At the conclusion, Mr. Spout, in a solemn tone, addressed the party. "Gentleman," said he, "I am aware that the rules, which I have prepared and submitted, are stringent in the extreme, but I think they will be found, on examination, to be no more so than is essential to secure that unanimity of action so indispensable to the accomplishment of any great end. Believing, then, that you fully appreciate the importance of the end we have in view, I trust they will meet with your approval. Gentlemen, I give way to others." Mr. Spout took his seat, amid manifestations of the approval of his associates. Mr. Boggs was the first to speak on the subject of the rules. "Gentlemen," said he, "unaccustomed as I am to public speaking, and overpowered as I feel at the present moment, I should do injustice to my own feelings, did I fail to endorse the excellence of the rules reported by my friend Spout, and to give my unqualified adhesion, in accordance with the spirit which pervades them." [Illustration] Mr. Dropper said that he had but one fault to find. He was by nature fond of resisting all rules, the idea of which he had always associated with a restriction of individual liberty. The rules proposed by Mr. Spout contemplated no restriction. They were so nice an adjustment of the relations between the governor and the governed that he could not find it in his heart to resist them. Hence he would be debarred his usual gratification of combatting them. Still he was willing to give them a trial. Mr. Quackenbush liked the rules very much, as he thought it was coming down to first principles. Mr. Van Dam said that, so far as he was concerned, the matter was all right; if it wasn't, "he'd make it right." An inquiry was made as to who would fill the office of the Higholdboy. Mr. Spout replied. He said that their club was an anomaly. It differed in its features from any organization which had ever been made. He thought that its individual peculiarities should be kept up in the matter of the election of its presiding officers. He was in favor of self-elevation to the position, and of letting the voluntary acquiescence of the members measure the duration of individuals' tenure of office--in other words, when they got tired of him, leave him to preside over a meeting composed of himself and the furniture. "Now, gentlemen," concluded Mr. Spout, "who wants to be a Higholdboy? Don't all speak at once." Van Dam looked at Boggs; Boggs glanced at Dropper; Dropper eyed Quackenbush, and Quackenbush turned his eyes upon Spout.