Bill (surname unknown) was not one of your ultra-scientific fighters. He did not favour the American crouch and the artistic feint. He had a style wholly his own. It seemed to have been modelled partly on a tortoise and partly on a windmill. His head he appeared to be trying to conceal between his shoulders, and he whirled his arms alternately in circular sweeps.

Mike, on the other hand, stood upright and hit straight, with the result that he hurt his knuckles very much on his opponent's skull, without seeming to disturb the latter to any great extent. In the process he received one of the windmill swings on the left ear. The crowd, strong pro-Billites, raised a cheer.

This maddened Mike. He assumed the offensive. Bill, satisfied for the moment with his success, had stepped back, and was indulging in some fancy sparring, when Mike sprang upon him like a panther. They clinched, and Mike, who had got the under grip, hurled Bill forcibly against a stout man who looked like a publican. The two fell in a heap, Bill underneath.

At the same time Bill's friends joined in.

The first intimation Mike had of this was a violent blow across the shoulders with a walking-stick. Even if he had been wearing his overcoat, the blow would have hurt. As he was in his jacket it hurt more than anything he had ever experienced in his life. He leapt up with a yell, but Psmith was there before him. Mike saw his assailant lift the stick again, and then collapse as the old Etonian's right took him under the chin.

He darted to Psmith's side.

'This is no place for us,' observed the latter sadly. 'Shift ho, I think. Come on.'

They dashed simultaneously for the spot where the crowd was thinnest. The ring which had formed round Mike and Bill had broken up as the result of the intervention of Bill's allies, and at the spot for which they ran only two men were standing. And these had apparently made up their minds that neutrality was the best policy, for they made no movement to stop them. Psmith and Mike charged through the gap, and raced for the road.

The suddenness of the move gave them just the start they needed. Mike looked over his shoulder. The crowd, to a man, seemed to be following. Bill, excavated from beneath the publican, led the field. Lying a good second came a band of three, and after them the rest in a bunch.

They reached the road in this order.

Some fifty yards down the road was a stationary tram. In the ordinary course of things it would probably have moved on long before Psmith and Mike could have got to it; but the conductor, a man with sporting blood in him, seeing what appeared to be the finish of some Marathon Race, refrained from giving the signal, and moved out into the road to observe events more clearly, at the same time calling to the driver, who joined him. Passengers on the roof stood up to get a good view. There was some cheering.

Psmith and Mike reached the tram ten yards to the good; and, if it had been ready to start then, all would have been well. But Bill and his friends had arrived while the driver and conductor were both out in the road.

The affair now began to resemble the doings of Horatius on the bridge. Psmith and Mike turned to bay on the platform at the foot of the tram steps. Bill, leading by three yards, sprang on to it, grabbed Mike, and fell with him on to the road. Psmith, descending with a dignity somewhat lessened by the fact that his hat was on the side of his head, was in time to engage the runners-up.

Psmith, as pugilist, lacked something of the calm majesty which characterized him in the more peaceful moments of life, but he was undoubtedly effective. Nature had given him an enormous reach and a lightness on his feet remarkable in one of his size; and at some time in his career he appeared to have learned how to use his hands. The first of the three runners, the walking-stick manipulator, had the misfortune to charge straight into the old Etonian's left. It was a well-timed blow, and the force of it, added to the speed at which the victim was running, sent him on to the pavement, where he spun round and sat down. In the subsequent proceedings he took no part.

The other two attacked Psmith simultaneously, one on each side. In doing so, the one on the left tripped over Mike and Bill, who were still in the process of sorting themselves out, and fell, leaving Psmith free to attend to the other. He was a tall, weedy youth. His conspicuous features were a long nose and a light yellow waistcoat. Psmith hit him on the former with his left and on the latter with his right. The long youth emitted a gurgle, and collided with Bill, who had wrenched himself free from Mike and staggered to his feet. Bill, having received a second blow in the eye during the course of his interview on the road with Mike, was not feeling himself. Mistaking the other for a............