Psmith placed his monocle in his eye and bent gravely toward his companion.

“Steal your aunt’s necklace?” he said indulgently.

“Yes.”

“You do not think she might consider it a liberty from one to whom she has never been introduced?”

What Freddie might have replied to this pertinent question will never be known, for at this moment, looking nervously at his watch for the twentieth time, he observed that the hands had passed the half-hour and were well on their way to twenty-five minutes to one. He bounded up with a cry.

“I must go! I shall miss that damned train!”

“And meanwhile . . . ?” said Psmith.

The familiar phrase—the words “And meanwhile” had occurred at least once in every film Freddie had ever seen—had the effect of wrenching the latter’s mind back to the subject in hand for a moment. Freddie was not a clear-thinking young man, but even he could see that he had left the negotiations suspended at a very satisfactory point. Nevertheless, he had to catch that twelve-fifty.

“Write and tell me what you think about it,” panted Freddie, skimming through the lobby like a swallow.

“You have unfortunately omitted to leave a name and address,” Psmith pointed out, following him at an easy jog-trot.