In my new role of theoretical aristocrat I felt a little abashed.

“Twenty thousand,” she repeated with conviction.

It occurred to me that I was in the presence of the aristocratic theory currently working as distinguished from my as yet unformulated intentions.

“You'll get a lot of loafers and scamps among 'um,” said Lady Forthundred. “You get loafers and scamps everywhere, but you'll get a lot of men who'll work hard to keep things together, and that's what we're all after, isn't ut?

“It's not an ideal arrangement.”

“Tell me anything better,” said Lady Forthundred.

On the whole, and because she refused emphatically to believe in education, Lady Forthundred scored.

We had been discussing Cossington's recent peerage, for Cossington, my old schoolfellow at City Merchants', and my victor in the affair of the magazine, had clambered to an amazing wealth up a piled heap of energetically pushed penny and halfpenny magazines, and a group of daily newspapers. I had expected to find the great lady hostile to the new-comer, but she accepted him, she gloried in him.

“We're a peerage,” she said, “but none of us have ever had any nonsense about nobility.”

She turned and smiled down on me. “We English,” she said, “are a practical people. We assimilate 'um.”