The father of Mr. Ferrars had the reputation of being the son of a once somewhat celebrated statesman, but the only patrimony he inherited from his presumed parent was a clerkship in the Treasury, where he found himself drudging at an early age. Nature had endowed him with considerable abilities, and peculiarly adapted to the scene of their display. It was difficult to decide which was most remarkable, his shrewdness or his capacity of labour. His quickness of perception and mastery of details made him in a few years an authority in the office, and a Secretary of the Treasury, who was quite ignorant of details, but who was a good judge of human character, had the sense to appoint Ferrars his private secretary. This happy preferment in time opened the whole official world to one not only singularly qualified for that kind of life, but who possessed the peculiar gifts that were then commencing to be much in demand in those circles. We were then entering that era of commercial and financial reform which had been, if not absolutely occasioned, certainly precipitated, by the revolt of our colonies. Knowledge of finance and acquaintance with tariffs were then rare gifts, and before five years of his private secretaryship had expired, Ferrars was mentioned to Mr. Pitt as the man at the Treasury who could do something that the great minister required. This decided his lot. Mr. Pitt found in Ferrars the instrument he wanted, and appreciating all his qualities placed him in a position which afforded them full play. The minister returned Ferrars to Parliament, for the Treasury then had boroughs of its own, and the new member was preferred to an important and laborious post. So long as Pitt and Grenville were in the ascendant, Mr. Ferrars toiled and flourished. He was exactly the man they liked; unwearied, vigilant, clear and cold; with a dash of natural sarcasm developed by a sharp and varied experience. He disappeared from the active world in the latter years of the Liverpool reign, when a newer generation and more bustling ideas successfully asserted their claims; but he retired with the solace of a sinecure, a pension, and a privy-councillorship. The Cabinet he had never entered, nor dared to hope to enter. It was the privilege of an inner circle even in our then contracted public life. It was the dream of Ferrars to revenge in this respect his fate in the person of his son, and only child. He was resolved that his offspring should enjoy all those advantages of education and breeding and society of which he himself had been deprived. For him was to be reserved a full initiation in those costly ceremonies which, under the names of Eton and Christ Church, in his time fascinated and dazzled mankind. His son, William Pitt Ferrars, realised even more than his father’s hopes. Extremely good-looking, he was gifted with a precocity of talent. He was the marvel of Eton and the hope of Oxford. As a boy, his Latin verses threw enraptured tutors into