already on the stairs of her apartment and waving him a laughing good-night. And now that voice—

Dave had no plan. He simply walked into Conward's office. His eye took in the little group, and the mind behind caught something of its portent. Irene's beauty! What a quickening of the pulses was his as he

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