“No, no, father.  By to-morrow you will have changed your mind.  Let us have it now.  I want to know how much we really owe, and what we have got to live on.”

The old gentleman hummed and hawed a little, and after various indications of impatience at last began: 

“Well, as you know, our family has for some generations depended upon the land.  Your dear mother brought a small fortune with her, five or six thousand pounds, but that, with the sanction of her trustees, was expended upon improvements to the farms and in paying off a small mortgage.  Well, for many years the land brought in about two thousand a year, but somehow we always found it difficult to keep within that income.  For instance, it was necessary to repair the gateway, and you have no idea of the expense in which those repairs landed me.  Then your poor brother James cost a lot of money, and always would have the shooting kept up in such an extravagant way.  Then he went into the army, and heaven only knows what he spent there.  Your brother was very extravagant, my dear, and well, perhaps I was foolish; I never could say him no.  And that was not all of it, for when the poor boy died he left fifteen hundred pounds of debt behind him, and I had to find the money, if it was only for the honour of the family.  Of course you know that we cut the entail when he came of age.  Well, and then these dreadful times have come upon the top of it all, and upon my word, at the present moment I don’t know which way to turn,” and he paused and drummed his fingers uneasily upon a book.

“Yes, father, but you have not told me yet what it is that we owe.”

“Well, it is difficult to answer that all in a minute.  Perhaps twenty-five thousand on mortgage, and a few floating debts.”

“And what is the place worth?”

“It used to be worth between fifty and sixty thousand pounds.  It is impossible to say what it would fetch now.  Land is practically a drug in the market.  But things will come round, my dear.  It is only a question of holding on.

“Then if you borrow a fresh sum in order to take up this farm, you will owe about thirty thousand pounds, and if you give five per cent., as I suppose you do, you will have to pay fifteen hundred a year in interest.  Now, father, you said that in the good times the land brought in two thousand a year, so, of course, it can’t bring in so much now.  Therefore, by the time that you have paid the interest, there will be nothing, or less than nothing, left for us to live on.”

Her father winced at this cruel and convincing logic.

“No, no,” he said, “it is not so bad as that.  You jump to conclusions, but really, if you do not mind, I am very tired, and should like to go to bed.”