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would a great many other people. Every one is willing to admit that she would like our Colonies, but no one will believe that she has the courage to strike a blow for them. I will tell you what I believe, Duncombe. I believe that no Great Power has ever before been in so dangerous a position as we are in to-day." Duncombe sat up in his chair. The weariness passed from his face, and he was distinctly interested. Lord Runton, without being an ardent politician, was a man of common-sense, and was closely connected with more than one member of the Cabinet. "Are you serious, Runton?" he asked. "Absolutely! Remember, I was in Berlin for two years, and I had many opportunities of gaining an insight into affairs there. What I can see coming now I have expected for years. There are two great factors which make for war. One is the character of the Emperor himself, and the other the inevitable rot, which must creep like a disease into a great army kept always upon a war footing, through a decade or more of inactivity. The Emperor is shrewd enough to see this. Nothing can possibly exist at its best which is not used for the purpose to which it owes its existence. That is why we have this flood of literature just now telling us of the gross abuses and general rottenness of the German army. Another five years of idleness, and Germany's position as the first military nation will have passed away. Like every other great power, it is rusting for want of use. The Emperor knows this." Duncombe for many reasons was fascinated by his friend's quiet words. Apart from their obvious plausibility, they brought with them many startling suggestions. Had chance, he wondered, really made Phyllis Poynton and her brother pawns in the great game? He felt himself stirred to a rare emotion by the flood of possibilities which swept in suddenly upon him. Lord Runton noted with surprise the signs of growing excitement in his listener. "Go on, Runton. Anything else?" Lord Runton helped himself to a cigarette, and leaned across to light it. "Of course," he continued, "I know that there are a great many people who firmly believe that for commercial reasons Germany would never seek a quarrel with us. I will agree with them so far as to say that I do not believe that a war with England would be popular amongst the bourgeois of Germany. On the other hand, they would be quite powerless to prevent it. The Emperor and his ministers have the affair
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