"If that is so," said Philip, "let me advise you to sell half of it, at once. The sum received will cover your liabilities, and the half you retain, as a venture, will give you no further anxiety."
"I had thought of that; yet I am sure that my father-in-law will oppose such a step with all his might. You must know him, Philip; tell me, frankly, your opinion of his character."
"Blessing belongs to a class familiar enough to me," Philip answered; "yet I doubt whether you will comprehend it. He is a swaggering, amiable, magnificent adventurer; never purposely dishonest, I am sure, yet sometimes engaged in transactions that would not bear much scrutiny. His life has been one of ups and downs. After a successful speculation, he is luxurious, open-handed, and absurdly self-confident; his success is soon flung away: he then good-humoredly descends to poverty, because he never believes it can last long. He is unreliable, from his over-sanguine temperament; and yet this very temperament gives him a certain power and influence. Some of our best men are on familiar terms with him. They are on their guard against his pecuniary approaches, they laugh at his extravagant schemes, but they now and then find him useful. I heard Gray, the editor, once speak of him as a man 'filled with available enthusiasms,' and I guess that phrase hits both his strength and his weakness."
On the whole, Joseph felt rather relieved than disquieted. The heart was lighter in his breast as he mounted his horse and rode homewards.
Philip slowly walked forwards, yielding his mind to thoughts wherein Joseph was an important but not the principal figure. Was there a positive strength, he asked him-
