"I dare say." But Chantry's mind was wandering through other defiles. "Odd, that he should have snatched his life out of the very jaws of what-do-you-call-it, once, only to give it up at last, politely, of his own volition."

"You may well say it." Havelock spoke with more earnestness than he had done. "If you're not a socialist when I get through with you, Chantry, my boy—"

"Lord, Lord! don't tell me your beastly socialism is mixed up with it all! I never took to Ferguson, but he was no syndicalist. In life or in death, I'd swear to that."

"Ah, no. If he had been! But all I mean is that, in a properly regulated state, Ferguson's tragedy would not have occurred."

"So it was a tragedy?"

"He was a loss to the state, God knows."

Had they been speaking of anything less dignified than death and genius, Havelock might have sounded a little austere and silly. As it was—Chantry bit back, and swallowed, his censure.

"That's why I want to know what you think," went on Havelock, irrelevantly. "Whether your damned code of honor is worth Ferguson."

"It's not my damned code any more than yours," broke in Chantry.

"Yes, it is. Or, at least, we break it down at different points—theoretically. Actually, we walk all round it every day to be sure it's intact. Let's be honest."