.

but all these persons were occupying or about to occupy adjacent rooms. There was truly nothing mysterious about it, save that the stranger had picked out these very names as a target for his banter. Fortune Chedsoye; it was rather an unusual name; but as she had arrived only an hour or so before, he could not distinctly recall her features. And then, there was that word bucolic. He mentally turned it over and over as physically he was wont to do with post-cards left in his care to mail. He could make nothing of the word, except that it smacked of the East Indian plague.

      Here he was saved from further cerebral agony by a timely interruption. A man, who was not of bucolic persuasion either in dress or speech, urban from the tips of his bleached fingers to the bulb of his bibulous nose, leaned across the counter and asked if Mr. Horace Ryanne had yet arrived. Yes, he had just arrived; he was even now on his way to his room. The urban gentleman nodded. Then, with a finger slim and well-trimmed, he trailed up and down the guest-list.

      "Ha! I see that you have the Duke of What-d'ye-call from Germany here. I'll give you my card. Send it up to Mr. Ryanne. No hurry. I shall be in again after dinner."

      He bustled off toward the door. He was pursy, well-fed, and decently dressed, the sort of a man who, when he moved in any direction, created the impression that he had an important engagement somewhere else or was paring minutes from time-tables. For a man in his business it was a clever expedient, deceiving all but those who knew him. He hesitated at the door, however, as if he had changed his mind in the twenty-odd paces it took to reach it. He stared for a long period at the elderly gentleman who was watching the feluccas on the river through the window. The white mustache and imperial stood out in crisp relief against the ruddy sunburn on his face. If he was aware of this scrutiny on the part of the pursy gentleman, he gave not the least sign. The revolving door spun round, sending a puff of outdoor air into the lounging-room. The elderly gentleman then smiled, and applied his thumb and forefinger to the waxen point of his imperial.

      In the intervening time Mr. Ryanne entered his room, threw the bundle on the bed, sat down beside it, and read his letter. Shadows and lights moved across his face; frowns that hardened it, smiles that mellowed it. Women hold the trick of writing letters. Do they hate, their thoughts flash and burn from line to line. Do they love, 'tis lettered music. Do they conspire, the breadth of their imagination is without horizon. At best, man can indite only a polite business letter, his love-notes were adjudged long since a maudlin collection of loose sentences. In this letter Mr. Ryanne found the three parts of life.

      "She's a good general; but hang these brimstone efforts of hers. She talks too much of heart. For my part, I prefer to regard it as a mere physical function, a pump, a motor, a power that gives action to the legs, either in coming or in going, more especially in going." He laughed. "Well, hers is the inspiration and hers is the law. And to think that she could plan all this on the spur of the moment, down to the minutest detail! It's a science." He put the letter away, slid out his legs and glared at the dusty tips of his shoes. "The United Romance and Adventure Company, Ltd., of New York, London, and Paris. She has the greatest gift of all, the sense of humor."

      He rose and opened his kit-bag doubtfully. He rummaged about in the depths and at last straightened up with a mild oath.

      "Not a pair of cuffs in the whole outfit, not a shirt, not a collar. Oh, well, when a man has to leave Bagdad the way I did, over the back fence, so to speak, linen doesn't count."

      He drew down his cuffs, detached and reversed them, he turned his folding collar wrong-side out, and used the under side of the foot-rug as a shoe-polisher. It was the ingenius procedure of a man who was used to being out late of nights, who made all things answer all purposes. This rapid and singularly careless toilet completed, he centered his concern upon the more vital matter of finances. He was close to the nadir: four sovereigns, a florin, and a collection of battered coppers that would have tickled the pulse of an amateur numismatist.

      "No vintage to-night, my boy; no long, fat Havana, either. A bottle of stout and a few rags of plug-cut; that's the pace we'll travel this evening. The United Romance and Adventure Company is not listed at present. If it was, I'd sell a few shares on my own hook. The kind Lord knows that I've stock enough and to spare." He laughed again, but without the leaven of humor. "When the fool-killer snatches up the last fool, let rogues look to themselves; and fools are getting scarcer every day.

