Inquirer. By Jove, then, how on earth do they manage to get over all that distance with so few strokes. (Refers to paper.) It says, "Oxford rowed 37 all the way, while Cambridge contented themselves with a well-pulled 35." (With a happy inspiration.) If Cambridge can do it in 35 strokes, while Oxford take 37, it looks jolly like Cambridge winning by two strokes, don't it?

First W. I. M. All right; I'll lay you the odds on Oxford.

Second W. I. M. Good, I'll take 'em to five pounds. Oxford can't win.

First W. I. M. (confidently). Cambridge can't win. Anyway, I'll lay you ten pounds to five.

Inquirer. I should like to have a bet with somebody.

Average Man. You'd better write to one of the Presidents of the University-Boat Clubs. They're always ready to oblige a keen fellow like you with a bet.

Inquirer. Of course. That's my best plan. I'll write to-day.

[Terminus.


UPON TERMS.