After a few moments' silence Austin said curiously: "You're a frugal bird. You used to be fastidious. Do you know that coat of yours is nearly the limit?"

"Nonsense," said Selwyn, colouring.

"It is. . . . What do you do with your money? Invest it, of course; but you ought to let me place it. You never spend any; you should have a decent little sum tucked away by this time. Do your Chaosite experiments cost anything now?"

"No; the Government is conducting them."

"Good business. What does the bally Government think of the powder, now?"

"I can't tell yet," said Selwyn listlessly. "There's a plate due to arrive to-morrow; it represents a section of the side armour of one of the new 22,000-ton battleships. . . . I hope to crack it."

"Oh!—with a bursting charge?"

Selwyn nodded, and rested his head on his hand.

A little later Austin cast the remains of his cigar from him, straightened up, yawned, patted his waistcoat, and looked wisely at the cat.

"I'm going to bed," he announced. "Boots is to bring back Nina and Eileen. . . . You don't mind, do you, Phil? I've a busy day to-morrow. . . . There's Scotch over there—you know where things are. Ring if you have a sudden desire for anything funny like peacock feathers on toast. There's cold grouse somewhere underground if you're going to be an owl. . . . And don't feed that cat on the rugs. . . . Good-night."