Austen laughed, and shook his head.
"Phrasie, the Lord did you a grave injustice when he didn't make you a man, but I suppose he'll give you a recompense hereafter. No, I believe I am safe in saying that the Judge's securities are still secure. Not that I really know--or care--" (shakes of the head from Euphrasia). "Poor old Judge! Worse things than finance are troubling him now."
"Not a woman!" cried Euphrasia, horror-stricken at the very thought. "He hasn't took it into his head after all these years--"
"No," said Austen, laughing, "no, no. It's not quite as bad as that, but it's pretty bad."
"In Heaven's name, what is it?" she demanded. "Reformers," said Austen.
"Reformers?" she repeated. "What might they be?"
"Well," answered Austen, "you might call them a new kind of caterpillar-- only they feed on corporations instead of trees."
Euphrasia shook her head vigorously.