“The sum (£500) stands in my books for the benefit of your boy, under the name of Jolyon Forsyte, and will be duly-credited with interest at 5 percent. I hope that you are doing well. My health remains good at present.

“With love, I am, “Your affectionate Father,

“Jolyon Forsyte.”

And every year on the 1st of January he had added a hundred and the interest. The sum was mounting up⁠—next New Year’s Day it would be fifteen hundred and odd pounds! And it is difficult to say how much satisfaction he had got out of that yearly transaction. But the correspondence had ended.