'And here, my dear young lady'--Elsie cried 'Oh!' once more because--the most curious thing in the world--Mr. Dering's grave face suddenly relaxed and the lines assumed the very benevolence which she had the day before imparted to his portrait, and wished to see upon his face!--'Here, my dear young lady'--he laid his hand upon a paper--'is the list of the investments which I have made of that money. You have, in fact, money in Corporation bonds--Newcastle, Nottingham, Wolverhampton. You have water shares--you have gas shares--all good investments, yielding at the price of purchase an average of nearly three and two-thirds per cent.' 'Investments? Why--how much money was it, then? I was thinking when you spoke of a sum of money, of ten pounds, perhaps.' 'No, Elsie, not ten pounds. The money placed in my hands for your use was over twelve thousand pounds. With accumulations, there is now a little under thirteen thousand.' 'Oh!' cried Elsie for the third time and for the same reason. No words could express her astonishment. 'Yes; it will produce about four hundred and eighty pounds a year. Perhaps, as some of the stock has gone up, it might be sold out and placed to better advantage. We may get it up to five hundred pounds.' 'Do you mean, Mr. Dering, that I have actually got five hundred pounds a year--all my own?' 'That is certainly my meaning. You have nearly five hundred pounds a year all your own--entirely your own, without any conditions whatever--your own.' 'Oh!' She sat in silence, her hands locked. Then the tears came into her eyes. 'Oh, George!' she murmured, 'you will not be so very poor after all.' 'That is all I have to say to you at present, Elsie,' said Mr. Dering. 'Now you may run away and leave me. Come to dinner this evening. Your mother and your sister are coming. I shall ask Austin as well. We may perhaps remove some of those objections. Dinner at seven sharp, Elsie.--And now you can leave me.' 'I said last night,' said Elsie, clasping her hands with feminine superstition, 'that something was going to happen. But I thought it was something horrid. Oh, Mr. Dering, if you only knew how happy you have made me! I don't know what to say. I feel stunned. Five hundred pounds a year! Oh! it is wonderful! What shall I say? What shall I say?' 'You will say nothing. Go away now. Come to dinner this evening.--Go away, my young heiress. Go and make plans how to live on your enlarged income. It will not prove too much.' Elsie rose. Then she turned again. 'Oh, I had actually forgotten. Won't you tell the man--or the woman--who gave you that money for me, that I thank him from my very heart? It isn't that I think so much about money, but oh! the dreadful trouble that there has been at home because George has none--and this will do something to reconcile my mother. Don't you think it will make all the difference?' 'I hope that before the evening you will find that all opposition has been removed,' said her guardian cautiously.