“Well, what of it?” said Michael. “He probably wants to borrow your dog.”

“He says he’s at Lincoln,” Lonsdale stammered.

“So he is.”

“Well, I don’t know where Lincoln is. Have you got a map or something of Oxford?”

The performance of The Merchant of Venice took place and was a great success. The annual supper of the club took place, when various old members of theatrical appearance came down and made speeches and told long stories about their triumphs in earlier days. Next morning the auxiliary ladies returned to London, and in the afternoon the disconsolate actors went down to the barges and encouraged their various Toggers to victory.

Lonsdale forgot all about Miss Delacourt when he saw Tommy Grainger almost swinging the St. Mary’s boat into the apprehensive stern of the only boat which stood between them and the headship, and that evening his only lament was that the enemy had on this occasion escaped. The Merchant of Venice with its tights and tinsel and ruffs faded out in that Lenten week of drizzling rain, when every afternoon Michael and Lonsdale and many others ran wildly along the drenched towing-path beside their Togger. And when in the end St. Mary’s failed to catch the boat in front, Michael and Lonsdale and many others felt each in his own way that after all it had been greatly worth while to try.

Michael came down for the Easter vacation with the pleasant excitement of seeing 173 Cheyne Walk furnished and habitable. In deference to his mother’s particular wish he had not invited anybody to stay with him, but he regretted he had not been more insistent when he saw each room in turn nearly twice as delightful as he had pictured it.

There was his mother’s own sitting-room whose rose du Barri cushions and curtains conformed exactly to his own preconceptions, and there was Stella’s bedroom very white and severe, and his own bedroom pleasantly mediæval, and the dining-room very cool and green, and the drawing-room with wallpaper of brilliant Chinese birds and in a brass cage a blue and crimson macaw blinking at the somber Thames. Finally there was the studio to which he was eagerly escorted by Stella.

“I haven’t done anything but just have it whitewashed,” she said. “I wanted you to choose the scheme, as I’m going to make all the noise.”

The windy March sunlight seemed to fill the great room when Michael and his sister entered it.