more clearly after a personal interview. Comrade Maloney, show the gentleman in. We can give him three and a quarter minutes." Pugsy withdrew. Mr. Francis Parker proved to be a man who might have been any age between twenty-five and thirty-five. He had a smooth, clean-shaven face, and a cat-like way of moving. As Pugsy had stated in effect, he wore a tail-coat, trousers with a crease which brought a smile of kindly approval to Psmith's face, and patent-leather boots of pronounced shininess. Gloves and a tall hat, which he carried, completed an impressive picture. He moved softly into the room. "I wished to see the editor." Psmith waved a hand towards Billy. "The treat has not been denied you," he said. "Before you is Comrade Windsor, the Wyoming cracker-jack. He is our editor. I myself—I am Psmith—though but a subordinate, may also claim the title in a measure. Technically, I am but a sub-editor; but such is the mutual esteem in which Comrade Windsor and I hold each other that we may practically be said to be inseparable. We have no secrets from each other. You may address us both impartially. Will you sit for a space?" He pushed a chair towards the visitor, who seated himself with the care inspired by a perfect trouser-crease. There was a momentary silence while he selected a spot on the table on which to place his hat. "The style of the paper has changed greatly, has it not, during the past few weeks?" he said. "I have never been, shall I say, a constant reader of Cosy Moments, and I may be wrong. But is not its interest in current affairs a recent development?" "You are very right," responded Psmith. "Comrade Windsor, a man of alert and restless temperament, felt that a change was essential if Cosy Moments was to lead public thought. Comrade Wilberfloss's methods were good in their way. I have no quarrel with Comrade Wilberfloss. But he did not lead public thought. He catered exclusively for children with water on the brain, and men and women with solid ivory skulls. Comrade Windsor, with a broader view, feels that there are other and larger publics. He refuses to