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 for he was seen three days before my arrival in England by a pawnbroker of my acquaintance consuming his favorite beverage, four ale, in the tavern where we met to-night. Since then he has not been heard of. I hope you will now pardon my curiosity as to the history and adventures of dark young men with spectacles. You will, I am sure, feel for me in my position; the savor of life has disappeared for me; it is a bitter thought that I have rescued one of the most perfect and exquisite specimens of antique art from the hands of ignorant, and indeed unscrupulous persons, only to deliver it into the keeping of a man who is evidently utterly devoid of the very elements of commercial morality."

"My dear sir," said Dyson, "you will allow me to compliment you on your style; your adventures have interested me exceedingly. But, forgive me, you just now used the word morality; would not some persons take exception to your own methods of business? I can conceive, myself, flaws of a moral kind being found in the very original conception you have described to me. I can imagine the Puritan shrinking in dismay from your scheme, pronouncing it unscrupulous, nay, dishonest."

Mr. Burton helped himself, very frankly, to some more whiskey.

"Your scruples entertain me," he said. "Perhaps you have not gone very deeply into these questions of ethics. I have been compelled to do so myself, just as I was forced to master a simple system of book-keeping. Without book-keeping, and still more without a system of ethics, it is impossible to conduct a business such as mine. But I assure