but Bailey's newly found freedom was also a factor in the developments

of the firm's operations. If you keep a dog, a dog with a high sense of

his abilities and importance, tied up and muzzled for a length of time

and then abruptly set it free the chances are that it will celebrate

its freedom. This had happened in the case of Bailey.

Just as her father's money had caused Ruth to plunge into a whirl of

pleasures which she did not really enjoy, merely for the novelty of it,

so the death of John Bannister and his own consequent accession to the

throne had upset Bailey's balance and embarked him on an orgy of

speculation quite foreign to his true nature. All their lives Ruth and

Bailey had been repressed by their father, and his removal had

unsteadied them.

Bailey, on whom the shadow of the dead man had pressed particularly

severely, had been quite intoxicated by sudden freedom. He had been a

cipher in the firm of Bannister & Son. In the firm of Bannister & Co.

he was an untrammelled despot. He did that which was right in his own

eyes, and there was no one to say him nay.

It was true that veteran members of the firm, looking in the glass,

found white hairs where no white hairs had been and wrinkles on

foreheads which, under the solid rule of old John Bannister, had been

smooth; but it would have taken more than these straws to convince

Bailey that the wind which was blowing was an ill-wind. He had

developed in a day the sublime self-confidence of a young Napoleon. He

was all dash and enterprise, the hurricane fighter of Wall Street.

With these private interests to occupy him, it is surprising that he

should have found time to take the affairs of Ruth and Kirk in hand.

But he did.

For some time he had watched the widening gulf between them with pained

solicitude. He disliked Kirk personally; but that did not influence

him. He conceived it to be his duty to suppress private prejudices.

Duty seemed to call him to go to Kirk's aid and smooth out his domestic

difficulties.

What urged him to this course more than anything else was Ruth's

growing intimacy with Basil Milbank; for, in the period which had

elapsed since the conversation recorded earlier in the story, when Kirk

had first made the other's acquaintance, the gifted Basil had become a

very important and menacing figure in Ruth's life.

To Ruth, as to most women, his gifts were his attraction. He danced

well; he talked well; he did everything well. He appealed to a side of

Ruth's nature which Kirk scarcely touched, a side which had only come

into prominence in the last year.

His manner was admirable. He suggested sympathy without expressing it.

He could convey to Ruth that he thought her a misunderstood and

neglected wife while talking to her about the weather. He could make

his own knight-errant attitude toward her perfectly plain without

saying a word, merely by playing soft music to her on the piano; for he

had the gift of saying more with his finger-tips than most men could

have said in a long speech carefully rehearsed.

Kirk's inability to accompany Ruth into her present life had given

Basil his chance. Into the gap which now lay between them he had

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