"Very possibly you guess it. Please then answer it."

"Oh, I don't say I can do that."

"You're intimate with him," she said; "you've a great deal of observation of him."

"Very true. But think how he must dissimulate!"

"Why should he dissimulate? That's not his nature."

"Ah, you must remember that the circumstances are peculiar," said Ralph with an air of private amusement.

"To a certain extent—yes. But is he really in love?"

"Very much, I think. I can make that out."

"Ah!" said Isabel with a certain dryness.

Ralph looked at her as if his mild hilarity had been touched with mystification. "You say that as if you were disappointed."

Isabel got up, slowly smoothing her gloves and eyeing them thoughtfully. "It's after all no business of mine."

"You're very philosophic," said her cousin. And then in a moment: "May I enquire what you're talking about?"

Isabel stared. "I thought you knew. Lord Warburton tells me he wants, of all things in the world, to marry Pansy. I've told you that before, without eliciting a comment from you. You might risk one this morning, I think. Is it your belief that he really cares for her?"

"Ah, for Pansy, no!" cried Ralph very positively.

"But you said just now he did."

Ralph waited a moment. "That he cared for you, Mrs. Osmond."

Isabel shook her head gravely. "That's nonsense, you know."

"Of course it is. But the nonsense is Warburton's, not mine."

"That would be very tiresome." She spoke, as she flattered herself, with much subtlety.

"I ought to tell you indeed," Ralph went on, "that to me he has denied it."

"It's very good of you to talk about it together! Has he also told you that he's in love with Pansy?"

"He has spoken very well of her—very properly. He has let me know, of course, that he thinks she would do very well at Lockleigh."

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