She was roused from these speculations by a familiar touch on her arm, and turning saw Gus Trenor beside her. She felt a thrill of vexation: what right had he to touch her? Luckily Gerty Farish had wandered off to the next table, and they were alone.

Trenor, looking stouter than ever in his tight frock-coat, and unbecomingly flushed by the bridal libations, gazed at her with undisguised approval.

"By Jove, Lily, you do look a stunner!" He had slipped insensibly into the use of her Christian name, and she had never found the right moment to correct him. Besides, in her set all the men and women called each other by their Christian names; it was only on Trenor's lips that the familiar address had an unpleasant significance.

"Well," he continued, still jovially impervious to her annoyance, "have you made up your mind which of these little trinkets you mean to duplicate at Tiffany's tomorrow? I've got a cheque for you in my pocket that will go a long way in that line!"

Lily gave him a startled look: his voice was louder than usual, and the room was beginning to fill with people. But as her glance assured her that they were still beyond ear-shot a sense of pleasure replaced her apprehension.

"Another dividend?" she asked, smiling and drawing near him in the desire not to be overheard.

"Well, not exactly: I sold out on the rise and I've pulled off four thou' for you. Not so bad for a beginner, eh? I suppose you'll begin to think you're a pretty knowing speculator. And perhaps you won't think poor old Gus such an awful ass as some people do."

"I think you the kindest of friends; but I can't thank you properly now."

She let her eyes shine into his with a look that made up for the hand-clasp he would have claimed if they had been alone--and how glad she was that they were not! The news filled her with the glow produced by a sudden cessation of physical pain. The world was not so stupid and blundering after all: now and then a stroke of luck came to the unluckiest. At the thought her spirits began to rise: it was characteristic of her that one trifling piece of good fortune should give wings to all her hopes. Instantly came the reflection that Percy Gryce was not irretrievably lost; and she smiled to think of the excitement of recapturing him from Evie Van Osburgh. What chance could such a simpleton have against her if she chose to exert herself? She glanced about, hoping to catch a glimpse of Gryce; but her eyes lit instead on the glossy countenance of Mr. Rosedale, who was slipping through the crowd with an air half obsequious, half obtrusive, as though, the moment his presence was recognized, it would swell to the dimensions of the room.




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