Flory’s comment about having “no polo ponies” indicates that he thinks Elizabeth prefers Verrall because Verrall is richer. He is, perhaps, coming to see that his “romance” with Elizabeth is as intertwined with economic concerns as his liaison with Ma Hla May was. Elizabeth’s annoyance suggests that, while economic concerns dictate her romantic choices, she doesn’t like having others explicitly acknowledge these concerns. Finally, Mrs. Lackersteen’s burning of the leopard skin, which symbolizes Elizabeth’s perception of Flory, reminds readers of her role in estranging Elizabeth from Flory.