Lady Margaret, who chanced to be the first arrival on the night of the dinner party in David Thain's honour, contemplated her sister admiringly. Letitia was wearing a gown of ivory satin, a form of attire which seemed always to bring with it almost startling reminiscences of her Italian ancestry.
"So glad to find you alone, Letty," she remarked, as she sank into the most comfortable of the easy chairs. "There's something I've been wanting to ask you for weeks. Bob put it into my head again this afternoon."
"What is it, dear?" Letitia enquired.
"Why don't you marry Charlie Grantham?" her sister demanded abruptly.
"There are so many reasons. First of all, he hasn't really ever asked me."
"You're simply indolent," Lady Margaret persisted. "He'd ask you in five minutes if you'd let him. Do you suppose Bob would ever have thought of marrying me, if I hadn't put the idea into his head?"
"You're so much cleverer than I," Letitia sighed.
"Not in the least," was the prompt disclaimer. "I really doubt whether I have your brains, and I certainly haven't your taste. The only thing that I have, and always had, is common sense, common sense enough to see that girls in our position in life must marry, and the sooner the better."
"Why only our class of life?"
"Don't be silly! It's perfectly obvious, isn't it, that the daughters of the middle classes are having the time of their lives. They are all earning money. Amongst them it has become quite the vogue to take situations as secretaries or milliners or that sort of thing, and it simply doesn't matter whether they marry or not. They get all the fun they want out of life."
"It sounds quite attractive," Letitia admitted. "I think I shall take a course in typewriting and shorthand."
"You won't," Margaret rejoined. "You know perfectly well that that is one of the things we can never do. You've got to marry first. Then you can branch out in life in any direction you choose—art, travel, amours, or millinery. You can help yourself with both hands."
"Which have you chosen, Meg?"
"Oh, I am an exception!" Margaret confessed. "You see, Bob is such fun, and I've never got over the joke of marrying him. Besides, I haven't any craving for things at all. I am not temperamental like you. Where's father?"
"Just back from the country. He'll be here in time, though."
"And who's dining?"
"Charlie, for one," Letitia replied, "Aunt Caroline, of course, and Uncle, Mrs. Honeywell, and the American person. The party was got up on his account, so I expect father wants to borrow money from him."
"He doesn't look an easy lender," Lady Margaret remarked.
"There's no one proof against father," Letitia declared. "He is too exquisitely and transparently dishonest. You know, there's a man's story about the clubs that he once borrowed money from Lewis at five per cent. interest."
Margaret remained in a serious frame of mind.
"Something will have to be done," she sighed. "Robert went down and looked at the mortgages, the other day. He says they are simply appalling, there isn't an acre missed out. It's quite on the cards, you know, Letty, that Mandeleys may have to go."
Letitia made a little grimace.
"I am getting perfectly callous," she confided. "If it did, this house would probably follow, father would realise everything he could lay his hands upon and become the autocrat of some French watering place, and I should cease to be the honest but impecunious daughter of a wicked nobleman, and enjoy the liberty of the middle-class young women you were telling me about. It wouldn't be so bad!"
"Or marry—" Margaret began.
"Mr. David Thain," the butler announced.
The juxtaposition of words perhaps incited in Letitia a greater interest as she turned away from her sister to welcome the first of her guests. He had to cross a considerable space of the drawing-room, with its old-fashioned conglomeration of furniture untouched and unrenovated for the last two generations, but he showed not the slightest sign of awkwardness or self-consciousness in any form. He was slight and none too powerfully built, but his body was singularly erect, and he moved with the alert dignity of a man in perfect health and used to gymnastic training. His clean-shaven face disclosed nervous lines which his manner contradicted. His mouth was unexpectedly hard, his deep-set grey eyes steel-like, almost brilliant. These things made for a strength which had in it, however, nothing of the uncouth. The only singularity about his face and manner, as he took his hostess' fingers, was the absence of any smile of greeting upon his lips.
"I am afraid that I am a little early," he apologised.
"We are all the more grateful to you," Lady Margaret assured him. "Letitia and I always bore one another terribly. A married sister, you know, feels rather like the cuckoo returning to the discarded nest."
"One hates other people's liberty so much," Letitia sighed.
"I should have thought liberty was a state very easy to acquire," David Thain observed didactically.
"That is because you come from a land where all the women are clever and the men tolerant," Letitia replied. "Where is that husband of yours, Margaret?"
"I am ashamed to say," her sister confessed, "that he stayed down in the morning room while Gossett fetched him a glass of sherry. Look at him now," she added, as Sir Robert entered the room unannounced and came smiling towards them. "How can I have any faith in a husband like that. Doesn't he look as though the only thing that could trouble him in life was that he hadn't been able to get here a few minutes earlier!"
