To Mr. Alfred Randal, as he passed down the steps of Mrs. Beaufort's residence on the avenue, the world was now a vast arena, into which he was going, armed and knighted with his lady's colors on his helm. His heart beat high in his bosom. He would be a factor in great affairs; the hour would come when he would return, famous, wealthy past belief, announced by the heralds. He could not know that he was but another character in that sweet old fairy story which men and women have striven to act over and over again before they learn with dumb horror how pitiless and how practical are the ways of Providence. Yet the wise man who accompanies the youth to the gateway of the arena will not say: “To-morrow Circumstance will beat you from your horse and tramp you under, and instead of returning victor, you will return a cripple.” Although the wise man knows full well that of all results this latter is most probable, yet he will not say it, because the enthusiasm of youth is a marvellous power, difficult to estimate, and what it may accomplish no man can tell. The Governor had not seen this young woman after that night, but he had clung to his intention with the determination of a man who has a single object in life. An intermittent correspondence had been maintained, but after years this intention to wed Miss Lanmar had become rather an ideal something, and in this there was peril. But a few weeks before, he had intimated vaguely, that he was now a person of some local importance, and with no inconsiderable prospects of wealth, and to this Miss Lanmar had intimated quite as vaguely that she was waiting. But in it all there, seemed to be a powerful, albeit somewhat indistinct doubt. Years had passed, and years had a way of working frightful changes in people. The Miss Lanmar of to-day could not be the school-girl whom he had known. The Executive leaned back in a seat of the stuffy little coach and speculated with grave concern At any rate, this alliance was now quite impossible. Complications had been thrust in; a duty, or what he conceived to be a duty, had sprung up, and this duty it was not his intention to evade. II THE Governor walked gravely down the long platform at El Paso, looking up at the windows of the Pullmans, wondering, rather indistinctly, how he should be able to recognize the irridescent princess of his romantic youth. A negro porter touched him on the arm and inquired if he was Governor Randal. The Executive replied that he was, whereupon the negro with much profound obeisance announced that Miss Lanmar was waiting in the drawing-room of the opposite Pullman. The Governor sprang up the steps of the coach. As he entered, a young woman, wearing a dark travelling dress, came forward to meet him. She was of medium height, with heavy brown hair, fine eyes, arched brows, and quite a faultless nose. But the great charm of the woman was her splendid bearing, and her instinctive culture.