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From the risk of being reduced to an actual standstill he knew he was exempt. The point from which the wind blew, light as it was, assured him of that. Still the mist was thick enough seriously to embarrass him. It had overtaken him as he was looking down upon the lake; and he now looked to his left, to try whether in that direction it was too thick to permit a view of the nearest landmarks. Through this white film he saw a figure standing only about five-and-twenty steps away, looking down, as it seemed, in precisely the same direction as he, quite motionless, and standing like a shadow projected upon the smoky vapour. It was the figure of a slight tall man, with his arm extended, as if pointing to a remote object, which no mortal eye certainly could discern through the mist. Sir Bale gazed at this figure, doubtful whether he were in a waking dream, unable to conjecture whence it had come; and as he looked, it moved, and was almost instantly out of sight.

He descended the mountain cautiously. The mist was. now thinner, and through the haze he was beginning to see objects more distinctly, and, without danger, to proceed at a quicker pace. He had still a long walk by the uplands towards Mardykes Hall, before he descended to the level of the lake.

The mist was still quite thick enough to circumscribe his view and to hide the general features of the landscape; and well was it, perhaps, for Sir Bale that his boyhood had familiarised him with the landmarks on the mountain-side.

He had made nearly four miles on his solitary homeward way, when, passing under a ledge of rock which bears the name of the Cat's Skaitch, he saw the same figure in the short cloak standing within some thirty or forty yards of him-the thin curtain of mist, through which the moonlight touched it, giving to it an airy and unsubstantial character.

Sir Bale came to a standstill. The man in the short cloak nodded and drew back, and was concealed by the angle of the rock.

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Sir Bale was now irritated, as men are after a start, and shouting to the stranger to halt, he slapped' after him, as the northern phrase goes, at his best pace. But again he was gone, and nowhere could he see him, the mist favouring his evasion.

Looking down the fells that overhang Mardykes Hall, the mountain-side dips gradually into a glen, which, as it descends, becomes precipitous and wooded. A footpath through this ravine conducts the wayfarer to the level ground that borders the lake; and by this dark pass Sir Bale Mardykes strode, in comparatively clear air, along the rocky path dappled with moonlight.

As he emerged upon the lower ground he again encountered the same figure. It approached. It was Philip Feltram.

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CHAPTER XIV.

A NEW PHILIP FELTRAM.

THE Baronet had not seen Feltram since his strange escape from death. His last interview with him had been stern and threatening; Sir Bale dealing with appearances in the spirit of an incensed judge, Philip Feltram lamenting in the submission of a helpless despair.

Feltram was full in the moonlight now, standing erect, and smiling cynically on the Baronet.

There was that in the bearing and countenance of Feltram that disconcerted him more than the surprise of the sudden meeting.

He had determined to meet Feltram in a friendly way, whenever that not very comfortable interview became inevitable. But he was confused by the suddenness of Feltram's appearance; and the tone, cold and stern, in which he had last spoken to him came first, and he spoke in it after a brief silence.

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'I fancied, Mr. Feltram, you were in your bed; I little expected to find you here. I think the Doctor gave very particular directions, and said that you were to remain perfectly quiet.'

'But I know more than the Doctor,' replied Feltram, still smiling unpleasantly.

'I think, sir, you would have been better in your bed,' said Sir Bale loftily.

'Come, come, come, come!' exclaimed Philip Feltram contemptuously.

It seems to me, sir,' said Sir Bale, a good deal astonished, 'you rather forget yourself.'

Easier to forget oneself than to forgive others, at times, Sir Bale,' replied Philip Feltram in his unparalleled mood.

That's the way fools knock themselves up,' continued Sir Bale. 'You've been walking ever so far-away to the Fells of Golden Friars. It was you whom I saw there. What d-d folly! What brought you there ?'

To observe you,' he replied.

And have you walked the whole way there and back again? How did you get there?'

'Pooh! how did I come-how did you come-how did the fog come ? From the lake, I suppose. We all come up, and then So spoke Philip Feltram, with serene insolence.

down.'

You are pleased to talk nonsense,' said Sir Bale. 'Because I like it-with a meaning.'

Sir Bale looked at him, not knowing whether to believe his eyes and ears. He did not know what to make of him.

I had intended speaking to you in a conciliatory way; you seem to wish to make that impossible'-Philip Feltram's face wore its re

pulsive smile;

and in fact I don't know what to make of you, unless you are ill; and ill you well may be. You can't have walked much less than twelve miles.'

'Wonderful effort for me!' said Feltram with the same sneer. 'Rather surprising for a man so nearly drowned,' answered Sir Bale Mardykes.

A dip: you don't like the lake, sir; but I do. And so it is: as Antaeus touched the earth, so I the water, and rise refreshed.' 'I think you'd better get in and refresh there. I meant to tell you that all the unpleasantness about that bank-note is over.'

'Is it ?'

'Yes.

It has been recovered by Mr. Creswell, who came here last night. I've got it, and you're not to blame,' said Sir Bale. 'But some one is to blame,' observed Mr. Feltram, smiling still. Well, you are not, and that ends it,' said the Baronet peremptorily.

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Ends it? Really, how good! how very good!'

Sir Bale looked at him, for there was something ambiguous and even derisive in the tone of Feltram's voice.

But before he could quite make up his mind, Feltram spoke again.

Everything is settled about you and me?'

There is nothing to prevent your staying at Mardykes now,' said Sir Bale graciously.

'I shall be with you for two years, and then I go on my travels,' answered Feltram, with a saturnine and somewhat wild look around him.

'Is he going mad?' thought the Baronet.

But before I go, I'm to put you in a way of paying off your mortgages. That is my business here.'

Sir Bale looked at him sharply. But now there was not the unpleasant smile, but the darkened look of a man in secret pain. 'You shall know it by and by.'

And without more ceremony, and with a darkening face, Philip Feltram made his way under the boughs of the thick oaks that grew there, leaving on Sir Bale's mind an impression that he had been watching some one at a distance, and had gone in consequence of a signal.

In a few seconds he followed in the same direction, halloaing after Feltram; for he did not like the idea of his wandering about the country by moonlight, or possibly losing his life among the precipices, and bringing a new discredit upon his house. But no answer came; nor could he in that thick copse gain sight of him again.

When Sir Bale reached Mardykes Hall he summoned Mrs. Julaper, and had a long talk with her. But she could not say that there appeared anything amiss with Philip Feltram; only he seemed

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