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Hathaway," explained Captain Stidger, naively oblivious of any discourtesy on their part, as he followed Hathaway's glance and took his arm as they moved away. "Not the least of our treasures, sir. Most of them daughters of pioneers--and all Californian bred and educated. Connoisseurs have awarded them the palm, and declare that for Grace, Intelligence, and Woman's Highest Charms the East cannot furnish their equal!" Having delivered this Parthian compliment in an oratorical passage through the doorway, the captain descended, outside, into familiar speech. "But I suppose you will find that out for yourself if you stay here long. San Francisco might furnish a fitting bride to California's youngest senator.""I am afraid that my stay here must be brief, and limited to business," said Hathaway, who had merely noticed that the principal girl was handsome and original-looking. "In fact, I am here partly to see an old acquaintance--Colonel Pendleton."The three men looked at each other curiously. "Oh! Harry Pendleton," said Mr. Hoskins, incredulously "You don't know HIM?""An old pioneer--of course," interposed Shear, explanatorily and apologetically. "Why, in Paul's time the colonel was a big man here.""I understand the colonel has been unfortunate," said Hathaway, gravely; "but in MY time he was President of the El Dorado Bank.""And the bank hasn't got through its settlement yet," said Hoskins "I hope YOU ain't expecting to get anything out of it?""No," said Hathaway, smiling; "I was a boy at that time, and lived up to my salary. I know nothing of his bank difficulties, but it always struck me that Colonel Pendleton was himself an honorable man.""It ain't that," said Captain Stidger energetically, "but the trouble with Harry Pendleton is that he hasn't grown with the State, and never adjusted himself to it. And he won't. He thinks the Millennium was between the fall of '49 and the spring of '50, and after that everything dropped. He belongs to the old days, when a man's simple WORD was good for any amount if you knew him;and they say that the old bank hadn't a scrap of paper for half that was owing to it. That was all very well, sir, in '49 and '50, and--Luck; but it won't do for '59 and '60, and--Business! And the old man can't see it.""But he is ready to fight for it now, as in the old time," said Mr.

Slate, "and that's another trouble with his chronology. He's done more to keep up dueling than any other man in the State, and don't know the whole spirit of progress and civilization is against it."It was impossible to tell from Paul Hathaway's face whether his sympathy with Colonel Pendleton's foibles or his assent to the criticisms of his visitors was the truer. Both were no doubt equally sincere. But the party was presently engaged in the absorption of refreshment, which, being of a purely, spirituous and exhilarating quality, tended to increase their good humor with the host till they parted. Even then a gratuitous advertisement of his virtues and their own intentions in calling upon him was oratorically voiced from available platforms and landings, in the halls and stairways, until it was pretty well known throughout the Golden Gate Hotel that the Hon. Mr. Paul Hathaway had arrived from Sacramento and had received a "spontaneous ovation."Meantime the object of it had dropped into an easy-chair by the window of his room, and was endeavoring to recall a less profitable memory. The process of human forgetfulness is not a difficult one between the ages of eighteen and twenty-six, and Paul Hathaway had not only fulfilled the Mayor's request by forgetting the particulars of a certain transfer that he had witnessed in the Mayor's office, but in the year succeeding that request, being about to try his fortunes in the mountains, he had formally constituted Colonel Pendleton to act as his proxy in the administration of Mrs. Howard's singular Trust, in which, however, he had never participated except yearly to sign his name. He was, consequently, somewhat astonished to have received a letter a few days before from Colonel Pendleton, asking him to call and see him regarding it.

He vaguely remembered that it was eight years ago, and eight years had worked considerable change in the original trustees, greatest of all in his superior officer, the Mayor, who had died the year following, leaving his trusteeship to his successor in office, whom Paul Hathaway had never seen. The Bank of El Dorado, despite Mrs.

Howard's sanguine belief, had long been in bankruptcy, and, although Colonel Pendleton still survived it, it was certain that no other president would succeed to his office as trustee, and that the function would lapse with him. Paul himself, a soldier of fortune, although habitually lucky, had only lately succeeded to a profession--if his political functions could be so described. Even with his luck, energy, and ambition, while everything was possible, nothing was secure. It seemed, therefore, as if the soulless official must eventually assume the duties of the two sympathizing friends who had originated them, and had stood in loco parentis to the constructive orphan. The mother, Mrs. Howard, had disappeared a year after the Trust had been made--it was charitably presumed in order to prevent any complications that might arise from her presence in the country. With these facts before him, Paul Hathaway was more concerned in wondering what Pendleton could want with him than, I fear, any direct sympathy with the situation. On the contrary, it appeared to him more favorable for keeping the secret of Mrs. Howard's relationship, which would now die with Colonel Pendleton and himself; and there was no danger of any emotional betrayal of it in the cold official administration of a man who had received the Trust through the formal hands of successive predecessors. He had forgotten the time limited for the guardianship, but the girl must soon be of age and off their hands.