'That there should be such growth of periodicals? Well, from one point of view, no. No doubt they take up the time which some people would give to solid literature. But, on the other hand, there's a far greater number of people who would probably not read at all, but for the temptations of these short and new articles; and they may be induced to pa.s.s on to substantial works. Of course it all depends on the quality of the periodical matter you offer. Now, magazines like'--he named two or three of popular stamp--'might very well be dispensed with, unless one regards them as an alternative to the talking of scandal or any other vicious result of total idleness. But such a monthly as we projected would be of distinct literary value. There can be no doubt that someone or other will shortly establish it.'

'I am afraid,' said Marian, 'I haven't so much sympathy with literary undertakings as you would like me to have.'

Money is a great fortifier of self-respect. Since she had become really conscious of her position as the owner of five thousand pounds, Marian spoke with a steadier voice, walked with firmer step; mentally she felt herself altogether a less dependent being. She might have confessed this lukewarmness towards literary enterprise in the anger which her father excited eight or nine days ago, but at that time she could not have uttered her opinion calmly, deliberately, as now. The smile which accompanied the words was also new; it signified deliverance from pupilage.

'I have felt that,' returned her father, after a slight pause to command his voice, that it might be suave instead of scornful. 'I greatly fear that I have made your life something of a martyrdom----'

'Don't think I meant that, father. I am speaking only of the general question. I can't be quite so zealous as you are, that's all. I love books, but I could wish people were content for a while with those we already have.'

'My dear Marian, don't suppose that I am out of sympathy with you here.

Alas! how much of my work has been mere drudgery, mere labouring for a livelihood! How gladly I would have spent much more of my time among the great authors, with no thought of making money of them! If I speak approvingly of a scheme for a new periodical, it is greatly because of my necessities.'

He paused and looked at her. Marian returned the look.

'You would of course write for it,' she said.

'Marian, why shouldn't I edit it? Why shouldn't it be your property?'

'My property--?'

She checked a laugh. There came into her mind a more disagreeable suspicion than she had ever entertained of her father. Was this the meaning of his softened behaviour? Was he capable of calculated hypocrisy? That did not seem consistent with his character, as she knew it.

'Let us talk it over,' said Yule. He was in visible agitation and his voice shook. 'The idea may well startle you at first. It will seem to you that I propose to make away with your property before you have even come into possession of it.' He laughed. 'But, in fact, what I have in mind is merely an investment for your capital, and that an admirable one. Five thousand pounds at three per cent.--one doesn't care to reckon on more--represents a hundred and fifty a year. Now, there can be very little doubt that, if it were invested in literary property such as I have in mind, it would bring you five times that interest, and before long perhaps much more. Of course I am now speaking in the roughest outline. I should have to get trustworthy advice; complete and detailed estimates would be submitted to you. At present I merely suggest to you this form of investment.'

He watched her face eagerly, greedily. When Marian's eyes rose to his he looked away.

'Then, of course,' she said, 'you don't expect me to give any decided answer.'

'Of course not--of course not. I merely put before you the chief advantages of such an investment. As I am a selfish old fellow, I'll talk about the benefit to myself first of all. I should be editor of the new review; I should draw a stipend sufficient to all my needs--quite content, at first, to take far less than another man would ask, and to progress with the advance of the periodical. This position would enable me to have done with mere drudgery; I should only write when I felt called to do so--when the spirit moved me.' Again he laughed, as though desirous of keeping his listener in good humour. 'My eyes would be greatly spared henceforth.'

He dwelt on that point, waiting its effect on Marian. As she said nothing he proceeded:

'And suppose I really were doomed to lose my sight in the course of a few years, am I wrong in thinking that the proprietor of this periodical would willingly grant a small annuity to the man who had firmly established it?'

'I see the force of all that,' said Marian; 'but it takes for granted that the periodical will be successful.'

'It does. In the hands of a publisher like Jedwood--a vigorous man of the new school--its success could scarcely be doubtful.'

'Do you think five thousand pounds would be enough to start such a review?'

'Well, I can say nothing definite on that point. For one thing, the coat must be made according to the cloth; expenditure can be largely controlled without endangering success. Then again, I think Jedwood would take a share in the venture. These are details. At present I only want to familiarise you with the thought that an investment of this sort will very probably offer itself to you.'

'It would be better if we called it a speculation,' said Marian, smiling uneasily.

