Mr. Pardoe got slowly to his feet, and I marvelled to see for the first time, his lean ungainly frame. A bag of skin and bone it was, no more. A frightful fit of coughing preluded his speech. When he had recovered, he put his right foot on a chair, and leaning on his bony knee, began as follows:—

"Gentlemen, this is our seventeenth monthly gathering since the initiation of our order, and we are all, seven of us, still above ground, although we were all condemned as incurable before we first foregathered. During the period I have indicated not one of us has flinched from his bargain, and as your latest secretary, gentlemen, I am pleased to announce that I have duly and regularly received from each member the weekly contribution fixed by our rules. The amount at present standing to my credit in trust for the order is £7,000." He took a small pass-book from his pocket, and handed it to his nearest neighbour, who glanced at its contents and passed it up the table to Sir William. "You will find in that book, gentlemen, a cheque for the amount named marked 'good' by the Bank. I have the honor now to tender you my resignation. Mr. Cavanagh should, I believe, be my successor."

He sat down again, coughing terribly.

Sir William nodded. "It is your turn, Cavanagh," he said quietly. "You will hold office for the current month."

"Very well," replied Mr. Cavanagh, tugging fiercely at his moustache as he spoke. "You fellows can forward your subs, direct to my studio, without waiting for notices. I never write letters."

Sir William arose, holding the cheque above his head. "Whose shall it be this time, friends?" he demanded. "Remember that I have won three times running. Will any give me odds?"

"I," cried Dr. Fulton sharply. "I'll lay you seven to one in hundreds, Dagmar, that you do not win to-night."

"Done! Come, gentlemen."

They trooped out of the room, and I, ablaze with curiosity, made haste to follow them, carrying a silver tray of coffee and liqueurs with which Butts supplied me.

I found them standing around the larger card-table, watching, in perfect silence, Mr. Nevil Pardoe shaking an iron dice-box. Upon the middle of the cloth lay the cheque for £7,000 face upwards, which Mr. Pardoe had given to Sir William. No one heeded me, so I put down the tray and watched them. Presently Mr. Pardoe scattered the dice upon the cloth.