“Against which Japan has protested, yes.”

I felt the full force of this announcement, having watched the proceedings of the Syndicate for some months for reasons of my own.

Every student of modern history has remarked the fact that all recent wars have been promoted by great combinations of capitalists. The causes which formerly led to war between nation and nation have ceased to operate. Causes, or at least pretexts, for war continue to occur, but whether they are followed up depends mainly on commercial considerations. A distant Government is oppressing its subjects, it may be in Turkey, it may be in Cuba, it may be in Africa. No matter, some great Power suddenly discovers it is interested; the drums are beaten, the flag is unfurled, and armies are launched on their path. The next year, perhaps, the same Power sees its own subjects massacred wantonly off its own coasts by a foreign fleet. Nothing happens; a few speeches are made, and the whole incident is referred to arbitration, and forgotten.

It is the consideration of money which decides between peace and war.

Perceiving it was useless to ask any assistance of the Nihilists in my forlorn enterprise, I returned sadly to my hotel.

Hardly had I finished the immense lunch on which I was compelled to gorge myself, when a waiter brought me a card, the name on which gave me an electric shock.

M. Petrovitch.

Every one has heard of this man, the promoter of the Manchurian Syndicate, and, if report spoke truly, the possessor of an influence over the young Czar which could be attributed only to some occult art.

I could not doubt that this powerful personage had been instigated to call on me by the Princess Y——.

What then? Was it likely that she would have sent the most influential man in the imperial circle to wait upon a traveling fanatic, a visionary humanitarian from Exeter Hall?