James Torridge Blatchbourne.

Titus laid down the letter and looked down his nose.

“Gathering clouds,” he said thoughtfully. “An’ this is as hot a one as we’ve ever had. If Blanche but knew . . .” He drew out a little note-book and blinked over a page. “Seventy thousand to date,” he continued musingly. “I’d like to get to a hundred before the crash, but ninety would do. . . .”

Presently he closed the note-book and took up a pen.

After a little reflection he wrote his reply.

68, Old Bond Street.

November 15th.

Sir,

I have the honour to acknowledge your letter of yesterday’s date and to express regret that you do not share my views of quality or style.

I am, Sir,