"Given away, eh?" the newcomer groaned, as he kissed Letitia's fingers. "How are you, Mr. Thain? Your country is entirely to blame for my habits. I got so into the habit of drinking cocktails while I was over there that I really prefer my aperitif to my wine at dinner."
Sir Robert, who had discovered within the last few days exactly where Mr. David Thain stood amongst the list of American multi-millionaires, drew this very distinguished person a little on one side to ask about a railway. Then the Marquis made his appearance, and immediately afterwards the remaining guests. David Thain, of whom many of the morning papers, during the last few days, had found something to say, found himself almost insinuated into the position of favoured guest. He took Mrs. Honeywell—a dark and rather tired-looking lady—in to dinner, but he sat at Letitia's left hand, and she gave him a good deal of her attention.
"You know everybody, don't you, Mr. Thain?" she asked him, soon after they had taken their places.
"Except the gentleman on your right," he answered.
She leaned towards him confidentially.
"His name," she whispered, "is Lord Charles Grantham. He is the son of the Duke of Leicester, who is, between ourselves, almost as wicked a duke as my father is a marquis. Fortunately, however, his mother left him a fortune. Do you notice how thoughtful he looks?"
David Thain glanced across the table at the young man in question, who was exchanging rather weary monosyllables with his right-hand neighbour.
"He is perhaps overworked?"
Letitia shook her head.
"Not at all. He cannot make up his mind whether or not he wants to marry me."
"And can you make up your mind whether you wish to marry him?"
Letitia lost for a moment her air of gentle banter.
"What a downright question!" she observed. "However, I can't tell you before I answer him, can I, and he hasn't asked me yet."
"I should think," David Thain said coolly, "that you would make an excellent match."
Their eyes met for a moment. There was a challenging light in hers to which he instantly responded. Her very beautiful white teeth closed for a moment upon her lower lip. Then she smiled upon him once more.
"It is so reassuring," she murmured, "to be told things like that by people who are likely to know. Charles, talk to me at once," she went on, turning towards him. "Mr. Thain and I agree far too perfectly upon everything."
Thain was deep in conversation with his neighbour before Lord Charles was able to disentangle himself from the conversational artifices of the Duchess. Letitia took note of his aptness with a little, malicious smile. It was towards the close of dinner when she once more turned towards him.
"Have you been telling Mrs. Honeywell how you made all your millions?" she asked.
"I have been trying to point out," he replied, "that the first million is all one has to make. The rest comes."
"What a delightful country!" Letitia observed. "If I were to borrow from all my friends and collected a million, do you think I could go out there and become a multi-millionaire?"
"Women are not natural money-makers," he pronounced.
"What is her real sphere?" she asked sweetly. "I should so much like to know your opinion of us."
"As yet," he replied, "I have had no time to form one."
"What a pity!" she sighed. "It would have been so instructive."
"In the small amenities of daily life," he said thoughtfully, "in what one of our writers calls the insignificant arts, women seem inevitably to excel. They always appear to do better, in fact, in the narrower circles. Directly they step outside, a certain lack of breadth becomes noticeable."
"Dear me!" she murmured. "It's a good thing I'm not one of these modern ladies who stand on a tub in Hyde Park and thump the drum for votes. I should be saying quite disagreeable things to you, Mr. Thain, shouldn't I?"
"You couldn't be one of those, if you tried," he replied. "You see, if I may be permitted to say so, nature has endowed you with rather a rare gift so far as your sex is concerned."
"Don't be over-diffident," she begged. "I may know it, mayn't I?"
"A sense of humour."
"When a man tells a woman that she has a sense of humour," Letitia declared, "it is a sure sign that he—"
She suddenly realised how intensely observant those steely grey eyes could be. She broke off in her sentence. They still held her, however.
"That he what?"
"Such a bad habit of mine," she confided frankly. "I so often begin a sentence and have no idea how to finish it. Ada," she went on, addressing Mrs. Honeywell, "has Mr. Thain taught you how to become a millionairess?"
"I haven't even tried to learn," that lady replied. "He has promised me a subscription to my Cripples' Guild, though."
"What extraordinary bad taste," Letitia remarked, "to cadge from him at dinner time!"
"If your father weren't within hearing," Mrs. Honeywell retorted, "I'd let you know what I think of you as a hostess! Why are we all so frightened of your father, Letitia? Look at him now. He is the most picturesque and kindly object you can imagine, yet I find myself always choosing my phrases, and slipping into a sort of pre-Victorian English, when I fancy that he is listening."
