A man with a voice which was a mixture of a street hawker's and a parish clerk's stood up and chanted, "I call upon Mr. Edward Noel Kenneth Thornton to put on the purple presidential cap and to deliver his inaugural address to this ancient and historic Society." The cap, which had a long black tassel, was then handed to Thornton, and he put it on amidst tremendous applause. It made him look more ridiculous than ever, but he seemed to be perfectly calm when he got up and bowed solemnly in every direction.

"Mr. Ex-Presidents and fellow-members of this justly-celebrated Hedonist Society," he began, and every word he said could be heard plainly, "we are here to-night in obedience to custom and in pursuit of pleasure. Custom is one thing and pleasure is another, but we are fortunate in belonging to a Society which makes its customs pleasant, and which has such skilled hands to guide its pleasures that the word customary fails entirely to describe them." He paused for a moment, and a man near me asked what he was talking about, but Webb answered quickly that he was a hopeless madman, and that the ceremonies would be the real joke. "That I, a freshman," he continued, "should be elected President of this Society fills me with gratitude and even dismay, for I fear that the duties of so distinguished an office will be but inadequately performed during the coming year." Loud cries of "No" followed this remark, and he went on, "You are good enough to disagree with me, and perhaps the ceremonies connected with my office may help me to fulfil my duties. I will tell you what those ceremonies are." Dennison tried to stop him, but he was speaking quickly and took no notice of the interruption. "After my address has been given I put on my robes of office and ride on a mule from here to St. Cuthbert's; I am to be accompanied by the band of the Society, and attended by six men who will carry syphons of Apollinaris water and prevent my robes from being soiled by the dust of the streets. Had I known before I came here that so much honour was about to be showered upon me I do not think that I should have considered myself worthy of being your President. I forgot to say that I am provided with an umbrella." I looked at Dennison, and he did not seem to be feeling very comfortable; Thornton, however, had kept up the rôle of a madman thoroughly, and had spoken of the ceremonies as if he was quite prepared to carry them out. Some men were shouting with laughter, but Jack was almost pale with anxiety, and whispered to me that he was afraid Thornton would get flurried and finish his speech too soon. As soon as the laughter had stopped he went on speaking, and although he looked terribly pale and bothered, he was never at a loss for words. "I am, I have been told, the eighty-ninth man to fill this important office, and when I think of my predecessors, some of whom have doubtless passed away, I am filled with a sense of my unfitness for the post which I fill. The whole fate of this Society depends upon its President; without him to guide the members in their pursuit of pleasure they would be left to drift into undignified amusements, and might even end by taking such absurd things as degrees. At all cost we must avoid banality." As if in the excitement of the moment, he swept his hands over his head and knocked off his cap. "However, my fellow Hedonists, I think I may say that your last President has entered earnestly into the spirit of this Society. Its aim, you remember, is pleasure—not any vulgar or ordinary pleasure, but refined and exclusive amusement—that is written in the rules of the Society as they were given to me, and I need not remind those who are present to-night that it is their duty to obey them." He rested his right hand on his shirt, and continued quickly, "I, at any rate, have obeyed them to the letter. I have, if I may say so, got more amusement out of this evening than I have ever had in my life, and as your eighty-ninth President I declare this magnificent Society at an end." Dennison, Lambert, and one or two others jumped up, but Thornton told them loudly not to interrupt him, and several of us shouted for him to go on with his speech. "I have had an exceedingly good dinner, and my last word must be one of sympathy with Mr. Dennison, who, thinking that I was a bigger fool than he was, has invented a society of which, I am sure you will all acknowledge, he is the only man worthy to be President. I hope that you will see that he performs the ceremonies which he has arranged for me." As he finished he took off all his badges and tossed them across the table to Dennison.

There was a good deal of noise during the concluding sentences of his speech, but the so-called Hedonists were so astonished that they did nothing, and Thornton very prudently did not wait to see what would happen next. Dennison was in a miserable state because he was violently angry and trying to grin, and before the general hubbub had stopped, two men out of our eight, who had never forgiven him for laughing at their rowing, picked him up and carried him out of the room. In a minute Dennison, with the purple cap on his head, was sitting on the donkey, and a procession had started to St. Cuthbert's. When we got back to college we succeeded in taking possession of the porter who answered our knocks, and in getting both the moke and Dennison into the quad. I was so engaged with the porter that I did not see whether Dennison entered in state, but at any rate he had to ride round the quad two or three times, and crowds of men were there to see him do it. Finally, the Subby and The Bradder appeared, and gave orders that the donkey should leave the college; so as soon as Dennison had dismounted, his steed was handed over to its owner, who was waiting in the street. Then some of us paid a call on the porter to see if he could develop a bad memory for faces, but the only thing we found out from him was that his temper was bad, and that we had known before. As I went back to my rooms I met Lambert, who drew himself up in front of me as if he was on parade.

"Don't think," he said, "that you have heard the last of this."

"We shall never hear the last of it," I answered,

"We know that you played this dirty trick."

"You can know what you please," I said.

"I told you about Thornton, and then you prepare this behind our backs."

"The whole college, and nearly the whole 'Varsity knew about Thornton, so you needn't talk such rot to me. Crowds of out-college men were here to see him come in to-night."

"You arranged the whole thing."