"It is better to be born lucky than rich" is one of the few proverbs to which the lie cannot be given by a proverb in the opposite direction. If Gerald Paget had had the choice, and had he been blessed with wisdom, he would have chosen luck in the place of riches, but he could not be credited with either of these conditions. He was born to riches, and he was too amiable and easy-natured to ripen into wisdom. When he first met Emilia Braham he was twenty-four years of age; she was eighteen, and in a position of dependence; Gerald was wealthy, and to a certain extent his own master. His father had died three months before this meeting with the beautiful young girl, whose association was to bring into his life both happiness and woe. He had only one close relative, a half-brother, a few years older than himself, who was then absent in Australia; the name of this brother was Leonard, and it was he who was destined to hold in his hands the skeins of Gerald's fate. Their father had been twice married, and Leonard was the son of his first wife. She brought him no fortune, and he himself had but little. Shortly after Leonard was born she died, and the widowed husband went with his child to Switzerland, where he met with the lady who was to replace the wife he had lost. She possessed a large fortune in her own right, of which with her husband's full approval, she kept control. Although they had met and were married in Switzerland, they were both English, and to England they returned, and set up their home there. One child blessed their union, Gerald, whom they idolized and did their best to spoil. They did not neglect their duty to Leonard; they performed it cheerfully and lovingly, but it was nevertheless the fact that Gerald was the magnet to which their hearts more constantly turned. The difference between the ages of the half-brothers was a bar to that close and sympathetic association of interests which frequently exists between children of equal age. The child of six and the child of fourteen have little in common; still less when one is twelve and the other twenty. But despite this disparity and these unfavorable conditions, Gerald adored his big brother, and bowed down before him as a being of a very superior order. Leonard's tastes was for travel, and as a young man he spent much of his time on the Continent, picking up foreign ways, and also foreign vices, which he kept very carefully concealed from the knowledge of his father and step-mother. When he came home from these Continental jaunts he always brought with him remembrances for little Gerald, whose affectionate, grateful heart magnified their value, and invested with rare qualities the spirit which animated the giver. Leonard was supplied with ample funds to indulge in his whims and pleasures, and he took life easily, accepting it as his right that his purse should be always well filled. Presently, however, a change came over the spirit of his dream, a