He had invested the few thousand dollars which had been his portion of his father’s shrunken estate: when his debts began to pile up, he took a flyer in stocks and after a few months of varying luck his little patrimony disappeared. Meanwhile his courtship was proceeding at an inverse ratio to his financial ventures. Miss Talcott was growing tender and he began to feel that the game was in his hands. The nearness of the goal exasperated him. She was not the girl to wait and he knew that it must be now or never. A friend lent him five thousand dollars on his personal note and he bought railway stocks on margin. They went up and he held them for a higher rise: they fluctuated, dragged, dropped below the level at which he had bought, and slowly continued their uninterrupted descent. His broker called for more margin; he could not respond and was sold out. What followed came about quite naturally. For several years he had been cashier in a well-known banking-house. When the note he had given his friend became due it was obviously necessary to pay it and he used the firm’s money for the purpose. To repay the money thus taken, he increased his debt to his employers and bought more stocks; and on these operations he made a profit of ten thousand dollars. Miss Talcott rode in the Park, and he bought a smart hack for seven hundred, paid off his tradesmen, and went on speculating with the remainder of his profits. He made a little more, but failed to take advantage of the market and lost all that he had staked, including the amount taken from the firm. He increased his over-draft by another ten thousand and lost that; he over-drew a farther sum and lost again. Suddenly he woke to the fact that he owed his employers fifty thousand dollars and that the partners were to make their semi-annual inspection in two days. He realized then that within forty-eight hours what he had called borrowing would become theft. There was no time to be lost: he must clear out and start life over again somewhere else. The day that he reached this decision he was to have met Miss Talcott at dinner. He went to the dinner, but she did not appear: she had a headache, his hostess explained. Well, he was not to have a last look at her, after all; better so, perhaps. He took leave early and on his way home stopped at a florist’s and sent her a bunch of violets. The next morning he got a little note from her: the violets had done her head so much good--she would tell him all about it that evening at the Gildermere ball. Woburn laughed and tossed the note into the fire. That evening he would be on board ship: the examination of the books was to take place the following morning at ten.