"Come and lunch with us, Rickerby," he said. "Try this new brand of champagne. Waiter, lay a place for Mr. Rickerby. Bring another bottle. No, on second thoughts, you had better bring a magnum. Rickerby, let me introduce my friend Mr. Phillips. He is just home from the Cape."

Rickerby touched an imaginary forelock.

"Proud to make your acquaintance, sir," he said. "Do you do anything in our line?"

"Well, I have," Phillips said. "I used to follow racing closely enough before I left England. Out yonder, from my point of view, I found something better. Still, there is nothing so fascinating as the great game. I daresay I shall make a wager or two before the season is over. I suppose one can't make bets here?"

"Not unless you are a member," the Major explained. "The committee are most particular about that kind of thing. They must think of the police. But I've no doubt Rickerby will be glad to accommodate you."

"Certainly, sir," Rickerby said. "Up to any amount you like. The Major's introduction is good enough for me, and a telegram or letter will always receive attention."

Gradually the conversation became more general. Luncheon was a thing of the past, and cigars and coffee had been set out in the smoking-room. Phillips seemed to find Rickerby a mine of interesting information, for he plied him with diplomatic questions. Under the influence of the champagne and brandy Rickerby expanded.

"Swindles, my dear sir!" he exclaimed. "There is no end to them. We drop on a dozen dodges every year of which the public know nothing. Why don't we prosecute? Because it isn't worth while, and the police are not sympathetic. Moreover, why should we let the public know of ways and means by which they might rob us? Ah, I could tell you of one or two men, and big men, too, in some of the West End clubs who would find themselves in a pretty tight place if some of us only liked to open our mouths. But what's the use? Why throw good money after bad?"

"But don't you get done?" Phillips asked.

"Well, very rarely," Rickerby responded, "but there are others in the club, who seem to me to lay themselves out for that sort of thing. There's a chap here called Selwyn, a rich young Australian fool, who thinks he knows everything. He's just the type of mark that the broken-down racing man prays for. He's in the hands of one or two here who are robbing him of thousands. He's soft enough to make bets five minutes after a race has been run. I've tipped him a hint once or twice, but bless you, it's no use. It is waste of breath to tell Selwyn that the men in whose hands he is are manipulating the telephone or wire and always betting on a dead certainty. One or two of the bets have been offered to me, but I am not taking any. I daresay you may think I ought to expose these people, but I've got something better to do."