‘They crack the City bubbles and bladders, at all events,’ Mr. Fenellan said. ‘But if we let our journals go on making use of them, in the shape of sham hawks overhead, we shall pay for their one good day of the game with our loss of the covey. An unstable London’s no world’s market-place.’

‘No, no; it’s a niggardly national purse, not the journals,’ Mr. Radnor said. ‘The journals are trading engines. Panics are grist to them; so are wars; but they do their duty in warning the taxpayer and rousing Parliament. Dr. Schlesien’s right: we go on believing that our God Neptune will do everything for us, and won’t see that Steam has paralyzed his Trident: good! You and Colney are hard on Schlesien—or at him, I should say. He’s right: if we won’t learn that we have become Continentals, we shall be marched over. Laziness, cowardice, he says.’

‘Oh, be hanged!’ interrupted Fenellan. ‘As much of the former as you like. He ‘s right about our “individualismus” being another name for selfishness, and showing the usual deficiency in external features; it’s an individualism of all of a pattern, as when a mob cuts its lucky, each fellow his own way. Well, then, conscript them, and they’ll be all of a better pattern. The only thing to do, and the cheapest. By heaven! it’s the only honourable thing to do.’

Mr. Radnor disapproved. ‘No conscription here.’

‘Not till you’ve got the drop of poison in your blood, in the form of an army landed. That will teach you to catch at the drug.’

‘No, Fenellan! Besides they’ve got to land. I guarantee a trusty army and navy under a contract, at two-thirds of the present cost. We’ll start a National Defence Insurance Company after the next panic.’

‘During,’ said Mr. Fenellan, and there was a flutter of laughter at the unobtrusive hint for seizing Dame England in the mood.

Both dropped a sigh.

‘But you must try and run down with us to Lakelands to-morrow,’ Mr. Radnor resumed on a cheerfuller theme. ‘You have not yet seen all I ‘ve done there. And it ‘s a castle with a drawbridge: no exchangeing of visits, as we did at Craye Farm and at Creckholt; we are there for country air; we don’t court neighbours at all—perhaps the elect; it will depend on Nataly’s wishes. We can accommodate our Concert-set, and about thirty or forty more, for as long as they like. You see, that was my intention—to be independent of neighbouring society. Madame Callet guarantees dinners or hot suppers for eighty—and Armandine is the last person to be recklessly boasting.—When was it I was thinking last of Armandine?’ He asked himself that, as he rubbed at the back of his head.

Mr. Fenellan was reading his friend’s character by the light of his remarks and in opposition to them, after the critical fashion of intimates who know as well as hear: but it was amiably and trippingly, on the dance of the wine in his veins.