“You have come to me to tell your story, have you not?” said he. “You are fatigued with your haste. Pray wait until you have recovered yourself, and then I shall be most happy to look into any little problem which you may submit to me.”

The man sat for a minute or more with a heaving chest, fighting against his emotion. Then he passed his handkerchief over his brow, set his lips tight, and turned his face towards us.

“No doubt you think me mad?” said he.

“I see that you have had some great trouble,” responded Holmes.

“God knows I have! — a trouble which is enough to unseat my reason, so sudden and so terrible is it. Public disgrace I might have faced, although I am a man whose character has never yet borne a stain. Private affliction also is the lot of every man; but the two coming together, and in so frightful a form, have been enough to shake my very soul. Besides, it is not I alone. The very noblest in the land may suffer unless some way be found out of this horrible affair.”

“Pray compose yourself, sir,” said Holmes, “and let me have a clear account of who you are are and what it is that has befallen you.”

“My name,” answered our visitor, “is probably familiar to your ears. I am Alexander Holder, of the banking firm of Holder & Stevenson, of Threadneedle Street.”

The name was indeed well known to us as belonging to the senior partner in the second largest private banking concern in the City of London. What could have happened, then, to bring one of the foremost citizens of London to this most pitiable pass? We waited, all curiosity, until with another effort he braced himself to tell his story.

“I feel that time is of value,” said he; “that is why I hastened here when the police inspector suggested that I should secure your cooperation. I came to Baker Street by the Underground and hurried from there on foot, for the cabs go slowly through this snow. That is why I was so out of breath, for I am a man who takes very little exercise. I feel better now, and I will put the facts before you as shortly and yet as clearly as I can.

“It is, of course, well known to you that in a successful banking business as much depends upon our being able to find remunerative investments for our funds as upon our increasing our connection and the number of our depositors. One of our most lucrative means of laying out money is in the shape of loans, where the security is unimpeachable. We have done a good deal in this direction during the last few years, and there are many noble families to whom we have advanced large sums upon the security of their pictures, libraries, or plate.

“Yesterday morning I was seated in my office at the bank when a card was brought in to me by one of the clerks. I started when I saw the name, for it was that of none other than — well, perhaps even to you I had better say no more than that it was a name which is a household word all over the earth — one of the highest, noblest, most exalted names in England. I was overwhelmed by the honour and attempted, when he entered, to say so, but he plunged at once into business with the air of a man who wishes to hurry quickly through a disagreeable task.

“Ah, he’s not so innocent as all that,” said Tanny roughly. “Those young young men, who seem so fresh, they’re deep enough, really. They’re far less innocent really than men who are experienced.”

“They are, aren’t they, Tanny,” repeated Julia softly. “They’re old— older than the Old Man of the Seas, sometimes, aren’t they? Incredibly old, like little boys who know too much—aren’t they? Yes!” She spoke quietly, seriously, as if it had struck her.

Below, the orchestra was coming in. Josephine was watching closely. Julia became aware of this.

“Do you see anybody we know, Josephine?” she asked.

Josephine started.

“No,” she said, looking at her friends quickly and furtively.

“Dear old Josephine, she knows all sorts of people,” sang Julia.

At that moment the men returned.

“Have you actually come back!” exclaimed Tanny to them. They sat down without answering. Jim spread himself as far as he could, in the narrow space. He stared upwards, wrinkling his ugly, queer face. It was evident he was in one of his moods.

“If only somebody loved me!” he complained. “If only somebody loved me I should be all right. I’m going to pieces.” He sat up and peered into the faces of the women.

“But we ALL love you,” said Josephine, laughing uneasily. “Why aren’t you satisfied?”

“I’m not satisfied. I’m not satisfied,” murmured Jim.

“Would you like to be wrapped in swaddling bands and laid at the breast?” asked Lilly, disagreeably.

Jim opened his mouth in a grin, and gazed long and malevolently at his questioner.

“Yes,” he said. Then he sprawled his long six foot of limb and body across the box again.

“You should try loving somebody, for a change,” said Tanny. “You’ve been loved too often. Why not try and love somebody?”

Jim eyed her narrowly.

“I couldn’t love YOU,” he said, in vicious tones.

“A la bonne heure!” said Tanny.

But Jim sank his chin on his chest, and repeated obstinately:

“I want to be loved.”

“How many times have you been loved?” Robert asked him. “It would be rather interesting to know.”

Jim looked at Robert long and slow, but did not answer.

“Did you ever keep count?” Tanny persisted.

Jim looked up at her, malevolent.

“I believe I did,” he replied.

“Forty is the age when a man should begin to reckon up,” said Lilly.

Jim suddenly sprang to his feet, and brandished his fists.

“I’ll pitch the lot of you over the bloody rail,” he said.

He glared at them, from under his bald, wrinkled forehead. Josephine glanced round. She had become a dusky white colour. She was afraid of him, and she disliked him intensely nowadays.

“Do you recognise anyone in the orchestra?” she asked.