She opened a black silk bag which she was carrying, a little trifle with white velvet lining and turquoise clasp. From a very dainty pocket-book in the interior she drew out a crumpled sheet of paper, covered with strange, cabalistic signs. She smoothed it out upon her knee and handed it to him.

'Well,' she exclaimed, 'there it is! Now you shall tell me what you are going to do with it?'

His hand had closed over the piece of paper. He gripped it firmly. Before she could stop him he had transferred it to his own pocket. She shrugged her shoulders.

'You had better return it to me,' she advised.

'I shall not,' he replied. 'Forgive me. I did not ask you for the formula—I did not know you had discovered it—but since I have it, I want you to remember that it was the discovery of an American and I shall keep it for my country.'

'But your country is not in need of anything of the sort,' she protested.

'I will be so far frank with you as to explain my motive,' he said. 'A few months ago I was attached to the American Embassy here. I have been attached to the Embassy in Paris, and for two months I was in Berlin. I have come to certain conclusions about America, in which I differ entirely from the popular opinion and the popular politics of my country. England has been living for many years in great peril, but there have been many who have recognized that. The peril of America is at least as great, and has remained almost altogether unrecognized. We have no army, a small navy, an immense seaboard, wealth sufficient to excite the cupidity of any nation. And we have no allies. We make the grave and serious mistake of ignoring world politics, of believing ourselves outside them and yet imagining ourselves capable of protecting the interests of American citizens in foreign countries. That is where I know we are wrong. I have resigned from the Diplomatic Service of America but I remain her one secret agent. I intend to keep this formula for her. She will need it.'

Suzanne de Freyne shook her head.

You will not be able to leave the gardens alive with it,' she assured him.

He glanced at her incredulously. Her smooth face was unwrinkled. She had the air of looking at him as though he were a child.