But Smyth's mood changed, his tears ceasing as incontinently as they had begun. He ceased to slouch and writhe, passed his hands across his blood-shot eyes, drew himself up in his chair, began to snarl, even to swagger.

"I forget myself, and forget you, too, Mr. Iglesias—which is annoying," he said; "for you are about the last person from whom I could expect, or should desire to receive, sympathy. Persons of my world, scholars and idealists, and persons of your world, money-grubbing materialists, can, in the nature of things, have very little in common. There is a great gulf fixed between them. I beg your pardon for having so far forgotten myself as to ignore that fact, and talked on subjects incomprehensible to you. What follows, however, will be more in your line, I imagine, and it is this which has made me come here to-night. You realise that your investment has turned out an unfortunate one? You have lost, irretrievably lost, your money."

"I was not wholly unprepared for that," Dominic answered. His temper was beginning to rise. Sodden with drink, maddened by failure, hardly accountable for his words or actions, still the man's tone was rather too offensive for endurance. "I had made full provision for such a contingency. I accept the loss. Pray do not let it trouble you."

"Oh! you accept it, do you? You were prepared for it?" Smyth broke in. "You can afford to throw way a cool three hundred pounds—the expenses will amount to that at least in the bulk. How very agreeable for you! Your late operations in the City must have been surprisingly profitable. I was not aware, until now, that we had the honour of numbering a millionaire among us at Cedar Lodge. But let me tell you this extremely superior tone does not please me, Mr. Iglesias. It smells of insult. I warn you, you had better be a little careful. Even a miserable persecuted pauper like myself can make it unpleasant for those who insult him. I must request you to remember that I am a gentleman by birth, and that I have the feelings of my class where my personal honour is concerned. Do you suppose I do not know perfectly well that the benevolent attitude you have seen fit to assume towards me has been a blind, from first to last; and that every penny you have advanced me until now, as well as the three hundred pounds, the loss of which you so amiably beg me not to let trouble me, is hush-money? Yes, hush-money, I repeat, the price of my silence regarding your intrigue with my wife—my wife who calls herself—"

"We will introduce no woman's name into this conversation, if you please," Iglesias interrupted sternly.

The limit of things pardonable had been passed. His face was white and keen as a sword. The weight of years and of failing health had vanished, burned up by fierce disgust and anger, as is mist by the sun-heat. He was young, arrogant in bearing, careless of consequence or of danger as some fifteenth-century finely bred fighting man face to face with his enemy and traducer, who, given honourable opportunity, he would kill or be killed by, without faintest scruple or remorse. And of this temper of mind his aspect was so eloquent that de Courcy Smyth, muddled with liquor though he was, seeing him, was seized with panic. He scrambled to his feet, flung himself behind the chair, clinging to the back of it for support.

"Don't look at me like that, you Spanish devil!" he whimpered. "You paralyse me. You hypnotise me. My brain is splitting. You're drawing the life out of me. I shall go mad. If you come a step nearer I'll make a scandal. I'll call for help. Ah! God in heaven, who's that?"

Only the housemaid entering, salver in hand, and leaving the door wide open behind her. Upon the landing with out, Farge and Worthington, in comic attitudes, stood at attention.

"A telegram for you, sir. Is the boy to wait?" she inquired, in a stifled voice. "She could hardly keep a straight face," as she reported downstairs subsequently, "that ridiculous Farge was so full of his jokes."

Iglesias tore open the yellow envelope and held the telegraph-form to the light.