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SELLERS' VIEWS OF THE COUNTRY AND LAURA.

only one product. Base it on everything! You've got to do something for the West. How am I to move my crops? We must have improvements. Grant's got the idea. We want a canal from the James River to the Mississippi. Government ought to build it."

It was difficult to get the Colonel off from these large themes when he was once started, but Philip brought the conversation round to Laura and her reputation in the City.

"No," he said, "I haven't noticed much. We've been so busy about this University. It will make Laura rich with the rest of us, and she has done nearly as much as if she were a man. She has great talent, and will make a big match. I see the foreign ministers and that sort after her. Yes, there is talk, always will be about a pretty woman so much in public as she is. Tough stories come to me, but I put 'em away. 'Taint likely one of Si. Hawkins's children would do that—for she is the same as a child of his. I told her, though, to go slow," added the Colonel, as if that mysterious admonition from him would set everything right.

"Do you know anything about a Col. Selby?"

"Know all about him. Fine fellow. But he's got a wife; and I told him, as a friend, he'd better sheer off from Laura. I reckon he thought better of it and did."

But Philip was not long in learning the truth. Courted as Laura was by a certain class and still admitted into society, that, nevertheless, buzzed with disreputable stories about her, she had lost character with the best people. Her intimacy with Selby was open gossip, and there were winks and thrustings of the tongue in any group of men when she passed by. It was clear enough that Harry's delusion must be broken up, and that no such feeble obstacle as his passion could interpose would turn Laura from her fate. Philip determined to see her, and put himself in possession of the truth, as he suspected it, in order to show Harry his folly.

Laura, after her last conversation with Harry, had a new sense of her position. She had noticed before the signs of a