After watching this a third time, I'm convinced...
...that he really did love her. I also think he was desperate for money and may not have been able to disentangle his feelings about her from his feelings about the security (and luxury!) she represented. After "squandering" his (modest) inheritance and failing to establish a career, I think he was reduced to bluff and charm, and when the reality of an elopement became imminent, he couldn't face the prospect of failing to provide for a woman he truly did care for. The film is deliberately ambiguous about his motives, of course - I know a lot of people point to the cigar-and-brandy scene as evidence of Morris's questionable character and essential duplicity, but I almost read that as an unconscious marking of territory and a somewhat passive-aggressive challenge to Dr. Sloper. I think Catherine was indelibly poisoned by the cynicism and cruelty of her father, and to preserve herself made a fatal, tragic mistake: she took her father's cutting words about her for the truth, and began to read Morris's attentions accordingly. She was triumphant at the end, but only if you consider a hollow capitulation to the vagaries of pride a triumph. She may very well have missed out on the love of her life.
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