"I see him more from the family point of view, I suppose," Letitia observed, "and yet, in a way, he is rather a wonderful person. For instance, I have never seen him hurry, I have never seen him angry, in the ordinary sense of the word; in fact he has the most amazing complacency I ever knew. Of course, Aunt Caroline," she went on, turning to the Duchess a few moments later, "if you want to stay with the men, pray do so. If not, you might take into account the fact that I have been trying to catch your eye for the last three minutes."
Thain drew up nearer to his host after the women had withdrawn, and found himself next Sir Robert, who talked railways with eloquence and some understanding. Lord Charles was frankly bored, and bestowed his whole attention upon the port. The Marquis discussed a recent land bill with his brother-in-law, but in a very few moments gave the signal to rise. He attached himself at once to David Thain.
"You play bridge?" he asked.
"Never if I can avoid it," was the frank reply.
"Then you and I will entertain one another," his host suggested.
The Marquis's idea of entertainment was to install his guest in a comfortable chair in a small den at the back of the house, which he kept for his absolutely private use, and to broach the subject which had led to David's welcome at Grosvenor Square.
"Let me ask you," he began, "have you seen anything more of this man Vont?"
"Nothing."
The Marquis looked ruminatively at the cedar spill with which he had just lit his cigarette.
"I am almost certain," he said, "that I saw him on the platform at Raynham—the nearest station to Mandeleys—yesterday. He seemed marvellously little altered."
"He has probably taken up his abode down there, then," David observed.
The Marquis's face darkened. He brushed the subject aside.
"There is a matter concerning which I wish to speak to you, Mr. Thain," he said. "You are one of the fortunate ones of the earth, who have attained, by your own efforts, I believe, an immense prosperity."
David listened in silence, watching the ash at the end of his cigar.
"Your money, my son-in-law, Sir Robert, tells me," the Marquis continued, "has been made in brilliant and sagacious speculation. There have no doubt been others who have followed in your footsteps, and, in a humbler way, have shared your success."
David had developed a rare gift of silence. He smoked steadily, and his expression was remarkably stolid.
"I find myself in need of a sum," the Marquis proceeded, with the air of a man introducing a business proposition, "of two hundred and twenty thousand pounds—there or thereabouts."
There was a momentary gleam of interest in David's eyes, gone, however, almost as soon as it had appeared. For the first time he made a remark.
"Over a million dollars, eh?"
The Marquis inclined his head.
"My position," he continued, "naturally precludes me from making use of any of the ordinary methods by means of which men amass wealth. I have at various times, however, made small but not entirely unsuccessful speculations—upon the Stock Exchange. The position in which I now find myself demands something upon a larger scale."
"What capital," David Thain enquired, "can you handle?"
The Marquis stroked his chin thoughtfully. He was aware of a pocketbook a shade fuller than usual, of three overdrawn banking accounts, and his recent interview with his lawyers.
"Capital," he repeated. "Ah! I suppose capital is necessary."
"In any gambling transaction, you always have to take into account the possibility," David reminded him, "that you might lose."
"Precisely," the Marquis assented, selecting another cigarette, "but that is not the class of speculation I am looking for. I am anxious to discover an enterprise, either by means of my own insight into such matters, which is not inconsiderable, or the good offices of a friend, in which the chances of loss do not exist."
David was a little staggered. He contemplated his host curiously.
"Such speculations," he said at last, "are difficult to find."
"Not to a man of your ability, I am sure, Mr. Thain," the Marquis asserted.
"Do I gather that you wish for my advice?"
The Marquis inclined his head.
"That," he intimated, "was my object."
David smoked steadily, and his host contemplated him with a certain artistic satisfaction. He had been something of a sculptor in his youth, and he saw possibilities in the shape and pose of the great financier.
"The long and short of it is," David said at last, "that you want to make a million dollars, without any trouble, and without any chance of loss. There are a good many others, Marquis."
"But they have not all the privilege," was the graceful rejoinder, "of knowing personally a Goliath of finance. You will pardon the allegory. I take it from this morning's Daily Express."
"In my career," David continued, after a moment's pause, "you would perhaps be surprised to hear that I have done very little speculating. I have made great purchases of railways, and land through which railways must run, because I knew my job and because I had insight. The time for that is past now. To make money rapidly one must, as you yourself have already decided, speculate. I can tell you of a speculation in which I have myself indulged, but I do not for a moment pretend that it is a certainty. It was good enough for me to put in two million dollars, and if what I believe happens, my two millions will be forty millions. But there is no certainty."
The Marquis fidgeted in his chair.
"By what means," he asked tentatively, "could I interest myself in this undertaking?"
"By the purchase of shares," was the prompt reply.
