"I fear that there is nothing to be done, except wait. The present rigime is but an experiment. It may be that when Comrade Wilberfloss, having dodged the bears and eluded the wild cat, returns to his post at the helm of this journal, he may decide not to continue on the lines at present mapped out. He should be back in about ten weeks."

"Ten weeks!"

"I fancy that was to be the duration of his holiday. Till then my advice to you gentlemen is to wait. You may rely on me to keep a watchful eye upon your interests. When your thoughts tend to take a gloomy turn, say to yourselves, 'All is well. Psmith is keeping a watchful eye upon our interests.'"

"All the same, I should like to see this W. Windsor," said Mr. Asher.

Psmith shook his head.

"I shouldn't," he said. "I speak in your best interests. Comrade Windsor is a man of the fiercest passions. He cannot brook interference. Were you to question the wisdom of his plans, there is no knowing what might not happen. He would be the first to regret any violent action, when once he had cooled off, but would that be any consolation to his victim? I think not. Of course, if you wish it, I could arrange a meeting—"

Mr. Asher said no, he thought it didn't matter.

"I guess I can wait," he said.

"That," said Psmith approvingly, "is the right spirit. Wait. That is the watch-word. And now," he added, rising, "I wonder if a bit of lunch somewhere might not be a good thing? We have had an interesting but fatiguing little chat. Our tissues require restoring. If you gentlemen would care to join me—"

Ten minutes later the company was seated in complete harmony round a table at the Knickerbocker. Psmith, with the dignified bonhomie of a seigneur of the old school, was ordering the wine; while B. Henderson Asher, brimming over with good-humour, was relating to an attentive circle an anecdote which should have appeared in his next instalment of "Moments of Mirth."