cautioned his friend at the first opportunity.

"Better cash in and change your seat, Monty. They're robbing you," he
whispered.

"Cash in when I'm away ahead of the game? Never!" and Monty did his
best to assume a joyful tone.

At first he played with no effort at system, piling his money flat on
the numbers which seemed to have least chance of winning. But he simply
could not lose. Then he tried to reverse different systems he had heard
of, but they turned out to be winners. Finally in desperation he began
doubling on one color in the hope that he would surely lose in the end,
but his particular fate was against him. With his entire stake on the
red the ball continued to fall into the red holes until the croupier
announced that the bank was broken.

Dan DeMille gathered in the money and counted forty thousand dollars
before he handed it to Monty. His friends were overjoyed when he left
the table, and wondered why he looked so downhearted. Inwardly he
berated himself for not taking Peggy's advice.

"I'm so glad for your sake that you did not stop when I asked you,
Monty, but your luck does not change my belief that gambling is next to
stealing," Peggy was constrained to say as they went to supper.

"I wish I had taken your advice," he said gloomily.

"And missed the fortune you have won? How foolish of you, Monty! You
were a loser by several thousand dollars then," she objected with
whimsical inconsistency.

"But, Peggy," he said quietly, looking deep into her eyes, "it would
have won me your respect."

CHAPTER XXI

FAIRYLAND

Monty's situation was desperate. Only a little more than six thousand
dollars had been spent on the carnival and no opportunity of
annihilating the roulette winnings seemed to offer itself. His
experience at Monte Carlo did not encourage him to try again, and
Peggy's attitude toward the place was distinctly antagonistic. The
Riviera presenting no new opportunities for extravagance, it became
necessary to seek other worlds.

"I never before understood the real meaning of the phrase 'tight
money,'" thought Monty. "Lord, if it would only loosen a bit and stay
loosened." Something must be done, he realized, to earn his living.
Perhaps the role of the princely profligate would be easier in Italy
than anywhere else. He studied the outlook from every point of view,
but there were moments when it seemed hopeless. Baedeker was
provokingly barren of suggestions for extravagance and