Chapter 2 Summary

Mr. Shepherd, Sir Elliot’s lawyer, bows out of the discussion of how to budget the remaining Elliot fortune. Before leaving, he submits his full recommendation for Lady Russell.

Upon reading Lady Russell’s proposal, Anne objects to it. She finds the changes too timid. Instead, Anne suggests streamlining the spending to a point that would disengage the family from all debts in seven years. All spending would be cut back, from the foods they eat to the purchase of new horses. Anne’s suggestions might have worked, but there is no opportunity for her father to read her budget. Sir Elliot looks over Lady Russell’s proposal first and turns it down. Sir Elliot is completely unwilling to give up any of his...

(The entire section is 582 words.)