of ridicule and doubt being cast upon our statements. I hold one view about this matter, and Leo holds another, and finally, after much discussion, we have come to a compromise, namely, to send the history to you, giving you full leave to publish it if you think fit, the only stipulation being that you shall disguise our real names, and as much concerning our personal identity as is consistent with the maintenance of the bona fides of the narrative.

"And now what am I to say further? I really do not know beyond once more repeating that everything is described in the accompanying manuscript exactly as it happened. As regards She herself I have nothing to add. Day by day we gave greater occasion to regret that we did not better avail ourselves of our opportunities to obtain more information from that marvellous woman. Who was she? How did she first come to the Caves of Kôr, and what was her real religion? We never ascertained, and now, alas! we never shall, at least not yet. These and many other questions arise in my mind, but what is the good of asking them now?

"Will you undertake the task? We give you complete freedom, and as a reward you will, we believe, have the credit of presenting to the world the most wonderful history, as distinguished from romance, that its records can show. Read the manuscript (which I have copied out fairly for your benefit), and let me know.

"Believe me, very truly yours, "L. Horace Holly.[*]

"P.S.—Of course, if any profit results from the sale of the writing should you care to undertake its publication, you can do what you like with it, but if there is a loss I will leave instructions with my lawyers, Messrs. Geoffrey and Jordan, to meet it. We entrust the sherd, the scarab, and the parchments to your keeping, till such time as we demand them back again. —L. H. H."

This letter, as may be imagined, astonished me considerably, but when I came to look at the MS., which the pressure of other work prevented me from doing for a fortnight, I was still more astonished, as I think the reader will be also, and at once made up my mind to press on with the matter. I wrote to this effect to Mr. Holly, but a week afterwards received a letter from that gentleman's lawyers, returning my own, with the information that their client and Mr. Leo Vincey had already left this country for Thibet, and they did not at present know their address.

Well, that is all I have to say. Of the history itself the reader must judge. I give it him, with the exception of a very few alterations, made with the object of concealing the identity of the actors from the general public, exactly as it came to me. Personally I have made up my mind to refrain from comments. At first I was inclined to believe that this history of a woman on whom, clothed in the majesty of her almost endless years, the shadow of Eternity itself lay like the dark wing of Night, was some gigantic allegory of which I could not catch the meaning. Then I thought that it might be a bold attempt to portray the possible results of practical immortality, informing the substance of a mortal who yet drew her strength from Earth, and in whose human bosom passions yet rose and fell and beat as in the undying world around her the winds and the tides rise and fall and beat unceasingly. But as I went on I abandoned that idea also. To me the story seems to bear the stamp of truth upon its face. Its explanation I must leave to others, and with this slight preface, which circumstances make necessary, I introduce the world to Ayesha and the Caves of Kôr.—The Editor.

P.S.—There is on consideration one circumstance that, after a reperusal of this history, struck me with so much force that I cannot resist calling the attention of the reader to it. He will observe that so far as we are made acquainted with him there appears to be nothing in the character of Leo Vincey which in the opinion of most people would have been likely to attract an intellect so powerful as that of Ayesha. He is not even, at any rate to my view, particularly interesting. Indeed, one might imagine that Mr. Holly would under ordinary circumstances have easily outstripped him in the favour of She. Can it be that extremes meet, and that the very excess and splendour of her mind led her by means of some strange physical reaction to worship at the shrine of matter? Was that ancient Kallikrates nothing but a splendid animal loved for his hereditary Greek beauty? Or is the true explanation what I believe it to be—namely, that Ayesha, seeing further than we can see, perceived the germ and smouldering spark of greatness which lay hid within her lover's soul, and well knew that under the influence of her gift of life, watered by her wisdom, and shone upon with the sunshine of her presence, it would bloom like a flower and flash out like a star, filling the world with light and fragrance?

Here also I am not able to answer, but must leave the reader to form his own judgment on the facts before him, as detailed by Mr. Holly in the following pages.

There are some events of which each circumstance and surrounding detail seems to be graven on the memory in such fashion that we cannot forget it, and so it is with the scene that I am about to describe. It rises as clearly before my mind at this moment as though it had happened but yesterday.

It was in this very month something over twenty years ago that I, Ludwig Horace Holly, was sitting one night in my rooms at Cambridge, grinding away at some mathematical work, I forget what. I was to go up for my fellowship within a week, and was expected by my tutor and my college generally to distinguish myself. At last, wearied out, I flung my book down, and, going to the mantelpiece, took down a pipe and filled it. There was a candle burning on the mantelpiece, and a long, narrow glass at the back of it; and as I was in the act of lighting the pipe I caught sight of my own countenance in the glass, and paused to reflect. The lighted match burnt away till it scorched my fingers, forcing me to drop it; but still I stood and stared at myself in the glass, and reflected.

"Well," I said aloud, at last, "it is to be hoped that I shall be able to do something with the inside of my head, for I shall certainly never do anything by the help of the outside."

This remark will doubtless strike anybody who reads it as being slightly obscure, but I was in reality alluding to my physical deficiencies. Most men of twenty-two are endowed at any rate with some share of the comeliness of youth, but to me even this was denied. Short, thick-set, and deep-chested almost to deformity, with long sinewy arms, heavy features, deep-set grey eyes, a low brow half overgrown with a mop of thick black hair, like a deserted clearing on which the forest had once more begun to encroach; such was my appearance nearly a quarter of a century ago, and such, with some modification, it is to this day. Like Cain, I was branded—branded by Nature with the stamp of abnormal ugliness, as I was gifted by Nature with iron and abnormal strength and considerable intellectual powers. So ugly was I that the spruce young men of my College, though they were proud enough of my feats of endurance and physical prowess, did not even care to be seen walking with me. Was it wonderful that I was misanthropic and sullen? Was it wonderful that I brooded and worked alone, and had no friends—at least, only one? I was set apart by Nature to live alone, and draw comfort from her breast, and hers only. Women hated the sight of me. Only a week before I had heard one call me a "monster" when she thought I was out of hearing, and say that I had converted her to the monkey theory. Once, indeed, a woman pretended to care for me, and I lavished all the pent-up affection of my nature upon her. Then money that was to have come to me went elsewhere, and she