"
Josephine glanced at the clock.
"Will you forgive my saying that up to the present you have not offered
me any sufficient explanation as to the reason for your visit?"
"I was coming to it," he assured her. "To tell you the truth, you've
rather cut the ground away from under my feet, I was coming to tell you
that Lord Dredlinton had drawn money from the company to which he was not
entitled, besides having overdrawn his salary to a considerable extent.
The cashier has pointed out to me serious irregularities. I came to you
to know what I was to do."
"I cannot conceive a person less able to advise you," she answered. "I
have said before that my husband's connection with your company is one
which I dislike extremely, and I should be delighted to hear that it
was ended."
"If it were ended at the present moment," Phipps said slowly, "it would,
I fear, be under somewhat painful circumstances."
"What do you mean?" Josephine demanded.
"What I very much hate to put into plain words. Your husband has used
money of the company's to which he has no right. I have been paying him
four thousand a year, hoping that indirectly I was benefiting you. He has
deceived me. I see no reason why I should spare him. The last money he
drew from the company--his action in drawing it amounts to a criminal
misdemeanour.
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