," Sir Frederick expostulated, "you are spoiling my
party. You don't want to quarrel with me, do you?"

"Quarrel with you, Freddy?" Dredlinton replied, patting him on the back
affectionately. "Not I! I'm too fond of you, old dear. You give too nice
parties. Always the right sort of people--except for that bounder over
there," he went on, nodding his head towards Wingate.

"Then sit down and don't make an ass of yourself," his host begged.
"You're spoiling every one's enjoyment, making a disturbance like this."

"Spoiling their enjoyment be hanged!" Dredlinton scoffed. "Tell you what,
I'm going to make the party go. I'm going to have a bit of fun. What
about an auction, eh?---an auction with two bidders only--both
millionaires--one's a pal and the other isn't. Both want the same
thing--happens to be mine. Damn! I never thought it was worth anything,
but here goes. What'll you bid, Phipps?"

Phipps apprised the situation and decided upon his role. He had a very
correct intuition as to what was likely to happen.

"Sit down and don't be an ass, Dredlinton," he laughed. "Don't take the
fellow seriously," he went on, speaking generally. "He's all right as
long as you let him alone. You're all right, aren't you, Dredlinton?"

"Right as rain," was the confident reply. "But let's hear your bid, if
you're going to make one."

"Bid? You've got nothing to sell," Phipps declared good humouredly, with
a covert glance towards Wingate. "What are you getting rid of, eh? Your
household goods?"

"Come on, Phipps," Dredlinton persisted. "You're not going to fade away
like that. You've given me the straight tip. You were the only man in the
running. Clear course. No jealousy. Up to you to step in and win. You've
got a rival, I tell you. You'll have to bid or lose her. Open your mouth
wide, man. Start it with ten thou."

"Sit down, you blithering jackass!" Phipps roared. "Give him a drink,
some one, and keep him quiet."

"Don't want a drink," Dredlinton replied, shaking himself free from
Kendrick's grasp. "Want to keep my head clear. Big deal, this. May
reestablish the fortunes of a fallen family. Gad, it's a night for all
you outsiders to remember, this!" he went on, glancing insolently around
the table. "Don't often have the chance of seeing a nobleman selling his
household treasures. Come on, Wingate. Phipps is shy about starting.
Let's have your bid. What about ten thou, eh?"

Wingate came slowly around the table. His eyes ne