He had to concentrate his thoughts before he replied to the greeting with a grave bow—had to remember that he had once played semi-host to this man at a Scotch shooting lodge; hated him mostly on hearsay unproved evidence, and chiefly on apprehension as to future maleficence, rather than on positive wrongs to himself.

Then he gave his consideration once more to the passing pageant.

Thrum ... thrum ... thrum ... thrum ... in between the bursts of military music went the steady marching of the Imperial troops. There was the pick of the regiments of the British line; there were samples of Indian infantry—bearded Sikhs, grinning Gurkhas, handsome Panjabis—Surely that was young Pearsall-Smith at the head of one of these detachments? He had heard of his distinguishing himself in the Nyasaland wars against the Arabs—and he winced to think he had no part in this ceremonial, he could point of late to no service to the Crown and Empire—was it his fault? If he had gone to Norway or to South America, could he have achieved anything that might have brought him into the procession of to-day? What splendid Indian cavalry. That Indian prince leading them had once given him some tiger shooting when he was a young A.D.C. to Sir Griffith Gaunt. Ah! Here was Africa in the procession—Hausas from Nigeria, Sudanese from Egypt; these bronzed, well-seated, rather insolent-looking white men were mounted police from the Cape, from Bechuanaland, from Natal.

These gaudy zouave uniforms and Christy minstrels' faces were a contingent from the West Indian regiments that had figured in so many West African wars. And now came well-set-up Turkish police from Cyprus, well-drilled Chinese police from Hong Kong; even solemn-looking Dyaks from Borneo, who were believed to have given up head-hunting in favour of constabulary work at the Bornean ports.

And carriages containing permanent officials—he thought he recognized Sir Bennet Molyneux in one, possibly attached to the person of some foreign prince, some German or Russian Grand Duke. And Ministers of State saluted by the happy crowd with good-humoured cheers and a few serio-comic groans. That one who aroused such an outburst of cheering was the great Choselwhit, Josiah Choselwhit, Secretary of State for the Colonies, in Windsor uniform with the customary eyeglass. His hosts, the Schräders, joined lustily in the hurrahs, as did the City men opposite; Choselwhit was supposed to have brought grist to the City mills and to be the mainstay of the British Empire in which Germans as well as British made such millions of money....

And ... and ... and ... At last, after many preliminary princes and princesses, Queen Victoria herself; a little figure swathed in much black clothing but with filmy white around the rosy face and yellow-white hair.... She progressed very slowly—so it seemed to Roger—past their windows. The Schräder brothers positively brayed their international loyalty, so that their voices were even heard by her above the deafening clamour. She turned her somewhat haughty profile and clear blue eyes towards their balcony with its flamboyant draperies and symbols, as if she searched for some face she knew to whom she might address a smile of acknowledgment; but finding none, turned her gaze to the Gaiety girls and the shouting young men who had invited Patterne as their guest. To these pretty actresses, showing real emotion, she did address a royal smile, which caused one of them to give way to real tears. Then Roger found himself gazing at the back of her bonnet with its white ostrich plume, illogically disappointed that there had been no smile for him, he who would have served her so gladly had her ministers let him.

The Queen-ant of an unusually large ant-hill on this little ball of rock and water having gone on her way to thank the Master Spirit of the Universe for a few additional years of life and power to do good—-the while no doubt that Master Spirit, despite Its Unlimited Intelligence, was vexed and preoccupied at the way things were going in the constellation of Orion—a million times larger than the whole solar system; or at the accelerated currents of star-dust in the Milky Way, or the slow progress towards forming a cluster of sixty giant worlds made by the Nebula of Andromeda: the Schräder partners were dispensing very elegant hospitality in the room behind the two windows they had taken at an Illustrated Newspaper Office in the Strand. They were essentially practical men, being German, with a Jewish quarter-strain and a French education. They could have entertained Roger and his wife and sister; a great Singer—who could not "place" Roger and therefore was cold to him; a great Actress rather past her prime; a great Essayist whose mental scope was limited by Oxford and the Athenæum; and various other guests of intellectuality and distinction: they could have entertained their friends and acquaintance in the Piccadilly house of one of them and the Grosvenor Gardens house of another; or they could have thrown open their splendid City offices for the same purpose; but the view of the whole procession and especially of the Queen would not have been so near, so concentrated, as from windows on the first floor of the Strand at its narrowest. So in fixing up their plans two months beforehand it was here they were playing the lavish host.

The collation was of the most exquisite; the wines of the finest quality imparting the most insidious intoxication, so that you thought you were only being your natural self, though you put your elbows on the table and wondered that you had never hitherto been ranked as a great wit. The celebrated singer began to forget her secret grievance that she was not being entertained by Royalty and had not ridden in one of those carriages. She consoled herself by the assurance she would be at the Naval Review and the Garden Party and probably most of her fellow-guests would not. And then after all, if you did stoop to City entertainers, you could not do much better than the Schräders, unless it were the Rothschilds. Baron Schräder was the head of the family, and he had been made a Baron by Napoleon III, which was much more chic than a German title given by a petty German court. The Schräders for several generations had been dilettanti, outside business; musicians of a certain talent; shrewd judges of cinque-cento art; abstruse ornithologists; members of the Zoological Society's Council; of a Jockey Club here and of a Cercle d'Escrime there. But to sustain this life of many facets they required unlimited money; and Roger Brentham just now was promising to become one of their most remarkable money-spinners. Mr. Eugene Schräder was therefore, after one or two elegant fillings and sippings over Royal names, proposing ever so informally his good health, and that of his charming and devoted wife, and ... and ... he stammered a little over the characterization of Maud, who was the least genial member of the party and had shown herself a little blunt with the actress past her prime, who was now descending to whispered confidences of marital ill-treatment. "But our friend, Captain Brentham ... may I without indiscretion say he should, if he had all that was due to him, have been in the procession to-day as an actor rather than a spectator? Though our party would have lost one of its most interesting guests...." (The Essayist, whose nose has gone very red with the champagne and the Château Yquem, here looks at Roger for the first time with focussed eyes: is it possible that he could have done anything worth notice, outside Oxford and the Athenæum?) "Our friend, Captain Brentham, first led the way of Imperial expansion in East Africa; he is now endeavouring to show us Germans how the wealth of our East African possessions should be developed and brought into the world's markets. Germany was not too proud to enlist the services of any man—or woman" (he bowed to the Actress and Singer) of ability. To be a German was in some ways to be a world-citizen. If they searched the glorious records of the British Empire they would find them studded with German names.... The British Empire of to-day stood grandly open to German enterprise; they would find in return that the German Empire overseas was ready to afford every opportunity to British colonizing and administrative genius. So there would be in German circles no grudging to Captain Brentham of a full meed of praise—from his firm, at any rate—for the truly remarkable discoveries he had made....

"You mustn't forget the credit due to Hildebrandt and Wiese and several other fellows," interpolated Brentham, desirous of doing the right thing—

"Just so—of your German colleagues: that is as it should be. But that brings me to the climax I was leading up to, rather wordily I fear. Dear friends (his voice a little tremulous with honest emotion) let us drink a final toast: To Anglo-German Co-operation; to the great Alliance of our two Nations founded on affinity of race and language, a common love of truth, a common devotion to Science, and I might add almost—a common dynasty" ... (rest lost in clapping).