Lord Lammersfield smiled cynically. "The human voice," he remarked, "is a very curious thing. Singly, it can be charming; collectively—" He shrugged his shoulders.

"Collectively," I finished, "it strikes me as the most unpleasant of all animal noises."

"An excellent description," said Lammersfield. "Suppose we exchange it for the smoking-room and a couple of Sangatte's cigarettes. I want to talk over one or two matters, if you can spare me ten minutes."

"Why, certainly," I replied; and turning from the door of the ballroom, I accompanied Lammersfield across the crowded landing and down a long gallery hung with family portraits. The smoking-room was at the extreme end, and when we entered we found ourselves in solitary possession.

I naturally felt curious as to what the "one or two matters" might be which a Cabinet Minister was anxious to discuss. It was just possible, I reflected, that Northcote might have been mixing himself up with politics, and as I was vastly ignorant of such things myself, I was keenly on my guard lest I should betray the fact by some inept remark.

My mind was soon to be relieved on this point, but in a totally unexpected fashion. As a matter of fact, Lammersfield's opening words baffled me much more than any political observation could possibly have done.

"It's no good beating about the bush, Northcote," he said quietly. "I haven't got the money at present, and it is quite impossible for me to raise it."

If, in my surprise, I didn't blurt out, "What money?" it was more by the grace of Heaven than from any particular intelligence on my part.

"To put matters quite frankly," continued Lammersfield pleasantly, "I am in your hands. If you choose to press me, I shall have to sell up Cranleigh and retire from politics. The British public will forgive anything on the part of its leaders except adultery or loss of money. The latter, I believe, is regarded as the greater crime of the two, especially when, as in my case, it arises from a long period of unsuccessful racing. Should you care to wait, I will pay you directly I have the opportunity. On the other hand, if my present diabolic fortune pursues me much longer, there will probably be nothing left of Cranleigh for you to realise on."

By this time I had recovered myself sufficiently to grasp the situation. It was plain that Northcote must have lent money to Lord Lammersfield—a large sum of money, from the way the latter was speaking—and that the nominal day of reckoning was at hand. What Northcote's object had been I had no idea, but I realised with rapid satisfaction that it put me in the position of being able to do a good turn to a man who might prove extremely useful. There is nothing more agreeable than being generous with other people's money, and I determined to make the most of my opportunity.