THE Marshalls were always at home to their friend on Friday afternoons, and there were already several guests in the beautiful, quaint old drawing-room when the quartet entered. Mrs. Marshall, her white hair looking lovely under her soft lace cap, came forward to meet her visitors. Her kind eyes looked with appreciation and welcome at one and all. Blushing and shame-faced Prissie received a pleasant word of greeting, which seemed in some wonderful way to steady her nerves. Hammond and Maggie were received as special and very dear friends, and Helen Marshall, the old lady's pretty grand-daughter, rushed forward to embrace her particular friend, Constance Field.

Maggie felt sore; she scarcely knew why. Her voice was bright, her eyes shining, her cheeks radiant in their rich and lovely bloom. But there was a quality in her voice which Hammond recognized— a certain ring which meant defiance and which prophesied to those who knew her well that one of her bad half-hours was not very far off.

Maggie seated herself near a girl who was a comparative stranger and began to talk. Hammond drew near and made a third in the conversation. Maggie talked in the brilliant, somewhat reckless fashion which she occasionally adopted. Hammond listened, now and then uttered a short sentence, now and then was silent, with disapproval in his eyes.

Maggie read their expression like a book.

"He shall be angry with me," she said to herself. Her words became a little wilder. The sentiments she uttered were the reverse of those Hammond held.

Soon a few old friends came up. They were jolly, merry, good-humored girls, who were all prepared to look up to Maggie Oliphant and to worship her beauty and cleverness if she would allow them. Maggie welcomed the girls with effusion, let them metaphorically sit at her feet and proceeded to disenchant them as hard as she could.

Some garbled accounts of the auction at St. Benet's had reached them, and they were anxious to get a full report from Miss Oliphant. Did she not think it a scandalous sort of thing to have occurred?

"Not at all," answered Maggie in her sweetest tones; "it was capital fun, I assure you."

"Were you really there?" asked Miss Duncan, the eldest of the girls. "We heard it, of course, bur could scarcely believe it possible."

"Of course I was there," replied Maggie. "Whenever there is something really amusing going on, I am always in the thick of it."

"Well!" Emily Duncan looked at her sister Susan. Susan raised her brows. Hammond took a photograph from a table which stood near and pretended to examine it.

"Shall I tell you about the auction?" asked Maggie.

"Oh, please, if you would be so kind. I suppose, as you were present, such a thing could not really lower the standard of the college?" These words came from Susan Duncan, who looked at Hammond as she spoke. She was his cousin and very fond of him.

"Please tell us about the auction," he said, looking full at Maggie.

"I will," she replied, answering his gaze with a flash of repressed irritation. "The auction was splendid fun! One of our girls was in debt, and she had to sell her things. Oh, it was capital! I wish you could have seen her acting as her own auctioneer. Some of us were greedy and wanted her best things. I was one of those. She sold a sealskin jacket, an expensive one, quite new. There is a legend in the college that eighty guineas were expended on it. Well, I bid for the sealskin and it was knocked down to me for ten. It is a little too big for me, of course, but when it is cut to my figure, it will make a superb winter garment."

Maggie was clothed now in velvet and sable; nothing could be richer than her attire; nothing more mocking than her words.

"You were fortunate," said Susan Duncan. "You got your sealskin at a great bargain. Didn't she, Geoffrey?"

"I don't think so," replied Hammond.

"Why not? Oh, do tell us why not," cried the sisters eagerly.

He bowed to them, laughed as lightly as Maggie would have done and said in a careless tone: "My reasons are complex and too many to mention. I will only say now that what is objectionable to possess can never be a bargain to obtain. In my opinion, sealskin jackets are detestable."

With these words he strode across the room and seated himself with a sigh of relief by Priscilla's side.

"What are you doing all by yourself?" he said cheerfully. "Is no one attending to you? Are you always to be left like a poor little forsaken mouse in the background?"

"I am not at all lonely," said Prissie.

"I thought you hated to be alone."

"I did, the other day, in that drawing-room; but not in this. People are all kind in this."

"You are right. Our hostess is most genial and sympathetic."

"And the guests are nice, too," said Prissie; "at least, they look nice."

"Ay, but you must not be taken in by appearances. Some of them only look nice."

"Do you mean—" began Prissie in her abrupt, anxious voice.

Hammond took alarm. He remembered her peculiar outspok............