"Oh, bless you, no; I haven't come to that yet. After he'd seen Oaks and Bayley into the train, old Ally started to walk home. There's a little 'pub' about half a mile out of Chatton called the Black Swan, and he thought he'd call and ask if they'd seen the fellows pass. You know Thurston the prefect, that chap who came to the door when we were having that meeting in the 'old lab.' Well, now, if he and Mouler, and two or three more of that sort, weren't sitting in the taproom, smoking, and drinking beer, and having a regular high old time. They'd lagged behind on purpose. Of course Allingford kicked them all out, and he and 'Thirsty' had a frightful row. They say the big chaps want to hush the matter up as far as they can, and not report it to old Denson, for fear he'd make it an excuse to put a stop to paper-chasing. Ally slanged Thurston right and left, and told him that if he chose to drink beer in a low 'pub' with the biggest blackguards in the school, he needn't expect that the fellows in the Sixth would have anything to do with him, and that he ought to send in his resignation as a prefect."

On entering the school buildings, our three friends were convinced of the truth of their comrade's story, and on their way to the schoolroom the question was repeated at least half a dozen times—"Have you heard about old 'Thirsty' being cobbed in the Black Swan?" Diggory thought of the conversation he had overheard in Acton's study, and mentioned it to Carton.

"Yes," answered the latter. "Big Fletcher's a beast. I know Thurston's very chummy with him, but I don't see that's got much to do with it. My brother, who left last term, said that 'Thirsty' used to be rather a jolly chap, only he's got a fearful temper when he's crossed. Most of the chaps like him as a prefect, because as long as you don't interfere with him he doesn't seem to care much what any one does. The real thing is he's going to the dogs, and, as Allingford says, he ought to resign."

Away in one of the Sixth Form studies the subject of their conversation was sitting with his hands in his pockets, frowning at the fire. He was roused from his reverie by some one putting his head round the corner of the door and exclaiming,—

"Hullo, 'Thirsty!'"

"Hullo, Fletcher! where on earth have you been all the evening?"

The new-comer was tall and lanky; he had a sharp, foxy-looking face, with thin, straight lips, and two deep lines which looked almost like scars between the eyebrows. He shut the door, and dragging forward a chair, sat down with his feet on the fender, and commenced warming his hands at the fire.

"Oh, I've been nowhere in particular," he answered, laughing. "But I say, young man, you seem to have raised a pretty good hornets' nest about your ears along this corridor."

"Yes, I know; they've had the cheek to send me that!"

He leaned back as he spoke, and taking a piece of paper from the table, tossed it across to his friend. It was a letter signed by most of the prefects, suggesting that he should send in his resignation.