that the bank does not approve of people leaving to play cricket; Psmith persuades him that rather than working at the bank, he should study for the Bar. They arrive at the game just as Mike, playing well, reaches his century. After the match, Psmith tells Mike of his plans to study law at Cambridge, and also that his father, needing an agent for his estate, is willing to take Mike on, having first paid for him to go to the 'varsity too, to study the business. Mr Bickersdyke, relaxing in his club, overjoyed at the thought of finally being able to sack Psmith and Mike, is further enraged when Psmith sympathetically announces their retirement from business. Characters Michael "Mike" Jackson, cricket-lover, had hoped to attend Cambridge, but sent to work at New Asiatic Bank because of family financial reverses Rupert Psmith, Mike's friend, at the mercy of his eccentric father, also sent to work at New Asiatic Bank; joins Mike in Postage Mr Smith, Psmith's father, a wealthy taker-up of hobbies John Bickersdyke, a school-friend of Mr Smith, now head of the New Asiatic Bank Mr Rossiter, Head of Postage at the Bank, a football fan Mr Waller, Head of the Cash Department, an amiable sort Bannister, Mike's forerunner in Postage, an Old Boy of Geddington school Bristow, Mike replacement there, wearer of clothing that causes Psmith acute suffering Publication history Under the title The New Fold, the story was published in six parts from October 1908 to March 1909 in The Captain and illustrated by T. M. R. Whitwell. The book is dedicated: "To Leslie Havergal Bradshaw". The first edition of the book included twelve full page illustrations by T. M. R. Whitwell. The American edition was issued in November 1910 by Macmillan, New York, from imported sheets. The story was included in the 1974 collection The World of Psmith, published by Barrie & Jenkins, London. An excerpt from the novel was included in the anthology Benny Green's The Cricket Addict's Archive, published in London by Elm Tree Books in 1977 and by Pavilion Books in 1985. The book contains an early use in print of a variation of the phrase "Elementary, my dear Watson". In the book, Psmith says after making a deduction, "My dear Holmes, how—! Elementary, my dear fellow, quite elementary." This appeared in the second part of the serial in The Captain magazine, published