Nothing could be more satisfactory than the annual report summarised by Principal Nares, whose mellifluous voice and daintily pedantic utterance fell upon expectant hearing with the impressiveness of personal compliment. So delivered, statistics partook of the grace of culture; details of academic organisation acquired something more than secular significance. In this the ninth year of its existence, Whitelaw College was flourishing in every possible way. Private beneficence had endowed it with new scholarships and exhibitions; the scheme of lectures had been extended; the number of its students steadily increased, and their successes in the field of examination had been noteworthy beyond precedent. Truly, the heart of their founder, to whom honour had this day been rendered, must have gladdened if he could but have listened to the story of dignified progress! Applause, loud and long, greeted the close of the address. Buckland Warricombe was probably the only collegian who disdained to manifest approval in any way.

'Why don't you clap?' asked his sister, who, girl-like, was excited to warmth of cheek and brightness of eye by the enthusiasm about her.

'That kind of thing is out of date,' replied the young man, thrusting his hands deep into his pockets.

As Professor of Logic and Moral Philosophy, Dr Nares began the distribution of prizes. Buckland, in spite of his resolve to exhibit no weakness, waited with unmistakable tremor for the announcement of the leading name, which might possibly be his own. A few words of comment prefaced the declaration:—never had it been the Professor's lot to review more admirable papers than those to which he had awarded the first prize. The name of the student called upon to come forward was—Godwin Peak.

'Beaten!' escaped from Buckland's lips.

Mrs. Warricombe glanced at her son with smiling sympathy; Sidwell, whose cheek had paled as her nerves quivered under the stress of expectancy, murmured a syllable of disappointment; Mr. Warricombe set his brows and did not venture to look aside. A moment, and all eyes were directed upon the successful student, who rose from a seat half-way down the hall and descended the middle passage towards the row of Professors. He was a young man of spare figure and unhealthy complexion, his age not easily conjectured. Embarrassment no doubt accounted for much of the awkwardness of his demeanour; but, under any circumstances, he must have appeared ungainly, for his long arms and legs had outgrown their garments, which were no fashionable specimens of tailoring. The nervous gravity of his countenance had a peculiar sternness; one might have imagined that he was fortifying his self-control with scorn of the elegantly clad people through whom he passed. Amid plaudits, he received from the hands of the Principal a couple of solid volumes, probably some standard work of philosophy, and, thus burdened, returned with hurried step to his place.

'No one expected that,' remarked Buckland to his father. 'He must have crammed furiously for the exam. It's outside his work for the First B.A.'

'What a shame!' Sidwell whispered to her mother; and the reply was a look which eloquently expressed Mrs. Warricombe's lack of sympathy with the victor.

But a second prize had been awarded. As soon as silence was restored, the Principal's gracious voice delivered a summons to 'Buckland Martin Warricombe.' A burst of acclamation, coming especially from that part of the amphitheatre where Whitelaw's nurslings had gathered in greatest numbers, seemed to declare the second prizeman distinctly more popular than the first. Preferences of this kind are always to be remarked on such occasions.

'Second prize be hanged!' growled the young man, as, with a flush of shame on his ruddy countenance, he set forth to receive the honour, leaving Mr. Warricombe convulsed with silent laughter.

'He would far rather have had nothing at all,' murmured Sidwell, who shared her brother's pique and humiliation.

'Oh, it'll do him good,' was her father's reply. 'Buckland has got into a way of swaggering.'

Undeniable was the swagger with which the good-looking, breezy lad went and returned.

'What is the book?' inquired Mr. Warricombe.

'I don't know.—Oh, Mill's Logic. Idiotic choice! They might have known I had it already.'

'They clap him far more than they did Mr. Peak,' Sidwell whispered to her mother, with satisfaction.

Buckland kept silence for a few minutes, then muttered:

'There's nothing I care about now till Chemistry and Geology. Here comes old Wotherspoon. Now we shall know who is strongest in second aorists. I shouldn't wonder if Peak takes both Senior Greek and Latin. I heartily hope he'll beat that ass Chilvers.'

But the name so offensive to young Warricombe was the first that issued from the Professor's lips. Beginning with the competition for a special classical prize, Professor Wotherspoon announced that the honours had fallen to 'Bruno Leathwaite Chilvers.'

'That young man is not badly supplied with brains, say what you will,' remarked Mr. Warricombe.

