hold the key of the situation. One convert like you or me is worth
a thousand ignorant East-end labourers, with nothing but their
hands and their votes to count upon.'

'But you are not a convert, Herbert.'

'I didn't say I was. I'm a critic. There's no necessity to throw
oneself open-armed into the embrace of either party. The wise man
can wait and watch the progress of the game, backing the winner
for the time being at all the critical moments, and hedging if
necessary when the chances turn momentarily against the favourite.
There's a ring at the bell: that's Oswald; let's go down to the
door to meet him.'

Ernest ran down the stairs rapidly, as was his wont; Herbert
followed in a more leisurely fashion, still rolling the cigarette
between his delicate finger and thumb. 'Goodness gracious, Oswald!'
Ernest exclaimed as his friend stepped in, 'why, you've actually
come in evening dress! A white tie and all! What on earth will
Max say? He'll be perfectly scandalised at such a shocking and
unprecedented outrage. This will never do; you must dissemble
somehow or other.'

Oswald laughed. 'I had no idea,' he said, 'Herr Schurz was such
a truculent sans-culotte as that comes to. As it was an evening
reception I thought, of course, one ought to turn up in evening
clothes.'

'Evening clothes! My dear fellow, how on earth do you suppose a
set of poor Leicester Square outlaws are going to get themselves