Miss Crewe was born in the year 1821. She received a sort of education, and at the age of twenty became the governess of a little girl, eight years old, called Martha Bond. She was Martha's governess for the next ten years. Then Martha came out and Miss Crewe went to be the governess of somebody else. Martha married Mr. William Harper. A year later she gave birth to a son, who was named Edward. This brings us to the year 1853. When Edward was six, Miss Crewe came back, to be his governess. Four years later he went to school and Miss Crewe went away to be the governess of somebody else. She was now forty-two years old. Twelve years passed and Mrs. Harper died, recommending Miss Crewe to her husband's care, for Miss Crewe had recently been smitten by an incurable disease which made it impossible for her to be a governess any longer. Mr. Harper, who had passionately loved his wife, gave instructions to his solicitor to pay Miss Crewe the sum of one hundred and fifty pounds annually. He had some thoughts of buying her an annuity, but she seemed so ill that he didn't. Edward was now twenty-two. In the year 1888, Mr. Harper died after a very short illness. He had expected Miss Crewe to die any day during the past thirteen years, but since she hadn't he thought it proper now to recommend her to Edward's care. This is how he did it. "That confounded old Crewe, Eddie. You'll have to see to her. Let her have her money as before, but for the Lord's sake don't go and buy her an annuity now. If you do, she'll die on your hands in a week!" Shortly afterwards the old gentleman passed away. Edward was now thirty-five. Miss Crewe was sixty-seven and reported to be in an almost desperate state. Edward followed his father's advice. He bought no annuity for Miss Crewe. Her one hundred and fifty pounds continued to be paid each year into her bank; but by Edward, not by his late father's solicitors. Edward had his own ideas of managing the considerable fortune which he had inherited. These ideas were unsound. The first of them was that he should assume the entire direction of his own affairs. Accordingly he instructed his solicitors to realise all the mortgages and railway-stock and other admirable securities in which his money was invested and hand over the cash to him. He then went in for the highest rate of interest which anyone would promise him. The consequence was that, within twelve years, he was almost a poor man, his annual income having dwindled from about three thousand to about four hundred pounds. Though he was a fool he was an honourable man, and so he continued to pay Miss Crewe her one hundred and fifty pounds each year. This left him about two hundred and fifty for himself. The capital which his so reduced income represented was invested in a Mexican brewery in which he had implicit faith. Nevertheless, he began to think that he might do well were he to try to earn a little extra money.