'I wish to goodness she wasn't so transparently candid and guileless,' thought Harry to himself. 'I never CAN teach her duly to respect the prejudices of Pi. Not that it matters twopence to Le Breton, of course: but if she talks that way to any of the other men here, they'll be laughing in every common-room in Oxford over my Christmas raisins and pounds of sugar--commonplace cynics that they are. I must tell her about it the moment we get home again, and adjure her by all that's holy not to repeat the indiscretion.' 'A penny for your thoughts, Harry,' cried Edie, seeing by his look that she had somehow vexed him. 'What are you thinking of?' 'Thinking that all Oxford men are horrid cynics,' said Harry, boldly shaming the devil. 'Why are they?' Edie asked. 'I suppose because it's an inexpensive substitute for wit or intellect,' Harry answered. 'Indeed, I'm a bit of a cynic myself, I believe, for the same reason and on strictly economical principles. It saves one the trouble of having any intelligible or original opinion of one's own upon any subject.' Below Iffley Lock they landed for half an hour, in order to give Edie time for a pencil sketch of the famous old Norman church-tower, with its quaint variations on the dog-tooth ornament, and its ancient cross and mouldering yew-tree behind. Harry sat below in the boat, propped on the cushions, reading the last number of the 'Nineteenth Century;' Ernest and Edie took their seat upon the bank above, and had a first chance of an unbroken tête-à-tête. 'How delicious to live in Oxford always!' said Edie, sketching in the first outline of the great round arches. 'I would give anything to have the opportunity of settling here for life. Some day I shall make Harry set up house, and bring me up here as his housekeeper:--I mean,' she added with a blush, thinking of Harry's warning look just before, 'as soon as they can spare me from home.' She purposely avoided saying 'when they retire from business,' the first phrase that sprang naturally to her simple little lips. 'Let me see, Mr. Le Breton; you haven't got any permanent appointment here yourself, have you?' 'Oh no,' Ernest answered: 'no appointment of any sort at all, Miss Oswald. I'm loitering up casually on the look-out for a fellowship. I've been in for two or three already, but haven't got them.' 'Why didn't you?' asked Edie, with a look of candid surprise. 'I suppose I wasn't clever enough,' Ernest answered simply. 'Not so clever, I mean, as the men who actually got them.' 'Oh, but you MUST be,' Edie replied confidently; 'and a great deal cleverer, too, I'm sure. I know you must, because Harry told me you were one of the very cleverest men in the whole 'Varsity. And besides, I see you are, myself. And Harry says most of the men who get fellowships are really great donkeys.'