"FIFTY TEN-POUND NOTES!!

"ONE HUNDRED FIVE-POUND NOTES!!!"

--a prize for "the most intelligent" article, explaining the cause,
or causes, of "the present distress and commercial crisis".

Loveday read it smiling.

"Ah", said he, "but who is to be the judge of 'the most intelligent'
article? Pearson must himself be of the highest intelligence to
decide".

"True", said Hogarth. "But the man who offered that prize has
indicated to the nation the thing which it should be doing. If I was
able to form an Association to enter this competition--and why not?
Stop--I will go with you--"

So that evening they walked to Beccles, and took train for Yarmouth.

The candidate to speak was a Mr. Moses Max, a Liberal Jew; the chair
to be taken by Baruch Frankl; and in the midst of a row, the stately
great men entered upon the platform and occupied it, hisses like the
escape of steam mixing with "He's a jolly good fellow". Midway down
the pit sat Loveday, and with him Hogarth, whose large stare ranged
solemnly round and down from galleries to floor.

Frankl sipped water, and rose, amid shouts of: "Circular!" "Caps-
and-tassels!"