"I do," said Sage.

"You know why Mr. Dene is here."

"I do."

"And yet you still advise this course?" asked Sir Lyster.

"I do," responded Sage.

"Well, I'm damned!" said Sir Bridgman.

For a moment a flicker of a smile crossed Malcolm Sage's serious features.

"What are your reasons?" demanded Sir Lyster.

"My reasons are closely connected with my conclusions, sir, and at the present time they are too nebulous to express."

"We will consider this," said Sir Lyster with an air of concluding the interview.