he had taken his morning canter in the park. As he watched the riders come and go, it seemed incredible--now. In spite of his physical distress it still tickled him to notice how badly some of them rode; the "Liver Brigade" always had been famous for its bad riding. But what did it matter how they rode? The world went very well with them; they had slept on spring mattresses, between linen sheets, had come from luxurious homes, were returning to an excellent meal, which they probably lacked appetite to enjoy; while he----! He was rapidly approaching that state of mind in which the anarchist throws bombs; if he had had one handy he might have thrown it at one of those well-fed looking persons there and then. If he were to stop one of them and ask him for the price of a loaf of bread? Was it not probable that, instead of giving him what he asked, he would summon the police? He knew them, ignorant, stupid, selfish to the backbone, thinking that no one could be hungry because they themselves were too well fed. The pangs of hunger seemed suddenly to grow more intense; he would have to get food somewhere, somehow, soon. Two pedestrians came down the path, an old and a young man. They hailed a passing rider. He stopped; they drew close up to the rails as he came towards them. They were within three feet of Sydney Beaton. He could hear distinctly what was said. The elder man drew out a sovereign purse, and from it two gold coins. He said to the equestrian: "You were right, Buxton, and I'm the loser. Here are your ill-gotten gains." He held out the coins towards the man on the horse. Always a creature of impulse, Sydney Beaton gave way to the worst impulse he had ever had yet; in other words, he all at once went stark, staring mad. The old gentleman's umbrella was under his arm, in his left hand were the two coins, in his right the sovereign purse, still open. A heavy gold chain stretched from pocket to pocket across his waistcoat unguarded. Probably there was a handsome gold watch at the other end of it. No thought of anything of the kind had been in Beaton's mind one instant; the next he stepped forward and, snatching at the unguarded chain, had it in his possession before he himself clearly realised what he was doing. The act was so audacious, so instantaneous, so unexpected, so astounding, that for three or four seconds even the victim did not appreciate what had happened. Then he shouted, so that he might have been heard outside the park"The scoundrel's taken my watch and chain!" Then his companion became alive to what had occurred, and the man on the horse to whom he had been about to give the coins, and