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This, of course, was mere crude insolence to the titled philanthropic white-beard. But it was by no means the worst of Denry's behaviour. The group every member of the group distinctly perceived a movement of Denry's left hand towards Sir Jee. It was the very slightest movement, a wavering, a nothing. It would have had no significance whatever, but for one fact.

The intimate ecstasy of the supper-dance had never been repeated. Denry's exceeding industry in carving out his career, and his desire to graduate as an accomplished clubman, had prevented him from giving to his heart that attention which it deserved, having regard to his tender years. "Yes, it is, isn't it?" said Denry.

In daring to make over a hundred pounds a week out of a ramshackle old lifeboat that Cregeen had sold to him for thirty-five pounds, Denry was outraging Cregeen's moral code. Cregeen had paid thirty-five pounds for the Fleetwinz, a craft immeasurably superior to Denry's nameless tub. And was Cregeen making a hundred pounds a week out of it? Not a hundred shillings!

Thus, after paying ten shillings to Denry, the working-man could spend a pound in Denry's chosen shops, and Denry would settle with the shops at once, while collecting the balance weekly at the working-man's door. But this privilege of anticipation was to be forfeited or postponed if the working-man's earlier payments were irregular.

The excellence of Denry's cigar also helped. It atoned for the breadth of his accent. He said to himself: "I'll have a bit of a chat with this johnny." And then he said aloud: "Not a bad train this!" "No!" the eyeglass agreed languidly. "Pity they give you such a beastly dinner!" And Denry agreed hastily that it was.

At the end of the dinner Councillor Rhys-Jones produced a sensation by rising to propose the health of their host. He referred to the superb heroism of England's lifeboatmen, and in the name of the Institution thanked Denry for the fifty-three pounds which Denry's public had contributed to the funds. He said it was a noble contribution and that Denry was a philanthropist.

The situation was terribly strained, past all Denry's previous conceptions of a strained situation; but she deviated with superlative sang-froid into frothy small talk. A proud and an unconquerable woman! After all, what were men for, if not to pay? "I think I shall go home to-night," she said, after the excursion into prattle. "I'm sorry," said Denry. He was not coming out of his castle.

And all the town knew that the unique Denry had thought of the idea of returning home to his mother with a hat-box crammed with sovereigns. This was Denry's "latest," and it employed the conversation of the borough for I don't know how long.

When the tide was strong and adverse, male passengers were allowed to pull, without extra charge, though naturally they would give a trifle to this or that member of the professional crew. Denry's arrangement with the photographer was so simple that a child could have grasped it. The photographer paid him sixpence on every photograph sold. This was Denry's only connection with the photographer.

Mr Myson's choice threw a rose-light on all Denry's career: his wealth and its origin; his house and stable, which were the astonishment and the admiration of the town; his Universal Thrift Club; yea, and his councillorship! After all, these were marvels. In fine, he perceived from Mr Myson's eyes that his position was unique.