frenzied finance, has yet to find a lodging-place beneath the old
black-and-gold sign that father and uncle nailed up with their own hands
over the entrance.

Nineteen years ago I was graduated from Harvard. My classmate and chum,
Bob Brownley, of Richmond, Va., was graduated with me. He was class poet,
I, yard marshal. We had been four years together at St. Paul's previous to
entering Harvard. No girl and lover were fonder than we of each other.

My people had money, and to spare, and with it a hard-headed, Northern
horse-sense. The Brownleys were poor as church mice, but they had the
brilliant, virile blood of the old Southern oligarchy and the romantic,
"salaam-to-no-one" Dixie-land pride of before-the-war days, when Southern
prodigality and hospitality were found wherever women were fair and men's
mirrors in the bottom of their julep-glasses.

Bob's father, one of the big, white pillars of Southern aristocracy, had
gone through Congress and the Senate of his country to the tune of "Spend
and not spare," which left his widow and three younger daughters and a
small son dependent upon Bob, his eldest.

Many a warm summer's afternoon, as Bob and I paddled down the Charles, and
often on a cold, crispy night as we sat in my shooting-box on the Cape Cod
shore, had we matched up for our future. I was to have the inside run of
the great banking business of Randolph & Randolph, and Bob was eventually
to represent my father's firm on the floor of the Stock Exchange. "I'd die
in an office," Bob used to say, "and the floor of the Stock Exchange is
just the chimney-place to roast my hoe-cake in." So when our college days
were over my able had saddled Bob's youth with the heavy responsibilities
of husbanding and directing his family's slim finances that he took to