Mr. Scudamore, the father of the young Etonians, was a banker. He was the elder of two brothers, and had inherited his father's business, while his brother had gone into the army. The banker had married the daughter of a landowner in the neighborhood, and had lived happily and prosperously until her death, seven years before this story begins. She had borne him three children, the two boys, now fifteen and fourteen years old respectively, and a girl, Rhoda, two years younger than Peter. The loss of his wife afflicted him greatly, and he received another shock five years later by the death of his brother, Colonel Scudamore, to whom he was much attached. From the time of his wife's death he had greatly relaxed in his attention to his business, and after his brother's death he left the management almost entirely in the hands of his cashier, in whom he had unlimited confidence. This confidence was wholly misplaced. For years the cashier had been carrying on speculation upon his own account with the monies of the bank. Gradually and without exciting the least suspicion he had realized the various securities held by the bank, and at last gathering all the available cash he, one Saturday afternoon, locked up the bank and fled. On Monday it was found that he was missing; Mr. Scudamore went down to the bank, and had the books taken into his parlor for examination. Some hours afterwards a clerk went in and found his master lying back in his chair insensible. A doctor on arriving pronounced it to be apoplexy. He never rallied, and a few hours afterwards the news spread through the country that Scudamore, the banker, was dead, and that the bank had stopped payment. People could believe the former item of news, but were incredulous as to the latter. Scudamore's bank was looked upon in Lincolnshire as at least as safe as the Bank of England itself. But the sad truth was soon clear to all, and for awhile there was great distress of mind among the people, for many miles round, for most of them had entrusted all their savings of years to the Scudamores' bank. When affairs were wound up, however, it was found that things were not quite so bad as had been feared. Mr. Scudamore had a considerable capital employed in the bank, and the sale of his handsome house and estate realized a large sum, so that eventually every one received back the money they had entrusted to the bank; but the whole of the capital and the profits of years of successful enterprise had vanished, and it was calculated by the executors that the swindler must have appropriated at least 80,000_l._