It was an odd impulse that had led him that night to the Gildermere ball; but the same change in his condition which made him stare wonderingly at the houses in the Fifth Avenue gave the thrill of an exploit to the tame business of ball-going. Who would have imagined, Woburn mused, that such a situation as his would possess the priceless quality of sharpening the blunt edge of habit? It was certainly curious to reflect, as he leaned against the doorway of Mrs. Gildermere's ball-room, enveloped in the warm atmosphere of the accustomed, that twenty-four hours later the people brushing by him with looks of friendly recognition would start at the thought of having seen him and slur over the recollection of having taken his hand! And the girl he had gone there to see: what would she think of him? He knew well enough that her trenchant classifications of life admitted no overlapping of good and evil, made no allowance for that incalculable interplay of motives that justifies the subtlest casuistry of compassion. Miss Talcott was too young to distinguish the intermediate tints of the moral spectrum; and her judgments were further simplified by a peculiar concreteness of mind. Her bringing-up had fostered this tendency and she was surrounded by people who focussed life in the same way. To the girls in Miss Talcott's set, the attentions of a clever man who had to work for his living had the zest of a forbidden pleasure; but to marry such a man would be as unpardonable as to have one's carriage seen at the door of a cheap dress-maker. Poverty might make a man fascinating; but a settled income was the best evidence of stability of character. If there were anything in heredity, how could a nice girl trust a man whose parents had been careless enough to leave him unprovided for? Neither Miss Talcott nor any of her friends could be charged with formulating these views; but they were implicit in the slope of every white shoulder and in the ripple of every yard of imported tulle dappling the foreground of Mrs. Gildermere's ball-room. The advantages of line and colour in veiling the crudities of a creed are obvious to emotional minds; and besides, Woburn was conscious that it was to the cheerful materialism of their parents that the young girls he admired owed that fine distinction of outline in which their skilfully-rippled hair and skilfully-hung draperies cooeperated with the slimness and erectness that came of participating in the most expensive sports, eating the most expensive food and breathing the most expensive air. Since the process which had produced them was so costly, how could they help being costly themselves? Woburn was too logical to expect to give no more for a piece of old Sevres than for a bit of kitchen crockery; he had no faith in wonderful bargains, and believed that one got in life just what one was willing to pay for. He had no mind to dispute the taste of those who preferred the rustic simplicity of the earthen crock; but his own fancy inclined to the piece of pate tendre which must be kept in a glass case and handled as delicately as a flower. It was not merely by the external grace of these drawing-room ornaments that Woburn's sensibilities were charmed. His imagination