ide my pony?" inquired Robert. "Howard Spence?"

Mrs. Holt smiled.

"He isn't fat any longer, Robert. Indeed, he's quite good-looking. Since
his mother died, I had lost trace of him. But I found a photograph of
hers when I was clearing up my desk some months ago, and sent it to him,
and he came to thank me. I forgot to tell you that I invited him for a
fortnight any time he chose, and he has just written to ask if he may
come now. I regret to say that he's on the Stock Exchange--but I was
very fond of his mother. It doesn't seem to me quite a legitimate
business."

"Why!" exclaimed little Mrs. Joshua, unexpectedly, "I'm given to
understand that the Stock Exchange is quite aristocratic in these days."

"I'm afraid I am old-fashioned, my dear," said Mrs. Holt, rising. "It
has always seemed to me little better than a gambling place. Honora, if
you still wish to go to the Girls' Home, I have ordered the carriage in
a quarter of an hour."

CHAPTER VIII. A CHAPTER OF CONQUESTS

Honora's interest in the Institution was so lively, and she asked so
many questions and praised so highly the work with which the indiscreet
young women were occupied that Mrs. Holt patted her hand as they drove
homeward.

"My dear," she said, "I begin to wish I'd adopted you myself. Perhaps,
later on, we can find a husband for you, and you will marry and settle
down near us here at Silverdale, and then you can help me with the
work."

"Oh, Mrs. Holt," she replied, "I should so like to help you, I mean. And
it would be wonderful to live in such a place. And as for marriage, it
seems such a long way off that somehow I never think of it."

"Naturally," ejaculated Mrs. Holt, with approval, "a young girl of your
age should not. But, my dear, I am afraid you are destined to have many
admirers. If you had not been so well brought up, and were not naturally
so sensible, I should fear for you."

"Oh, Mrs. Holt!" exclaimed Honora, deprecatingly, and blushing very
prettily.

"Whatever else I am," said Mrs. Holt, vigorously, "I am not a flatterer.
I am telling you something for your own good--which you probably know
already."

Honora was discreetly silent. She thought of the proud and unsusceptible
George Hanbury, whom she had cast down from the tower of his sophomore
dignity with such apparent ease; and of certain gentlemen at home,
young and middle-aged, who had behaved foolishly during the Christmas
holidays.

At lunch both the Roberts