say anything in reply, but looked out over the blue water at the dark green islands of the deep bay as the Sappho paddled along, beating up a wake of egg-white froth. He was glad that Professor Knowles was going over to the other side to dwell amongst the placid inhabitants of North East Harbour, where the joke dieth not, even at an advanced age; where there are people who believe in Ruskin and swear by Herbert Spencer, who coin words ending in 'ism,' and intellectually subsist on the 'ologies' with the notable exception of theology. Lawrence had once sat at the Professor's feet, at Harvard, unwillingly, indeed, but not without indirect profit. They had met to-day in the train, and it was not probable that they should meet again in the course of the summer, unless they particularly sought one another's society. 

 They had nothing in common. Lawrence was an artist, or intended to be one, and had recently returned from abroad, after spending three years in Paris. By parentage he belonged to New York. He had been christened Louis because his mother was of French extraction and had an uncle of that name, who might be expected to do something handsome for her son. Louis Lawrence was now about five and twenty years of age, was possessed of considerable talent, and of no particular worldly goods. His most important and valuable possession, indeed, was his character, which showed itself in all he said and did. 

 There is something problematic about the existence of a young artist who is in earnest, which alone is an attraction in the eyes of women. The odds are ten to one, of course, that he will never accomplish anything above the average, but that one-tenth chance is not to be despised, for it is the possibility of a well-earned celebrity, perhaps of greatness. The one last step, out of obscurity into fame, is generally the only one of which the public knows anything, sees anything, or understands anything; and no one can tell when, if ever, that one step may be taken. There is a constant interest in expecting it, and in knowing of its possibility, which lends the artist's life a real charm in his own eyes and the eyes of others. And very often it turns out that the charm is all the life has to recommend it. 

 The young man who had just given Professor Knowles an account of his hostesses was naturally inclined to be communicative, which is a weakness, though he was also frank, which is a virtue. He was a very slim young man, and might have been thought to be in delicate health, for he was pale and thin in the face. The features were long and finely chiselled, and the complexion was decidedly dark.  

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