Hoopdriver encounters a pretty young woman cycling alone and wearing rationals (bloomers). He dares not speak to the Young Lady in Grey, as he calls her, but their paths keep crossing. She is ultimately revealed to be Jessie Milton, a girl of seventeen who has run away from her stepmother in Surbiton, risking "ruin" at the hands of the bounder Bechamel, an unscrupulous older man who has promised to help the naive Jessie to establish herself an independent life but who is really intent on seducing her. Ironically, her flight has in part been inspired by liberal ideals of unconventionality that have been hypocritically promoted by her stepmother's popular novels.