J. E. Smith was well born and well educated. When he was a good-looking and able young man at college, but before he had taken his degree, trouble came to him, the particulars of which do not matter, and he was thrown penniless, also friendless, upon the rocky bosom of the world. No, not quite friendless, for he had a godfather, a gentleman connected with business whose Christian name was Ebenezer. To him, as a last resource, Smith went, feeling that Ebenezer owed him something in return for the awful appellation wherewith he had been endowed in baptism. To a certain extent Ebenezer recognised the obligation. He did nothing heroic, but he found his godson a clerkship in a bank of which he was one of the directors—a modest clerkship, no more. Also, when he died a year later, he left him a hundred pounds to be spent upon some souvenir. Smith, being of a practical turn of mind, instead of adorning himself with memorial jewellery for which he had no use, invested the hundred pounds in an exceedingly promising speculation. As it happened, he was not misinformed, and his talent returned to him multiplied by ten. He repeated the experiment, and, being in a position to know what he was doing, with considerable success. By the time that he was thirty he found himself possessed of a fortune of something over twenty-five thousand pounds. Then (and this shows the wise and practical nature of the man) he stopped speculating and put out his money in such a fashion that it brought him a safe and clear four per cent. By this time Smith, being an excellent man of business, was well up in the service of his bank—as yet only a clerk, it is true, but one who drew his four hundred pounds a year, with prospects. In short, he was in a position to marry had he wished to do so. As it happened, he did not wish—perhaps because, being very friendless, no lady who attracted him crossed his path; perhaps for other reasons. Shy and reserved in temperament, he confided only in himself. None, not even his superiors at the bank or the Board of Management, knew how well off he had become. No one visited him at the flat which he was understood to occupy somewhere in the neighbourhood of Putney; he belonged to no club, and possessed not a single intimate. The blow which the world had dealt him in his early days, the harsh repulses and the rough treatment he had then experienced, sank so deep into his sensitive soul that never again did he seek close converse with his kind. In fact, while still young, he fell into a condition of old-bachelorhood of a refined type.