"Well, what do you propose?" Peckover asked, a vista of escape and the enjoyment of a snatched opulence opening before him.

"I propose," Gage replied impressively, "that you should allow me to assume the title, the identity and privileges of Lord Quorn. After all, you did not expect to come into it; you are a backblocksman, like myself; only my father made it pay, and you hadn't begun to when you were sent for to join the House of Lords. So far as any one outside our two skins is concerned it doesn't matter a rush whether you are Lord Quorn, or I. So far as the British constitution goes there's no divine right about you, visible at least to the naked eye, that I don't possess. You don't feel anything like it inside, do you?"

"Can't say I do," answered Peckover, with more instant conviction than the other could possibly give him credit for.

"No," resumed Gage; "we are of the same make, I guess; and if it suits us to make a fair exchange, why nobody's hurt."

"Just so," assented Peckover. "Well, what's your offer?"

"Four thousand a year, paid monthly, as long as you let me hold the title undisputed."

Four thousand a year! It was as much as the thirty-five-shillings-a-week clerk could do to refrain from an astounded whistle at his luck. But he did repress it, and, shrewdly grappling with the overwhelming proposition, replied, after what seemed a calculating pause, "Make it five thou., and it's a bargain."

Five thousand had been the figure of Mr. Gage's willingness; only, in accordance with a well-established business method, he had offered less than he was ready to give.

"All right," he replied. "Five thousand while I'm Lord Quorn. We shan't need a written contract. It will be as much to your interest to keep quiet as it will be mine to write you a cheque on the—let's see—the ninth of every month. So that's settled, eh?" He refilled the glasses.

"Yes, my lord, that's settled," responded Peckover with a grin, and feeling happier than at any time during the past twenty-four hours. "Here's health and the best of luck to your lordship."