"Exactly! We pass now to the consideration of facts which need one thing only to justify our course of action. Evidence is brought to us that a secret meeting took place between the Czar of Russia and the Emperor of Germany. From all the information which we have collected that meeting was possible. I personally believe that it took place. A treaty is said to have been drawn up between them, having for its object the embroilment of England with Russia, and an alliance of Germany with Russia so far as regards her quarrel with England. We know that Germany is secretly mobilizing men and ships. We know that the ambition of the Emperor is to possess himself of the Colonies of Great Britain, if not actually to hold his court in London. We know that his jealousy of King Edward amounts to a disease. We know that he is a man of daring and violent temper, with an indomitable will and an unflinching belief in his own infallibility and the infallibility of his army and navy. We know that he has at least a dozen schemes for a sudden attack upon England, and mighty though the navy of Great Britain is, it is not in our opinion strong enough to protect her shore from the combined Baltic and German fleets and also protect her Colonies. England, through our friendship, has been warned. She proposes with most flattering alacrity the only possible counter-stroke—an alliance with ourselves. We must decide within twelve hours. The treaty lies upon my desk there. Upon us must rest the most momentous decision which any Frenchman within our recollection has been called upon to make. What have you to say, gentlemen?"

There was a short silence. Then the man who sat at Monsieur Grisson's right hand spoke.

"The issues before us," he said slowly, "are appalling. Every Frenchman's blood must boil at the thought of Germany greedily helping herself to the mighty wealth and power of Great Britain—becoming by this single master-stroke the strongest nation on earth, able to dictate even to us, and to send her word unchallenged throughout the world. It is a hideous picture! It must mean the abandonment forever of the hope of every true Frenchman. Every minute will become a menace to us. Wilhelm, the arrogant, with British gold and British ships at his back, will never forget to flaunt himself before us to our eternal humiliation."

"You are taking it for granted," his neighbor remarked, "that Germany will be successful."

"The odds are in her favor," was the quiet reply. "The navy of Great Britain is immense, but her sea front, so to speak, is enormous. She is open to be the prey of a sudden swift attack, and the moment has never been more favorable."

"Let all these things be granted," the third man said. "Even then, are we free to enter into this alliance with England? Our treaty with Russia remains. We have no proof that she has broken faith with us. If this secret treaty between Russia and Germany really exists, it is, of course, another matter. But does it? We have nothing but the word of an English boy. The rest is all assumption. The whole affair might be a nightmare. We might sign this treaty with England, and find afterwards that we had been the victim of a trick. We should be perjured before the face of all Europe, and our great financial interest in Russia would at once be placed in a perilous position."

A telephone upon the table rang softly. Monsieur Grisson held the receiver to his ear and listened. Then he rose to his feet.

"Count von Munchen desires a word with me," he announced. "He pledges himself not to keep me more than five minutes. I had better receive him. Excuse me, gentlemen."

The two men were left alone. The elder and stouter of the two busied himself with an inch rule and an atlas. He seemed to be making calculations as to the distance between Cherbourg and a certain spot in the North Sea.

"What is the chief's own mind?" his companion asked. "Does any one know?"