The first thousand dollar cheque which Lily received with a blotted scrawl from Gus Trenor strengthened her self-confidence in the exact degree to which it effaced her debts.

The transaction had justified itself by its results: she saw now how absurd it would have been to let any primitive scruple deprive her of this easy means of appeasing her creditors. Lily felt really virtuous as she dispensed the sum in sops to her tradesmen, and the fact that a fresh order accompanied each payment did not lessen her sense of disinterestedness. How many women, in her place, would have given the orders without making the payment!

She had found it reassuringly easy to keep Trenor in a good humour. To listen to his stories, to receive his confidences and laugh at his jokes, seemed for the moment all that was required of her, and the complacency with which her hostess regarded these attentions freed them of the least hint of ambiguity. Mrs. Trenor evidently assumed that Lily's growing intimacy with her husband was simply an indirect way of returning her own kindness.

"I'm so glad you and Gus have become such good friends," she said approvingly. "It's too delightful of you to be so nice to him, and put up with all his tiresome stories. I know what they are, because I had to listen to them when we were engaged--I'm sure he is telling the same ones still. And now I shan't always have to be asking Carry Fisher here to keep him in a good-humour. She's a perfect vulture, you know; and she hasn't the least moral sense. She is always getting Gus to speculate for her, and I'm sure she never pays when she loses."

Miss Bart could shudder at this state of things without the embarrassment of a personal application. Her own position was surely quite different. There could be no question of her not paying when she lost, since Trenor had assured her that she was certain not to lose. In sending her the cheque he had explained that he had made five thousand for her out of Rosedale's "tip," and had put four thousand back in the same venture, as there was the promise of another "big rise"; she understood therefore that he was now speculating with her own money, and that she consequently owed him no more than the gratitude which such a trifling service demanded. She vaguely supposed that, to raise the first sum, he had borrowed on her securities; but this was a point over which her curiosity did not linger. It was concentrated, for the moment, on the probable date of the next "big rise."




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