“Of Burgundy!” exclaimed the queen.

“It is true,” said the Duchess of Bedford, looking at the ornament with care, and slightly colouring,—for in fact the jewels had been a present from Philip the Good to the Duke of Bedford, and the exigencies of the civil wars had led, some time since, first to their mortgage, or rather pawn, and then to their sale.

The princess passed her arm affectionately round Jacquetta’s neck, and said, “If you leave me my choice, I will have none but these emeralds.”

The two elder ladies exchanged looks and smiles. “Hast thou travelled, young man?” asked the duchess.

“Not in foreign parts, gracious lady, but I have lived much with those who have been great wanderers.”

“Ah, and what say they of the ancient friends of mine House, the princes of Burgundy?”

“Lady, all men agree that a nobler prince and a juster than Duke Philip never reigned over brave men; and those who have seen the wisdom of his rule, grieve sorely to think so excellent and mighty a lord should have trouble brought to his old age by the turbulence of his son, the Count of Charolois.”

Again Margaret’s fair brow lowered, and the duchess hastened to answer, “The disputes between princes, young man, can never be rightly understood by such as thou and thy friends. The Count of Charolois is a noble gentleman; and fire in youth will break out. Richard the Lion Hearted of England was not less puissant a king for the troubles he occasioned to his sire when prince.”

Alwyn bit his lip, to restrain a reply that might not have been well received; and the queen, putting aside the emeralds and a few other trinkets, said, smilingly, to the duchess, “Shall the king pay for these, or have thy learned men yet discovered the great secret?”

“Nay, wicked child,” said the duchess, “thou lovest to banter me; and truth to say, more gold has been melted in the crucible than as yet promises ever to come out of it; but my new alchemist, Master Warner, seems to have gone nearer to the result than any I have yet known. Meanwhile, the king’s treasurer must, perforce, supply the gear to the king’s sister.”