financial but moral, over men whose experience and knowledge were far greater than his. He was no City magnate, nor had he ever received any training in those arts and practices which go to the making of one. For his earlier life had been spent in a wilder country where the gambling was for life and not merely for gold. It was Scarlett Trent who sat there in thoughtful and absorbed silence. He was leaning a little back in a comfortably upholstered chair, with his eyes fixed on a certain empty spot upon the table. The few inches of polished mahogany seemed to him—empty of all significance in themselves—to be reflecting in some mysterious manner certain scenes in his life which were now very rarely brought back to him. The event of to-day he knew to be the culmination of a success as rapid as it had been surprising. He was a millionaire. This deal to-day, in which he had held his own against the shrewdest and most astute men of the great city, had more than doubled his already large fortune. A few years ago he had landed in England friendless and unknown, to-day he had stepped out from even amongst the chosen few and had planted his feet in the higher lands whither the faces of all men are turned. With a grim smile upon his lips, he recalled one by one the various enterprises into which he had entered, the courage with which he had forced them through, the solid strength with which he had thrust weaker men to the wall and had risen a little higher towards his goal upon the wreck of their fortunes. Where other men had failed he had succeeded. To-day the triumph was his alone. He was a millionaire—one of the princes of the world! The young man, who had filled his box and also a black bag, was ready to go. He ventured most respectfully to break in upon the reflections of his employer. “Is there anything more for me to do, sir?” Trent woke from his day-dream into the present. He looked around the room and saw that no papers had been omitted. Then he glanced keenly into his clerk's face. “Nothing more,” he said. “You can go.” It was significant of the man that, notwithstanding his hour of triumph, he did not depart in the slightest degree from the cold gruffness of his tone. The little speech which his clerk had prepared seemed to stick in his throat.