Her one object at present was to oblige her father to understand that the suggestion by no means lured her. She could not tell him that what he proposed was out of the question, though as yet that was the light in which she saw it. His subtlety of approach had made her feel justified in dealing with him in a matter-of-fact way. He must see that she was not to be cajoled. Obviously, and in the nature of the case, he was urging a proposal in which he himself had all faith; but Marian knew his judgment was far from infallible. It mitigated her sense of behaving unkindly to reflect that in all likelihood this disposal of her money would be the worst possible for her own interests, and therefore for his. If, indeed, his dark forebodings were warranted, then upon her would fall the care of him, and the steadiness with which she faced that responsibility came from a hope of which she could not speak.

'Name it as you will,' returned her father, hardly suppressing a note of irritation. 'True, every commercial enterprise is a speculation. But let me ask you one question, and beg you to reply frankly. Do you distrust my ability to conduct this periodical?'

She did. She knew that he was not in touch with the interests of the day, and that all manner of considerations akin to the prime end of selling his review would make him an untrustworthy editor.

But how could she tell him this?

'My opinion would be worthless,' she replied.

'If Jedwood were disposed to put confidence in me, you also would?'

'There's no need to talk of that now, father. Indeed, I can't say anything that would sound like a promise.'

He flashed a glance at her. Then she was more than doubtful?

'But you have no objection, Marian, to talk in a friendly way of a project that would mean so much to me?'

'But I am afraid to encourage you,' she replied, frankly. 'It is impossible for me to say whether I can do as you wish, or not.'

'Yes, yes; I perfectly understand that. Heaven forbid that I should regard you as a child to be led independently of your own views and wishes! With so large a sum of money at stake, it would be monstrous if I acted rashly, and tried to persuade you to do the same. The matter will have to be most gravely considered.'

'Yes.' She spoke mechanically.

'But if only it should come to something! You don't know what it would mean to me, Marian.'

'Yes, father; I know very well how you think and feel about it.'

'Do you?' He leaned forward, his features working under stress of emotion. 'If I could see myself the editor of an influential review, all my bygone toils and sufferings would be as nothing; I should rejoice in them as the steps to this triumph. Meminisse juvabit! My dear, I am not a man fitted for subordinate places. My nature is framed for authority.

The failure of all my undertakings rankles so in my heart that sometimes I feel capable of every brutality, every meanness, every hateful cruelty. To you I have behaved shamefully. Don't interrupt me, Marian.

I have treated you abominably, my child, my dear daughter--and all the time with a full sense of what I was doing. That's the punishment of faults such as mine. I hate myself for every harsh word and angry look I have given you; at the time, I hated myself!'

'Father--'

'No, no; let me speak, Marian. You have forgiven me; I know it. You were always ready to forgive, dear. Can I ever forget that evening when I spoke like a brute, and you came afterwards and addressed me as if the wrong had been on your side? It burns in my memory. It wasn't I who spoke; it was the demon of failure, of humiliation. My enemies sit in triumph, and scorn at me; the thought of it is infuriating. Have I deserved this? Am I the inferior of--of those men who have succeeded and now try to trample on me? No! I am not! I have a better brain and a better heart!'

Listening to this strange outpouring, Marian more than forgave the hypocrisy of the last day or two. Nay, could it be called hypocrisy? It was only his better self declared at the impulse of a pa.s.sionate hope.

'Why should you think so much of these troubles, father? Is it such a great matter that narrow-minded people triumph over you?'

'Narrow-minded?' He clutched at the word. 'You admit they are that?'

'I feel very sure that Mr Fadge is.'

'Then you are not on his side against me?'

'How could you suppose such a thing?'

'Well, well; we won't talk of that. Perhaps it isn't a great matter.

No--from a philosophical point of view, such things are unspeakably petty. But I am not much of a philosopher.' He laughed, with a break in his voice. 'Defeat in life is defeat, after all; and unmerited failure is a bitter curse. You see, I am not too old to do something yet. My sight is failing, but I can take care of it. If I had my own review, I would write every now and then a critical paper in my very best style.

You remember poor old Hinks's note about me in his book? We laughed at it, but he wasn't so far wrong. I have many of those qualities. A man is conscious of his own merits as well as of his defects. I have done a few admirable things. You remember my paper on Lord Herbert of Cherbury? No one ever wrote a more subtle piece of criticism; but it was swept aside among the rubbish of the magazines. And it's just because of my pungent phrases that I have excited so much enmity. Wait! Wait! Let me have my own review, and leisure, and satisfaction of mind--heavens! what I will write! How I will scarify!'

'That is unworthy of you. How much better to ignore your enemies!