Cholmondeley Rowden had invited a select circle of friends to join him in a “petit diner a la stag,” as he expressed it.

Eight months of Paris and the cold, cold world had worked a wonderful change in Mr Rowden. For one thing, he had shaved his whiskers and now wore only a mustache. For another, he had learned to like and respect a fair portion of the French students, and in consequence was respected and liked in return.

He had had two fights, in both of which he had contributed to the glory of the British Empire and prize ring.

He was a better sparrer than Clifford and was his equal in the use of the foils. Like Clifford, he was a capital banjoist, but he insisted that cricket was far superior to baseball, and this was the only bone of contention that ever fell between the two.

Clifford played his shameless jokes as usual, accompanied by the enthusiastic applause of Rowden. Clifford also played “The Widow Nolan’s Goat” upon his banjo, accompanied by the intricate pizzicatos of Rowden.

Clifford drank numerous bottles of double X with Rowden, and Rowden consumed uncounted egg-flips with Clifford. They were inseparable; in fact, the triumvirate, Clifford, Elliott and Rowden, even went so far as to dress alike, and mean-natured people hinted that they had but one common style in painting. But they did not make the remark to any of the triumvirate. They were very fond of each other, these precious triumvirs, but they did not address each other by nicknames, and perhaps it was because they respected each other enough to refrain from familiarities that this alliance lasted as long as they lived.

It was a beautiful sight, that of the three youths, when they sallied forth in company, hatted, clothed, and gloved alike, and each followed by a murderous-looking bulldog. The animals were of the brindled variety, and each was garnished with a steel spiked collar. Timid people often crossed to the other side of the street on meeting this procession.

Braith laughed at the whole performance, but secretly thought that a little of their spare energy and imagination might have been spent to advantage upon their artistic productions.

Braith was doing splendidly. His last year’s picture had been hung on the line and, in spite of his number three, he had received a third class medal and had been praised—even generously—by artists and critics, including Albert Wolff. He was hard at work on a large canvas for the coming International Exhibition at Paris; he had sold a number of smaller studies, and besides had pictures well hung in Munich and in more than one gallery at home.

At last, after ten years of hard work, struggles, and disappointments, he began to enjoy a measure of success. He and Gethryn saw little of each other this winter, excepting at Julien’s. That last visit to the Rue Monsieur le Prince was never mentioned between them. They were as cordial when they met as ever, but Braith did not visit his young friend any more, and Gethryn never spoke to him of Yvonne.