The melodramatic absurdity of the thing came home strongly to Haredale. But its harsh reality was equally obvious.

"Perhaps," continued the masked speaker, in a low, refined voice, and with a faint, elusive accent, "you will oblige me, Mr. Rohscheimer, by stepping forward so that your guests can see you? Sir Richard Haredale—may I trouble you?"

Rohscheimer, his heavy features slightly pale, rose unsteadily. Haredale, after a rapid glance about him, rose also, with tightened lips; and the trio moved forward into full view of the assembled company.

"The gentlemen surrounding you," said the man in the mask, slightly raising his voice, "are all sworn to the Cause which I represent. You would, perhaps, term them anarchists!"

An audible shudder passed through the assemblage.

"They are desperate men," he continued, "indifferent to death, and would, without compunction, shoot down everyone present—if I merely raised my hand! Each of them is a social pariah, with a price upon his head. Let no man think this is a jest! Any movement made without my permission will be instantly fatal."

Dzing! went the bell of a bus below. Grr-r-r! went the motor in re-starting. OO-oo! OO-oo! came from the horn of a taxi-cab. And around the wall stood the silent rank with the raised revolvers.

"I shall call upon those gentlemen whom I consider most philanthropic," resumed the musical voice, "to subscribe to my Cause! Mr. Rohscheimer, your host, will head the list with a diamond stud, valued at one thousand guineas, and two rings, representing, together, three thousand pounds! Place them on that pedestal, Mr. Rohscheimer!"

"I won't do it!" cried the financier, in rising cadence. "I defy you! I——"

"Cut it!" snapped Haredale roughly. "Don't be such a cad as to expose women——" He had caught sight of a pretty, pale face in the throng, that made the idea of these mysterious robbers opening fire doubly, trebly horrible. "It goes against the grain, but hand them over. We can do nothing—yet!"