      "Percival Algernon! O age of poets! I wonder, does he wear high collars and spats, or has she plumbed him accurately? She is generally right. But a man changes some in seven years. I'm an authority when it comes to that. Look what's happened to me in seven years! First, Horace, we shall dine, then we'll smoke our pipe in the billiard-room, then we'll softly approach Percival Algernon and introduce him to Sinbad. This independent excursion to Bagdad was a stroke on my part; it will work into the general plan as smoothly as if it had been grooved for the part. Sinbad. I might just as well have assumed that name: Horace Sinbad, sounds well and looks well." He mused in silence, his hand gently rubbing his chin; for he did possess the trick of talking aloud, in a low monotone, a habit acquired during periods of loneliness, when the sound of his own voice had succeeded in steadying his tottering mind.

      What a woman, what a wife, she would have been to the right man! Odd thing, a man can do almost anything but direct his affections; they must be drawn. She was not for him; nay, not even on a desert isle. Doubtless he was a fool. In time she would have made him a rich man. Alack! It was always the one we pursued that we loved and never the one that pursued us.

      "I'm afraid of her; and there you are. There isn't a man living who has gone back of that Mona Lisa smile of hers. If she was the last woman and I was the last man, I don't say." He hunted for a cigarette, but failed to find one. "Almost at the bottom, boy; the winter of our discontent, and no sun of York to make it glorious. Twenty-four hundred at cards, and to lose it like a tyro! Wallace has taught me all he knows, but I'm a booby. Twenty-four hundred, firm's money. It's a failing of mine, the firm's money. But, damn it all, I can't cheat a man at cards; I'd rather cut his throat."

      He found his pipe, and a careful search of the corners of his coat-pockets revealed a meager pipeful of tobacco. He picked out the little balls of wool, the ground-coffee, the cloves, and pushed the charge home into the crusted bowl of his briar.

      "To the devil with economy! A pint of burgundy and a perfecto if they hale us to jail for it. I'm dead tired. I've seen three corners in hell in the past two months. I'm going as far as four sovereigns will take me… Fortune Chedsoye." His blue eyes became less hard and his mouth less defiant. "I repeat, the heart should be nothing but a pump. Otherwise it gets in the way, becomes an obstruction, a bottomless pit. Will-power, that's the ticket. I can face a lion without an extra beat, I can face the various countenances of death without an additional flutter; and yet, here's a girl who, when I see her or think of her, sends the pulse soaring from seventy-seven up to eighty-four. Bad business; besides, it's so infernally unfashionable. It's hard work for a man to keep his balance 'twixt the devil and the deep, blue sea; Gioconda on one side and Fortune on the other. Gioconda throws open windows and doors at my approach; but Fortune locks and bars hers, nor knocks at mine. That's the way it always goes.

      "If a man could only go back ten years and take a new start. Ass!" balling his fist at the reflection in the mirror. "Snivel and whine over the bed of your own making. You had your opportunity, but you listened to the popping of champagne-corks, the mutter of cards, the inane drivel of chorus-ladies. You had a decent college record, too. Bah! What a guileless fool you were! You ran on, didn't you, till you found your neck in the loop at the end of the rope? And perhaps that soft-footed, estimable brother of yours didn't yank it taut as a hangman's? You heard the codicil; into one ear and out the other. Even then you had your chance; patience for two short years, and a million. No, a thousand times no. You knew what you were about, empty-headed fool! And to-day, two pennies for a dead man's eyes."

      He dropped his fist dejectedly. Where had the first step begun? And where would be the last? In some drab corner, possibly; drink, morphine, or starvation; he'd never have the courage to finish it with a bullet. He was terribly bitter. Everything worth while seemed to have slipped through his fingers, his pleasure-loving fingers.

      "Come, come, Horace; buck up. Still the ruby kindles in the vine. No turning back now. We'll go on till we come bang! against the wall. There may be some good bouts between here and there. I wonder what