Mrs. Armstrong sighed deeply. It was true, bitterly true. She was no longer of any importance in the public eye. No one asked her to lecture now. The mass meetings were all over. Not a single copy of John Mulgrave had been sold for a month. How differently she had pictured it all on that winter's morning at Sir Michael's; how brightly and gloriously it had begun, and now how bitter the dénouement, how utterly beyond foresight? What was this superstition, this Christianity which in its death struggles could overthrow a world?
"The decisive events of the world occur in the intellect." Yes, but how soon do they leave their parent and outstrip its poor control?
There was no need for women now. That was the bitterest thought of all. The movement was over—done with. A private in the Guards was a greater hero than the leader of an intellectual movement. What a monstrous bouleversement of everything!
Again the lady sighed deeply.
"No," she said again, "the world was not yet strong enough to bear the truth. I have sold my Consols," she continued; "I have been advised to do so. I was investing for my daughter when I am gone. Newspaper shares are the things to buy now, I suppose! My brokers told me that I was doing the wisest thing. They said that they could not recover for years."
"The money market is a thing in which I have very little concern except inasmuch as it affects large public issues," said the editor. "I leave it all to my city editor and his staff—men in whom I have the greatest possible trust. But I heard a curious piece of news last night. I don't know what it portends; perhaps Mr. Schuabe can tell me; he knows all about these things. Sir Michael Manichoe, the head of the Church political party, you know has been buying Consols enormously. Keith, my city editor, told me. He has, so it appears, invested enormous sums. Consols will go up in consequence. But even then I don't see how he can repay himself. They cannot rise much."
"I wonder if I was well advised to sell?" said Mrs. Armstrong, nervously. "They say Sir Michael never makes a mistake. He must have some private information."
"I don't think that is possible, Mrs. Armstrong," Ommaney said. "Of course Sir Michael may very likely know something about the situation which is not yet public. He may be reckoning on it. But things are in such hopeless confusion that no sane speculator would buy for a small rise which endured for half a day. He would not be able to unload quickly enough. It seems as if Sir Michael is buying for a permanent recovery. And I assure you that nothing can bring that about. Only one thing at least."
"What is that?" asked both Mrs. Armstrong and Schuabe together.
The editor paused, while a faint smile flickered over his face. "Ah," he said, "an impossibility, of course. If any one discovered that 'The Discovery' was a fraud—a great forgery, for instance—then we should see a universal relief."