The Marquis considered the point. The matter of purchasing anything presented fundamental difficulties to him!
"Tell me about these shares?" he invited. "What is the nature of the undertaking?"
"Oil."
The Marquis grew a little more sanguine. There was an element of fantasy about oil shares. Perhaps they could be bought on paper.
"Large fortunes have been made in oil," he said. "Personally, I am a believer in oil. Where are the wells?"
"In Arizona."
"An excellent locality," the Marquis continued approvingly. "What is the present price of the shares?"
"They are dollar shares," David replied, "and their present price is par. You may find them quoted in some financial papers, but as practically the entire holding is in my possession, the market for them is limited."
"Precisely," the Marquis murmured. "To come to business, Mr. Thain, are you disposed to part with any?"
David appeared to consider the matter.
"Well, I don't know," he said, "I've made something like twenty million dollars out of my railways, and I have about reached that point when speculations cease to attract."
The Marquis held on to the sides of his chair and struggled against the feeling almost of reverence which he feared might be reflected in his countenance.
"A very desirable sum of money, Mr. Thain," he conceded.
"It's enough for me," David acknowledged. "There are two million shares in the Pluto Oil Company, practically the whole of which stand in my name. If the calculations which the most experienced oil men in the States have worked out materialise, those shares will be worth ten million dollars in four months' time. Let me see," he went on, "two hundred and thirty thousand pounds is, roughly speaking, one million, one hundred and fifty thousand dollars. You can have two hundred thousand of my shares, if you like, at a dollar."
"This is exceedingly kind of you," the Marquis declared. "Let me see," he reflected, "two hundred thousand dollars would be—"
"A matter of forty thousand pounds."
"I see!" the Marquis ruminated. "Forty thousand pounds!"
"You are not, I am sure, a business man," his guest continued, "so you will pardon my reminding you that you can easily obtain an advance from your bankers upon the title deeds of property, or a short mortgage would produce the amount."
"A mortgage," the Marquis repeated, as though the idea were a new one to him. "Ah, yes! I must confess, though, that I have the strongest possible objection to mortgages, if they can in any way be dispensed with."
"I suppose that is how you large English landowners generally feel," David remarked tolerantly. "If you would prefer it, I will take your note of hand for the amount of the shares, payable, say, in three months' time."
The Marquis upset the box of cigarettes which he was handling. He was not as a rule a clumsy person, but he felt strongly the need of some extraneous incident. He stood on the hearthrug whilst the servant whom he summoned collected the cigarettes and replaced them in the box. As soon as the door was closed, he turned to his guest.
"Your offer, Mr. Thain," he said, "is a most kindly one. It simplifies the whole matter exceedingly."
"You had better make the usual enquiries concerning the property," the latter advised. "I am afraid you will find it a little difficult over on this side to get exact information, but if you have any friends who understand oil prospecting—"
The Marquis held out his hand.
"It is not an occasion upon which a further opinion is necessary," he declared. "I approve of the locality of the property, and the fact that you yourself are largely interested is sufficient for me."
"Then any time you like to meet me at your lawyer's," David suggested, "I'll hand over the shares and you can sign a note of hand for the amount."
The Marquis considered the matter for a moment, thoughtfully. There was something about the idea of letting Mr. Wadham see him sign a promissory note for forty thousand pounds which occurred to him as somewhat precarious.
"Perhaps you have legal connections of your own here," he ventured. "To tell you the truth, I have been obliged to speak my mind in a very plain manner to my own solicitors. I consider that they mismanaged the Vont case most shamefully. I would really prefer to keep away from them for a time."
David nodded.
"I have a letter to some lawyers, at my rooms," he said. "I will send you their address, and we can make an appointment to meet at their office."
The Marquis assented gravely. He considered that the matter was now better dismissed from further discussion.
"I have no doubt," he said, "that my sister would like to talk to you for a time. Shall we join the ladies?"
David threw away his cigar and professed his readiness. They crossed the hall and entered the drawing-room. There was one table of bridge, and Letitia was seated with her sister on a divan near the window. The former sighed as she watched the entrance of the two men.
"Do look at father, Meg," she whispered. "I am perfectly certain he has been borrowing money."
Margaret shrugged her shoulders.
"What if he has, my dear!" she rejoined. "These people can afford to pay for their entertainment. I think it's rather clever of him."
Letitia groaned.
"You have such ignoble ideas, Meg," she said reprovingly. "Now I know I shall have to make myself agreeable to Mr. Thain, and I either like him or dislike him immensely. I haven't the least idea which."
"I shouldn't be surprised," her sister whispered, as Thain approached, "if he didn't help you presently to make up your mind."