have displeased him; but at last, when the time for their return was drawing nigh, when their happiness was nearly over, and that feeling of melancholy was coming on them which always pervades the last hours of any period that has been pleasant,—then words became softer than they had been, and references were made to old days,—allusions which never should have been permitted between them. Alice had been very happy,—more happy perhaps in that she had been a joint minister with Kate to her cousin George's idle fantasies, than she would have been hurrying about with him as her slave. They had tacitly agreed to spoil him with comforts; and girls are always happier in spoiling some man than in being spoiled by men. And he had taken it all well, doing his despotism pleasantly, exacting much, but exacting nothing that was disagreeable. And he had been amusing always, as Alice thought without any effort. But men and women, when they show themselves at their best, seldom do so without an effort. If the object be near the heart the effort will be pleasant to him who makes it, and if it be made well, it will be hidden; but, not the less, will the effort be there. George Vavasor had on the present occasion done his very best to please his cousin. They were sitting at Basle one evening in the balcony of the big hotel which overlooks the Rhine. The balcony runs the length of the house, and is open to all the company; but it is spacious, and little parties can be formed there with perfect privacy. The swift broad Rhine runs underneath, rushing through from the bridge which here spans the river; and every now and then on summer evenings loud shouts come up from strong swimmers in the water, who are glorying in the swiftness of the current. The three were sitting there, by themselves, at the end of the balcony. Coffee was before them on a little table, and George's cigar, as usual, was in his mouth. "It's nearly all over," said he, after they had remained silent for some minutes. "And I do think it has been a success," said Kate. "Always excepting about the money. I'm ruined for ever." "I'll make your money all straight," said George. "Indeed you'll do nothing of the kind," said Kate. "I'm ruined, but you are ruineder. But what signifies? It is such a great thing ever to have had six weeks' happiness, that the ruin is, in point of fact, a good speculation. What do you say, Alice? Won't you vote, too, that we've done it well?" "I think