He was of gentle birth, and had a private income of three hundred pounds, charged upon the estate of a distant relative; his profession (the bar) could not be remunerative for years, and other prospects he had none. The misery of his situation lay in the fact that he was desperately in love with the daughter of people who looked upon him as little better than a pauper. The girl had pledged herself to him, but would not marry without her parents’ consent, of which there was no hope till he had at least trebled his means. His choice of a profession was absurd, dictated merely by social opinion; he should have been working hard in a commercial office, or at some open-air pursuit. Naturally he turned again to the thought of gambling, this time the great legalized game of hazard, wherein he was as little likely to prosper as among the blacklegs of Brussels. Rolfe liked him for his ingenuousness, and for the vein of poetry in his nature. The love affair still went on, but Morphew seldom alluded to it, and his seasoned friend thought of it as a youthful ailment which would pass and be forgotten.

‘I’m convinced,’ said the young man presently, ‘that any one who really gives his mind to it can speculate with moderate success. Look at the big men – the brokers and the company promoters, and so on; I’ve met some of them, and there’s nothing in them – nothing! Now, there’s Bennet Frothingham.1 You know him, I think?’

Rolfe nodded.

‘Well, what do you think of him? Isn’t he a very ordinary fellow? How has he got such a position? I’m told he began just in a small way – by chance. No doubt he found it so easy to make money he was surprised at his success. Tripcony has told me a lot about him. Why, the “Britannia” brings him fifteen thousand a year; and he must be in a score of other things.’

‘I know nothing about the figures,’ said Rolfe, ‘and I shouldn’t put much faith in Tripcony; but Frothingham, you may be sure, isn’t quite an ordinary man.’

‘Ah, well, of course there’s a certain knack – and then, experience—’

Morphew emptied his glass, and refilled it. Nearly all the tables in the room were now occupied, and the general hum of talk gave security to intimate dialogue. Flushed and bright-eyed, the young man presently leaned forward.

‘If I could count upon five hundred, she would take the step.’

‘Indeed?’

‘Yes, that’s settled. What do you think? Plenty of people live very well on less.’

‘You want my serious opinion?’

‘If you can be serious.’

‘Then I think that the educated man who marries on less than a thousand is either mad or a criminal.’

‘Bosh! We won’t talk about it.’

They rose, and walked towards the smoking-room, Rolfe giving a nod here and there as he passed acquaintances. In the hall some one addressed him.

‘How does Carnaby take this affair?’

‘What affair?’

‘Don’t you know? Their house has been robbed – stripped. It’s in the evening papers.’

Rolfe went on into the smoking-room, and read the report of his friend’s misfortune. The Carnabys occupied a house in Hamilton Terrace. During their absence from home last night, there had been a clean sweep of all such things of value as could easily be removed. The disappearance of their housekeeper, and the fact that this woman had contrived the absence of the servants from nine o’clock till midnight, left no mystery in the matter. The clubmen talked of it with amusement. Hard lines, to be sure, for Carnaby, and yet harder for his wife, who had lost no end of jewellery; but the thing was so neatly and completely done, one must needs laugh. One or two husbands who enjoyed the luxury of a housekeeper betrayed their uneasiness. A discussion arose on the characteristics of housekeepers in general, and spread over the vast subject of domestic management, not often debated at the Metropolitan Club. In general talk of this kind Rolfe never took part; smoking his pipe, he listened and laughed, and was at moments thoughtful. Cecil Morphew, rapidly consuming cigarettes as he lay back in a soft chair, pointed the moral of the story in favour of humble domesticity.

In half-an-hour, his guest having taken leave, Rolfe put on his overcoat, and stepped out into the cold, clammy November night. He was overtaken by a fellow Metropolitan – a grizzled, scraggy-throated, hollow-eyed man, who laid a tremulous hand upon his arm.

‘Excuse me, Mr Rolfe, have you seen Frothingham recently?’

‘Not for a month.’

‘Ah! I thought perhaps – I was wondering what he thought about the Colebrook smash. To tell you the truth, I’ve heard unpleasant rumours. Do you – should you think the Colebrook affair would affect the “Britannia” in any way?’

It was not the first time that this man had confided his doubts and timidities to Harvey Rolfe; he had a small, but to him important, interest in Bennet Frothingham’s wide-reaching affairs, and seemed to spend most of his time in eliciting opinion on the financier’s stability.

‘Wouldn’t you be much more comfortable,’ said Rolfe, rather bluntly, ‘if you had your money in some other kind of security?’

‘Ah, but, my dear sir, twelve and a half per cent. – twelve and a half! I hold preference shares of the original issue.’

‘Then I’m afraid you must take your chance.’

‘But,’ piped the other in alarm, ‘you don’t mean that—’

‘I mean nothing, and know nothing. I’m the last man to consult about such things.’

And Rolfe, with an abrupt ‘Goodnight’, beckoned to a passing hansom.