"Mr. Speaker," he said, "I rise--er--to-night, sir--h'r'm, to--er----" So much of his speech I may give, but urgent State reasons compel me to withhold the rest. Were it ever known with which Bill the secret history that I have disclosed concerns itself, the Great Powers in an instant would be at each other's throats. But though I may not disclose the speech I can tell of its effect on the House. And its effect was curious. It was, in fact, the exact opposite of what Rupert Meryton, that promising Under Secretary, had intended. It was the first speech that he had ever prepared himself. Than Rupert there was no more dignified figure in the House of Commons; his honour was proof, as we have seen, against the most insidious temptations; yet, since one man cannot have all the virtues, he was distinctly stupid. It would have been a hopeless speech anyhow; but, to make matters worse, he had, in the most important part of it, attempted irony. And at the beginning of the ironical passage even the Tariffadical word-painters had to confess that it was their own stalwarts who "suddenly paled." As Lady Marchpane had said, it was bound to be a close thing. The Liberatives and the Unialists, of course, were solid against the Bill, but there was also something of a cave in the Tariffadical Party. It was bound to be a close thing, and Rupert's speech just made the difference. When he sat down the waverers and doubters had made up their minds. The Bill was defeated. . . . . . That the Tariffadicals should resign was natural; perhaps it was equally natural that Rupert's secretary should resign too. He said that his reputation would be gone if Rupert made any more speeches on his own, and that he wasn't going to risk it. Without his secretary Rupert was lost at the General Election which followed. Fortunately he had a grateful friend in Lady Marchpane. She exerted her influence with the Liberatives, and got him an appointment as Governor of the Stickjaw Islands. Here, with his beautiful and rich wife, Sir Rupert Meryton maintains a regal state, and upon his name no breath of scandal rests. Indeed, his only trouble so far has been with the Stickjaw language--a difficult language, but one which, perhaps fortunately, does not lend itself to irony. THE MAGNATE