"Paterfamilias considering?"

"I don't quite make the young fellow out. He's got a good opinion of himself, I fancy." Iver laughed a little. "Well, we shall see," he ended.

"Not a bad thing to be Lady Tristram of Blent, you know, Iver. That's none of your pinchbeck. The real thing—though, as I say, young Harry's only got it by the skin of his teeth. Eh, Neeld?"

Mr Neeld laid down his napkin and pushed back his chair.

"Sit still, man. We've nearly finished, and we'll all have a cup of coffee together and a cigar."

Misfortunes accumulated, for Neeld hated tobacco. But he was anxious to be scrupulously polite to Iver, and thus to deaden the pangs of conscience. Resigned though miserable, he went with them to the smoking-room. Colonel Wilmot Edge looked up from the Army and Navy Gazette, and glanced curiously at the party as they passed his table. Why were

these old fellows reviving old stories? They were better left at rest. The Colonel groaned as he went back to his newspaper.

Happily, in the smoking-room the talk shifted to less embarrassing subjects. Iver told of his life and doings, and Neeld found himself drawn to the man: he listened with interest and appreciation; he seemed brought into touch with life; he caught himself sighing over the retired inactive nature of his own occupations. He forgave Iver the hoardings about the streets; he could not forgive himself the revenge he had taken for them. Iver and Southend spoke of big schemes in which they had been or were engaged together—legitimate enterprises, good for the nation as well as for themselves. How had he, a useless old fogy, dared to blackball a man like Iver? An occasional droll glance from Southend emphasized his compunction.

"I see you've got a new thing coming out, Neeld," said Southend, after a pause in the talk. "I remember old Cholderton very well. He was a starchy old chap, but he knew his subjects. Makes rather heavy reading, I should think, eh?"

"Not all of it, not by any means all of it," Neeld assured him. "He doesn't confine himself to business matters."