Elevated in his pulpit, the eloquent Mr. Touchem, the auctioneer, presided; and, seated beside him, the very picture of broken-heartedness, was old Deering, bent, and leaning forward on his gold-headed cane, his eye vacant and listless, looking at every article with the curiosity of a child, speaking not a word, and only betraying his interest in the scene by a sympathetic stamp of his cane on the floor whenever the nervous and grating click of the auctioneer's hammer on his desk announced the sale of some favourite article. There was one lot only which he showed any anxiety to possess, and as the porter handed it round, the old man's countenance gleamed with pleasure as his eye wistfully followed it: it was the representation of a little spaniel worked in worsted, and the joint work of Julia and his deceased wife. "Rascal!" exclaimed the old man, as the porter somewhat roughly rubbed the dust off it, "be tender of the poor thing. That's Julia's. I--I bid for that; I bid five pounds for that," said the old man, in a voice scarcely articulate with emotion. "Six pounds," said a voice in the crowd. "Who bids against me?" muttered old Deering, as he ran his eye over the group whence the voice issued. "It was the work of my poor child's hands, and of her dear departed mother. Another pound for it, Mr. Auctioneer." The same voice bid against him. The old man raised himself in his chair, gazed wistfully and imploringly in the direction of the voice, and sank back in sullen resignation in his chair. "Going for eight pounds--once--twice--the last time!" and the sharp and sudden click of the auctioneer's hammer, as it fell, came with a harsh grating sound on the ear of the old man, as he groaned, and muttered something between a curse and an entreaty. Old Deering, notwithstanding the utter ruin of his fortune, still continued, from sheer force of habit, to frequent his old haunts; and his drooped and wasted figure, with his well-known _tops_ and gold-headed cane, might be seen loitering about the purlieus of the Exchange, inquiring the price of stocks with as much anxiety as ever, and wondering at the ill-manners of some persons who, from his rambling and incoherent expressions, looked upon him as somewhat crazed. He was in truth so.