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sed reproach. She complained of the smallness of the income of her share in her father's estate, and said that she had been assured by American friends that the smaller mills were starting up everywhere, and beginning to do well again. Since so much of their money was invested in the factory, she had been surprised and sorry to find by Tom's last letters that he had seemed to have no idea of putting in a proper person as superintendent, and going to work again. Four per cent. on her other property, which she had been told she must soon expect instead of eight, would make a great difference to her. A navy captain in a foreign port was obliged to entertain a great deal, and Tom must know that it cost them much more to live than it did him, and ought to think of their interests. She hoped he would talk over what was best to be done with their mother (who had been made executor, with Tom, of his father's will). Tom laughed a little, but looked disturbed. His wife had said something to the same effect, and his mother had spoken once or twice in her letters of the prospect of starting the mill again. He was not a bit of a business man, and he did not feel certain, with the theories which he had arrived at of the state of the country, that it was safe yet to spend the money which would have to be spent in putting the mill in order. "They think that the minute it is going again we shall be making money hand over hand, just as father did when we were children," he said. "It is going to cost us no end of money before we can make anything. Before father died he meant to put in a good deal of new machinery, I remember. I don't know anything about the business myself, and I would have sold out long ago if I had had an offer that came anywhere near the value. The larger mills are the only ones that are good for anything now, and we should have to bring a crowd of French Canadians here; the day is past for the people who live in this part of the country to go into the factory again. Even the Irish all go West when they come into the country, and don't come to places like this any more." "But there are a good many of the old work-people down in the village," said Mrs. Wilson. "Jack Towne asked me the other day if you weren't going to start up in the spring." Tom moved uneasily in his chair. "I'll put you in for superintendent, if you like," he said, half angrily, whereupon Mary threw the newspaper at him; but by the time he had
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