ity of youth had answered, "No, they could manage much better
alone." Five years later Mr. Schlegel had died too, and Mrs. Munt had
repeated her offer. Margaret, crude no longer, had been grateful and
extremely nice, but the substance of her answer had been the same. "I
must not interfere a third time," thought Mrs. Munt. However, of course
she did. She learnt, to her horror, that Margaret, now of age, was
taking her money out of the old safe investments and putting it into
Foreign Things, which always smash. Silence would have been criminal.
Her own fortune was invested in Home Rails, and most ardently did
she beg her niece to imitate her. "Then we should be together, dear."
Margaret, out of politeness, invested a few hundreds in the Nottingham
and Derby Railway, and though the Foreign Things did admirably and the
Nottingham and Derby declined with the steady dignity of which only Home
Rails are capable, Mrs. Munt never ceased to rejoice, and to say, "I did
manage that, at all events. When the smash comes poor Margaret will have
a nest-egg to fall back upon." This year Helen came of age, and exactly
the same thing happened in Helen's case; she also would shift her money
out of Consols, but she, too, almost without being pressed, consecrated
a fraction of it to the Nottingham and Derby Railway. So far so good,
but in social matters their aunt had accomplished nothing. Sooner or
later the girls would enter on the process known as throwing themselves
away, and if they had delayed hitherto, it was only that they might
throw themselves more vehemently in the future. They saw too many people
at Wickham Place--unshaven musicians, an actress even, German cousins
(one knows what foreigners are), acquaintances picked up at Continental
hotels (one knows what they are too). It was interesting, and down
at Swanage no one appreciated culture more than Mrs. Munt; but it was
dangerous, and disaster was bound to come. How right she was, and how
lucky to be on the spot when the disaster came!

The train sped northward, under innumerable tunnels. It was only an
hour's journey, but Mrs. Munt had to raise and lower the window again
and again. She passed through the South Welwyn Tunnel, saw light for
a moment, and entered the North Welwyn Tunnel, of tragic fame. She
traversed the immense viaduct, whose arches span untroubled meadows and
the dreamy flow of Tewin Water. She skirted the parks of politicians. At
times the Great North Road accomp