Upon Bruno Leathwaite Chilvers keen attention was directed; every pair of female eyes studied his graces, and female hands had a great part in the applause that greeted his arising. Applause different in kind from that hitherto bestowed; less noisy, but implying, one felt, a more delicate spirit of commendation. With perfect self-command, with singular facial decorum, with a walk which betokened elegant athleticism and safely skirted the bounds of foppery, Mr. Chilvers discharged the duty he was conscious of owing to a multitude of kinsfolk, friends, admirers. You would have detected something clerical in the young man's air. It became the son of a popular clergyman, and gave promise of notable aptitude for the sacred career to which Bruno Leathwaite, as was well understood, already had designed himself. In matters sartorial he presented a high ideal to his fellow-students; this seemly attention to externals, and the delicate glow of health discernible through the golden down of his cheeks, testified the compatibility of hard study and social observances. Bruno had been heard to say that the one thing it behoved Whitelaw to keep carefully in mind was the preservation of 'tone', a quality far less easy to cultivate than mere academic excellence.

'How clever he must be!' purred Mrs. Warricombe. 'If he lives, he will some day be an archbishop.'

Buckland was leaning back with his eyes closed, disgusted at the spectacle. Nor did he move when Professor Wotherspoon's voice made the next announcement.

'In Senior Greek, the first prize is taken by—Bruno Leathwaite Chilvers.'

'Then I suppose Peak comes second,' muttered Buckland.

So it proved. Summoned to receive the inferior prize, Godwin Peak, his countenance harsher than before, his eyes cast down, moved ungracefully to the estrade. And during the next half-hour this twofold exhibition was several times repeated. In Senior Latin, in Modern and Ancient History, in English Language and Literature, in French, first sounded the name of Chilvers, whilst to the second award was invariably attached that of Peak. Mrs. Warricombe's delight expressed itself in every permissible way: on each occasion she exclaimed, 'How clever he is!' Sidwell cast frequent glances at her brother, in whom a shrewder eye could have divined conflict of feelings—disgust at the glorification of Chilvers and involuntary pleasure in the successive defeats of his own conqueror in Philosophy. Buckland's was by no means an ignoble face; venial malice did not ultimately prevail in him.

'It's Peak's own fault,' he declared at length, with vexation. 'Chilvers stuck to the subjects of his course. Peak has been taking up half-a-dozen extras, and they've done for him. I shouldn't wonder if he went in for the Poem and the Essay: I know he was thinking about both.'

Whether Godwin Peak had or had not endeavoured for these two prizes remained uncertain. When, presently, the results of the competition were made known, it was found that in each case the honour had fallen to a young man hitherto undistinguished. His name was John Edward Earwaker. Externally he bore a sort of generic resemblance to Peak, for his face was thin and the fashion of his clothing indicated narrow means.

'I never heard you mention him,' said Mr. Warricombe, turning to his son with an air of surprise.

'I scarcely know him at all; he's only in one or two of my classes. Peak is thick with him.'

The subject of the prize poem was 'Alaric'; that of the essay, 'Trades Unionism'. So it was probable that John Edward Earwaker did not lack versatility of intellect.

On the rising of the Professor of Chemistry, Buckland had once more to subdue signs of expectancy. He knew he had done good papers, but his confidence in the result was now clouded by a dread of the second prize—which indeed fell to him, the first being taken by a student of no account save in this very special subject. Keen was his mortification; he growled, muttered, shrugged his shoulders nervously.

'If I had foreseen this, you'd never have caught me here,' was his reply, when Sidwell whispered consolation.

There still remained a chance for him, signalled by the familiar form of Professor Gale. Geology had been a lifelong study with Martin Warricombe, and his son pursued it with hereditary aptitude. Sidwell and her mother exchanged a look of courageous hope; each felt convinced that the genial Professor could not so far disregard private feeling as to place Buckland anywhere but at the head of the class.

'The results of the examination are fairly good; I'm afraid I can't say more than that,' thus rang out Mr. Gale's hearty voice. 'As for the first two names on my list, I haven't felt justified in placing either before the other. I have bracketed them, and there will be two prizes. The names are—Godwin Peak and Buckland Martin Warricombe.'

'He might have mentioned Buckland first,' murmured Mrs. Warricombe, resentfully.

'He of course gave them out in alphabetical order,' answered her husband.

