First UK edition. Inscribed by Wharton on the front free endpaper, "A.J.H.S. from E.W. January 1909." Publisher's original blue cloth, lettered in gilt and with gilt decoration to the spine. A very good copy. John Hugh Smith was a wealthy English banker, who became friends with Edith Wharton in 1908. "John Hugh Smith's youthful crush on her graduated into a steady, undemanding, lifelong friendship. In later life, he became the most reactionary and old-fashioned member of her regular circle" (Hermione Lee).