One man had wanted her money to buy a house on a mortgage, and another now asked for it to build a church, giving her, or promising to give her, the security of the pew rents. Which of the two was the worst? They were both her lovers, and she thought that he was the worst who first made his love and then tried to get her money. These were the ideas which at once occurred to her upon her reading Mr Maguire's letter. She had quite wit enough to see through the whole project; how outsiders were to be induced to give their money, thinking that all was to be given; whereas those inside the temple,--those who knew all about it,--were simply to make for themselves a good speculation. Her cousin John's constant solicitude for money was bad; but, after all, it was not so bad as this. She told herself at once that the letter was one which would of itself have ended everything between her and Mr Maguire, even had nothing occurred to put an absolute and imperative stop to the affair. Mr Maguire pressed for an early answer, and before she left the room she sat down and wrote it. The Cedars, Twickenham, October, 186--. DEAR SIR Before she wrote the words, "Dear Sir," she had to think much of them, not having had as yet much experience in writing letters to gentlemen; but she concluded at last that if she simply wrote "Sir," he would take it as an insult, and that if she wrote "My dear Mr Maguire," it would, under the circumstances, be too affectionate. DEAR SIR, I have got your letter to-day, and I hasten to answer it at once. All that to which you allude between us must be considered as being altogether over, and I am very sorry that you should have had so much trouble. My circumstances are altogether changed. I cannot explain how, as it would make my letter very long; but you may be assured that such is the case, and to so great an extent that the engagement you speak of would not at all suit you at present. Pray take this as being quite true, and believe me to be Your very humble servant, MARGARET MACKENZIE.