'Still, it isn't right that Buckland should come second.'

'That's absurd,' was the good-natured reply.

The lady of course remained unconvinced, and for years she nourished a pique against Professor Gale, not so much owing to his having bracketed her son as because the letter P has alphabetical precedence of W.

In what remained of the proceedings the Warricombes had no personal interest. For a special reason, however, their attention was excited by the rising of Professor Walsh, who represented the science of Physics. Early in the present year had been published a speculative treatise which, owing to its supposed incompatibility with Christian dogmas, provoked much controversy and was largely discussed in all educated circles. The work was anonymous, but a rumour which gained general currency attributed it to Professor Walsh. In the year 1874 an imputation of religious heresy was not lightly to be incurred by a Professor—even Professor of Physics—at an English college. There were many people in Kingsmill who considered that Mr. Walsh's delay in repudiating so grave a charge rendered very doubtful the propriety of his retaining the chair at Whitelaw. Significant was the dispersed applause which followed slowly upon his stepping forward to-day; on the Professor's face was perchance legible something like a hint of amused defiance. Ladies had ceased to beam; they glanced meaningly at one another, and then from under their eyelids at the supposed heretic.

'A fine fellow, Walsh!' exclaimed Buckland, clapping vigorously.

His father smiled, but with some uneasiness. Mrs. Warricombe whispered to Sidwell:

'What a very disagreeable face! The only one of the Professors who doesn't seem a gentleman.'

The girl was aware of dark reports affecting Mr. Walsh's reputation. She hazarded only a brief examination of his features, and looked at the applauding Buckland with alarm.

'His lectures are splendid,' said her brother, emphatically. 'If I were going to be here next session, I should take them.'

For some minutes after the Professor's return to his seat a susurration was audible throughout the hall; bonnets bent together, and beards exchanged curt comments.

The ceremony, as is usual with all ceremonies, grew wearisome before its end. Buckland was deep in one of the chapters of his geologic prize when the last speaker closed the last report and left the assembly free to disperse. Then followed the season of congratulations: Professors, students, and the friendly public mingled in a conversazione. A nucleus of vivacious intercourse formed at the spot where young Mr. Chilvers stood amid trophies of examinational prowess. When his numerous relatives had all shaken hands with him, and laughed, smiled, or smirked their felicitations, they made way for the press of eager acquaintances. His prize library was reverently surveyed, and many were the sportive sallies elicited by the victor's obvious inability to carry away what he had won. Suavely exultant, ready with his reply to every flattering address, Bruno Chilvers exhibited a social tact in advance of his years: it was easy to imagine what he would become when Oxford terms and the seal of ordination had matured his youthful promise.

At no great distance stood his competitor, Godwin Peak embarrassed, he also, with wealth of spoils; but about this young man was no concourse of admiring kinsfolk. No lady offered him her hand or shaped compliments for him with gracious lips. Half-a-dozen fellow-students, among them John Earwaker, talked in his vicinity of the day's results. Peak's part in the gossip was small, and when he smiled it was in a forced, anxious way, with brief raising of his eyes. For a moment only was the notice of a wider circle directed upon him when Dr Nares, moving past with a train of colloquial attendants, turned aside to repeat his praise of the young man's achievements in Philosophy: he bestowed a kindly shake of the hand, and moved on.

The Warricombe group descended, in purposeless fashion, towards the spot where Chilvers held his court. Their personal acquaintance with Bruno and his family was slight, and though Mrs. Warricombe would gladly have pushed forward to claim recognition, natural diffidence restrained her. Sidwell kept in the rear, risking now and then a glance of vivid curiosity on either hand. Buckland, striving not to look petulant or sullen, allowed himself to be led on; but when he became aware of the tendency Bruno-wards, a protest broke from him.

'There's no need to swell that fellow's conceit. Here, father, come and have a word with Peak; he looks rather down in the mouth among his second prizes.'

Mr. Warricombe having beckoned his companions, they reluctantly followed to the more open part of the hall.

'It's very generous of Buckland,' fell from the lady's lips, and she at length resolved to show an equal magnanimity. Peak and Earwaker were conversing together when Buckland broke in upon them with genial outburst.

'Confound it, Peak! what do you mean by getting me stuck into a bracket?'

'I had the same question to as you,' returned the other, with a grim smile.

Mr. Warricombe came up with extended hand.