"What we want to know, Mr. Churchill," he said, "is in regard to the elements of stability in his character. Will he respect those mighty interests to which I have just alluded? Is he, as a comparatively young man, and one wholly ignorant of the great world of finance, likely to seek the opinion and advice of his elders? You know that we have the best wishes in the world for him. His interests and ours, if he but perceives it, run together, and it is our desire to preserve the utmost harmony within the party."

Churchill bowed. Their opinion and his agreed in the most wonderful manner. It was hard to say, in his present exalted state, whether this circumstance confirmed their intelligence or his, but it certainly confirmed somebody's.

"I have already taken note of these facts," he said, in the indifferent tone of one whose advice is asked often, "and I have observed that Mr. Grayson's character is immature, and, for the present at least, superficial. But I think he can be led; a man with a will not very strong can always be led, if those with stronger wills happen to be near, and Mr. Grayson's faults are due to weakness rather than vice."

There was an exchange of significant looks among Mr. Goodnight, Mr. Crayon, and their friends, and then an emphatic nodding of heads, all of which indicated very clearly to Churchill that they admired his acuteness of perception, and were glad to have their own opinion confirmed by one who observed so well.

"Wouldn't it be well to lay these facts before the readers of the Monitor?" suggested Mr. Goodnight, mildly. "We all know what a powerful organ the Monitor is, and what influence it has in conservative circles. It would be a hint to Mr. Grayson and his friends; it would show him the path in which he ought to walk, and it would save trouble later on in the campaign."

Churchill's heart thrilled again. This was a greater honor even than he had hoped for; he was to sound the mighty trumpet note of the campaign, but his pride would not let him show the joy that he felt.

"In giving these views—and I appreciate their great importance—shall I quote you and Mr. Crayon?" he asked, easily.

Mr. Goodnight mused a few moments, and twiddled his fingers.

"We want the despatch to appear in the shape that will give it the greatest effect, and you are with us in that wish, Mr. Churchill," he said, confidingly. "Now this question arises: if our names appear it will look as if it were a matter between Mr. Grayson and ourselves personally, which is not the case; but if it appears on the authority of the Monitor and your own, which is weighty, it will then stand as a matter between Mr. Grayson and the people, and that is a fact past denying. Now, what do you think of it yourself, Mr. Churchill?"

Since they left it so obviously to his intelligence, Churchill was bound to say that they were right, and he would write the warning, merely as coming from the great portion of the public that represented the solid interests of the country, the quiet, thinking people who never indulged in any foolish chase after a will-o'-the-wisp.