He had come over from the States as the agent of a dry-goods firm, and, travelling all through the Australasian colonies, soon saw the enormous capabilities of wealth that lay before him. Gifted with a ready tongue and a persuasive manner, he interested several opulent Victorians in a scheme for floating a Life Insurance Company. A prospectus was drawn up, which promised incalculable wealth to those who would take shares, and, by means of Mr. Fenton's brilliant command of words, and skilful manipulation of figures, The Never-say-die Insurance Company soon became an accomplished fact. A handsome suite of offices was taken in Collins' Street, a large staff of clerks engaged, a genial medical man, whose smile itself was a recommendation, remained on the premises to examine intending policy-holders, and the emissaries of the company went to the four quarters of the globe to trumpet forth the praises of the affair, and persuade people to insure their lives. The company prospered, a handsome dividend was soon declared, and, thanks to his Yankee sharpness, Mr. Fenton now found himself occupying the enviable position of manager with a large salary. He was a handsome man in a bold, sensual way, with a certain dash and swagger about him which impressed strangers favourably, but a physiognomist would have mistrusted his too ready tongue and the keen glance of his eye. There is no greater mistake than to suppose a villain cannot meet an honest eye, for, as a matter of fact, a successful villain having his nerves under admirable control can stare any one out of countenance, and the keen, rapid glance can take in at once the weak points of a stranger. Mr. Fenton occupied pleasant apartments, went into society a great deal, and altogether was a very popular man. Cold, calculating, and far-seeing as he was, he had yet a weak spot in his character, and this was extreme partiality for the female sex. Any woman, provided she was pretty, could twist him round her finger; and as Kitty Marchurst now had him in her toils, she took full advantage of his infatuation. There was a certain amount of notoriety in being the lover of the now famous Caprice; but Fenton had to pay pretty dearly for his position. Kitty spent his money like water, and when he ventured to remonstrate, laughed in his face, and told him he could go if he liked, an intimation which only made him resolve to stick closer to her. Nevertheless, about this time relations were rather strained between them, and any one knowing the facts of the case would have seen that the end was not far off.