Fred Huntley was a man of considerable ingenuity as well as coolness of intellect; and it was impossible that he could remain long unconscious of what he was doing, or take any but the first steps in any path without a clear perception of whither it led. And accordingly, before he had reached this point he had become fully aware of the situation, and had contemplated it from every possible point of view. No feeling of treachery to John weighed upon him when he thought it fully over. He had not been confided in by Kate’s accepted lover, nor appealed to, nor put upon his honour in the matter; and John was not even a very intimate friend that he should give in to him; nor did it occur to him to stifle the dawning love in his own heart, and withdraw from the field, even for Kate’s sake, to leave her tranquil to the enjoyment of her first love. Such an idea was not in Fred’s way. To secure his own will and his own happiness was naturally the first thing in his estimation, and he had no compunctions about his rival. There seemed to him no possible reason why he should sacrifice himself, and leave the field clear to John. And then there were so many aspects in which to consider the matter. It would be much better for her, Fred felt, to marry himself. He could make appropriate settlements upon her; he could maintain her in that position to which she had been accustomed; he could give her everything that a rich man’s daughter or rich man’s wife could desire. His blood, perhaps, might not be so good as John Mitford’s blood, if you entered into so fine a question; but he was heir to his father’s money, if not to much that was more ethereal. And money tells with everybody, Fred thought; it would tell with Kate, though perhaps she did not think so. Of all people in the world was not she the last who could consent to come down from her luxurious state, and be the wife of a poor man, with next to no servants, no horses, no carriage, and nothing but love to make up to her for a thousand wants? Fred Huntley was in love himself, and indeed it was love that was the origin of all these deliberations; and yet he scoffed at love as a compensation. By dint of reasoning, he even got himself to believe that it was an unprincipled thing on John’s part to seek her at all, and that any man would do a good deed who should deliver her from his hands. He had reached to this point by the next evening after the one whose events we have just recorded. Kate had not ridden out that day; she had been little visible to any one, and Fred had not more than a distant glimpse of her at the breakfast-table and in the twilight over the tea, which called together most of the party. Madeline Winton and her mother had gone away that morning; and Madeline was Kate’s gossip, her confidential friend, the only one with whom she could relieve her soul. She was somewhat low-spirited in the evening. Fred looked on, and saw her languid treatment of everything, and the snubs