seemed heavy and bloated, and but for his erect square- shouldered walk he would have looked like an over-fed and over-dressed old man.

There were all sorts of rumours afloat about Beaufort. In the spring he had gone off on a long cruise to the West Indies in his new steam-yacht, and it was reported that, at various points where he had touched, a lady resembling Miss Fanny Ring had been seen in his company. The steam-yacht, built in the Clyde, and fitted with tiled bath-rooms and other unheard-of luxuries, was said to have cost him half a million; and the pearl necklace which he had presented to his wife on his return was as magnificent as such expiatory offerings are apt to be. Beaufort’s fortune was substantial enough to stand the strain; and yet the disquieting rumours persisted, not only in Fifth Avenue but in Wall Street. Some people said he had speculated unfortunately in railways, others that he was being bled by one of the most insatiable members of her profession; and to every report of threatened insolvency Beaufort replied by a fresh extravagance: the building of a new row of orchid-houses, the purchase of a new string of race-horses, or the addition of a new Meissonnier or Cabanel to his picture-gallery.

He advanced toward the Marchioness and Newland with his usual half-sneering smile. “Hullo, Medora! Did the trotters do their business?

Forty minutes, eh? . . . Well, that’s not so bad, considering your nerves had to be spared.” He shook hands with Archer, and then, turning back with them, placed himself on Mrs. Manson’s other side, and said, in a low voice, a few words which their companion did not catch.

The Marchioness replied by one of her queer foreign jerks, and a ‘Que voulez-vous?’ which deepened Beaufort’s frown; but he produced a good semblance of a congratulatory smile as he glanced at Archer to say: “You know May’s going to carry off the first prize.”

“Ah, then it remains in the family,” Medora rippled; and at that moment they reached the tent and Mrs. Beaufort met them in a girlish cloud of mauve muslin and floating veils.

May Welland was just coming out of the tent. In her white dress, with a pale green ribbon about the waist and a wreath of ivy on her hat, she had the same Diana-like aloofness as when she had entered the Beaufort ball-room on the night of her engagement. In the interval not a thought seemed to have passed behind her eyes or a feeling through her heart; and though her husband knew that she had the capacity for both he marvelled afresh at the way in which experience dropped away from her.

She had her bow and arrow in her hand, and placing herself on the chalk-mark traced on the turf she lifted the bow to her shoulder and took aim. The attitude was so full of a classic grace that a murmur of appreciation followed her appearance, and Archer felt the glow of proprietorship that so often cheated him into momentary well-being. Her rivals—Mrs. Reggie Chivers, the Merry girls, and divers rosy Thorleys, Dagonets and Mingotts, stood behind her in a lovely anxious group, brown heads and golden bent above the scores, and pale muslins and flower-wreathed hats mingled in a tender rainbow. All were young and pretty, and bathed in summer bloom; but not one had the nymph-like ease of his wife, when, with tense muscles and happy frown, she bent her soul upon some feat of strength.

“Gad,” Archer heard Lawrence Lefferts say, “not one of the lot holds the bow as she does”; and Beaufort retorted: “Yes; but that’s the only kind of target she’ll ever hit.”

Archer felt irrationally angry. His host’s contemptuous tribute to May’s “niceness” was just what a husband should have wished to hear said of his wife. The fact that a coarse-minded man found her lacking in attraction was simply another proof of her quality; yet the words sent a faint shiver through his heart. What if “niceness” carried to that supreme degree were only a negation, the curtain dropped before an emptiness? As he looked at May, returning flushed and calm from her final bull’s-eye, he had the feeling that he had never yet lifted that curtain.