Beaufort Chance was no genius in a drawing-room--that may be accepted on Lady Blixworth's authority. In concluding that he was a fool in the general affairs of life she went beyond her premises and her knowledge. Mrs. Bonfill, out of a larger experience, had considered that he would do more than usually well; he was ingenious, hard-working, and conciliatory, of affable address and sufficient tact; Mrs. Bonfill seemed to have placed him with judgment, and Mr. Dickinson (who led the House) was content with his performances. Yet perhaps after all he was, in the finest sense of the term, a fool. He could not see how things would look to other people, if other people came to know them; he hardly perceived when he was sailing very near the wind; the probability of an upset did not occur to him. He saw with his own eyes only; their view was short, and perhaps awry. Fricker was his friend; he had bestowed favours on Fricker, or at least on Fricker's belongings, for whose debts Fricker assumed liability. If Fricker were minded to repay the obligation, was there any particular harm in that? Beaufort could not see it. If, again, the account being a little more than squared, he in his turn equalised it, leaving Fricker's kindness to set him at a debit again, and again await his balancing, what harm? It seemed only the natural way of things when business and friendship went hand in hand. The Frickers wanted one thing, he wanted another. If each could help the other to the desired object, good was done to both, hurt to nobody. Many things are private which are not wrong; delicacy is different from shame, reticence from concealment. These relations between himself and Fricker were not fit subjects for gossip, but Beaufort saw no sin in them. Fricker, it need not be added, was clearly, and even scornfully, of the same opinion. But Fricker's business affairs were influenced, indeed most materially affected, by what the Tsar meant to do, and by one or two kindred problems then greatly exercising the world of politics, society, and finance. Beaufort Chance was not only in the House, he was in the Government. Humbly in, it is true, but actually. Still, what then? He was not in the Cabinet. Did he know secrets? He knew none; of course he would never have used secrets or divulged them. Things told to him, or picked up by him, were _ex hypothesi_ not secrets, or he would never have come to know them. Fricker had represented all this to him, and, after some consideration and hesitation, Fricker's argument had seemed very sound.