Mr. Houghton, who rose on the entry of his visitor, was a tall portly specimen of the English gentleman. The kindly expression of his countenance, and general affable manners, were in marked contrast to the little man who proceeded to introduce himself by presenting the letter already referred to. Apparently about thirty-five years of age; dark complexion; with deep-set ferret-like eyes, partially concealed by a pair of pince-nez; dark-brown short-cropped hair, thin on the top; clean shaven cheeks, but a heavy cavalry moustache; and a stooping gait,—he had all the appearance of one who had lived "fast," and missed his mark in life’s struggle for existence. After a second perusal of the letter presented,—which, to judge by the expression of his countenance, had come upon him as a surprise, and did not seem to please him,—he turned to his interviewer and remarked, somewhat absently, as if he scarcely knew what to say, "I think the best thing I can do is to introduce you to the clerks and staff generally, for which purpose, if you will excuse me for a few moments, I will go and prepare them." "Very well," was all the reply the other made, as Mr. Houghton, without another word, left the office. Calling a clerk named Kenway, who happened to be passing, and who was distantly related to him, he hastily directed him to summon the other clerks to meet him at once in his office. Full of curiosity, and a-tiptoe with expectation as to what was impending, there was soon assembled an anxious and eager group of men, quietly canvassing the possibilities and probabilities of the situation. On the entrance of Mr. Houghton it was at once seen that something unusual had occurred, as he appeared to be very much agitated, and to have lost command of that calmness and ease which it was his general habit to assume. With manifest anxiety to get through an unpleasant task with the least possible delay he advanced, and, leaning heavily upon his desk, said— "Gentlemen, I have had you called together thus hurriedly, because I thought it only right that you should hear the fact from my own lips that I am intending shortly to resign my position here as manager." A half-suppressed murmur of regret went round the assembled clerks, which was, however, allowed to pass unnoticed, as, scarcely able to restrain the tears which filled his eyes, and in an all but inaudible voice, he continued— "Yes; after serving the firm for upwards of fifty years, it is with their approval that I shall in six months retire, and endeavour to take life a little easier. I have to thank you all for the assistance you have always rendered me; and, in bidding you farewell, I propose to introduce you to my successor, who is now here with a letter of introduction from Broadstone."