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Updated: June 18, 2025


He did not see Miss Wildmere frowning with vexation and envy, or Arnault's complacent observance. With sternly compressed lips and steady eye he watched Madge, that, whatever emergency occurred, he might do all that was possible. The young girl herself was a presence not soon to be forgotten.

Later in the evening, Graydon not returning, the thought occurred to Arnault, "Perhaps he too has recognized the sharp game she has played perhaps Henry Muir has said to him, 'She has been putting you off to see the result of the sudden calling in of Arnault's loan, and now young Muir proposes to console himself with that handsome Miss Alden;" and a gleam of pleasure at the prospect illumined his face for a moment.

Miss Wildmere appeared in one of her most brilliant moods that evening. There was a dash of excitement, almost recklessness, in her gray eyes. She and Mr. Arnault had been deputed to lead the German, but she took Graydon out so often as to produce in Mr. Arnault's eyes an expression which the observant Mr. Wildmere did not like at all.

Wildmere saw that his daughter was in truth pursuing a difficult policy. The angry light in Arnault's eyes and the grave expression on Graydon's face proved how fraught with peril it was to his hopes. Neither of her suitors liked Stella's manner that evening, for it suggested traits which promised ill for the future. Graydon, who understood her the less, was the more lenient judge.

In the midsummer dullness and holiday stagnation the impending operation in the Catskills was the only one that promised anything whatever. He became more fully satisfied that Arnault's firm was prospering. They had been persistent "bears" on a market that had long been declining, and had reaped a golden harvest from the miseries of others.

As they went up the steps, Arnault, with a pale, stern face, and looking neither to the right nor to the left, passed them and strode away. Mr. Arnault's manner as he passed struck both Graydon and Madge as indicating strong feeling and stern purpose. In order to account for his action, it is necessary to go back in our history for a short period.

It was the suddenness of Arnault's demand that worried me on Saturday, too, you know. He had about the same as said that I might have the money as long as I wanted it, and I should not have needed it much longer. In ordinary times I wouldn't have given it a thought. "You can help me more up here. It's growing warm, and Jack isn't improving as I would like.

Thank Heaven that is past forever! Now I am doubting and misjudging the woman I have asked to be my wife. I must be misjudging her the alternative is horrible. I can't escape one conviction, however. It is turning out just as I expected and told her it would. Arnault's aid to her father has been delusive, and Wildmere is deeper in the mire than ever. This is a fine ending of my social career!

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