position. Each man, in his own way, paid the cost: Hamilton, mad at Maxim's; Chic pacing the floor, with beaded brow, at night. With these two examples before him, surely he should have learned his lesson. Against them he could place his own normal life--ten years of it without a single hour such as these hours through which he was now living. That was because he had kept steady. Ambition, love, drunkenness, gluttony--these were all excesses. His own father had desired mightily to be governor of a State, and it had killed him; his grandfather had died amassing the Covington fortune; he had friends who had died of love, and others who had overdrunk and overeaten. The secret of happiness was not to want anything you did not have. If you went beyond that, you paid the cost in new sacrifices, leading again to sacrifices growing out of those. Monte lighted a cigarette and inhaled a deep puff. The thing for him to do was fairly clear: to pack his bag and leave while he still retained the use of his reasoning faculties. He had been swept off his feet for an instant, that was all. Let him go on with his schedule for a month, and he would recover his balance. The suggestion was considerably simplified by the fact that it was not necessary to consider Marjory in any way. He would be in no sense deserting her, because she was in no way dependent upon him. She had ample funds of her own, and Marie for company. He had not married her because of any need she had for him along those lines. The protection of his name she would still have. As Mrs. Covington she could travel as safely without him as with him. Even Hamilton was eliminated. He had received his lesson. Anyway, she would probably leave Paris at once for Etois, and so be out of reach of Hamilton. Monte wondered if she would miss him. Perhaps, for a day or so; but, after all, she would have without him the same wider freedom she craved. She would have all the advantages of a widow without the necessity of admitting that her husband was dead. He would always be in the background--an invisible guard. It was odd that neither she nor he had considered that as an attractive possibility. It was decidedly more practical than the present arrangement. As for himself, he was ready to admit frankly that after to-day golf on an English course would for a time be a bore. From the first sight of her this morning until now, he had not had a dull moment. She had taken him back to the days when his emotions had been quick to respond to each day as a new adventure in life. It was last winter in Davos that he had first begun to note the keen edge of pleasure becoming the least bit dulled. He had followed the routine of his amusements almost mechanically. He had been conscious of a younger element there who seemed to crowd in just ahead of him. Some of them were young ladies he remembered having seen with