think it has now heard the last of the late monsieur and his patriotic sufferings.  Jones, I suppose you know, left us about a year ago.  The poor old fellow never recovered from his fright on that night, to say nothing of the cold he caught in your draughty coal-cellar, where he took refuge.  The bank relieved him in response to his urgent petitions, and they’ve sent us out a young Puritan, to whom it would be quite in vain to apply for a timely little loan.

“I wish I could give you as satisfactory an account of public affairs.  You were more or less behind the scenes over here, so you know that to keep the machine going is by no means an easy task.  I have kept it going, single-handed, for fifteen years, and though it’s the custom to call me a mere adventurer (and I don’t say that’s wrong), upon my word I think I’ve given them a pretty decent Government.  But I’ve had enough of it by now.  The fact is, my dear Martin, I’m not so young as I was.  In years I’m not much past middle age, but I’ve had the devil of a life of it, and I shouldn’t be surprised if old Marcus Whittingham’s lease was pretty nearly up.  At any rate, my only chance, so Anderson tells me, is to get rest, and I’m going to give myself that chance.  I had thought at first of trying to find a successor (as I have been denied an heir of my body), and I thought of you.  But, while I was considering this, I received a confidential proposal from the Government of ——­ [here the President named the state of which Aureataland had formed part].  They were very anxious to get back their province; at the same time, they were not at all anxious to try conclusions with me again.  In short, they offered, if Aureataland would come back, a guarantee of local autonomy and full freedom; they would take on themselves the burden of the debt, and last, but not least, they would offer the present President of the Republic a compensation of five hundred thousand dollars.

“I have not yet finally accepted the offer, but I am going to do so—­obtaining, as a matter of form, the sanction of the Assembly.  I have made them double their offer to me, but in the public documents the money is to stand at the original figure.  This recognition of my services, together with my little savings (restored, my dear Martin, to the washstand), will make me pretty comfortable in my old age, and leave a competence for my widow.  Aureataland has had a run alone; if there had been any grit in the people they would have made a nation of themselves.  There isn’t any, and I’m not going to slave myself for them any longer.  No doubt they’ll be very well treated, and to tell the truth, I don’t much care if they aren’t.  After all, they’re a mongrel lot.

“I know you’ll be pleased to hear of this arrangement, as it gives your old masters a better chance of getting their money, for, between ourselves, they’d never have got it out of me.  At the risk of shocking your