North stood up suddenly and looked down on Hamilton. "What are we coming to?" he asked abruptly. "Monarchy?"

The guest tapped the toe of his little slipper with the tips of his beautiful fingers. He laughed gayly. "I can see only a little farther ahead than your own far-penetrating brain, sir. What do you think?"

"As I walked home tonight, the situation possessed my mind, which by some process of its own seemed to develop link after link in coming events. It seemed to me that I saw a thoroughly disorganized people, unthinkingly but ruthlessly thrusting aside all ideals, and—consequently—in time—ready for anything."

Hamilton nodded, "If they had begun with my ideal, they would have remained there. Now they will leap far behind that—when there is a strong enough man down there in the White House. Certain radical changes, departures from their traditions and those of their fathers, will school them for greater changes still. In some great critical moment when a dictator seems necessary they will shrug their shoulders and say, 'Why not?'"

"I believe you are right, but I doubt if it comes in my time."

Hamilton shook his head. "Every state in Europe has its upper lip curled back above its teeth, and who knows, when the leashes snap, what our fate will be, now that we have practically abandoned our policy of non-interference in the affairs of the Eastern Hemisphere? If all Europe is at somebody's throat in the next five years, we shall not escape; be sure of that. Then will be the great man's opportunity. You always have despised the office of President. Work for it from this day. The reaction from this madness will help you. Democrats as well as Republicans will turn to you as the one man worthy of the confidence of the entire country."

"Not if they guessed that I meditated treason, sir. Nor should I. I agree with you that your ideal was the best, but there is nothing for me to do but to make the best of the one I've inherited. If I am aristocratic in my preferences, I am also a pretty thoroughgoing American."

"Yes, yes, I know, sir. You never will meditate what, if premeditated, would be treason. But when the great moment comes, when your patriotism and your statesmanship force you to admit that if the country is to be saved it must be rescued from the people, and that you alone can rescue it, then you will tear the Constitution down its middle. This country is past amendments. It must begin over again. And the whole great change must come from one man. The people never could be got to vote for an aristocratic republic. They must be stunned into accepting a monarchy. After the monarchy, then the real, the great Republic."

The two men looked long into each other's eyes. Then North said,—

"I repeat that I never should work nor scheme for the position that such a change might bring me. Nevertheless, believing, as I do, that we are on the threshold of a new and entirely different era in this country, if the time should come when I felt that I, as its most highly trained servant, could best serve the United States by taking her destinies entirely into my own hands, I should do so without an instant's hesitation. I have done all I could to preserve the old order for them, and they have called me traitor and gone their own way. Now let them take the consequences."