acceptance of the British terms, and the King sat with it before him on the table. I saw the tears of anger and humiliation run down his cheeks as he looked at it.

“I fear that there is no possible alternative, Sire,” said the Minister. “Our envoy in London has just sent this report, which shows that the public and the Press are more united than he has ever known them. The feeling is intense, especially since the rash act of Malort in desecrating the flag. We must give way.”

The King looked sadly at Admiral Horli.

“What is your effective fleet, Admiral?” he asked.

“Two battleships, four cruisers, twenty torpedo-boats, and eight submarines,” said the Admiral.

The King shook his head.

“It would be madness to resist,” said he.

“And yet, Sire,” said the Admiral, “before you come to a decision I should wish you to hear Captain Sirius, who has a very definite plan of campaign against the English.”

“Absurd!” said the King, impatiently. “What is the use? Do you imagine that you could defeat their vast armada?”

“Sire,” I answered, “I will stake my life that if you will follow my advice you will, within a month or six weeks at the utmost, bring proud England to her knees.”