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squire’s estate, and about half a million in moneyed investments, inherited on the female side. Both land and money were absolutely at his disposal, unencumbered by entail or settlement. He was a man of a brilliant, irregular genius, of princely generosity, of splendid taste, of a gorgeous kind of pride closely allied to a masculine kind of vanity. As soon as he was of age he began to build, converting his squire’s hall into a ducal palace. He then stood for the county; and in days before the first Reform Bill, when a county election was to the estate of a candidate what a long war is to the debt of a nation. He won the election; he obtained early successes in Parliament. It was said by good authorities in political circles that, if he chose, he might aspire to lead his party, and ultimately to hold the first rank in the government of his country.

That may or may not be true; but certainly he did not choose to take the trouble necessary for such an ambition. He was too fond of pleasure, of luxury, of pomp. He kept a famous stud of racers and hunters. He was a munificent patron of art. His establishments, his entertainments, were on a par with those of the great noble who represented the loftiest (Mr. Vane would not own it to be the eldest) branch of his genealogical tree.

He became indifferent to political contests, indolent in his attendance at the House, speaking seldom, not at great length nor with much preparation, but with power and fire, originality and genius; so that he was not only effective as an orator, but combining with eloquence advantages of birth, person, station, the reputation of patriotic independence, and genial attributes of character, he was an authority of weight in the scales of party.

This gentleman, at the age of forty, married the dowerless daughter of a poor but distinguished naval officer, of noble family, first cousin to the Duke of Alton.

He settled on her a suitable jointure, but declined to tie up any portion of his property for the benefit of children by the marriage. He declared that so much of his fortune was invested either in mines, the produce of which was extremely fluctuating, or in various funds, over rapid transfers in which it was his amusement and his interest to have control, unchecked by reference to trustees, that entails and settlements on children were an inconvenience he declined to incur.

Besides, he held notions of his own as to the wisdom of keeping children dependent on their father. β€œWhat numbers of young men,” said he, β€œare ruined in character and in fortune by knowing that when their father dies they are certain of the same provision, no matter how they displease him; and in the meanwhile forestalling that provision by recourse to usurers.” These arguments might not have prevailed over the bride’s father a year or two later, when, by the death of intervening kinsmen, he became Duke of Alton; but in his then circumstances the marriage itself was so much beyond the expectations which the portionless daughter of a sea-captain has the right to form that Mr. Vane had it all his own way, and he remained absolute master of his whole fortune, save of that part of his landed estate on which his wife’s jointure was settled; and even from this incumbrance he was very soon freed. His wife died in the second year of marriage, leaving an only son,β€”Graham. He grieved for her loss with all the passion of an impressionable, ardent, and powerful nature. Then for a while he sought distraction to his sorrow by throwing himself into public life with a devoted energy he had not previously displayed.

His speeches served to bring his party into power, and he yielded, though reluctantly, to the unanimous demand of that party that he should accept one of the highest offices in the new Cabinet. He acquitted himself well as an administrator, but declared, no doubt honestly, that he felt like Sinbad released from the old man on his back, when, a year or two afterwards, he went out of office with his party. No persuasions could induce him to come in again; nor did he ever again take a very active part in debate. β€œNo,” said he, β€œI was born to the freedom of a private gentleman: intolerable to me is the thraldom of a public servant. But I will bring up my son so that he may acquit the debt which I decline to pay to my country.” There he kept his word. Graham had been carefully educated for public life, the ambition for it dinned into his ear from childhood. In his school vacations his father made him learn and declaim chosen specimens of masculine oratory; engaged an eminent actor to give him lessons in elocution; bade him frequent theatres, and study there the effect which words derive from looks and gesture; encouraged him to take part himself in private theatricals. To all this the boy lent his mind with delight. He had the orator’s inborn temperament; quick, yet imaginative, and loving the sport of rivalry and contest. Being also, in his boyish years, good-humoured and joyous, he was not more a favourite with the masters in the schoolroom than with the boys in the play-ground. Leaving Eton at seventeen, he then entered at Cambridge, and became, in his first term, the most popular speaker at the Union.

But his father cut short his academical career, and decided, for reasons of his own, to place him at once in diplomacy. He was attached to the Embassy at Paris, and partook of the pleasures and dissipations of that metropolis too keenly to retain much of the sterner ambition to which he had before devoted himself. Becoming one of the spoiled darlings of fashion, there was great danger that his character would relax into the easy grace of the Epicurean, when all such loiterings in the Rose Garden were brought to abrupt close by a rude and terrible change in his fortunes.

His father was killed by a fall from his horse in hunting; and when his affairs were investigated, they were found to be hopelessly involved: apparently the assets would not suffice for the debts. The elder Vane himself was probably not aware of the extent of his liabilities. He had never wanted ready money to the last. He could always obtain that from a money-lender, or from the sale of his funded investments. But it became obvious, on examining his papers, that he knew at least how impaired would be the heritage he should bequeath to a son whom he idolized. For that reason he had given Graham a profession in diplomacy, and for that reason he had privately applied to the Ministry for the Viceroyalty of India, in the event of its speedy vacancy. He was eminent enough not to anticipate refusal, and with economy in that lucrative post much of his pecuniary difficulties might have been redeemed, and at least an independent provision secured for his son.

Graham, like Alain de Rochebriant, allowed no reproach on his father’s memory; indeed, with more reason than Alain, for the elder Vane’s fortune had at least gone on no mean and frivolous dissipation.

It had lavished itself on encouragement to art, on great objects of public beneficence, on public-spirited aid of political objects; and even in more selfish enjoyments there was a certain grandeur in his princely hospitalities, in his munificent generosity, in a warm-hearted carelessness for money. No indulgence in petty follies or degrading vices aggravated the offence of the magnificent squanderer.

β€œLet me look on my loss of fortune as a gain to myself,” said Graham, manfully. β€œHad I been a rich man, my experience of Paris tells me that I should most likely have been a very idle one. Now that I have no gold, I must dig in myself for iron.”

The man to whom he

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