occasion, and taking with him a very nice sum of money.

The two last of these five years had certainly been the best period of his life, for he had really worked very hard, like a man, giving up all pleasure that took time from him,—and giving up also most pleasures which were dangerous on account of their costliness. He went to no races, played no billiards, and spoke of Cremorne as a childish thing, which he had abandoned now that he was no longer a child. It was during these two years that he had had his love passages with his cousin; and it must be presumed that he had, at any rate, intended at one time to settle himself respectably as a married man. He had, however, behaved very badly to Alice, and the match had been broken off.

He had also during the last two years quarrelled with his grandfather. He had wished to raise a sum of money on the Vavasor estate, which, as it was unentailed, he could only do with his grandfather's concurrence. The old gentleman would not hear of it,—would listen with no patience to the proposition. It was in vain that George attempted to make the squire understand that the wine business was going on very well, that he himself owed no man anything, that everything with him was flourishing;—but that his trade might be extended indefinitely by the use of a few thousand pounds at moderate interest. Old Mr. Vavasor was furious. No documents and no assurances could make him lay aside a belief that the wine merchants, and the business, and his grandson were all ruined and ruinous together. No one but a ruined man would attempt to raise money on the family estate! So they had quarrelled, and had never spoken or seen each other since. "He shall have the estate for his life," the squire said to his son John. "I don't think I have a right to leave it away from him. It never has been left away from the heir. But I'll tie it up so that he shan't cut a tree on it." John Vavasor perhaps thought that the old rule of primogeniture might under such circumstances have been judiciously abandoned—in this one instance, in his own favour. But he did not say so. Nor would he have said it had there been a chance of his doing so with success. He was a man from whom no very noble deed could be expected; but he was also one who would do no ignoble deed.

After that George Vavasor had become a stockbroker, and a stockbroker he was now. In the first twelve months after his leaving the wine business,—the same being the first year after his breach with Alice,—he had gone back greatly in the estimation of men. He had lived in open defiance of decency. He had spent much money and had apparently made none, 

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